Stocks have declined moderately in past three trading sessions

[Guest guest]

Dear list members,

 

The stock market has been having a tougher time these days with a

whiff of more adverse developments in the air. This is consistent with

the major planets being in adverse combinations involving natal L2

Sun, but also with L3 Mercury and L2 Sun transiting H8. While it is

hard to predict the stock market on a daily basis, the trend should be

down in coming weeks and months.

 

Best wishes,

 

Thor

 

U.S. Stocks Decline for a 3rd Day; Financials Lead the Retreat

By Nick Baker

 

Feb. 23 (Bloomberg) -- U.S. stocks declined for a third day, buffeted

by the biggest drop in financial companies in a month, on concern the

fallout from mortgage defaults among the riskiest borrowers may spread.

 

Countrywide Financial Corp. and Lehman Brothers Holdings Inc. led the

retreat, which pushed the Standard & Poor's 500 Index down by the most

in two weeks. THE INDUSTRY HAS ALSO COME UNDER PRESSURE AS OPTIMISM

THAT THE FEDERAL RESERVE WILL REDUCE INTEREST RATES IN THE FIRST HALF

OF THE YEAR FADES.

 

``There's going to be some splatter based on the fact that every

financial company seems to have some exposure to this area,'' said

David Herro, chief investment officer of international equities at

Harris Associates LP, which manages $70 billion in Chicago.

 

Airlines retreated as crude oil reached a three-month high. Circuit

City Stores Inc. tumbled the most in the S & P 500 as the nation's

second-largest electronics retailer said its chief financial officer

resigned.

 

The S & P 500 lost 4.18, or 0.3 percent, to 1452.20 at 11:57 a.m. in New

York. The Dow Jones Industrial Average slipped 29.64, or 0.2 percent,

to 12,656.38. The Nasdaq Composite Index, which gets 41 percent of its

value from computer shares, declined 6.99, or 0.3 percent, to 2517.95.

 

Stocks dropped yesterday, sending the Dow average to its steepest

retreat in almost two weeks. J.C. Penney Co. and Toll Brothers Inc.

lowered their earnings forecast, pushing down retailers and homebuilders.

 

Weekly Scorecard

 

This week, the S & P 500 is down 0.2 percent, the Dow has slipped 0.89

percent, while the Nasdaq has advanced 0.9 percent.

 

A rally in shares of Lowe's Cos., the world's second-largest

home-improvement retailer, helped keep the market from falling

further. The company's profit fell less than analysts anticipated and

Lowe's said the housing market may pick up this year.

 

About 12 stocks dropped for every five that rose on the New York Stock

Exchange. Some 557 million shares changed hands on the Big Board, 1.1

percent less than the same period a week ago.

 

Financial shares slid 1.3 percent as a group, the steepest loss since

Jan. 25.

 

Defaults on subprime mortgages have been rising nationwide as weaker

home prices and higher interest rates made it harder for borrowers to

repay. HSBC Holdings Plc, Europe's biggest bank, and New Century

Financial Corp., the second-largest U.S. subprime lender, this month

said profits may suffer as more loans go sour.

 

`Obvious Problems'

``The obvious problems with subprime mortgages and the lessening

expectations of a Fed rate cut'' are pushing financial shares lower,

said Alan Kral, who oversees $750 million as managing director at

Trevor Stewart Burton & Jacobsen in New York.

 

Countrywide was the S & P 500 financial gauge's worst performer today,

sinking $1.52, or 3.8 percent, to $38.62. Shares of the nation's

biggest mortgage lender are down 11 percent in February.

 

Lehman Brothers slumped $2.02 to $80.01. Signs that companies in the

subprime-loan industry may go under added to the concern. ResMae

Mortgage Corp., which made home loans to people with bad credit, went

bankrupt on Feb. 13 and will be auctioned off next week.

 

Homebuilders also dropped. Those in S & P indexes lost 1.7 percent,

falling for the third day. D.R. Horton Inc., the largest U.S. builder

by market value, decreased 32 cents to $27.

[Guest guest]

Dear Thor,

 

Thanks.

 

On Me...

The weakness of Mercury, general significator for markets, staying longer in

afflicted H8 until April 6 with it's lord afflicted, afflicting, and

frequently weak, gives even greater concern.

 

 

Best regards,

 

Vyas Munidas

 

 

-

" cosmologer " <cosmologer

<SAMVA >

Friday, February 23, 2007 12:37 PM

Stocks have declined moderately in past three trading

sessions

 

 

Dear list members,

 

The stock market has been having a tougher time these days with a

whiff of more adverse developments in the air. This is consistent with

the major planets being in adverse combinations involving natal L2

Sun, but also with L3 Mercury and L2 Sun transiting H8. While it is

hard to predict the stock market on a daily basis, the trend should be

down in coming weeks and months.

 

Best wishes,

 

Thor

 

U.S. Stocks Decline for a 3rd Day; Financials Lead the Retreat

By Nick Baker

 

Feb. 23 (Bloomberg) -- U.S. stocks declined for a third day, buffeted

by the biggest drop in financial companies in a month, on concern the

fallout from mortgage defaults among the riskiest borrowers may spread.

 

Countrywide Financial Corp. and Lehman Brothers Holdings Inc. led the

retreat, which pushed the Standard & Poor's 500 Index down by the most

in two weeks. THE INDUSTRY HAS ALSO COME UNDER PRESSURE AS OPTIMISM

THAT THE FEDERAL RESERVE WILL REDUCE INTEREST RATES IN THE FIRST HALF

OF THE YEAR FADES.

 

``There's going to be some splatter based on the fact that every

financial company seems to have some exposure to this area,'' said

David Herro, chief investment officer of international equities at

Harris Associates LP, which manages $70 billion in Chicago.

 

Airlines retreated as crude oil reached a three-month high. Circuit

City Stores Inc. tumbled the most in the S & P 500 as the nation's

second-largest electronics retailer said its chief financial officer

resigned.

 

The S & P 500 lost 4.18, or 0.3 percent, to 1452.20 at 11:57 a.m. in New

York. The Dow Jones Industrial Average slipped 29.64, or 0.2 percent,

to 12,656.38. The Nasdaq Composite Index, which gets 41 percent of its

value from computer shares, declined 6.99, or 0.3 percent, to 2517.95.

 

Stocks dropped yesterday, sending the Dow average to its steepest

retreat in almost two weeks. J.C. Penney Co. and Toll Brothers Inc.

lowered their earnings forecast, pushing down retailers and homebuilders.

 

Weekly Scorecard

 

This week, the S & P 500 is down 0.2 percent, the Dow has slipped 0.89

percent, while the Nasdaq has advanced 0.9 percent.

 

A rally in shares of Lowe's Cos., the world's second-largest

home-improvement retailer, helped keep the market from falling

further. The company's profit fell less than analysts anticipated and

Lowe's said the housing market may pick up this year.

 

About 12 stocks dropped for every five that rose on the New York Stock

Exchange. Some 557 million shares changed hands on the Big Board, 1.1

percent less than the same period a week ago.

 

Financial shares slid 1.3 percent as a group, the steepest loss since

Jan. 25.

 

Defaults on subprime mortgages have been rising nationwide as weaker

home prices and higher interest rates made it harder for borrowers to

repay. HSBC Holdings Plc, Europe's biggest bank, and New Century

Financial Corp., the second-largest U.S. subprime lender, this month

said profits may suffer as more loans go sour.

 

`Obvious Problems'

``The obvious problems with subprime mortgages and the lessening

expectations of a Fed rate cut'' are pushing financial shares lower,

said Alan Kral, who oversees $750 million as managing director at

Trevor Stewart Burton & Jacobsen in New York.

 

Countrywide was the S & P 500 financial gauge's worst performer today,

sinking $1.52, or 3.8 percent, to $38.62. Shares of the nation's

biggest mortgage lender are down 11 percent in February.

 

Lehman Brothers slumped $2.02 to $80.01. Signs that companies in the

subprime-loan industry may go under added to the concern. ResMae

Mortgage Corp., which made home loans to people with bad credit, went

bankrupt on Feb. 13 and will be auctioned off next week.

 

Homebuilders also dropped. Those in S & P indexes lost 1.7 percent,

falling for the third day. D.R. Horton Inc., the largest U.S. builder

by market value, decreased 32 cents to $27.

[Guest guest]

Dear Vyas,Thanks for drawing out the special role of Mercury as karaka or general significator for commerce, including the stock market. With regard to that, let me quote from page 101 in the 3rd ed. of the Systems' Approach for Interpreting Horoscopes:"The strength of karakas is of secondary importance to the lord of the house or lord of the ascendant of the concerned divisional chart if a moolatrikona sign exists in a particular house in the rasi chart."In the SAMVA USA chart it is the lord of the second house of wealth, the Sun, that is ofspecial importance with regard to the value of wealth. The Sun is placed in the seventh house suggesting that the US develops assets in the following fields. On page 207 of the same book it says "The seventh house rules with cabinet and internal affairs, pleasure and amusement resorts, tourism, bond of relationships amongst masses and business establishments, foreign affairs and agreements." One indication of this is the spread of multinational companies to the far corners of the globe. However, as Saturn as eighth lord natally afflicts the Sun, there are obstacles and endings involved. There may also be some easy gains for the wealth, also as Saturn is natally placed in the fifth house of speculation.In the Hora chart, the sign Leo rises with Sun and Saturn placed in this sign. This means that during periods of Sun and Saturn, the conditions are more favoured for the wealth.Of secondary importance are the rulers of the moolatrikona signs of Virgo in the third house and Libra in the fourth house for the development of the wealth, and thus the stock market. Mercury as third lord is placed in the seventh house, slightly combust the Sun. Mercury rules "strategists, advisors to head of state and intellectuals," while the third house "rules with the communication of the Government with the public, means of communications in the country including transport, media, telecommunications and information technology. It governs the authors, philosophers, philosophical thought, literature and literary persons, education and infrastructural facilities in the country besides governing democracy and peace talks." We also know the third house rules initiative and courage, both important for the new business development. Mercury thus plays a special role with regard to the stock market in theSAMVA USA chart. As third lord of enterprise and new businessinitiative, transportation and communication, as well as analysis andhigh technology areas, it is more strongly linked to share prices ofcompanies characterized by that, such as the Nasdaq market or the DowJone Transportation Average.Venus is placed in the sixth house, giving problems with regard to fixed assets and communal harmony. In Mundane SA Venus rules "Resources, hotels, women folk, cinema industry, arts and leisure industry," while the fourth house has to do with "the nation's natural resources, agriculture, mines, minerals, landed properties, peace, general and political stability, natural calamities, educational institutions, law and order, housing and communal harmony." Venus is placed in the sixth house of "public amity, relations with neighbors, general health of the public, political stability, financial solvency of the nation, litigations, judicial functioning, communal harmony in the country and labour relations." This suggests problems of the nature of the sixth house with regard to the general and functional significations carried by Venus. Moreover, as Ketu afflicts the fourth house and it rules "Natural calamities, violent actions or events" this can be further making the life difficult with regard to the functional indications of the fourth house.There are two other houses of importance, the eleventh house and fifth house. With the chart lord, Moon, strongly placed in the eleventh house, the nation places an importance on "Income, gains and future plans". This placement is also important for "the reputation, valor and [the countries] position in the world." The fifth house rules "intellectuals, emotional stability, communal harmony, speculative nature of the people, investments, stock exchange, children, population, universities, morals and values of the people." This house contains Jupiter as sixth lord of conflict, Mars lord of the tenth house of foreign trade and executive power and Saturn as lord of eighth house of obstacles, endings and easy gains. There is therefore also considerable importance placed on speculative and creative activity. Even more so, as Jupiter and Mars are in mutual opposition aspect to the Moon, increasing the connection between these two fields of activity.So, Americans would have a vibrant business culture involving the placements of the Sun and Mercury, both establishing themselves abroad and attracting business to their shores. The stock market would be the beneficiary and it would be expected to rise over time. The people would place an importance on income and speculation, but would be likely to have periodic problems related to these activities, both through being combative, having temporary setbacks to the value of the wealth and then experiencing conflict over the net assets, including housing.In the SAMVA USA Chart.the transit affliction of the Sun by stationary Saturn, as ruler of the eighth house of obstacles and endings, that is expected to result in a significant influence on share prices at this time. This is especially so as Saturn natally afflicts the Sun from the fifth house. Moreover, the Saturn is afflicted in transit by Jupiter as lord of the sixth house of opposition. In conclusion the second house is of primary importance for the wealth and its progress in the stock market, but also third house and fourth house of fixed assets.As you point out, dear Vyas, the fact that Sun and Mercury are transiting the eighth house at this time is not helpful at all. That said, we should keep in mind that Sun and Mercury pass through this house every year without necessarily pulling down share prices too strongly. However, this time around there is a special factor to consider. With Rahu stationary at 22° Aquarius and the eighth house, when the Sun and Mercury pass over this point, it could lead to news that result in a setback for the stock market. The Sun passes over this point on 6-7 March and Mercury passes over it on 1-2 April.All things considered, the coming weeks and months should offer a decisive test of the SAMVA USA chart with respect to the prediction that the US will have a temporary setback to the share price developments at that time.Best wishes,ThorSAMVA , "Vyas Munidas" <muni> wrote:>> Dear Thor,> > Thanks.> > On Me...> The weakness of Mercury, general significator for markets, staying longer in > afflicted H8 until April 6 with it's lord afflicted, afflicting, and > frequently weak, gives even greater concern.> > > Best regards,> > Vyas Munidas> > > - > "cosmologer" cosmologer SAMVA > Friday, February 23, 2007 12:37 PM> Stocks have declined moderately in past three trading > sessions> > > Dear list members,> > The stock market has been having a tougher time these days with a> whiff of more adverse developments in the air. This is consistent with> the major planets being in adverse combinations involving natal L2> Sun, but also with L3 Mercury and L2 Sun transiting H8. While it is> hard to predict the stock market on a daily basis, the trend should be> down in coming weeks and months.> > Best wishes,> > Thor> > U.S. Stocks Decline for a 3rd Day; Financials Lead the Retreat> By Nick Baker> > Feb. 23 (Bloomberg) -- U.S. stocks declined for a third day, buffeted> by the biggest drop in financial companies in a month, on concern the> fallout from mortgage defaults among the riskiest borrowers may spread.> > Countrywide Financial Corp. and Lehman Brothers Holdings Inc. led the> retreat, which pushed the Standard & Poor's 500 Index down by the most> in two weeks. THE INDUSTRY HAS ALSO COME UNDER PRESSURE AS OPTIMISM> THAT THE FEDERAL RESERVE WILL REDUCE INTEREST RATES IN THE FIRST HALF> OF THE YEAR FADES.> > ``There's going to be some splatter based on the fact that every> financial company seems to have some exposure to this area,'' said> David Herro, chief investment officer of international equities at> Harris Associates LP, which manages $70 billion in Chicago.> > Airlines retreated as crude oil reached a three-month high. Circuit> City Stores Inc. tumbled the most in the S & P 500 as the nation's> second-largest electronics retailer said its chief financial officer> resigned.> > The S & P 500 lost 4.18, or 0.3 percent, to 1452.20 at 11:57 a.m. in New> York. The Dow Jones Industrial Average slipped 29.64, or 0.2 percent,> to 12,656.38. The Nasdaq Composite Index, which gets 41 percent of its> value from computer shares, declined 6.99, or 0.3 percent, to 2517.95.> > Stocks dropped yesterday, sending the Dow average to its steepest> retreat in almost two weeks. J.C. Penney Co. and Toll Brothers Inc.> lowered their earnings forecast, pushing down retailers and homebuilders.> > Weekly Scorecard> > This week, the S & P 500 is down 0.2 percent, the Dow has slipped 0.89> percent, while the Nasdaq has advanced 0.9 percent.> > A rally in shares of Lowe's Cos., the world's second-largest> home-improvement retailer, helped keep the market from falling> further. The company's profit fell less than analysts anticipated and> Lowe's said the housing market may pick up this year.> > About 12 stocks dropped for every five that rose on the New York Stock> Exchange. Some 557 million shares changed hands on the Big Board, 1.1> percent less than the same period a week ago.> > Financial shares slid 1.3 percent as a group, the steepest loss since> Jan. 25.> > Defaults on subprime mortgages have been rising nationwide as weaker> home prices and higher interest rates made it harder for borrowers to> repay. HSBC Holdings Plc, Europe's biggest bank, and New Century> Financial Corp., the second-largest U.S. subprime lender, this month> said profits may suffer as more loans go sour.> > `Obvious Problems'> ``The obvious problems with subprime mortgages and the lessening> expectations of a Fed rate cut'' are pushing financial shares lower,> said Alan Kral, who oversees $750 million as managing director at> Trevor Stewart Burton & Jacobsen in New York.> > Countrywide was the S & P 500 financial gauge's worst performer today,> sinking $1.52, or 3.8 percent, to $38.62. Shares of the nation's> biggest mortgage lender are down 11 percent in February.> > Lehman Brothers slumped $2.02 to $80.01. Signs that companies in the> subprime-loan industry may go under added to the concern. ResMae> Mortgage Corp., which made home loans to people with bad credit, went> bankrupt on Feb. 13 and will be auctioned off next week.> > Homebuilders also dropped. Those in S & P indexes lost 1.7 percent,> falling for the third day. D.R. Horton Inc., the largest U.S. builder> by market value, decreased 32 cents to $27.>

[Guest guest]

Dear Thor,

 

Thanks for your valuable analysis.

 

Regarding your second paragraph, no MTH in H5 brings a check of D5 for an

MTH ASC. In D5, we can note the strong position of Venus, LO1, placed in H2.

Going back to the rashi chart, the natal promise of Ve isn't so good and

this takes precedence. As discussed, the strength and placements of planets

in 5/11Hs gives huge interest in speculative investments and gains, driven

further by the Sun in H7. It's close to the MEP with the general

significator for markets, Me, placed there.

 

Considering the transits, there is some shor lived relief in the next few

months. Helpful is the transit of the Sun and Me (though deb) through H9,

but the transit through H10 can be troublesome as the ruler Mars will be in

afflicted H8 and both Sa and Ke closely aspect H10.

 

 

Best regards,

 

Vyas Munidas

 

 

-

" cosmologer " <cosmologer

<SAMVA >

Saturday, February 24, 2007 4:22 AM

Re: Stocks have declined moderately in past three trading

sessions

 

 

Dear Vyas,

 

Thanks for drawing out the special role of Mercury as karaka or general

significator for commerce, including the stock market. With regard to

that, let me quote from page 101 in the 3rd ed. of the Systems' Approach

for Interpreting Horoscopes:

 

" The strength of karakas is of secondary importance to the lord of the

house or lord of the ascendant of the concerned divisional chart if a

moolatrikona sign exists in a particular house in the rasi chart. "

 

In the SAMVA USA chart it is the lord of the second house of wealth,

the Sun, that is ofspecial importance with regard to the value of

wealth. The Sun is placed in the seventh house suggesting that the US

develops assets in the following fields. On page 207 of the same book it

says " The seventh house rules with cabinet and internal affairs,

pleasure and amusement resorts, tourism, bond of relationships amongst

masses and business establishments, foreign affairs and agreements. "

One indication of this is the spread of multinational companies to the

far corners of the globe. However, as Saturn as eighth lord natally

afflicts the Sun, there are obstacles and endings involved. There may

also be some easy gains for the wealth, also as Saturn is natally placed

in the fifth house of speculation.

 

In the Hora chart, the sign Leo rises with Sun and Saturn placed in this

sign. This means that during periods of Sun and Saturn, the conditions

are more favoured for the wealth.

 

Of secondary importance are the rulers of the moolatrikona signs of

Virgo in the third house and Libra in the fourth house for the

development of the wealth, and thus the stock market.

 

Mercury as third lord is placed in the seventh house, slightly combust

the Sun. Mercury rules " strategists, advisors to head of state and

intellectuals, " while the third house " rules with the communication of

the Government with the public, means of communications in the country

including transport, media, telecommunications and information

technology. It governs the authors, philosophers, philosophical thought,

literature and literary persons, education and infrastructural

facilities in the country besides governing democracy and peace talks. "

We also know the third house rules initiative and courage, both

important for the new business development. Mercury thus plays a special

role with regard to the stock market in theSAMVA USA chart. As third

lord of enterprise and new businessinitiative, transportation and

communication, as well as analysis andhigh technology areas, it is more

strongly linked to share prices ofcompanies characterized by that, such

as the Nasdaq market or the DowJone Transportation Average.

 

Venus is placed in the sixth house, giving problems with regard to fixed

assets and communal harmony. In Mundane SA Venus rules " Resources,

hotels, women folk, cinema industry, arts and leisure industry, " while

the fourth house has to do with " the nation's natural resources,

agriculture, mines, minerals, landed properties, peace, general and

political stability, natural calamities, educational institutions, law

and order, housing and communal harmony. " Venus is placed in the sixth

house of " public amity, relations with neighbors, general health of the

public, political stability, financial solvency of the nation,

litigations, judicial functioning, communal harmony in the country and

labour relations. " This suggests problems of the nature of the sixth

house with regard to the general and functional significations carried

by Venus. Moreover, as Ketu afflicts the fourth house and it rules

" Natural calamities, violent actions or events " this can be further

making the life difficult with regard to the functional indications of

the fourth house.

 

There are two other houses of importance, the eleventh house and fifth

house. With the chart lord, Moon, strongly placed in the eleventh house,

the nation places an importance on " Income, gains and future plans " .

This placement is also important for " the reputation, valor and [the

countries] position in the world. " The fifth house rules " intellectuals,

emotional stability, communal harmony, speculative nature of the people,

investments, stock exchange, children, population, universities, morals

and values of the people. " This house contains Jupiter as sixth lord of

conflict, Mars lord of the tenth house of foreign trade and executive

power and Saturn as lord of eighth house of obstacles, endings and easy

gains. There is therefore also considerable importance placed on

speculative and creative activity. Even more so, as Jupiter and Mars are

in mutual opposition aspect to the Moon, increasing the connection

between these two fields of activity.

