THE DOT - if this turns orange or red be alert

Monday, June 23, 2008

unpredictible volatile 2 weeks ahead

Uranus goes stationary this week on the 26th in a pretty exact sextile to Jupiter. Uranus triggers unexpected and volatile energy and Jupiter exaggerates it - but overall it is beneficial for Tech, as you may have noticed in the last few weeks. They have this sextile now for a few weeks already and more weeks ahead to stay - only the stationary elevates the basic effect. So what can we expect?

First of all, rising volatility in the markets and nasty weather conditions, leading possibly even up to earthquakes (when Jupiter went stationary weeks ago we had the Burma flooding and Chinese earthquakes). That is essentially bad news for the basically dangerous regions like the Midwestern states of the US - Tornado's could get more destructive.

Markets should go into capitulation-mode and turn around as fast as they dropped. This fits with my assumption that we should hit bottoms within 2 - 3 weeks from a technical point of view.

For Obama, it means trouble since the Uranus is opposite his Mars and will bring aggressive forces up against him from unexpected positions. Something will drive him mad but it also triggers the US Mars in a T-square with the US Neptune. Neptune is correlated to oil and, since he announced to tackle oil speculation, he has won a new but powerful enemy.

Excerpt from the NYT:

Senator Barack Obama on Sunday proposed tightening the regulation of oil speculators in an effort to ease record high gasoline prices and address one of Americans' top concerns.

On the other hand, Obama is a supporter of the Ethanol or the Midwest - so he is polarizing.

Excerpt from NYT:

When VeraSun Energy inaugurated a new ethanol processing plant last summer in Charles City, Iowa, some of that industry's most prominent boosters showed up. Leaders of the National Corn Growers Association and the Renewable Fuels Association, for instance, came to help cut the ribbon — and so did Senator Barack Obama.

In the heart of the Corn Belt that August day, Mr. Obama argued that embracing ethanol "ultimately helps our national security, because right now we're sending billions of dollars to some of the most hostile nations on earth." America's oil dependence, he added, "makes it more difficult for us to shape a foreign policy that is intelligent and is creating security for the long term."

We are close to the SPX target of 1300/10 and 11750 DOW, but I will take care of that in a special tech analysis later today

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