Menu Content

Merriman Market Analyst

Home arrow Weekly Preview arrow MMA Comments for the Week Beginning October 27, 2008
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
MMA Comments for the Week Beginning October 27, 2008

Review and Preview

That Saturn-Uranus freight train keeps thundering down the tracks, crushing any asset of value that stands in the way of its destination on Election Day, November 4, 2008. Although this particular train ride has been more of “train wreck” for most investors, it has been a phenomenal reinforcement of the value of Financial Astrology to today’s society.

There are few astrological signatures that have the potential for near-total devastation as Saturn and Uranus in hard aspect. You may remember the last one, which was a square between these two powerhouses that unfolded three times between July 18, 1999 and May 13, 2000. Many of the world’s stock markets made their all-time high in January-March 2000. But before the aspect was completed, the “technology bubble” burst and a dramatic decline in the “tech stocks” commenced. The tech-heavy NASDAQ Index plunged 80% by October 2002. Many of the start up “dot com” companies went out of business. In this current case, global equity values are once again dramatically falling as we enter into the opposition aspect, which starts November 4, and doesn’t end until July 26, 2010. The “good news” is that this bear market will quite possibly be completed by the time aspect ends (or within the following 5 months). The bad news is that the start of this aspect series is still ahead. See “Longer-Term Thoughts” section for more discussion.

Every major stock index that we study made a new multi-year low last week, except two: the Swiss SMI and Dow Jones Industrial Average. But it is not just that so many indices made a new low that is important. It is the chart structure that is impressive, for herein one can see that these new lows represent the greatest percentage decline in many decades. Not only that, but they followed some of the greatest appreciation – rallies – in history. This reinforces one of our cyclical rules, which states that when a market rallies longer than anyone expects, the decline will also be much greater than anyone expects. For so many months in 2007 we were baffled by the fact that the stock markets kept rising and rising into - and beyond – the time band when the 4-year cycle trough was due. At the time, all I could do was repeat this rule. And now, unfortunately for many investors who did not get out, one can see the truth in this rule.

In Europe the AEX fell to 232.43 on Friday. This represents a 59% decline since its all-time high of 563.98 on July 13, 2007. It is now approaching its previous 4-year cycle trough of 217.10, which was recorded at the time the U.S. commenced its war to liberate Iraq on March 12, 2003. Note that the all-time high happened when the next 4-year cycle trough was supposed to be due, which is the case in all of these examples. The German DAX fell to 4014.60 on Friday. This represents a 50+% decline from its all-time high of 8157, also on July 13, 2007. It is still nearly double its 4-year low recorded also on March 12, 2003, at 2188.75. A similar pattern can be observed in London’s FTSE stock index, which made a new 5-year low on Friday at 3715.24. Its previous 4-year cycle trough was 3277.50 on March 12, 2003. After that, it soared to an all-time high of 6754.10 on July 13, 2007, so the decline now has only been 45%. The Swiss Stock Market (SMI) did not make a new multi-year low on Friday. It fell to 5410.95, still above the 5205.86 low of October 10, but down from its all-time high of 9548.09 achieved on June 4, 2007. It is also still up considerably from its 4-year cycle trough of 3618 of March 12, 2003.
 
In the Far East and Asia, the dramatic nature of this decline has been even more stunning. In Hong Kong, for example, the Hang Seng has now fallen from an all-time high of 31,958 on October 11, 2007, to Friday’s low of 12,618. This represents a loss of value of 62.47%. India’s NIFTY Index fell to 2525 on Friday, a decline of over 60% from its all-time high of January 8, 2008. In Japan, the Nikkei index fell back to 7647 on Friday, nearly matching its 54-year cycle low of 7604 back on April 29, 2003. It is now down 58% from its highs of mid-2007. In Australia, the All Ordinaries plunged to 3799.50 on Friday. That represents a decline of only 44.7% from its all-time high of 6873 back on November 1, 2007.

