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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (24104)	1/30/2003 5:31:48 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 57110

I am rereading Merriman - MMA COMMENTS FOR THE WEEK BEGINNING JANUARY 27, 2003 We are now in another significant cluster zone January 21-February 5, consisting of 7 major geocosmic signatures that we rate Level 1, 2, or 3. The midpoint of this cluster is January 29, which represents the first critical reversal zone of the year for us, as pointed out in this year’s Forecast For 2003 book. As we head into this week’s critical reversal zone, nearly all of the major world stock indices are pointed down. The London FTSE is now making its lowest prices since 1996. The German Dax, Netherlands AEX, and the Swiss Market are all falling to their lowest levels since those lows of October 10. The American markets are breaking "necklines" of head and shoulders chart formations, which is bearish and points to further fallout ahead, maybe down to 7000-7700 on the Dow Jones Industrial Averages. Both the Hang Seng of Hong Kong and All Ordinaires of Australia are pointed down, but nearing the levels of late December. Only the Nikkei Index of Japan fared well last week, as prices closed near the highs of the week, and close to their highs of the past 6 weeks. Obviously the weakness in the world stock indices point to the unrest present in the world today. War looms large, and as long as it is anticipated, stocks will continue to fall and commodities like Gold and Crude Oil will continue to rise. All of this international tension was forecasted well in advance in this column, via our knowledge of geocosmics. And the peak is still ahead, as Mars moves towards the conjunction of Pluto and opposition of Saturn, February 15-20. This week will see a preview of that energy as Venus makes the same passage to the same far out planets. The only difference is that Venus tends to be milder than Mars, especially when both are in fire signs (Sagittarius). Even though our mundane focus is on that Mars transit of mid-February, our market focus should not be complacent for this week. The signatures in effect this week actually have a greater historical correspondence to reversals in stock indices than those of February 15-20. Specifically we need to be concerned about Venus square Saturn on January 28, Sun conjunct Neptune on January 30, and the Sun in opposition to Jupiter on February 2. All of these are Level 1 (strongest) types. The Sun/Neptune and Sun/Jupiter signatures are amongst the very strongest that we know about, and can coincide with very large price moves – the 300+ point variety in the Dow Jones Industrial Averages. But they are also part of a bigger aspect developing in the heavens, known as Jupiter in opposition to Neptune. This 14-year signature occurs in three passages this time, with the second one taking place on February 16. The first passage occurred on September 11, 2002. That was just a couple of weeks after the high of August 22, when the DJIA was above 9000. It then fell hard, all the way to the new 4-year cycle low of October 10. And now here we are tracing out a very similar pattern. Just one week ago we were testing the 9000 mark again. And now we are testing 8000, the lowest price of this New Year. This decline will be a test as to whether or not the 4-year cycle low really did bottom last October, or is still unfolding. The bad news is that with Jupiter in opposition to Neptune, there may be no support to the market. Panic can take over, and drive prices far below where they are fairly valued. With Mars also hitting Pluto and Saturn during the same time, the emotions about the war may be extreme. And who knows, maybe terrorist activity occurs in conjunction with it, causing many to think the worst nightmare is already happening. Neptune has rulership over such mundane things as gas, poisons, and chemical weapons. But Jupiter can also represents exaggeration of the problem, and the presence of many rumors (not facts). It is also a time that may be fraught with betrayals and deceptions, so one really must wonder if any so-called coalition is really as intact as some world leaders think. The period is prone to misjudgments, deceits, and displacement of the truth. Things are hidden, and if they are revealed, it may be a time of great embarrassment to the perpetrators. So what do you do in a period like this? You try to be accurate in your words and assessments, and truthful in your intent. As a trader, you buy the rumor (war is coming) and sell the fact (war is taking place and about to end) if you are dealing with commodities. It is the opposite with stocks. An exceptional buying opportunity is probably approaching. But until it really arrives, there is considerable risk in buying too early.