Well it's been quite a week, with the Dow Industrials popping over the 50% retracement to 2007 high line, at 10,334, then all indices falling back again. We've got another provisional "B" marked at this week's high. Short-term top, or worse? Even if we first go to 960/982 SPX, or the area about 866/869 SPX that Jeremy Grantham and others have mentioned - there will be this question whether or not the lows have been completed. We enjoy getting the geocosmic, financial astrology perspectives of Raymond Merriman on equities and other market cycles, from his Merriman Market Analysis site. You may be intrigued to find out what kinds of insight and guidance you can obtain from exploring his site and services. Meantime, here's a glimpse with his public preview comments this weekend:
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Comments for the Week Beginning November 23, 2009
Written by Raymond Merriman
Review and Preview
We will only be reviewing U.S. stock markets and commodities this week and next, due to time deadlines in completing the annual Forecast Book for printing on December 1.
The Saturn-Pluto square of November 15 appears to have coincided with at least a short-term crest in the U.S. stock markets, as the NASDAQ Composite and S&P indices made yearly highs on Monday, November 16, and the Dow Jones Industrial Average did the same one day later. This fits with the signatures in effect at the start of the week as described in our last column, stating, “Monday, November 16, is an important new moon, because it occurs in Scorpio, will square the Jupiter-Neptune conjunction, and takes place within hours of the Saturn-Pluto waning square.” After those yearly highs were achieved, each then declined into the end of the week. Gold and Silver made new cycle highs early Wednesday, and then sold off too until later in the day on Friday. In the case of Gold, last Wednesday was a new all-time high as prices briefly poked above 1150. Crude Oil also sold off after posting a weekly high slightly above 80.00 on Wednesday.
Whether these markets continue down or find support shortly before rallying to new highs depends whether support for the U.S. Dollar continues this week or not. If the dollar starts back down again and there is no sense of panic, then there is no reason for these markets to make anything other than a normal corrective decline before resuming their upward ascent. In fact, even if a panic were to begin, that too could result in very sharply higher values in all dollar-backed assets, until such a time that prices were so high that no buyers will step in. I don’t see that happening before spring-summer of next year.
Short-Term Geocosmics
This is a “Venus-laden” week. And that is good for Americans because Thursday is also the Thanksgiving holiday, when families typically come together and give thanks for whatever they feel grateful for. It is a good week to be “Venus-laden,” which highlights relationships of value.
It could be important for financial markets too, since Venus also rules securities and assets. From Monday through Thursday, Venus will “translate” the forthcoming Jupiter-Neptune conjunction in a square aspect. On Wednesday, Venus will also form a trine aspect to Uranus. Thus these signatures imply the possibility of market reversals this week, assuming they find a level of support above 10,000 in the DJIA.
The more important reversal signatures coming up will be Uranus turning directions, from retrograde to direct motion, on December 1, and then Mars turning retrograde, followed by the third and final conjunction of Jupiter and Neptune on December 20 and 21 respectively.
Longer-Term Thoughts
One the major news stories last week was President Obama’s first official visit to China which, from most reports, was a lesson in humility and maybe reality. According to Friday’s Wall Street Journal, it “signaled a turning point in relations between a weakened U.S. power and a China that senses its time has come.” But from our point of view, the insightful development – and comments – came from Liu Mingkang, chairman of the China Banking Regulatory Commission, just prior to Obama’s arrival. According to Wednesday’s Wall Street Journal article titled CHINA’S BLUNT TALK FOR OBAMA, Mingkang said a weak U.S. dollar and low U.S. interest rates had led to “massive speculation” that was inflating asset bubbles around the world. The situation is “seriously impacting global asset prices and encouraging speculation in stock and property markets.”
Massive speculation. Inflating asset bubbles. Hmmmm, that sounds a lot like…. Jupiter and Uranus coming into conjunction, as both move from water sign Pisces to fire sign Aries, May-September 2010. As they move into Aries, they form a T-square to the Federal Reserve Board’s natal Sun-Pluto opposition (FRB created December 23, 1913, 6:02 PM, Washing to D.C., according to New York Times article on December 24, 1913). Jupiter rules the principle of exaggeration, optimism, and over-estimation. When in conjunction to one another, it can represent a time of brilliant and innovative new ideas. In hard aspect to other planets, it can coincide with poor judgment resulting in loss. Uranus is also a planet of speculation, but due to pre-mature timing, its presence in hard aspects can oftentimes result in unexpected consequences. And both will be in opposition to Saturn, which is just entering Libra, forming a grand square to the FRB Sun-Pluto opposition. Jupiter (planet of excess) will even reach a square to Pluto (planet of debt and taxes – they are coming). If the Fed’s accommodative zero-interest rate policy isn’t altered before that time, the consequences of excess speculation and increasing debt may indeed create bubbles in all dollar-based assets (except property sales, where supply still exceeds demand). Precious metals and stocks, for instance could soar to levels not imagined today. The Fed may have no choices after that, lest they are prepared to let the dollar go into a free fall.
But ask yourself: who benefits from a free-falling dollar? What are the politics and history behind engineering a depreciating U.S. Dollar? Maybe that is what the government and Federal Reserve Board wants. Maybe that is the roadmap being followed to resolve this economic crisis. It is a risky plan. But that’s what Jupiter and Uranus do when together – they are prone to take large risks. Hopefully they understand the consequences if it doesn’t work out the way they think it should, for surely with Uranus involved, things don’t go as planned.
