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Is a market correction around the corner?



“When Black Friday comes, I’ll stand by the door and catch the grey men when they dive from the fourteenth floor..”
I’m sorry, but this morning’s porridge isn’t fresh. It was slammed together yesterday afternoon. As you receive this I’ll be doing some showy-off stuff in the City. No freshly scribbled early morning porridge today – just this “warmed up in the micro-wave” pap. (Incidently, one of my favourite words is Poppity-Ping – Welsh for microwave. Don’t say you don’t learn something every day…). If I write anything profound last night, it might well be mediocre by this morning..But… today is the day… finally it has arrived. It’s time to suffer.. http://www.zerohedge.com/news/2017-10-12/bill-blain-today-day





A chart for NYSE as given by Astro-Databank  [1] is reproduced here.  What immediately catches our eye is the opposition aligned with the meridian. Venus is very appropriately  in the money sign Taurus. Jupiter, the ruler of 5th house of speculation, is conjunct Neptune which introduces a danger of being trapped in overextension and  bubble schemes. These schemes can give easy money when the going is good but when Saturn, which is opposite Jupiter-Neptune, is activated a reality check follows.

Jupiter-Neptune-Saturn:  the feeling of being abandoned by one’s luck. The experiencing of the consequences issuing from false hopes, plans which come to nothing, losses.

With  transit Uranus triggering the opposition, and the October 19 New Moon [26li35] falling opposite Uranus [26li31] and the NYSE chart meridian, the following delineation from Ebertin applies:

Jupiter-Neptune-Uranus: The stage of coming down to earth with a bump, sudden recognition of a difficult situation.

The effect of the New Moon lasts the entire lunar month so that Bill Blain may be right. The big crash may be just around the corner!!


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