...............Stock Market Forecast: Thursday, October 23, 2008

Thursday, October 23, 2008

STOCK MARKET FORECAST BY KPASTROAKELLA

The negative aspects of planets showing a huge fall in stock markets on Thursday&Friday.THE CHART IS FOR BOMBAY STOCK Exchange

STOCK MARKET FORECAST BY KPASTROAKELLA

According to astrological theories,when ever a planet transits in 29*,in a sign, that planet offers worst results in mundane matters. now in natural zodiac the Pluto transiting in 29*of Sagittarius.and the natural financial lord Jupiter also transiting in Capricorn(debilitated sign).the death &debt planet kills Jupiter power.the node transiting in Aquarius.which is 11th sign in natural zodiac. and Saturn opposition with Uranus getting strength.the business planet Mercury transiting in Libra, but hemmed between two malefic planets.Venus moving towards Pluto,and conjunct with Jupiter and Pluto soon.bcoz of these bad transits of planets the world markets may reach again their new bottom levels soon.i am expecting the worse may continue till 1st week of November.after 6th November the world markets may get some relief.before that the Indian stock markets ,ie:BSE sensex may comedown to 8.5 or 8k soon.after reaching this point again markets moves upward.in my views if sensex reach this bottom level again markets bounces back after 6th November. sensex may gain 3k points in the month of November.now crude will reach $60/61 per barrel.at this point crude get support.now gold coming down day by day. we can expect gold may reach $650 per ounce in coming weeks .if once reach this level good buying will start.

these are my astrological views only.no technical s taken in to consideration.

kpastroakella

Gold Mmarket Timings

New York Market

Market hours (local time)
8:20 AM - 1:30 PM.

New York Futures Division gold futures and options are two ways of trading gold in New York. They provide an important alternative to traditional means of investing in gold such as bullion, coins, and mining stocks.

New York ACCESS MARKET®

Market hours (local time)
2:00 PM - 8:00 AM Mon-Thu
7:00 PM - 8:00 AM Sun.

After-hours futures trading is conducted via the NYMEX ACCESS electronic trading system beginning at 2:00 PM on Mondays through Thursdays and concluding at 8:00 AM the following day. On Sunday, the electronic session begins at 7:00 PM. All times are New York time.

London

Market hours (local time)
8:30 AM - 4:00 PM, with Fixing at 10:30 AM and 3:00 PM.

The metal prices fixed twice a day here, known as London Fixes, are the guidepost for the official gold trading around the world.

Zurich

Market hours (local time)
8:00 AM - 5:00 PM.

The core is the mutual settlement(gold pool) of the three biggest banks in Switzerland.

Hong Kong

Market hours (local time)
8:30 AM - 12:30 PM
2:30 PM - 5:30 PM.

Hong Kong is center of gold trading in the Far East and the Southeastern Asia.

Sydney

Market hours (local time)
9:00 AM - 3:00 PM.

Australia's geographical location is a natural place to maintain the continuity of the spot gold market after New York traders go home and before the Asian traders wake up. Sydney opens up shortly after the NY market closes and overlaps the Hong Kong market.