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MMA Comments for the Week Beginning October 29, 2012
Written by Raymond Merriman   

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    “As the deadline for fiscal peril in the U.S. nears, Wall Street is worried that the impact could be much worse than anyone thought—while investors remain nearly oblivious to the danger.” – Jeff Cox, CNBC.com staff writer, “Why the Fiscal Cliff May Be Bigger Threat Than You Think,” October 19, 2012.


    Someone once said to me that the hardest markets to trade were war and election-season markets. If you have been trading the stock indices over the past week, you might find this lament to have an element of truth in it. Last Friday, October 19, the Dow Jones Industrial Average (DJIA) was down 205 points. It looked like it wanted to rally early Monday, but then on Tuesday, October 23, it was down another 245 points. Every day thereafter it stated out with rallies, but then fell somewhat sharply before the close. It seems like it wants to go up, but it just runs out of steam before the session is over.  


    But now the DJIA gets perilously close to a long-term upward primary trendline connecting the 15.5-month cycle low of last October 4, 2011 to its half-cycle low of June 4. That trendline is just above 13,000 now. When (and if) you break a trendline like that, it often means the next highest cycle has topped out, which in this case would be the 4-year cycle. There are other criteria needed to confirm this has happened, which we discuss in our subscription reports, but all readers of this column should understand that the U.S. stock market is near a very critical price point. What makes it more critical is that powerful aspects involving Uranus are in effect this coming week and again in late November. When Uranus is strong and markets are near important trend lines and support-resistance areas, they often break through – if they don’t completely reverse. Uranus has no respect for boundaries. It loves to break them. And when that happens, panic can ensue. We are entering such a period next week and again later in November (November 22-December 2).


    You already know that the geocosmic picture is critical now through December 2 per previous columns. And of course you know that two very important fundamental issues loom immediately ahead that relate to these geocosmic signatures: the USA Presidential Election on November 6, and the “Fiscal Cliff,” or “Taxmageddon” on January 2, when a slew of new taxes will go into effect that will push investors to sell many of their holdings, while at the same time extreme spending cuts will kick in. The combination will very likely send the USA and world economy into a sharp recession through the first half of 2013, unless this “sequestration” is repealed before then. As pointed out before, if this economic threat is not solved in time, the stock market could easily drop at least 30% from its previous crest (right now, that crest is 13,661 as of our October 5 geocosmic critical reversal date). It is quite possible that such a decline has already started, and if not solved by December 2 (Sun in opposition to Jupiter, preceded by Mars translating the Uranus-Pluto square November 23-27), a torrent of selling could very well ensue. For those in the USA, this might be a Thanksgiving season to remember, but for all the wrong reasons, unless Congress and the White House can deliver something to be thankful for, like reaching “across the aisle” in a show of unity to prevent this economic crisis, on behalf of the citizens they were elected to serve.


Best Trades of the Past Week


    There were several recommended trades that were elected last week on both the daily and weekly reports, but it is a little early to chose which are the “best ones.” It may be the half positions on the long side that were covered for decent profits in the Euro, Swiss Franc, and Euro-Yen currencies. It may be the short positions taken on the stock indices, or the longs in Gold and Silver, taken late in the week on the daily report. But let’s go with these for now. The weekly report on the Dow Jones Industrial Average stated, “Position traders are still short... Cover 1/3 of positions if prices drop to 12,950-13,075, and bring your stop-loss down to a close above 13,500. Aggressive traders are also short… Cover half those positions below 13,075, and move stop-loss down to a close above 13,350 on the rest.” On Thursday, the DJIA fell to a weekly low of 13,039.


The daily report of Wednesday, October 25, on Silver, advised: “Aggressive traders (may) look to buy again at 3125-3155 with a stop-loss on a close below 2950 or 3050, depending on your risk allowance.” The low that day – and that week – was 3153.50.


Short-Term Geocosmics


    We are right in the middle of another slew of powerful geocosmic critical signatures this week. Mars will be in opposition to Jupiter on Sunday, October 28. This is followed by Venus entering into a T-square to the Uranus-Pluto waxing square (November 1-3), and Mercury turning retrograde (November 6). As stated last week, and already starting to unfold, “It could also correspond to a very large price swing in world equity prices because Mars is also in Sagittarius at the same time (October 6-November 16)... This is a combination of dynamics that suggests very wild markets. Mars represents impulse and aggression, the urge to win at all costs… It can be combative and war-like… (and) financial markets can display powerful rallies or crushing declines …”


