First My technical evaluation is almost exactly in sink with astro cycles as we will have a severe bottom (interim) first half of March and a big rally (bear market rally) will develop for a few weeks up to August probably we will see a big consolidation in shape of an ascending triangle. The magnitude to put it in round numbers will be 650-700 bottom and 950-1000 top in SPX terms.
Last week’s large price swings in financial markets and precious metals was not unexpected. As stated last week, “…heliocentric Mercury starts its 10-day trek through Sagittarius on Friday, February 20. Not only are one’s opinions expressed with exaggerated urgency, but so too are prices swings in many financial markets, especially precious metals, during this period. Yet none of this compares with the strength of the geocosmic signatures coming up March 6-12, when Venus turns retrograde, and the Full Moon will take place on the same degrees of the zodiac as the Saturn-Uranus opposition. Everything is building up into that time frame, like the pressure in a boiling pot of hot water. Everybody’s talking (shouting) but nobody is listening. And that can result in sharply falling stock prices, unless the mood and intention change quickly.” The mood and intentions did not change last week, and in response, the markets continue to fall in this next leg of the economic panic of 2008-2009. Welcome to the Cardinal Climax.
The Venus retrograde of March 6 is like a magnet, pulling prices sharply in their particular trend direction into the two weeks surrounding that event. The heliocentric Mercury in Sagittarius is exaggerating these price swings, with psychological fears of an economic disaster in the making. I don’t see this trend changing until it peaks out, March 6-23. If you are on the right side, it can be a very profitable period. If not, it can be painful waiting for the reversal.
Now some longer term pattern which will have a huge impact, the Jupiter Neptun conjunction will do 2 things in my opinion blow up stock prices as hope overrules common sense and give oil a big boost after the sharp drop which might rise up to 80 Dollar.
The Gold bugs may have it right this time. After declining 9% in December, the PPI (Producer Price index) shot up a remarkable +.9% for January, an upward swing of 2.8%! The CPI (Consumer Price Index) was down .8% in December but up .3% in January, a change of over 1%. As stated previously, this is consistent with the principles of Jupiter and Neptune approaching their conjunction in Aquarius, which is coming up May through July, 2009, with a third passage in December.
In November 2009 Saturn will square Pluto that's a very disastrous energy and will send markets into a very destructive downside move ( likely triggered by crashing bond markets) to new lows and the economy will go into a sharper contraction. Starting in October 2011 Uranus will square Pluto which is explosive and destructive energy and last til 2014 that's the time when things hit the bottom but it will be a tough landing last time we had that was early 30's the big depression. Its not hard to imagine with prevailing conditions where we are heading. Whatever Obama does promise it will not happen as we are in a natural cycle of contraction which is a healthy thing even it it sounds cruel but the excesses of the last 20 years have turned into a steep bill but we have to pay the piper.