Menu Content

Merriman Market Analyst

Home arrow Weekly Preview arrow Comments ForThe Week Beginning October 22, 2007
Advertisement
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.
Flowchart on MMA Products and Services
Comments ForThe Week Beginning October 22, 2007

Review and Preview

 

 Financial Astrology hits again!

 It was a very significant week, particularly on Friday, as the Dow Jones Industrial Average fell a whopping 375 points. A look at many of the world’s equity indices will show that the critical reversal date of October 11 was indeed a major reversal from an important crest. That represented the all-time high not only in the Dow Jones Industrial Average, but also the S&P nearby futures, Brazil’s Bovespa, and multi-year highs in the Netherlands AEX, German DAX, London FTSE, and NASDAQ Composite. In Argentina, it was a double top to the all-time highs of last July. All-time highs also spilled over into this week in the Pacific Rim and Asian markets, notable the Hang Seng of Hong Kong, Australia’s All Ordinaries, and India’s Nifty Index. However, by the end of this week, many of the European and American markets suffered sharp losses. The losses were heaviest in the American markets, which continued to sell off after the Asian and European markets closed.

 Other markets were also prominent last week. Crude Oil continued its climb to a new record high on Friday by surpassing the $90.00/barrel mark intraday. Just one week ago, as the third and final passage of the square between Jupiter and Uranus took place, Crude Oil was putting in a major cycle trough at 78.35, It’s been almost vertical in price since then. Gold also continued soaring. It tested 775.00 on Friday, the highest level since the all-time highs of early 1980. However Silver did not fare so well. After trading above $14.00/ounce on Monday’s “Sagittarius Factor,” and testing 14,.00 again on Friday, it sold off over 50 cents intraday to close down for the week. The high on Monday was far below its high of even last year, so we have a developing case of “intermarket bearish divergence.” The Euro currency also soared to a new all-time high on Thursday, while the Dollar plunged to a new multi-decade low.

Short-Term Geocosmics

 As stated in last week’s column, “The major planetary cluster in effect was centered on October 11 of last week. It involved the third and final waning square of Jupiter-Uranus (October 9), the Libra new moon and Mercury retrograde station on October 11, and the third and final conjunction of Venus and Saturn on October 13. I would expect that this week’s activity would be a reaction to those signatures that peaked last week (or early this week).” Indeed it was in the equity markets, and perhaps Silver as well.

 Last week’s column also stated, “For this week, we note the following geocosmic signatures. The “Sagittarius Factor” (Moon in Sagittarius) will take place on Monday and Tuesday, coinciding with Venus sextile to Mars on Tuesday. The Sagittarius Factor has a tendency to produce sharp price swings in some financial and commodity markets, like currencies, T-Notes, and Silver.” We already pointed out the correlation to the multi-month high in Silver on Monday. But it should also be noted that T-Notes put in their primary cycle trough on Monday at 108/06. By Friday’s close, they were at 110/18, one of the sharpest gains in many moons.

 However, such a big run up in Treasuries, accompanied by a large sell-off in stocks, is a sign that the market is worried. Perhaps we can relieve some of this concern by reminding readers that Mercury is retrograde, October 11 through November 1. It is typically a time of mixed messages from political leaders and various economic data reports, and it oftentimes results in such large price swings and fake outs, especially right around the 9th calendar day and 9th trading day, which is this weekend through the middle of next week. We also note that the all-time highs of the stock market occurred with the new moon in Libra, When the lunation in Libra coincides with a high, stock prices can fall sharply into the full moon two weeks later. The full moon occurs this Friday, October 26. I would suspect that if stocks continue down into the end of this week, it might be too much for Bernanke and Paulsen to bear. They may be moved to intervene again. But how? If they lower interest rates again, the Dollar could crash. Perhaps they have finally reached a point where they are in a corner. But I doubt it. Jupiter is still in Sagittarius, a fire sign, and that tends to benefit our two fire sign rescuers. They will think of something, for as stated before, they just aren’t going to allow a recession or crash to happen on their watch if at all possible. The thing is, we may not hear about what they orchestrate behind the scenes in the next two weeks if the market does continue lower, because this week we also enter the season of Scorpio – sign of secrets and behind-the-scenes activities.

