Saskatchewan Potash And Mercury

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This chart illustrates the ability for Potash stock to increase and decrease in price that correlates with the rate at which Mercury orbits around the Sun. The upward sloping blue lines (Planetary Fans) track Mercury's rate of orbit around the sun expressed in degrees. The downward sloping blue lines track Mercury's heliocentric movement as well, however price decline speed is increased by using the Gann multiplier of 2x1. In other words, Potash stock falls in price at twice the speed it advances. This rate of increase vs decrease has been noticed in other stocks which I have analyzed in previous postings.

The blue line indicator at the bottom of the chart tracks Mercury's heliocentric declination degrees. The numbers on the indicator coincide with numbers on the chart above. Labels 1, 2, and 3, all label the periods in time when Mercury was at its maximum southern declination. These same periods of time point to major turning points in the price of Potash stock. Labels 4 and 5 indicate periods of time when Mercury was at its maximum northern declination. Note how these periods of time also marked major turning points in the price of potash stock. Labels 6 and 7 indicate the next periods of time when Mercury is at its maximum south & north declination.

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Forecast

Currently there are signs of short term strength in POT. This strength indicates that price could have reached its maximum selling point at the 98.27 target. However, it's not entirely safe to be long this scenario until Feb 12, 2010 passes. Friday, Feb 12 and Monday, Feb 15 still serve as accurate dates for which price could reach its next major target of $85.62. However, as each day passes and price remains above the $98.27 support level, a further decline becomes less and less probable.

Regardless of whether price declines further or stays within its current $10 range, POT is expected to begin a major upward surge beginning around Feb 15, 2010. If the 98.27 target remains as an active support level, a rally is expected to carry the stock up to 130.26 by Mar 26, 2010 OR up to $141.92 by April 9, 2010.

After this final rally takes place, a new bear market is expected in stocks and gold. Early estimates for the end of the bear market in equities points towards around June 2011. If this final rally does not take place, and Potash stock drops down to the 85.62 level then it is likely that we are already in a bear market. The minimum rally from the 85.62 level would take price up to between $97-$101 a share.