 

So, Americans would have a vibrant business culture involving the

placements of the Sun and Mercury, both establishing themselves abroad

and attracting business to their shores. The stock market would be the

beneficiary and it would be expected to rise over time. The people would

place an importance on income and speculation, but would be likely to

have periodic problems related to these activities, both through being

combative, having temporary setbacks to the value of the wealth and

then experiencing conflict over the net assets, including housing.

 

In the SAMVA USA Chart.the transit affliction of the Sun by stationary

Saturn, as ruler of the eighth house of obstacles and endings, that is

expected to result in a significant influence on share prices at this

time. This is especially so as Saturn natally afflicts the Sun from the

fifth house. Moreover, the Saturn is afflicted in transit by Jupiter as

lord of the sixth house of opposition. In conclusion the second house is

of primary importance for the wealth and its progress in the stock

market, but also third house and fourth house of fixed assets.

 

As you point out, dear Vyas, the fact that Sun and Mercury are

transiting the eighth house at this time is not helpful at all. That

said, we should keep in mind that Sun and Mercury pass through this

house every year without necessarily pulling down share prices too

strongly. However, this time around there is a special factor to

consider. With Rahu stationary at 22° Aquarius and the eighth house,

when the Sun and Mercury pass over this point, it could lead to news

that result in a setback for the stock market. The Sun passes over this

point on 6-7 March and Mercury passes over it on 1-2 April.

 

All things considered, the coming weeks and months should offer a

decisive test of the SAMVA USA chart with respect to the prediction that

the US will have a temporary setback to the share price developments at

that time.

 

Best wishes,

 

Thor

 

 

 

SAMVA , " Vyas Munidas " <muni> wrote:

>

> Dear Thor,

>

> Thanks.

>

> On Me...

> The weakness of Mercury, general significator for markets, staying

longer in

> afflicted H8 until April 6 with it's lord afflicted, afflicting, and

> frequently weak, gives even greater concern.

>

>

> Best regards,

>

> Vyas Munidas

>

>

> -

> " cosmologer " cosmologer

> SAMVA

> Friday, February 23, 2007 12:37 PM

> Stocks have declined moderately in past three trading

> sessions

>

>

> Dear list members,

>

> The stock market has been having a tougher time these days with a

> whiff of more adverse developments in the air. This is consistent with

> the major planets being in adverse combinations involving natal L2

> Sun, but also with L3 Mercury and L2 Sun transiting H8. While it is

> hard to predict the stock market on a daily basis, the trend should be

> down in coming weeks and months.

>

> Best wishes,

>

> Thor

>

> U.S. Stocks Decline for a 3rd Day; Financials Lead the Retreat

> By Nick Baker

>

> Feb. 23 (Bloomberg) -- U.S. stocks declined for a third day, buffeted

> by the biggest drop in financial companies in a month, on concern the

> fallout from mortgage defaults among the riskiest borrowers may

spread.

>

> Countrywide Financial Corp. and Lehman Brothers Holdings Inc. led the

> retreat, which pushed the Standard & Poor's 500 Index down by the most

> in two weeks. THE INDUSTRY HAS ALSO COME UNDER PRESSURE AS OPTIMISM

> THAT THE FEDERAL RESERVE WILL REDUCE INTEREST RATES IN THE FIRST HALF

> OF THE YEAR FADES.

>

> ``There's going to be some splatter based on the fact that every

> financial company seems to have some exposure to this area,'' said

> David Herro, chief investment officer of international equities at

> Harris Associates LP, which manages $70 billion in Chicago.

>

> Airlines retreated as crude oil reached a three-month high. Circuit

> City Stores Inc. tumbled the most in the S & P 500 as the nation's

> second-largest electronics retailer said its chief financial officer

> resigned.

>

> The S & P 500 lost 4.18, or 0.3 percent, to 1452.20 at 11:57 a.m. in New

> York. The Dow Jones Industrial Average slipped 29.64, or 0.2 percent,

> to 12,656.38. The Nasdaq Composite Index, which gets 41 percent of its

> value from computer shares, declined 6.99, or 0.3 percent, to 2517.95.

>

> Stocks dropped yesterday, sending the Dow average to its steepest

> retreat in almost two weeks. J.C. Penney Co. and Toll Brothers Inc.

> lowered their earnings forecast, pushing down retailers and

homebuilders.

>

> Weekly Scorecard

>

> This week, the S & P 500 is down 0.2 percent, the Dow has slipped 0.89

> percent, while the Nasdaq has advanced 0.9 percent.

>

> A rally in shares of Lowe's Cos., the world's second-largest

> home-improvement retailer, helped keep the market from falling

> further. The company's profit fell less than analysts anticipated and

> Lowe's said the housing market may pick up this year.

>

> About 12 stocks dropped for every five that rose on the New York Stock

> Exchange. Some 557 million shares changed hands on the Big Board, 1.1

> percent less than the same period a week ago.

>

> Financial shares slid 1.3 percent as a group, the steepest loss since

> Jan. 25.

>

> Defaults on subprime mortgages have been rising nationwide as weaker

> home prices and higher interest rates made it harder for borrowers to

> repay. HSBC Holdings Plc, Europe's biggest bank, and New Century

> Financial Corp., the second-largest U.S. subprime lender, this month

> said profits may suffer as more loans go sour.

>

> `Obvious Problems'

> ``The obvious problems with subprime mortgages and the lessening

> expectations of a Fed rate cut'' are pushing financial shares lower,

> said Alan Kral, who oversees $750 million as managing director at

> Trevor Stewart Burton & Jacobsen in New York.

>

> Countrywide was the S & P 500 financial gauge's worst performer today,

> sinking $1.52, or 3.8 percent, to $38.62. Shares of the nation's

> biggest mortgage lender are down 11 percent in February.

>

> Lehman Brothers slumped $2.02 to $80.01. Signs that companies in the

> subprime-loan industry may go under added to the concern. ResMae

> Mortgage Corp., which made home loans to people with bad credit, went

> bankrupt on Feb. 13 and will be auctioned off next week.

>

> Homebuilders also dropped. Those in S & P indexes lost 1.7 percent,

> falling for the third day. D.R. Horton Inc., the largest U.S. builder

> by market value, decreased 32 cents to $27.

>

[Guest guest]

Dear Vyas,

 

The analytical points raised by you are correct.

 

For the purposes of establishing an authentic chart it is sufficient

to understand the major afflicting aspects and what type of events

they are likely to bring. I am not sure the extent to which the

transit of the Sun will contribute or moderate the impact of the major

affliction to its natal placement by transit Saturn. It seems to be

that it is likely to give some additional influence, but not shape the

events produced by the more slow moving aspects.

 

It will be interesting to see how the events in coming weeks unfold

with a view to all this analysis.

 

Best wishes,

 

Thor

 

 

 

 

SAMVA , " Vyas Munidas " <muni> wrote:

>

> Dear Thor,

>

> Thanks for your valuable analysis.

>

> Regarding your second paragraph, no MTH in H5 brings a check of D5

for an

> MTH ASC. In D5, we can note the strong position of Venus, LO1,

placed in H2.

> Going back to the rashi chart, the natal promise of Ve isn't so good

and

> this takes precedence. As discussed, the strength and placements of

planets

> in 5/11Hs gives huge interest in speculative investments and gains,

driven

> further by the Sun in H7. It's close to the MEP with the general

> significator for markets, Me, placed there.

>

> Considering the transits, there is some shor lived relief in the

next few

> months. Helpful is the transit of the Sun and Me (though deb)

through H9,

> but the transit through H10 can be troublesome as the ruler Mars

will be in

> afflicted H8 and both Sa and Ke closely aspect H10.

>

>

> Best regards,

>

> Vyas Munidas

>

>

> -

> " cosmologer " <cosmologer

> <SAMVA >

> Saturday, February 24, 2007 4:22 AM

> Re: Stocks have declined moderately in past three

trading

> sessions

>

>

> Dear Vyas,

>

> Thanks for drawing out the special role of Mercury as karaka or general

> significator for commerce, including the stock market. With regard to

> that, let me quote from page 101 in the 3rd ed. of the Systems' Approach

> for Interpreting Horoscopes:

>

> " The strength of karakas is of secondary importance to the lord of the

> house or lord of the ascendant of the concerned divisional chart if a

> moolatrikona sign exists in a particular house in the rasi chart. "

>

> In the SAMVA USA chart it is the lord of the second house of wealth,

> the Sun, that is ofspecial importance with regard to the value of

> wealth. The Sun is placed in the seventh house suggesting that the US

> develops assets in the following fields. On page 207 of the same book it

> says " The seventh house rules with cabinet and internal affairs,

> pleasure and amusement resorts, tourism, bond of relationships amongst

> masses and business establishments, foreign affairs and agreements. "

> One indication of this is the spread of multinational companies to the

> far corners of the globe. However, as Saturn as eighth lord natally

> afflicts the Sun, there are obstacles and endings involved. There may

> also be some easy gains for the wealth, also as Saturn is natally placed

> in the fifth house of speculation.

>

> In the Hora chart, the sign Leo rises with Sun and Saturn placed in this

> sign. This means that during periods of Sun and Saturn, the conditions

> are more favoured for the wealth.

>

> Of secondary importance are the rulers of the moolatrikona signs of

> Virgo in the third house and Libra in the fourth house for the

> development of the wealth, and thus the stock market.

>

> Mercury as third lord is placed in the seventh house, slightly combust

> the Sun. Mercury rules " strategists, advisors to head of state and

> intellectuals, " while the third house " rules with the communication of

> the Government with the public, means of communications in the country

> including transport, media, telecommunications and information

> technology. It governs the authors, philosophers, philosophical thought,

> literature and literary persons, education and infrastructural

> facilities in the country besides governing democracy and peace talks. "

> We also know the third house rules initiative and courage, both

> important for the new business development. Mercury thus plays a special

> role with regard to the stock market in theSAMVA USA chart. As third

> lord of enterprise and new businessinitiative, transportation and

> communication, as well as analysis andhigh technology areas, it is more

> strongly linked to share prices ofcompanies characterized by that, such

> as the Nasdaq market or the DowJone Transportation Average.

>

> Venus is placed in the sixth house, giving problems with regard to fixed

> assets and communal harmony. In Mundane SA Venus rules " Resources,

> hotels, women folk, cinema industry, arts and leisure industry, " while

> the fourth house has to do with " the nation's natural resources,

> agriculture, mines, minerals, landed properties, peace, general and

> political stability, natural calamities, educational institutions, law

> and order, housing and communal harmony. " Venus is placed in the sixth

> house of " public amity, relations with neighbors, general health of the

> public, political stability, financial solvency of the nation,

> litigations, judicial functioning, communal harmony in the country and

> labour relations. " This suggests problems of the nature of the sixth

> house with regard to the general and functional significations carried

> by Venus. Moreover, as Ketu afflicts the fourth house and it rules

> " Natural calamities, violent actions or events " this can be further

> making the life difficult with regard to the functional indications of

> the fourth house.

>

> There are two other houses of importance, the eleventh house and fifth

> house. With the chart lord, Moon, strongly placed in the eleventh house,

> the nation places an importance on " Income, gains and future plans " .

> This placement is also important for " the reputation, valor and [the

> countries] position in the world. " The fifth house rules " intellectuals,

> emotional stability, communal harmony, speculative nature of the people,

> investments, stock exchange, children, population, universities, morals

> and values of the people. " This house contains Jupiter as sixth lord of

> conflict, Mars lord of the tenth house of foreign trade and executive

> power and Saturn as lord of eighth house of obstacles, endings and easy

> gains. There is therefore also considerable importance placed on

> speculative and creative activity. Even more so, as Jupiter and Mars are

> in mutual opposition aspect to the Moon, increasing the connection

> between these two fields of activity.

>

> So, Americans would have a vibrant business culture involving the

> placements of the Sun and Mercury, both establishing themselves abroad

> and attracting business to their shores. The stock market would be the

> beneficiary and it would be expected to rise over time. The people would

> place an importance on income and speculation, but would be likely to

> have periodic problems related to these activities, both through being

> combative, having temporary setbacks to the value of the wealth and

> then experiencing conflict over the net assets, including housing.

>

> In the SAMVA USA Chart.the transit affliction of the Sun by stationary

> Saturn, as ruler of the eighth house of obstacles and endings, that is

> expected to result in a significant influence on share prices at this

> time. This is especially so as Saturn natally afflicts the Sun from the

> fifth house. Moreover, the Saturn is afflicted in transit by Jupiter as

> lord of the sixth house of opposition. In conclusion the second house is

> of primary importance for the wealth and its progress in the stock

> market, but also third house and fourth house of fixed assets.

>

> As you point out, dear Vyas, the fact that Sun and Mercury are

> transiting the eighth house at this time is not helpful at all. That

> said, we should keep in mind that Sun and Mercury pass through this

> house every year without necessarily pulling down share prices too

> strongly. However, this time around there is a special factor to

> consider. With Rahu stationary at 22° Aquarius and the eighth house,

> when the Sun and Mercury pass over this point, it could lead to news

> that result in a setback for the stock market. The Sun passes over this

> point on 6-7 March and Mercury passes over it on 1-2 April.

>

> All things considered, the coming weeks and months should offer a

> decisive test of the SAMVA USA chart with respect to the prediction that

> the US will have a temporary setback to the share price developments at

> that time.

>

> Best wishes,

>

> Thor

>

>

>

> SAMVA , " Vyas Munidas " <munidas@> wrote:

> >

> > Dear Thor,

> >

> > Thanks.

> >

> > On Me...

> > The weakness of Mercury, general significator for markets, staying

> longer in

> > afflicted H8 until April 6 with it's lord afflicted, afflicting, and

> > frequently weak, gives even greater concern.

> >

> >

> > Best regards,

> >

> > Vyas Munidas

> >

> >

> > -

> > " cosmologer " cosmologer@

> > SAMVA

> > Friday, February 23, 2007 12:37 PM

> > Stocks have declined moderately in past three trading

> > sessions

> >

> >

> > Dear list members,

> >

> > The stock market has been having a tougher time these days with a

> > whiff of more adverse developments in the air. This is consistent with

> > the major planets being in adverse combinations involving natal L2

> > Sun, but also with L3 Mercury and L2 Sun transiting H8. While it is

> > hard to predict the stock market on a daily basis, the trend should be

> > down in coming weeks and months.

> >

> > Best wishes,

> >

> > Thor

> >

> > U.S. Stocks Decline for a 3rd Day; Financials Lead the Retreat

> > By Nick Baker

> >

> > Feb. 23 (Bloomberg) -- U.S. stocks declined for a third day, buffeted

> > by the biggest drop in financial companies in a month, on concern the

> > fallout from mortgage defaults among the riskiest borrowers may

> spread.

> >

> > Countrywide Financial Corp. and Lehman Brothers Holdings Inc. led the

> > retreat, which pushed the Standard & Poor's 500 Index down by the most

> > in two weeks. THE INDUSTRY HAS ALSO COME UNDER PRESSURE AS OPTIMISM

> > THAT THE FEDERAL RESERVE WILL REDUCE INTEREST RATES IN THE FIRST HALF

> > OF THE YEAR FADES.

> >

> > ``There's going to be some splatter based on the fact that every

> > financial company seems to have some exposure to this area,'' said

> > David Herro, chief investment officer of international equities at

> > Harris Associates LP, which manages $70 billion in Chicago.

> >

> > Airlines retreated as crude oil reached a three-month high. Circuit

> > City Stores Inc. tumbled the most in the S & P 500 as the nation's

> > second-largest electronics retailer said its chief financial officer

> > resigned.

> >

> > The S & P 500 lost 4.18, or 0.3 percent, to 1452.20 at 11:57 a.m. in New

> > York. The Dow Jones Industrial Average slipped 29.64, or 0.2 percent,

> > to 12,656.38. The Nasdaq Composite Index, which gets 41 percent of its

> > value from computer shares, declined 6.99, or 0.3 percent, to 2517.95.

> >

> > Stocks dropped yesterday, sending the Dow average to its steepest

> > retreat in almost two weeks. J.C. Penney Co. and Toll Brothers Inc.

> > lowered their earnings forecast, pushing down retailers and

> homebuilders.

> >

> > Weekly Scorecard

> >

> > This week, the S & P 500 is down 0.2 percent, the Dow has slipped 0.89

> > percent, while the Nasdaq has advanced 0.9 percent.

> >

> > A rally in shares of Lowe's Cos., the world's second-largest

> > home-improvement retailer, helped keep the market from falling

> > further. The company's profit fell less than analysts anticipated and

> > Lowe's said the housing market may pick up this year.

> >

> > About 12 stocks dropped for every five that rose on the New York Stock

> > Exchange. Some 557 million shares changed hands on the Big Board, 1.1

> > percent less than the same period a week ago.

> >

> > Financial shares slid 1.3 percent as a group, the steepest loss since

> > Jan. 25.

> >

> > Defaults on subprime mortgages have been rising nationwide as weaker

> > home prices and higher interest rates made it harder for borrowers to

> > repay. HSBC Holdings Plc, Europe's biggest bank, and New Century

> > Financial Corp., the second-largest U.S. subprime lender, this month

> > said profits may suffer as more loans go sour.

> >

> > `Obvious Problems'

> > ``The obvious problems with subprime mortgages and the lessening

> > expectations of a Fed rate cut'' are pushing financial shares lower,

> > said Alan Kral, who oversees $750 million as managing director at

> > Trevor Stewart Burton & Jacobsen in New York.

> >

> > Countrywide was the S & P 500 financial gauge's worst performer today,

> > sinking $1.52, or 3.8 percent, to $38.62. Shares of the nation's

> > biggest mortgage lender are down 11 percent in February.

> >

> > Lehman Brothers slumped $2.02 to $80.01. Signs that companies in the

> > subprime-loan industry may go under added to the concern. ResMae

> > Mortgage Corp., which made home loans to people with bad credit, went

> > bankrupt on Feb. 13 and will be auctioned off next week.

> >

> > Homebuilders also dropped. Those in S & P indexes lost 1.7 percent,

> > falling for the third day. D.R. Horton Inc., the largest U.S. builder

> > by market value, decreased 32 cents to $27.

> >

>

[Guest guest]

Dear Thor,

 

I fully agree. The afflictions would take precedence. Better placement can

always help the situation, somewhat.

 

 

Best regards,

 

Vyas Munidas

 

 

-

" cosmologer " <cosmologer

<SAMVA >

Saturday, February 24, 2007 1:05 PM

Re: Stocks have declined moderately in past three trading

sessions

 

 

Dear Vyas,

 

The analytical points raised by you are correct.

 

For the purposes of establishing an authentic chart it is sufficient

to understand the major afflicting aspects and what type of events

they are likely to bring. I am not sure the extent to which the

transit of the Sun will contribute or moderate the impact of the major

affliction to its natal placement by transit Saturn. It seems to be

that it is likely to give some additional influence, but not shape the

events produced by the more slow moving aspects.

 

It will be interesting to see how the events in coming weeks unfold

with a view to all this analysis.

 

Best wishes,

 

Thor

 

 

 

 

SAMVA , " Vyas Munidas " <muni> wrote:

>

> Dear Thor,

>

> Thanks for your valuable analysis.

>

> Regarding your second paragraph, no MTH in H5 brings a check of D5

for an

> MTH ASC. In D5, we can note the strong position of Venus, LO1,

placed in H2.

> Going back to the rashi chart, the natal promise of Ve isn't so good

and

> this takes precedence. As discussed, the strength and placements of

planets

> in 5/11Hs gives huge interest in speculative investments and gains,

driven

> further by the Sun in H7. It's close to the MEP with the general

> significator for markets, Me, placed there.

>

> Considering the transits, there is some shor lived relief in the

next few

> months. Helpful is the transit of the Sun and Me (though deb)

through H9,

> but the transit through H10 can be troublesome as the ruler Mars

will be in

> afflicted H8 and both Sa and Ke closely aspect H10.

>

>

> Best regards,

>

> Vyas Munidas

>

>

> -

> " cosmologer " <cosmologer

> <SAMVA >

> Saturday, February 24, 2007 4:22 AM

> Re: Stocks have declined moderately in past three

trading

> sessions

>

>

> Dear Vyas,

>

> Thanks for drawing out the special role of Mercury as karaka or general

> significator for commerce, including the stock market. With regard to

> that, let me quote from page 101 in the 3rd ed. of the Systems' Approach

> for Interpreting Horoscopes:

>

> " The strength of karakas is of secondary importance to the lord of the

> house or lord of the ascendant of the concerned divisional chart if a

> moolatrikona sign exists in a particular house in the rasi chart. "

>

> In the SAMVA USA chart it is the lord of the second house of wealth,

> the Sun, that is ofspecial importance with regard to the value of

> wealth. The Sun is placed in the seventh house suggesting that the US

> develops assets in the following fields. On page 207 of the same book it

> says " The seventh house rules with cabinet and internal affairs,

> pleasure and amusement resorts, tourism, bond of relationships amongst

> masses and business establishments, foreign affairs and agreements. "

> One indication of this is the spread of multinational companies to the

> far corners of the globe. However, as Saturn as eighth lord natally

> afflicts the Sun, there are obstacles and endings involved. There may

> also be some easy gains for the wealth, also as Saturn is natally placed

> in the fifth house of speculation.

>

> In the Hora chart, the sign Leo rises with Sun and Saturn placed in this

> sign. This means that during periods of Sun and Saturn, the conditions

> are more favoured for the wealth.

>

> Of secondary importance are the rulers of the moolatrikona signs of

> Virgo in the third house and Libra in the fourth house for the

> development of the wealth, and thus the stock market.

>

> Mercury as third lord is placed in the seventh house, slightly combust

> the Sun. Mercury rules " strategists, advisors to head of state and

> intellectuals, " while the third house " rules with the communication of

> the Government with the public, means of communications in the country

> including transport, media, telecommunications and information

> technology. It governs the authors, philosophers, philosophical thought,

> literature and literary persons, education and infrastructural

> facilities in the country besides governing democracy and peace talks. "

> We also know the third house rules initiative and courage, both

> important for the new business development. Mercury thus plays a special

> role with regard to the stock market in theSAMVA USA chart. As third

> lord of enterprise and new businessinitiative, transportation and

> communication, as well as analysis andhigh technology areas, it is more

> strongly linked to share prices ofcompanies characterized by that, such

> as the Nasdaq market or the DowJone Transportation Average.

