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The Fall of MF Global

The following is a small excerpt from this weeks Astrology Traders weekend update by Karen Starich. If you would like to know the exact dates and in depth analysis for the markets she covers, you can take advantage of the 30-day risk free trial by clicking the banner below.

The problem for the Federal Reserve with this rare transit and T-Square is their delusions of grandeur get a smack when another transit with Saturn comes in at the same time.   As I wrote on Oct 9th,  Saturn could come in as the jail warden threatening to lock them up!  I believe this is exactly what happened when MF Global was shut down on Monday.  We are most likely just at the beginning of this finance debacle.

The potential for this event to morph into something even bigger is a 11 on a scale of 1 to 10.  Saturn square Jupiter in the Fed chart is in definition a moral crises and also suggests bankruptcy.  Saturn will make another retrograde in 2012 and sit square to the Fed Jupiter from May into July.  June of 2012 will be another very intense time in the markets.  There could be more banks involved and what gets exposed is really not a mini Lehman but actually a Lehman on steroids.  I haven’t even gotten to the Greek mess yet!