Review and Preview
esoteric..qui non lo mai postato ...ma va letto attetamente...
he Jupiter-Uranus (sans Saturn) “Asset Inflation train” was at full throttle last week in world equity markets. Some world stock indices soared to new yearly highs, such as the German DAX, Brazil Bovespa, Argentina Merval, Hong Kong Hang Seng, and India’s Nifty index. In the case of the Merval, it was an all-time high. Other markets made soared to their highest levels since the yearly highs of late April. This was the case in the Netherlands AEX, London FTSE, Australian All Ordinaries, Moscow’s Micex, Dow Jones Industrial Average, and the NASDAQ Composite. The Japanese Nikkei and Switzerland SMI indices did not make new cycle highs. Yet this is not yet a case of intermarket bearish divergence, because all indices closed near their highs of the week, not their lows. Not even the Venus retrograde station of October 8 stopped the momentum of the Jupiter-Uranus thundering herd. Not yet, anyway. The “Asset Inflation Express” was not limited to equity markets. Gold also soared to a new all-time high, reaching 1388 on Thursday’s lunar reversal date, while Silver tested 2500 on the same day, its highest level since 1980. The culprit here is a cascading dollar, related to the simulative monetary policies of the Federal Reserve Board and fiscally unbalanced spending policies of the White House and Congress. They broke session without even agreeing on a budget for this year. In response to these policies, the Swiss Franc has surged to its highest level ever against the U.S. Dollar, while the Yen is now nearing its all-time high achieved 15 years ago.
Short-Term Geocosmics
The Jupiter-Uranus conjunction of September 18 didn’t stop it. The Sun in opposition to Jupiter and Uranus on September 21 stopped it for awhile in the stock indices of most countries, but not in the United States (what does that tell you?). Nor did the new moon in Libra of October 7 or Venus stationary retrograde of October 8 stop it. Stock markets around the world are on fire now that Saturn has moved past the Cardinal Climax points in late August. It’s clear sailing for Jupiter and Uranus in Pisces, and then Aries, for awhile now.
But wait a minute. These markets can’t go straight up for months now, can they? Won’t there at least be a 2-5 week corrective decline along the way? One would think so, especially now that we are headed into the Libra full moon this week, and transiting Mars is at a critical point in the zodiac that oftentimes coincides with at least a couple days of sharp declines. And we are still within the orb of influence for a Venus retrograde reversal. It’s only been 5 trading days, and sometimes these orbs can stretch out to as many as 12 trading days. So far the high in the DJIA has been on Thursday, October 13, only three treading days past Venus turning retrograde. The thing is, though, when you get a “bubble,” nothing stops it on time. It always runs over the point when it should stop.
This week finds yet another time band of several geocosmic signatures unfolding. The main planet involved in these transits is Mars in Scorpio. On October 20, Mars will be trine to Jupiter. Two days later it will be square Neptune. And two days later, on October 24, it will form a trine to Uranus. This combination may not be enough to change the trend. But it can coincide with a correction to that trend.
Longer-Term Thoughts
As we look back at the astrological peak of the Cardinal Climax July 21-August 21, there are a couple of things that stand out in terms of financial markets. One has to do with the incredible rise in Gold, and especially Silver, that started at that time, and the other with the peak and the ensuing sharp decline in Wheat prices.
Take a look at Silver and Gold since their last primary cycle trough of July 28. Gold was below 1160 at the time, and Silver was below 1750. Last week Gold was up to 1388 and Silver 2495. The position traders of Gold on our daily report are extremely happy since they were put long about $120 ago at 1265. Yet there have been no “normal” corrective declines. In fact, every day Silver made a new cycle high for nearly an entire month! That is a characteristic of a “bubble” or “blow-off.” But in the case of Gold and Silver, this was expected because Mars is transiting through Scorpio (September 14-October 28), a phenomenon that has about an 80-90% historical correlation to strong rallies in Gold.
Now that we are nearing the end of this ingress, and at a point in the Scorpio time band where at least one leg of the bubble usually peaks, one may wonder just exactly when the correction will start, and how serious it will be. In fact, will it be just a correction, or the end of the bull trend? The problem with bubbles is that when they pop, the corrections are usually far from “normal.” Just look at Wheat when it topped out in the first week of August, in the middle of the Cardinal Climax as the drought struck the Russian farm belt. That rise was also a bubble (472 in June to 868 less than two months later, on August 6), and the decline that followed it was intense (it declined almost 200 points in just the next 8 trading days, and 225 points over the next two months). Could something similar happen in Gold and Silver? Yes it could, especially after Mars leaves Scorpio, and if the U.S. election sees a whole new group of “anti-deficit” Congressional candidates elected in early November.
But it may not really be the end of the “Asset Inflation Express,” for Jupiter is still near to Uranus, and both will be entering Aries again in early 2011. this “express train” could run well into the first half of 2011. The good news is that this promises to be a very exciting market climate with many potentially very profitable trading opportunities. The bad news is that it probably contains bubbles and blow offs, and these usually end badly for many investors who tend to get in right at the end.
On a longer-term note, we know that the previous Cardinal Climax lasted from 1928 through 1934, which is similar to this current one lasting from 2008 through 2015. The astrological center of the prior Cardinal Climax unfolded May 15-June 15, 1931. There were far more serious geopolitical and economic issues then than this time in mid-2010. Back then, as reported by Financial Astrologer Bruce Larson in the ISAR financial ezine (
www.isarastrolgoy.com), the Creditanstalt Bank of Austria went bankrupt, setting off the real Great Depression in Europe. The entire banking system shut down for weeks in the summer of 1931. Great Britain at the time devalued the pound and went off the Gold standard three months later. If we allow three months orb from the astrological center of this time, it would include the period in which Greece went bankrupt and several European nations witnessed credit downgrades, causing the Euro currency to plunge. And even now, less than two months later, we watch as the U.S. Dollar currency is plunging towards historical lows against other currencies.
But in terms of stock markets, we note that the actual bottom during the Great Depression was not realized in the U.S.A. until July 1932, some 13-14 months after the center of that rendition of the Cardinal Climax. In this current case, the actual stock market bottom may have been March 2009, about 16-17 months before the July 21-Augiust 21, 2010. There may be some symmetry here. Many have asked why the astrological center of the Cardinal Climax didn’t coincide with the peak or bottom of the stock market’s longer-term cycle this time. Well, it didn’t last time either. Yet in both instances it did coincide with major economic developments that were within 18 months of very long-term troughs in stock markets. This isn’t too bad when you consider that these are 72-90 year cycles in stocks. And the actual bottom was still within the parameters of the entire Climax period. This should tell you something about how Astrology really works. It’s not fortune-telling. It is not always causal in terms of long-term absolute highs or lows in financial markets. Yet for traders of currencies, precious metals, and other commodities, the astrological peak of the Cardinal Climax was indeed very significant, leading to 25-50% moves shortly after. When was the last time Silver rallied nearly $8.00/ounce in less than three months? It even led to a 10-15% decline in most stock markets of the world, August 6-25. Any time you get a 10+% move within a couple of weeks, it is considered an exceptional opportunity to a trader. That’s why Financial Astrology provides that edge that all traders seek.