Comments for the Week Beginning May 18, 2009
Written by Raymond Merriman
Review and Preview
It was certainly a Mercury retrograde type of week. Up one day, down the next, up again, down more. But it is also Saturn turning direct this weekend, so the trend was more down as the week wore on for most indices around the world. Most indices topped out early last week, then fell into their weekly lows on Thursday or Friday. Gold continued its rally throughout most of the week, exceeding 930 on Friday. The same with grains, which rallied almost all week, topped out on Friday and then sold off into the close. The currencies of Europe did the same against the Dollar, although they topped out Wednesday before selling off into Friday. Crude briefly topped $60.00/barrel on Tuesday, but then closed the week slightly above 56.00.
What does it all mean? Well, in the case of Gold and grains, it means they are now vulnerable since they have rallied for several weeks, making new cycle highs into the middle of the Mercury retrograde zone. But in the case of currencies, crude oil, and stocks, they rallied into early last week, and then declined into this weekend’s Saturn stationary signature. Anything that declines in a powerful Saturn signature is a good candidate for seeing a bottom, followed by a reversal. But clearly, we have a lot of conflicting signals in force right now, typical of Mercury retrograde. This is why we suggest only trading very short-term now, for position trading is an experience suited only for masochists – people who enjoy stress - at this time.
Short-Term Geocosmics
We are getting a preview of the forthcoming Jupiter-Neptune conjunction now. On Saturday, May 16, the Sun will square the Jupiter side of this conjunction, and on Sunday it will square Neptune. This is known as a “translation” of the faster moving body (the Sun… well, actually the Earth) to the longer-term planetary signature. Thus the principles of the longer-term aspect will be brought to the forefront. In typical Neptune expression, the stock market has refused to go down sharply. But it doesn’t really soar higher either. It kind of floats around like a helium balloon suspended in the air, waiting for something to push it one way or the other.
Saturn turning direct this weekend is bringing a little more reality into the picture. However, even that may be limited since the actual Jupiter-Neptune conjunction occurs shortly after, May 27, followed by Neptune turning retrograde on May 28, and Mercury turning direct on May 30. It seems like it is mostly Mercury and Neptune for this month. This indicates a lack of clarity for the most part, even with the Saturn station. If anything, one might consider that Saturn is “pricking” the bubble of Jupiter and Neptune early this week. Faith and hope are giving way to criticism and demands for more accountability and truthfulness, and the market is worried. But things might just re-inflate again by the end of this next week. Our focus may have to shift more towards the first half of June, when the Sun will T-square the Saturn-Uranus opposition. That time band will more than likely bring some hard reality back onto the stage, and perhaps a more sustained movement in the world equity markets, instead of just “floating along” the Jupiter-Neptune river to nowhere.
Longer-Term Thoughts
The principles and manifestations of the Jupiter-Neptune conjunction are actually happening now. In fact, they are being reinforced with the Mercury retrograde. Anytime there are hard aspects involving Neptune, it has the potential to be a period of confusion, illusion, and delusion. It is a time when rumors can run rampant, creating a sense of hysteria and panic. It is a time when accusations can be hurled about freely, without any regard for the consequences those allegations may have on the reputations of others. It is also a time when denial and lying can be in evidence, resulting in great embarrassment. With Mercury retrograde, these behaviors may be compounded, for this is a time when words don’t seem to matter too much at all, because everyone denies they said them, or else claims they were misled or misunderstood. The entire period can cause utter confusion, illusion, or delusion.
What is the truth? It comes down to “he said/she said.” And who do you believe? Who do you trust? If you are a Democrat, you probably believe Nancy Pelosi and Barack Obama. If you are a Republican, you probably believe former Vice-President Dick Cheney and the CIA. If you are an independent, you probably think they are all lying, changing their tunes, flip-flopping, and avoiding accountability. You may be frustrated and dismayed by all the unsubstantiated allegations being tossed about. So, was Pelosi briefed on the CIA’s use of water boarding torture (how’s that for a Jupiter-Neptune symbol)? And what is up with Obama’s flip-flop on releasing photos (another domain of Neptune) of the CIA’s enhanced interrogation techniques on alleged terrorist detainees? And now the threat of the ACLU (American Civil Liberties Union) to take the matter to the Supreme Court to force their release, alleging along the way that the Obama administration is not being as transparent and open as he promised during the campaign? Aren’t they supposedly on the same team?
