MMA Comments for the Week Beginning October 24, 2011
Written by Raymond Merriman
Review and Preview
It was a very ragged but positive week for many of the world's stock indices last week. The Dow Jones Industrial Average, for example, started the week at its highest level since early September at 11,643. By the next day, Tuesday, October 18, it had fallen to 11,296, right into weekly support as defined in our weekly subscription reports. By the end of the week it had advanced to its highest level since the first week of August, thus confirming this as a new primary cycle, as well as a longer-term cycle too. Precious metals also embarked upon a wild ride last week, with Gold rising to 1696.80 last Monday, October 17, its highest level following its stumble to 1535 on September 26. By Thursday, October 20, it was back down, testing the 1600 mark again before recovering smartly on Friday. After trading above 3300 the previous week (October 12), Silver had fallen below 3000 on Thursday, October 20. But then following the announcements of Col. Gadhafi's death and Europe's delay in announcing its comprehensive reform plan to resolve the Euro zone's debt crisis, all financial markets sprang sharply higher on Friday, including equities and precious metals. For precious metals, this is more in line with what was expected from heliocentric Mercury in Sagittarius, October 15-27. For equity markets, we just expected sharp price swings both directions, and we certainly had that last week.
Short-Term GeocosmicsDid you hang on to your seats last week as advised? Then don't let go, because there are more peaks and valleys in store for this week and into the first week of November. Heliocentric Mercury is well into Sagittarius now. But that will end October 27. However, that will not end the volatility and big price swings because the "big daddy" of them all – the Sun in opposition to the biggest planet in the solar system (Jupiter) – occurs October 28. Interestingly enough, Jupiter will also form a long-term trine aspect (120 degree spatial arc) to Pluto, the longest orbiting (dwarf) planet of this solar system. That's a lot of "big stuff" coming up! And just in time too for some big announcements, such as the European leaders announcing their long awaited plan to solve their too long-standing debt crisis. The hope is that this announcement on the European debt crisis will be a real constructive reform plan, as Jupiter in trine to Pluto would suggest (Pluto is reform, Jupiter is big, the trine is considered favorable and with agreement). But the fear is that it will disappoint, for Jupiter is always subject to over-hype and over-estimation of what it brings to the table. In this case, it may promise the equivalent of a hardy, full-bodied, rich wine, only instead to deliver a hangover because the grape was harvested just a little too early or too late. You see, in our work, timing is (almost) everything. The same is true in politics. Instead of green, the banks and the economies of the Euro zone could be seeing more red in its future. And the red doesn't apply just the state of the balance sheet, which is falling deeper and deeper into the "red" zone. It may also apply to the emotio al state of the populations in member countries like Germany and France, which may be "angry red" at their leaders for using their taxpayer monies to bail out countries (like siblings) who just can't or won't change their ways for the betterment of the rest of the "family." The feeling of resentment - and unwillingness of the populace to continue bailing out governments that can't control their spending, create a job-creation climate, and balance their accounts - is all a part of the Uranus-Pluto square coming up in2012-2015. It can be especially critical in Europe, based on the chart of the Euro currency, created January 1, 1999. It can also be especially critical in the United States. In both charts, the Uranus-Pluto square will touch off hard aspects of reform to the natal Sun. Things just won't continue on as before. There will be reforms and they will be painful. But as stated last week, the reforms will be the pain of birth, not death, for it is a waxing square, not a waning one.
