Astrological Forecasts

Heads Up!

The Writer’s Astrological Almanac

by Kathy Watts

March 13 th- 25th times are Pacific Daylight Time

Sun Mar 13 the Moon enters the sign Gemini at 2:03 pm. Make the most of the time from now until next Tuesday afternoon to write, read, communicate, and create ways of expressing what matters to you. Work fast, too!

Tue Mar 15 the Moon leaves Gemini and enters Cancer at 5:57 pm. Get a lot done? Enjoy a good supper, regardless.

Wed Mar 16 the Moon is in Cancer all day. If you work at home, you can get a lot done (though you may need a lot of snacks to see you through).The Moon trines Venus at 2:44 am (sweet dreams!), and trines Neptune at 12:09 pm. This can keep the dreams and ideas coming. Let something plot itself. Fifty-seven minutes later, at 1:06 pm, Jupiter makes a trine with Pluto. This is the sky’s way of reminding us that we are all in this together and we can fix darn near anything, no matter how big or messy. This is a ‘have no fear’ kind of aspect, it’s been applying slowly over the last few months, and will continue to have effect for months to come. Keep up the good work! (continue reading…)

Welcome to the heart of Virgo, a time when we want softer voices, softer touches, and better attention to detail. Not that we get everything we want. (continue reading…)

On Friday, we learned that found out that the all time winner in the ‘get away with financial murder’ department, Goldman Sachs has been sued for fraud by the SEC. You may remember that it was those captains of the universe at GS that created the toxic debt instrument, the Collateral Debt Obligation, better known as CDOs, that nearly wiped out the financial institutions.  GS has a lot of chutzpah, because not only are they said to have helped to create the toxicity, but they also managed to get billions of dollars in  TARP  bailout money.

By Joshua Gallu and Christine Harper

April 16 (Bloomberg) — Goldman Sachs Group Inc. was sued by U.S. regulators for fraud tied to collateralized debt obligations that contributed to the worst financial crisis since the Great Depression. The firm’s shares tumbled as much as 16 percent and financial stocks slumped.

Goldman Sachs created and sold CDOs tied to subprime mortgages in early 2007, as the U.S. housing market faltered, without disclosing that hedge fund Paulson & Co. helped pick the underlying securities and bet against them, the Securities and Exchange Commission said in a statement today. Billionaire John Paulson’s firm earned $1 billion on the trade and wasn’t accused of wrongdoing. The SEC also sued Fabrice Tourre, a Goldman Sachs vice president who helped created the CDOs.

‘ “The product was new and complex but the deception and conflicts are old and simple,” SEC Enforcement Director Robert Khuzami said. “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.”

“Goldman Sachs became emblematic of public outrage at the banking industry after posting a record $13.4 billion profit in 2009, a year after receiving $10 billion in taxpayer aid during the financial crisis.”   More from Bloomberg

Like yours truly, back in 2006 (see Llewellyn’s 2006 Moon Sign Book), Paulson warned investors that the building boom was about to go bust. However, unlike yours truly, Paulson put his money where his mouth was and made a fortune by creating a financial instrument (collateral debt obligation or CDO)  of real estate mortgage based securities (RMBS) that he was betting against.   At first, he lost money, then in 2007, he hit pay dirt – big time. It is estimated in 2007, alone, Paulson & Co. made $15 billion dollars. This transaction, is said to have netted Paulson close to $4 billion dollars.

So where is the fraud?

Not on John Paulson’s part, he has been absolved off all liability in this situation. We need to roll back the clock to 2007. In a nutshell, John Paulson went to Goldman Sachs (as well as other investment banks)  and asked them to ‘create’ (structure) a type of RMBS (special emphasis on the last two letters) that some say was designed to fail. Gary Zuckerman’s book, ‘The Greatest Trade,’ tells us that Paulson shopped around to various banks. Not all of them took the bait.  According to Zuckerman, thinking that Paulson would want especially ‘ugly mortgages,’ Bear Stearns turned him down. There has been the analogy raised that this was like benching your best player, while betting on the opposing team.  While there might be of questionable ethics to create a CDO to fail and then bet against it,  there is hardly anything illegal about that. Investment banks come up with (structure) financial instruments of all types, all the time.

What was the SEC alleges to be fraudulent is that Goldman Sachs,  as well as, their Vice President Fabrice Tourre  not only created the financial instrument, but also prepared the marketing materials, and sold them directly to customers. In addition, and perhaps worst of all, the SEC alleges that Goldman Sachs did not disclose the risk, specifically that hedge fund, Paulson & Co. had a significant bet (short) against this particular financial instrument.

Will this be the end of Goldman Sachs?  Given the heavily restricted resources of the Securities and Exchange Commission and what seems to be the vast resources of Goldman Sachs, I tend to doubt it. However,  given the allegations, it might not be a bad time to check out Goldman Sachs initial public offering. Goldman Sachs went public, that is offered shares in their company stock on May 4th 1999. We use 9:30 a.m., New York, because this is the time that the New York Stock Exchange opened.

Looking at the chart, we see that Cancer rises, making the Moon very important in this chart.  We see that the Moon is in the gambling sign of Sagittarius, placed in the 6th sector of service. In a sense, what G.S. does is to serve the investment community with a host of financial services. The Moon will represent the company, and all who work there.  I have to admit, I was surprised to see a movable sign (Aries, Cancer, Libra and Capricorn) rising. The movable signs are so named because they are very changeable. And as such, when we see one of them rise, because of the speed involved, there is a sense of hyper speed up. Companies with movable signs on the rise, see a lot of action, but there is less stability than I would like to see in a company that has this kind of influence on the markets.

