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Comments For The Week Beginning March 24, 2008 This is not the same as our service titled
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| Comments For The Week Beginning March 24, 2008 |
Review and PreviewLast week was another classic example of how Financial Astrology works so well in tandem with classic technical studies and basic chart formations. On March 15, Venus made its opposition to Saturn, the first leg of its “translation phase” to the Saturn-Uranus opposition, March 15-28. As stated in last week’s column, “On the positive side, Financial Astrologers can point to the idea that Venus is at least now in Pisces, a sign in which it is exalted. They can also point to the fact that the first passage will be the opposition of Venus to Saturn, which takes place this weekend, March 15. Oftentimes when a market is falling into this aspect, it will bottom, and then stage a sudden recovery just as soon as it is over.” The collapse of stock markets around the world the prior week spilled over into Monday, March 17. The “mini-panic” plunge represented new yearly lows in many of these stock indices, while others held smartly above their lows of January 22. This is a chart pattern known as Intermarket Bullish Divergence,” and when it happens as close to an important geocosmic signature as Venus in opposition to Saturn, it can be followed by a healthy rally. We saw this phenomenon in effect in the Far East. The Japanese Nikkei, for example, had a free-fall all the way down to 11,691 last Monday, its lowest price since July 2005. In the next three trading days, it rallied over 800 points and closed near its weekly high. The Australian All Ordinaries also fell to a new yearly low, down to 5130 on March 17. But new yearly lows were not made in Hong Kong’s Hang Seng index, or in India’s Nifty Index. Both took out the lows of January 2008, but not the lows of last summer. In Europe, the Intermarket Bullish Divergence signature was in even more evidence last Monday. Germany’s DAX and Switzerland’s SMI indices fell to 6167 and 6769 respectively, their lowest levels since October 2006 and October 2005 respectively. But both the Netherlands AEX and London FTSE held well above their January 22 lows. Furthermore, each of these indices appears technically poised to rally more this coming week. The same divergence was present in the United States. Last Monday’s low in the Dow Jones Industrial Average was 11,756. This was even higher than the 11,731 low of the prior week, March 10, and well above the 11,634 low of January 22. But the NASDAQ Composite fell to 2155 last Monday, below its 2202 low of January 23, and in fact to its lowest level since September 2006. Although the action in the stock indices of the world continued to be erratic and surprising, they were rather tame compared to that in the commodities. Gold, for instance, made a new all-time at 1017.50 on Monday, March 17. But by Thursday, just three days later, the yellow metal was already back down to 914.50. And Silver was hit even harder. After posting a new 28-year high of 2094 just the previous Friday, March 14, it collapsed over 400 points by Thursday of this past week. This was right in line with what our weekly subscription reports had forecasted – a decline of at least 300-500 points after the CCI (Commodity Channel Index) reached one of its rare overbought levels discussed therein. A similar fate awaited the Crude Oil market. After posting another new all-time of 111.80 on this critical March 17th date, black gold fell all the way down to 98.95 intraday on Thursday, just three days later. The pattern it formed on this decline contains the possibility of more to come, suggesting that perhaps the all-time high is in. This would be consistent also with our call for a 50-90% drop to begin in crude oil from an all-time high achieved by the first half of 2008, per our Forecast for 2008 publication. And finally we are seeing similar breakdowns in the grain prices, especially Soybeans, which staged three limit down days during last week’s shortened 4-day trading week. This too is consistent with our analysis given in the Forecasts form 2008 book, in which we postulated that this would be an almost ideal growing season due to the Jupiter-Saturn trine, combined with overplanting of Soybeans by farmers, thus likely to yield a huge crop this year. Short-Term GeocosmicsThe translation of transiting Venus to the forthcoming Saturn-Uranus opposition will end on this Friday, March 28. When the Sun made this translation February 27-March 10, we speculated that stock prices around the world might fall hard, much like what happened in January. And it did. But we suspected the pattern might reverse in this current translation period, because Venus was in Pisces, where it is exalted and thus much stronger. And typical of Uranus time bands, the market has a way of doing just the opposite as what one might expect. As we ended last week, everyone on the planet seemed to think that the financial fabric of the world was about to totally unravel. I don’t ever remember the “D” word (Depression) being bandied