1. The weird but not unexpected rally yesterday is part of wave 4 up which comes to an end slowly one could think as we have 2 optional scenarios now. First wave 4 is done and we enter wave 5 down over the next 2-3 weeks which implies that Greece will not bring the new austerity package through the Tuesday vote – astrology favors this scenario as the solar eclipse on the 1st July rather is a harbinger of a crises. Thereby the crises can play out in 2 different forms one is austerity package passes parliament but the citizens get frantic and create chaos on the streets ( that rather plays into the playbook of old Rothschild) – stocks would go up. The second option for a crises would be parliament rejects the package markets sell off.
We are now in week 6 down by TD counts not actual down weeks which runs very classic so far and usually we would see lower lows within the next 3 weeks. That could play out in a diverging scenario as the SPX can still drop to 1240-50 while the NDX may rather hold the 2175 support before a severe counter-rally starts – that would be a playbook turnout on a technical level which is also supported by sentiment levels. As marketsnneed to get a bit more bullish again before a severe drop can follow. The only exception to the rule was/ would be a Lehman event or in these case Greece default. That option is not likely for now by common sense as European banks can not be bail outed again on hardcore level as that would be politically hard to sell to the people and since interest rates are already close to zero the margin to create free profits for banks to absorb the losses are not given anymore. Bernanke and Trichet hinted to the dangerous situation this week. I am not sure if China is willing to throw 1-2 tril at this situation because that would wipe out their remaining reserves as they have to cover for some big losses already in their hometurf bad loan problems.
Back to our special astro situation as we are going through 3 eclipses with the last one pending on 1st July.
The two researchers are Steve Puetz (pronounced “pits”) and Chris Carolan. Chris just won the 1998 Charles H. Dow Award for his original research and the complete article is offered on his website at http://www.calendarresearch.com/ . The research by Puetz was first noted in our October 10, 1995 newsletter. Here is what we wrote:
“Puetz attempted to discover if eclipses and market crashes were somehow connected. Without discussing our own opinion on the potential connection between astronomical configurations and market timing, let’s simply relate to you the basic findings discussed by Puetz. He emphasized that he is not contending that full moons close to solar eclipses cause market crashes. But he does conclude that a full moon in general and a lunar (eclipse) full moon close to solar eclipses, in particular, seem to be the triggering device that allows for the rapid transformation of investor psychology from manic greed to paranoia. He asks what the odds are that eight of the greatest market crashes in history would accidentally fall within a time period of six days before to three days after a full moon that occurred within six weeks of a solar eclipse? His answer is that for all eight crashes to accidentally fall within the required intervals would be .23 raised to the eighth power less than one chance in 127,000.”
“. . .Puetz) used eight previous crashes in various markets from the Holland Tulip Mania in 1637 through the Tokyo crash in 1990. He noted that market crashes tend to be lumped near the full moons that are also lunar eclipses. In fact, he states, the greatest number of crashes start after the first full moon after a solar eclipse when that full moon is also a lunar eclipse . . Once the panic starts, Puetz notes, it generally lasts from two to four weeks. The tendency has been for the markets to peak a few days ahead of the full moon, move flat to slightly lower –waiting for the full moon to pass. Then on the day of the full moon or slightly after, the brunt of the crash hits the marketplace.”