January 20, 2006

January Stock Market decline

I see the Dow is off over 100 points today. Checking the NYSE composite chart (May 6 1982 10.00 am NYC), it's clear that Venus approaching natal Ketu may be part of the downward slide. Mercury just entered Capricorn -- the 8th house -- in this Gemini rising chart so that is another negative factor.

Noted financial astrologer Arch Crawford has predicted a significant decline on Wall St for the end of January. Looks as though he will be right on the money once again.

Expect to see more declines as Mercury moves deeper in sidereal Capricorn close to Neptune while Venus stations exactly conjunct natal Ketu. Shouldn't be anything too huge but a 5% correction is entirely within range. The developments in Iran will probably not help matters. Stocks may recover by the second week of February.

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