Weekly Preview MMA Comments for the Week Beginning September 6, 2010 
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| MMA Comments for the Week Beginning September 6, 2010 |
| Written by Raymond Merriman | |
Review and PreviewIn typical Mercury retrograde fashion, nothing was typical last week and prices continued to see-saw back and forth every 1-4 days, with an end-of-week notable spike to the upside. There were ample displays of market divergence throughout the week, suggesting that the markets continue to perform with “unusual uncertainty,” in the words of Fed Chairman Ben Bernanke. But the good news is that even with these signs of divergence, several stock indices are exhibiting bullish signs. The not-so-good news is that these bullish signals are being generated while Mercury “the Trickster” is retrograde. We can’t be certain that these normally reliable technical and pattern-recognition signals will be valid this time. In Asia and the Pacific Rim, the Hang Seng of Hong Kong, Nikkei of Tokyo, and NIFTY of India, all sold off to a bottom on August 31-September 1. The MICEX of Moscow and All Ordinaries of Australia did not take out their lows of August 25, for a case of weekly intermarket bullish divergence. Each of these markets rallied into the end of the week, but only the Hang Seng has succeeded so far in taking out its high of August 9, during the Cardinal Climax. In Europe, only the German DAX index took out its low of August 25. It formed a new weekly low on August 31. Each of the European indices then rallied sharply into the end of the week, but only the FTSE of London made a higher high than its peak of early August (Cardinal Climax). So we have a case of intermarket bullish divergence on the lows, and possibly a case of intermarket bearish divergence developing on the highs of last week. In the Americas, all, the equity indices held their lows of August 25-26. However the Dow Jones Industrial Average and NASDAQ Composite came very close to those lows again on August 31 before reversing sharply to the upside. So far none of these indices has exceeded their highs of early August when the Cardinal Climax was in full force. So, from the viewpoint of Financial Astrology, what was so important about those lows of August 31 or September 1? That was the middle of the Mercury retrograde time band of August 20-September 12. One of our rules is that markets which do not reverse their trend around the date of Mercury retrograde, will oftentimes undergo a strong but brief counter-trend reversal in the middle of the retrograde zone. That happened in many of these world stock indices, which continued lower past Mercury retrograde on August 20. It may have worked the opposite way in Gold, Swiss Franc, and the Japanese Yen, which continued their up trend past Mercury retrograde, but experienced their highest price to date (or double top) on August 31-September 1. The most impressive move last week may have been in Silver. From a low of 1778 on August 24, just two trading days after Mercury turned retrograde, the December contract soared to 1997 on Friday. The chart pattern in Silver looks like a very bullish breakout. But then again, this is all happening under Mercury retrograde. Can it be trusted? Short-Term GeocosmicsThis forthcoming week is interesting for many reasons to Financial Astrologers. First of all, September 4 begins a long time band, lasting through October 8, in which there will be 11 important geocosmic signatures with higher than average correspondence to reversals in many financial markets. There are no more than 5 calendar days separating any two consecutive signatures. That constitutes a “geocosmic cluster” from which critical reversal dates are determined, as reported in the studies of “The Ultimate Book on Stock Market Timing Volume 3: Geocosmic Correlations to Trading Cycles.” Given that this period covers the Autumnal Equinox of September 21, this particular cluster should be significant. After all, the planets of the Cardinal Climax are in the very early degrees of cardinal signs, which are the degrees of seasonal equinoxes and solstices. They are doubly significant now. This week is also important from the perspective of Financial Astrology because on September 8 there is a new moon, and both Venus and Jupiter change signs. Each of these can correlate to a change of values in the investment community as well as for world leaders. What was the focus of attention before, now shifts to something else. Perhaps investors wake up to the idea that investing in Treasuries at such historically low yields is – was – not such a good idea. They may tip their toes back into the water where there is more reward for well-calculated risks. Longer-Term ThoughtsHowever, how confident can investors be in this economic and political climate? When the chairman of the world’s most influential central bank describes the economic future as “unusually uncertain,” who really knows what a well-calculated risk might entail? Maybe a Financial Astrologer could be helpful, for there are correlations between the planetary patterns of today with themes (and outcomes) that occurred under similar celestial patterns in the past. That is, after