MARKET DRIFTING SIDEWAYS… AS OPPOSITION FORMS…

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“Bernanke: Recession 'Likely Over'”

Fifty point moves up or down in the DJIA daily average… does not a recovery make… nor the bored volume of trading lately… as the markets hover in the mid range from the 07’ highs and the 09’ lows… like a herd of Wildebeest that pauses in it’s grazing and looks around… scenting some possible threat nearby…

Today transiting Saturn (at 24 degrees of Virgo) is in exact opposition to Uranus (at 24 degrees of Pisces). The past two big drops in DJIA occurred when this opposition occurred in 08’ and 09’… Due to retrograde movement of both planets, this opposition occurs five times within this two year period. This is the third one and the last one of this series will occur in July of 2010.

This is powerful separating and opposing energy… as we’ve witnessed it pull markets, the earth, and social order apart this past year… The question is of course, in which direction will the Wildebeest investor herd stampede to?

Will their Bull greed cause sudden inflationary surges up… based on illusory hopes and expectations, setting things up to drop again in 2010?… or will the influence simply dampen the surge and cause the markets to drift sideways in a unsure 500 point range? …or will it be another horrendous Bear drop within a week or two?

In my opinion… I don’t see much progress to even justify the levels that it has gone to lately… yet it may drift for a while and then head up again in another ‘hype’ bubble… that then would face the opposition again in April of 2010… for the big drop. I may be wrong, but I see a double bottom ‘W’ pattern forming in the stock market bar charts… with real recovery and/or revolutions beginning in 2010-2012.

There may also be significant earthquake activity in a 6.0+M range within the next couple of weeks. I hope I’m wrong about that… as I live within range of a major fault line …San Andreas… and I have experienced a couple of big earthquakes over the years…

…on the more fun side …these transits might provide some interesting upsets and good underdog bets in the football games… I’m working on some interesting charts for this next weekend… I’m liking the Seattle Seahawks and the Green Bay Packers lately… we shall see…