Guest guest Posted December 5, 2008 Report Share Posted December 5, 2008 Dear friends, The stock market volatility has continued as predicted based on the SAMVA USA chart. Of special interest in the recent developments is the sudden collapse of the oil price. It is now forceast to drop to $25 per barrel - after exceeding $150 only a few months ago. Its lowest level in recent years was in 1998, when the oil prices temporarily plunged to $10 per barrel. U.S. Stocks Drop, Led by GM; Exxon Falls on $25 Oil Forecast Dec. 4 (Bloomberg) -- U.S. stocks fell for the first time in three days, pushed down by concern General Motors Corp. may file for bankruptcy and a plunge in energy shares following Merrill Lynch & Co.¢s prediction that oil will hit $25 a barrel. http://www.bloomberg.com/apps/news?pid=20601087 & sid=a1yPHYy6sHHg & refer=home The present development in the price of oil is taking place when transit Saturn has moved into old age in Leo while being under the close aspect of transit Jupiter in old age in Sagittarius. This aspect has taken place earlier in the year when both planets were in full strength. In recent days, transit Sun, the dispositor of Saturn, has in Scorpio come under the afflicting aspect of transit Ketu in Cancer. Likely, this has fed into the sharp decline. In the SAMVA USA chart, these planets are both functional malefics. Moreover, in the chart, natal Saturn afflicts transit Saturn. The oil price is quoted in US dollars and the USA is a large user of oil. We also know that the international financial crisis, which began in the USA, has spread and reduced the dynamism of economic growth in other parts of the world, including the deman for oil. Hence, it may have merit in explaining the development, or at least be consistent with it. It will be interesting to see what happens to the oil price after - transit Jupiter moves into Capricorn next week and its aspect to transit Saturn separates around December 21, 2008 - transit Saturn goes retrograde in Leo and regains strength while moving out of the aspect of natal Saturn in March 2009. Best wishes, Thor Quote Link to comment Share on other sites More sharing options...
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