Longer-Term ThoughtsSometimes it seems like there is this omniscient Clock Setter in the heavens. Throughout the first half of this year, this column continuously stated that a high in the stock market was ideally due between May 2 and July 22, based on the historical correlation of the Jupiter's transit through the zodiac U.S. equity prices. These studies, going back to the 1870's, yielded a very high correlation to long-term stock market peaks when Jupiter was within 7° of the Aries-Taurus border, known as a "cusp" in the study of astrology. It is also known as an "ingress" when a planet passes from one sign to another. In this case, the stock market peak occurs when Jupiter is within 7° of its ingress into Taurus. This column also pointed out that Jupiter would turn retrograde and return back to 0-7° of Taurus from October 7, 2011 through March 7, 2012. At the time, I commented that either one of these time bands could be the crest of the 4-year cycle: either May 2-July 22, 2011, or October 7, 20-11-March 7, 2012, based on the history of Jupiter's transit through this sector of the heavens. Sure enough, the U.S. stock market (as measured by the Dow Joes Industrial Average) made its high of the year at 12,876 on May 2. It made a double and triple top around 12,750 on July 7 and July 21. From there, the DJIA fell nearly 20% to a low just two weeks ago, on October 4, 2011, at 10,405, just three days before the second time band for a possible 4-year cycle crest began. Then, just like clockwork, the DJIA started its next big rally into October 7-March 7. On Friday, the DJIA closed above 11,800 for the first time since the first week of August. Just two weeks ago everyone was bearish. Now many analysts are forecasting a move to a new yearly high, and some even to a new all-time high. Geocosmics could support either argument, for the Jupiter transit only states that between October 7 and March 7 there will be another important crest. It may or may not take out the high of May 2, 2011. In the field of Financial Astrology, it doesn't matter. It only matters that it makes another long-term cycle crest in this time band, whether it is the crest of a 15.5-month cycle, or the crest of the greater 4-year cycle, is indeterminable at this time via Financial Astrology. A 15.5-month cycle crest does not have to be a higher than the 12,876 high of May 2. A 4-year cycle crest can be. But either way, Financial Astrology strongly suggests that a bear market into 2014-2015 is likely to resume. From our perspective, this is where the study of cycles and technical analysis will come in handy. Combined with knowledge of chart patterns within this new 15.5-month cycle will help us to determine when and what price the next big turn will commence, per the rules laid down in Volume 5 of "The Ultimate Book on Stock Market Timing: Technical Analysis and Price Targets." For now, however, all our subscription services – from the MMA Cycles monthly report, to the position and aggressive traders of the weekly and daily reports - are all long from at least the lows of last Tuesday, and some before then. And some of the more aggressive traders will be taking profits very shortly. After all, the crest of this new 15.5-month cycle can occur at any time between October 7, 2011 and March 7, 2012, according to the studies of Financial Astrology. That is why this subject gives that "edge that all traders seek."
It's that time of the year again! MMA's annual Forecast Book is now being written. The Forecast 2011 Book will be completed in early December and sent out to those who pre-order it by December 15.This year's rate will remain at the same rate it has been for past two years, $55.00 (plus postage, unless ordering the EBook version. The annual Forecasts Book, written by Raymond A. Merriman since 1976, is one of the most unique, affordable, and accurate glimpses into the coming year. Utilizing the study of cycles and geocosmic factors, this annual Forecasts book outlines forthcoming trends pertaining to political, economic, and financial markets throughout the world. Although 2011 is only a little more than 75% over, several forecasts made in the 2011 book have already unfolded. For a list of some of these forecasts, please go to the front page of our web site at www.mmacycles.com and scroll down to "Scorecard for 2011 Forecasts." There you can also place your order for the Forecast 2012 and assure your order goes out in the first mailing of December 15. Or call us at 1-248-626-3034.
The printed version of Forecast 2012 will be translated into several different languages (including English) again this year, and many of these publishers are also offering pre-publication specials as follows: Dutch: at www.markettiming.nl Italian: at www.astrofinanza.com, andhttp://www.astrofinanza.com/mma/shop.html German: at http://www.mma-europe.ch/ Japanese: at http://merriman.jp Russian: at http://www.mmafinance.ru/ Spanish: at www.mmacycles-spanish.com.
