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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (11578)6/27/2006 9:02:21 AM
From: Chip McVickar  Respond to of 12410
 
We both know astro is a useful tool in the hands of a proficient interpreter.

Merriman is nothing like Crawford...

Moon cycles haven't really proven to of value in and of themselves.

There are others I follow and will post if anyones interested...?

***************

MMA COMMENTS FOR THE WEEK
BEGINNING JUNE 26, 2006

Raymond A. Merriman ©

Review and Preview:

We are now leaving the third time band of heavily populated geocosmic signatures that were in effect June 4-22. As with the other two cases, this time band also witnessed the completion of primary (powerful) cycles in many financial markets, and hence provided exceptional trading opportunities. Most notably, many world stock indices and precious metals ended significant declines (formed troughs) very close to the midpoint of this time band (June 13-14) as described in last week’s report. All commenced impressive rallies immediately afterwards, which lasted through much of this past week.

In Europe , all the indices we track rose above 5-6% into Thursday from their lows of June 13-14. Just as importantly, all poked up above their 25-day moving average, which is an indication that the lows of June 13-14 were primary cycle types. In the Pacific Rim countries, the markets also rallied off the lows of June 13-14 into late last week. But none of them ( Australia , Japan or Hong Kong ) touched their 25-day moving averages. The same was true in Argentina and Brazil . Their markets also rallied into June 23 from their important lows of June 14, but failed to reach their 25-day moving averages. Yet in the Dow Jones Industrial Average and NASDAQ Composite, that average was penetrated by the rallies, thus giving a strong indication that they are indeed in new primary cycles. And as postulated by our theory of cycles, the early stages of all cycles are bullish.

Similar patterns were also noted in Gold, Silver, and Crude Oil. All bottomed on June 14 and continued their rallies into Friday, June 23. In the XAU Gold and Silver mining index, the market rallied from a low of 119.11 on June 14 to 134.26 on Friday, June 23, a gain of 12.7%.

Short-Term Geocosmics:

This week will find a new moon in early Cancer on Sunday, June 25. The new moon favors a two-week period – known as the “waxing moon” phase - of starting new efforts, especially as Cancer is a cardinal sign (cardinal signs are those that start the new seasons). However this particular new moon phase deserves a cautionary note for staring new projects because Mercury will begin its three-week retrograde motion on July 4. Mercury’s retrograde period (July 4-29) is not considered the most auspicious time for beginning new projects, for it is more indicative of changing one’s plans (or having plans changed as a result of decisions made by others, or circumstances outside of one’s control). In financial markets, new trends can start around the time of a new moon, but trends are oftentimes interrupted during a Mercury retrograde period. So anticipate that it may appear as if new trends are starting now, only to be interrupted by unexpected announcements and changes in policies, or conflicting statements, which result in a sense of uncertainty about the future.

On Wednesday, June 28, heliocentric Mercury will enter Sagittarius until July 9. Normally this would coincide with very sharp price moves, especially in currencies and precious metals. However, as this starts just prior to the long July 4 (Independence Day) holiday in the U.S.A., such large price swings may be tempered due to declining volume by the end of this week.

Another time band of several successive geocosmic signatures is in effect June 30-July 14 (a “geocosmic cluster”). We will discuss this critical reversal zone more in detail next week. For now, suffice it to say that it probably starts out with much hope and optimism, but gives way to confusion and mixed signals by the time it ends.

Long-Term Thoughts:

Last Thursday, June 22, the second of three passages of the Jupiter-Saturn waxing square was completed. This becomes an interesting mark in time, because there are three major aspects involving Jupiter to planets beyond its orbit this year, and all three will now be heading to their last passage before the year ends. In addition, an even greater long-term planetary cycle will soon begin its first of three passages in late August: Saturn in opposition to Neptune . Let’s briefly review the time line of these geocosmic events, and then consider their correspondence to mundane and financial possibilities.

