ManfredF
20.05.2001, 10:28 |
Merriman zu Gold Thread gesperrt |
MMA COMMENTS FOR THE WEEK BEGINNING MAY 21
Interesting that last week we talked about Gold, then this week Gold shoots up to a new multi-month high, tacking on nearly $20.00 per ounce to last week's close. Still, this is only 5 trading days removed from the Mars retrograde date, which historically has coincided with some of the biggest moves ever in Gold prices. Usually these are in the form of a trend reversal, give or take 8 trading days from the retrograde date. And since the trend has been clearly up over the past several weeks, one has to wonder if this is just a fake-out? The history of Mars retrograde would suggest it could be. But technical studies suggest that could instead be a breakout to the upside, and the beginning stages of a new bull market for the Yellow Metal.
Our own long-term cycles work indicates that an 8.5-year cycle low in Gold was due within 17 months of this coming September. Once that long-term low in Gold is in, I do not expect to see prices this low again in our lifetime. Thus it may not hurt to buy some Gold in here. Even if this is a fake out, as Mars retrograde might suggest, it is still relatively close in time to a bottom. And if Mars retrograde isn't faking the market out, and the technicals are correct, we may be looking back in the months ahead and wishing we had bought some when the price was under $290.00 per ounce. This is not a suggestion to"sell the farm" and invest all of one's available funds in Gold, mind you. But it is a suggestion that it may be prudent to buy some Gold soon --maybe somewhere between 2-10% of one's available cash on hand that is looking for a place to park monies, depending upon your financial wherewithal. Consult a Financial Planner for more personal advice on this.
This week will find the new moon in Gemini, with the Sun in conjunction to Saturn, Tuesday-Friday, followed by Uranus turning retrograde on Tuesday of the following week. These are significant correlates to large price swings in many financial markets, including stocks. With Mars retrograde in Sagittarius, I don't expect this to be a calm and controlled time. Rather I expect large fluctuations and a see-sawing back and forth. Psychologically this might be a difficult period for position traders. It may be best to take a very short-term trading approach to this market for the next few weeks, especially as Mercury also starts its retrograde motion in 2 weeks. It could also be a period of great stress and unrest on the international political scene. It may be best for traders not to be exposed to undue risks in the market place. Great caution is advised between now and mid-June.
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wasil
20.05.2001, 13:22
@ ManfredF
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Re: Merriman zu Gold |
>MMA COMMENTS FOR THE WEEK BEGINNING MAY 21
>Interesting that last week we talked about Gold, then this week Gold shoots up to a new multi-month high, tacking on nearly $20.00 per ounce to last week's close. Still, this is only 5 trading days removed from the Mars retrograde date, which historically has coincided with some of the biggest moves ever in Gold prices. Usually these are in the form of a trend reversal, give or take 8 trading days from the retrograde date. And since the trend has been clearly up over the past several weeks, one has to wonder if this is just a fake-out? The history of Mars retrograde would suggest it could be. But technical studies suggest that could instead be a breakout to the upside, and the beginning stages of a new bull market for the Yellow Metal.
>Our own long-term cycles work indicates that an 8.5-year cycle low in Gold was due within 17 months of this coming September. Once that long-term low in Gold is in, I do not expect to see prices this low again in our lifetime. Thus it may not hurt to buy some Gold in here. Even if this is a fake out, as Mars retrograde might suggest, it is still relatively close in time to a bottom. And if Mars retrograde isn't faking the market out, and the technicals are correct, we may be looking back in the months ahead and wishing we had bought some when the price was under $290.00 per ounce. This is not a suggestion to"sell the farm" and invest all of one's available funds in Gold, mind you. But it is a suggestion that it may be prudent to buy some Gold soon --maybe somewhere between 2-10% of one's available cash on hand that is looking for a place to park monies, depending upon your financial wherewithal. Consult a Financial Planner for more personal advice on this.
>This week will find the new moon in Gemini, with the Sun in conjunction to Saturn, Tuesday-Friday, followed by Uranus turning retrograde on Tuesday of the following week. These are significant correlates to large price swings in many financial markets, including stocks. With Mars retrograde in Sagittarius, I don't expect this to be a calm and controlled time. Rather I expect large fluctuations and a see-sawing back and forth. Psychologically this might be a difficult period for position traders. It may be best to take a very short-term trading approach to this market for the next few weeks, especially as Mercury also starts its retrograde motion in 2 weeks. It could also be a period of great stress and unrest on the international political scene. It may be best for traders not to be exposed to undue risks in the market place. Great caution is advised between now and mid-June.
Hallo Manfred und andere englisch Versteher
Schade, dass solche Texte nicht mit einigen Sätzen übersetzt werden!!!
Da einige von uns die Sprache nicht beherrschen ist es so, als ob ein durstender ein Glas Wasser vorgesetzt bekommt, aber das Glas hinter einer Glasscheibe nicht erreichen kann.
Gruss wasil
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ManfredF
20.05.2001, 13:46
@ wasil
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Re: Merriman zu Gold |
Hallo Wasil,
ich versuchs mal, wenigstens sinngemäß.(wenn Quatsch, dann bitte korrigieren)
Merriman(MM) weist drauf hin, daß die Goldrally mit einem bevorstehenden rückläufigen Mars zusammenfällt. Dies hat MM bereits im letzten Bericht erwartet. Ebenso weist er (natürlich unverbindlich) auf eine historische Wahrscheinlichkeit eines Reversals hin, bis 8 Tage nach dem Datum der Rückläufigkeit. Diese historische Betrachtung (rückläufiger Mars) könnte auch einen falschen Ausbruch, ein Abräumen von Stopps bedeuten. Jedoch technisch gesehen könnte es der Beginn eines Bullenmarktes sein.
Aus zyklischer Sicht würde ein 8.5Jahrestief auf den September fallen. Er erwartet nicht, daß wir zu Lebzeiten danach ein noch tieferes Tief sehen werden.
Mars hin, Mars her, er rät zum Kauf!
DIese Woche findet der Neumond im Zwilling statt, die Sonne in Konjunktion mit Saturn. Mars rückläufig. Die Woche drauf wird Uranus rückläufig. Solche Konstellationen bringen oft große Volatilität. Ebenso wird Merkur in 2 Wochen rückläufig.
Es rät zu großer Vorsicht bis mitte Juni.
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