Prime Minister Berlusconi faces yet another vote of confidence today. Should he lose the vote he would need to step down and his government would be constitutionally required to call an immediate general election. However, he is expected to survive this narrowly through the support of his right of centre allies in the Northern League. Nevertheless, if enough independent deputies stay away an upset is still possible. Berlusconi decided to seek a vote of confidence himself after losing a crucial division on the public accounts earlier this week. Meanwhile the beleagured Berluscomi is fighting three separate court cases and his political party has become quite fractious.

The result of the confidence vote is due at around 11.30am GMT on Friday.

http://www.guardian.co.uk/world/2011/oc ... sfeed=true

Nevertheless Berlusconi and Italy in general are embattled with the sovereign debt position for the country by far the worst of any major European economy at 120% of GDP. This is making it very difficult to convince investors in Italian credit worthyness. In turn this is causing a 'contagion' to European Banks heavily implicated in Italian and Spanish debt.

Even if Berlusconi survives this vote the prospects of an earlier election early next year now seem increased. However, with Berlusconi's approval rating below 25% in the polls, the prospects of a socialist led coalition returning to power looks likely. This would fit the trends in France and Germany where the left wing parties seem to be resugent in opposition to conservative administrations struggling to tackle the miasma of economic problems across The Euro-Zone.

Meanwhile, another credit rating agency has downgraded the status of the Spanish economy down from AAA to AA. This means the country is considered less likely to be able to repay its debts without a further bail out or defaulting.

http://www.businessweek.com/news/2011-1 ... tlook.html

Spain like Britain and Ireland went through a property boom bubble that burst during the Banking crisis of 2008. Spain currently, has the highest unemployment rate in western europe at over 20%.

The prospect of Italian and Spanish debt being the catalysts for a new Banking crisis across Europe in now being seriously discussed by economic commentators. This would dwarf the Greek sovereign debt crisis that is already putting European banks under condsiderable pressure. A Greek default is now almost certain in the next few weeks with half its debt being underwritten by both its Euro partners and European Banks.

I recently, highlighted the prominence of both these charts in my thread on the Libra ingress across the world.

http://skyscript.co.uk/forums/viewtopic.php?t=6364

Here is the Libra ingress chart foir both countries:

Italy
Spain

Mark wrote:
I recently, highlighted the prominence of both these charts in my thread on the Libra ingress across the world.

Interesting how the ruler of the Ascendant and the Moon is deeper in the 9th house of Italy Ingress in comparison with Spain chart.

Maybe because Spanish government has a firmer grasp on crisis, in Italy we feel we are at a standstill.

Berlusconi has no enough votes in Parliament to do whatever and the only moment when he has the majority is when they should vote a confidence vote because everybody is obliged to vote by the fear of losing the possible forthcoming elections.

margherita

In view of the on-going financial crises and political turmoil in Europe I am offering 3 charts.
The first one is for April 6. 2011, which is the High of the Year for the Oslo Stockmarket.
Here the Sun is in Aries and the Moon is in Taurus, which according to the old Egyptians was the most fortunate and prosperous day of the year. But here it indicates a top.

The second chart is the intermediate termination of the Bear-dip on August 9. 2011:
There are several interesting factors here. First, the Sun has moved 120 degree to the exact trine of its position held on April 6., although in fact 125 days have passed. The next item to be observed is the Moon joined to her North Node in Sagittarius. The North Node gives rise to things and indicates strength. So the market finds hold at this point. Mercury is also in the final degree of a sign, Leo, that often is an indication of a run that has come to its end.

The third chart is for tomorrow, Monday, October 17:
The question is whether optimism has returned to the market or not. If the markets do not substain strength from this point, then what we have seen the last months has been a correction. The basic rule is that if you can say 'something is wrong with this market' then it has been a correction. And neither has volume been in the market, which brings in another rule that says 'volume will diminish during a correction from the beginning to end'.

If markets do top on Monday then the correction can be divided into intervals of 23, 33 and 13 days, which represents some sort of interesting symmetry. But in the above chart the Moon has completed 2,5 synodic months since August 9., which means that it is on the opposite side of the zodiac and joined with its South Node in Gemini. The South Node indicates weakness and something descending. In this chart Mars, that may either bring things to a peak or cut things down, has reached 16Leo, which is the degree held by the Sun on August 9. Mars was the dispositor og the Sun in the chart of April 6.

Bottom line - the issues that this thread adresses, the crises in Europe, and Spain and Italy on the ropes - is real. The technical analysis of the financial markets suggests that the problems are NOT solved - although someone HAS thrown a bucket of water over the fire to try and cool things down. The reason for providing the three above charts is to try to attempt to give insight to the psychology behind the scenes at important turning points in the financials.

Andrew Bevan wrote:In view of the on-going financial crises and political turmoil in Europe I am offering 3 charts.
The first one is for April 6. 2011, which is the High of the Year for the Oslo Stockmarket.

Here the Sun is in Aries and the Moon is in Taurus, which according to the old Egyptians was the most fortunate and prosperous day of the year. But here it indicates a top.

