Archive for October 2011

Why Angela Merkel may have a hard time keeping the euro together

Apparently it was German Chancellor Angela Merkel who personally engineered the 50% haircut for Greek debt this week.

It seems she had a major moment of truth with bankers from Europe in an last-ditch effort to keep the European Union together on the economic front.

If you won’t go along with my proposals, Merkel told the bankers, we will send Europe and all of the world’s other financial markets into a nosedive, and I’ll make sure that you get all the blame.

Merkel pushed, and got the deal she and Sarkovy had cobbled together.

But even though she has been a formidable player in the current European scene, she has has some major weaknesses and faces some tough times ahead.

I shared some of the details during my interview with Michael Yorba yesterday.l You can hear our conversation here:

click here to download or listen on your mobile device

Watching the Knees Jerking

Yesterday’s massive run-up in the equities markets was something to behold!

According to the mainstream news media, the huge surge in stock prices was a reaction to the amazingly good news that the European countries had at last reached an agreement that will magically make the Greek sovereign debt crisis go away.

Right….

What was agreed to in Brussels is actually pretty vague, and there are considerable complications for the markets on both sides of the Atlantic as a result.

The European Policy Centre issued a statement late yesterday complaining that the deal “is very complex and difficult to evaluate. It lacks a number of crucial details which still need to be elaborated, it leaves numerous questions unanswered, and it is by no means clear whether the overall package will stand the test of time.”

Polish leader Donald Tusk agreed. “Everyone is impatiently awaiting the details,” he said. “But it’s not the devil that’s in the details, it’s all of Hell.”

For some big players behind the scenes, the fact that Greece hasn’t actually defaulted means that Credit Default Swap insurance policies can’t be cashed in. But because the Greek debt has now gotten a 50% haircut, those Swaps are now only worth half as much.

In other words, there are some people who are very, very unhappy with the same news that sent the markets soaring yesterday.

The message here? Yesterday’s buying frenzy was a massive knee-jerk reaction to news that not many people really understood, and the stage is now set for a huge move in the opposite direction.

Remember that the big Uranus/Hades alignment we’ve been watching so closely tends to bring equities prices UP initially, and then pulls the rug out from under them with a 7 to 30 day period after that.

So, if your long positions in the market went up in yesterday’s trading, this may not be a bad time to take some money off the table!

Tomorrow’s Webinar Should Be A Real Treat

I have to say that I’m really looking forward to our November Astro-Trading Webinar with our Gold-Plus Elite members tomorrow evening!

We’ll have a lot of information to cover during the session, but by spending an hour together going through all the astrological configurations that are coming up, I’m confident that we’ll all be better prepared for more profitable and effective trading during the month ahead of us.

And of top of that, November has a lot to capture our attention– a Solar Eclipse, several planetary stations, and two planetary ingresses that are just hours apart.

I think we’re going to get a pretty good-sized crowd attending, too. After all, this session is free for all our Gold-Plus Elite members, and our Gold Members get a $100 discount off the regular tuition fee. (We usually get a few people who pay full price to attend as well, but I personally think it makes a whole lot more sense to join as a Gold-Plus Elite member and then participate for free– it’s a lot cheaper that way!)

Anyway, I hope you decide to join us! You can connect with the sign-up process at http://www.harmonicresearchassociates.com/shop/shopexd.asp?id=88

Timing Market Moves to the Minute

I always enjoy our weekly conference calls with our growing group of Gold-Plus Elite members at FinancialCyclesWeekly.com.

We get to review our trading plans for the week ahead, and we spend some time talking about the big market trends that are emerging.

But we also take a magnifying glass and look in precise detail at what we can expect to happen during the course of each trading day throughout the week.

We identify the high-probability Intraday Inflection Points that can signal big market moves, changes in trend, and shifts in volatility– the kind of things that can make you a lot of extra money in the markets if you’re actively trading.