On a related subject, the other major story was the 43-26 vote by the House Financial Services Committee to audit the Federal Reserve. Welcome to Saturn in waning square to Pluto, now through August. It could get ugly. Just ask Treasury Secretary Tim Geithner, who finds his natal Mars (war, aggression, and assertion) at 1 degree of Libra right in the thick of this aspect (Saturn is there too, square Pluto from the first degree of Capricorn). He was called upon to resign his post by House Democrat Peter DeFazio. Furthermore, House Republican Kevin Brady attacked Geithner’s credibility, stating, “The public has lost all confidence in your ability to do the job.” According to Friday’s Wall Street Journal, Geithner shot back, “What I can’t take responsibility is for the legacy of crisis you’ve bequeathed this country.” Here it comes. And you read here first in 2007 that this would happen in 2008-2010. The Fed is under attack, and it could be most critical between May-September 2010. You want a reason why the stock market and banking system could crash again? There it is.
Announcements
The monthly MMA Cycles Report, due out this Monday to subscribers, will likely be delayed for up to one week so that the Forecast 2010 book can be completed and delivered by the December 15 distribution date. The book is nearly complete (what a year coming up – perhaps the most important of a lifetime in terms so many long-term planetary cycles making significant sign changes and aspect relationships to one another). If the monthly report is delayed, all subscribers will receive a free issue of the full weekly report in the interim. If you are not a subscriber to MMA Cycles report, this is an opportunity to subscribe and have the most recent copy of the full weekly report as well.
The MMA Catalogue of products and services for 2010 is now out!!! You can download it in PDF at http://www.mmacycles.com/option,com_docman/task,doc_download/gid,161/Itemid,63/. The ordering page is the last page of the catalogue. This is especially useful for those outside of the USA, since we do not send these by snail mail unless requested.
The first “Forecasts for 2010” presentation will take place on Sunday, December 20, 2009, starting at 1:00 PM EST (that’s 6:00 PM, GMT, or 10:00 AM in Los Angeles). It will be a world-wide webcast, much like last year’s, only this time you will be able to see the speaker, the slides, and hear the questions asked of other attendees. This “Virtual On-line Discussion and Forecasts for 2010 with Ray Merriman!” will take place via the modern technology of Vibation, Inc. You can log onto this discussion on current markets (both long-term and short-term outlooks) and the political-psychological climate for 2010, in the comfort of your home or office. All you need is a computer with speakers. The cost for this private discussion is $45.00. If you are interested in being part of this unique live webcast, go to our website at www.mmacycles.com (it may not be up for 1-2 more weeks yet). Or drop us an email (ordersmma@msn.com) or fax (248-538-5296), or call us at 1-248-626-3034. Instructions to log into this event will be sent upon making reservations. Reserve early (before December 15), to guarantee your participation!!!
The first “live” public speech on Forecast 2010 will take place in Lansing, Michigan on January 3, 2010 at 1:00 PM. Contact 517-676-1680, or LCAstrology@cs.com for information. That will be followed by the presentation in Amsterdam, Netherlands on January 16, 2010. Contact Schogt Market Timing for information at info@markettiming.nl or www.markettiming.nl or call 31-(0)-294-415-917. The next Forecast 2010 speech will be in Moscow, Russia on January 19, 2010. Contact www.urania.ru or Urania@urania.ru for further information and limited seating reservations. This will be followed by a presentation at the Swiss symposia in Zurich on January 23-24. Contact AstroData at info@mma-europe.ch, or www.mma-europe.ch or 41-(0)-43-343-33-66 for reservations and further information.
You can pre-order next year’s Forecast 2010 book before it comes out December 15. And it is a good idea to order it before then because you will want to be in the first mailing that goes out, in order to make sure you receive it before Christmas. After the first week of December, new orders received may not get processed and distributed until the first mailing is completed, which usually takes 3-4 days. Additionally, these books have sold out by February in three of the last 4 years, and there are no reprints. When they are gone, they are gone, although you may be able to purchase them on “after market” web sites for about three times the retail price. Now that 2009 is nearly over, we can look back and see that the 2009 book has been one of 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 markets have been extremely accurate, including the high and low of the year in many. As always, the book is published and mailed out around December 15.
For all of our subscribers in the New York and Boston areas, you may want to mark down two dates coming up: December 22, 2009 and March 1. These will be the next private meetings with MMA subscribers in the United States. The one in New York City will take place from 6:00 – 8:30 PM, on the Upper East Side, near Fifth Avenue and 84th Street. The exact location will be given upon placing your reservation. The one in Cambridge (near Boston) will take place at the Hyatt Regency Hotel, starting at either 11:00 AM or 1:00 PM (TBD), and again lasting about 2-1/2 hours. It will follow the NCGR conference on “Planetary Revolution: Geocosmic Alchemy II,” taking place February 25-28. There is no cost to attend these MMA discussions if you subscribe to a weekly or daily report, or if you have a yearly subscription to either MMA Cycles Report or the SOS Report. For all others, the cost to sit in will be $295.00. There is nothing as exciting and informative as a gathering with MMA subscribers (to me), because they come from very interesting walks of life, from the fields of finance, banking, government, military, intelligence agencies, academia, and astrology. There will also be discussion meetings with subscribers in Amsterdam (January 16) and Zurich (January 24).
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. 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.”
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 also have our new CD available: “The Cardinal Climax 2008-2015: Investment Opportunities and Dangers.” This 75-minute CD outlines the most powerful geocosmic configuration of our lifetime: The Cardinal Climax of 2008-2015. This presentation examines the historical, long-term geocosmic signatures that are present 2008-2015, how they correlated to economic crises in the past, and how they will likely impact various financial markets and investment opportunities this time. In fact, many of the themes are already underway. Approximately 75 minutes, with PDF file of charts used: $25.00 plus postage.
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 the www.mmacycles.com site or page, but you may not distribute these texts in any way (by email or otherwise).
Archives
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Please note: This is not the same as our service titled "MMA Weekly Comments and Recommendations on Financial Markets" which is available by subscription only.
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