Weekly Preview MMA Ciomments for the Week Beginning July 19, 2010 
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| MMA Ciomments for the Week Beginning July 19, 2010 |
| Written by Raymond Merriman | |
Review and PreviewWe never said it would easy. And we always stated that this would be volatile time and markets would be difficult to trade. Last week started out positive for equity markets around the world. After making a new low for 2010 the previous week (July 2-6), many stock markets soared into last Wednesday, July 14. Then, just when it looked like they were about to explode to the upside, they sold off again sharply on Friday. Welcome to this next layer of the Cardinal Climax, a new portal of reality where the old rules no longer work, and no one knows for sure what the new rules are. For the past few weeks, it’s been all about Uranus. Yet despite the fact that technical levels of support and resistance seem to get violated at least once a week now, one factor remains the same. Since the yearly high of April 26, when Saturn made its fourth of five oppositions to Uranus, every decline has been to a lower low, and every rally to a lower high. Lower lows and lower highs of the same cycle type is the very definition of a bear market. Yet the rallies are always more than the normal corrective variety. They are stronger than most analysts would expect in a bear market. This is Uranus in action. For example, after the low of June 8, when Jupiter and Uranus made their first of three conjunctions at 9757 in the Dow Jones Industrial Average, the index rallied over 800 points in just a few days to nearly 10,600 on June 21 That was when the summer solstice squared Uranus and made a grand square to all the planets in the Cardinal Climax. It broke important resistance areas along the way, suggesting it was a new bull market. But then in the next two weeks, it lost all that and more as prices sank to a new low of 9614 on July 2 (July 6 in the S&P) as Uranus then changed directions from direct to retrograde. This created a resistance area around 10,250-10,350. That was easily broken last Wednesday as prices traded above 10,400, creating a new support zone around 10,250. That was then broken on Friday as prices plunged over 260 points. And now we head into the fifth and final Saturn-Uranus opposition next week. Uranus obeys no rules and has no respect for any support or resistance level. It can exceed both in quick fashion, and after doing that, it can either reverse or accelerate its downside breakout, since every cycle low and high are lower than the preceding one. The extremes of price swings through support and resistance were also noticeable in precious metals. Both Gold and Silver rallied nicely from lows of the first week of July into the middle of last week. But by Friday, they too (like stocks) sold off sharply – even though currencies rallied strongly and the Dollar fell. This too is typical Uranus breaking the rules, for when the Dollar falls, isn’t Gold suppose to rally? About the only sectors that kept rallying were Treasuries, as investors are frightened of risk, and the grain markets, in accordance with our forecast for hot and dry weather. The drought is not only starting here in the USA, but very much so in Russia. That too is part of this Cardinal Climax, especially as Mars heads into its conjunction with Saturn on July 31. Short-Term GeocosmicsWe are now entering the fifth and deepest layer of the Cardinal Climax, July 21-August 21, and maybe lasting into early October when Venus turns retrograde. You remember the last Venus retrograde, right? That was on March 6, 2009, which was one of the two potential dates for the 18-year cycle trough. The other possibility was October 10, 2002. That was also a Venus retrograde, and every eight years, it repeats it’s retrograde from the same sector of the zodiac (this time Scorpio, as in 2002). It is a good time to look for this current bear market to end if the DJIA cannot exceed 10,800 first. But this week is important for many other reasons as well. On July 23-24, Jupiter will go stationary retrograde, in exact square to Pluto. Pluto rules debt and the potential of loss through destruction (i.e. drought, for example), and Jupiter exaggeration. On Monday, July 26, Saturn will make its fifth and final opposition to Uranus, a 45-year cycle that coincides with sudden, unexpected events and a possible crisis. Uranus with Saturn also rules things like earthquakes, tornadoes, hurricanes, and natural acts of destruction when Pluto is also involved – as it is in this case. I would love to tell you with confidence that this means the market will be wildly up or down. But with Uranus, you never know which, and oftentimes it is both in a short amount of time, as we have already witnessed as of late. Anyone who thinks they really know, simply doesn’t know. There are far too may scenarios possible to make this a high confidence trading environment. Sometimes the most valuable thing an analyst can advise is step aside, avoid the risk, and wait it out. But no one wants to pay to hear that. So let me say it really simply. We are entering a time band of perhaps the most powerful