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Comments for the Week Beginning March 5, 2007
Weekly Preview - MMA Comments for the Week
Written by Raymond Merriman   

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It didn’t take long for last week’s forecasts, based on astrology, to materialize in this week’s financial markets and weather patterns.

On February 28, this new and powerful confluence of planetary cycles began, that would last through March 9. On Tuesday, February 27, the stock market cracked. And it wasn’t a “crack” precipitated by any strange economic data. As stated before, it won’t be an economic downturn that leads to a bearish stock market. It is the other way around: the market falls first, caused by a “crack” in the system. There is always an event in the functioning of the market first, and then the economy follows.

So what happened last Tuesday? Something very similar to the themes discussed in last week’s column, which stated, “On March 3-4, there will be a total lunar eclipse in Pisces-Virgo, both mutable signs, which are the signs of volatility and change. On top of that, the very next day (March 5), the Sun will conjunct Uranus, the planet of volatility and sudden reversals. Sometime between the end of this week and the early part of the following week, we may see explosive news hitting the market place, or the world itself. An eclipse involving Uranus is symbolic of an earthquake, and in Pisces, of a tidal wave or even a Tsunami. It can correspond to strong winds, tornadoes, and electrical black outs. In the political realm, it can coincide with a sudden event that acts like a shock to the world. In financial markets, it can pertain to an unexpected economic report, or a sudden announcement of changes in interest rate policies.” We woke up Tuesday morning to news that China’s market fell almost 10%. Former FED Chairman Alan Greenspan made a statement around that day that he thought a recession was possible by the end of this year (see the connection to “interest rates?”). The computer systems failed on Tuesday and this exacerbated the down fall (see the connection to “blackouts?”).

This is the language of astrology. It is a language of concepts and themes, but maybe not precise with literal events themselves. It is as close as we can come to “prediction,” and if you understand the language, then these themes and symbols – this language – can be very valuable. It certainly was last week. As for the “strong winds and tornadoes” by the end of the week? Deadly tornadoes and high winds were rampant in the Midwest and southern states on Thursday. There was also an earthquake in northern California. So sometimes, it seems literal. And stocks fell again hard in early trading on Thursday and Friday, ending the week sharply down for the first time in many, many weeks (even months). In fact, Silver fell so hard that traders are still wondering what happened. Not our subscribers, for in this week’s MMA Cycles Report – issued Monday night when July Silver was trading close to 1500 - “If prices should fall right now to the half-primary cycle trough around March 5, the price target could be as low as 1270-1380.” They did that in less than 3 days, typical of these types of volatile signatures, and even traded under 1300 for a few moments on Friday.

The thing is, there was really no warning that this type of carnage would occur last week – unless you understood astrology. There, the possibility was very clear to anyone who understands the language. Thank God for creating a universe that has an orderly pattern and one in which His/Her writing is indeed in the stars. All we have to do is learn the language, and realize that we, as humans on this planet, are indeed connected to the Infinite. As above, so below.
Prior to this plunge, several stock markets around the world continued to post new all-time or multi-year highs again early last week – but not all. Many made their highs the prior week.

In Europe, the German DAX made a new multi-year last Monday, briefly crossing the 7000 mark. But by Friday, it closed at 6603, down over 400 points. The other indices (AEX, FTSE, and Swiss) made their highs the prior week, thus creating a case of intermarket bearish divergence, and each also sold off sharply after Tuesday of last week.,

In the Pacific Rim, Japan’s Nikkei Index soared to a new 6-year high of 18,300 last Monday, but they closed the week over 1000 points lower at 17,217. The All Ordinaries of Australia couldn’t hold its all-time highs of over 6000 recorded the prior week, and closed this past week down at 5775. The Hang Seng of Hong Kong failed to make a new high again too, and closed the week at 19,442, considerably off its all-time high of slightly over 20,900 a few weeks ago.

In the South America, both Brazil’s Bovespa and Argentina’s Merval indices could not match the new all-time highs of the prior week at 46,752 and 2225 respectively. They sold off to close the week at 42,369 and 1997. The Dow Jones Industrial Average also failed to eclipse its new all-time high at 12,795 of February 22, and closed last week at 12,113, down over 500 points from the prior week.  The NASDAQ Composite closed at 2368, far off its recent new multi-year high of 2531 on February 22.

