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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
Comment
Jump Ball
The Caterpillar Turns
Follow The Money
The Week Ahead in Earnings
The Economic Calendar
Astrological Dynamics
Spiritual Focus for the Week
Global Equities Markets
U.S. Equity Trends
Financial Cycles Model Portfolio
Market Sector Strength and Weakness
Astro-Trading Gann Plan Calendar
Stocks to Watch
COMMENT: Ho hum. Another week, another record
high for the Dow. It's not
so much that we're bored with the monotony of one new high after
another; we're just not very impressed by the strength of this index as
a valid market indicator, especially since the Standard and Poor's 500
is currently about 12 percent below its all-time high, and since the
NASDAQ and the Russell, which are both much broader market measurements,
actually retreated a little bit during last week's trading. If you
factor in inflation and compare the real dollar value of previous Dow
highs to the current numbers, things look even grimmer. But that's
another story.
THE GOODNESS OF GRIDLOCK
It's not quite a forgone conclusion that the Republicans will lose
control of the Congress during next month's midterm elections, but it's
becoming increasingly clear that their power base is likely to be
seriously eroded when voters go to the polls. The Democrats will need to
pick up 15 House seats and six Senate seats to take over Congress.
A power shift in the legislative branch would create considerable
political consternation for President Bush. His public approval ratings
remain below 40 percent, and with his domestic legislative agenda put in
an untenable position he would be likely to see increasing pressure to
withdraw from Iraq and to get serious about dealing with other
challenges at home and abroad. He might also have to contend with
congressional investigations into the roots of his unpopular war, and
even be forced to reconsider some of the sweeping abridgements of civil
liberties that have characterized his administration during recent years.
It's no wonder, then, that some Democratic politicians are starting feel
unusually confident as the election approaches. What's interesting,
however, is the way the stock market has been acting. Could it be that
what's really energizing this bull run is the possibility of gridlock in
Washington? If Congress and the President are perpetually at odds,
spending their time arguing with each other instead of making changes,
that could be a very good thing, at least as far as Wall Street is
concerned.
HOUSING WOES AND SATURN TRANSITS
Caterpillar took a big dive last week, dropping nearly 15 percent after
it released its earnings report, which showed plunging profits thanks to
the big slump in the housing market and the general downturn in the
economy as a whole. At the time of the report, transiting Saturn was
sesquiquadrate the CAT First-Trade Secondary Progressed Saturn, and also
square the CAT First-Trade Solar Arc Ascendant. It wasn't too
surprising, then, to see the negative news.
It's always instructive to watch stock prices at earnings announcement
time, especially when there are planetary transits to First-Trade
horoscopes. During this week you might want to keep an eye on the
reports for ACE Limited (ACE), with transiting Saturn conjoining the
First-Trade IC; Pulte Homes (PHM), with transiting Jupiter conjoining
the First-Trade IC; and Black and Decker Corporation (BDK), with
transiting Jupiter conjoining the First-Trade Ascendant.
EARNINGS TELL THE TALE
So how's the war in Iraq really going? For some reason, the notion
doesn't quite wash that a free and independent government there has
become a shining model of democracy, no matter what the White House
says. It looks a lot more like a military occupation to us, and a not
particularly effective one at that, especially considering the triple
embarrassment that US Secretary of State Condoleezza Rice experienced
during her recent trip to Baghdad. First of all, her plane had to circle
high above the airport for 40 minutes after its scheduled landing
because of hostile rocket and mortar fire. Then she wasn't able to
travel by car into the city, since there are far too many bombs on the
road to make land travel safe, even with the most aggressive military
escort. So she was ferried into town by helicopter instead for her
meeting with the Iraqi prime minister. The meeting itself was an
embarrassment, too, since it had to take place in the dark. Baghdad was
experiencing yet another of its perpetual power outages.
We cite the Secretary of State's headaches mainly because they're far
easier to stomach than most of the other news coming out of Iraq these
days. But even if we ignore the total collapse of order and the
unbelievable escalation of the bloodshed, it's still quite evident that
the pacification of the country is going slowly at best, and that the
rebuilding of the infrastructure demolished by the US invasion remains
largely theoretical.
We are thus left with the only reasonable measure of the war's success:
how profitable the venture is. While Dick Cheney, Donald Rumsfeld, and
George Schultz no doubt have the most accurate inside information on
that matter, we'll all get the latest update on the true state of the
war when Halliburton issues its quarterly earnings report early this
week. According to the latest estimates from analysts, we can expect to
see Q3 2006 profits of about 54 cents per share, compared with just 41
cents a year ago, an increase of nearly 32 percent. With numbers like
that, the Iraq war is an unqualified success by anybody's standards!
