Toni 18.09.2000, 09:49 |
Merriman Wochenausblick![]() |
This week starts off with heliocentric Mercury and Venus entering Sagittarius, and geocentric Mars entering Virgo. The heliocentric combinations oftentimes coincide with very large price moves. If Friday's solar-lunar reversal date is valid, then we should look for a sharp counter-trend rally to start early this week. But if Friday was not a reversal, then the decline could gather more momentum throughout this week, creating something like a waterfall effect. With the 22.5-month cycle trough still not confirmed, prices could indeed fall sharply now, bottoming any time prior to January. How far could prices fall? Below 9730 in the Dow Jones Industrials would be a minimum target if the 22.5-month cycle trough didn't bottom last March. That cycle is due any time between March 2000 - January 2001, as stated in last year's Forecasts For 2000 book. |