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1987 AUGUST TOP IN STOCKS DÉJÀ VU By Susan Abbott Gidel
PHOTOGRAPHS: (STURGIS) PEEK CREATIVE COLLECTIVE/SHUTTERSTOCK.COM; (BURNING MAN) FLICKR/DANIEL HARTWIG
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hen the S&P 500 topped on Aug. 25, 1987, at 337.89, five of 10 planets were traveling together in the sky in the sign of Virgo—all of them directly opposite three important celestial bodies in Pisces (the Sun, Venus, Mercury). That happens again—for the first time since then—on Aug. 30, 2019. What’s more, in 1987, transiting Saturn was exactly aligned with the placement of Saturn from the 1957 S&P 500 horoscope (see image). In 2019, the horoscope charts look almost identical. The question is whether history will repeat. The Crash of 1987 came on Oct. 19, when the S&P 500 lost 60 points (21%) on the day. From the 1982 bottom at 102 to the 1987 top at 337, the S&P 500 corrected 51% in less than two months. This year, Oct. 24 and Nov. 24 are dates to watch for a similar market-crash astrological setup. Susan Abbott Gidel, author of Trading In Sync With Commodities—Introducing Astrology To Your Financial Toolbox, also edits Red Letter Trading Days, a monthly newsletter.
Will history repeat?
A U GU ST 1–4 Lollapalooza Chicago 2–11 Sturgis Motorcycle Rally Sturgis, SD 5 Gann Day Change in Trend 15–17 Moneyshow* San Francisco 16–18 Woodstock Watkins Glen, NY 17–18 Chicago Air and Water Show Chicago 20–25 The International 2019– DOTA 2 Championship Shanghai 22 Trader Appreciation Day All options & stocks trades free at tastyworks 23–9/1 Chicago Jazz Festival Chicago 24 Futures Symposium* New York
25–9/2 Burning Man Festival Black Rock City, NV 29–30 FiNext Awards & Conference Orlando, FL 30 New Moon in Virgo S&P 1987 top déjà vu *For more information visit tastytrade (events)
august 2019 | luckbox
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