    On top of all that, there is a full moon on Monday, October 29. In two weeks, there will be a solar eclipse at 22 degrees of Scorpio, on November 13. Why is this important? Because it is on my natal Venus, so the whole world-wide financial system will probably collapse. Seriously, I know many financial and mundane astrologers are concerned about this eclipse - as they are with most eclipses. But keep in mind that this is a North Node eclipse, not a lunar South Node one. Usually North Node eclipses contain a silver lining of hope. Since the eclipse is in Scorpio, and Scorpio pertains to debt and the eclipse pertains to a “change of direction from the past course of action,” there is cause to be hopeful. As I will discuss in great detail in the Forecast 2013 Book, there is a very rare celestial configuration that will occur next year that portends the possibility of finally bottoming with this world-wide debt explosion. It is as if a massive part of the world population understands the consequences of what has happened over the past decade, and accepts the remedies necessary to stop this slide into financial oblivion. As a result, we may experience the bottom and through this window of collective understanding and acceptance present in mid-2013, start the rebuilding that will bring us back. Of course it will not turn magically overnight. But decisions can be made which reflect some kind of universal law and understanding, and probably by 2015, the worst can be over. For humanity, this planetary pattern, as unusual and powerful as it is, can represent the start of a more solid and secure financial foundation.


Longer-Term Thoughts


    “There’s no more serious issue on a presidential campaign than trust. Trust matters. And here’s the thing. Iowa, you know me. You know that I say what I mean and I mean what I say.” Barack Obama, Wednesday, October 24, campaigning in Iowa (Wall Street Journal).


    “In time it was no surprise that people began to ask: Was the White House hiding something about an event (terrorist attack in Benghazi that killed USA Ambassador Chris Stevens and others) of enormous gravity to protect the president’s candidacy? For much of the American electorate, that would be cause to start marking down the presidency…. The incumbent president has a credibility gap.” Daniel Hemninger, Wall Street Journal, October 25, 2012, “Suddenly, a Credibility Gap.”


    So which is it? Is the president credible? Does he “… say what he means and mean what he says,” as he states? That will surely play on the public’s mind on November 6 when they go to vote – that is, those who haven’t voted already in the pre-election, absentee ballot period now in effect.


    I think we may see the credibility of each candidate on display in the next week. We will see it by the tactics that each employs in these final days leading up to the November 6 election, when Mercury turns retrograde, and Neptune is stationary and about to turn direct. This is not a combination that implies honesty and transparency, but rather one that may resort to trickery and surprise allegations and “leaks” that no one takes responsibility for. In other words, do not be surprised if there is one more shift in the polls in this next week. I would not, for instance, be surprised if suddenly, out of the blue, appeared a copy of Governor Romney’s income tax records showing he held an offshore account several years ago, or interviews with someone at Columbia University who went to school with Barack Obama who now reveals that he failed in an economics course… you get the drift. But if anything like that occurs, it is likely to boomerang against the candidate who would seem to benefit because… it’s all about credibility. Either you are transparent and credible, or you are not. And trust matters.


    And when Mercury and Neptune are highlighted at the same time, the issue of trust is a real challenge. Watch the news in the next week and the vote-counting in the week that follows. It could offer an important lesson in Mundane Astrology.
 

Announcements

Announcements

Due to the forthcoming Course 2 of MMA’s Market Timing Academy (MMTA) on June 15, and the vast amount of preparation needed to conduct this training, these free weekly columns of the next 3-4 weeks will be shorter than usual. I will need all the time I can muster in order to complete these preparations. Needless to say, I am very excited about the next course, which will instruct students and apprentices on the correlation of long-term geocosmic cycles to long-term financial market cycles, with an emphasis on stock indices, Gold, and Silver, but with material also related to Grains and Treasuries.

More of the research papers by students of MMTA from Course 1 (Cycles and Patterns in Financial Markets) will be posted on MMTA’s website this week at www.merrimanmta.com,  under “Student Research.” I think you will be as impressed as I am of the quality of work these students are performing already.

The next MMTA course will take place June 15-17, 2013 at the Michigan Education Center (MEC) in Troy, Michigan. Once again, it will be available as a webinar to those who wish to attend but cannot be there physically. This course is titled “Geocosmic Correlation to Investment Cycles in Financial Markets.” It will examine the correlation of Pluto, Neptune, Uranus, Saturn, and the Moon’s North Nodes to long-term trends and their cycle troughs and crests in many financial markets, including stock indices and precious metals, going back over 200 years. The cost of this webinar (for non-MMTA students and apprentices) is $2750. For further information and/or registration, please go to http://www.merrimanmta.com/course_two.shtml, or call MMA at 1-248-626-3034. Registration for this course will end June 12.

