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Dear List,

 

Tomorrow should be an interesting day for the markets. There's data coming

out in the NY session that should be a good mover. As the Moon is weak in

Sc, we'll have determined fearlessness that's emoitionally driven. Taken

with the weakness and affliction of Mercury, there should be little regard

for the technical side.

 

Oil has the beneficial influence of the Sun so overall it should remain

buoyant. GOLD has been on the investor-mind since the Mo-Libra transit and

the strength of Venus and Jupiter. (I was looking for a dip in GOLD by

profit taking, but we didn't go beyond $5). USD has been a big loser overall

and next Tuesday with Ra-(weak Ve-Me) affliction and the FOMC meeting (Mo in

the watery half of Cp), we can expect increased volatility. I'll stay out of

the markets for the most part unless some critical levels are broken and the

Ra-Ve affliction starts to separate.

 

The major weakness of Mercury is marked until Thursday 10 Aug; a return to

more rational, technical behaviour should be present afterwards. However,

before the month is over it will be combust again. Added to this is the

transit through Cn, which is never good for a planet due to frequent

dispositor weakness, which makes the mass mind very fickle, sentimental etc.

GL & GT

 

 

Best regards,

 

Vyas Munidas

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