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To: Les H who wrote (7629)	6/1/2003 2:06:01 PM
From: Les H	Read Replies (1) \| Respond to of 29595

Amanita Newsletter -- 5/28/03 -- amanita.at forums.delphiforums.com The last article about Saturn and the Galactic Center was received very well and lead to several requests, so I decided to complete the topic with a discussion of the long-term implications of this signature. When you haven't read the previous article please read it now or you possibly don't understand this article. For your own research: an ephemeris of the Galactic Center can be found on horary.com Saturn and the Galactic Center: Astronomic data: distance from sun: 1.5 billion km; diameter: 120.000 km; period of revolution: 29.45 years. Saturn is the 6th planet of our solar system and the last one of the visible planets, its unique feature is the ring system. In (classic) astrology Saturn is the "greater malefic" because it represents the lessons we have to learn and the problems we have to master. His bad reputation is understandable because under its influence a reality check is necessary and quite often inescapably, and since reality not always matches our hopes, opinion, expectations, or wishes we are disappointed. Saturn has no creating power itself and reduces everything to its core. In the business and financial context it stands for the principle of scarcity and restrained resources and thus explains the need for economic rationality. More specific, it indicates recessions (or even depressions), deflation and bear markets (with a few exceptions). Historically, the angles 0° (conjunction) and 180° (opposition; now) with the Galactic Center are of paramount signficance. The aspect (app. every 15 years) is exact either one or three times, depending on the retrograde period. These are the exact aspects of the past 100 years with a description of the surrounding political and economic events: 7/23/1914 (opposition 180°): On this day Austria-Hungary issued an ultimatum to Serbia and on 7/28 it declared war which is considered the start of World War I. -------- 10/29/1929 (conjunction 0°): From 10/24-30/1929 the Dow Jones crashed 30% which started the great depression. -------- 5/20/1944 (opposition 180°): On 7/22/1944 Bretton Woods was signed setting the structure of the post World War II financial system -------- 1958 (conjunction 0°): nothing spectecular -------- 7/3/1973 (opposition 180°): On 10/6/1973 the Yom Kippur war began, causing the most severe economic crisis since WW II: -------- 1/12/1988 (conjunction 0°): Crash stock markets in October 1987. In this case, Uranus already passed over the Galactic Center in spring 1987, and because the slower planet (the revolution period of Uranus is 84 years) overrides the faster planet, the crash was already triggered earlier: -------- May 2003 (opposition 180°) Saturn in Cancer -- It seems that the key events can either expected within days of the exact aspect or in the 2-3 months thereafter (the astrological "orbis" concept), while the economic or political crisis unfolds in the subsequent 1-2 years when Saturn has moved into the sign Cancer or Capricorn, as depicted by this chart. The 4 crucial political and/or economic hardships in the past 100 years were indicated three times by Saturn in Cancer and once by Saturn in Capricorn: 1914-1917: World War I (Cancer) 1929-1932: Great Depression (Capricorn) 1944-1946: World War II, destruction climax, atomic bombs over Japan 1973-1974: Middle East War, Oil Crisis (Cancer) 2003-2005: ? (Cancer) The reason why it's just the sign Cancer (and partly the opposite sign Capricorn) that has so negative implications is that the leading nation on the planet, the USA, has a strong Cancer emphasis (official birthday: July 4, 1776; and "accidentally" also US president George W. Bush born on July 6, 1946). Saturn enters the sign Cancer on June 3-4, 2003 (depending on the time zone). An Elliott Wave Perspective: The public consensus seems to assume that the equitites have already finished the bear market and if at all, there will be only marginal new lows. I am of the contrary opinion that we haven't seen anything yet and that the real bear market starts this summer. I also work with Elliott Waves (for an introduction into Elliott wave theory please read EWI) but mostly not in the traditional sense because it's too weak; e.g. with several exceptions I don't count the internal moves of corrections and I accept that an impulsive wave may as well start with corrective patterns, only the center of an impulse (wave 3) should have clean text-book patterns. You also need much more than just price to arrive at a reasonably reliable wave count. I count the stock markets as a wave A from the all-time high in early 2000 until the 9/21/01 bottom, since 9/21/01 a wave B (i.e. a consolidation within a very strong downtrend), and soon the wave C will that should take the market lower than almost anyone can imagine. Typically at wave B tops we do have an amazing bullish complacency, and that's what the current sentiment indicators are confirming. And btw, the 4-year cycle did not bottom in October 2000 but it rather will extend by a lot this time, up to 6 years. One way to judge sentiment is to look at the charts of the bubble stocks in the late 90ies. They seem to have formed a secondary bubble, a good example is Yahoo currently valued at an absurd price-earnings ratio of 121.