 I expect this decline to end very soon. As stated in last week’s column, “This is a new moon week, and it happens on the day Mercury turns retrograde… between October 8-27, Saturn and the South Node of the Moon will be conjunct. It’s possible that worry becomes heavy, and if prices do continue to decline into the following week, they may continue to do so for several more days. But in all likelihood, these signatures suggest that many declining markets will find a bottom by the end of this month, however sharp the decline is.”

 We also note that transiting Venus will translate the Jupiter-Uranus square of October 9, from October 25-29. I would expect that to be close to the end of this sharp sell-off, unless prices do fall below the lows of August 16-17.

Longer-Term Thoughts

 There were a couple of news items on the front page of Friday’s “Wall Street Journal” which pertain to longer-term geocosmic signatures. The first was a headline that  stated: “The Senate Intelligence Panel approved a compromise with the White House that would extend some of the president’s expanded surveillance powers for six year’s.” This relates to the forthcoming ingress of Pluto in Capricorn, 2008-2023. In the words of Dr. Geoffrey Stone, law professor at the University of Chicago, “When civil liberties are at stake, there is a regular cycle: fear, repression, and repentance.” Pluto in Capricorn pertains to all of these themes.

 The second item, right below the first, stated “France’s biggest strike in 12 years crippled the nation’s public transport system. The walkout came as President Sarkozy said that he and his wife had divorced.” Talk about a bad day! You wake up the day of your divorce and your country’s public transportation work force walks off the job. This is a classical Saturn in Virgo event. Virgo rules the work force. Saturn is stoppage, and Mercury retrograde refers to problems in communications and transportation systems. It couldn’t be more apropos. Since Saturn is involved, and Mr. Sarkozy is president (Saturn role), chances are he will receive the brunt of the blame for this. Or maybe his ex-wife will, for reasons that I better not speculate upon in this column. But more to the point: Saturn is just beginning its two-year stint in Virgo, and this is the time that the common man – the workers of the world – gain power. They have the power to bring economies to their knees by simply refusing to work if they are not treated better. It is also why I think a Democrat will be the next president of the United States, unless the Republicans can find someone who represents the needs of the middle and working class, and somehow convinces the electorate that this gap between the “haves” and “have nots” can be brought more into line. Otherwise the middle class is in danger of disappearing. Saturn in Virgo is their last stand, and I think they take this primary concern to the election booth on election day. If not, then we have the darker side of Saturn in opposition to Uranus (revolt and revolution) to look forward to in 2009-2010. The question is only what form the revolt will take? Peaceful or violent? Uranus and Neptune in mutual reception suggests peaceful, which further suggests to me that a very dramatic leadership change is taking place in the November 2008 elections in the U.S.A.

 

Announcements

A new MMA Cycles Report, and a New Special Offer!!! Good until June 2010 (but the special perks are greatest in March!). The special offer is this: all new one-year subscriptions to the MMA Cycles Report will also receive free the SOS Global Markets Report through June 2010! That’s an additional value of $115.00 for the next 4 months. Why? Because June 2010 will mark our last publication of the “SOS Global Markets Report.” We are instead starting up a new report for our European subscribers that will be called the “MMA German-Swiss Stock Market Cycles Report.” It will be a 2-4 page report issued monthly, 1-2 days after the MMA Cycles Report. It will contain detailed cyclical, geocosmic, and technical analysis of the German DAX and Swiss SMI stock indices. The cost of this new report is $195.00/year, $95.00/4 months, or $50.00/2 months, with automatic renewal options. BUT…. All new one-year subscriptions to the MMA Cycles Report will also receive free introductory issues of this new MMA German-Swiss Cycles Report through June too!!! That is an additional value of $95.00 for this special offer. Order one year of MMA Cycles of $295, and you will receive the next 4 months of SOS and the first 4 months of the new MMA German-Swiss Market Cycles report too for free! For more information, please go to the front page of our web site at www.mmacycles.com. Or call us at 1-248-626-3034. Don’t delay! Sign up now and save big bucks!!!