>

> Venus is placed in the sixth house, giving problems with regard to fixed

> assets and communal harmony. In Mundane SA Venus rules " Resources,

> hotels, women folk, cinema industry, arts and leisure industry, " while

> the fourth house has to do with " the nation's natural resources,

> agriculture, mines, minerals, landed properties, peace, general and

> political stability, natural calamities, educational institutions, law

> and order, housing and communal harmony. " Venus is placed in the sixth

> house of " public amity, relations with neighbors, general health of the

> public, political stability, financial solvency of the nation,

> litigations, judicial functioning, communal harmony in the country and

> labour relations. " This suggests problems of the nature of the sixth

> house with regard to the general and functional significations carried

> by Venus. Moreover, as Ketu afflicts the fourth house and it rules

> " Natural calamities, violent actions or events " this can be further

> making the life difficult with regard to the functional indications of

> the fourth house.

>

> There are two other houses of importance, the eleventh house and fifth

> house. With the chart lord, Moon, strongly placed in the eleventh house,

> the nation places an importance on " Income, gains and future plans " .

> This placement is also important for " the reputation, valor and [the

> countries] position in the world. " The fifth house rules " intellectuals,

> emotional stability, communal harmony, speculative nature of the people,

> investments, stock exchange, children, population, universities, morals

> and values of the people. " This house contains Jupiter as sixth lord of

> conflict, Mars lord of the tenth house of foreign trade and executive

> power and Saturn as lord of eighth house of obstacles, endings and easy

> gains. There is therefore also considerable importance placed on

> speculative and creative activity. Even more so, as Jupiter and Mars are

> in mutual opposition aspect to the Moon, increasing the connection

> between these two fields of activity.

>

> So, Americans would have a vibrant business culture involving the

> placements of the Sun and Mercury, both establishing themselves abroad

> and attracting business to their shores. The stock market would be the

> beneficiary and it would be expected to rise over time. The people would

> place an importance on income and speculation, but would be likely to

> have periodic problems related to these activities, both through being

> combative, having temporary setbacks to the value of the wealth and

> then experiencing conflict over the net assets, including housing.

>

> In the SAMVA USA Chart.the transit affliction of the Sun by stationary

> Saturn, as ruler of the eighth house of obstacles and endings, that is

> expected to result in a significant influence on share prices at this

> time. This is especially so as Saturn natally afflicts the Sun from the

> fifth house. Moreover, the Saturn is afflicted in transit by Jupiter as

> lord of the sixth house of opposition. In conclusion the second house is

> of primary importance for the wealth and its progress in the stock

> market, but also third house and fourth house of fixed assets.

>

> As you point out, dear Vyas, the fact that Sun and Mercury are

> transiting the eighth house at this time is not helpful at all. That

> said, we should keep in mind that Sun and Mercury pass through this

> house every year without necessarily pulling down share prices too

> strongly. However, this time around there is a special factor to

> consider. With Rahu stationary at 22° Aquarius and the eighth house,

> when the Sun and Mercury pass over this point, it could lead to news

> that result in a setback for the stock market. The Sun passes over this

> point on 6-7 March and Mercury passes over it on 1-2 April.

>

> All things considered, the coming weeks and months should offer a

> decisive test of the SAMVA USA chart with respect to the prediction that

> the US will have a temporary setback to the share price developments at

> that time.

>

> Best wishes,

>

> Thor

>

>

>

> SAMVA , " Vyas Munidas " <munidas@> wrote:

> >

> > Dear Thor,

> >

> > Thanks.

> >

> > On Me...

> > The weakness of Mercury, general significator for markets, staying

> longer in

> > afflicted H8 until April 6 with it's lord afflicted, afflicting, and

> > frequently weak, gives even greater concern.

> >

> >

> > Best regards,

> >

> > Vyas Munidas

> >

> >

> > -

> > " cosmologer " cosmologer@

> > SAMVA

> > Friday, February 23, 2007 12:37 PM

> > Stocks have declined moderately in past three trading

> > sessions

> >

> >

> > Dear list members,

> >

> > The stock market has been having a tougher time these days with a

> > whiff of more adverse developments in the air. This is consistent with

> > the major planets being in adverse combinations involving natal L2

> > Sun, but also with L3 Mercury and L2 Sun transiting H8. While it is

> > hard to predict the stock market on a daily basis, the trend should be

> > down in coming weeks and months.

> >

> > Best wishes,

> >

> > Thor

> >

> > U.S. Stocks Decline for a 3rd Day; Financials Lead the Retreat

> > By Nick Baker

> >

> > Feb. 23 (Bloomberg) -- U.S. stocks declined for a third day, buffeted

> > by the biggest drop in financial companies in a month, on concern the

> > fallout from mortgage defaults among the riskiest borrowers may

> spread.

> >

> > Countrywide Financial Corp. and Lehman Brothers Holdings Inc. led the

> > retreat, which pushed the Standard & Poor's 500 Index down by the most

> > in two weeks. THE INDUSTRY HAS ALSO COME UNDER PRESSURE AS OPTIMISM

> > THAT THE FEDERAL RESERVE WILL REDUCE INTEREST RATES IN THE FIRST HALF

> > OF THE YEAR FADES.

> >

> > ``There's going to be some splatter based on the fact that every

> > financial company seems to have some exposure to this area,'' said

> > David Herro, chief investment officer of international equities at

> > Harris Associates LP, which manages $70 billion in Chicago.

> >

> > Airlines retreated as crude oil reached a three-month high. Circuit

> > City Stores Inc. tumbled the most in the S & P 500 as the nation's

> > second-largest electronics retailer said its chief financial officer

> > resigned.

> >

> > The S & P 500 lost 4.18, or 0.3 percent, to 1452.20 at 11:57 a.m. in New

> > York. The Dow Jones Industrial Average slipped 29.64, or 0.2 percent,

> > to 12,656.38. The Nasdaq Composite Index, which gets 41 percent of its

> > value from computer shares, declined 6.99, or 0.3 percent, to 2517.95.

> >

> > Stocks dropped yesterday, sending the Dow average to its steepest

> > retreat in almost two weeks. J.C. Penney Co. and Toll Brothers Inc.

> > lowered their earnings forecast, pushing down retailers and

> homebuilders.

> >

> > Weekly Scorecard

> >

> > This week, the S & P 500 is down 0.2 percent, the Dow has slipped 0.89

> > percent, while the Nasdaq has advanced 0.9 percent.

> >

> > A rally in shares of Lowe's Cos., the world's second-largest

> > home-improvement retailer, helped keep the market from falling

> > further. The company's profit fell less than analysts anticipated and

> > Lowe's said the housing market may pick up this year.

> >

> > About 12 stocks dropped for every five that rose on the New York Stock

> > Exchange. Some 557 million shares changed hands on the Big Board, 1.1

> > percent less than the same period a week ago.

> >

> > Financial shares slid 1.3 percent as a group, the steepest loss since

> > Jan. 25.

> >

> > Defaults on subprime mortgages have been rising nationwide as weaker

> > home prices and higher interest rates made it harder for borrowers to

> > repay. HSBC Holdings Plc, Europe's biggest bank, and New Century

> > Financial Corp., the second-largest U.S. subprime lender, this month

> > said profits may suffer as more loans go sour.

> >

> > `Obvious Problems'

> > ``The obvious problems with subprime mortgages and the lessening

> > expectations of a Fed rate cut'' are pushing financial shares lower,

> > said Alan Kral, who oversees $750 million as managing director at

> > Trevor Stewart Burton & Jacobsen in New York.

> >

> > Countrywide was the S & P 500 financial gauge's worst performer today,

> > sinking $1.52, or 3.8 percent, to $38.62. Shares of the nation's

> > biggest mortgage lender are down 11 percent in February.

> >

> > Lehman Brothers slumped $2.02 to $80.01. Signs that companies in the

> > subprime-loan industry may go under added to the concern. ResMae

> > Mortgage Corp., which made home loans to people with bad credit, went

> > bankrupt on Feb. 13 and will be auctioned off next week.

> >

> > Homebuilders also dropped. Those in S & P indexes lost 1.7 percent,

> > falling for the third day. D.R. Horton Inc., the largest U.S. builder

> > by market value, decreased 32 cents to $27.

> >

>

[Guest guest]

Dear list members,

 

Last week turned out to be the worst week in the stock market since

last August.

 

Best wishes,

 

Thor

 

Dow Average Has Worst Weekly Drop Since August; Financials Fall

 

By Michael Patterson and Eric Martin

 

Feb. 24 (Bloomberg) -- The Dow Jones Industrial Average had its

biggest weekly slide since August as rising consumer prices reduced

the odds of an interest rate cut and concern mounted that mortgage

defaults may reduce profit growth at banks.

 

Countrywide Financial Corp., Lehman Brothers Holdings Inc. and Bear

Stearns Cos. pushed a gauge of financial shares in the Standard &

Poor's 500 Index to its biggest decline in 12 weeks. Hewlett-Packard

Co. helped drag down the Dow average from a record after the world's

largest personal-computer maker said price cuts hurt profit margins.

 

The government's latest inflation report reinforced comments last week

by Federal Reserve Chairman Ben S. Bernanke that his primary concern

is fighting inflation. A rise in loan delinquencies among riskier

``subprime'' borrowers may reduce earnings at financial companies,

which account for 22 percent of the S & P 500 index's value.

 

``The subprime issue has been something a lot of people have been

concerned about, but investors for a while were just ignoring it,''

said Edward Hemmelgarn, who oversees about $400 million as president

of Shaker Investments Inc. in Cleveland. ``It tends to create a

cascading effect. The more people start to default, the more investors

become risk-averse.''

 

In a holiday-shortened week, the Dow industrials dropped 0.9 percent

to 12,647.48, the biggest weekly decline since the period ended Aug.

11. The index reached a record 12,786.64 on Feb. 20.

 

The Standard & Poor's 500 Index slipped 0.3 percent to 1451.19.

 

The Nasdaq Composite Index gained 0.8 percent to 2515.10 after mergers

lifted shares XM Satellite Radio Holdings Inc. and Whole Foods Market Inc.

 

Iran Concerns

 

Investors were also chilled by reports that Iran defied a United

Nations Security Council demand to halt its atomic work. Stocks

extended their declines on Feb. 22 as traders speculated the U.S.

might raise its terror alert. The U.S. Department of Homeland Security

said there has been no change in the threat level.

 

Consumer prices rose 0.2 percent in January, the Labor Department said

on Feb. 21. Prices excluding food and energy climbed 0.3 percent, the

most since June.

 

Economists had forecast a 0.1 percent rise in the consumer price index

and a 0.2 percent gain in the so-called core CPI, a survey by

Bloomberg News showed. After the report, interest-rate futures for

August showed traders pared their bets the Fed will cut borrowing costs.

 

The price report ``told people they probably shouldn't be jumping too

much to the conclusion that the Fed might be cutting rates,'' said

Hemmelgarn.

 

Minutes of the Federal Open Market Committee's January meeting

released this week showed policy makers discussed dropping their

inclination to raise interest rates, and then rejected the idea

because inflation remained the ``predominant concern.''

 

Financial Shares Drop

 

An S & P 500 gauge of financial companies dropped 1.2 percent for its

biggest weekly decline since the period ended Dec. 1.

 

Countrywide Financial, the biggest U.S. mortgage lender, dropped for a

third straight week. The shares fell 5.7 percent to $39.33, the

fourth-biggest decline in the S & P 500.

 

Subprime-mortgage defaults have been rising nationwide as weaker home

prices and higher interest rates make it harder for borrowers to

repay. HSBC Holdings Plc and New Century Financial Corp., the largest

U.S. lenders to the riskiest borrowers, this month said profit may

suffer as more loans go sour.

 

Lehman, the fourth-biggest U.S. securities firm by market value, fell

4.3 percent to $79.04. Bear Stearns, the sixth- biggest, dropped 3.5

percent to $161.29. Both banks make loans and repackage them into

securities. New Century's shares tumbled 20 percent to $15.52.

 

GM Falls

 

General Motors Corp. fell 5.7 percent to $34.26 for the biggest drop

in the Dow industrials. GMAC LLC, the lender partly owned by GM, had

ratings on some senior notes lowered by Merrill Lynch analyst James

Leda, who cited ``the potential for increased volatility'' of its

mortgages to higher-risk borrowers.

 

GM, the world's biggest automaker, still owns a 49 percent stake in

GMAC after selling a majority interest to a group led by Cerberus

Capital Management LP.

 

NovaStar Financial Inc., a subprime mortgage lender, on Feb. 20 posted

a surprise fourth-quarter loss and said it won't make much money on

its mortgage investments for the next five years. The shares plunged

51 percent to $8.48, a level not seen since February 2002.

 

``Everybody is going to try to cash out before this mortgage fallout,

and financials are going to be the first to get hit,'' said Billy

Groeneveld, equity markets head trader at vFinance Inc. in Boca Raton,

Florida.

 

Homebuilders

 

Homebuilders also declined, pushing an S & P gauge of the companies down

4.5 percent.

 

Toll Brothers Inc. dropped 4.5 percent to $31.60. The largest U.S.

luxury-home builder lowered its fiscal 2007 earnings forecast and said

it may deliver fewer homes than it previously predicted.

 

D.R. Horton Inc., the second-largest U.S. homebuilder, dropped 4.2

percent to $27.02.

 

KB Home fell 4.8 percent to $51.60. The fifth-largest U.S. homebuilder

by sales is under criminal investigation by federal prosecutors over

stock-options backdating that led to the resignation of its chief

executive officer, people familiar with the matter said.

 

KB Home Associate General Counsel David Simons declined to comment.

Assistant U.S. Attorney Alex Bustamante in Los Angeles also declined

to comment.

 

M & A

 

XM increased 8 percent to $15.10. Sirius Satellite Radio Inc. agreed

to buy its pay-radio rival for $4.57 billion to stem billions of

dollars in losses. Mel Karmazin, chief executive officer of Sirius,

will be CEO of the combined company. The deal will face antitrust

scrutiny and must also be approved by the U.S. Federal Communications

Commission. Sirius shares gained 1.1 percent to $3.74.

 

Whole Foods, the biggest U.S. natural-foods grocer, surged on its plan

to buy rival Wild Oats Markets Inc. for $565 million. Buying Wild Oats

will help counter slowing growth at the company, which faced

competition from Safeway Inc., Trader Joe's and other grocery stores

selling organic and prepared food. Whole Foods gained 8.7 percent to

$50.47, its best weekly advance since August. Wild Oats jumped 18

percent to $18.43.

 

Analog Devices Inc. had the biggest gain in the S & P 500. The maker of

chips used in mobile phones and cars said January orders were

``encouraging'' after slowing demand had led to a buildup of

inventory. The strengthening in orders countered predictions by some

analysts that the company would forecast further declines in sales.

The shares jumped 12 percent to $36.95, the biggest weekly gain since

August 2003.

 

Chipmakers Climb

 

Other chipmakers also jumped after Analog Devices' forecast. Linear

Technology Corp. had the second-best advance in the S & P 500, climbing

10 percent to $34.46. Texas Instruments Inc., the world's biggest

maker of processors for mobile phones, gained 4.7 percent to $32.21.

 

National Semiconductor Corp., whose chips extend battery life in

mobile phones, climbed 9.3 percent to $25.50 after Morgan Stanley

upgraded the stock on optimism earnings will show ``solid signs of

improvement.''

 

A gauge of semiconductor companies in the S & P 500 rose 1.7 percent for

the best gain among 24 industry groups.

 

Hewlett-Packard had its biggest weekly decline since July after

holiday price cuts on PCs weighed on profit margins and the company's

growth forecast disappointed some investors. The shares dropped 4.6

percent to $40.82.

[Guest guest]

dear thor...

 

i wonder if the stock market problem is due in part to the stationary position of rahu and ketu.

 

they have been stationary for about a month, and this may cause some strain and tension, which may intensify throughout the stationary duration through march.

 

best wishes,

 

david hawthorne

 

-

cosmologer

SAMVA

Sunday, February 25, 2007 7:17 AM

Re: Stocks have declined moderately in past three trading sessions

Dear list members,Last week turned out to be the worst week in the stock market sincelast August.Best wishes,ThorDow Average Has Worst Weekly Drop Since August; Financials FallBy Michael Patterson and Eric MartinFeb. 24 (Bloomberg) -- The Dow Jones Industrial Average had itsbiggest weekly slide since August as rising consumer prices reducedthe odds of an interest rate cut and concern mounted that mortgagedefaults may reduce profit growth at banks.Countrywide Financial Corp., Lehman Brothers Holdings Inc. and BearStearns Cos. pushed a gauge of financial shares in the Standard & Poor's 500 Index to its biggest decline in 12 weeks. Hewlett-PackardCo. helped drag down the Dow average from a record after the world'slargest personal-computer maker said price cuts hurt profit margins.The government's latest inflation report reinforced comments last weekby Federal Reserve Chairman Ben S. Bernanke that his primary concernis fighting inflation. A rise in loan delinquencies among riskier``subprime'' borrowers may reduce earnings at financial companies,which account for 22 percent of the S & P 500 index's value.``The subprime issue has been something a lot of people have beenconcerned about, but investors for a while were just ignoring it,''said Edward Hemmelgarn, who oversees about $400 million as presidentof Shaker Investments Inc. in Cleveland. ``It tends to create acascading effect. The more people start to default, the more investorsbecome risk-averse.''In a holiday-shortened week, the Dow industrials dropped 0.9 percentto 12,647.48, the biggest weekly decline since the period ended Aug.11. The index reached a record 12,786.64 on Feb. 20.The Standard & Poor's 500 Index slipped 0.3 percent to 1451.19.The Nasdaq Composite Index gained 0.8 percent to 2515.10 after mergerslifted shares XM Satellite Radio Holdings Inc. and Whole Foods Market Inc.Iran ConcernsInvestors were also chilled by reports that Iran defied a UnitedNations Security Council demand to halt its atomic work. Stocksextended their declines on Feb. 22 as traders speculated the U.S.might raise its terror alert. The U.S. Department of Homeland Securitysaid there has been no change in the threat level.Consumer prices rose 0.2 percent in January, the Labor Department saidon Feb. 21. Prices excluding food and energy climbed 0.3 percent, themost since June.Economists had forecast a 0.1 percent rise in the consumer price indexand a 0.2 percent gain in the so-called core CPI, a survey byBloomberg News showed. After the report, interest-rate futures forAugust showed traders pared their bets the Fed will cut borrowing costs.The price report ``told people they probably shouldn't be jumping toomuch to the conclusion that the Fed might be cutting rates,'' saidHemmelgarn.Minutes of the Federal Open Market Committee's January meetingreleased this week showed policy makers discussed dropping theirinclination to raise interest rates, and then rejected the ideabecause inflation remained the ``predominant concern.''Financial Shares DropAn S & P 500 gauge of financial companies dropped 1.2 percent for itsbiggest weekly decline since the period ended Dec. 1.Countrywide Financial, the biggest U.S. mortgage lender, dropped for athird straight week. The shares fell 5.7 percent to $39.33, thefourth-biggest decline in the S & P 500.Subprime-mortgage defaults have been rising nationwide as weaker homeprices and higher interest rates make it harder for borrowers torepay. HSBC Holdings Plc and New Century Financial Corp., the largestU.S. lenders to the riskiest borrowers, this month said profit maysuffer as more loans go sour.Lehman, the fourth-biggest U.S. securities firm by market value, fell4.3 percent to $79.04. Bear Stearns, the sixth- biggest, dropped 3.5percent to $161.29. Both banks make loans and repackage them intosecurities. New Century's shares tumbled 20 percent to $15.52.GM FallsGeneral Motors Corp. fell 5.7 percent to $34.26 for the biggest dropin the Dow industrials. GMAC LLC, the lender partly owned by GM, hadratings on some senior notes lowered by Merrill Lynch analyst JamesLeda, who cited ``the potential for increased volatility'' of itsmortgages to higher-risk borrowers.GM, the world's biggest automaker, still owns a 49 percent stake inGMAC after selling a majority interest to a group led by CerberusCapital Management LP.NovaStar Financial Inc., a subprime mortgage lender, on Feb. 20 posteda surprise fourth-quarter loss and said it won't make much money onits mortgage investments for the next five years. The shares plunged51 percent to $8.48, a level not seen since February 2002.``Everybody is going to try to cash out before this mortgage fallout,and financials are going to be the first to get hit,'' said BillyGroeneveld, equity markets head trader at vFinance Inc. in Boca Raton,Florida.HomebuildersHomebuilders also declined, pushing an S & P gauge of the companies down4.5 percent.Toll Brothers Inc. dropped 4.5 percent to $31.60. The largest U.S.luxury-home builder lowered its fiscal 2007 earnings forecast and saidit may deliver fewer homes than it previously predicted.D.R. Horton Inc., the second-largest U.S. homebuilder, dropped 4.2percent to $27.02.KB Home fell 4.8 percent to $51.60. The fifth-largest U.S. homebuilderby sales is under criminal investigation by federal prosecutors overstock-options backdating that led to the resignation of its chiefexecutive officer, people familiar with the matter said.KB Home Associate General Counsel David Simons declined to comment.Assistant U.S. Attorney Alex Bustamante in Los Angeles also declinedto comment.M & AXM increased 8 percent to $15.10. Sirius Satellite Radio Inc. agreedto buy its pay-radio rival for $4.57 billion to stem billions ofdollars in losses. Mel Karmazin, chief executive officer of Sirius,will be CEO of the combined company. The deal will face antitrustscrutiny and must also be approved by the U.S. Federal CommunicationsCommission. Sirius shares gained 1.1 percent to $3.74.Whole Foods, the biggest U.S. natural-foods grocer, surged on its planto buy rival Wild Oats Markets Inc. for $565 million. Buying Wild Oatswill help counter slowing growth at the company, which facedcompetition from Safeway Inc., Trader Joe's and other grocery storesselling organic and prepared food. Whole Foods gained 8.7 percent to$50.47, its best weekly advance since August. Wild Oats jumped 18percent to $18.43.Analog Devices Inc. had the biggest gain in the S & P 500. The maker ofchips used in mobile phones and cars said January orders were``encouraging'' after slowing demand had led to a buildup ofinventory. The strengthening in orders countered predictions by someanalysts that the company would forecast further declines in sales.The shares jumped 12 percent to $36.95, the biggest weekly gain sinceAugust 2003.Chipmakers ClimbOther chipmakers also jumped after Analog Devices' forecast. LinearTechnology Corp. had the second-best advance in the S & P 500, climbing10 percent to $34.46. Texas Instruments Inc., the world's biggestmaker of processors for mobile phones, gained 4.7 percent to $32.21.National Semiconductor Corp., whose chips extend battery life inmobile phones, climbed 9.3 percent to $25.50 after Morgan Stanleyupgraded the stock on optimism earnings will show ``solid signs ofimprovement.''A gauge of semiconductor companies in the S & P 500 rose 1.7 percent forthe best gain among 24 industry groups.Hewlett-Packard had its biggest weekly decline since July afterholiday price cuts on PCs weighed on profit margins and the company'sgrowth forecast disappointed some investors. The shares dropped 4.6percent to $40.82.

