What’s Happening With The Stock Market????
Amazing downturn these last few weeks on Wall Street. It goes down when the bailout bill does not pass. Then it goes down when the amended bailout does pass. Then it goes down some more for who knows what reason. From a high in the 14,000 range, it has fallen to below 9,000. What is going on astrologically?
For one thing, the period of Mercury retrograde has not helped us to deal with the mortgage crisis, the foreclosure crisis, the credit crunch, or any of the other negative news. Mercury is finally going direct this Wednesday, Oct. 15. It will be none too soon. But of course Mercury goes retrograde three times a year, so we cannot lay everything at his dainty winged feet. He’s only the messenger, after all.
I like to go back to fundamentals as laid out by Barbara Koval, especially in her book, Time & Money: The Astrology of Wealth. Let’s look first at her chart for the birth of the New York Stock Exchange: founding on May 17, 1792, New York, NY, about 10 am Eastern. Ten degrees Leo rising, with Uranus at 15 degrees Leo, and 29 degrees Aries at the Midheaven. Mars at 18 Virgo and the North Node at zero degrees Libra in the second house; Jupiter and Neptune at 22 and 27 degrees Libra in the third; Pluto at 23 degrees Aquarius in the seventh; Moon and Saturn at 19 and 26 degrees Aries in the ninth house; Venus at 5 degrees Mercury retrograde at 23 degrees and the Sun at 27 degrees Taurus in the tenth.
Drat! Wouldn’t you know that Mercury would be retrograde in the birth chart of the major stock exchange of this country? Would that account for the continual cycles of boom and bust that this country has suffered?
[Read the whole article at http://milky-way-astrology.blogspot.com/2008/10/whats-happening-with-stock-market.html — Thanks.]