Folks - you can better believe I've been wondering what Ray Merriman would say today, after he said one week ago that the markets "broke" during that week then just ended, and the downdraft yesterday made that seem true with finality. As I've described, the wave pattern suggests the markets could go either way on whether "the top" is in. You can always find his MMACycles site in the list at right, for his public comments, articles, and services. Let's see what he's saying this evening:
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Comments for the Week beginning October 5, 2009
written by Raymond Merriman
Review and Preview
The Saturn-Uranus opposition reversal continues. This is yet another example of the effectiveness of Financial Astrology as a valuable tool for market timing. The third of five passages of this powerful 45-year geocosmic cycle unfolded on September 15. As demonstrated in “The Ultimate Book on Stock Market Timing, Vol. 3: Geocosmic Correlations to Trading Cycles,” this signature has an outstanding correspondence to primary cycles (usually crests) in the U.S. stock market within 10 trading days, and usually six days or less. What is more impressive, however, is that it has a 100% historical correlation to 4-year or greater cycles in U.S. stock indices during the entire period it is in effect. Along with the conjunction, it is the only signature we know of that has a 100% correlation. And since a 4-year cycle low occurred on March 6-10, 2009, this signature is again accurate. But it now begs the question: what was the significance of the recent high in world stock indices? Will the Dow Jones Industrial Average plunge approximately 2000 points in the next couple of weeks as it did on the first two passages of November 4, 2008 and February 5, 2009? It has already lost about 5% and 500 points from its high the prior week.
Many stock markets of the world started to rally early last week, with a large number testing their yearly highs of September 17-23. In a couple of cases, new highs were actually made, thus creating multiple instances of intermarket bearish divergence. This occurs when one index in a region makes a new high, but others in that same region do not. This is particularly noteworthy when it happens nearby to a geocosmic critical reversal date, or a major geocosmic signature, such as the Saturn-Uranus opposition of September 15.
In the Eastern Europe, Asia, and the Pacific Rim, we note that yearly highs occurred early last week in the Australian All Ordinaries and India’s Nifty indices. But rallies in the Hang Seng of Hong Kong and the MICEX of Russia failed to exceed their yearly highs of September 17. In Japan, it was even worse, as the Nikkei gapped down. By the end of the week, it was at its lowest level since July, and well off its yearly high of August 31. Except for the NIFTY, all indices sold off sharply into Friday, thus confirming the bearish divergences, and probably the crest of this current primary cycle.
In Western Europe, the London FTSE made a slightly higher new high for the year last Wednesday. But the rallies into Tuesday of last week in the Netherlands AEX, Switzerland SMI, and German DAX fell slightly short of their yearly highs of September 18-22.
In the Americas, the markets also rallied to into Tuesday-Wednesday of last week. But here too, only the Merval index of Argentina made a new high for this year. The Bovespa of Brazil, and the Dow Jones Industrial Average and NASDAQ Composite of the USA fell slightly short of their highs recorded on September 23, six trading days after the Saturn-Uranus opposition.
In other markets, the September 17 highs in Gold and Silver held as well, as did the September 23 high in the Euro and Swiss Franc currencies. However, most disturbing was the U.S. Dollar falling to its lowest level against the Japanese Yen in over 14 years. Market commentators are trying to put a positive spin on this development, saying that it helps our trade balance throughout the world. But at some point other nations will complain that it adversely affects their trade balance, as well as their desire to invest in U.S. markets. In fact, the complaints have already begun, and with transiting Pluto and Saturn to soon adversely aspect Jupiter (trade) in the USA chart, this disturbance could grow if something isn’t done soon to support the Dollar. Pluto is already in opposition to Venus (currency) in the USA chart, with Saturn to begin the same in November. Could there be a run on the U.S. Dollar, with a serious movement to remove its status as the world currency standard? The principles of Financial Astrology indeed support such a possibility in the next 2 years. But as always, just because you have a “bankruptcy aspect” doesn’t mean you have to go bankrupt. You just have to make sure you don’t take on too much debt – more than you can afford – and avoid risky financial decisions. I can’t say that the United States government has adhered – or is adhering - to such discipline, so there is cause for concern.
Short-Term Geocosmics
This past week has begun another tight time band of heavily populated geocosmic signatures, in effect September 29-October 16. As stated last week, “In fact, in those 18 days, there are eight important aspects. Of most importance, however, may be the translation of Venus to the Saturn-Uranus-Pluto T-square of October 9-15. Readers will note that the Sun just finished this same translation September 17-23 and that coincided with the highs for the year in most world equity indices, and the break that happened right at the end. The first thought is that perhaps the move down that just began could end October 9-15. But then a closer look at that period will reveal that the Sun will trine the Jupiter-Neptune conjunction October 10-16, while Jupiter ends its retrograde motion and goes stationary direct date on October 12. These later signatures would appear to be bullish, for the nature of Jupiter and Neptune is akin to “irrational exuberance.” However, as pointed out before, sometimes so much Jupiter and Neptune can coincide with periods of panic and hysteria, even when in a favorable trine aspect. Since the technical picture seems to be deteriorating, traders must be alert to this possible manifestation.”
