March 29, 2000
Jupiter squared (made a stressful, 90-degree angle to) Neptune on March
16. The Dow Jones industrial average soared 499 points on March 16,
the largest one-day advance in stock market history. It also completed
a torrid, record-breaking two-day advance in which the DJIA rallied
over 800 points. Since March 15, the DJIA has soared over 1450 points,
while both the NASDAQ 100 and S&P indices have skyrocketed to new all-time
highs. Two weeks ago, the financial community was depressed and concerned.
Today it is euphoric, confused and almost confident. What’s going on?
the recent article titled “Dow
Stocks Embark on a Flight of Fancy,” the Jupiter-square-Neptune
aspect of March 16 was observed to be the third of three passages of
this aspect for the 1999-2000 period. The first two passages on July
21, 1999, and October 11, 1999, were also noted as significant cycle
dates in the U.S. stock market.
aspect between Jupiter and Neptune is now over, but is its astrological
orb of influence completed? Or is there still something else ahead,
related to this major planetary cycle, that correlates to the present
stock market environment?
the study of astrology, there is a highly-regarded forecasting tool
known as “translation.” Translation occurs when a third planet orbits
into the range of a previous major aspect between two other planets.
The Jupiter-square-Neptune aspect of March 16 occurred from 6 degrees
Taurus (Jupiter) to 6 degrees Aquarius (Neptune). On March 30, Mars
will approach 6 degrees Taurus, thus forming a “translation” to the
Jupiter square Neptune point of March 16. Following that, Mars will
then square Neptune (March 31) and conjunct Jupiter (April 6), the same
planets involved in the original longer-term planetary aspect. Thus,
the entire period of March 30-April 6 is significant from an astrological
perspective, because it relates directly to what happened around March
Does This Mean for the Stock Market?
let’s consider what this might portend for the U.S. stock market. March
16, as pointed out in the previous article, coincided to record-setting
advances in U.S. stocks. But other financial markets also experienced
sharp reversals around the March 16 date. In the study of financial
astrology, we oftentimes note that when a cycle starts around one geocosmic
signature, it will end (or pause) as the next major signature unfolds.
Right away, this should alert traders and investors that the powerful
surge that started on March 15 could continue into the March 30-April
6 time frame. To financial astrologers, this should be no surprise,
because Mars and Jupiter correlate with large volume and large price
swings respectively anyway. The question in the past, however, has always
been which way? Up or down?
on what happened on March 15-16, when the Jupiter-Neptune aspect occurred,
it would seem that the March 30-April 6 period will coincide with something
of a repeat. That is, it would seem prices would likely move up, and
very sharply, again—and perhaps at another record-setting pace.
will tell, of course, but it might be useful to look at the history
of Mars conjunct Jupiter alone. This signature unfolds on a 26-27 month
periodicity. Since March 6, 1962, it has occurred nineteen times, including
the three-passage series between December 15, 1979, and May 5, 1980.
Long-term traders and investors will remember that period clearly. It
was the time in which gold and silver soared to record prices of $850.00
per ounce and $50.00 per ounce respectively in January, 1980, only to
fall sharply by March of the same year. In fact, silver continued falling,
losing over 90 percent of its value by the time it bottomed in February,
1993 at $3.50 per ounce.
example of this aspect that stands out historically is the passage that
followed the 1979-1980 instance. That one occurred on August 8, 1982.
This was just one trading day removed from the nine-year cycle low in
U.S. stocks. Readers might remember that this was the start of the greatest
bull market in the history of U.S. stocks, which continues even today,
seventeen and a half years later.
the nineteen instances of Mars conjunct Jupiter since 1962, one will
find that fifteen correlated with primary or greater cycles in U.S.
stocks. That is a remarkable 78.9 percent frequency. Primary cycles
have a median interval of 17.5 weeks (measured from trough to trough),
with an orb of 3.5 weeks. The highest price between these troughs that
define the primary cycle is known as the crest of that primary cycle.
These cases of primary cycles (which means either a primary cycle trough
or a primary cycle crest) have an orb of up to fifteen trading days
away from the date of the Mars-Jupiter conjunction (or 8 degrees or
less). In twelve of these cases (63 percent frequency), the cycle culminated
within ten trading days or less of the aspect date.
is also interesting about the history of this aspect is the fact that
its correlation to primary cycle crests is twice that of primary cycle
troughs. That means the odds are two to one that a significant cycle
crest will form nearby to this aspect as a trough, within fifteen trading
days, and usually ten or less. It is interesting to note that fifteen
trading days prior to April 6, 2000 was—guess what?—March 16, 2000.
does this mean there could be a new all-time high coming in U.S. stocks?
Well, already the NASDAQ and S&P have made all-time highs in the past
week. And between March 30-April 6, Mars will “translate” the Jupiter-Neptune
signature of March 16, which saw the DJIA make a one-day and two-day
record price advance. In other words, due to the phenomenon of “translation,”
another record move is quite possible. According to the history of Mars,
it could happen within fifteen trading days of April 6.
more details, continue to read the daily comments.
This article was written on March 29 for StarIQ.Com, to be published
in the weekly StarIQ.Com Commerce Column, which appears every Wednesday.
Already, the record setting pace of stocks referred to in this article
have come to pass as the NASDAQ posted its largest one-day decline in
history early this week. At the same time, the rally that began on March
15 in the Dow Jones industrials has reached at least a short-term peak
as of Tuesday, April 3. During that time, the DJIA advanced over 17
percent, and then dropped over 700 points from that high on Tuesday
(over 6 percent) during the market trading day.
All information provided herein is based on Merriman Market Analysis
technical, cyclical, and geocosmic analysis, and the integration of
each of these factors. It is presented with reliable intent. However
no claims for future accuracy are being made, nor can projections be
guaranteed. Reliance on information in this report is at the sole risk
of the reader. Future strategies are for the aggressive trader.