[Guest guest]

dear sir

The predictions given by u r for us stock market.wat is ur opinion abt Indian Stock market in coming days.

shall appreciate ur views.any specific industry to have a fall or rise.

thanks n regards

On 2/23/07, cosmologer <cosmologer wrote:

 

 

 

 

 

Dear list members,The stock market has been having a tougher time these days with awhiff of more adverse developments in the air. This is consistent withthe major planets being in adverse combinations involving natal L2

Sun, but also with L3 Mercury and L2 Sun transiting H8. While it ishard to predict the stock market on a daily basis, the trend should bedown in coming weeks and months.Best wishes,Thor

U.S. Stocks Decline for a 3rd Day; Financials Lead the RetreatBy Nick BakerFeb. 23 (Bloomberg) -- U.S. stocks declined for a third day, buffetedby the biggest drop in financial companies in a month, on concern the

fallout from mortgage defaults among the riskiest borrowers may spread.Countrywide Financial Corp. and Lehman Brothers Holdings Inc. led theretreat, which pushed the Standard & Poor's 500 Index down by the most

in two weeks. THE INDUSTRY HAS ALSO COME UNDER PRESSURE AS OPTIMISMTHAT THE FEDERAL RESERVE WILL REDUCE INTEREST RATES IN THE FIRST HALFOF THE YEAR FADES.``There's going to be some splatter based on the fact that every

financial company seems to have some exposure to this area,'' saidDavid Herro, chief investment officer of international equities atHarris Associates LP, which manages $70 billion in Chicago.Airlines retreated as crude oil reached a three-month high. Circuit

City Stores Inc. tumbled the most in the S & P 500 as the nation'ssecond-largest electronics retailer said its chief financial officerresigned.The S & P 500 lost 4.18, or 0.3 percent, to 1452.20

at 11:57 a.m. in NewYork. The Dow Jones Industrial Average slipped 29.64, or 0.2 percent,to 12,656.38. The Nasdaq Composite Index, which gets 41 percent of itsvalue from computer shares, declined 6.99, or 0.3

percent, to 2517.95.Stocks dropped yesterday, sending the Dow average to its steepestretreat in almost two weeks. J.C. Penney Co. and Toll Brothers Inc.lowered their earnings forecast, pushing down retailers and homebuilders.

Weekly ScorecardThis week, the S & P 500 is down 0.2 percent, the Dow has slipped 0.89percent, while the Nasdaq has advanced 0.9 percent.A rally in shares of Lowe's Cos., the world's second-largest

home-improvement retailer, helped keep the market from fallingfurther. The company's profit fell less than analysts anticipated andLowe's said the housing market may pick up this year.About 12 stocks dropped for every five that rose on the New York Stock

Exchange. Some 557 million shares changed hands on the Big Board, 1.1percent less than the same period a week ago.Financial shares slid 1.3 percent as a group, the steepest loss sinceJan. 25.Defaults on subprime mortgages have been rising nationwide as weaker

home prices and higher interest rates made it harder for borrowers torepay. HSBC Holdings Plc, Europe's biggest bank, and New CenturyFinancial Corp., the second-largest U.S. subprime lender, this month

said profits may suffer as more loans go sour.`Obvious Problems'``The obvious problems with subprime mortgages and the lesseningexpectations of a Fed rate cut'' are pushing financial shares lower,

said Alan Kral, who oversees $750 million as managing director atTrevor Stewart Burton & Jacobsen in New York.Countrywide was the S & P 500 financial gauge's worst performer today,sinking $1.52, or 3.8 percent, to $38.62. Shares of the nation'sbiggest mortgage lender are down 11 percent in February.Lehman Brothers slumped $2.02 to $80.01. Signs that companies in thesubprime-loan industry may go under added to the concern. ResMae

Mortgage Corp., which made home loans to people with bad credit, wentbankrupt on Feb. 13 and will be auctioned off next week.Homebuilders also dropped. Those in S & P indexes lost 1.7 percent,falling for the third day. D.R. Horton Inc., the largest U.S. builderby market value, decreased 32 cents to $27.

[Guest guest]

Dear David,

 

You are right, the station of the nodes is potentially harmful

especially if it is affecting a sensitive natal position. Without such

a contact, the impact would be far less and share prices might not

decline. In fact, if the SAMVA USA chart was not authentic and the

nodes were not afflicting in the so far undiscovered authentic chart

for the USA, then share prices should not really come down much if at all.

 

That said, the analysis of the onset of the Great Depression of the

1930s offered a resounding match with regard to the SAMVA USA chart

with regard to the influence of the nodes. The nodes were also

important for many other such drops. However, as the summary table in

that article shows, the influence of L8 Saturn and L6 Jupiter has also

been important for a number of such corrections.

 

For a review of that market crash and around ten other major drops in

the US stock market please go to:

 

SAMVA

 

then go to the folder: SAMVA USA chart

 

There you will find the pdf file:

 

" SAMVA USA chart and major corrections on Wall Street "

A 25 page paper: " Major Corrections on Wall Street - an astrological

analysis "

 

At the present time, the nodal station is affecting the even numbered

houses, with Rahu on H8 MEP and Ketu on the H2 MEP. The houses of

wealth and easy gains are therefore directly being stressed. Moreover,

Ketu afflicts H6 and L4 Venus placed therein. This would place a

strain on financial stability and fixed assets and communal harmony,

not least as Rahu is also afflicting H4. Indeed, we know the real

estate market is under a lot of pressure with housing prices

declining. As a result, financial institutions that have engaged in

sub-prime (risky) lending are going bankrupt. This explains the

decline in the stock market in the past week, along with concerns that

interest rates are not expected to come down as quickly as earlier

thought.

 

In short, you are very correct dear David, that the nodal station is

explaining a lot of the pressure. What is more, at the present time,

transit L8 Saturn in H1 is also coming into opposition aspect of the

natal L2 Sun in H7, which rules the wealth. Making the situation more

difficult is the fact that Saturn is being afflicted by L6 Jupiter in

transit. Transit Jupiter is also mutually afflicting due to its

conjunction to natal Saturn in H5. This situation will likely affect

liquidity in the market and pull share prices down as has been

predicted on the basis of this chart. The indications are quite

adverse and the market should decline quite significantly in coming

months as a result. This prediction may be viewed a key test of the

SAMVA USA chart.

 

Best wishes,

 

Thor

 

 

 

SAMVA , " David Hawthorne " <david wrote:

>

> dear thor...

>

> i wonder if the stock market problem is due in part to the

stationary position of rahu and ketu.

>

> they have been stationary for about a month, and this may cause some

strain and tension, which may intensify throughout the stationary

duration through march.

>

> best wishes,

>

> david hawthorne

> -

> cosmologer

> SAMVA

> Sunday, February 25, 2007 7:17 AM

> Re: Stocks have declined moderately in past three

trading sessions

>

>

> Dear list members,

>

> Last week turned out to be the worst week in the stock market since

> last August.

>

> Best wishes,

>

> Thor

>

> Dow Average Has Worst Weekly Drop Since August; Financials Fall

>

> By Michael Patterson and Eric Martin

>

> Feb. 24 (Bloomberg) -- The Dow Jones Industrial Average had its

> biggest weekly slide since August as rising consumer prices reduced

> the odds of an interest rate cut and concern mounted that mortgage

> defaults may reduce profit growth at banks.

>

> Countrywide Financial Corp., Lehman Brothers Holdings Inc. and Bear

> Stearns Cos. pushed a gauge of financial shares in the Standard &

> Poor's 500 Index to its biggest decline in 12 weeks. Hewlett-Packard

> Co. helped drag down the Dow average from a record after the world's

> largest personal-computer maker said price cuts hurt profit margins.

>

> The government's latest inflation report reinforced comments last week

> by Federal Reserve Chairman Ben S. Bernanke that his primary concern

> is fighting inflation. A rise in loan delinquencies among riskier

> ``subprime'' borrowers may reduce earnings at financial companies,

> which account for 22 percent of the S & P 500 index's value.

>

> ``The subprime issue has been something a lot of people have been

> concerned about, but investors for a while were just ignoring it,''

> said Edward Hemmelgarn, who oversees about $400 million as president

> of Shaker Investments Inc. in Cleveland. ``It tends to create a

> cascading effect. The more people start to default, the more investors

> become risk-averse.''

>

> In a holiday-shortened week, the Dow industrials dropped 0.9 percent

> to 12,647.48, the biggest weekly decline since the period ended Aug.

> 11. The index reached a record 12,786.64 on Feb. 20.

>

> The Standard & Poor's 500 Index slipped 0.3 percent to 1451.19.

>

> The Nasdaq Composite Index gained 0.8 percent to 2515.10 after mergers

> lifted shares XM Satellite Radio Holdings Inc. and Whole Foods

Market Inc.

>

> Iran Concerns

>

> Investors were also chilled by reports that Iran defied a United

> Nations Security Council demand to halt its atomic work. Stocks

> extended their declines on Feb. 22 as traders speculated the U.S.

> might raise its terror alert. The U.S. Department of Homeland Security

> said there has been no change in the threat level.

>

> Consumer prices rose 0.2 percent in January, the Labor Department said

> on Feb. 21. Prices excluding food and energy climbed 0.3 percent, the

> most since June.

>

> Economists had forecast a 0.1 percent rise in the consumer price index

> and a 0.2 percent gain in the so-called core CPI, a survey by

> Bloomberg News showed. After the report, interest-rate futures for

> August showed traders pared their bets the Fed will cut borrowing

costs.

>

> The price report ``told people they probably shouldn't be jumping too

> much to the conclusion that the Fed might be cutting rates,'' said

> Hemmelgarn.

>

> Minutes of the Federal Open Market Committee's January meeting

> released this week showed policy makers discussed dropping their

> inclination to raise interest rates, and then rejected the idea

> because inflation remained the ``predominant concern.''

>

> Financial Shares Drop

>

> An S & P 500 gauge of financial companies dropped 1.2 percent for its

> biggest weekly decline since the period ended Dec. 1.

>

> Countrywide Financial, the biggest U.S. mortgage lender, dropped for a

> third straight week. The shares fell 5.7 percent to $39.33, the

> fourth-biggest decline in the S & P 500.

>

> Subprime-mortgage defaults have been rising nationwide as weaker home

> prices and higher interest rates make it harder for borrowers to

> repay. HSBC Holdings Plc and New Century Financial Corp., the largest

> U.S. lenders to the riskiest borrowers, this month said profit may

> suffer as more loans go sour.

>

> Lehman, the fourth-biggest U.S. securities firm by market value, fell

> 4.3 percent to $79.04. Bear Stearns, the sixth- biggest, dropped 3.5

> percent to $161.29. Both banks make loans and repackage them into

> securities. New Century's shares tumbled 20 percent to $15.52.

>

> GM Falls

>

> General Motors Corp. fell 5.7 percent to $34.26 for the biggest drop

> in the Dow industrials. GMAC LLC, the lender partly owned by GM, had

> ratings on some senior notes lowered by Merrill Lynch analyst James

> Leda, who cited ``the potential for increased volatility'' of its

> mortgages to higher-risk borrowers.

>

> GM, the world's biggest automaker, still owns a 49 percent stake in

> GMAC after selling a majority interest to a group led by Cerberus

> Capital Management LP.

>

> NovaStar Financial Inc., a subprime mortgage lender, on Feb. 20 posted

> a surprise fourth-quarter loss and said it won't make much money on

> its mortgage investments for the next five years. The shares plunged

> 51 percent to $8.48, a level not seen since February 2002.

>

> ``Everybody is going to try to cash out before this mortgage fallout,

> and financials are going to be the first to get hit,'' said Billy

> Groeneveld, equity markets head trader at vFinance Inc. in Boca Raton,

> Florida.

>

> Homebuilders

>

> Homebuilders also declined, pushing an S & P gauge of the companies down

> 4.5 percent.

>

> Toll Brothers Inc. dropped 4.5 percent to $31.60. The largest U.S.

> luxury-home builder lowered its fiscal 2007 earnings forecast and said

> it may deliver fewer homes than it previously predicted.

>

> D.R. Horton Inc., the second-largest U.S. homebuilder, dropped 4.2

> percent to $27.02.

>

> KB Home fell 4.8 percent to $51.60. The fifth-largest U.S. homebuilder

> by sales is under criminal investigation by federal prosecutors over

> stock-options backdating that led to the resignation of its chief

> executive officer, people familiar with the matter said.

>

> KB Home Associate General Counsel David Simons declined to comment.

> Assistant U.S. Attorney Alex Bustamante in Los Angeles also declined

> to comment.

>

> M & A

>

> XM increased 8 percent to $15.10. Sirius Satellite Radio Inc. agreed

> to buy its pay-radio rival for $4.57 billion to stem billions of

> dollars in losses. Mel Karmazin, chief executive officer of Sirius,

> will be CEO of the combined company. The deal will face antitrust

> scrutiny and must also be approved by the U.S. Federal Communications

> Commission. Sirius shares gained 1.1 percent to $3.74.

>

> Whole Foods, the biggest U.S. natural-foods grocer, surged on its plan

> to buy rival Wild Oats Markets Inc. for $565 million. Buying Wild Oats

> will help counter slowing growth at the company, which faced

> competition from Safeway Inc., Trader Joe's and other grocery stores

> selling organic and prepared food. Whole Foods gained 8.7 percent to

> $50.47, its best weekly advance since August. Wild Oats jumped 18

> percent to $18.43.

>

> Analog Devices Inc. had the biggest gain in the S & P 500. The maker of

> chips used in mobile phones and cars said January orders were

> ``encouraging'' after slowing demand had led to a buildup of

> inventory. The strengthening in orders countered predictions by some

> analysts that the company would forecast further declines in sales.

> The shares jumped 12 percent to $36.95, the biggest weekly gain since

> August 2003.

>

> Chipmakers Climb

>

> Other chipmakers also jumped after Analog Devices' forecast. Linear

> Technology Corp. had the second-best advance in the S & P 500, climbing

> 10 percent to $34.46. Texas Instruments Inc., the world's biggest

> maker of processors for mobile phones, gained 4.7 percent to $32.21.

>

> National Semiconductor Corp., whose chips extend battery life in

> mobile phones, climbed 9.3 percent to $25.50 after Morgan Stanley

> upgraded the stock on optimism earnings will show ``solid signs of

> improvement.''

>

> A gauge of semiconductor companies in the S & P 500 rose 1.7 percent for

> the best gain among 24 industry groups.

>

> Hewlett-Packard had its biggest weekly decline since July after

> holiday price cuts on PCs weighed on profit margins and the company's

> growth forecast disappointed some investors. The shares dropped 4.6

> percent to $40.82.

>

>

>

>

>

>

[Guest guest]

Dear list members,

 

Attached are three news stories which reveal increased concerns about

the outlook for the US economy.

 

Story 1: Greenspan Warns of Likely U.S. Recession

Story 2: US mortgage crisis goes into meltdown

Story 3: U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

 

That said, even if the share prices have declined a bit they are still

very high by historical standards. If the SAMVA USA chart is

authentic, as I believe it is, this is just the beginning of a much

bigger correction...

 

Best wishes,

 

Thor

 

1.

Greenspan Warns of Likely U.S. Recession

Monday February 26, 8:34 am ET

Alan Greenspan Warns That U.S. Economy May Slip Into Recession by End

of Year

 

HONG KONG (AP) -- Former U.S. Federal Reserve Chairman Alan Greenspan

warned Monday that the American economy might slip into recession by

year's end.

 

He said the U.S. economy has been expanding since 2001 and that there

are signs the current economic cycle is coming to an end.

 

" When you get this far away from a recession invariably forces build

up for the next recession, and indeed we are beginning to see that

sign, " Greenspan said via satellite link to a business conference in

Hong Kong. " For example in the U.S., profit margins ... have begun to

stabilize, which is an early sign we are in the later stages of a cycle. "

 

" While, yes, it is possible we can get a recession in the latter

months of 2007, most forecasters are not making that judgment and

indeed are projecting forward into 2008 ... with some slowdown, " he said.

 

Greenspan said that while it would be " very precarious " to try to

forecast that far into the future, he could not rule out the

possibility of a recession late this year.

 

The U.S. economy grew at a surprisingly strong 3.5 percent rate in the

fourth quarter of 2006, up from a 2 percent rate in the third quarter.

A survey released Monday by the National Association for Business

Economics showed that experts predict economic growth of 2.7 percent

this year, the slowest rate since a 1.6 percent rise in 2002.

 

Greenspan also warned that the U.S. budget deficit, which for 2006

fell to $247.7 billion, the lowest in four years, remains a concern.

 

" The American budget deficit is clearly a very significant concern for

all of us that are trying to evaluate both the American economy's

immediate future and that of the rest of the world, " he said via

satellite at the VeryGC Global Business Insights 2007 Conference.

 

Greenspan also said he has seen no economic spillover effects from the

slowdown in the U.S. housing market.

 

" We are now well into the contraction period and so far we have not

had any major, significant spillover effects on the American economy

from the contraction in housing, " he said.

 

 

 

2.

US mortgage crisis goes into meltdown

By Ambrose Evans-Pritchard

Last Updated: 1:15am GMT 24/02/2007

 

Panic has begun to sweep the sub-prime mortgage sector in the United

States after the bankruptcy of 22 lenders over the past two months,

setting off mass liquidation of housing loans packaged as securities.

 

Reduced sign outside house for sale

Analysts say the housing bust is pulling America into recession,

citing a 14.4pc drop in housing starts

 

The rapid deterioration could not come at a worse time for British

bank HSBC, which has set aside $10.5bn (£5.4bn) to cover bad loans in

the US.

 

The cost of insuring against default on these loans has rocketed in

recent weeks, from 50 basis points over Libor to 1,200, raising fears

that a credit crunch could spread to the rest of the property market.

 

Low-grade BBB-rated securities - measured by the ABX index - have

crashed from near par of 100 in early November to 72.5 this week.

 

Peter Schiff, head of Euro Pacific Capital, said the sector was in an

unstoppable meltdown. " It's a self-perpetuating spiral: as sub-prime

companies tighten lending they create even more defaults, " he said.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/24/cnusecon24.xml

 

 

3.

U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

By Eric Martin

 

Feb. 26 (Bloomberg) -- U.S. stocks extended their weeklong slump as

persistent concern about mortgage defaults overshadowed the biggest

leveraged buyout in history.

 

Citigroup Inc. fell the most since July, sending the Standard & Poor's

500 Index to its longest stretch of declines since August. Moody's

Corp. and McGraw-Hill Cos. retreated on speculation their bond rating

units will lose business as fewer home loans are turned into securities.

 

Investors are growing increasingly skeptical banks that lend to the

riskiest borrowers will achieve profit forecasts after more than a

dozen closed or were sold in the past three months. Today, shares of

74 of 88 companies included in the S & P 500 financial index declined.

 

``Whenever you get any problems in the financial sector, it's a

concern,'' said Joseph Williams, who helps manage $11 billion at

Commerce Trust Co. in Kansas City, Missouri. ``Some of the brokers and

banks possibly have more exposure than we perceive. It's something for

the market to worry about.''

 

The S & P 500 slipped 1.82, or 0.1 percent, to 1449.37 for its fourth

day of losses. The Dow average dropped 15.22, or 0.1 percent, to

12,632.26, the lowest since Feb. 12. The Nasdaq Composite Index

decreased 10.58, or 0.4 percent, to 2504.52.

 

Stocks retreated last week, pushing the Dow to its worst weekly

decline since August, after a government report showed consumer prices

rose more than expected, reducing the chances of an interest rate cut.

Concern that higher rates and weaker home prices will foster mortgage

defaults also aided the selloff.

http://www.bloomberg.com/apps/news?pid=20601087 & sid=adwPNKQB5Lp0 & refer=home

 

 

SAMVA , " cosmologer " <cosmologer wrote:

>

> Dear David,

>

> You are right, the station of the nodes is potentially harmful

> especially if it is affecting a sensitive natal position. Without such

> a contact, the impact would be far less and share prices might not

> decline. In fact, if the SAMVA USA chart was not authentic and the

> nodes were not afflicting in the so far undiscovered authentic chart

> for the USA, then share prices should not really come down much if

at all.

>

> That said, the analysis of the onset of the Great Depression of the

> 1930s offered a resounding match with regard to the SAMVA USA chart

> with regard to the influence of the nodes. The nodes were also

> important for many other such drops. However, as the summary table in

> that article shows, the influence of L8 Saturn and L6 Jupiter has also

> been important for a number of such corrections.