Although equity markets sold off last week, they didn’t break critical support yet (9100 in the DJIA), so there remains a possibility of yet another rally – unless panic sets in. With transiting Neptune on the Pluto of the New York Stock Exchange (founded May 17, 1792), and square the NYSE Mercury through the end of the year, there is also the possibility of market manipulation from behind the scenes, a troubling interference that may not be discovered for 1-2 years. Maybe we will find out that the urban legend of a “Plunge Protection Team” is not so urban after all.
Longer-Term Thoughts
In the next few weeks, I would like to use this part of the column to discuss the importance of each of the 4 furthest-out planets in our solar system, and how their current position in the heavens might provide insight into these remarkable times we are now experiencing. Let’s start with Pluto, that little dwarf star currently embroiled in an argument as to whether or not it is really a planet. So far, only the state of Illinois – plus almost the entire community of worldwide astrologers - recognizes it as a planet these days. But it does have a 248-year orbit around the Sun and it does correlate with profound changes in the lives of individuals – and nations – when it forms a “hard aspect” (spatial mathematical angle) to one’s natal planetary positions. On January 26, 2008, it entered the tropical constellation of Capricorn, where it will remain mostly through 2024. This is a good place to start our discussion because Pluto’s transit into Capricorn was the start of the important “Cardinal Climax,” which peaks in 2010, but is very powerful from 2008 through 2015. For more on “The Cardinal Climax,” visit our website at www.mmacycles.com.
As discussed many times in the past, Pluto is the principle of death, debt, taxes, termination, removal, revelation, and rebirth. Capricorn relates to the principles of authority, government, structure, responsibility and accountability. Think of Pluto as power and force, while Capricorn as resistance and control. But Capricorn also represents ethics and honor. When Pluto makes its 16-year journey through Capricorn every 248 years, it is a time when structures and controls can break down, especially in government, but as well in banking and business. It is a time of cleansing anything that no longer works, but also a time of purging anything and anybody who has tried to abscond with control in a forcible but usually dishonest manner. This is a time when you see dictators rise to power, build clandestine armies and “goon” squads to spy on and control its citizens (or subjects) through fear. They secretly organize assassinations of their rivals. It is a time when control-hungry leaders may attempt to override a nation’s constitution and garner total control of that nation’s resources, and government. But it is also a time when the populace becomes aware of these egoistic drives. They reveal the clandestine efforts, and oftentimes succeed in overthrowing these dictatorial leaders – sometimes before and sometimes after they create great damage and havoc. The thing to understand is that corruption is rampant, but corruption is exposed, and before it is all over, a purging of those who have used fear and violence to attain their status is usually accomplished. But the question to ask as Pluto enters Capricorn is: how and why does the majority of a population lose their power? Why do they accept the leadership of someone who does not have the best interest of the community in mind?
There is a cliché that has become annoyingly popular amongst market and political commentators lately. It is where so many begin the sentence with, “At the end of the day…” Well, at the end of the day, darkness comes. This is symbolic of Pluto entering Capricorn. It is as if it is “the end of the day,” or “the end of an era.” It is not much better than the previous mantra of Pluto in Sagittarius (the previous sign of Pluto), which began each sentence with the term, “Clearly,” when nothing “clear” ever turned out the way the speaker suggested it would. What we are finding out is that “words matter,”… sometimes. As Pluto enters Capricorn, we may find out that “words matter” only insomuch as they reveal an opposite intention on the part of the speaker who utters them. What matters more is behavior and actions, because we are finding out that “words matter” only when they are truth, and backed up with intention and actions that support the words. With Pluto in Capricorn, you can be certain that leaders will be held accountable for the words they speak these days. If they “walk their talk,” they will be given power. If they continually break their promises and agreements, especially to their citizens and allies, they will lose their power. It will bring down an era, and there will be a “rebirth of necessity.”
To be continued…
Announcements
The October issue of the SOS Global Stock Market Cycles Report will come out this week It will be posted on our web site for download by subscribers by Tuesday night, and available by email to others either later Tuesday night or Wednesday. The German edition comes out Wednesday. This report covers the long-term as well as intermediate and short-term outlook for the USA stock market (DJIA and NASDAQ Composite). It then covers the intermediate and shorter-outlook for the XAU Gold and Silver mining index, the German DAX, Netherlands AEX, Hang Seng of Hong Kong, Australia’s All Ordinaries. The German translation of this report will come out Wednesday and will include analysis of the Swiss SMI stock index. This is our only subscription report that gives detailed discussion on geocosmic variables that are present and forthcoming. For subscription information, please go to SERVICES at www.mmacycles.com. Also note that if you subscribe before October 15, you will lock in current rates before our prices increase. Save big bucks and subscribe now for the next year.