The second chart is the intermediate termination of the Bear-dip on August 9. 2011:

There are several interesting factors here. First, the Sun has moved 120 degree to the exact trine of its position held on April 6., although in fact 125 days have passed. The next item to be observed is the Moon joined to her North Node in Sagittarius. The North Node gives rise to things and indicates strength. So the market finds hold at this point. Mercury is also in the final degree of a sign, Leo, that often is an indication of a run that has come to its end.

The third chart is for tomorrow, Monday, October 17:

The question is whether optimism has returned to the market or not. If the markets do not substain strength from this point, then what we have seen the last months has been a correction. The basic rule is that if you can say 'something is wrong with this market' then it has been a correction. And neither has volume been in the market, which brings in another rule that says 'volume will diminish during a correction from the beginning to end'.

If markets do top on Monday then the correction can be divided into intervals of 23, 33 and 13 days, which represents some sort of interesting symmetry. But in the above chart the Moon has completed 2,5 synodic months since August 9., which means that it is on the opposite side of the zodiac and joined with its South Node in Gemini. The South Node indicates weakness and something descending. In this chart Mars, that may either bring things to a peak or cut things down, has reached 16Leo, which is the degree held by the Sun on August 9. Mars was the dispositor og the Sun in the chart of April 6.

Bottom line - the issues that this thread adresses, the crises in Europe, and Spain and Italy on the ropes - is real. The technical analysis of the financial markets suggests that the problems are NOT solved - although someone HAS thrown a bucket of water over the fire to try and cool things down. The reason for providing the three above charts is to try to attempt to give insight to the psychology behind the scenes at important turning points in the financials.

Agreed.

The symmetry is good for the 10day Simple moving averages of stock charts as well as the verses in chapter 13 of Mark's Gospel


PD

PD wrote:

Agreed. The symmetry is good for the 10day Simple moving averages of stock charts as well as the verses in chapter 13 of Mark's Gospel

I am not sure what you mean by the biblical reference. I dont wish to give any offence but I do think its wiser if we all stick to purely astrological reasoning here on the forum.

Mark

Mark wrote:PD wrote:

Agreed. The symmetry is good for the 10day Simple moving averages of stock charts as well as the verses in chapter 13 of Mark's Gospel

I am not sure what you mean by the biblical reference. I dont wish to give any offence but I do think its wiser if we all stick to purely astrological reasoning here on the forum.

Mark

No offence taken.

Gospel of Mark:

Chapter 13
verse 23: But take ye heed: behold, I have foretold you all things.
verse 33: Take ye heed, watch and pray: for ye know not when the time is.

I was just trying to work out the mysterious prophesy of number symmetry(which I had higlighted in bold) in that post.


PD

I actually consider an option now to be that the market continues to zig-zag upward until October 27. It would make more sense with 23,33,23.

Bottom line - the issues that this thread adresses, the crises in Europe, and Spain and Italy on the ropes - is real. The technical analysis of the financial markets suggests that the problems are NOT solved - although someone HAS thrown a bucket of water over the fire to try and cool things down. The reason for providing the three above charts is to try to attempt to give insight to the psychology behind the scenes at important turning points in the financials.

I couldn't agree more. Although I see this as a global crisis not just a European one. The credibility of the US dollar as the world's default currency is also under serious scrutiny. The politicians are tinkering with the cogs in the machine but noone seems to be considering the possibility that the whole machine needs replaced. What we really need here is a bold visionary approach in the face of this crisis. It seems to be completely lacking in politicians like Merkel who looks an efficient bureacrat but not a person able to think outside the box. Moreover, politicians like Merkel and Sarkozy are heavily curtailed by popular opinion. Sarkozy is facing national and Presidential elections in just 6 months and Merkel has had several set backs in regional polls with the unpopularity of the Greek bail out.

If the world leaders do not voluntarily embrace a fundamental restructuring I think the markets will start to panic so that another financial crash will compel this. My view is that the whole International financial system is on the verge of fundamental change over the next few years. Its not just about Greece or even the Euro crisis.

In historical terms I think we on the cusp of a radical change in financial systems similar to the world's adoption of the Bretton Woods system after WWII or the coming off the Gold standard in the inter-war years.

http://en.wikipedia.org/wiki/Bretton_Woods_system

http://en.wikipedia.org/wiki/Gold_stand ... d_standard

The idea of a return to a gold standard has also been gaining more attention in many quarters. Indeed as the financial crisis deepens it seems possible a Republican candidate may run on this policy at the US Presidential elections next year. A return to the gold standard particularly appeals to fiscal conservatives who wish to see government public spending restricted by hard gold reserves rather than subsidising spending on treasury bonds.
Facts:
US public debt now amounts to $14.94 trillion
US gold reserves: $522.16 billion. Largest in the world.

http://www.telegraph.co.uk/finance/comm ... avels.html

http://www.ibtimes.com/articles/234990/ ... idates.htm

http://www.bbc.co.uk/news/business-13156756

Just a pity for Brits that our previous Prime Minister sold off half of the entire UK gold reserves at rock bottom prices a few years back.

http://www.telegraph.co.uk/finance/pers ... -told.html

Mark

Yesterday's agreement between EU top-leaders headed by Germany's Prime Minister Angela Merkel and France's President Nicolas Sarkozy, which - among other things implied reducing the national debt of Greece by 50% and banks taking 50% of the loss, came at the time of the New Moon in the degree of the Moon's fall 3 Scorpio 03' in opposition to Jupiter at 5 Taurus 35'. The opposition is beyond the 2 degree orb, but the aspect is applying and still a warning of impending financial difficulties and not to borrow or to lend money.

