Sepharial was a well-known and respected astrologer in the late 19th and early 20th centuries and wrote numerous books.

CHAPTER IV EFFECTS OF ASPECTS

Except where the inherent natures of conjoined planets are mutually antagonistic, as Saturn and Mars, Neptune and Uranus, or Mars and Jupiter, we may consider the conjunction as being beneficial in its tendency.

Saturn and Uranus

in conjunction produce wars and feuds, depress stocks and share values, and produce national calamities.

Saturn and Jupiter

together bring about useful reforms, constitutional changes, and frequently produce the creation of funds.

Saturn and Mars

bring wars, strife and upheavals, and always tend to depreciate securities. Uranus and Jupiter bring about reforms and financial revisions, reconstruction of stocks and new share issues.

Uranus and Mars

bring about insurrections and revolts, and disturb the existing order of things, thus depleting securities and deflating the markets.

Neptune and Jupiter

produce unsound flotations, the creation of bogus funds, fraudulent schemes, and "rigging." Neptune in any configuration is to be mistrusted, as it tends to produce "wild-cat" schemes or downright frauds.

Mars and Jupiter bring about strong enthusiasms and demonstrations.

So far as the markets are concerned, their influence is reflected in a strong "bull" tendency, highly speculative buying, and a run on stocks and shares governed by the sign they occupy.

The opposition of the planets are uniformly evil on their effects upon securities, and a fall in the share values is always to be seen when the major planets oppose one another, as witness the recent oppositions of Uranus and Neptune in connection with the stocks and industrial shares of those countries under the influence of Cancer and Capricorn.

The quadratures are, of course, evil in their effects, as the trines and sextiles are good. But we lay chief stress upon the nature of the planet occupying a sign, for if Saturn be in a sign whatsoever, the securities related to that sign will not advance, even though Saturn may be well aspected. Taking, then, the simple natures of the planets in their action on the markets, it will be seen that:

Saturn produces depression.

Jupiter: Expansion.

Mars: Activity and enterprise, new developments and flotations.

Venus: Equable buying and selling.

Mercury: Nervousness or confidence, according to its aspect.