Promises made, and not delivered. Promises made, and then re-explained. Positions taken, and then backed away from. You can drown in the sea of misinformation that is flooding consciousness from the political theatre via the media. It is all part of the downside of the otherwise positive Jupiter-Neptune conjunction coming up. You may not know which side is up or down these days. And if you are really confused, read Janet Napolitano’s new Homeland Security manual that provides a whole new vocabulary of terms we must learn to cope in today’s new world, especially regarding terrorist activity… er…. “man caused disasters.”
But really, this may be the best time of all to just turn off the television, screen out the press and media reports, and either meditate, relax, or go on a vacation. There is little truth to be found out there today, and there is no one you can really believe at this time, except … inside of yourself. Today’s truth is … inside of you. Everyone in the public eye has another agenda right now and for them, the truth is all about fear mongering and convincing you of someone else’s wrongdoing. That’s not truth. That’s malicious gossip, or the dark side of Neptune. And it is likely to be exaggerated even more this week as heliocentric Mercury enters Sagittarius (May 19-30). You want the upside of Jupiter-Neptune? Go have fun, and find the source of happiness that is within you. Only you can create this happiness, whereas tragedies such as man - or nature – caused disasters are outside of your control. That’s the positive message of Jupiter and Neptune, especially under Mercury Rx.
Announcements
This is a good time to sign up for the ISAR 2009 conference, as a window for a wonderful discount closes this weekend. For those interested in learning or improving your understanding of astrology, this fantastic conference in Astrology is going to take place August 19-24, 2009, at the luxurious Oakbrook Hills Marriot Resort, just outside of Chicago (not far from O’Hare Airport). This will be the ISAR (International Society for Astrological Research) 2009 conference, featuring over 80 professional astrologers from all over the world, including Jeff Jawer, Rick Levine, Michael Lutin, Claude Weiss, Nick Campion, Verena Bachmann, and several Financial Astrologers like Christeen Skinner, Robert Hitt, Grace Morris, Roy Gillett, and myself. There will be a whole track on Financial Astrology, and I will be giving a one-day workshop on Financial Astrology, specializing in the Stock and Gold markets, on Monday, August 24. For more information, and registration, please go to www.isar2009.com.
If you are an active short-term trader, 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. 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, T-Notes, Corn, Soybeans, Wheat, Gold and Silver. The daily reports cover all stock indices listed above, as well as futures in Euro, T-Notes, Soybeans, Gold and Silver. Subscription to the daily report also includes the weekly report. For more information, go to http://www.mmacycles.com/services, or call our offices at 1-248-626-3034. ...
... We do have some Spanish translation copies of the Forecast 2009 book available through our Buenos Aires affiliate, and Japanese copies might also still be available through our Tokyo affiliate. We understand there may be English copies available on Amazon.com at prices starting at $149. Pre-publication announcements for the 2010 edition will be announced in late July.
The German version of “Merriman on Market Cycles: The Basics” is now in print. It is also a revision of the earlier work in English. For more information on this book, please go to our German web site at http://www.mma-europe.ch/.
We have added a valuable new feature to our web site. Now, on the very front page, you can get a daily update on the weighted values of the Solar-Lunar cycles for the Dow Jones Industrial Average and the Silver market, via the studies conducted in “The Ultimate Book on Sock Market Timing Vol 4: Solar-Lunar Correlations to Trading Cycles,” and “The Sun, Moon and Silver Market: Secrets of a Silver Trader.” These are the studies I use personally for short-term trading of stock index futures, ETFs (like DIA and Silver fund), and Silver futures. Anything over 100 means it has an above-average correlation to reversing from an isolated high or low if it forms that day. The higher the value, the more probable the reversal. To see these daily values, please go to http://www.mmacycles.com/, and just check it out on the top of the page.
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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