Early Oct excerpt from Arch Crawford's newsletter
posted on
Oct 23, 2008 01:55PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
We have quoted THIS warning over the last few months:
We have been Bullish on Assets in the Ground and particularly
GOLD, METALS, OIL
since April 4, 2001. We are now becoming a bit
more skeptical about much more immediate continuation in the Inflation Hedges,
looking instead for a few more weeks, and possibly
months in correctional phases.
The long term, multi-year Bull Market in REAL things is probably not over, but
this correction is liable to
be longer and deeper than previously experienced.
We judged that the exponential blow-off moves were carried too far recently, and
will
require a more protracted retracement period in both time and price. OCT 3 = Mars enters Scorpio. Diplomacy Fails and Bloodlust begins! Damage through War, Accident, Volcanic explosions. OCT 5-8 = Excruciating amount of planetary energy release – Good and Bad – powerful! OCT 10 = Best bet for Market Crash, plus or minus 3 trading days! (October 7-15) OCT 14 = Full Moon at 22 Aries 3 minutes after NYSE Close – More Market Intensity – Last Full & New Moons were biggest downs! OCT 15 = Mercury returns to forward motion 6 minutes after NYSE Close – Some relief comes out of nowhere?! OCT 17 = Maybe that relief rally carries into Option Expiration. If it follows 1987, it may Crash on Monday Oct. 20?! OCT 24-28 = Best bet for a Market LOW?! Cover some short transactions – Maybe lightly positive from here for a bit. – Careful! OCT 28 = New Moon at 6 Scorpio a couple hours after NYSE Close – New Beginnings? NOV 1 = Neptune Direct Station = affects the Sea, Big OIL, Drugs, deception, the Catholic Church, the Black Race. NOV 3 = Venus forms a T-Square with the Saturn/Uranus opposition – Negative for stocks, Unsociable! NOV 4 = Another WEIRD ELECTION (If we have one) 1
st
of 5 oppositions of Saturn to Uranus =
Bitter battle Conservative vs. Radical – that will go on for two years! Mars squares Neptune = Angry, destructive voters? NOV 13 = Full Moon forms a T-Square with Neptune! GOLD, OIL sharply higher but may be a TOP!
ATTENTION: The CP newsletters are usually mailed 1
st Monday. Next may be Monday, November 10th.
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