The stars are lining up for the second leg up late Jan/ early Feb

A rally will start around the Solar Eclipse on the 26th as it is in a perfect conjunction with Jupiter. Since it happens in Aquarius it might benefit tech stocks more than others. It has some negative spins though as its in a perfect 135 degree to Saturn which will put the brakes on at the same time and happens during a Mercury retrograde period a delay might be in place. It is also a translation of the Saturn / Uranus opposition which also produced sell offs.

Basically it confirms my idea that a second leg up starts right after the earnings season is through for Q4 - which was quite unpleasant so far as it was likely to be The inauguration of the next President of the USA happens during Mercury retrograde ( which is not good but the Solar eclipse puts a smoother spin on it),a fresh start is finally at hand people will believe and raise the spirits for a while . Only that the forces at work are so strong that no one could stop them, the consolidation is more than overdue after the excesses of wall street and the global economy. Lets remember how this morons praised stock buy backs at the highs as an good investment.This was a broad campaign to squeeze prices higher on an insane strategy which is quite similar to the Japanese event in the late 80's.

Excerpt

WORLD 26 January 2009 First solar eclipse of 2009 to be eclipsed by the second

The first of two solar eclipses of 2009 is the annular kind. It will be visible from a wide track traversing the Indian Ocean and western Indonesia. A partial eclipse will be seen from the southern third of Africa, Madagascar, Australia (not Tasmania), southeast India, Southeast Asia and Indonesia. The second eclipse of 2009, in July, is a total solar eclipse. These outrank the annular kind for eclipse tourists, and the July eclipse will be spectacularly long.

This is the 50th eclipse of Saros 131, a 70-eclipse family that began with 22 partial eclipses starting on 1 Aug 1125. The first central eclipse was total in the Northern Hemisphere in 1522. The series will produce 29 more annular eclipses, the last of which is on 18 Jun 2243. Saros 131 terminates on 2 Sep 2369 after a string of seven partial eclipses.

An annular solar eclipse is where the Moon lies directly between the Sun and the observer (much like a total solar eclipse), but the location of the Moon is such that the it appears smaller than the Sun. This means the outside of the Sun is still visible. Nov/08

RELATED READING:
NASA eclipse web site
http://eclipse.gsfc.nasa.gov/eclipse.html