about so much as I saw in the European financial press last week. To say that the financial community was in a panic last Monday would be an understatement. The mood was utter despair and hopelessness, sort of like one might expect with planets in Pisces, with Venus in opposition to Saturn. But Financial Astrology teaches us that when the investment community’s mood is bleak, and markets are declining into these types of planetary periods, it is time to buy. Once aspects to Saturn leave in a declining market, prices tend to rise immediately afterwards. Still, we cannot say the market has confirmed that the worst is over. More bad news probably lies ahead in the next two weeks, as Pluto will turn retrograde on April 2, and the full moon of March 21 formed a T-square with Mars and Pluto. Whether stock markets fall again to new yearly lows remains to be seen. But with Pluto being highlighted so remarkably in the next two weeks, the problems with debts, defaults, and more financial write downs by major world financial institutions, is probably not over. Longer-Term ThoughtsThe big news in Europe last week was the hysteria about a coming financial collapse. It seems that the financial media is not just focused on a recession anymore, but a full blown depression. The European market analysts seem convinced that nothing can save the USA banking system now. No matter how much money the FRB pours into the system or how low they lower the interest rates, the future of the USA – and hence world - economy is doomed. We are in for a serious washout unlike anything we have seen since the 1930’s. Upon returning back to the states on Wednesday night, it appears that pessimism in the USA is almost as serious. But not quite. If we look at long-term planetary signatures and their correlation to economic history, we can make a case for both a positive and negative viewpoint. First of all, I would suggest that Jupiter in Capricorn exaggerates (Jupiter) the fear of an economic downturn (Capricorn). The Federal Reserve Board is a Capricorn entity, and transiting Jupiter in its natal Sun and Jupiter sign (of Capricorn) leads me to believe they can still pull a "rabbit out of the hat" and prevent an immediate collapse. I believe they are acting quickly and boldly in exactly the way they have to act. Sure, it may seem like it is too late, and the hysteria can create a feeding frenzy leading to a collective self-fulfilling prophecy. If enough people lose confidence, then of course the markets and economies of the world will crumble, regardless of the planetary signatures. And we saw some of that last week. But with interest rates coming down quickly and with the U.S. Government about to send out $150+ billion dollars in tax rebates, and with a lot of money now in the hands of mutual funds as a result of retirement savings accounts contributions that are now due, it won’t take much to suddenly uplift this economy and the stock market. Once the market starts to rise, these money managers will yank all that cash and buy stocks in huge quantities. And once that happens, the headlines of the major financial publications around the world will be dumbfounded, and will probably proclaim something of a miracle just happened. Why not? Uranus is in Pisces all year (symbol of miracles), and about to be sextiled by Jupiter in its first of three passages this year, on March 28. The danger may not be that market is about to collapse, but rather that it is about to launch to a new round of some serious buying by the funds who are sitting on large cash positions. If this happens, the financial pundits will declare the problems are behind us. But they are not. Well, they may be temporarily behind us for a few months, for these geocosmic signatures may have an effect lasting a few months, and these stimulus packages perhaps about the same, like just enough to get us close to the election. Once they wear off, the possibility is strong that these same problems will resurrect once more when Saturn begins its square with Pluto (2009-2010). How appropriate to see all this unfolding on Easter weekend, a symbolic time of death and resurrection. Enjoy the respite while it lasts (if it lasts), and try to construct your future financial strategies while you have this opportunity. |
Announcements
The “Forecast 2012” webcast will take place on Sunday, February 19, starting at 1:00 PM EST (that’s 6:00 PM GMT or 10:00 AM PST). Via the modern technology of our webinar host, you can log onto this presentation on current markets (both long-term and short-term outlooks) and the political-psychological climate for 2012, in the comfort of your home or office. All you need is a computer with speakers. You can hear the speech and see the live presentation and slide show, complete with the charts as they are being discussed, on your computer screen. The cost for this special event is $45.00. If you are interested in being part of this unique live webcast, just register at the MMA Website (www.mmacycles.com) and scroll down the opening screen for the announcement. 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 February 17), for space will be limited.