 The monthly SOS Global Stock Market Cycles Report comes out this week. As noted above, this report will be discontinued after June 2010. But you won’t want to miss these last special issues, which cover the long-term cyclical outlook of major world stock indices, including DJIA, NASDAQ, DAX, AEX, Hang Seng, All Ordinaries of Australia, and the XAU Gold and Silver Mining index. It also covers short-term analysis with a generous discussion on forthcoming geocosmic signatures. As you read above, you may receive these last four issues for free if you sign up for a one-year subscription to the MMA Cycles Report. You will also receive free the first four issues of the new MMA German-Swiss Stock Market Cycles Report. This is a great deal you will not want to miss if you have been thinking of subscribing to the MMA Cycles Report.

 Please note that I will be giving two lectures in Arizona in March. The first will be Friday, March 12 in Tucson, 7:30 – 9:00 PM. Please contact 520-625-5762 or gaelchi@dishmail.net for reservations and location information. The second will take place in Scottsdale, Friday, March 26, 7:00 – 9:30 PM. Contact 602-952-1525, or as aboard@azastrology.org for reservation and location details. The title of the presentations will be “FORECASTS 2010 AND THE USA ECONOMY.” These presentations will discuss the importance of the “Cardinal Climax,” an unusual planetary pattern that will be in force 2008-2015, with its strongest astrological set up taking place in the summer of 2010. This set up affects the charts of the USA, Barack Obama, and the Federal Reserve. As each of these entities undergoes radical changes, it will also correspond to powerful movements in financial markets and the world economy. This is a year in which tremendous profits, or losses, can be realized, related to Jupiter conjunct Uranus cycle which begins in 2010.

 September 1-8, 2011: Bali! "Financial Astrology" Intensive workshop with Raymond Merriman, and "Mundane Astrology" with Claude Weiss. For more information on this unique week-long intensive and incredible South Pacific paradise adventure, go to http://www.heavenandearthworkshops.com/financial.html.

 

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, 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), 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.”

CD’S, MP3’s, DVD’S, and webcast viewing of the Forecast 2010 speech will be available in about a week. The Forecast 2010 Webcast Speech took place December 20, 2009. We are offering a CD or MP3 download that contains the audio only. You can also view the webcast again in it’s entirety as a one-time download from Vibation until January 25, 2010. And it will be available in a DVD edited edition too. The cost for any of these recordings will be $45.00 and an additional postage charge if ordering in audio CD or edited DVD format. For further information, go to our website at www.mmacycles.com (it will be up sometime this week). Or drop us an email (ordersmma@msn.com) or fax (248-538-5296), or call us at 1-248-626-3034. “Thank You - it’s very thoughtful and thanks you for sharing your knowledge. A whole new world opened for me.” Attendee to the Forecast 2010 webcast.
 
  The Forecast 2010 book are out!!! For more information, visit our web site at www.mmacycles.com. “Kudos… the 2010 forecasts – you’ve outdone yourself - I see Jupiter is playing a role not anticipated (if I recall correctly) last year .... it all clicks.” RR, Santa Fe

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.

MMA is currently preparing a listing of astrology books on its web site for readers to consider in their education of this unique study. The initial offering can be seen on our web site at www.mmacycles.com, under Astrology Books.

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).

Archives

Previous weeklies (2006) are archived at www.olmta.com

For other language editions of MMA´s weekly comments:


Owners of websites:

This Weekly Market Climate is available for co-branding. Call 1-800-662-3349 for details.