Stock Market Biggest Drop Ever, Sept. 29, 2008 plus Notes on Black Tuesday plus Robert Gober
Yesterday's Market was the biggest point loss ever. Dropped more than 700 points. More than half of that happened within minutes of the announcement that the House rejected the Fed's Bail Out Plan. Paulson and Pelosi, both Aries, wanted to move it ahead. The people said no.
The operative word used here yesterday is "Sink." This is how the Media describes the aspects that are influencing the "Drain" of the Horoscope which is the IC. There's an artist, Robert Gober who for years used images of Kitchen Sinks in his drawings and sculptures. Wish I could add the image. Sinks are a very powerful emotional image. It's amazing to see how something that never moves and is useful most of the time can attract such frightening experiences. An example of Artist as Prophet here? As a matter of fact I looked up his chart (Wiki says: Sept. 12, 1954 Wallhingford, CT) and Gober is having a Venus in Scorpio Return right now and has a singleton Pluto in Fire. You can see the intense emotionality. The Transiting Saturn-Uranus opposition is about to hit his Sun in Virgo which maybe opposes a Pisces Moon. He'll have to step up to Whirlpool imagery.
So for astro-sink imagery we have Chiron (Healer who can't heal his own wound), the North Node (Destiny) and Neptune (have to add a Water Planet) who are in conjunction in the sign of Aquarius at the bottom, the pit, the lowest spot, the drain hole of the Astrological Chart Wheel. Aquarius has to add the Shock Factor. Aquarius also rules the circulatory system. What is "Making the Medicine Go Down" so easily is the Trine from the 12th House Planets (More Water imagery of Sinking). 12th house is self-undoing and chronic problems. Mercury Retrograde wants to review that Bail Out Plan. The Bankers and the Government put us into this mess, let them back peddle a bit. I don't have a clue what the Bail Out plan says myself.
During ordinary times, Venus in Scorpio promises Sex. In extraordinary times, Venus in Scorpio promises all kinds of turmoil surrounding money and power plays. I remember listening to a Carolyn Myss audiobook where she explains that, as a general rule, Men Who Don't Make Enough Money Can Suffer Sexual Dysfunction. So, it's often connected. Venus has been unaspected by major aspects the last couple of days. Pluto has been a singleton in Fire.
The Opening Bell Chart has Venus conjunct the Ascendant in Scorpio. Banks in Crisis. Venus disposits to Pluto which is in the 2d House of Banking. I heard that the vote against accepting the Bail Out was at 1:45 and by 2:15 pm the Markets had tanked, dropping immediately about 400 points. They were already down hundreds of points for the day. At 2:00 pm Mars was conjunct the Libra Midheaven by 1 degree. Venus was up in the 10th House approaching conjunction to the Midheaven by 10 degrees (Bankers/Government). Pluto had just passed over the Ascendant by a couple of degrees. The Ascendant had just switched signs over an Aries Point and was at 3 Capricorn. Capricorn, ruled by Saturn, is the Brakes, Caution, Rejection, Government, Delay. This makes the Ruler of the Chart Saturn and Saturn had just moved into the 8th House.
And since Saturn is opposing Uranus right now, that puts Uranus into the 2d House. Shock-o-rama. Just the overtime money that the Media is making right now covering this mess would support the Iraq War for another 3 years. What recession? The World has gone crazy. Don't know if this is true but last night on Larry King I heard Suzy Orman say that the 700 Billion $ Bail Out is nothing compared with the Trillion $ lost in yesterday's market. We have to think big. Really really big. My brain's not that big, I have to admit.
Adding to the fuel was the New Moon in Libra (corrected from earlier error where I said the Sun & Moon were in Aquarius, woof) from the 11th House. (In the Washington DC chart the Sun-Moon was just past the MC and still in conjunction at 2:06pm when the Bailout bill officially failed according to USA Today cover). Sun and Moon are squared by Jupiter which makes the challenge from the square extra big. AT the time of that the Bail Out Plan was rejected, Jupiter in Capricorn was in the 1st House. It was almost as if Fund Managers world wide had planned the drop. Today the Markets were back up a really high amount, something like more than 400 points for the NYSE and almost 100 for the NASDAQ.
Comment about Saturn in yesterday's Opening Bell Chart. I don't know much about Declinations other than to look at them for out-of-bounds planets. I did notice that Saturn is a stand out here as it is the only planet to have a Northern Declination. All the rest of the planets have gone South. I suppose this creates a picture, along with Saturn being most elevated planet in the chart, up in its own 10th House. Government is highlighted. A presidential campaign would have been the normal prediction I guess. Saturn's opposition to Uranus is certainly putting an extra spin on that.
Today's chart for Tuesday, Sept. 30 puts the Moon in conjunction with Mars and Mercury Rx in the 12th House. This conjunction has only trines. Moon-Mars combinations are volatile. Sun at 8 Libra. Venus conjunct ASC. ASC 8 Scorpio. Pluto H2. I would have thought that the Moon-Mars combination would have brought great volatility. In this case it brought the Markets up in a huge leap. Perhaps the trine is an indicator for this.
The Sun will continue to approach a square to Jupiter which will be exact around Oct. 6-8 at 14 Libra/Capricorn. Interesting how the Mercury Retrograde is moving back to be in conjunction with the Sun at the same time. Jupiter will be in House 2 of this chart. It also rules the 2d House.
Sun-Mercury Rx will be trining the NN-Chiron-Neputue conjunction and Neptune will be conjunct the IC to the degree at 22 Aquarius.
Rising Sign will be Scorpio. Venus in Scorpio will still be in conjunction with the Ascendant but will have passed into the 1st House. She will be strongly aspecting most major factors in the chart (apex sextile to Jupiter-Saturn Trine, square to Nodes, Neptune, IC-MC, semi-sextile to Sun-Mercury Rx.)
On Oct. 6, 2008 the Opening Bell Chart will have an out-of-bounds Moon at 5 Capricorn and will be placed in the 2d House within conjunction of Pluto 29 Sagittarius. Jupiter will be in the 2d House at this point as well. The Moon may pass over it as well while the Markets are still open. That would set off the Sun-Mercury Rx as well.
Mercury Rx will still be in effect and so I now get the power of the Mercury Rx and don't know if this is the best time to promote finishing up a deal. Especially since it is squaring Jupiter which is a major indicator for money. But, Venus looks in a better situation to represent herself. Jupiter and Pluto and the Moon are in her House. At least one of her houses; she's a powerful planet.
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Here are some notes I wrote down yesterday about Black Tuesday from The Great Depression, Oct. 29, 1929 9:30am..
Sun 6 Scorpio; ASC 12 Sagittarius; Moon 1 Libra; MC 2 Libra; NN 13 Taurus
Saturn, Uranus, Jupiter, Mercury & Venus on Angles.
Ruler Pluto in H8
Angular Saturn in H1 squaring Moon-MC on Libra Aries Point. Saturn is at 26 Sagittarius (Galactic Center, close to spot where Pluto is now)
Mercury 19 Libra conjunct Venus 12 Libra
Jupiter 16 Gemini conjunct DESC. Gemini is the Markets. Jupiter is now in H3 at Opening Bell.
Uranus is once again aspecting the IC with a wide conjunction. (9 Aries, IC 2 Aries).
Chiron 13 Taurus is conjunct NN 13 Taurus (H5) and opposing Mars 16 Scorpio & Sun 6 Scorpio.
Neptune 4 Virgo is a singleton in Earth.
Labels: Creativity, Finance, Panic Button doesn't work during Mercury Rx