MMA WEEKLY UPDATE FOR WEEK BEGINNING

MONDAY, JULY 23, 2001

The market continued rallying last week, following the new cycle low of July 11. At the moment, that looks like the primary cycle trough, and this appears to be the start of a new primary cycle. As we know, the first part of any cycle is always a bullish phase of that cycle. Yet we still cannot confirm this labeling, for the high of the week occurred on Thursday, which is still within the orb of a cycle culmination for our July 17th reversal date. Thus, even though my bias is that a new primary cycle has started from the low of July 11, there is also the possibility that a trading cycle crest just culminated on July 19. If so, we would look for a decline into late this week or possibly even into August 3-6.

For this week, we find Venus trine Uranus on Thursday, July 26, and Sun in opposition to Neptune on next Monday, July 30. Both are very important aspects, and thus they too create a possible reversal date right in the middle, which is Saturday, July 28. As always, we need to give three trading days for an orb of influence. Therefore this week becomes yet another potential reversal zone.

Venus in the waxing trine to Uranus has a 58% correlation to primary cycles in the U.S. stock indices, given an orb of 9 trading days. It has a 75% correlation to a 4% or greater price swing from a low or high that forms within 4 trading days. It is considered a Level 2 geocosmic signature.

The Sun oppose Neptune is even stronger. It has a 65% correlation to primary cycles in U.S. stock indices, within an orb of 9 trading days, and a 78% correlation to 4% or greater price swings from a low or high that forms within 4 trading days. It is considered a Level 1 signature, according to our criteria outlined in The Ultimate Book on Stock Market Timing Volume 3: Geocosmic Correlations to Trading Cycles (due out within next 3 weeks). The probability is strong that the 4% or greater reversal will form from the time band that overlaps these two signatures, or July 24-August 3.

And then we come to the first passage of the Saturn opposite Pluto, which takes place August 5. As mentioned earlier, we expect this signature to correlate with a major shift in currency prices. We also expected last week to give us a clue in this regard. As we saw, foreign currencies were strong and the U.S. Dollar was weak, in the past five sessions. This is a sign of things to come. A shift in the currency trend will filter down and have a direct impact on many segments of our life. Just as his father, George Bush Sr., I think we can expect the son ­ George Bush Jr. ­ to support a policy of a weaker dollar as a stimulus to open up foreign markets to U.S. goods.

At this point in the U.S. economic cycle, it is probably just “good business” to do so. And, as the Dollar declines, look for new bull markets to start up in Gold and Silver as well.



Disclaimer: 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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