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Bullwinkle

12/06/03 3:07 PM

#107 RE: Bullwinkle #106

Astro Cycle Analyisis for the week of Dec 8th

In terms of markets, the Jupiter-Pluto-full moon week may mean sharp price movements. If the worry of the investment community continues through Monday, it may begin to gather momentum into mid week, or even a little later. I don’t think it will continue for long, though, just yet. The Sun squares Jupiter on December 10 has a history of correlating with at least major cycles (intermediate-term cycles) within only 6 trading days. So if markets are declining now, they will likely end that decline sometime this week, and bounce back again by the following week. I don’t see the danger so much in the markets as I see it more in terms of world tensions. Only if there is a powerful terrorist attack will it rock the markets more than 4%. Although there is that possibility this week, I think it is more in the form of verbal spewing of intense hatred and threats right now. A more serious and more dangerous time might be right at the end of the year when the Sun-Mars-Saturn T-square forms.


Both the Dow Jones Industrial Average and the NASDAQ Composite posted new highs for the year on Wednesday. The DJIA reached 9942, but then sold off modestly to close the week at 9862.70. The NASDAQ Composite briefly exceeded the 2000 mark intraday on Wednesday, but then sold off more forcefully to close the week at 1937.80. In the process, the momentum indicator on the NASDAQ has turned down. We shall see if that becomes a leading indicator for the DJIA and other indices this next week.

Once again both the Euro and Gold recorded new all-time and 7-year highs respectively on Friday. As stated last week, "The stock market may be dismissing the potentially dangerous inflationary reports on the economy and the political situation in the U.S.A. But the precious metals and currency markets are quite aware of the possibility, and therefore they probably offer better long-term investment opportunities than stocks. They may also be more realistic about what is really occurring in today’s world economy."


By MMA Cycle Analysis