Speaking of lower rates…. All of our subscription reports will be increasing after October 15. Not only that, but right now our once-a-year fall special for some of the MMA subscription reports is currently going on! If you are an active short-term trader, you will be interested in the special offer now for MMA’s Weekly and/or Daily Market reports. If you order a year’s subscription to any of these reports with the 2010 Forecast Book prior to October 15, you will receive a 10% discount off the current price. After that, the prices for our daily and weekly reports will increase by 20-50% and the discount period will come to an end. The full MMA Weekly report, for example is currently $1000/year, and will increase to $1500/year after October 15. But prior to that, the cost will be 10% off $1000, or $900, if ordering with Forecast 2010. The MMA Daily Update report currently costs $2500.00/year. With the 10% discount, it is available for $2250.00. After October 15, the yearly subscription will increase to $3250.00. Additionally, by subscribing now, you will lock into these current rates for future renewals too! These reports represent the only way I keep in touch with traders on a daily or weekly basis. The weekly report provides 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, Soybeans, Gold and Silver. On October 15, we will also add Crude Oil. 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. In the words of one of our subscribers: “I recently subscribed to your weekly report and am finding it to be excellent and a very useful companion to the MMA Cycles Report. I can't imagine now managing my investments without them.” Save big bucks and order now, before the special offer ends in two weeks.
It’s that time of the year again! Pre-publication orders for next year’s annual Forecast 2010 Book can now be placed. And once again there will be a discount to those who order before October 15. The retail price of the Forecast 2010 Book will be $55.00 this year. However, for orders placed before October 15, the special pre-publication rate is $45.00 (plus postage). Although 2009 is only approximately half over, the 2009 book has already been one the most accurate of all that have been written in the past 33 years. A list of many of those forecasts outlined in the 2009 book that have already come to pass is listed on our web site at www.mmacycles.com. And the critical reversal dates given for at least three of the markets have been extremely accurate, including the high and low of the year in many markets. As always, the book is published and mailed out around December 15. Please note that the Forecast books have sold out by the end of February in three of the past 4 years. So, order now and save big bucks, and also make sure you reserve a copy before they sell out! Once they are gone, they are gone. There are no second printings. This year we are pleased to announce that you may order the Forecast 2010 book in five other languages besides English, as follows: Japanese (http://merriman.jp), Dutch (www.markettiming.nl), Spanish (www.mmacycles-spanish.com), German (www.mma-europe.ch), in Serbian (www.mma-balkan.com), and in Russian at www.urania.ru. These same sites also offer our weekly column in their respective languages.
The DVD of the Financial Astrology workshop in Chicago is now available for purchase. The cost is $175.00 and includes a workbook of the graphics used in the class. Some people learn best with visuals like DVD’s, on courses like this one, and others learn best from books. But this workshop clearly lays out the basic methodology of combining cycles studies with geocosmic studies to forecast market trends as well as critical reversal dates for any market. The emphasis in this workshop was on the U.S. stock market and Gold. To order, contact our office at 1-248-626-3034 or email Amber at ordersmma@msn.com, or to go our web site at www.mmacycles.com.
We are pleased to announce that the Spanish publication of “Basic Principles of Geocosmic Studies for Financial Market Timing” has just been completed. This first edition in Spanish will be in print in 10 days. For more information and ordering, please contact www.mmacycles-spanish.com.
I am oftentimes asked for recommendations of a money manager who uses my methods, since I won’t manage other people’s money. The thing is, almost all money managers I know use their own systems. But many subscribe to my services and share my thoughts about the future of the economy, various financial markets, and how to position one’s portfolio along these lines. One money manager who subscribes to our services that I would suggest for those looking to structure a longer-term portfolio, such as a retirement account, is Duke O’Neill of Boulder, Colorado. He can be reached at dukeoneil1@gmail.com, or 1-(303) 817-8263. For those looking for a professional trader of commodity and futures contract might consider Ted Lee Fisher at ted.fisher@comcast.net. Ted is a legend in financial futures and has a seat on the CME. Both are very knowledgeable of the tools I use, of the way I am looking at markets, and yet each makes their own decisions as to exactly when to enter and exit any market.
Our weekly comments can now be read in Russian at www.urania.ru, Japanese (http://merriman.jp), Serbian (www.mma-balkan.com), Spanish (www.mmacycles-spanish.com), German (www.mma-europe.ch), French www.lecochonsideral.info, and Dutch at (www.markettiming.nl).
We are pleased to announce our new official Japanese web site at http://merriman.jp. Here you can read our free weekly report in Japanese every week. You can purchase several of our books and subscription reports in Japanese, including our new weekly Gold report, Cash Currencies report, and both the MMA Cycles and MMA Japanese Markets Cycles reports. If you read Japanese, please feel free to check out this new site, created by Toshi Nippou Ltd. of Tokyo.
We are also pleased to announce the formation of our new Weekly Cash Currencies Report in English. This report will cover our weekly analysis of cash Euro Currency, the Dollar-Yen, and the Euro-Dollar markets. For further in formation on this new subscription report, please visit www.mmacycles.com, and look under SERVICES.
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 Stock 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.
Copyright MMACycles 2007-2009; you may link to this site or page, but you may not distribute these texts in any way (by email or otherwise).
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