MMA WEEKLY - Financial Astrology commentary, Market timing, MMA Cycles, The Merriman Market Analyst

The Market Week in Review :

             Stock indices throughout the world continued lower into last week. They tried to rally towards the end of the week, but started falling again as the week ended. In the case of U.S. stock indices, the sell off as Friday closed was very sharp.

             In Europe, all indices we track were well off their recent highs. The AEX of Netherlands fell to a new low for this cycle at 521.75 on Wednesday, well off its multi-year high of 563.88 back on July 13. The German DAX index was down below 7400 late last week, well off its all-time high of 8151 achieved back on July 13 also. The FTSE of London was also well off its multi-year highs of 6754, also recorded back on July 13. Last week it spent some time below 6200. And the Swiss stock index closed at 8775, well down from its all-time high of 9548 recorded back in early June.

             In the Pacific Rim, the All Ordinaries of Australia fell from its all-time high of 6469 on July 13 to 5952 on Thursday, August 2. The Hang Seng of Hong Kong did likewise, falling to 22,144 on August 2, well off its all-time high of 23,557 back on July 26. The Japanese Nikkei fell all the way back to test its lows of last March, plummeting to 16,652 on Thursday, after being above 18,000 just the week before.

             In the Americas, The Dow Jones Industrial Average continued falling to a low of 13,132 last Wednesday, August 1, well of its all-time high of 14,022 back on July 17. The NASDAQ Composite also fell sharply, down to 2525 on August 1, more than 200 points off its six-year high of 2724 recorded back on July 19. As of the close on Friday, the DJIA was almost back to the weekly lows, closing at 13,182.

             Each of these indices bottomed within three trading days of the July 31 critical reversal date as identified in our MMA Cycles report. In fact, most were only one day off. But the rallies that followed have not been sustained as the week ended, leaving some doubt as to whether or not they will hold next week. On the bullish side, the daily momentum indicators are oversold and making a pattern oftentimes seen at new cyclical lows. On the not-so-positive side, Venus continues retrograde through early September, and most of these multi- and all-time highs were posted within 12 trading days of that event (July 27), a time when we anticipated that long-term cycle highs in many stock indices would culminate.

             In other markets, Crude Oil managed to make a new all-time high on Wednesday, August 1, reaching 78.77. But then it started to sell off, which is not so unusual, especially given that this is right within the same critical reversal period, and prices were testing the previous all-time high. Gold and Silver had modest rallies last week, after bottoming right on the Venus retrograde date the week before. The possibility thus exists for more rallies to come as the Venus retrograde period continues into early September.

Short-Term Geocosmics :

             The major geocosmic signature in effect right now is the Venus retrograde, July 27 through September 8. Typically we look for a long-term cycle high or low to form within 12 days of the retrograde event, and then for many markets to embark on counter-trend moves into the direct period, +/- 10 trading days. As stated in last week's column, "For the short-term, the high of the 4-year cycle could very well have been put in on July 17 when the DJIA topped out at 14,022. That was within 12 trading days of Venus turning retrograde, when primary or greater cycles unfold with 78% regularity (that's huge!)." We also note that on July 27, Gold and Silver made a successful re-test to their primary cycle lows of late June. If Venus retrograde holds as it has oftentimes in the past, then those lows of July 27 should act as strong support on any downturns.

             But the next two weeks should be very interesting. First, there are two Jupiter transits of some importance in effect right now. On August 2, the Sun formed a trine to Jupiter, and on Monday, August 6, Jupiter will turn direct. These are usually indicative of rallies in stocks, but they are not that strong in terms of cycle types that form. In other words, rallies into these periods may be corrective in nature, for they only rank as "level 3" and "level 2" types according to our studies reported in "The Ultimate Book on Stock Market Timing, Volume 3: Geocosmic Correlations to Trading Cycles." Venus retrograde, on the other hand, is a powerful "level 1" type, the most powerful type of correlation to a primary or greater cycle in U.S. stocks. Thus we saw some attempts to rally off the lows last week, and there were times that the rallies were quite strong. But they didn't last, which suggests there could be further declines this coming week, and possibly even into early September. In fact, it is even possible that if the market declines into Venus direct, the amount of the decline could eventually reach 10% and maybe even 20% from the July 17 highs, for it may even coincide with the 50-week and 4-year cycle troughs. Both of these are due any time by the end of this November - unless they already occurred in either October 2005 or July 2006. As discussed before, I don't think they bottomed then because those declines were only 7.5 and 8.5% respectively, whereas historically there have been no cases of such 4-year cycle declines being less than 12%. Thus the most logical question is: will the decline end by the time Venus turns direct, or will it extend out to October-November?