The next thing I look for is what planet or luminary has power over the sign rising coming up in the east. In the case of GS, the company and all who work, therein, and because we are talking about an stock,  not a corporation (which has different rules) and all who own a piece of it, (stockholders) instead of something stable, to bring balance, instead, we see the fluctuating Moon.  Aptly, the Moon is in speculative sign, Sagittarius, in the service sector, indeed that is what Goldman purports to do, serve the banking and investment community. The Moon is in a wonderful relationship with its ruler, Mr. Moneybags, Jupiter.  Luck is always important in the realm of big time finance, or else it wouldn’t have gotten this big to begin with. In addition to owning the company, Jupiter has a lot to say about the upper echelon of the company. We might say that Goldman Sachs has friends in high places, as can be clearly seen by Jupiter’s position in the tail end of the 10th house. The revolving door between GS and government is well known. We have several C.E.Os who left GS to become Secretary of the Treasury.  Jupiter will represent management.

The deal in question went on April 26, 2007. What is intriguing to me is that it looks like management (the 10th) was very anxious for this deal to proceed.  I do not know the particulars, but with Mars, the North Node and Uranus sitting in the house of bigwigs, on that fateful day, while the diminishing Saturn sat in the

As this suit comes about,  Jupiter just happens to be cresting at the 10th house of the stock. In traditional astrology, the 10th house is what we pay for things. Since the 10th house is the top of the chart, the noon position, it might suggest that the stock price is peaking.  It is interesting to note that the deal itself,  went down on April 26 2007. If we look at the transiting planets on that day,  it looks like management might have been a bit too anxious for push this deal through with anxious Mars, and Uranus all right up at the top on that day.  In addition, the planet of  bear markets and diminishing returns, Saturn was not only in their money house (2nd) but also square their money ruler… It looks, at least from an astrological point of view that Goldman Sachs was ‘hot to trot’ for this deal. We have to wonder what kind of other deals GS had made back in 2007.  Were they anxious about some other trades, or where they just greedy or was this just business as usual? We will probably never know. What we do know is that in 2007, Goldman was trading upwards of $250, but in March had dropped quite a bit, and what we also know is that Goldman dropped 13% on Friday. There are now probes taking place in both Great Britain and Germany.  Don’t forget that Goldman is a huge player  in China.

To be continued…..

Market Changes Direction

I don’t have much time, so this has to be brief, but for all my friends, clients and readers, but especially my dear trading buddies, who may be a bit overweight in equities, or ‘long’ etfs; the tide has turned.

Since I so want you all to keep your money, so I am asking each of you to please consider reallocating into more secure positions. If your portfolio is under the guidance of somebody else, please make them aware that market forces are changing. For those who have been trading long, if you have been beaten up, waiting for the recovery to return, try not to be sad. Remember the market goes up, and the market goes down. If you try to go long when you should be going short you lose money. We don’t want to lose money, now do we? Of course not, so if you are long, close your positions into any positive news.

For those who are having trouble understanding this, or who have just parked their money elsewhere. Here is your mantra:

70% of market moves with market

70% of the market moves with the market

70% of the market moves with the market.

Say that over and over again until you get it in your head. We have moved into bear country. You don’t go into bear country without proper precautions, so if you are long equities, then its time to think about the much maligned US Dollar. If you are a trader, get your puts in place. Above all, don’t be afraid to stick with them.

And here is your mantra:

Sell on the good news

Sell on the good news

Sell on the good news

Why? Well several reasons first,  all we have to do is take one look at the Spring Ingess Chart set for 2009. What say you, “2009? That’s long gone, its 2010?”

Modern times mean fast times, so fast we  think, ‘here to day, gone tomorrow.’  Ours is is the study of beginnings. Following Hermes/Thoth, astrologers know that what was written above, will be lived out down here on earth.  We must remember that the first day of spring, is just like the first breath a baby takes. And just as the baby’s destiny is marked out by that breath of prana, so too are the 365 days following the Spring Equinox, marked in that all important chart. It is this nano second that the Western Astrological Tradition is based upon.

Spring Equinox 2009

The first thing we notice is that there are cardinal cusps on all the angles (the 4 corners of the chart). Cardinal signs have the ability to act, and it promises a fast market because of it. The next thing we notice is that the ruler of the chart, is Mars, and he is in a watery house. This may not look very bullish, and indeed, it is not. The first house shows the condition of the people and how the citizenry feel. In this case, and with Aries rising, the grumpy Mars tells us how the people are. Mars in Pisces is a sign of worry. The 12th is a house of loss. This is a sign that the natives are restless, but quiet about it. Since the 12th is a cadent or falling house, they feel helpless. The condition of the people in any chart is important, and might be bad, if we were not looking at the spring chart for hints concerning money. Here we leave the house of the people and look to the money houses, the first, our moveable assets, the 11th, the profits from our businesses, the 8th our debts, and the 5th the stock market, but with this caveat, the stock market is the stock market if you are only in it for fun and games. (continue reading…)

There’s a natural mystic

Blowin’ through the air.

If you listen carefully now you will hear

This could be the first trumpet

Might as well be the last.

Many more will have to suffer.

Many more will have to die.

Don’t ask me why.

Things are not the way they used to be

-Bob Marley

Algol is said to make us lose our heads over trivial matters. However, because the Medusa is binary and eclipsed, and sits in the last decante of Taurus, the most patient of signs, she sometimes looks the other way for too long. Then when she finally reacts, well, she can be likened to a pot of water left to boil for too long. First, it patiently bubbles. Then it stammers, steam protruding in all directions. Finally, the last drop of moisture evaporates, and the pot turns red hot, and bursts into flame. And the rest, is history!

(continue reading…)