MMA Comments for the Week Beginning November 21, 2011
Written by Raymond Merriman
Review and Preview
As we quickly approach the end of the Sun's passage through the dark and murky waters of Scorpio and the start of a new 30-day journey into the optimistic and exaggerative sign of Sagittarius, we see many signs of.…. uncertainty and confusion. The past four weeks through Scorpio have been no joy ride. But then, when has Scorpio ever been associated with lightness and ease? As we look back over the past month, we see that Greece has hit the wall on its debt problems, which cost it a change of leadership. We see that Italy has hit the wall on its debt burden, and it has led to the resignation of its leadership. We see Spain is on the brink too, along with Portugal and Ireland, in what is being feared as a "contagion" spreading throughout Europe, and even into the United States. Contagion: that's a good word for Scorpio. It is also a good phrase to describe the more serious danger lurking in the future with Uranus and Pluto coming into their 3-year waxing square aspect. It's the main theme of this year's Forecast 2012 Book.
After reaching an intermediate-term high on October 28 (+/- 1 trading day), stock markets around the world have been in a corrective decline ever since. In fact, the lowest price since October 28 was realized this past Friday, November 18, in many indices. About the only three that didn't make a new low for November last week was the Dow Jones Industrial Average, Australia's All Ordinaries, and China's Shanghai Composite. Thus there is the potential for intermarket bullish divergence if these indices can find some traction quickly.
Gold and Silver also exhibited signs of bullish intermarket divergence late last week, after a sharp decline pummeled prices first. Silver fell hard, all the way down to 3094 on Friday morning, well below its 3210 low of November 1. Gold also fell hard, down to 1711 Thursday night and Friday morning. But that was well above its low of November 1 at 1681.20. Crude Oil, on the other hand, just kept rising until Friday. Light Crude reached 103.37/barrel on Thursday, its highest level since May, and quite a recovery from its yearly low at 74.95 on October 4.
Next week is the Thanksgiving holiday in the United States (Thursday, November 24), and the start to the holiday gift purchasing season. Usually this is a bullish season for stocks.
You would also think equity prices could rally next week because the Sun leaves the debt-obsessive sign of Scorpio to the "spending-without-a-care" sign of Sagittarius. The former worries about how it will make to next week, while the latter thinks about how it can score tickets to the Super Bowl or Times Square for New Year's Eve and how it can get onto the most exciting party list (and brag about it). Sagittarius is the risk taker, the gambler, so the collective mood will suddenly turn to thinking about buying in at these low prices in equities (and other markets).
But there are some problems. First off, the "Too Preposterous to Succeed" Congressional Debt-Cutting panel hits its deadline this Wednesday, November 24, or else automatic spending cuts across the board go into effect. Except, they don't really go into effect until January 2013. And of course if these automatic spending cuts are elected, the newly elected lawmakers following the 2012 election can simply elect to rescind them and start all over again. How can this be? Well, it's the same old astrological story we have seen so many time in the last three years. That is, every important piece of legislation comes up as Mercury turns retrograde. And lo and behold, it is happening again. Mercury starts its 3-week retrograde motion on November 23 or 24, depending where you are in the world. Thus we might expect the same fate as every other piece of legislation enacted over the past three years. It will be rewritten, modified, and changed because there simply wasn't enough understanding and consensus to make enough people feel good about what they were deciding. It's bound to be a decision that no one likes, whether they go for it or not. The problem for equity markets is that they don't like this kind of uncertainty generated by politicians, and so the approval of Congress is likely to fall even further – except it can't fall any further after these endless series of no-starts because it is already near single digits.
Do I sound cynical? Well, it is the last days of Scorpio, the part of this sea creature that contains its stinger. And true to form, the more we get into these last few degrees, the more stinging the attacks of the parties on one another as to why this too shall fail. Even if they succeed in reaching an agreement, it is unlikely to please everyone, and maybe not even anyone.