Each of these will also offer the English version of Forecast 2012, as will our Chinese distributor at http://www.zzdcycles.com. " I have found the forecast book an excellent 'big picture' planning tool that has helped me catch significant moves in many of the markets discussed. I personally found the book to be written for both professional and novice alike and the depth of Mr Merriman's financial astrology knowledge and insight provides a completing read that will educate a trader long after the forecasts have come and gone. If you're looking for an amazing accurate road map to plan your market positions for the year ahead this book is an absolute must read." - Rob C, Private Futures Trader, Brisbane, Australia. The first of several "Forecasts 2012" speeches will take place in our live webcast to the world on December 18. From the comfort of your own home or office, you can tune in to this first presentation. All you need is a computer (PC) with speakers and internet connection. The cost for this live webcast is $45.00. The starting time will be 1:54 PM, Eastern Time. For information to be a part of this event, go to our got to website at www.mmacycles.com, under EVENTS. Or call us at 1-248-626-3034. Instructions to log in will be sent upon making reservations.
If you are an active short-term trader, or even if you are an investor who likes to keep up with our current thoughts on financial markets, you may be interested in our Weekly or even Daily Market reports with short-term trading recommendations. It is the only way I keep in touch with traders on a daily or even weekly basis, as I no longer offer personal consultations. These reports give in-depth analysis of the DJIA, S&P and NASDAQ futures, Euro currency (cash and futures), Swiss Franc, Dollar/Yen cash and Yen futures, Euro-Yen cash, T-Notes, Soybeans, Crude Oil, Gold and Silver. The daily reports cover all stock indices listed above, as well as futures in Euro, T-Notes, Soybeans, Gold and Silver. Both reports provide trading strategies and recommendations for position traders as well as for shorter-term aggressive traders. Subscription to the daily report also includes the weekly report. For more information, go tohttp://www.mmacycles.com/services, or call our offices at 1-248-626-3034. These reports are extremely valuable to those who trade ETF's (Exchange Traded Funds). In the words of one of our subscribers: "I am really pleased with your recommendations through the Daily and Weekly Trade Recommendations. I have used them to trade gold and silver stocks in my IRA. In the last eight years I increased my account from $60,000 to $712,000. Thanks for your excellent publications." -Bryden C., Small Business Owner, Illinois. "The Ultimate Book on Stock Market Timing, Volume 5: Price Objectives and Technical Analysis" is now out as of just two weeks ago! The comments and reviews are starting to come in, and we will post them here one at a time. Here is one of the first: "I am a long time Merriman Market Analysis Newsletter reader. It has never ceased to amaze me how accurate those levels are given in the newsletter. I often wonder how Ray calculates those levels. By setting up my trades using those levels together with his timing methodology, I have profited greatly. I sincerely feel that Volume 5 of the series finally gives the whole investment community the full story about Ray's lifetime work and the complete description of his financial astrology methodology. It will be a great treasure to all serious market participants." Kenneth Laio, Trader and Chief Technology Officer, Sequoia Media Inc., Beijing, China.
This book took two years to write, which is par for each of the five books of this series that started in 1997. This is a book describing the tools that serious traders that I know use. I use them. Many of my subscribers use them, although not that many know how I calculate price targets to go along with market timing. This book identifies the formulas I personally use to calculate price targets, and the trading plans I find that work using these market timing and technical indicators. This book is packed with powerful tools (signals), and if you take the time to learn these tools properly, your chances of being a successful trader will increase tremendously, IMHO. The book is 300 pages, printed in perfect bind format, gloss cover, 8-1/2" x 11" size. The retail price of this new book is $144.00. If you are interested in this unique and integrated methodology for analyzing and forecasting stock indices, you can save big bucks by ordering all five volumes, or choice of any four now at http://www.mmacycles.com/catalogue/books/the-ultimate-book-on-stock-market-timing-volume-5/, or just go to www.mmacycles.com and scroll down to the announcement. If ordering all five volumes, you will save $99.00! For more information on this book, go to YouTube athttp://www.youtube.com/watch?v=PnplAS5m2AI, describing this new book. It is "the missing link." You may want to check this video out, as it contains some interesting long-term tips.Events:
December 18, 2011: "Webcast" for Forecast 2012!!!" A "Virtual On-line Discussion and Forecasts for 2012 with Ray Merriman!" will take place on Sunday, December 18, 2011, starting at 1:54 PM EST. The cost for this live webcast is $45.00. For information to be a part of this event, go to our got to website at www.mmacycles.com, under EVENTS. Or call us at 1-248-626-3034. Instructions to log in will be sent upon making reservations.
