1. MARKETS
2. CLINTON
3. EUROPE
4. CADBURY CONTRARY
5. LETTERS
Happy New Year! Markets should be relatively quiet this week. The main cosmic action is next Tuesday with Saturn turning SD (Bye Bye Hong Kong).
I will be on Turner CNN the evening of December 30th.
Astrologically, investors will continue to show no fear (common sense)
for a few more months. However, the clock is ticking and it
is MUCH later than most think.
One example - for the first time since the Depression, the personal
savings rate of Americans is below zero.
Key Dates: December 29
2. We have maintained for some time that Clinton would be impeached by the House and still forecast a 68% probability of his NOT completing office. Astrologically, the Blue Eclipse of July 31 contacts his Pluto and the Solar Eclipse of February is on his Sun. He is under EXTREMELY stressful aspects until well past his 52nd birthday. This may well temper the winter 99 US market. Not only with a weaker US dollar, but it would serve (self) the president well if the markets declined during his trial. The exact opposite situation to the past October.
3. With the birth of the Euro, Europe is bound to become a major competitor to the United States. Europe's business leaders believe the Euro currency eventually will overshadow the American dollar as the world's premier reserve currency within 20 years. One personal favorite for tracking European markets is the work of financial astrologer Jean-Francois Richard. We are pleased to abstract from his Bourse Anticipations with his January preview.
4. From Chris
Cadbury Commentary
"Long term outlook for the stock market is very bullish as the expectations
for 1999 are so low. The 50 analysts in Business Week expect the
Dow will rise only 2.5% to 9268 at midyear and 5.8% to 9567 at year-end
while the S.&P. 500 advances 2.2% to 1230 and the Nasdaq composite
actually loses 1.9% to 2081."
5. Q: What do U use for Nasdaq's b'date?
A: February 5, 1972 9:30 am NYC.
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