So here is the message of Sagittarius: the markets want to go up. Investors are looking for any reason to buy now as we enter the season of giving. But if they don't get it, then they turn their optimism and buying power into pessimism and selling power. Sagittarius likes things big and loud. They prefer positive over negative. But if it is negative, then let's make it a big negative. Let's have a panic if we can't have a picnic.
All things considered, Financial Astrology is more positive than negative this week. But if it turns negative, watch out. Have you noticed that every week this month has witnessed 400-600 point downturns from isolated highs? Wouldn't it be nice – and appropriate from a Financial Astrology point of view - if that suddenly changed as we start the season of Sagittarius this Tuesday? Why not? The results of the deficit-cutting panel's deadline this week really means nothing. It can all be changed after the election, and given that Mercury is retrograde, no doubt it will be changed. There really is no reason for investors to hold back their buying based on politics or geocosmics right now. It's all going to be good, in a Sagittarian-world view.
Now, how do I score those tickets to the Super Bowl… and that New Year's Eve Party in New York?
Longer-Term Thoughts and Personal Transit Tales
Due to deadline for Forecast 2012 Book coming up, I will have no Longer-Term Thoughts this week or next. For a preview of the Forecast 2012 Book, please see our most recent video athttp://www.youtube.com/RaymondMerriman.
Our new 2012 MMA Catalogue is now out!! You can download this catalogue directly at http://www.mmacycles.com/index.php?option=com_docman&task=cat_view&gid=41&Itemid=63.
We have been extremely hot with our market timing calls and trading recommendations in the past couple of months. 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 position trading and aggressive 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), Dollar/Yen cash and Yen futures, Euro-Yen cash, T-Notes, 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. (He is up another $120,000 in the past two weeks.)
It's that time of the year again! MMA's annual Forecast Book is now being written. The Forecast 2012 Book will be completed in about 10 days, 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 book is delivered via the first mailing of December 15. Or call us at 1-248-626-3034.
If you wish to hear more about this year's Forecast 2012 Book, please visit our YouTube channel athttp://www.youtube.com/RaymondMerriman. There is a new video there highlighting three great market calls from last year's book, plus a preview of this year's book. It should be quite a year coming up!
The printed version of Forecast 2012 will be translated into several different languages (including English) again this year, and many of these publishers are currently 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. "Incredible, this way to look into the future. And certainly as an investor you can enjoy an enormous pleasure to follow the forecasts and act upon it. All praise for this writer." M.C.M. L., daytrader, Grootebroek, The Netherlands.
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 tohttp://www.mmacycles.com/catalogue/multimedia/forecast-2012-live-webcast-december-18,-2011!!!/. Or call us at 1-248-626-3034. Instructions to log in will be sent upon making reservations. Sign up now and reserve your space for the first Forecasts for 2012 presentation of the year!
"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 over the next few weeks. "5.0 out of 5 stars The Ultimate Book on Stock Market Timing Volume 5, October 22, 2011.If you are looking for exactness, this is the book for you. Ray Merriman's books are the most precise information I have yet to experience. He tells you within a 3 day range when to look for reversals in the market. Because he is among many things a Fibonacci expert he tells you exact number pairs to consider. If you desire clarity beyond belief, Ray's work is a must!!" Elexis Rice, trader, review on amazon.com
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 athttp://www.mmacycles.com/catalogue/books/the-ultimate-book-on-stock-market-timing-volume-5/, or just go towww.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.
We also report that this week we sold out of the last copy of Volume 2. It will be rewritten and all the studies therein will be updated next year. In the meantime, we still offer the other 4 volumes. And if you pre-order the updated Volume 2, the cost to do so at this time will be $75.00. Once we get closer to completion, the new price will become $125.00. You may be able to secure a copy of this now out-of-print book on Amazon.com, but I do not know what the price will be there. Usually it is 2-5 times higher than the retail price. There is always a premium on our out-of-print books. They are in great demand – and for a reason!
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.
Copyright MMACycles 2007-2011; you may link to this site or page, but you may not distribute these texts in any way (by email or otherwise).
Previous weeklies (2006) are archived at www.olmta.com