However, markets rally on relief today October 27. and it is possible that the mediation of Pluto at 5 Capricorn 18' shows some relief and solution to processing the capital conflict. However, the trine-aspect between Jupiter and Pluto, which is applying due to Jupiter's retrogradation, is cast through signs of short ascension - so short time happiness may still lead to carelessness and new troubles.

At present I am keen to see whether this rally will peek today or last through to the morrow, being a Friday, and implying a 23,33,24 which is practically in agreement with the 23,33,23 day movement that was 0.618 of the previous bearmarket that lasted 126 days. The option is that the market moves beyond this point, which may suggest a rally to test the tops set earlier in April this year.

I am sorry the British PM sold out all your Gold, Mark.

Hello Andrew,

You will have to excuse me for being totally obtuse on this point but I fail to follow the logic of what you are discussing here. I have clearly missed a crucial step in the process you are following.

You were previously discussing a sequence of 23, 33 and 13 days. Now you are discussing a 23,33,23 day movement.

I follow the original bear market lasted 126 days. However, where do you get this tripartite division of days from? Why do you think it is astrologically significant? I have re-read your earlier posts but I confess I am still confused both how you have worked this out and why you believe it has any significance. Is this numerology, harmonics or based on planetary transit times?

Mark

Sorry, Mark. My fault. I am refering to the 'law of nature', fibanacci relationships, and I am working in approximates. In a 3-wave or 5-wave structure two of the impulse wave tend to be of almost equal size or equal duration. That is why a 23,33,23 or 24 day movement made more sense than 23,33,13, even though the figures looked nice. Whether the total is a correction of 79 or 80 days, this is still approximately 0.618 of the previous motion of 126 days. So the entire movement from top, including correction, would be 126+80 days, which equals 206 days and THIS is significantly close to 7 synodic revolutions of the Moon.

In terms of the synodic revolution of the Moon;
29,53 x 1,618 =48 days
29,53 x 1,618 x 1,618 = 77 days
29,53 x 1,618 x 1,618 x 1,618 = 125 days
29,53 x 1,618 x 1,618 x 1,618 x 1,618 = 202 days

or working the other way from the 7 synodic revolutions of the Moon;
207 x 0,618 = 128 days
128 x 0,618 = 79 days
79 x 0,618 = 49 days
49 x 0,618 = 30 days

Please excuse my hasty maths. It is not perfect!

Hi Andrew,

Thanks for elaborating. I had noticed the odd oblique references to the term 'fibonacci relationships' in a few of your previous posts but I dont recall you ever outlining what you meant.

It does seem that such mathematical concepts are used by those attempting to map the trends in financial markets. However, I am not sure how widespread this knowledge is in the astrological community apart from specialists in financial astrology. I do think a concept like this needs more explanation. Indeed it undoubtably deserves a thread of its own for starters!

I have been scouring the internet trying to find out more information on this.

Firstly, its worth pointing out Fibonacci was a medieval Italian mathematician.

http://en.wikipedia.org/wiki/Fibonacci

Secondly, general information on Fibonacci number sequences:

http://www.futures-investor.co.uk/fibon ... quence.htm

Thirdly applying fibonacci mathematical techniques to map trends in markets:

http://www.greatdreams.com/grace/170/177gann.html

The 'wave' terminology applied to number sequences and markets Andrew has used seems to derive more from modern thinkers such as Elliot and W.D. Gann.

http://www.futures-investor.co.uk/techn ... tterns.htm

http://www.futures-investor.co.uk/ellio ... ntro_1.htm

Not having tried any of these techniques and being something of a mathematical retard I remain an agnostic on all this for now. Terms like 'fibonacci number sequences' and 'Elliot waves' certainly have a lovely mystical ring to them though.

It would be most interesting to hear from anyone who has actually applied these techniques to markets and found them working in combination with astrological cycles. Then again maybe those people prefer to keep the secrets to themselves and accrue a small personal fortune!

I haven't read any of the books of W.D. Gann although I understand they focus on such cycles and mathematical relationships in market trends.

http://en.wikipedia.org/wiki/William_Delbert_Gann


BTW here is a fibonacci online calculator from the Magi Society website:

http://www.stockmarketcompass.com/

The site also discusses the relationship between planetary motion periods and fibonacci sequence numbers.

Mark