Financial / stock market this week – Feb 25
Markets saw a panic selling on Friday. But the big stories were in commodities. Crude Oil made a slightly higher new all-time high at 101.32 on Wednesday. Gold also made a new all-time high last week, on Thursday, at 957.10. Silver soared above 1800 for the first time in 27 years.
We are now coming into a potentially very interesting geocosmic period. An important geocosmic period commences now, February 24 through March 7, when the Sun forms an opposition to Saturn and end with a conjunction to Uranus. The Sun is translating the Saturn-Uranus opposition of later this year, and hence February 25-March 7 may offer a glimpse of what to expect from November 2008 through July 2010 when that Saturn-Uranus opposition is in effect.
On March 4, heliocentric Mercury will also enter Sagittarius through March 17. This is a period that has a very high correlation to sharp price swings in many markets, especially precious metals and currencies.
In conclusion, Sun and Mercury will decide direction of the market. Most of the planets are in forward direction. Mars will move into Cancer on March 4 and it also indicates the clarity of thought about market direction. Gold price swing need to seen near March 4.
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