Uranus effect still hanging around. "It ain't over til it's over" -- Yogi Berra
The Baltic Dry Index (replaces the Baltic Freight Index): A composite of the Baltic Capesize, Panamax, Handysize and Supramax indices. The index is designed as the successor to the Baltic Freight Index and was first published on January 4 1985 at 1000 points.Last day of trading yr - Christmas Eve
498.00 - 1,222.00
1 Yr Return
Forget Ur#$%$... start worrying about your own #$%$.
One was 30% and the other 8%. I can't remember which is which. But I do know the 8% is catastrophic enough regardless of which one it was. And the 30%??? Hell, the unemployment rate in the U.S. only dropped 25% during the Great Depression. Don't any of the numbers bother anyone anymore?
It's exactly what you deserve for the extreme hubris in pumping the market up to such ridiculous heights.
I'm not trying to scare anyone or to affect the market. I'm a mere pauper. I'm just telling it as it is.
But I do know this: The ups and downs since 2008 and the eerie repetition of events enumerated in the recent book '1920' is enough to prevent me from dismissing the probability of history repeating... or, according to Mark Twain, at least rhyming.
to its position in October '29, aside from the fact that retrograde motion each year as earth passes it in its orbit. My point is that 84+ years is the average time it takes to return to the exact same location-- as seen from earth; but its position relative to the zodiac is practically unknowable (I don't know of anybody who has done the math for it's actual location relative the the backdrop of the constellations). 84+ years is the AVERAGE. Yogi Berra said it best: "It ain't over 'til it's over."
Oh yeah, and a special "KISS MY #$%$" to Yahoo for blocking my efforts all the way.
You will hear all manner of explanations AFTER it happens. But all of you will know that my explanation was the right one. Sayonara suckers.
Sorry I can't explain it more clearly. Too friggin' much PTSD... not to mention TBI.
So now I can in all good conscience say... don't blame me. I told you so.
What kept throwing me off in recent years was that Uranus almost reached its October '29 position (11 degrees 23 minutes of Aries) in 2012 before going retrograde and it actually reached and surpassed its Oct. '29 position in 2013 and 2014 before going retrograde... as it is also doing this year. What I failed to take into account was this "apparent" turning point from forward to retrograde was only apparent (from our point of view from Earth. It's actual position of 11 deg. 23 min. was when it turned direct in mid-July of 1929 when the markets stopped going up. Even then it's Uranus' position from our perspective on Earth. It looks like Uranus' perspective of Earth's position is the prevailing influence. I don't know enough math to determine that. Sorry. All I know is that Uranus will soon be lined up with Earth and the Sun exactly where it was approximately 84+ years ago. THIS is a fact. You can take that to the bank.
It take Uranus just over 84 years to complete one orbit around the sun... about 84 yrs. and two months. BUT earth passes Uranus in its orbit every year and Uranus seems to go backwards against the distant stars (retrograde) while earth seems to be passing it. Then it resumes moving forward against the universe. Timing is important. Uranus wasn't able to complete the apparent cycle on time before going retrograde; so now- a year late- it must complete the cycle from our point of view. This won't necessarily take place in October; my guess is December. But it WILL complete the cycle from October '29 to the same interstellar location in our time... approximately 84+ years after the crash. It is a fact that Uranus will be exactly where it was relative to earth in October '29, sometime soon. That is not in dispute. That is a simple fact. How it affects the markets is anyone's guess; but I'm not betting it will be good. We've made too many of the same mistakes... on a much larger scale.
'LAW' of supply and demand is nothing more than a slogan. Real laws actually ACT like laws. They (prices) don't go up when the demand is low and down when the demand is up; nor do they go up when the supply is up and down when the supply is down. The law of supply and demand influences economic decisions because too many idiots believe this lie.
They demand more money... and the suckers supply it.
So much for the theory of 'supply and demand'.