The first of the three Jupiter transits involved its waning trine to Uranus, which unfolded November 27, 2005, May 5, and August 29, 2006. Keep in mind that the trine is considered the “most favorable” aspect in astrology. The second series involved the waxing square of Jupiter to Saturn on December 17, 2005, June 22, and October 25, 2006. The square and opposition are considered the most difficult (or challenging) of aspects in astrology. The third combination was Jupiter in waning square to Neptune on January 28, March 16, and September 24, 2006. The second passage of each of these Jupiter signatures has now been completed, which means the major brunt of their impact is probably over. The third of three passages is usually (but not always) the weakest force (of the three passages) associated with an aspect. And because Jupiter is a “benefic” in astrology, the force was not so stressful (at least to equity markets), even in the square formations. What is most interesting, however, is that the highest price of the year for many equity indices occurred nearby to the second passage of the only combination in trine: Jupiter trine Uranus on May 5. As stated in our May 22 column, “This is the last benefic aspect involving Jupiter and beyond for awhile. Now we approach Jupiter in waxing square to Saturn (June 22) and Saturn in opposition to Neptune (August 30)… Thus I think equity markets have topped out for awhile, and the 20+% decline to the four-year cycle trough is underway, as discussed before. Of course there will be rallies in between, but our strategy will be bearish, selling all rallies until we feel the bottom is in, and the trend is truly changing back to bullish.”

Our focus will now shift to the first of three passages of the even greater 36-year long-term planetary cycle of Saturn in opposition to Neptune, which takes place August 31, 2006, February 2, and June 25, 2007. Coincidentally, the last of three passages of Jupiter in waning trine to Uranus (the signature of the stock market high in early May) will be completed on August 29.

What might this portend? Well, in terms of psychological dynamics, it implies we are coming to crossroads where many of the hopeful and favorable (Jupiter) dynamics are still present, but losing their force. At the same time, the psychological dynamics associated with worry and apprehensions (Saturn-Neptune) are starting to increase. That “crossover point” is probably around the end of August, but my experience is that this “crossover point” in dynamics can have an orb of perhaps a couple of weeks, even a month or two. Ideally (to me) it would manifest in a recovery in equity markets, but probably not enough to muster a new multi-year high above the levels seen in May. In the political realm, it might indicate a rebound for politicians in office, but perhaps not enough to recover the losses of support recently experienced. The “best of times” for the year may be behind us, but it is not a case of suddenly being without hope. There are still positives to support the market and to believe conditions are not so bad. But those positives and hopeful beliefs may not be enough to carry this market to new heights before we hit the “crossover” point of collective psychology, as measured by these long-term planetary signatures. There may be enough “good news” to cause an improvement in “approval ratings” of world leaders, but perhaps not enough to put them up over 50%. With Saturn in opposition to Neptune for nine months starting August 31, a collective sense of satisfaction and approval for leaders in any field is not apt to be very strong. This is a signature more suggestive of discontent and looking for someone to blame. It is symbolic of cover-ups, corruption, witch hunts, and scandals in which the reputation of innocent people may be irreparably harmed. The last time it occurred was in 1971-72, as the Watergate scandal took place, leading to the resignation of U.S. President Richard Nixon in disgrace just two years later.


Announcements:

Ola! We are going to Buenos Aires , Argentina – a city that has been described as a combination of Paris and Barcelona “Old World” charm, one of the great cities of the world, and certainly one of the most beautiful cities in South America . I will be conducting a very small but intensive weekend “MMA Financial Market Timing” course, August 26-27. The cost will be the usual $1995.00, but subscribers to any of our subscription reports will pay one-half this amount ($995.00 – they can use the $1000.00 discount to purchase an air ticket). The course will be limited to no more than 10 people (3-6 attendees would be perfect). So if you want a reason to visit this amazing city, learn how to identify reversals in financial markets, and get my outlook on Gold, Silver, currencies, and stock indices in a close-knit setting, then drop me an email at (mmacycles@msn.com). You may even find some very interesting investment opportunities in Buenos Aires as a result of their depressed currency.

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, go to mmacycles.com, or call our offices at 1-248-626-3034.

mmacycles.com