January 6-7, 2012: Zurich Switzerland. "Forecast 2012 Symposia" sponsored by AstroData. January 6 lecture on "Uranus Square Pluto: Consequences of the Debt Crisis for Financial Markets." January 7 workshop on "Financial Astrology and Perspectives for 2012: This workshop will discuss the projection of these studies onto today's financial, markets, including precious metals, equity markets, and currency prices – where are we in the cycle and where are we headed. For more information, go to www.mma-europe.ch or contact ASTRODATA AG, Tel. 41 (0) 43 343 33 66, or firstname.lastname@example.org.
January 21, 2012: Amsterdam, Netherlands. "Forecasts for 2012," 1:00 PM – 3:30 PM, followed by a 60-minute private meeting with MMA Subscribers. Sponsored by Schogt Market Timing and to take place at. Call 31-(0) 294-415-917 for further more information,www.markettiming.nl. orhttp://www.markettiming.nl/en/producten/forecast-2012-amsterdamor, or www.markettiming.nl.
March 1 and 3, 2012: Hong Kong. "Forecast 2012" on Thursday, March 1, and a full day intensive on "Financial Market Timing" on Saturday, March 3, with emphasis on Gold, Silver, Currencies, and Equity Markets for 2012. Organized by Earlthorn.Com at the Excelsior Hotel, Causeway Bay, Hong Kong. Contact Teresa Wong at852-2529 1211 (phone), or by e-mail at email@example.com. A special 90-minute private meeting with MMA Subscribers will follow the workshop on March 3.
March 9-11, 2012: The 12th Annual Balkan International Conference, Belgrade, Serbia. Featuring a pre-seminar workshop on Financial Astrology with Raymond Merriman. For further information on this fantastic gathering, contact www.keplerunited.org.+381-11-267-31-92 or email firstname.lastname@example.org.
April 19 and 21, Boulder, Colorado. "Forecast 2012" with Raymond Merriman, plus a workshop on "Financial Market Timing," focusing on equities and precious metals. Sponsored by ROMA. For more information and registration, contact email@example.com. Once again, a private meeting for MMA subscribers will follow the workshop.
May 24-29, 2012: UAC!!! The world's largest astrological conference. Taking place at the New Orleans Marriott Hotel. Go towww.uacastrology.com. There will be an awesome Financial Track, featuring some of the top Financial Astrologers and researchers in the world. There will be private meeting for MMA on Friday or Sunday evening on the top floor of the Marriott.
Disclaimer and statement of purpose:
The purpose of this column is not to predict the future movement of various financial markets. However, that is the purpose of the MMA (Merriman Market Analyst) subscription services. This column is not a subscription service. It is a free service, except in those cases where a fee may be assessed to cover the cost of translating this column from English into a non-English language.
This weekly report is written with the intent to educate the reader on the relationship between astrological factors and collective human activities as they are happening. In this regard, this report will oftentimes report what happened in various stock and financial markets throughout the world in the past week, and discuss that movement in light of the geocosmic signatures that were in effect. It will then identify the geocosmic factors that will be in effect in the next week, or even month, or even years, and the author's understanding of how these signatures will likely affect human activity in the times to come. The author (Merriman) will do this from a perspective of a cycle's analyst looking at the military, political, economic, and even financial markets of the world.
It is possible that some forecasts will be made based on these factors. However, the primary goal is to both educate and alert the reader as to the psychological climate we are in, from an astrological perspective. The hope is that it will help the reader understand these psychological dynamics that underlie (or coincide with) the news events and hence financial markets of the day.
No guarantee as to the accuracy of this report is being made here. Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions. Reader should understand that futures and options trading are considered high risk.
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Previous weeklies (2006) are archived at www.olmta.com