Many of you have asked about DVD’s or CD’s on the “Forecast 2012 Mini-Congress on January 21 in Amsterdam that I participated in. On the program were also three other excellent speakers on the subject: Irma Schogt of Schogt Market Timing in Amsterdam, plus world renowned astrologer Katen Hammaker-Zondag (specialist in the future of the Euro zone and Euro currency) and Antonia Langsdorf, of Cologne, Germany, who wrote “The Eye of the Storm,” a best-selling rendition about the year 2012 from the point of view of Mayan schools and astrologers. These recording will soon be available through Irma Schogt. We will announce when they will be available, probably within the week. You check in with us next week, or contact Irma directly at www.markettiming.nl.
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, 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 to http://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 (now $850,000). Thanks for your excellent publications.” - Bryden C., Small Business Owner, Illinois.
Copies of the printed version of Forecast 2012 are still available. There will be no additional printings, so when they are gone, they are gone. This year’s book is 200 pages – our largest ever – and packed full of information about the economy, USA Presidential election, social and economic trends, and of course, financial markets with their all-important three-star critical reversal dates (the one and two-star reversal dates are covered in the MMA Cycles Report, as well as weekly reports). For further information, please go to the front page of our web site at www.mmacycles.com, Or call us at 1-248-626-3034.
The E-Book version of the Forecast 2012 Book is now out as well in two different formats. The first is our own version, which contains both the text and the calendar-ephemeris for 2012. The cost for this is $55.00, or $35.00, depending on whether you also ordered the printed version too. The second is through Apple iTunes, which covers iPhone 4 and 4S, and the iPad, and also Amazon.com Kindle. The cost is $39.99. It does not contain the advertisements or the planetary calendar and ephemeris in the back. You can now order it if you have an email address registered via one of these 9 countries (USA, UK, Australia, France, Canada, Italy, Portugal, Slovenia, and Spain). Just go to iTunes, and then “Library,” then “Store,” then in the field titled “Search,” type in “Forecast 2012” or “Raymond Merriman” (without quotation marks). Or, go to http://itunes.apple.com/us/artist/raymond-merriman/id408289861?mt=11.
“After reading the annual Forecasts and subscribing to MMA Cycles for the past ten years, I can say that Ray Merriman's forecasts are uncannily accurate and indispensable for the preservation of wealth. Nothing else I've seen compares. It is without a doubt the best perspective on the big picture, not just bits and pieces of the picture.”
W.W., Investor and Teacher, Indiana.
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.
Events:
February 19, 2012: “Forecast 2012 Worldwide Webcast!!!” This is our annual speech to viewers the world over. It will be the latest update on Raymond Merriman’s annual Forecast Book. Utilizing the study of cycles and geocosmic factors, this speech will focus on the current state of the economy, political situation in Washington, DC, and in particular, the financial markets, including: the U.S. stock market, interest rates, the U.S. Dollar, Gold, and Silver. This will be a telecast of the live presentation taking place at the Michigan Education Conference Center in Troy, Michigan on Square Lake Road. The webcast and speech will start at 1:00 PM, EST and last two hours. Cost to participate in the webcast, or to attend in person in Troy, is $45.00. Go to http://www.mmacycles.com/catalogue/multimedia/forecast-2012-live-webcast-february-19,-2012!!!/ for more information.
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 at 852-2529 1211 (phone), or by e-mail at earlthorn@hknet.com. A special 90-minute private meeting with MMA Subscribers will follow the workshop on March 3. You must reserve your space for this meeting with MMA.
March 9-11, 2012: The 12th Annual Balkan International Conference, Belgrade, Serbia. Featuring a pre-seminar workshop with Raymond Merriman. For further information on this fantastic gathering, contact www.keplerunited.org. +381-11-267-31-92 or email info@keplerunited.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 dralagifts@msn.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 to www.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.
June 23: Amsterdam. A special 5-hour workshop on “The Gold Market: Forecasting the Price of Gold” Details to be announced shortly, but mark your calendars for an exciting event in one of the world’s most exciting cities at the most exciting time of the year: the first Uranus-Pluto square!
August 2-6, 2012: Midwest Astrology Conference, in Ann Arbor, MI, Holiday Inn. Pre-seminar workshop on Financial Astrology, Thursday, August 2, with Raymond Merriman. More details soon.
September 14-15, 2012: San Diego: Lecture on world economy and national election, and then a workshop on Financial Market Timing. More details shortly.
details soon.
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; 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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