2012 will be an amazing year. We have many cosmic events that will play havoc on the stock market and life. Life will not end in 2012 as the Mayan calendar says, but could humanity be challenged? This new year should see the start of major global changes that will culminate in 2015 and should change the course of world history. It should bring us a different life environment as the functions of society could change radically and the system of governance will inevitably transform into something more modern and acceptable or will it collapse in a painful way for all of us?
We have the Uranus-Pluto square(June 24th and Sept. 19th), 2 solar eclipse's(May 20th and Nov. 13th), solar max all year on the Sun, transit of Venus across the Sun(June 5 & 6) and the great alignment with the center of the milky way / end of the Mayan calendar(Dec 21), all happening this year! I think we will rally in the first quarter and retest the 2011 highs or higher(1400-1530) by March 16th. Sometime in late spring or early summer of 2012, we will start a 2-3 year bear market and retrace 50% or more of the past 3 year rally. I think we could end this year below 1000 on the S&P 500. Raise cash going into March, or hedge your portfolio at the R(resistance) pivots, is my advise.