In the United States, the NASDAQ made a new 5-year low on Friday as it plummeted to 1493.79. It is still well above its low of October 10, 2002 when it was down to 1108.49. That is still down nearly 50% from its 4-year cycle crest of 2861.50, and still much lower than its all-time high of 5132.52 recorded on March 10, 2000, when the last hard aspect (square) took place between Saturn and Uranus. The DJIA, like the Swiss SMI, did not make a new low on Friday. It fell to 8187, which is still considerably above the 7882 low of October 10. It might have exceeded this if it had opened earlier, for the DJIA futures were locked limit down when they opened on Friday. In the case of the DJIA, it is challenging the 7197 lows of October 10, 2002. The low of October 10, 2008 was already down 44% from its all-time high of 14,198 on October 11, 2007. The market seems to like the October 10th period. It may also like this current period too, for four years ago, the market was making an important low on October 26, less than 2 weeks before that USA presidential election. Usually this means the party in office will lose. But not then. The market soared into the election of 2004, and George W. Bush was re-elected. Are we about to witness another stunning reversal in the stock market and the election polls? It is doubtful, but with Saturn still approaching its opposition to Uranus on Election Day itself, nothing will surprise me.

Precious metals and crude oil also witnessed stunning declines last week. Silver, for instance, fell to 865 during the day on Friday, a loss of nearly 60% in value from the 2115 level posted last March. Gold dropped to 681 on Friday, down $367 from its all-time high of March 18. Crude oil made its all-time at 147.27 just last July 11. On Friday, it was down as low as 62.65, now off over 57% and confirming our forecast of a 50-90% decline before Uranus left Pisces. There are some things that simply cannot be understood or prepared for properly in advance without the aid of Financial Astrology combined with Cycle Studies. It is truly a gift from the heavens (i.e. God), and nothing that I have studied demonstrates the existence of an orderliness to the universe (i.e. a Divine Intelligence at work) more so than the study of Astrology. It is humankind’s misfortune that this marvelous study is not used more effectively in understanding trends that coincide with both the individual and society’s cyclical nature, as alluded to in the Book of Ecclesiastics (i.e. for everything there is a season under heaven).

Short-Term Geocosmics

 As mentioned earlier, we are fast approaching the Saturn-Uranus opposition of November 4. But the day before, November 3, is also important, for that is when Venus will “translate” the Saturn-Uranus opposition in a T-square (squaring both). Every “translation” of the Sun or Venus to the Saturn-Uranus opposition of this year has coincided with a serious sell-off in stocks throughout the world. This one is no different. Venus rules assets, and has special significance to currencies and Soybeans. Both are falling hard since their all-time highs of just a few months ago.

 We also note that our next time band of heavily populated geocosmic signatures starts on Halloween, October 31, and lasts through November 13. There are nine important signatures unfolding then, of which five are Level One (strongest) types. We can anticipate the week starting November 3 may be one of the most important reversal weeks of the year. We already know that politically it will mark an important change as well. An era will have ended and a new one will begin. The new era will be dramatically different than we have experienced for the past 8 years in terms of economics and military activity, regardless of who wins.

Longer-Term Thoughts 

 In “The Ultimate Book on Stock Market Timing Volume 2: Geocosmic Correlations to Investment Cycles,” there is a special study titled “Saturn-Uranus in Cardinal signs.” This study examined the 8 cases of Saturn-Uranus in hard aspect, in cardinal signs, since 1761, and their correlation to long-term cycles in the British and U.S. stock indices. The results showed that in 7 of these 8 cases (87.5%), an 18-year or greater cycle unfolded within 5 months of the central time band. That is a quite phenomenal result! I bring this up because Saturn and Uranus will be in opposition, in the cardinal signs of Aries and Libra, on that last passage, July 26, 2010. In this case, we are looking for the 72-or 90-year cycle trough, a cycle that historically has coincided with losses of 50-90% in stock markets around the world. We are already there in several stock markets, and nearly there in all the others. But typically, these declines last 3-22 years from their all-time highs. The year 2009 will be only the second year. Could it be done by then? Why not? We are in the part of the Pluto cycle where time “speeds up”. That is, when Pluto transits Scorpio through Capricorn, it stays only 12-15 years in each sign. When it is on the opposite side of the zodiac (Taurus-Cancer), it spends up to 28 years in each sign. 

 The “ideal” time for this bear market to end is anywhere between 2011 and 2016, as discussed in my article on “Pluto in Capricorn: The Good, The Bad, Even Worse, and Redemption,” which you can read on our web site at www.mmacycles.com. But sometimes long-term cycles contract, especially when Pluto is moving through the “fast part” of its orbit around the Sun. Pluto, ruler of debt and reform, is going to re-enter Capricorn again on November 26, where it remain through much of 2023. Yes, it is a new era we are entering.

 

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).

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.