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. These weekly 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, Soybeans, Gold and Silver. The daily reports cover all stock indices listed above, as well as futures in Euro, T-Notes, Gold and Silver, plus GLD and SLV (the Gold and Silver ETF’s). 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 $850,000.  Thanks for your excellent publications.” - Bryden C., Small Business Owner, Illinois.

The monthly MMA Cycles Report and its companions – the MMA Japan Cycles Report and MMA European Cycles Report – came out last week. If you are a subscriber and did not receive your report, contact us immediately. This report covers our longer-term analysis of the U.S. stock market, precious metals, crude oil, currencies, Treasury Notes, and grain markets. The MMA Japan Cycles report covers the Nikkei, JGB Bonds, and the Dollar-Yen. The new MMA European Cycles Report covers the German DAX, Swiss SMI, and Netherlands AEX, each in English only, and will be available on Wednesday. For further information and subscription, go to http://www.mmacycles.com/catalogue/subscription-services/mma-cycles-report/.

If you are interested in a review of Course 1 of MMTA that took place April 6-8, please visit http://www.mmacycles.com/the-news/about-mma/a-review-of-the-mmta-course-1--by-henry-canciglia/. Or go to the www.mmacycles.com website and scroll down the first page. Henry Canciglia has an extensive background in the U.S. political and intelligence community. He is a graduate of the U.S. Military Academy, West Point. Henry is one of the 15 apprentices for the two-year MMTA course.

The April 6-8 webinar and live presentation on “Cycles and Chart Patterns in Financial Markets” has been completed. The DVD of this extraordinary event will be available in about one-two weeks. The LMS (Learning Management System) will also be available for uploading to new students who want to avail themselves of this training over the next two years. The LMS is expected to be available in about 5 weeks. You may now pre-order the DVD at http://www.mmacycles.com/index.php?option=com_content&task=view&id=421&Itemid=61. If you wish to place your order directly, please call Maureen Hogan or Amber Lundsten at 1-248-626-3034, or email to mhogan@merrimanmta.com. The cost of the DVD or the LMS will be $3000. It includes the very valuable 130+-page workbook, which follows right along with the DVD and LMS program.

Following the last MMTA workshop in April, MMA entered into an official affiliation with MetaStock. As most of our subscribers know, MetaStock has been my preferred market analysis tool for several years now, along with FAR for the Galactic Trader (they work together nicely).  I particularly appreciate the crispness of their graphics, excellent scanning capabilities, and wide range of technical indicators that I use in the analysis of our various reports. As part of our affiliation, MetaStock is offering special discount and free trial to all MMA readers and subscribers. If you would like to try a free trial of Metastock in order to view and evaluate their charting software, please go to www.metastock.com/merriman. Let us know what you think.

The DVD of the MMTA pre-training workshop on “How to Read an Ephemeris” is also now available! The cost of the 8-set, 10+ hour DVD packet, is $395.00 plus postage, and will include the workbook. If you are a trader, analyst, or student interested in enhancing your skills in market timing, or if you are considering applying for admittance to the MMA Market Timing Academy (MMTA), then this DVD is highly recommended. To order this DVD, please go to     http://www.mmacycles.com/index.php?option=com_content&task=view&id=379&Itemid=48.  You may also call or email us at 1-248-626-3034, or orders@mmacycles.com.  

Events:

May 30-June 2, 2013: Great Lakes Astrology Conference, Ann Arbor, MI. Featuring internationally known astrologers, Michael Lutin, Chris McRae, Monica Dimino, Glenn Perry, Lea and Aleksandar Imsiragic, Sandra Leigh Serio, and Raymond Merriman. For further information, please contact Pamela Wenzel at jcweipw@juno.com, or magnum1593@gmail.com, or visit their website at http://www. greatlakesastrology.com.   

June 15-17, 2013: MMTA Course 2: “Geocosmic Correlations to Long-Term Cycles in Financial Markets” with Raymond Merriman. Location: MEC Technical Center of Michigan State University, Troy, Michigan. This will be available as a webinar to non-MMTA students and apprentices fro $2750.00.

August 10-12, 2013: MMTA Course 3: “Geocosmic Correlations to Primary and Trading Cycles in Financial Markets” with Raymond Merriman. Location: MEC Technical Center of Michigan State University, Troy, Michigan.


October 12-14, 2013: MMTA Course 4: “Solar-Lunar Correlations to Short-Term Reversals in Financial Markets” with Raymond Merriman. Location: MEC Technical Center of Michigan State University, Troy, Michigan.

 

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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