NEWS AND UPDATES THROUGHOUT THE WEEK
Be sure to check our website for the latest news and special offers; we
update it several times each week. Go to www.TimBost.com
and click on
"Latest News."
*****
THE WEEK AHEAD IN EARNINGS
Earnings Season continues in full swing this week, with reports due from
American Express Company (AXP), Amgen (AMGN), AT+T (T), First Data
(FDC), Fisher Scientific International (FSH), Ford Motor Company (F),
Halliburton Company (HAL), Hasbro, Inc. (HAS), Kimberly Clark (KMB),
Pactiv (PTV), Pitney Bowes Inc. (PBI), Plum Creek Timber(PCL), Rockwell
Automation (ROK), Texas Instruments (TXN), Weatherford International
(WFT), Xerox Corporation (XRX), ACE Limited (ACE), Aflac Incorporated
(AFL), Altria Group, Inc. (MO), Amazon.com, Inc. (AMZN), Ameriprise
Financial, Inc. (AMP), Archstone-Smith Trust (ASN), Avaya (AV), Avery
Dennison Corporation (AVY), BellSouth Corporation (BLS), Boston
Properties (BXP), Burlington Northern Santa Fe Corporation (BNI), Centex
Corporation (CTX), Chicago Mercantile Holdings Inc. (CME), Coach, inc.
(COH), Cooper Industries Ltd. (CBE), Corning (GLW), Countrywide
Financial Corporation (CFC), Dover Corporation (DOV), DuPont (DD),
Express Scripts, Inc. (ESRX), Fiserv (FISV), Health Management
Associates, Inc (HMA), Hercules (HPC), KLA-Tencor (KLAC), Laboratory
Corporation of America (LH), Legg Mason (LM), Lexmark International,
Inc. (LXK), Lockheed Martin (LMT), Louisiana-Pacific Corporation (LPX),
Lucent Technologies Inc. (LU), Murphy Oil Corporation (MUR), Nabors
Industries (NBR), Northrop Grumman (NOC), Omnicom Group (OMC), Phelps
Dodge (PD), QLogic (QLGC), Smith International, Inc. (SII), Tellabs
(TLAB), Temple-Inland Inc. (TIN), The Stanley Works (SWK), Tupperware
Brands (TUP), Waters Corporation (WAT), Whirlpool Corporation (WHR), XL
Capital Ltd (XL), XTO Energy Inc. (XTO), Air Products and Chemicals Inc.
(APD), Allegheny Technologies (ATI), Ambac Financial Group (ABK),
Anheuser-Busch Companies, Inc. (BUD), Bemis Company, Inc. (BMS),
Colgate-Palmolive (CL), Convergys Corporation (CVG), Embarq Corporation
(EQ), FirstEnergy (FE), General Motors Corporation (GM), Harman
International Industries (HAR), Harrah's Entertainment (HET), Hess
Corporation (HES), Johnson Controls (JCI), Jones Apparel Group Inc.
(JNY), LSI Logic (LSI), Meredith Corporation (MDP), Monster Worldwide
(MNST), Moody's Corporation (MCO), Norfolk Southern Corporation (NSC),
Praxair Inc. (PX), Pulte Homes Inc. (PHM), Radio Shack Corporation
(RSH), Reynolds American, Inc. (RAI), Ryder System, Inc. (R), Sealed Air
(SEE), Symantec (SYMC), The Boeing Company (BA), The Estee Lauder
Companies Inc. (EL), Thermo Electron Corporation (TMO), Unisys (UIS),
Waste Management (WMI), WellPoint, Inc. (WLP), Weyerhaeuser Company
(WY), Zimmer Holdings Inc. (ZMH), Aetna Inc. (AET), Alberto-Culver
Company (ACV), Allegheny Energy, Inc. (AYE), Apache Corporation (APA),
AutoNation (AN), Ball Corporation (BLL), Black and Decker Corporation
(BDK), Bristol-Myers Squibb (BMY), Chubb Corporation (CB), Coca-Cola
Enterprises Inc. (CCE), Comcast Corporation (CMCSA), Compuware
Corporation (CPWR), CONSOL Energy (CNX), Eastman Chemical Company (EMN),
ExxonMobil Corporation (XOM), Federated Investors, Inc. (FII), Franklin
Resources (BEN), Genworth Financial Inc. (GNW), Goodrich Corporation
(GR), Harford Financial Services (HIG), Janus Capital Group Inc. (JNS),
Kellogg Company (K), L-3 Communications Holdings (LLL), Liz Claiborne
(LIZ), Manor Care, Inc. (HCR), MBIA Inc. (MBI), Medimmune (MEDI),
Microsoft (MSFT), NCR Corporation (NCR), Newell Rubbermaid (NWL),
OfficeMax (OMX), PerkinElmer (PKI), ProLogis Trust (PLD), Raytheon
(RTN), Sigma-Aldrich Corporation (SIAL), Southern Company (SO), Sprint
Nextel Corporation (S), St. Paul Travelers (STA), Starwood Hotels and
Resorts (HOT), Sun Microsystems (SUNW), The Dow Chemical Company (DOW),
UST Inc. (US), Wendy's International (WEN), Xcel Energy (XEL), Alltel
Corporation (AT), Avon Products Inc. (AVP), Baker Hughes Incorporated
(BHI), Brunswick Corporation (BC), Cardinal Health, Inc. (CAH), Chevron
(CVX), Constellation Energy Group, Inc. (CEG), Coventry Health Care,
Inc. (CVH), Exelon Corporation (EXC), Fortune Brands (FO),
Ingersoll-Rand Co. Ltd. (IR), ITT Corporation (ITT), National Oilwell
Varco (NOV), Pinnacle West Capital Corporation (PNW), and TECO Energy
Inc. (TE).
