Market Prediction by Astro follower....

Ashok Motiani, Financial Astrologer of Indianmarketsastrologer.com said
the stars predict the market may go down to 14,000. He told CNBC-TV18
that the market may see an inital recovery by the end of July or early
August.

Excerpts from CNBC-TV18?s exclusive interview with Ashok Motiani:

*Q: The last time when you came, you told us that 2008 is going to be a
very difficult year. How much more pain is left?*

A: My earlier estimate was that in early January the market will reach
21,000 and then there would be 30% decline by July. But I have changed
my mind because a 30% decline will come to around 15,000. I think it can
go down to 14,000 this time.

*Q: Are the stars telling you this, this time?*

A: Yes.

*Q: When do you see recovery or when do the stars see a recovery?*

A: Soon after the sell-off, which will come in next 45-50 days and some
time by the middle of July, the market should bottom out and that may
give an opportunity to many investors to invest again. It will have
interim rally for a few days or weeks and then again markets may go side
ways till the end of the year. The market?s initial recovery will be at
the end of July or early August.

*Q: Your low point target for the year is 14,500 or do you think by the
time we wrap up the year we might get lower level for the Sensex?*

A: When I came last time and I thought the early January high would be
at 21,000 and lowest would be 18,000 but it went down to 15,000. So this
time I?m not sure whether the low will be 14,000, who knows it can go to
even13,000. I will know only in the middle of June of how low it can go
but the major danger to the stock market lies between June 10 to July 10
or July 11.

*
Q: What about crude and any predictions on that of where that might be
headed?*

A: On crude Mars and Ketu both have been transiting tarkrashi and that
was a very bullish sign for oil. Now they are moving towards each other
till June 14, so oil can remain bullish till that time or even till June
21 as long as Mangal is transiting in tarkrashi. After that there still
is a Mangal-Shani conjunction on July 10 and there is a possibility that
oil can remain firm but only towards the end of July and August. I can
see oil may come down a bit. I must refer to the call by Goldman Sachs
that says that ?within 6-18 months time oil can reach USD 200/bbl.? My
target is USD 100/bbl.

*Q: Do you act on what you foresee and do you act on what the stars tell
you. Do you actually trade in the markets?*

A: I invest in S&P 500, especially the ETF SPY because I don?t have the
time to trade I spend most of my time talking to my clients, so I don?t
have time for this.

*Q: You said the worst period that the market is going to watch out is
between June 10 and July 11 why is that?*

A: There are two conjunctions coming here. One is the Ketu and Mangal
conjunction, which will be coming around June 14-15 and on the July 10
is a Mangal-Shani conjunction. These two major conjunctions are taking
place within 25 days, which is a bit dangerous for the market. Th add to
it Guru has been Vakriya as I had predicted last time. Vakriya Guru in
Dhanu becomes a niche and that has been started from May 1. On my
website Indianmarketsastrologer.com on April 30, I had written that May
has started and I?m bearish now and also mentioned words like fastening
your seat belts, we are heading for a bumpy ride actually it was a
roller coaster ride.

So the market will continue to decline but the market is not going to
crash in May or sometime later. So I think by July 11 or middle of July
the market should have bottomed out and it will bring a fantastic new
opportunity for long-term investors and trading also will be fantastic.
If the market really goes down the way I?m expecting it, then the
interim rally will also be fairly good and then the market can go
sideways but this is how it is going to be

--
Plan Your Work and Work Your Plan to Get Ahead in 2008-2012.....

KKP Investor
------------
Bull Markets are Born on Pessimism,
Grow on Skepticism,
Mature on Optimism, and
Die on Euphoria - Sir John Templeton

Bear Markets are Born on Recessionism,
Grow on Technical-Breakdowns,
Mature on EcoPolitical-nightmares, and
Die on World-Is-Coming-To-An-End - KKP

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