THE DOT - if this turns orange or red be alert

Friday, June 6, 2008

The new moon lifted the markets

The current new moon had even a positive spin since it was in conjunction with the new moon and Venus Sun are traveling together for a few days which keeps up the positive spin but first disturbance might come from Ceres opposing Sun on 11th June - latest the full moon will have very unpleasant momentum with full-moon on Pluto and Venus opposing Pluto.

That confirms the technical picture which runs into exhaustion early next week for the market leaders like NDX but for a few days the weakest segment the banks have a positive drift again but more trouble is ahead in that segment.

excerpt from Bill Meridian

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