geocosmics signatures of a lifetime. We’ve never seen anything quite like what we are about to witness in the next month. So we don’t really know what to expect, except the unexpected. Normally we might think the Saturn-Uranus opposition would be a crash, and it might be. The previous four times in this series, it has correlated with a crest (not a trough), and after three of those times, the DJIA fell over 1500 points within the next 3-6 weeks. If you want to trade, you have to be nimble and ready to reverse quickly, perhaps on an almost daily schedule. If you cannot handle the stress of risk, stay out and watch this cosmically historical pattern unfold, and watch with amazement at the types of human activities and financial market movements that will likely unfold – assuming they don’t do the unexpected and absolutely nothing of note happens. Longer-Term Thoughts“One of (Nikolai) Kondratieff’s principle conclusions was that capitalism was self-correcting and not headed for destruction, a view that should dispel some of the gloom coming from arch-pessimists of today.” -J. Anthony Boeckh, “The Great Reflation,” 2010, published by John Wiley & Sons, New Jersey. Is Pluto in Capricorn (2008-2023) the start of a death march for capitalism? Many people think that the system of capitalism that was the root cause of the recent Panic (2008-2009). And therefore the “old” system of capitalism must be retired and replaced by a “new” economic system in order to prevent these types of painful panics in the future. But as Nikolai Kondratieff - the world’s most noted cycles’ analyst – suggests, the problem is not the economic system of capitalism, and the solution to cyclical downturns is not to replace capitalism. Capitalism is self-correcting, and downturns are cyclical, reoccurring, characteristics pertaining to human activity. The cause behind all financial collapses is seldom the “system.” More often it is the abuse, neglect, or corruption of the system or its rules by individuals who are more driven with taking advantage of systems for personal gain than operating with integrity under basic principles that benefits the greater society. For instance, anti-capitalists tend to believe it is capitalists – especially leaders of big businesses – that corrupt society by buying favors from the regulators or administrators of the federal, state, or local governments. They believe these large firms will bribe – or lobby – in order to get around these barriers to greater profits. This may be true and certainly fits into the themes of Pluto in Capricorn, especially as it is being squared by Uranus in Aries through 2015. Only the strong and aggressive (and perhaps corrupt) will prosper. But business leaders – especially of small businesses – don’t willingly pay bribes (or anything) in order to escape the rules and regulations of the community’s laws. Just as often it is the rogue regulator or administrator of the government who expects to be paid a fee in order to allow the enterprise to carry on business without a hassle. The corruption isn’t initiated by the entrepreneur (capitalist) anymore than it is by the government administrator, and in order to keep his business alive, the businessperson has to pay this additional “tax” to the regulator, or he will be found in defiance of a law he never knew existed. He will soon be out of business. This is not to say that many government workers are corrupt, anymore than it is right to say that many - if not all – business leaders are corrupt. Most government workers and business leaders are honest. But when an economic crisis hits, people look for scapegoats, and the first place they look to is business and all enterprises that come under the banner of capitalism. Many look to government too as a cause, but government has the advantage of being able to divert attention to the evils of business over government, especially when the government leader him/herself attacks business as an evil empire. That’s news, it gets air time, and it affects the collective attitude towards business. This is the poison that Pluto in Capricorn is rooting out over this 15-year period. Society won’t function efficiently unless business, banks, and the government all work in tandem with one another, and according to basic Capricorn rules of honesty and integrity. It doesn’t help when violations are ignored and become part of the accepted way of “doing business.” That leads to excesses and debts which finally topple the structure. It leads to sharp economic downturns, with the accompanying panics and loss of confidence in the government, banks, and businesses. As Jupiter will soon be stationary and in exact square twice to Pluto (July 24-August 3), the destructive effects of debts and corruption may come more fully into view. Yes, this may have an orb of up to 6 months (we are already in the period of influence, and we see this already manifesting). But as these revelations come to light, the opportunity for corrections can be applied. That is the “self-correcting” nature of capitalism, and not necessarily its death. |
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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