The results of those intraday forecasts during our Conference Calls at the start of each trading week are often pretty amazing — take a look at this video and see for yourself!

httpv://www.youtube.com/watch?v=KlhM0bI5xhQ

Watching the Influence of the Moon

Patty called me out to the balcony early this morning.

“Look at the river!” she said.

Our building is near the mouth of the Manatee River, near enough to the Gulf of Mexico that we can watch the water level change with the tides each day.

But this morning the low tide was much lower than it usually is, so much so that we could see an extra expanse of exposed mud flats past the mangroves on the shoreline.

“Why is the river so low?” Patty wanted to know.

“It’s the Moon,” I told her. “We’ve got a powerful New Moon coming up tomorrow, so the gravitational influence on the tides is especially strong right now.”

I love living on the water. Watching the river is always relaxing, and seeing things like this morning’s extra-low tide gives me a wonderful sense of connection with the Moon and its cycles.

Those lunar cycles are important in the markets, too, of course. That’s why I recently put together a video for some of my students on “The Moon, The Markets, and You”.

It discusses a really easy way to integrate a Moon cycle into your personal trading, and into your daily life, too, for that matter.

Click here to view the new video.

Real Estate prices and Planetary Price Lines

I got a request recently from Michael Yorba to do an analysis of the Dow Jones U.S. Real Estate Index (DJUSRE) for his radio show — and as I did so, I learned a lot from the planetary price lines involved.

Planetary price lines are one of the most powerful tools in market astrology, but they are also one of the most misunderstood. In fact, looking at a trading chart and discovering the best planetary price lines to use is often a trial-and-error process.

That’s why I made this video on “Discovering Planetary Price Lines That Work”.

I wanted to capture that trial-and-error process in real time, rather than just show you the neatly formatted results at the end of the journey.

Take a look. Even though the sound is little bit muddy, I think you’ll find the video very useful.

Let me know what you think!

httpv://www.youtube.com/watch?v=iYF8ih42zKA

Radio Interview on Real Estate, Crude Oil and the S&P

Michael Yorba and I had a great chat on his radio program yesterday.

Our conversation focused on the real estate market, possible surprises in crude oil during the coming months, and the long-range prospects for the stock market.

During the interview I was using a chart for the Amex Oil Index, but had left the trading symbol off the chart I had prepared.

The symbol is XOI.

You can listen to the complete interview here:

click here to download or listen on your mobile device

A good reason to get out of bed in the morning– or to stay up really, really late!

There are lots of nights when I’ll stay up late, pouring over my astrological charts and market studies into the wee hours of the morning.

In extreme cases, I’ll shut things down in my office just an hour or two before dawn, and then stagger off to bed so I can spend a few horizontal hours before the opening bell on the New York Stock Exchange.

In the pre-dawn hours tomorrow morning, though, I want to be sure that I’m awake, so I can go outside and watch the skies.

The early morning hours on Saturday, October 22 will bring the peak of the Orionid meteor shower, with about 15 meteors per hour zipping across the night sky, emerging from the area around the constellation Orion, and then flashing through Taurus, Gemini, Leo, and Canis Major.

There’s very little chance of rain, so it should be a spectacular show.

Although the meteors themselves are the result of Earth’s passage through a cosmic river of debris created by Halley’s comet, I think it’s much more appealing to think of it from a geocentric perspective (the traditional bias of astrologers) and just see it as a spectacular light show.

If you’re interested in the science, check out this article that Dr. Tony Phillips did for NASA.

Today’s Interview with Michael Yorba on Clear Channel Radio

Here’s the recording of my interview with Michael Yorba earlier today– we talked about the big Uranus/Hades alignment, as well as the stressful T-square configuration next July and its anticipated impact on global markets.
click here to download or listen on your mobile device

Join Me on the Michael Yorba Radio Program Tomorrow!

Michael Yorba has invited me to be his guest on his Clear Channel radio program tomorrow (Friday, October 14) starting at 3:30 p.m. Eastern Time (2:30 p.m. Central).

Join us online at http://www.yorba.tv for the program– just click on the “Listen Live” box at the upper right and you can hear the whole interview.