all, one of the values of Financial Astrology. But it does require an open-mind, something that is claimed by many, but demonstrated by few, when it comes to subject of Astrology. But let’s consider recent events in light of basic astrological tenets, and even common sense. The Federal Reserve Board Chair makes the statement in mid-August (under the intensity of the Cardinal Climax) that the economic outlook is “unusually uncertain.” Prior to that, he had announced the Fed would trim down its balance sheet which had tripled in assets following the Panic of 2008. It had printed massive amounts of money and used that to purchase U.S. Treasuries and mortgage backed securities. Those treasuries and securities were coming due. Now, as a trader or investor, let me ask: if you see the outlook as “unusually uncertain,” do you normally make a decision to purchase a large amount of assets whose value will be affected by the economic climate? Or do you sit tight and wait for the picture to clear, and then make a decision where to invest your monies – or in this case, the monies of other people you serve? Bernanke and the Fed made the decision to vary from the previous mentioned strategy. Instead of drawing down the Fed balance sheet, they would instead use the monies from the sales of these Treasuries and securities to buy more long-term Treasuries (but not more mortgage backed securities). The question is: was that a wise decision, given that the market was viewed as “unusually uncertain,” and also given that the Cardinal Climax planets were forming a grand square to the Sun-Pluto opposition of the FRB chart (December 23, 1913, 6:02 PM, Washington D.C., source New York Times)? Or will there be unforeseen consequences later on this decision of further stimulus, further manipulation and interference with the normal market climate? From the viewpoint of Financial Astrology, I would be concerned about the wisdom of this decision. To me, this decision does nothing to address the problem of the out-of-control federal debt. To the contrary, it gives support to the government’s urge to continue with $1 trillion + budget deficits. In his more wise moments (and he has had many of them, in my opinion), Bernanke has warned Congress and the White House numerous times that they need to address and bring down the federal deficit. Why does he warn the government of the need to seriously tackle the federal deficit and ballooning debt? From a Financial Astrology viewpoint, it is because the U.S.A. is going bankrupt. Pluto and Uranus (in early Cardinal signs, with Jupiter) are forming a T-square to the USA Venus-Jupiter conjunction in early Cancer. These are classical bankruptcy signatures, which simply mean there is the temptation to spend more than one can afford, and then the debt gets out of control – unless one takes measures of austerity to prevent that from happening. By deciding to resume buying long-term Treasuries, the Fed is enabling the never-ending spending addiction of Congress and the White House. At some point (very soon, I think), there will be consequences directly related to this inability and unwillingness to control spending. Why is this important? Simple: the Fed is hastening the day of sovereign default which, in truth, will be caused more by the betrayal of our political leaders as fiduciary managers of our nation’s finances than by the Fed itself. It is no longer a matter of IF the United States will default, but rather WHEN and HOW it will default, and what that will do to the U.S. Dollar in terms of its special status as the world’s reserve currency, which in turn lets the Fed freely print more and more dollars as it sees necessary. What happens when that changes? But don’t despair and lose sleep over this. The possibility of default is not just an American phenomenon. The entire world is on the verge of default (well, a great portion of it is). After all, Pluto in Capricorn squared by Jupiter and Uranus in Aries (now late Pisces) affects every one. We are all in this together, and it is the dynamic that is going to lead to a whole new era of shared sacrifices and changes in governance and banking throughout the world. It has already started, as we are now fully into the Cardinal Climax of 2008-2015, and in fact we have just passed through the Astrological center of this cosmic tsunami. There is something cleansing that occurs after such an ordeal. That’s the promise of Pluto in Capricorn, 2008-2023. As you might expect, the idea of sovereign default, bankruptcy, and a bubble in the U.S. Treasury market is not a view shared by everyone, and certainly not by those who are the frantic buyers of U.S. debt right now. It is possible that my read of this possibility is incorrect because as Bernanke says, the outlook is “unusually uncertain.” It depends upon how much you trust your government and its leaders – their intentions as well as their level of competency to manage the nation’s finances. Here are two interesting links that outline the two sides to this discussion. http://www.businessinsider.com/david-rosenberg-on-the-bond-bubble-2010-8 |
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.
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