             Many analysts think the market is ready for a powerful reversal and will rally right now, probably based on the technically oversold condition of the market. They may be right, but with Venus retrograde, technical studies have a tendency to be unreliable, just as when Mercury is retrograde. We may know the answer to this between August 13 and 27, when both the Sun and Venus conjunct Saturn, and form an opposition to Neptune. You may remember prior columns dedicated to the 36-year Saturn-Neptune opposition, which finally ended June 25. Well, the themes of that signature are still with us while Mars, Venus, and Sun still transit in aspect to these two planets. Mars has just finished that "translation" this past week, and the market did make low, albeit possibly only a temporary low. But the Sun and Venus now follow in 1-3 weeks, which leaves open the possibility of another slam down during that period. On the one hand, they could also produce a reversal (i.e. rally) since the market is indeed oversold. At the very least, the same depressing themes that dominated the entire last year under Saturn-Neptune opposition, return to the news: ethics violations and cover-ups by our leaders, denial of responsibility, efforts to harm the reputation of others by creating false impressions based on inaccurate or misleading facts, and of course problems with sub-prime lenders. The wish for honor and accountability remains very strong, and without it, politicians and business leaders continue to languish in the distrust (and disgust) by the public.

Long-Term Thoughts :

I will make this very brief this week. I note that Hillary Clinton's campaign is growing in popularity, according to surveys reported in several newspapers this past week. You may remember that almost two years ago, this column suggested that she would make a strong bid to become the next president, and based on the U.S.A. Mars turning retrograde in its progressed horoscope, she might very well succeed. Mars is a masculine planet, and a planet ruling combat and war too. The idea was that the U.S. would start to move into a less militarily aggressive mode over the next 72-80 years (starting in 2008-2009) preferring to build and secure its own borders rather than to engage in the conflicts of other nations on their soil. But there is something simple to realize about Hillary Clinton, based on the fact that she is a Scorpio sun sign (October 25, 1947, about 8:00 AM, Chicago, according to C. Longacre, from questioning her mother). There are basically two types of world leaders: those who actually lead, and those who manage. Based on my understanding of astrology, Hillary falls into the later category. She is manager. The question voters will be asking themselves in the next election is: do we need a leader, or do we need someone who can manage the situation well? All the candidates seem to be trying to convince everyone that they are "leaders." George W. Bush was a "leader." But was he an effective "manager?" Hillary, in my opinion, is not a "leader," but rather a "manager." As a Scorpio, she will be sensitive (maybe oversensitive) to other people's values. She (like her husband Bill) will always want to know what others think. what do the polls say. and will likely adjust her decision-making around those polls, which is what effective managers oftentimes do. So this question is: will she be an effective manager, or someone who gets lost in the conflicts oftentimes posed by polls that reflect incompatible positions on various issues? .

Before leaving, you can thank the author and the writer by clicking on one of the pictures (advertisements) located on the right hand side.... it will cost you nothing... !!!

Announcements :

I will be presenting an all-day workshop on Financial Astrology at the DAV (German Astrological) Congress in Karlsruhe, Germany, October 5. I am looking for a translator for this workshop. If anyone would be interested in attending in return for translating this workshop from my English presentation into German, plus a new copy of the German edition of “Merriman on Market Analysis: The Basics” when it comes out about that time, please contact me at mmacycles@msn.com. The emphasis will be upon stock indices (DJIA and DAX), and Gold and possibly Euro versus US Dollar.

The SOS Stock Market Cycles Report and the SOS Global Stock Markets Report came out last week. These reports come out every 6-8 weeks to subscribers of these reports. This report is in two parts. The first report - SOS Stock Market Cycles - focuses purely upon the long-term cycles in the U.S. stock market, specifically the Dow Jones Industrial Average, followed by discussions on both intermediate and short-term cycles. It is the big picture ahead.
The second part is the SOS Global Stock Markets Report. This covers the German DAX, London FTSE, Netherlands AEX, the Australian All Ordinaries, Hang Seng of Hong Kong, the NASDAQ Composite Index, and the XAU Gold and Silver Mining index. For ordering information