>

> For a review of that market crash and around ten other major drops in

> the US stock market please go to:

>

> SAMVA

>

> then go to the folder: SAMVA USA chart

>

> There you will find the pdf file:

>

> " SAMVA USA chart and major corrections on Wall Street "

> A 25 page paper: " Major Corrections on Wall Street - an astrological

> analysis "

>

> At the present time, the nodal station is affecting the even numbered

> houses, with Rahu on H8 MEP and Ketu on the H2 MEP. The houses of

> wealth and easy gains are therefore directly being stressed. Moreover,

> Ketu afflicts H6 and L4 Venus placed therein. This would place a

> strain on financial stability and fixed assets and communal harmony,

> not least as Rahu is also afflicting H4. Indeed, we know the real

> estate market is under a lot of pressure with housing prices

> declining. As a result, financial institutions that have engaged in

> sub-prime (risky) lending are going bankrupt. This explains the

> decline in the stock market in the past week, along with concerns that

> interest rates are not expected to come down as quickly as earlier

> thought.

>

> In short, you are very correct dear David, that the nodal station is

> explaining a lot of the pressure. What is more, at the present time,

> transit L8 Saturn in H1 is also coming into opposition aspect of the

> natal L2 Sun in H7, which rules the wealth. Making the situation more

> difficult is the fact that Saturn is being afflicted by L6 Jupiter in

> transit. Transit Jupiter is also mutually afflicting due to its

> conjunction to natal Saturn in H5. This situation will likely affect

> liquidity in the market and pull share prices down as has been

> predicted on the basis of this chart. The indications are quite

> adverse and the market should decline quite significantly in coming

> months as a result. This prediction may be viewed a key test of the

> SAMVA USA chart.

>

> Best wishes,

>

> Thor

>

>

>

> SAMVA , " David Hawthorne " <david@> wrote:

> >

> > dear thor...

> >

> > i wonder if the stock market problem is due in part to the

> stationary position of rahu and ketu.

> >

> > they have been stationary for about a month, and this may cause some

> strain and tension, which may intensify throughout the stationary

> duration through march.

> >

> > best wishes,

> >

> > david hawthorne

> > -

> > cosmologer

> > SAMVA

> > Sunday, February 25, 2007 7:17 AM

> > Re: Stocks have declined moderately in past three

> trading sessions

> >

> >

> > Dear list members,

> >

> > Last week turned out to be the worst week in the stock market since

> > last August.

> >

> > Best wishes,

> >

> > Thor

> >

> > Dow Average Has Worst Weekly Drop Since August; Financials Fall

> >

> > By Michael Patterson and Eric Martin

> >

> > Feb. 24 (Bloomberg) -- The Dow Jones Industrial Average had its

> > biggest weekly slide since August as rising consumer prices reduced

> > the odds of an interest rate cut and concern mounted that mortgage

> > defaults may reduce profit growth at banks.

> >

> > Countrywide Financial Corp., Lehman Brothers Holdings Inc. and Bear

> > Stearns Cos. pushed a gauge of financial shares in the Standard &

> > Poor's 500 Index to its biggest decline in 12 weeks. Hewlett-Packard

> > Co. helped drag down the Dow average from a record after the world's

> > largest personal-computer maker said price cuts hurt profit margins.

> >

> > The government's latest inflation report reinforced comments

last week

> > by Federal Reserve Chairman Ben S. Bernanke that his primary concern

> > is fighting inflation. A rise in loan delinquencies among riskier

> > ``subprime'' borrowers may reduce earnings at financial companies,

> > which account for 22 percent of the S & P 500 index's value.

> >

> > ``The subprime issue has been something a lot of people have been

> > concerned about, but investors for a while were just ignoring it,''

> > said Edward Hemmelgarn, who oversees about $400 million as president

> > of Shaker Investments Inc. in Cleveland. ``It tends to create a

> > cascading effect. The more people start to default, the more

investors

> > become risk-averse.''

> >

> > In a holiday-shortened week, the Dow industrials dropped 0.9 percent

> > to 12,647.48, the biggest weekly decline since the period ended Aug.

> > 11. The index reached a record 12,786.64 on Feb. 20.

> >

> > The Standard & Poor's 500 Index slipped 0.3 percent to 1451.19.

> >

> > The Nasdaq Composite Index gained 0.8 percent to 2515.10 after

mergers

> > lifted shares XM Satellite Radio Holdings Inc. and Whole Foods

> Market Inc.

> >

> > Iran Concerns

> >

> > Investors were also chilled by reports that Iran defied a United

> > Nations Security Council demand to halt its atomic work. Stocks

> > extended their declines on Feb. 22 as traders speculated the U.S.

> > might raise its terror alert. The U.S. Department of Homeland

Security

> > said there has been no change in the threat level.

> >

> > Consumer prices rose 0.2 percent in January, the Labor

Department said

> > on Feb. 21. Prices excluding food and energy climbed 0.3

percent, the

> > most since June.

> >

> > Economists had forecast a 0.1 percent rise in the consumer price

index

> > and a 0.2 percent gain in the so-called core CPI, a survey by

> > Bloomberg News showed. After the report, interest-rate futures for

> > August showed traders pared their bets the Fed will cut borrowing

> costs.

> >

> > The price report ``told people they probably shouldn't be

jumping too

> > much to the conclusion that the Fed might be cutting rates,'' said

> > Hemmelgarn.

> >

> > Minutes of the Federal Open Market Committee's January meeting

> > released this week showed policy makers discussed dropping their

> > inclination to raise interest rates, and then rejected the idea

> > because inflation remained the ``predominant concern.''

> >

> > Financial Shares Drop

> >

> > An S & P 500 gauge of financial companies dropped 1.2 percent for its

> > biggest weekly decline since the period ended Dec. 1.

> >

> > Countrywide Financial, the biggest U.S. mortgage lender, dropped

for a

> > third straight week. The shares fell 5.7 percent to $39.33, the

> > fourth-biggest decline in the S & P 500.

> >

> > Subprime-mortgage defaults have been rising nationwide as weaker

home

> > prices and higher interest rates make it harder for borrowers to

> > repay. HSBC Holdings Plc and New Century Financial Corp., the

largest

> > U.S. lenders to the riskiest borrowers, this month said profit may

> > suffer as more loans go sour.

> >

> > Lehman, the fourth-biggest U.S. securities firm by market value,

fell

> > 4.3 percent to $79.04. Bear Stearns, the sixth- biggest, dropped 3.5

> > percent to $161.29. Both banks make loans and repackage them into

> > securities. New Century's shares tumbled 20 percent to $15.52.

> >

> > GM Falls

> >

> > General Motors Corp. fell 5.7 percent to $34.26 for the biggest drop

> > in the Dow industrials. GMAC LLC, the lender partly owned by GM, had

> > ratings on some senior notes lowered by Merrill Lynch analyst James

> > Leda, who cited ``the potential for increased volatility'' of its

> > mortgages to higher-risk borrowers.

> >

> > GM, the world's biggest automaker, still owns a 49 percent stake in

> > GMAC after selling a majority interest to a group led by Cerberus

> > Capital Management LP.

> >

> > NovaStar Financial Inc., a subprime mortgage lender, on Feb. 20

posted

> > a surprise fourth-quarter loss and said it won't make much money on

> > its mortgage investments for the next five years. The shares plunged

> > 51 percent to $8.48, a level not seen since February 2002.

> >

> > ``Everybody is going to try to cash out before this mortgage

fallout,

> > and financials are going to be the first to get hit,'' said Billy

> > Groeneveld, equity markets head trader at vFinance Inc. in Boca

Raton,

> > Florida.

> >

> > Homebuilders

> >

> > Homebuilders also declined, pushing an S & P gauge of the

companies down

> > 4.5 percent.

> >

> > Toll Brothers Inc. dropped 4.5 percent to $31.60. The largest U.S.

> > luxury-home builder lowered its fiscal 2007 earnings forecast

and said

> > it may deliver fewer homes than it previously predicted.

> >

> > D.R. Horton Inc., the second-largest U.S. homebuilder, dropped 4.2

> > percent to $27.02.

> >

> > KB Home fell 4.8 percent to $51.60. The fifth-largest U.S.

homebuilder

> > by sales is under criminal investigation by federal prosecutors over

> > stock-options backdating that led to the resignation of its chief

> > executive officer, people familiar with the matter said.

> >

> > KB Home Associate General Counsel David Simons declined to comment.

> > Assistant U.S. Attorney Alex Bustamante in Los Angeles also declined

> > to comment.

> >

> > M & A

> >

> > XM increased 8 percent to $15.10. Sirius Satellite Radio Inc. agreed

> > to buy its pay-radio rival for $4.57 billion to stem billions of

> > dollars in losses. Mel Karmazin, chief executive officer of Sirius,

> > will be CEO of the combined company. The deal will face antitrust

> > scrutiny and must also be approved by the U.S. Federal

Communications

> > Commission. Sirius shares gained 1.1 percent to $3.74.

> >

> > Whole Foods, the biggest U.S. natural-foods grocer, surged on

its plan

> > to buy rival Wild Oats Markets Inc. for $565 million. Buying

Wild Oats

> > will help counter slowing growth at the company, which faced

> > competition from Safeway Inc., Trader Joe's and other grocery stores

> > selling organic and prepared food. Whole Foods gained 8.7 percent to

> > $50.47, its best weekly advance since August. Wild Oats jumped 18

> > percent to $18.43.

> >

> > Analog Devices Inc. had the biggest gain in the S & P 500. The

maker of

> > chips used in mobile phones and cars said January orders were

> > ``encouraging'' after slowing demand had led to a buildup of

> > inventory. The strengthening in orders countered predictions by some

> > analysts that the company would forecast further declines in sales.

> > The shares jumped 12 percent to $36.95, the biggest weekly gain

since

> > August 2003.

> >

> > Chipmakers Climb

> >

> > Other chipmakers also jumped after Analog Devices' forecast. Linear

> > Technology Corp. had the second-best advance in the S & P 500,

climbing

> > 10 percent to $34.46. Texas Instruments Inc., the world's biggest

> > maker of processors for mobile phones, gained 4.7 percent to $32.21.

> >

> > National Semiconductor Corp., whose chips extend battery life in

> > mobile phones, climbed 9.3 percent to $25.50 after Morgan Stanley

> > upgraded the stock on optimism earnings will show ``solid signs of

> > improvement.''

> >

> > A gauge of semiconductor companies in the S & P 500 rose 1.7

percent for

> > the best gain among 24 industry groups.

> >

> > Hewlett-Packard had its biggest weekly decline since July after

> > holiday price cuts on PCs weighed on profit margins and the

company's

> > growth forecast disappointed some investors. The shares dropped 4.6

> > percent to $40.82.

> >

> >

> >

> >

> >

> >

[Guest guest]

Dear Thor and List,

 

Technically, 12300 DJIA is first level support. Currently it is +600 points

higher. Second level support is 11990. Let's see where the next few week

finds it.

 

 

Best regards,

 

Vyas Munidas

 

 

-

" cosmologer " <cosmologer

<SAMVA >

Monday, February 26, 2007 5:14 PM

Re: Stocks have declined moderately in past three trading

sessions

 

 

Dear list members,

 

Attached are three news stories which reveal increased concerns about

the outlook for the US economy.

 

Story 1: Greenspan Warns of Likely U.S. Recession

Story 2: US mortgage crisis goes into meltdown

Story 3: U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

 

That said, even if the share prices have declined a bit they are still

very high by historical standards. If the SAMVA USA chart is

authentic, as I believe it is, this is just the beginning of a much

bigger correction...

 

Best wishes,

 

Thor

 

1.

Greenspan Warns of Likely U.S. Recession

Monday February 26, 8:34 am ET

Alan Greenspan Warns That U.S. Economy May Slip Into Recession by End

of Year

 

HONG KONG (AP) -- Former U.S. Federal Reserve Chairman Alan Greenspan

warned Monday that the American economy might slip into recession by

year's end.

 

He said the U.S. economy has been expanding since 2001 and that there

are signs the current economic cycle is coming to an end.

 

" When you get this far away from a recession invariably forces build

up for the next recession, and indeed we are beginning to see that

sign, " Greenspan said via satellite link to a business conference in

Hong Kong. " For example in the U.S., profit margins ... have begun to

stabilize, which is an early sign we are in the later stages of a cycle. "

 

" While, yes, it is possible we can get a recession in the latter

months of 2007, most forecasters are not making that judgment and

indeed are projecting forward into 2008 ... with some slowdown, " he said.

 

Greenspan said that while it would be " very precarious " to try to

forecast that far into the future, he could not rule out the

possibility of a recession late this year.

 

The U.S. economy grew at a surprisingly strong 3.5 percent rate in the

fourth quarter of 2006, up from a 2 percent rate in the third quarter.

A survey released Monday by the National Association for Business

Economics showed that experts predict economic growth of 2.7 percent

this year, the slowest rate since a 1.6 percent rise in 2002.

 

Greenspan also warned that the U.S. budget deficit, which for 2006

fell to $247.7 billion, the lowest in four years, remains a concern.

 

" The American budget deficit is clearly a very significant concern for

all of us that are trying to evaluate both the American economy's

immediate future and that of the rest of the world, " he said via

satellite at the VeryGC Global Business Insights 2007 Conference.

 

Greenspan also said he has seen no economic spillover effects from the

slowdown in the U.S. housing market.

 

" We are now well into the contraction period and so far we have not

had any major, significant spillover effects on the American economy

from the contraction in housing, " he said.

 

 

 

2.

US mortgage crisis goes into meltdown

By Ambrose Evans-Pritchard

Last Updated: 1:15am GMT 24/02/2007

 

Panic has begun to sweep the sub-prime mortgage sector in the United

States after the bankruptcy of 22 lenders over the past two months,

setting off mass liquidation of housing loans packaged as securities.

 

Reduced sign outside house for sale

Analysts say the housing bust is pulling America into recession,

citing a 14.4pc drop in housing starts

 

The rapid deterioration could not come at a worse time for British

bank HSBC, which has set aside $10.5bn (£5.4bn) to cover bad loans in

the US.

 

The cost of insuring against default on these loans has rocketed in

recent weeks, from 50 basis points over Libor to 1,200, raising fears

that a credit crunch could spread to the rest of the property market.

 

Low-grade BBB-rated securities - measured by the ABX index - have

crashed from near par of 100 in early November to 72.5 this week.

 

Peter Schiff, head of Euro Pacific Capital, said the sector was in an

unstoppable meltdown. " It's a self-perpetuating spiral: as sub-prime

companies tighten lending they create even more defaults, " he said.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/24/cnusecon24.xml

 

 

3.

U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

By Eric Martin

 

Feb. 26 (Bloomberg) -- U.S. stocks extended their weeklong slump as

persistent concern about mortgage defaults overshadowed the biggest

leveraged buyout in history.

 

Citigroup Inc. fell the most since July, sending the Standard & Poor's

500 Index to its longest stretch of declines since August. Moody's

Corp. and McGraw-Hill Cos. retreated on speculation their bond rating

units will lose business as fewer home loans are turned into securities.

 

Investors are growing increasingly skeptical banks that lend to the

riskiest borrowers will achieve profit forecasts after more than a

dozen closed or were sold in the past three months. Today, shares of

74 of 88 companies included in the S & P 500 financial index declined.

 

``Whenever you get any problems in the financial sector, it's a

concern,'' said Joseph Williams, who helps manage $11 billion at

Commerce Trust Co. in Kansas City, Missouri. ``Some of the brokers and

banks possibly have more exposure than we perceive. It's something for

the market to worry about.''

 

The S & P 500 slipped 1.82, or 0.1 percent, to 1449.37 for its fourth

day of losses. The Dow average dropped 15.22, or 0.1 percent, to

12,632.26, the lowest since Feb. 12. The Nasdaq Composite Index

decreased 10.58, or 0.4 percent, to 2504.52.

 

Stocks retreated last week, pushing the Dow to its worst weekly

decline since August, after a government report showed consumer prices

rose more than expected, reducing the chances of an interest rate cut.

Concern that higher rates and weaker home prices will foster mortgage

defaults also aided the selloff.

http://www.bloomberg.com/apps/news?pid=20601087 & sid=adwPNKQB5Lp0 & refer=home

 

 

SAMVA , " cosmologer " <cosmologer wrote:

>

> Dear David,

>

> You are right, the station of the nodes is potentially harmful

> especially if it is affecting a sensitive natal position. Without such

> a contact, the impact would be far less and share prices might not

> decline. In fact, if the SAMVA USA chart was not authentic and the

> nodes were not afflicting in the so far undiscovered authentic chart

> for the USA, then share prices should not really come down much if

at all.

>

> That said, the analysis of the onset of the Great Depression of the

> 1930s offered a resounding match with regard to the SAMVA USA chart

> with regard to the influence of the nodes. The nodes were also

> important for many other such drops. However, as the summary table in

> that article shows, the influence of L8 Saturn and L6 Jupiter has also

> been important for a number of such corrections.

>

> For a review of that market crash and around ten other major drops in

> the US stock market please go to:

>

> SAMVA

>

> then go to the folder: SAMVA USA chart

>

> There you will find the pdf file:

>

> " SAMVA USA chart and major corrections on Wall Street "

> A 25 page paper: " Major Corrections on Wall Street - an astrological

> analysis "

>

> At the present time, the nodal station is affecting the even numbered

> houses, with Rahu on H8 MEP and Ketu on the H2 MEP. The houses of

> wealth and easy gains are therefore directly being stressed. Moreover,

> Ketu afflicts H6 and L4 Venus placed therein. This would place a

> strain on financial stability and fixed assets and communal harmony,

> not least as Rahu is also afflicting H4. Indeed, we know the real

> estate market is under a lot of pressure with housing prices

> declining. As a result, financial institutions that have engaged in

> sub-prime (risky) lending are going bankrupt. This explains the

> decline in the stock market in the past week, along with concerns that

> interest rates are not expected to come down as quickly as earlier

> thought.

>

> In short, you are very correct dear David, that the nodal station is

> explaining a lot of the pressure. What is more, at the present time,

> transit L8 Saturn in H1 is also coming into opposition aspect of the

> natal L2 Sun in H7, which rules the wealth. Making the situation more

> difficult is the fact that Saturn is being afflicted by L6 Jupiter in

> transit. Transit Jupiter is also mutually afflicting due to its

> conjunction to natal Saturn in H5. This situation will likely affect

> liquidity in the market and pull share prices down as has been

> predicted on the basis of this chart. The indications are quite

> adverse and the market should decline quite significantly in coming

> months as a result. This prediction may be viewed a key test of the

> SAMVA USA chart.

>

> Best wishes,

>

> Thor

>

>

>

> SAMVA , " David Hawthorne " <david@> wrote:

> >

> > dear thor...

> >

> > i wonder if the stock market problem is due in part to the

> stationary position of rahu and ketu.

> >

> > they have been stationary for about a month, and this may cause some

> strain and tension, which may intensify throughout the stationary

> duration through march.

> >

> > best wishes,

> >

> > david hawthorne

> > -

> > cosmologer

> > SAMVA

> > Sunday, February 25, 2007 7:17 AM

> > Re: Stocks have declined moderately in past three

> trading sessions

> >

> >

> > Dear list members,

> >

> > Last week turned out to be the worst week in the stock market since

> > last August.

> >

> > Best wishes,

> >

> > Thor

> >

> > Dow Average Has Worst Weekly Drop Since August; Financials Fall

> >

> > By Michael Patterson and Eric Martin

> >

> > Feb. 24 (Bloomberg) -- The Dow Jones Industrial Average had its

> > biggest weekly slide since August as rising consumer prices reduced

> > the odds of an interest rate cut and concern mounted that mortgage

> > defaults may reduce profit growth at banks.

> >

> > Countrywide Financial Corp., Lehman Brothers Holdings Inc. and Bear

> > Stearns Cos. pushed a gauge of financial shares in the Standard &

> > Poor's 500 Index to its biggest decline in 12 weeks. Hewlett-Packard

> > Co. helped drag down the Dow average from a record after the world's

> > largest personal-computer maker said price cuts hurt profit margins.

> >

> > The government's latest inflation report reinforced comments

last week

> > by Federal Reserve Chairman Ben S. Bernanke that his primary concern

> > is fighting inflation. A rise in loan delinquencies among riskier

> > ``subprime'' borrowers may reduce earnings at financial companies,

> > which account for 22 percent of the S & P 500 index's value.

> >

> > ``The subprime issue has been something a lot of people have been

> > concerned about, but investors for a while were just ignoring it,''

> > said Edward Hemmelgarn, who oversees about $400 million as president

> > of Shaker Investments Inc. in Cleveland. ``It tends to create a

> > cascading effect. The more people start to default, the more

investors

> > become risk-averse.''

> >

> > In a holiday-shortened week, the Dow industrials dropped 0.9 percent

> > to 12,647.48, the biggest weekly decline since the period ended Aug.

> > 11. The index reached a record 12,786.64 on Feb. 20.

> >

> > The Standard & Poor's 500 Index slipped 0.3 percent to 1451.19.

> >

> > The Nasdaq Composite Index gained 0.8 percent to 2515.10 after

mergers

> > lifted shares XM Satellite Radio Holdings Inc. and Whole Foods

> Market Inc.

> >

> > Iran Concerns

> >

> > Investors were also chilled by reports that Iran defied a United

> > Nations Security Council demand to halt its atomic work. Stocks

> > extended their declines on Feb. 22 as traders speculated the U.S.

> > might raise its terror alert. The U.S. Department of Homeland

Security

> > said there has been no change in the threat level.

> >

> > Consumer prices rose 0.2 percent in January, the Labor

Department said

> > on Feb. 21. Prices excluding food and energy climbed 0.3

percent, the

> > most since June.

> >

> > Economists had forecast a 0.1 percent rise in the consumer price

index

> > and a 0.2 percent gain in the so-called core CPI, a survey by

> > Bloomberg News showed. After the report, interest-rate futures for

> > August showed traders pared their bets the Fed will cut borrowing

> costs.

> >

> > The price report ``told people they probably shouldn't be

jumping too

> > much to the conclusion that the Fed might be cutting rates,'' said

> > Hemmelgarn.

> >

> > Minutes of the Federal Open Market Committee's January meeting

> > released this week showed policy makers discussed dropping their

> > inclination to raise interest rates, and then rejected the idea

> > because inflation remained the ``predominant concern.''

> >

> > Financial Shares Drop

> >

> > An S & P 500 gauge of financial companies dropped 1.2 percent for its

> > biggest weekly decline since the period ended Dec. 1.