As depressed as equity markets were, the sell off in the precious metals markets was even more severe, After testing 700 on Tuesday, June Gold closed the week $50.00 lower. After testing $15.00/ounce on Tuesday in July Silver, it closed the week very close to $13.00 – down almost $2.00! Grain prices too fell hard, as suddenly there is a lack of concern about inflation. Did anyone notice that Crude Oil went above 62.00/barrel last week for the first time in several weeks, and far nearly 25% above its 50.00 mark of only six weeks ago?

Short-Term Geocosmics

It is all so typical of Mercury retrograde, which ends this week, March 8, after starting this retrograde motion on February 13. First it fakes everyone out on its rallies to the upside. Then it fakes everyone out on the severity of its decline. The result is that everyone now has a contrary opinion about where this market is going, when it truth, no one has a clue – again, typical of not only Mercury retrograde, but in Pisces at that, and in the same week that Pisces’ ruler Neptune was in opposition to Saturn. Be careful of what you read and hear, because nothing is at it appears during this retrograde and lunar eclipse period. Did we just read in Friday’s Wall Street Journal that “North Korea seeks aid and reiterated its denuclearization pledge?” Did we also read “Doubts are arising about the accuracy of intelligence on the North Korean nuclear program as U.S. backs away from some pronouncements?” Really – who can you trust these days? What can you believe in? These signatures say the only truth right now is in a spiritual awareness, not a mundane one.

We are right in the middle of a “cosmic hurricane” right now. The lunar eclipse is this weekend, and it involves Uranus, planet of earthquakes and volatility. The financial markets of the world just experienced a Tsunami, and it’s not completely over. On Friday, March 9, the Sun in Pisces will square Jupiter, another signature of excess and exaggeration and maybe even a little hysteria or irrational (and pre-mature) exuberance. Don’t believe what you read and hear (even here), and try to find a balance and a grounding, for after this week, we then head into the Solar eclipse in Pisces, square Pluto , with Mars in opposition to Saturn, a classical “war-like” signature, whose dynamics are in effect March 18-31. March comes in like a lion, and it’s likely to be a hungry lion all month. Or is it a bear?

Long-Term Thoughts

We have already used up our space for this week’s column, so we will return to our long-term thoughts again next week. But let me suggest that one of the reasons the stock market fell hard (finally) has to do with the awareness that in the U.S.A., higher taxes are coming, and the reality of the (lack of) bi-partisanship between the White House and Congress is finally setting in. Now let’s see if all these factors will lead to the 20+% decline in U.S. stock indices that the 4-year cycle postulates, ideally by this June.
 

Announcements

 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 next issue of the “MMA Cycles Report” and “MMA Japan Markets Cycles Report” will come out May 27-28. These reports are issued once per month to subscribers. The “MMA Cycles Report” is our most popular subscription-based market advisory report for traders of the U.S. stock indices, T-Notes, Gold, Silver, Euro currency, Swiss Franc, Grains, and Crude Oil. The “MMA Japan Cycles Report” covers the Nikkei, Dollar/Yen, and JGB Bonds. For more information and subscription, please go to http://www.mmacycles.com/services/.

Many readers may also be interested to know that the largest gathering of Financial Astrologers in many years will be taking place May 15-20, 2008, in Denver, Colorado. In fact, the largest gathering of astrologers since 1974 will be taking place then. The United Astrological Conference (UAC) will convene for the first time since 2002, and approximately 1500 professionals and students of astrology will be present from all around the world. Whether you are a professional or student or novice, you will find one of the 15 tracks being offered to be of great interest. They even have a beginning track based on sun sign astrology for those who know very little about how astrology really works. In all, there will be 160 speakers from over 30 different countries. For more information on this conference, go to www.uacastrology.com. For more information on the Financial Astrology track (18 different presentations), go to http://www.uacastrology.com/cgi-bin/tracks.cgi?CODE=12. At the present time, all rooms at the Sheraton Adams Mark have been sold out, but on the UAC web site is a list of other hotels within walking distance.

 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 www.mma-europe.de.

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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