The Forecast book for 2007 : The Forecasts for 2007 book is now available for $30.00. The year is now half over, and the time when we release the remaining copies of the current Forecast Book at a steep discount. The normal price until now has been $45.00, but from June 15, 2007, the remaining copies will be sold at $30.00 while they last. Utilizing the study of cycles and geocosmic factors, this annual Forecasts book outlines forthcoming trends pertaining to political, economic, and financial markets throughout the world. And of course: the all-important Critical Reversal Dates for financial markets in 2007. Although 2007 is only approximately half over, many of the critical reversal dates given for various markets have been impressive. As of early June, 5 of the 6 reversal dates in T-Notes have coincided with cycle reversals within only two trading days or less, including the yearly high of March 5. All seven of the reversal dates given for the stock market have resulted in tradable turns in the S&P futures within only one trading day. The first two trading dates in Gold and Silver were non-events, but the next four were right on, including the yearly low in Silver on March 5. But the currencies were perhaps the most impressive with all 8 reversal dates coinciding with turns in the either the Swiss Franc or Euro, with seven occurring within just 1 day or exactly on the date given, including the yearly high in the Euro on April 27. The grains were very impressive with accurate dates given in 7 of the 8 instances. The yearly highs and lows (as of June 15 were all nearby to these dates. And finally Crude Oil. The yearly low was on January 18. The first reversal date given in the Forecast Book for Crude Oil was January 19. The high so far was on March 27, one day after the given March 26 reversal date. In fact, 6 of the 7 dates given for reversals in the crude oil market were within one trading day of actual reversals in price. The year is only half over. There are still plenty of reversal dates coming up in all these markets. Order now, while supplies last, and find out when the next reversal date is in the markets you like to trade!

If you wish one of the remaining copies of this very valuable reference book (especially for traders), you can still order a copy via our web site.

This year's book is a little larger than previous year's (8 pages longer), but as always, it shapes up to be another exciting year. All years of this decade are significant due to the “Triple Saturn” oppositions which started in 2001. Utilizing the study of cycles and geocosmic factors, the annual Forecasts book outlines forthcoming trends pertaining to political, economic, and financial markets throughout the world. Special sections included on The United States and its President, Interest Rates, Stock Markets, Precious Metals, Currencies, Crude Oil, Weather, and Grain markets. And of course: the all-important Critical Reversal Dates for financial markets in 2007. If you wish to order a copy online of this year's book, or call us at 1-800-MMA-3349.

When they are gone, they are gone. Despite the fact that we increase our printing orders every year, we have still sold out two of the past three years. So order now and make sure you get a copy - if you wish one.

For more information.

The Forecast for 2007 CD is now available! This 2-set CD was created from the speech given January 6, 2007 in Birmingham , Michigan . It is about 2.5 hours long, and covers both the long-term political and cultural cycles we are currently in, as well as those that pertain specifically to 2007. Special areas of discussion include the Crude Oil and the coming energy transformation, the long and short-term economic cycles, the USA and its President, and of course, financial market cycles of stocks, interest rates, housing, and precious metals. The cost is $45.00 plus postage for the CD set. To order, please write to odersmma@msn.com, or call us at 1-800-662-3349, or 248-626-3034.

The newly revised The Sun, The Moon, and Silver Book : Secrets of a Silver Trader, is now out. This is a book that you will use as a reference guide for...many, many years. It identifies all the key Sun-Moon combinations that have a higher (and lower) than expected probability of correlating with 4% or greater reversals in COMEX Silver. It also identifies “Big Range Days” - those days in which the range of Silver is most likely to be 3.5% or more of the price of Silver, which is a great tool for day traders. This book fulfills the dream of all traders: high probability winning trade possibilities, with minimal market exposure. It is that “extra edge.” And Silver is a great market to trade now. The cost is $125.00. For ordering on line.

If you are an active short-term trader, you may wish to consider subscribing to our Weekly or even Daily Market Reports with short-term trading recommendations. 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-Bonds, Soybeans, Wheat, Gold and Silver. The daily reports cover all stock indices listed above, as well as futures in Euro, T-Bonds, Soybeans, Gold and Silver. Subscription to the daily report also includes the weekly report. For more information, or call our offices at 1-248-626-3034.

The “MMA Cycles Report” and “MMA Japan Markets Cycles Report” came out last week. These reports come out every three weeks to subscribers of these reports. The “MMA Cycles Report” (Monday night by email) is our market advisory report for traders of the U.S. stock indices, T-Notes, Gold, Silver, Euro, Swiss Franc, Grains, and Crude Oil. The “MMA Japan Cycles Report” covers the Nikkei, Dollar/Yen, and JGB Bonds, and comes out Tuesday afternoon. For more information

I have had several calls regarding a “crisis investing” portfolio that I suggested could be developed with the help of a money manager who subscribes to my reports, and shares my views about the next few years. If you are interested, you can contact him at ted.fisher@comcast.net.
He will be more than happy to assist you.

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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