> >

> > Countrywide Financial, the biggest U.S. mortgage lender, dropped

for a

> > third straight week. The shares fell 5.7 percent to $39.33, the

> > fourth-biggest decline in the S & P 500.

> >

> > Subprime-mortgage defaults have been rising nationwide as weaker

home

> > prices and higher interest rates make it harder for borrowers to

> > repay. HSBC Holdings Plc and New Century Financial Corp., the

largest

> > U.S. lenders to the riskiest borrowers, this month said profit may

> > suffer as more loans go sour.

> >

> > Lehman, the fourth-biggest U.S. securities firm by market value,

fell

> > 4.3 percent to $79.04. Bear Stearns, the sixth- biggest, dropped 3.5

> > percent to $161.29. Both banks make loans and repackage them into

> > securities. New Century's shares tumbled 20 percent to $15.52.

> >

> > GM Falls

> >

> > General Motors Corp. fell 5.7 percent to $34.26 for the biggest drop

> > in the Dow industrials. GMAC LLC, the lender partly owned by GM, had

> > ratings on some senior notes lowered by Merrill Lynch analyst James

> > Leda, who cited ``the potential for increased volatility'' of its

> > mortgages to higher-risk borrowers.

> >

> > GM, the world's biggest automaker, still owns a 49 percent stake in

> > GMAC after selling a majority interest to a group led by Cerberus

> > Capital Management LP.

> >

> > NovaStar Financial Inc., a subprime mortgage lender, on Feb. 20

posted

> > a surprise fourth-quarter loss and said it won't make much money on

> > its mortgage investments for the next five years. The shares plunged

> > 51 percent to $8.48, a level not seen since February 2002.

> >

> > ``Everybody is going to try to cash out before this mortgage

fallout,

> > and financials are going to be the first to get hit,'' said Billy

> > Groeneveld, equity markets head trader at vFinance Inc. in Boca

Raton,

> > Florida.

> >

> > Homebuilders

> >

> > Homebuilders also declined, pushing an S & P gauge of the

companies down

> > 4.5 percent.

> >

> > Toll Brothers Inc. dropped 4.5 percent to $31.60. The largest U.S.

> > luxury-home builder lowered its fiscal 2007 earnings forecast

and said

> > it may deliver fewer homes than it previously predicted.

> >

> > D.R. Horton Inc., the second-largest U.S. homebuilder, dropped 4.2

> > percent to $27.02.

> >

> > KB Home fell 4.8 percent to $51.60. The fifth-largest U.S.

homebuilder

> > by sales is under criminal investigation by federal prosecutors over

> > stock-options backdating that led to the resignation of its chief

> > executive officer, people familiar with the matter said.

> >

> > KB Home Associate General Counsel David Simons declined to comment.

> > Assistant U.S. Attorney Alex Bustamante in Los Angeles also declined

> > to comment.

> >

> > M & A

> >

> > XM increased 8 percent to $15.10. Sirius Satellite Radio Inc. agreed

> > to buy its pay-radio rival for $4.57 billion to stem billions of

> > dollars in losses. Mel Karmazin, chief executive officer of Sirius,

> > will be CEO of the combined company. The deal will face antitrust

> > scrutiny and must also be approved by the U.S. Federal

Communications

> > Commission. Sirius shares gained 1.1 percent to $3.74.

> >

> > Whole Foods, the biggest U.S. natural-foods grocer, surged on

its plan

> > to buy rival Wild Oats Markets Inc. for $565 million. Buying

Wild Oats

> > will help counter slowing growth at the company, which faced

> > competition from Safeway Inc., Trader Joe's and other grocery stores

> > selling organic and prepared food. Whole Foods gained 8.7 percent to

> > $50.47, its best weekly advance since August. Wild Oats jumped 18

> > percent to $18.43.

> >

> > Analog Devices Inc. had the biggest gain in the S & P 500. The

maker of

> > chips used in mobile phones and cars said January orders were

> > ``encouraging'' after slowing demand had led to a buildup of

> > inventory. The strengthening in orders countered predictions by some

> > analysts that the company would forecast further declines in sales.

> > The shares jumped 12 percent to $36.95, the biggest weekly gain

since

> > August 2003.

> >

> > Chipmakers Climb

> >

> > Other chipmakers also jumped after Analog Devices' forecast. Linear

> > Technology Corp. had the second-best advance in the S & P 500,

climbing

> > 10 percent to $34.46. Texas Instruments Inc., the world's biggest

> > maker of processors for mobile phones, gained 4.7 percent to $32.21.

> >

> > National Semiconductor Corp., whose chips extend battery life in

> > mobile phones, climbed 9.3 percent to $25.50 after Morgan Stanley

> > upgraded the stock on optimism earnings will show ``solid signs of

> > improvement.''

> >

> > A gauge of semiconductor companies in the S & P 500 rose 1.7

percent for

> > the best gain among 24 industry groups.

> >

> > Hewlett-Packard had its biggest weekly decline since July after

> > holiday price cuts on PCs weighed on profit margins and the

company's

> > growth forecast disappointed some investors. The shares dropped 4.6

> > percent to $40.82.

> >

> >

> >

> >

> >

> >

[Guest guest]

Dear Vyas,

 

Thanks for the insight. The support levels are usually based on some

moving averages, and something traders put up as sign posts to

evaluate the strength of movement in financial asset prices. When the

prices without a perceptible reason move through support levels it

reduces the confidence in the asset and can encourage selling and

further decline. The DJIA closed at 12632 yesterday, so it is roughly

300 points over the first support level. It is also possible that the

transits in the SAMVA USA chart manifest as a dramatic turn of events

that surprise the market and precipitate or accelerate a decline.

We'll see.

 

Best wishes,

 

Thor

 

 

SAMVA , " Vyas Munidas " <muni> wrote:

>

> Dear Thor and List,

>

> Technically, 12300 DJIA is first level support. Currently it is +600

points

> higher. Second level support is 11990. Let's see where the next few

week

> finds it.

>

>

> Best regards,

>

> Vyas Munidas

>

>

> -

> " cosmologer " <cosmologer

> <SAMVA >

> Monday, February 26, 2007 5:14 PM

> Re: Stocks have declined moderately in past three

trading

> sessions

>

>

> Dear list members,

>

> Attached are three news stories which reveal increased concerns about

> the outlook for the US economy.

>

> Story 1: Greenspan Warns of Likely U.S. Recession

> Story 2: US mortgage crisis goes into meltdown

> Story 3: U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

>

> That said, even if the share prices have declined a bit they are still

> very high by historical standards. If the SAMVA USA chart is

> authentic, as I believe it is, this is just the beginning of a much

> bigger correction...

>

> Best wishes,

>

> Thor

>

> 1.

> Greenspan Warns of Likely U.S. Recession

> Monday February 26, 8:34 am ET

> Alan Greenspan Warns That U.S. Economy May Slip Into Recession by End

> of Year

>

> HONG KONG (AP) -- Former U.S. Federal Reserve Chairman Alan Greenspan

> warned Monday that the American economy might slip into recession by

> year's end.

>

> He said the U.S. economy has been expanding since 2001 and that there

> are signs the current economic cycle is coming to an end.

>

> " When you get this far away from a recession invariably forces build

> up for the next recession, and indeed we are beginning to see that

> sign, " Greenspan said via satellite link to a business conference in

> Hong Kong. " For example in the U.S., profit margins ... have begun to

> stabilize, which is an early sign we are in the later stages of a

cycle. "

>

> " While, yes, it is possible we can get a recession in the latter

> months of 2007, most forecasters are not making that judgment and

> indeed are projecting forward into 2008 ... with some slowdown, " he

said.

>

> Greenspan said that while it would be " very precarious " to try to

> forecast that far into the future, he could not rule out the

> possibility of a recession late this year.

>

> The U.S. economy grew at a surprisingly strong 3.5 percent rate in the

> fourth quarter of 2006, up from a 2 percent rate in the third quarter.

> A survey released Monday by the National Association for Business

> Economics showed that experts predict economic growth of 2.7 percent

> this year, the slowest rate since a 1.6 percent rise in 2002.

>

> Greenspan also warned that the U.S. budget deficit, which for 2006

> fell to $247.7 billion, the lowest in four years, remains a concern.

>

> " The American budget deficit is clearly a very significant concern for

> all of us that are trying to evaluate both the American economy's

> immediate future and that of the rest of the world, " he said via

> satellite at the VeryGC Global Business Insights 2007 Conference.

>

> Greenspan also said he has seen no economic spillover effects from the

> slowdown in the U.S. housing market.

>

> " We are now well into the contraction period and so far we have not

> had any major, significant spillover effects on the American economy

> from the contraction in housing, " he said.

>

>

>

> 2.

> US mortgage crisis goes into meltdown

> By Ambrose Evans-Pritchard

> Last Updated: 1:15am GMT 24/02/2007

>

> Panic has begun to sweep the sub-prime mortgage sector in the United

> States after the bankruptcy of 22 lenders over the past two months,

> setting off mass liquidation of housing loans packaged as securities.

>

> Reduced sign outside house for sale

> Analysts say the housing bust is pulling America into recession,

> citing a 14.4pc drop in housing starts

>

> The rapid deterioration could not come at a worse time for British

> bank HSBC, which has set aside $10.5bn (£5.4bn) to cover bad loans in

> the US.

>

> The cost of insuring against default on these loans has rocketed in

> recent weeks, from 50 basis points over Libor to 1,200, raising fears

> that a credit crunch could spread to the rest of the property market.

>

> Low-grade BBB-rated securities - measured by the ABX index - have

> crashed from near par of 100 in early November to 72.5 this week.

>

> Peter Schiff, head of Euro Pacific Capital, said the sector was in an

> unstoppable meltdown. " It's a self-perpetuating spiral: as sub-prime

> companies tighten lending they create even more defaults, " he said.

>

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/24/cnusecon24.xml

>

>

> 3.

> U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

> By Eric Martin

>

> Feb. 26 (Bloomberg) -- U.S. stocks extended their weeklong slump as

> persistent concern about mortgage defaults overshadowed the biggest

> leveraged buyout in history.

>

> Citigroup Inc. fell the most since July, sending the Standard & Poor's

> 500 Index to its longest stretch of declines since August. Moody's

> Corp. and McGraw-Hill Cos. retreated on speculation their bond rating

> units will lose business as fewer home loans are turned into securities.

>

> Investors are growing increasingly skeptical banks that lend to the

> riskiest borrowers will achieve profit forecasts after more than a

> dozen closed or were sold in the past three months. Today, shares of

> 74 of 88 companies included in the S & P 500 financial index declined.

>

> ``Whenever you get any problems in the financial sector, it's a

> concern,'' said Joseph Williams, who helps manage $11 billion at

> Commerce Trust Co. in Kansas City, Missouri. ``Some of the brokers and

> banks possibly have more exposure than we perceive. It's something for

> the market to worry about.''

>

> The S & P 500 slipped 1.82, or 0.1 percent, to 1449.37 for its fourth

> day of losses. The Dow average dropped 15.22, or 0.1 percent, to

> 12,632.26, the lowest since Feb. 12. The Nasdaq Composite Index

> decreased 10.58, or 0.4 percent, to 2504.52.

>

> Stocks retreated last week, pushing the Dow to its worst weekly

> decline since August, after a government report showed consumer prices

> rose more than expected, reducing the chances of an interest rate cut.

> Concern that higher rates and weaker home prices will foster mortgage

> defaults also aided the selloff.

>

http://www.bloomberg.com/apps/news?pid=20601087 & sid=adwPNKQB5Lp0 & refer=home

>

>

> SAMVA , " cosmologer " <cosmologer@> wrote:

> >

> > Dear David,

> >

> > You are right, the station of the nodes is potentially harmful

> > especially if it is affecting a sensitive natal position. Without such

> > a contact, the impact would be far less and share prices might not

> > decline. In fact, if the SAMVA USA chart was not authentic and the

> > nodes were not afflicting in the so far undiscovered authentic chart

> > for the USA, then share prices should not really come down much if

> at all.

> >

> > That said, the analysis of the onset of the Great Depression of the

> > 1930s offered a resounding match with regard to the SAMVA USA chart

> > with regard to the influence of the nodes. The nodes were also

> > important for many other such drops. However, as the summary table in

> > that article shows, the influence of L8 Saturn and L6 Jupiter has also

> > been important for a number of such corrections.

> >

> > For a review of that market crash and around ten other major drops in

> > the US stock market please go to:

> >

> > SAMVA

> >

> > then go to the folder: SAMVA USA chart

> >

> > There you will find the pdf file:

> >

> > " SAMVA USA chart and major corrections on Wall Street "

> > A 25 page paper: " Major Corrections on Wall Street - an astrological

> > analysis "

> >

> > At the present time, the nodal station is affecting the even numbered

> > houses, with Rahu on H8 MEP and Ketu on the H2 MEP. The houses of

> > wealth and easy gains are therefore directly being stressed. Moreover,

> > Ketu afflicts H6 and L4 Venus placed therein. This would place a

> > strain on financial stability and fixed assets and communal harmony,

> > not least as Rahu is also afflicting H4. Indeed, we know the real

> > estate market is under a lot of pressure with housing prices

> > declining. As a result, financial institutions that have engaged in

> > sub-prime (risky) lending are going bankrupt. This explains the

> > decline in the stock market in the past week, along with concerns that

> > interest rates are not expected to come down as quickly as earlier

> > thought.

> >

> > In short, you are very correct dear David, that the nodal station is

> > explaining a lot of the pressure. What is more, at the present time,

> > transit L8 Saturn in H1 is also coming into opposition aspect of the

> > natal L2 Sun in H7, which rules the wealth. Making the situation more

> > difficult is the fact that Saturn is being afflicted by L6 Jupiter in

> > transit. Transit Jupiter is also mutually afflicting due to its

> > conjunction to natal Saturn in H5. This situation will likely affect

> > liquidity in the market and pull share prices down as has been

> > predicted on the basis of this chart. The indications are quite

> > adverse and the market should decline quite significantly in coming

> > months as a result. This prediction may be viewed a key test of the

> > SAMVA USA chart.

> >

> > Best wishes,

> >

> > Thor

> >

> >

> >

> > SAMVA , " David Hawthorne " <david@> wrote:

> > >

> > > dear thor...

> > >

> > > i wonder if the stock market problem is due in part to the

> > stationary position of rahu and ketu.

> > >

> > > they have been stationary for about a month, and this may cause some

> > strain and tension, which may intensify throughout the stationary

> > duration through march.

> > >

> > > best wishes,

> > >

> > > david hawthorne

> > > -

> > > cosmologer

> > > SAMVA

> > > Sunday, February 25, 2007 7:17 AM

> > > Re: Stocks have declined moderately in past three

> > trading sessions

> > >

> > >

> > > Dear list members,

> > >

> > > Last week turned out to be the worst week in the stock market

since

> > > last August.

> > >

> > > Best wishes,

> > >

> > > Thor

> > >

> > > Dow Average Has Worst Weekly Drop Since August; Financials Fall

> > >

> > > By Michael Patterson and Eric Martin

> > >

> > > Feb. 24 (Bloomberg) -- The Dow Jones Industrial Average had its

> > > biggest weekly slide since August as rising consumer prices

reduced

> > > the odds of an interest rate cut and concern mounted that mortgage

> > > defaults may reduce profit growth at banks.

> > >

> > > Countrywide Financial Corp., Lehman Brothers Holdings Inc. and

Bear

> > > Stearns Cos. pushed a gauge of financial shares in the Standard &

> > > Poor's 500 Index to its biggest decline in 12 weeks.

Hewlett-Packard

> > > Co. helped drag down the Dow average from a record after the

world's

> > > largest personal-computer maker said price cuts hurt profit

margins.

> > >

> > > The government's latest inflation report reinforced comments

> last week

> > > by Federal Reserve Chairman Ben S. Bernanke that his primary

concern

> > > is fighting inflation. A rise in loan delinquencies among riskier

> > > ``subprime'' borrowers may reduce earnings at financial companies,

> > > which account for 22 percent of the S & P 500 index's value.

> > >

> > > ``The subprime issue has been something a lot of people have been

> > > concerned about, but investors for a while were just ignoring

it,''

> > > said Edward Hemmelgarn, who oversees about $400 million as

president

> > > of Shaker Investments Inc. in Cleveland. ``It tends to create a

> > > cascading effect. The more people start to default, the more

> investors

> > > become risk-averse.''

> > >

> > > In a holiday-shortened week, the Dow industrials dropped 0.9

percent

> > > to 12,647.48, the biggest weekly decline since the period

ended Aug.

> > > 11. The index reached a record 12,786.64 on Feb. 20.

> > >

> > > The Standard & Poor's 500 Index slipped 0.3 percent to 1451.19.

> > >

> > > The Nasdaq Composite Index gained 0.8 percent to 2515.10 after

> mergers

> > > lifted shares XM Satellite Radio Holdings Inc. and Whole Foods

> > Market Inc.

> > >

> > > Iran Concerns

> > >

> > > Investors were also chilled by reports that Iran defied a United

> > > Nations Security Council demand to halt its atomic work. Stocks

> > > extended their declines on Feb. 22 as traders speculated the U.S.

> > > might raise its terror alert. The U.S. Department of Homeland

> Security

> > > said there has been no change in the threat level.

> > >

> > > Consumer prices rose 0.2 percent in January, the Labor

> Department said

> > > on Feb. 21. Prices excluding food and energy climbed 0.3

> percent, the

> > > most since June.

> > >

> > > Economists had forecast a 0.1 percent rise in the consumer price

> index

> > > and a 0.2 percent gain in the so-called core CPI, a survey by

> > > Bloomberg News showed. After the report, interest-rate futures for

> > > August showed traders pared their bets the Fed will cut borrowing

> > costs.

> > >

> > > The price report ``told people they probably shouldn't be

> jumping too

> > > much to the conclusion that the Fed might be cutting rates,'' said

> > > Hemmelgarn.

> > >

> > > Minutes of the Federal Open Market Committee's January meeting

> > > released this week showed policy makers discussed dropping their

> > > inclination to raise interest rates, and then rejected the idea

> > > because inflation remained the ``predominant concern.''

> > >

> > > Financial Shares Drop

> > >

> > > An S & P 500 gauge of financial companies dropped 1.2 percent

for its

> > > biggest weekly decline since the period ended Dec. 1.

> > >

> > > Countrywide Financial, the biggest U.S. mortgage lender, dropped

> for a

> > > third straight week. The shares fell 5.7 percent to $39.33, the

> > > fourth-biggest decline in the S & P 500.

> > >

> > > Subprime-mortgage defaults have been rising nationwide as weaker

> home

> > > prices and higher interest rates make it harder for borrowers to

> > > repay. HSBC Holdings Plc and New Century Financial Corp., the

> largest

> > > U.S. lenders to the riskiest borrowers, this month said profit may

> > > suffer as more loans go sour.

> > >

> > > Lehman, the fourth-biggest U.S. securities firm by market value,

> fell

> > > 4.3 percent to $79.04. Bear Stearns, the sixth- biggest,

dropped 3.5

> > > percent to $161.29. Both banks make loans and repackage them into

> > > securities. New Century's shares tumbled 20 percent to $15.52.

> > >

> > > GM Falls

> > >

> > > General Motors Corp. fell 5.7 percent to $34.26 for the

biggest drop

> > > in the Dow industrials. GMAC LLC, the lender partly owned by

GM, had

> > > ratings on some senior notes lowered by Merrill Lynch analyst

James

> > > Leda, who cited ``the potential for increased volatility'' of its

> > > mortgages to higher-risk borrowers.

> > >

> > > GM, the world's biggest automaker, still owns a 49 percent

stake in

> > > GMAC after selling a majority interest to a group led by Cerberus

> > > Capital Management LP.

> > >

> > > NovaStar Financial Inc., a subprime mortgage lender, on Feb. 20

> posted

> > > a surprise fourth-quarter loss and said it won't make much

money on

> > > its mortgage investments for the next five years. The shares

plunged

> > > 51 percent to $8.48, a level not seen since February 2002.

> > >

> > > ``Everybody is going to try to cash out before this mortgage

> fallout,

> > > and financials are going to be the first to get hit,'' said Billy

> > > Groeneveld, equity markets head trader at vFinance Inc. in Boca

> Raton,

> > > Florida.

> > >

> > > Homebuilders

> > >

> > > Homebuilders also declined, pushing an S & P gauge of the

> companies down

> > > 4.5 percent.

> > >

> > > Toll Brothers Inc. dropped 4.5 percent to $31.60. The largest U.S.

> > > luxury-home builder lowered its fiscal 2007 earnings forecast

> and said

> > > it may deliver fewer homes than it previously predicted.

> > >

> > > D.R. Horton Inc., the second-largest U.S. homebuilder, dropped 4.2

> > > percent to $27.02.

> > >

> > > KB Home fell 4.8 percent to $51.60. The fifth-largest U.S.

> homebuilder

> > > by sales is under criminal investigation by federal

prosecutors over

> > > stock-options backdating that led to the resignation of its chief

> > > executive officer, people familiar with the matter said.

> > >

> > > KB Home Associate General Counsel David Simons declined to

comment.

> > > Assistant U.S. Attorney Alex Bustamante in Los Angeles also

declined

> > > to comment.

> > >

> > > M & A

> > >

> > > XM increased 8 percent to $15.10. Sirius Satellite Radio Inc.

agreed

> > > to buy its pay-radio rival for $4.57 billion to stem billions of

> > > dollars in losses. Mel Karmazin, chief executive officer of

Sirius,

> > > will be CEO of the combined company. The deal will face antitrust

> > > scrutiny and must also be approved by the U.S. Federal

> Communications

> > > Commission. Sirius shares gained 1.1 percent to $3.74.

> > >

> > > Whole Foods, the biggest U.S. natural-foods grocer, surged on

> its plan

> > > to buy rival Wild Oats Markets Inc. for $565 million. Buying

> Wild Oats

> > > will help counter slowing growth at the company, which faced

> > > competition from Safeway Inc., Trader Joe's and other grocery

stores

> > > selling organic and prepared food. Whole Foods gained 8.7

percent to

> > > $50.47, its best weekly advance since August. Wild Oats jumped 18

> > > percent to $18.43.

