Tuesday, August 02, 2005

Market Astrology for Tuesday 2 August 2005

Without too many aspects the EU markets drifted up with the softs, and the Euro hit 1.2241. In the afternoon we had softs at first, and then hards; that took the stock markets, like the Dow, Nasdaq and the Dax up first, and then later on the US stock markets levelled out with the hards. On the currency side the soft aspects took the Euro higher still to 1.2254, and then the US dollar started to go, once the Sun began rising there, and took the US dollar to 1.2192. People who have been reading these reports know about this phenomenon. I will explain it again, in view of the fact that I will be posting the free report for tomorrow.

Remember that aspects are between planets and planets, and planets and moon. So if you have a lot of soft aspects (for arguments sake) at just the time when the Sun is going into the afternoon in EU and rising in the US, then the soft aspects will make the dominant currency in Europe, which is the Euro, go up. Then as the Sun starts to rise in the US, it will make the dominant currency there, which is the US dollar go up.

So carrying on with the review. There were hard aspects in PM US to begin with, and then soft aspects later on to the close. And as you can see, the US stock markets went down, and then up. Simple. Now look at the US dollar, it remained flat. Why? I think it has more to do with no foreignors trading in US, and this happens a lot in late US trading. Worse still, once New York is closed, the world switches off for a few hours at least. The first independant country to switch on the markets is New Zealand's Barclay's Exchange. The futures markets in US are no good, and have never really moved that much in the after US markets hours, no matter what the aspects are doing. There is then a lot that can be done to produce a healthy 24/7 global market. Then you have the fact that Hong Kong stays open just long enough for the EU markets to open. The movements of all the stock exchanges imbetween Hong Kong to EU are pretty much irrelvant. I do follow the Mumbai and it does correlate, but there are so many others. Never mind.

Below are the aspects we had.

GMT

00-01 hs
01-02 g
02-03 hhsh
03-04 hh
04-05 g
05-06 hhh
06-07 h
07-08 g
08-09 hssh
09-10 shshs
10-11 g
11-12 h
12-13 g
13-14 shs
14-15 s
15-16 hh
16-17 h
17-18 h
18-19 g
19-20 hss
20-21 ss
21-22 h
22-23 hhh
23-24 h