Astrology Explored

October 2, 2008

In the Stock Market Crash of 1929, the market lost 89% of its value at its final slide. It took decades for it to recover, with the country suffering along with the rest of the world an economic depression that marked our grandparents and great grandparents for the rest of their lives with the memory of want and financial struggle. With the sub-prime mortgage crisis begging for a 800 billion bail-out by the government many of us wonder if we are heading into the same bad economic situation of 79 years ago.
From Wikipedia:

In the days leading up to Black Tuesday, the market was severely unstable. Periods of selling and high volumes of trading were interspersed with brief periods of rising prices and recovery. Economist and author Jude Wanniski later correlated these swings with the prospects for passage of the Smoot-Hawley Tariff Act, which was then being debated in Congress.[4] After the crash, the Dow Jones Industrial Average (DJIA) recovered early in 1930, only to reverse again, reaching a low point of the great bear market in 1932. The Dow did not return to pre-1929 levels until late 1954,[5] and was lower at its July 8, 1932 level than it had been since the 1800s.[6]

The Smoot-Hawley Tariff Act (sometimes known as the Hawley-Smoot Tariff Act)[1] was an act signed into law on June 17, 1930, that raised U.S. tariffs on over 20,000 imported goods to record levels. In the United States 1,028 economists signed a petition against this legislation, and after it was passed, many countries retaliated with their own increased tariffs on U.S. goods, and American exports and imports plunged by more than half. In the opinion of most economists, the Smoot-Hawley act was partially responsible for the severity of the Great Depression.[2][3]

At the time the Tariff Act was enacted, the United States had a surplus of domestically produced goods created by the Industrial Revolution. In trying to control the economy, the government strangled it. At the period just before the Stock Market crash, Congress was debating this bill, which was unpopular among economists. Over a thousand economists signed a petition against it.

Now the United States government seeks to control the economy by means of another bill, one with dubious merits. Congress has voted down this version of the bill, but the Senate passed another version, one that totals 800 billions in financial relief to lenders and tax credits aimed at the crunched middle class.

Astrology tells us that regular, repeating cycles should produce the same results. Can we look at the Stock Market Crash of 1929 and see similarities in the current transits?

As a measuring stick we are using the Dow, though some financial astrologers use other charts. I’ve used the Dow here, because it makes interesting connections to the initial day of the 1929 Crash. Barbara Koval writes in her book, Time and Money, that when Saturn and Jupiter reach middle degrees of a sign, a correction happens in the stock market. Here we see that in the 1929 Crash Jupiter sits at 15 degrees of Gemini, sitting on top of the Pluto, Neptune,Mercury,Venus and Sun collection of the Dow’s planets high in the chart, in the full gaze of the public. Mercury by transit is in challenge aspect as well. Note as well the planet of action, Mars, by transit is stirring up the Dow’s Saturn, Moon, Uranus conjunction. This conjunction is in stress aspect (inconjunct) the tenth house collection of planets. Here we see the symbolism or speculative communications transforming the worth of the Dow. With Mars, known as the planet of troubles, it is not in a good way.

Fast forward to the present day, where the Dow has last a little under 20% of its worth in the past few days. We see, strikingly, that Saturn is at 15 degrees of Virgo, challenging the collection of planets at the top of the Dow’s chart again and sextiling the Moon, Uranus, Saturn collection of planets in the fourth house. Mercury, representing the instruments of trade, cash, bonds and stocks is in Libra as it was in the 1929 crash. Transiting Venus is in Scorpio, with transiting Mars preparing to join it. Transiting Jupiter is at 13 degrees of Capricorn, stressing the planets at the top of Dow’s chart even further. Energetic patterns similar to the 1929 Crash are in play.

Anyway you slice it, the market is not going to rebound any time soon. It is entirely possible the Dow will see further losses before this cycle is complete. But this astrologer doubts we’ll see the hardships of the 1929 Crash, though we will all be feeling the effects of the tightened money supply. Why?

In the 1929 Crash, Saturn was opposing the Mercury of the Dow in a tight orb. This clearly was reflected in the deflation of the money supply. However, this time around, Pluto, while still in orb of an opposition of the Dow’s Mercury and is moving away from it. In the near future, (October 5th) there will be speculation and profit taking. Speculators will fuel a sell-out and a quick buy up. It will look scarier than it is, and probably will spark the House to make a decision on the Senate’s Bailout Plan. What we can expect is that around Christmas time, a plan will be in place that puts unprecedented controls on the banks and the money supply that may stabilize the markets, but have the banks chaffing under the control.

We aren’t going to crash, but like an addict will go through some hard times detoxing from our addiction to a fake money supply.

Of course if anyone else has an opinion, please fire away!

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