> > >

> > > Analog Devices Inc. had the biggest gain in the S & P 500. The

> maker of

> > > chips used in mobile phones and cars said January orders were

> > > ``encouraging'' after slowing demand had led to a buildup of

> > > inventory. The strengthening in orders countered predictions

by some

> > > analysts that the company would forecast further declines in

sales.

> > > The shares jumped 12 percent to $36.95, the biggest weekly gain

> since

> > > August 2003.

> > >

> > > Chipmakers Climb

> > >

> > > Other chipmakers also jumped after Analog Devices' forecast.

Linear

> > > Technology Corp. had the second-best advance in the S & P 500,

> climbing

> > > 10 percent to $34.46. Texas Instruments Inc., the world's biggest

> > > maker of processors for mobile phones, gained 4.7 percent to

$32.21.

> > >

> > > National Semiconductor Corp., whose chips extend battery life in

> > > mobile phones, climbed 9.3 percent to $25.50 after Morgan Stanley

> > > upgraded the stock on optimism earnings will show ``solid signs of

> > > improvement.''

> > >

> > > A gauge of semiconductor companies in the S & P 500 rose 1.7

> percent for

> > > the best gain among 24 industry groups.

> > >

> > > Hewlett-Packard had its biggest weekly decline since July after

> > > holiday price cuts on PCs weighed on profit margins and the

> company's

> > > growth forecast disappointed some investors. The shares

dropped 4.6

> > > percent to $40.82.

> > >

> > >

> > >

> > >

> > >

> > >

[Guest guest]

Dear Thor,

 

Yes, good correction - not 600, but 300 points above. Thanks!

 

One more thing on financial markets, if the current combinations are the

driver for the continued oil and gold gains, and USD losses, it is likely

that this intensifies. Previously I had written on the anticipated oil rise

by the Ju-Sa asp and planets transiting Aq when it was hovering above the

$50 mark. It is certainly possible to see $80 in the coming weeks.

 

In the SAMVA USA chart, with the Sun becoming close to the MEP of H8 under

Rahu, and Ju-Sa becoming exact, it will be interesting to see what ceilings

can be broken ($70 is next).Comments from OPEC are usually right on que when

Rahu is involved in.

 

 

Best regards,

 

Vyas Munidas

 

 

-

" cosmologer " <cosmologer

<SAMVA >

Tuesday, February 27, 2007 2:25 AM

Re: Stocks have declined moderately in past three trading

sessions

 

 

Dear Vyas,

 

Thanks for the insight. The support levels are usually based on some

moving averages, and something traders put up as sign posts to

evaluate the strength of movement in financial asset prices. When the

prices without a perceptible reason move through support levels it

reduces the confidence in the asset and can encourage selling and

further decline. The DJIA closed at 12632 yesterday, so it is roughly

300 points over the first support level. It is also possible that the

transits in the SAMVA USA chart manifest as a dramatic turn of events

that surprise the market and precipitate or accelerate a decline.

We'll see.

 

Best wishes,

 

Thor

 

 

SAMVA , " Vyas Munidas " <muni> wrote:

>

> Dear Thor and List,

>

> Technically, 12300 DJIA is first level support. Currently it is +600

points

> higher. Second level support is 11990. Let's see where the next few

week

> finds it.

>

>

> Best regards,

>

> Vyas Munidas

>

>

> -

> " cosmologer " <cosmologer

> <SAMVA >

> Monday, February 26, 2007 5:14 PM

> Re: Stocks have declined moderately in past three

trading

> sessions

>

>

> Dear list members,

>

> Attached are three news stories which reveal increased concerns about

> the outlook for the US economy.

>

> Story 1: Greenspan Warns of Likely U.S. Recession

> Story 2: US mortgage crisis goes into meltdown

> Story 3: U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

>

> That said, even if the share prices have declined a bit they are still

> very high by historical standards. If the SAMVA USA chart is

> authentic, as I believe it is, this is just the beginning of a much

> bigger correction...

>

> Best wishes,

>

> Thor

>

> 1.

> Greenspan Warns of Likely U.S. Recession

> Monday February 26, 8:34 am ET

> Alan Greenspan Warns That U.S. Economy May Slip Into Recession by End

> of Year

>

> HONG KONG (AP) -- Former U.S. Federal Reserve Chairman Alan Greenspan

> warned Monday that the American economy might slip into recession by

> year's end.

>

> He said the U.S. economy has been expanding since 2001 and that there

> are signs the current economic cycle is coming to an end.

>

> " When you get this far away from a recession invariably forces build

> up for the next recession, and indeed we are beginning to see that

> sign, " Greenspan said via satellite link to a business conference in

> Hong Kong. " For example in the U.S., profit margins ... have begun to

> stabilize, which is an early sign we are in the later stages of a

cycle. "

>

> " While, yes, it is possible we can get a recession in the latter

> months of 2007, most forecasters are not making that judgment and

> indeed are projecting forward into 2008 ... with some slowdown, " he

said.

>

> Greenspan said that while it would be " very precarious " to try to

> forecast that far into the future, he could not rule out the

> possibility of a recession late this year.

>

> The U.S. economy grew at a surprisingly strong 3.5 percent rate in the

> fourth quarter of 2006, up from a 2 percent rate in the third quarter.

> A survey released Monday by the National Association for Business

> Economics showed that experts predict economic growth of 2.7 percent

> this year, the slowest rate since a 1.6 percent rise in 2002.

>

> Greenspan also warned that the U.S. budget deficit, which for 2006

> fell to $247.7 billion, the lowest in four years, remains a concern.

>

> " The American budget deficit is clearly a very significant concern for

> all of us that are trying to evaluate both the American economy's

> immediate future and that of the rest of the world, " he said via

> satellite at the VeryGC Global Business Insights 2007 Conference.

>

> Greenspan also said he has seen no economic spillover effects from the

> slowdown in the U.S. housing market.

>

> " We are now well into the contraction period and so far we have not

> had any major, significant spillover effects on the American economy

> from the contraction in housing, " he said.

>

>

>

> 2.

> US mortgage crisis goes into meltdown

> By Ambrose Evans-Pritchard

> Last Updated: 1:15am GMT 24/02/2007

>

> Panic has begun to sweep the sub-prime mortgage sector in the United

> States after the bankruptcy of 22 lenders over the past two months,

> setting off mass liquidation of housing loans packaged as securities.

>

> Reduced sign outside house for sale

> Analysts say the housing bust is pulling America into recession,

> citing a 14.4pc drop in housing starts

>

> The rapid deterioration could not come at a worse time for British

> bank HSBC, which has set aside $10.5bn (£5.4bn) to cover bad loans in

> the US.

>

> The cost of insuring against default on these loans has rocketed in

> recent weeks, from 50 basis points over Libor to 1,200, raising fears

> that a credit crunch could spread to the rest of the property market.

>

> Low-grade BBB-rated securities - measured by the ABX index - have

> crashed from near par of 100 in early November to 72.5 this week.

>

> Peter Schiff, head of Euro Pacific Capital, said the sector was in an

> unstoppable meltdown. " It's a self-perpetuating spiral: as sub-prime

> companies tighten lending they create even more defaults, " he said.

>

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/24/cnusecon24.xml

>

>

> 3.

> U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

> By Eric Martin

>

> Feb. 26 (Bloomberg) -- U.S. stocks extended their weeklong slump as

> persistent concern about mortgage defaults overshadowed the biggest

> leveraged buyout in history.

>

> Citigroup Inc. fell the most since July, sending the Standard & Poor's

> 500 Index to its longest stretch of declines since August. Moody's

> Corp. and McGraw-Hill Cos. retreated on speculation their bond rating

> units will lose business as fewer home loans are turned into securities.

>

> Investors are growing increasingly skeptical banks that lend to the

> riskiest borrowers will achieve profit forecasts after more than a

> dozen closed or were sold in the past three months. Today, shares of

> 74 of 88 companies included in the S & P 500 financial index declined.

>

> ``Whenever you get any problems in the financial sector, it's a

> concern,'' said Joseph Williams, who helps manage $11 billion at

> Commerce Trust Co. in Kansas City, Missouri. ``Some of the brokers and

> banks possibly have more exposure than we perceive. It's something for

> the market to worry about.''

>

> The S & P 500 slipped 1.82, or 0.1 percent, to 1449.37 for its fourth

> day of losses. The Dow average dropped 15.22, or 0.1 percent, to

> 12,632.26, the lowest since Feb. 12. The Nasdaq Composite Index

> decreased 10.58, or 0.4 percent, to 2504.52.

>

> Stocks retreated last week, pushing the Dow to its worst weekly

> decline since August, after a government report showed consumer prices

> rose more than expected, reducing the chances of an interest rate cut.

> Concern that higher rates and weaker home prices will foster mortgage

> defaults also aided the selloff.

>

http://www.bloomberg.com/apps/news?pid=20601087 & sid=adwPNKQB5Lp0 & refer=home

>

>

> SAMVA , " cosmologer " <cosmologer@> wrote:

> >

> > Dear David,

> >

> > You are right, the station of the nodes is potentially harmful

> > especially if it is affecting a sensitive natal position. Without such

> > a contact, the impact would be far less and share prices might not

> > decline. In fact, if the SAMVA USA chart was not authentic and the

> > nodes were not afflicting in the so far undiscovered authentic chart

> > for the USA, then share prices should not really come down much if

> at all.

> >

> > That said, the analysis of the onset of the Great Depression of the

> > 1930s offered a resounding match with regard to the SAMVA USA chart

> > with regard to the influence of the nodes. The nodes were also

> > important for many other such drops. However, as the summary table in

> > that article shows, the influence of L8 Saturn and L6 Jupiter has also

> > been important for a number of such corrections.

> >

> > For a review of that market crash and around ten other major drops in

> > the US stock market please go to:

> >

> > SAMVA

> >

> > then go to the folder: SAMVA USA chart

> >

> > There you will find the pdf file:

> >

> > " SAMVA USA chart and major corrections on Wall Street "

> > A 25 page paper: " Major Corrections on Wall Street - an astrological

> > analysis "

> >

> > At the present time, the nodal station is affecting the even numbered

> > houses, with Rahu on H8 MEP and Ketu on the H2 MEP. The houses of

> > wealth and easy gains are therefore directly being stressed. Moreover,

> > Ketu afflicts H6 and L4 Venus placed therein. This would place a

> > strain on financial stability and fixed assets and communal harmony,

> > not least as Rahu is also afflicting H4. Indeed, we know the real

> > estate market is under a lot of pressure with housing prices

> > declining. As a result, financial institutions that have engaged in

> > sub-prime (risky) lending are going bankrupt. This explains the

> > decline in the stock market in the past week, along with concerns that

> > interest rates are not expected to come down as quickly as earlier

> > thought.

> >

> > In short, you are very correct dear David, that the nodal station is

> > explaining a lot of the pressure. What is more, at the present time,

> > transit L8 Saturn in H1 is also coming into opposition aspect of the

> > natal L2 Sun in H7, which rules the wealth. Making the situation more

> > difficult is the fact that Saturn is being afflicted by L6 Jupiter in

> > transit. Transit Jupiter is also mutually afflicting due to its

> > conjunction to natal Saturn in H5. This situation will likely affect

> > liquidity in the market and pull share prices down as has been

> > predicted on the basis of this chart. The indications are quite

> > adverse and the market should decline quite significantly in coming

> > months as a result. This prediction may be viewed a key test of the

> > SAMVA USA chart.

> >

> > Best wishes,

> >

> > Thor

> >

> >

> >

> > SAMVA , " David Hawthorne " <david@> wrote:

> > >

> > > dear thor...

> > >

> > > i wonder if the stock market problem is due in part to the

> > stationary position of rahu and ketu.

> > >

> > > they have been stationary for about a month, and this may cause some

> > strain and tension, which may intensify throughout the stationary

> > duration through march.

> > >

> > > best wishes,

> > >

> > > david hawthorne

> > > -

> > > cosmologer

> > > SAMVA

> > > Sunday, February 25, 2007 7:17 AM

> > > Re: Stocks have declined moderately in past three

> > trading sessions

> > >

> > >

> > > Dear list members,

> > >

> > > Last week turned out to be the worst week in the stock market

since

> > > last August.

> > >

> > > Best wishes,

> > >

> > > Thor

> > >

> > > Dow Average Has Worst Weekly Drop Since August; Financials Fall

> > >

> > > By Michael Patterson and Eric Martin

> > >

> > > Feb. 24 (Bloomberg) -- The Dow Jones Industrial Average had its

> > > biggest weekly slide since August as rising consumer prices

reduced

> > > the odds of an interest rate cut and concern mounted that mortgage

> > > defaults may reduce profit growth at banks.

> > >

> > > Countrywide Financial Corp., Lehman Brothers Holdings Inc. and

Bear

> > > Stearns Cos. pushed a gauge of financial shares in the Standard &

> > > Poor's 500 Index to its biggest decline in 12 weeks.

Hewlett-Packard

> > > Co. helped drag down the Dow average from a record after the

world's

> > > largest personal-computer maker said price cuts hurt profit

margins.

> > >

> > > The government's latest inflation report reinforced comments

> last week

> > > by Federal Reserve Chairman Ben S. Bernanke that his primary

concern

> > > is fighting inflation. A rise in loan delinquencies among riskier

> > > ``subprime'' borrowers may reduce earnings at financial companies,

> > > which account for 22 percent of the S & P 500 index's value.

> > >

> > > ``The subprime issue has been something a lot of people have been

> > > concerned about, but investors for a while were just ignoring

it,''

> > > said Edward Hemmelgarn, who oversees about $400 million as

president

> > > of Shaker Investments Inc. in Cleveland. ``It tends to create a

> > > cascading effect. The more people start to default, the more

> investors

> > > become risk-averse.''

> > >

> > > In a holiday-shortened week, the Dow industrials dropped 0.9

percent

> > > to 12,647.48, the biggest weekly decline since the period

ended Aug.

> > > 11. The index reached a record 12,786.64 on Feb. 20.

> > >

> > > The Standard & Poor's 500 Index slipped 0.3 percent to 1451.19.

> > >

> > > The Nasdaq Composite Index gained 0.8 percent to 2515.10 after

> mergers

> > > lifted shares XM Satellite Radio Holdings Inc. and Whole Foods

> > Market Inc.

> > >

> > > Iran Concerns

> > >

> > > Investors were also chilled by reports that Iran defied a United

> > > Nations Security Council demand to halt its atomic work. Stocks

> > > extended their declines on Feb. 22 as traders speculated the U.S.

> > > might raise its terror alert. The U.S. Department of Homeland

> Security

> > > said there has been no change in the threat level.

> > >

> > > Consumer prices rose 0.2 percent in January, the Labor

> Department said

> > > on Feb. 21. Prices excluding food and energy climbed 0.3

> percent, the

> > > most since June.

> > >

> > > Economists had forecast a 0.1 percent rise in the consumer price

> index

> > > and a 0.2 percent gain in the so-called core CPI, a survey by

> > > Bloomberg News showed. After the report, interest-rate futures for

> > > August showed traders pared their bets the Fed will cut borrowing

> > costs.

> > >

> > > The price report ``told people they probably shouldn't be

> jumping too

> > > much to the conclusion that the Fed might be cutting rates,'' said

> > > Hemmelgarn.

> > >

> > > Minutes of the Federal Open Market Committee's January meeting

> > > released this week showed policy makers discussed dropping their

> > > inclination to raise interest rates, and then rejected the idea

> > > because inflation remained the ``predominant concern.''

> > >

> > > Financial Shares Drop

> > >

> > > An S & P 500 gauge of financial companies dropped 1.2 percent

for its

> > > biggest weekly decline since the period ended Dec. 1.

> > >

> > > Countrywide Financial, the biggest U.S. mortgage lender, dropped

> for a

> > > third straight week. The shares fell 5.7 percent to $39.33, the

> > > fourth-biggest decline in the S & P 500.

> > >

> > > Subprime-mortgage defaults have been rising nationwide as weaker

> home

> > > prices and higher interest rates make it harder for borrowers to

> > > repay. HSBC Holdings Plc and New Century Financial Corp., the

> largest

> > > U.S. lenders to the riskiest borrowers, this month said profit may

> > > suffer as more loans go sour.

> > >

> > > Lehman, the fourth-biggest U.S. securities firm by market value,

> fell

> > > 4.3 percent to $79.04. Bear Stearns, the sixth- biggest,

dropped 3.5

> > > percent to $161.29. Both banks make loans and repackage them into

> > > securities. New Century's shares tumbled 20 percent to $15.52.

> > >

> > > GM Falls

> > >

> > > General Motors Corp. fell 5.7 percent to $34.26 for the

biggest drop

> > > in the Dow industrials. GMAC LLC, the lender partly owned by

GM, had

> > > ratings on some senior notes lowered by Merrill Lynch analyst

James

> > > Leda, who cited ``the potential for increased volatility'' of its

> > > mortgages to higher-risk borrowers.

> > >

> > > GM, the world's biggest automaker, still owns a 49 percent

stake in

> > > GMAC after selling a majority interest to a group led by Cerberus

> > > Capital Management LP.

> > >

> > > NovaStar Financial Inc., a subprime mortgage lender, on Feb. 20

> posted

> > > a surprise fourth-quarter loss and said it won't make much

money on

> > > its mortgage investments for the next five years. The shares

plunged

> > > 51 percent to $8.48, a level not seen since February 2002.

> > >

> > > ``Everybody is going to try to cash out before this mortgage

> fallout,

> > > and financials are going to be the first to get hit,'' said Billy

> > > Groeneveld, equity markets head trader at vFinance Inc. in Boca

> Raton,

> > > Florida.

> > >

> > > Homebuilders

> > >

> > > Homebuilders also declined, pushing an S & P gauge of the

> companies down

> > > 4.5 percent.

> > >

> > > Toll Brothers Inc. dropped 4.5 percent to $31.60. The largest U.S.

> > > luxury-home builder lowered its fiscal 2007 earnings forecast

> and said

> > > it may deliver fewer homes than it previously predicted.

> > >

> > > D.R. Horton Inc., the second-largest U.S. homebuilder, dropped 4.2

> > > percent to $27.02.

> > >

> > > KB Home fell 4.8 percent to $51.60. The fifth-largest U.S.

> homebuilder

> > > by sales is under criminal investigation by federal

prosecutors over

> > > stock-options backdating that led to the resignation of its chief

> > > executive officer, people familiar with the matter said.

> > >

> > > KB Home Associate General Counsel David Simons declined to

comment.

> > > Assistant U.S. Attorney Alex Bustamante in Los Angeles also

declined

> > > to comment.

> > >

> > > M & A

> > >

> > > XM increased 8 percent to $15.10. Sirius Satellite Radio Inc.

agreed

> > > to buy its pay-radio rival for $4.57 billion to stem billions of

> > > dollars in losses. Mel Karmazin, chief executive officer of

Sirius,

> > > will be CEO of the combined company. The deal will face antitrust

> > > scrutiny and must also be approved by the U.S. Federal

> Communications

> > > Commission. Sirius shares gained 1.1 percent to $3.74.

> > >

> > > Whole Foods, the biggest U.S. natural-foods grocer, surged on

> its plan

> > > to buy rival Wild Oats Markets Inc. for $565 million. Buying

> Wild Oats

> > > will help counter slowing growth at the company, which faced

> > > competition from Safeway Inc., Trader Joe's and other grocery

stores

> > > selling organic and prepared food. Whole Foods gained 8.7

percent to

> > > $50.47, its best weekly advance since August. Wild Oats jumped 18

> > > percent to $18.43.

> > >

> > > Analog Devices Inc. had the biggest gain in the S & P 500. The

> maker of

> > > chips used in mobile phones and cars said January orders were

> > > ``encouraging'' after slowing demand had led to a buildup of

> > > inventory. The strengthening in orders countered predictions

by some

> > > analysts that the company would forecast further declines in

sales.

> > > The shares jumped 12 percent to $36.95, the biggest weekly gain

> since

> > > August 2003.

> > >

> > > Chipmakers Climb

> > >

> > > Other chipmakers also jumped after Analog Devices' forecast.

Linear

> > > Technology Corp. had the second-best advance in the S & P 500,

> climbing

> > > 10 percent to $34.46. Texas Instruments Inc., the world's biggest

> > > maker of processors for mobile phones, gained 4.7 percent to

$32.21.

> > >

> > > National Semiconductor Corp., whose chips extend battery life in

> > > mobile phones, climbed 9.3 percent to $25.50 after Morgan Stanley

> > > upgraded the stock on optimism earnings will show ``solid signs of

> > > improvement.''

> > >

> > > A gauge of semiconductor companies in the S & P 500 rose 1.7

> percent for

> > > the best gain among 24 industry groups.

> > >

> > > Hewlett-Packard had its biggest weekly decline since July after

> > > holiday price cuts on PCs weighed on profit margins and the

> company's

> > > growth forecast disappointed some investors. The shares

dropped 4.6

> > > percent to $40.82.

> > >

> > >

> > >

> > >

> > >

> > >

[Guest guest]

Dear list members,

 

Decline in the stock market has accelerated at the open of trading.

The DJIA has fallen 130 points to 12500. Of course, there is intra-

day volatility to contend with, but the decline of the Chinese stock

exchange seems to have taken the market by surprise. We will see how

the market continues.

 

Best wishes,

 

Thor

 

 

U.S. Stocks Fall; Qualcomm, Coach Decline After China's Plunge

By Marco Bertacche and Eric Martin

 

Feb. 27 (Bloomberg) -- U.S. stocks dropped as a plunge in Chinese

shares sparked a global selloff and raised concern that investors

will dump equities after a four-year bull market.

 

The Standard & Poor's 500 Index declined the most since November as

Qualcomm Inc. and Coach Inc. paced a slide in companies that rely on

demand from the world's fastest-growing major economy. China's

government approved a special task force to clamp down on illegal

share offerings and banned activities after indexes climbed to

records.

 

Stocks also fell after durable-goods orders fell more than forecast

in January, suggesting a reluctance among companies to invest has

carried into 2007. The Commerce Department said orders slumped 7.8

percent following a 2.8 percent gain in December. Orders excluding

transportation equipment slid 3.1 percent.

