Financial astrology-wk of Sept 29 + Monday New Moon Libra

[katty]

(& current Merc Retrograde)

more: http://www.stariq.com/marketweek.htm

Week of September 29

Review and Preview


Are you kidding? I mean, seriously, as a Financial Astrologer, or student of Astrology, would you really recommend the White House and Congress to rush through a $700B bailout agreement that could bankrupt the country in a “New York minute,” just as Mercury is starting its retrograde motion (September 24-October 15)? Basic Astrology 101 teaches us not to make hasty decisions under Mercury retrograde, for inevitably (or so it seems), the matters agreed to do not work out well, or at the very least, require substantial modification afterwards. The idea is that one does not know, or adequately understand, all the facts required to make a well-informed decision. To say that not all the facts are known in this “Financial Rescue” proposal of Treasury Secretary Hank Paulsen, would be an understatement. In somewhat typical Aries fashion (Paulsen is an Aries), the Treasury Secretary warns that failure to act at once will send the economy into a serious recession, an economic crisis. Not that anyone who has been reading this column for the past nine years would be surprised (yes, we began forecasting the period of 2008-2015 as a potentially very serious economic crisis period for several years now, based solely on Financial Astrology), but still, when the fullness of the crisis hits, the last thing you want to do is to compound previous mistakes by making agreements in haste before all the ramifications are considered clearly. And that is exactly the danger posed when Mercury is retrograde – especially when Venus (and soon Mars) are in the economic-crisis sign of Scorpio, and most especially when Saturn, Uranus, and Pluto are quickly moving into their T-square formation, a pattern that has not been seen since 1930-1931. People ask me all the time if I think there is any possibility of a 1930’s Depression again, and my answer is “Yes.” But there doesn’t have to be. After all, the outcome is always the result of a combination of planetary cycles AND personal choices of our leaders. Historical cycles don’t have to repeat, but they are doomed to repeat when we fail to apply the lessons from those previous times. In this case, we are looking at an 80-90 year cycle.

Equity markets throughout the world were not very happy last week. They started the week on an optimistic note, but for most, the high of the week was in on Monday. Some markets, like the Dow Jones Industrial Average, rallied again late in the week on hopes of a “bailout” agreement over the weekend. Perhaps they will be right---for the new moon in Libra happens on Monday.

[MorningGlow]

1. I wish the rest of DU were open to this kind of interpetation

There are a lot of folks running around with their hair on fire in GD and GDP now that the bailout failed.

[katty]

2. hmm,yes-I, like many others have been tracking this moment

or 'sea change' (via events & astrological cycles, etc) closely, for about 12 years now--this moment in time, a historic turning (no matter what one's POV is)has occured and there is no going back to the way it has been-ever again. We are in the stage of the wretched 'in between' the past, the current chaos and the future. No matter how hard we try to avoid the obvious - it just won't work anymore.

[mother earth]

3. I believe the bailout package was modified for the better, BUT

I still think they can use this time to step back and do something that is far more worthy for this country. I think this is a blessing in disguise & I'm glad it didn't pass during the mercury retrograde.

[northernlights]

4. I'm glad it failed too

it was certainly better than the blank check Paulson demanded 10 days ago, but I'm sure has plenty of room for improvement.