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The Mythical Recession
by Kaye Shinker
February, 2008


First let's describe the reality from the astrology point of view.

The whole recession scenario started with Jupiter conjunct Pluto on December 10th, 2007 then Jupiter moved into Capricorn on the same day as Saturn turned retrograde December 20th.

As explained in The Textbook for Financial Astrology there are some 20 aphorisms in financial astrology and Jupiter changing signs is one.

Jupiter changing signs = Put in your stops.
This time there was a precipitous decline of the markets when Jupiter changed signs from Sagittarius to Capricorn. December 20th the Dow 13,245 and hit a low of 11,971 on January 22, 2008.  

When Jupiter changed signs in 2006 this didn't happen, but my statistics show that 80% of the time Jupiter sign changes will push the Dow down for about a month as the focus of the economy changes.

Wall Street decided that Santa would not rescue retail sales and sub prime mortgages were impossible to decipher. Wall Street panicked. The Dow Plunged 1300 points almost 10%. The Jupiter effect was over January 22nd?

Nope!

Astrology kicked the can and Mercury turned retrograde and Mars turned direct.  Two weeks of surprise endings were initiated.

Two weeks of surprise endings
Every event that took place during the two weeks Jan. 27- Feb.10, 2008 had been planned several years in advance: the Federal Reserve meeting, Groundhog Day, the Super Bowl, Mardi Gras, the USA Super Primary elections, the Chinese New Year celebrations, and the Conservative Pac meeting.

Every Astronomical event that took place during the two weeks Jan. 27-Feb. 10, 2008 had been planned eons in advance: Pluto moved into Capricorn, Mercury went retrograde, Mars turned Direct, and the Aquarius New Moon was also an Eclipse.

Let's review the events:

  • The Federal Reserve reduced interest rates to 3.5% on loans to its best customers.
  • The Ground Hog saw his shadow predicting 6 more weeks of winter. Record cold and enormous snowstorms appeared in the Midwest as well as killer tornadoes followed.
  • The Giants upset the Patriots in the Super Bowl.
  • Mardi Gras was a relatively calm celebration (no shootings and a few robberies).
  • The Democratic candidates tied and the Republicans think they've decided.
  • Record Snow Storms in China prevented many New Year celebrations.
  • The Conservative Pac meeting heard the withdrawal speech of a Republican candidate.
  • The FBI arrested a collection of Mafia gangsters.
  • Apple's high of $202 on Dec. 27 plunged to $124 Feb. 8, 2008.
  • Google went from $700 on Jan. 1, 2008 to $500 on Feb. 7, 2008.
  • Microsoft tried to buy Yahoo.
  • The writers strike was settled and all may be right with Prime Time TV?

The Mythical Recession
We left the story of Goldilocks and Santa running hand in hand away from the home of the Three Bears to the land of the mid-night Sun( Antarctica ).
(read about Goldilocks and Santa in Kaye's New Moon Newsletters from December and February, 2008)

Goldilocks prefers things just right.  Santa (U.S. Congress) on the other hand, prefers to give away the store.  It has been an eventful six weeks in the Antarctic climaxed by the Solar Eclipse.

It seems that Mrs. Claus and the Elves flew down for a chat.  They took Goldilocks aside and explained that Santa was bankrupt.  Goldilocks hijacked the sleigh and returned to the sub-prime home of the Three Bears on Wall Street.

As much as things change they often stay the same. Mercury will go direct February 18, 2008.

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