 

``With some potential signs of cracks, be it China or the durable

goods orders, this might be setting us up for a cooling or a pullback

in the market,'' said Jason Cooper, who helps manage $2.5 billion at

1st Source Investment Advisors in South Bend, Indiana. ``I'm much

more bearish than bullish right now.''

 

The S & P 500 declined 18, or 1.2 percent, to 1431.37 as of 9:38 a.m.

in New York. The benchmark is down for a fifth day, its longest

losing streak since March 2004. The Dow Jones Industrial Average

slipped 120.49, or 1 percent, to 12,511.77. The Nasdaq Composite

Index sank 50.04, or 2 percent, to 2454.48.

 

 

SAMVA , " Vyas Munidas " <muni> wrote:

>

> Dear Thor,

>

> Yes, good correction - not 600, but 300 points above. Thanks!

>

> One more thing on financial markets, if the current combinations

are the

> driver for the continued oil and gold gains, and USD losses, it is

likely

> that this intensifies. Previously I had written on the anticipated

oil rise

> by the Ju-Sa asp and planets transiting Aq when it was hovering

above the

> $50 mark. It is certainly possible to see $80 in the coming weeks.

>

> In the SAMVA USA chart, with the Sun becoming close to the MEP of

H8 under

> Rahu, and Ju-Sa becoming exact, it will be interesting to see what

ceilings

> can be broken ($70 is next).Comments from OPEC are usually right on

que when

> Rahu is involved in.

>

>

> Best regards,

>

> Vyas Munidas

>

>

> -

> " cosmologer " <cosmologer

> <SAMVA >

> Tuesday, February 27, 2007 2:25 AM

> Re: Stocks have declined moderately in past three

trading

> sessions

>

>

> Dear Vyas,

>

> Thanks for the insight. The support levels are usually based on some

> moving averages, and something traders put up as sign posts to

> evaluate the strength of movement in financial asset prices. When

the

> prices without a perceptible reason move through support levels it

> reduces the confidence in the asset and can encourage selling and

> further decline. The DJIA closed at 12632 yesterday, so it is

roughly

> 300 points over the first support level. It is also possible that

the

> transits in the SAMVA USA chart manifest as a dramatic turn of

events

> that surprise the market and precipitate or accelerate a decline.

> We'll see.

>

> Best wishes,

>

> Thor

>

>

> SAMVA , " Vyas Munidas " <munidas@> wrote:

> >

> > Dear Thor and List,

> >

> > Technically, 12300 DJIA is first level support. Currently it is

+600

> points

> > higher. Second level support is 11990. Let's see where the next

few

> week

> > finds it.

> >

> >

> > Best regards,

> >

> > Vyas Munidas

> >

> >

> > -

> > " cosmologer " <cosmologer@>

> > <SAMVA >

> > Monday, February 26, 2007 5:14 PM

> > Re: Stocks have declined moderately in past three

> trading

> > sessions

> >

> >

> > Dear list members,

> >

> > Attached are three news stories which reveal increased concerns

about

> > the outlook for the US economy.

> >

> > Story 1: Greenspan Warns of Likely U.S. Recession

> > Story 2: US mortgage crisis goes into meltdown

> > Story 3: U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by

Financials

> >

> > That said, even if the share prices have declined a bit they are

still

> > very high by historical standards. If the SAMVA USA chart is

> > authentic, as I believe it is, this is just the beginning of a

much

> > bigger correction...

> >

> > Best wishes,

> >

> > Thor

> >

> > 1.

> > Greenspan Warns of Likely U.S. Recession

> > Monday February 26, 8:34 am ET

> > Alan Greenspan Warns That U.S. Economy May Slip Into Recession by

End

> > of Year

> >

> > HONG KONG (AP) -- Former U.S. Federal Reserve Chairman Alan

Greenspan

> > warned Monday that the American economy might slip into recession

by

> > year's end.

> >

> > He said the U.S. economy has been expanding since 2001 and that

there

> > are signs the current economic cycle is coming to an end.

> >

> > " When you get this far away from a recession invariably forces

build

> > up for the next recession, and indeed we are beginning to see that

> > sign, " Greenspan said via satellite link to a business conference

in

> > Hong Kong. " For example in the U.S., profit margins ... have

begun to

> > stabilize, which is an early sign we are in the later stages of a

> cycle. "

> >

> > " While, yes, it is possible we can get a recession in the latter

> > months of 2007, most forecasters are not making that judgment and

> > indeed are projecting forward into 2008 ... with some slowdown, "

he

> said.

> >

> > Greenspan said that while it would be " very precarious " to try to

> > forecast that far into the future, he could not rule out the

> > possibility of a recession late this year.

> >

> > The U.S. economy grew at a surprisingly strong 3.5 percent rate

in the

> > fourth quarter of 2006, up from a 2 percent rate in the third

quarter.

> > A survey released Monday by the National Association for Business

> > Economics showed that experts predict economic growth of 2.7

percent

> > this year, the slowest rate since a 1.6 percent rise in 2002.

> >

> > Greenspan also warned that the U.S. budget deficit, which for 2006

> > fell to $247.7 billion, the lowest in four years, remains a

concern.

> >

> > " The American budget deficit is clearly a very significant

concern for

> > all of us that are trying to evaluate both the American economy's

> > immediate future and that of the rest of the world, " he said via

> > satellite at the VeryGC Global Business Insights 2007 Conference.

> >

> > Greenspan also said he has seen no economic spillover effects

from the

> > slowdown in the U.S. housing market.

> >

> > " We are now well into the contraction period and so far we have

not

> > had any major, significant spillover effects on the American

economy

> > from the contraction in housing, " he said.

> >

> >

> >

> > 2.

> > US mortgage crisis goes into meltdown

> > By Ambrose Evans-Pritchard

> > Last Updated: 1:15am GMT 24/02/2007

> >

> > Panic has begun to sweep the sub-prime mortgage sector in the

United

> > States after the bankruptcy of 22 lenders over the past two

months,

> > setting off mass liquidation of housing loans packaged as

securities.

> >

> > Reduced sign outside house for sale

> > Analysts say the housing bust is pulling America into recession,

> > citing a 14.4pc drop in housing starts

> >

> > The rapid deterioration could not come at a worse time for British

> > bank HSBC, which has set aside $10.5bn (£5.4bn) to cover bad

loans in

> > the US.

> >

> > The cost of insuring against default on these loans has rocketed

in

> > recent weeks, from 50 basis points over Libor to 1,200, raising

fears

> > that a credit crunch could spread to the rest of the property

market.

> >

> > Low-grade BBB-rated securities - measured by the ABX index - have

> > crashed from near par of 100 in early November to 72.5 this week.

> >

> > Peter Schiff, head of Euro Pacific Capital, said the sector was

in an

> > unstoppable meltdown. " It's a self-perpetuating spiral: as sub-

prime

> > companies tighten lending they create even more defaults, " he

said.

> >

> http://www.telegraph.co.uk/money/main.jhtml?

xml=/money/2007/02/24/cnusecon24.xml

> >

> >

> > 3.

> > U.S. Stocks Fall as S & P 500 Drops a 4th Day, Led by Financials

> > By Eric Martin

> >

> > Feb. 26 (Bloomberg) -- U.S. stocks extended their weeklong slump

as

> > persistent concern about mortgage defaults overshadowed the

biggest

> > leveraged buyout in history.

> >

> > Citigroup Inc. fell the most since July, sending the Standard &

Poor's

> > 500 Index to its longest stretch of declines since August. Moody's

> > Corp. and McGraw-Hill Cos. retreated on speculation their bond

rating

> > units will lose business as fewer home loans are turned into

securities.

> >

> > Investors are growing increasingly skeptical banks that lend to

the

> > riskiest borrowers will achieve profit forecasts after more than a

> > dozen closed or were sold in the past three months. Today, shares

of

> > 74 of 88 companies included in the S & P 500 financial index

declined.

> >

> > ``Whenever you get any problems in the financial sector, it's a

> > concern,'' said Joseph Williams, who helps manage $11 billion at

> > Commerce Trust Co. in Kansas City, Missouri. ``Some of the

brokers and

> > banks possibly have more exposure than we perceive. It's

something for

> > the market to worry about.''

> >

> > The S & P 500 slipped 1.82, or 0.1 percent, to 1449.37 for its

fourth

> > day of losses. The Dow average dropped 15.22, or 0.1 percent, to

> > 12,632.26, the lowest since Feb. 12. The Nasdaq Composite Index

> > decreased 10.58, or 0.4 percent, to 2504.52.

> >

> > Stocks retreated last week, pushing the Dow to its worst weekly

> > decline since August, after a government report showed consumer

prices

> > rose more than expected, reducing the chances of an interest rate

cut.

> > Concern that higher rates and weaker home prices will foster

mortgage

> > defaults also aided the selloff.

> >

> http://www.bloomberg.com/apps/news?

pid=20601087 & sid=adwPNKQB5Lp0 & refer=home

> >

> >

> > SAMVA , " cosmologer " <cosmologer@> wrote:

> > >

> > > Dear David,

> > >

> > > You are right, the station of the nodes is potentially harmful

> > > especially if it is affecting a sensitive natal position.

Without such

> > > a contact, the impact would be far less and share prices might

not

> > > decline. In fact, if the SAMVA USA chart was not authentic and

the

> > > nodes were not afflicting in the so far undiscovered authentic

chart

> > > for the USA, then share prices should not really come down much

if

> > at all.

> > >

> > > That said, the analysis of the onset of the Great Depression of

the

> > > 1930s offered a resounding match with regard to the SAMVA USA

chart

> > > with regard to the influence of the nodes. The nodes were also

> > > important for many other such drops. However, as the summary

table in

> > > that article shows, the influence of L8 Saturn and L6 Jupiter

has also

> > > been important for a number of such corrections.

> > >

> > > For a review of that market crash and around ten other major

drops in

> > > the US stock market please go to:

> > >

> > > SAMVA

> > >

> > > then go to the folder: SAMVA USA chart

> > >

> > > There you will find the pdf file:

> > >

> > > " SAMVA USA chart and major corrections on Wall Street "

> > > A 25 page paper: " Major Corrections on Wall Street - an

astrological

> > > analysis "

> > >

> > > At the present time, the nodal station is affecting the even

numbered

> > > houses, with Rahu on H8 MEP and Ketu on the H2 MEP. The houses

of

> > > wealth and easy gains are therefore directly being stressed.

Moreover,

> > > Ketu afflicts H6 and L4 Venus placed therein. This would place a

> > > strain on financial stability and fixed assets and communal

harmony,

> > > not least as Rahu is also afflicting H4. Indeed, we know the

real

> > > estate market is under a lot of pressure with housing prices

> > > declining. As a result, financial institutions that have

engaged in

> > > sub-prime (risky) lending are going bankrupt. This explains the

> > > decline in the stock market in the past week, along with

concerns that

> > > interest rates are not expected to come down as quickly as

earlier

> > > thought.

> > >

> > > In short, you are very correct dear David, that the nodal

station is

> > > explaining a lot of the pressure. What is more, at the present

time,

> > > transit L8 Saturn in H1 is also coming into opposition aspect

of the

> > > natal L2 Sun in H7, which rules the wealth. Making the

situation more

> > > difficult is the fact that Saturn is being afflicted by L6

Jupiter in

> > > transit. Transit Jupiter is also mutually afflicting due to its

> > > conjunction to natal Saturn in H5. This situation will likely

affect

> > > liquidity in the market and pull share prices down as has been

> > > predicted on the basis of this chart. The indications are quite

> > > adverse and the market should decline quite significantly in

coming

> > > months as a result. This prediction may be viewed a key test of

the

> > > SAMVA USA chart.

> > >

> > > Best wishes,

> > >

> > > Thor

> > >

> > >

> > >

> > > SAMVA , " David Hawthorne " <david@> wrote:

> > > >

> > > > dear thor...

> > > >

> > > > i wonder if the stock market problem is due in part to the

> > > stationary position of rahu and ketu.

> > > >

> > > > they have been stationary for about a month, and this may

cause some

> > > strain and tension, which may intensify throughout the

stationary

> > > duration through march.

> > > >

> > > > best wishes,

> > > >

> > > > david hawthorne

> > > > -

> > > > cosmologer

> > > > SAMVA

> > > > Sunday, February 25, 2007 7:17 AM

> > > > Re: Stocks have declined moderately in

past three

> > > trading sessions

> > > >

> > > >

> > > > Dear list members,

> > > >

> > > > Last week turned out to be the worst week in the stock

market

> since

> > > > last August.

> > > >

> > > > Best wishes,

> > > >

> > > > Thor

> > > >

> > > > Dow Average Has Worst Weekly Drop Since August; Financials

Fall

> > > >

> > > > By Michael Patterson and Eric Martin

> > > >

> > > > Feb. 24 (Bloomberg) -- The Dow Jones Industrial Average had

its

> > > > biggest weekly slide since August as rising consumer prices

> reduced

> > > > the odds of an interest rate cut and concern mounted that

mortgage

> > > > defaults may reduce profit growth at banks.

> > > >

> > > > Countrywide Financial Corp., Lehman Brothers Holdings Inc.

and

> Bear

> > > > Stearns Cos. pushed a gauge of financial shares in the

Standard &

> > > > Poor's 500 Index to its biggest decline in 12 weeks.

> Hewlett-Packard

> > > > Co. helped drag down the Dow average from a record after the

> world's

> > > > largest personal-computer maker said price cuts hurt profit

> margins.

> > > >

> > > > The government's latest inflation report reinforced comments

> > last week

> > > > by Federal Reserve Chairman Ben S. Bernanke that his primary

> concern

> > > > is fighting inflation. A rise in loan delinquencies among

riskier

> > > > ``subprime'' borrowers may reduce earnings at financial

companies,

> > > > which account for 22 percent of the S & P 500 index's value.

> > > >

> > > > ``The subprime issue has been something a lot of people

have been

> > > > concerned about, but investors for a while were just

ignoring

> it,''

> > > > said Edward Hemmelgarn, who oversees about $400 million as

> president

> > > > of Shaker Investments Inc. in Cleveland. ``It tends to

create a

> > > > cascading effect. The more people start to default, the more

> > investors

> > > > become risk-averse.''

> > > >

> > > > In a holiday-shortened week, the Dow industrials dropped 0.9

> percent

> > > > to 12,647.48, the biggest weekly decline since the period

> ended Aug.

> > > > 11. The index reached a record 12,786.64 on Feb. 20.

> > > >

> > > > The Standard & Poor's 500 Index slipped 0.3 percent to

1451.19.

> > > >

> > > > The Nasdaq Composite Index gained 0.8 percent to 2515.10

after

> > mergers

> > > > lifted shares XM Satellite Radio Holdings Inc. and Whole

Foods

> > > Market Inc.

> > > >

> > > > Iran Concerns

> > > >

> > > > Investors were also chilled by reports that Iran defied a

United

> > > > Nations Security Council demand to halt its atomic work.

Stocks

> > > > extended their declines on Feb. 22 as traders speculated

the U.S.

> > > > might raise its terror alert. The U.S. Department of

Homeland

> > Security

> > > > said there has been no change in the threat level.

> > > >

> > > > Consumer prices rose 0.2 percent in January, the Labor

> > Department said

> > > > on Feb. 21. Prices excluding food and energy climbed 0.3

> > percent, the

> > > > most since June.

> > > >

> > > > Economists had forecast a 0.1 percent rise in the consumer

price

> > index

> > > > and a 0.2 percent gain in the so-called core CPI, a survey

by

> > > > Bloomberg News showed. After the report, interest-rate

futures for

> > > > August showed traders pared their bets the Fed will cut

borrowing

> > > costs.

> > > >

> > > > The price report ``told people they probably shouldn't be

> > jumping too

> > > > much to the conclusion that the Fed might be cutting

rates,'' said

> > > > Hemmelgarn.

> > > >

> > > > Minutes of the Federal Open Market Committee's January

meeting

> > > > released this week showed policy makers discussed dropping

their

> > > > inclination to raise interest rates, and then rejected the

idea

> > > > because inflation remained the ``predominant concern.''

> > > >

> > > > Financial Shares Drop

> > > >

> > > > An S & P 500 gauge of financial companies dropped 1.2 percent

> for its

> > > > biggest weekly decline since the period ended Dec. 1.

> > > >

> > > > Countrywide Financial, the biggest U.S. mortgage lender,

dropped

> > for a

> > > > third straight week. The shares fell 5.7 percent to $39.33,

the

> > > > fourth-biggest decline in the S & P 500.

> > > >

> > > > Subprime-mortgage defaults have been rising nationwide as

weaker

> > home

> > > > prices and higher interest rates make it harder for

borrowers to

> > > > repay. HSBC Holdings Plc and New Century Financial Corp.,

the

> > largest

> > > > U.S. lenders to the riskiest borrowers, this month said

profit may

> > > > suffer as more loans go sour.

> > > >

> > > > Lehman, the fourth-biggest U.S. securities firm by market

value,

> > fell

> > > > 4.3 percent to $79.04. Bear Stearns, the sixth- biggest,

> dropped 3.5

> > > > percent to $161.29. Both banks make loans and repackage

them into

> > > > securities. New Century's shares tumbled 20 percent to

$15.52.

> > > >

> > > > GM Falls

> > > >

> > > > General Motors Corp. fell 5.7 percent to $34.26 for the

> biggest drop

> > > > in the Dow industrials. GMAC LLC, the lender partly owned by

> GM, had

> > > > ratings on some senior notes lowered by Merrill Lynch

analyst

> James

> > > > Leda, who cited ``the potential for increased volatility''

of its

> > > > mortgages to higher-risk borrowers.

> > > >

> > > > GM, the world's biggest automaker, still owns a 49 percent

> stake in

> > > > GMAC after selling a majority interest to a group led by

Cerberus

> > > > Capital Management LP.

> > > >

> > > > NovaStar Financial Inc., a subprime mortgage lender, on

Feb. 20

> > posted

> > > > a surprise fourth-quarter loss and said it won't make much

> money on

> > > > its mortgage investments for the next five years. The shares

> plunged

> > > > 51 percent to $8.48, a level not seen since February 2002.

> > > >

> > > > ``Everybody is going to try to cash out before this mortgage

> > fallout,

> > > > and financials are going to be the first to get hit,'' said

Billy

> > > > Groeneveld, equity markets head trader at vFinance Inc. in

Boca

> > Raton,

> > > > Florida.

> > > >

> > > > Homebuilders

> > > >

> > > > Homebuilders also declined, pushing an S & P gauge of the

> > companies down

> > > > 4.5 percent.

> > > >

> > > > Toll Brothers Inc. dropped 4.5 percent to $31.60. The

largest U.S.

> > > > luxury-home builder lowered its fiscal 2007 earnings

forecast

> > and said

> > > > it may deliver fewer homes than it previously predicted.

> > > >

> > > > D.R. Horton Inc., the second-largest U.S. homebuilder,

dropped 4.2

> > > > percent to $27.02.

> > > >

> > > > KB Home fell 4.8 percent to $51.60. The fifth-largest U.S.

> > homebuilder

> > > > by sales is under criminal investigation by federal

> prosecutors over

> > > > stock-options backdating that led to the resignation of its

chief

> > > > executive officer, people familiar with the matter said.

> > > >

> > > > KB Home Associate General Counsel David Simons declined to

> comment.

> > > > Assistant U.S. Attorney Alex Bustamante in Los Angeles also

> declined

> > > > to comment.

> > > >

> > > > M & A

> > > >

> > > > XM increased 8 percent to $15.10. Sirius Satellite Radio

Inc.

> agreed

> > > > to buy its pay-radio rival for $4.57 billion to stem

billions of

> > > > dollars in losses. Mel Karmazin, chief executive officer of

> Sirius,

> > > > will be CEO of the combined company. The deal will face

antitrust

> > > > scrutiny and must also be approved by the U.S. Federal

> > Communications

> > > > Commission. Sirius shares gained 1.1 percent to $3.74.

> > > >

> > > > Whole Foods, the biggest U.S. natural-foods grocer, surged

on

> > its plan

> > > > to buy rival Wild Oats Markets Inc. for $565 million. Buying

> > Wild Oats

> > > > will help counter slowing growth at the company, which faced

> > > > competition from Safeway Inc., Trader Joe's and other

grocery

> stores

> > > > selling organic and prepared food. Whole Foods gained 8.7

> percent to

> > > > $50.47, its best weekly advance since August. Wild Oats

jumped 18

> > > > percent to $18.43.

> > > >

> > > > Analog Devices Inc. had the biggest gain in the S & P 500. The

> > maker of

> > > > chips used in mobile phones and cars said January orders

were

> > > > ``encouraging'' after slowing demand had led to a buildup of

> > > > inventory. The strengthening in orders countered predictions

> by some

> > > > analysts that the company would forecast further declines in

> sales.

> > > > The shares jumped 12 percent to $36.95, the biggest weekly

gain

> > since

> > > > August 2003.

> > > >

> > > > Chipmakers Climb

> > > >

> > > > Other chipmakers also jumped after Analog Devices' forecast.

> Linear

> > > > Technology Corp. had the second-best advance in the S & P 500,

> > climbing

> > > > 10 percent to $34.46. Texas Instruments Inc., the world's

biggest

> > > > maker of processors for mobile phones, gained 4.7 percent to

> $32.21.

> > > >

> > > > National Semiconductor Corp., whose chips extend battery

life in

> > > > mobile phones, climbed 9.3 percent to $25.50 after Morgan

Stanley

> > > > upgraded the stock on optimism earnings will show ``solid

signs of

> > > > improvement.''

> > > >

> > > > A gauge of semiconductor companies in the S & P 500 rose 1.7

> > percent for

> > > > the best gain among 24 industry groups.

> > > >

> > > > Hewlett-Packard had its biggest weekly decline since July

after

> > > > holiday price cuts on PCs weighed on profit margins and the

> > company's

> > > > growth forecast disappointed some investors. The shares

> dropped 4.6

> > > > percent to $40.82.

> > > >

> > > >

> > > >

> > > >

> > > >

> > > >