THE ECONOMIC CALENDAR
This week we will be looking for the latest numbers for the State Street
Investor Confidence Index, ICSC-UBS Store Sales, MBA Purchase
Applications, Existing Home Sales, the EIA Petroleum Status Report,
Durable Goods Orders, Jobless Claims, the EIA Natural Gas Report, New
Home Sales, the Help Wanted Index, GDP, Consumer Sentiment from the
University of Michigan, and the Money Supply.
The Federal Reserve Open Market Committee will be meeting on Tuesday and
Wednesday, with its interest rate announcement due out on Wednesday
afternoon. While most Fed watchers aren't anticipating any change in
rates to come out of this session, there will be a lot of attention
given to the nuances of the post-meeting statement. With an increasing
number of Republican political candidates in trouble and the economy
still in shaky territory, it will be interesting to see whether or not
the announcement features any hints of future rate moderation, or at
least a notion that there is some positive news on the inflation front.
As we have noted in the "Astrological Dynamics" section below, however,
we have good reason to suspect that the announcement will be seen as a
negative factor rather than a positive one; it may even trigger a
significant market sell-off once the news is assimilated.
ASTROLOGICAL DYNAMICS
This week starts with an extremely powerful New Moon configuration, with
the Sun, Moon, Mars, and Venus all conjunct in the final degrees of
Libra. The New Moon brings a bullish bias to stock prices, and with the
added strength of this configuration we could see the Dow push through
to an even higher high and form a decisive top.
Throughout the trading week, we get the residual effect of the New Moon
configuration, with the Sun conjunct Mars, the Sun, Mars, and Venus
entering Scorpio, Venus conjunct Mars, and, by Friday, the Sun conjunct
Venus. While the Sun/Mars conjunction is essentially a bullish trigger
for the Dow, prices tend to rise prior to the conjunction much more
reliably than they do after the planetary aspect occurs.
As we have noted in recent issues of this publication, this is a
particularly challenging market to call from an astrological
perspective. We continue to see lots of bullish indicators, but we are
entering a time with enormous potential for a major change in trend.
This week's Scorpio ingresses suggest a much more serious tone taking
over to replace the exuberance we have seen in recent weeks, but these
planetary events are just the tip of the iceberg. We also get the third
and final Jupiter/Saturn square in the current series on Wednesday,
signaling a need to get back down to earth and to reassess illusory
situations. Since that aspect culminates as the Federal Reserve Open
Market Committee makes its post-meeting announcement, we can be on the
lookout for some fairly sobering news.
On top of that, the coming week brings us three planetary stations:
Vulcanus goes retrograde on Tuesday, Mercury goes retrograde on
Saturday, and Neptune goes direct on Sunday, October 29. And that's not
all. From now until late in December, we get one intense planetary
trigger after another with very few breaks in between, creating an
astrological mine field for the market bulls to dance through.
In other words, this is a situation that deserves a great deal of
caution. It's definitely not the time to be holding long positions
without protective stops, assuming that you can walk away from the
markets for a week or two and expect your equity line to be intact when
you return. We are increasingly likely to see a sudden, serious reversal
for stocks during the coming weeks.
That's not to say that we intend to get overwhelmed in this situation.
As usual, we will be setting our stops and then stepping away from the
market action during the void-of-course Moon periods. There's one
throughout most of the trading day on Tuesday and another one in play
for about an hour on Thursday afternoon, so we'll get a couple of good
opportunities to take a break.
Throughout this week we will be tracking geocentric fourth-harmonic
planetary lines (G,90,N,-2) for the Sun, Mercury, Venus, Mars, Jupiter,
Saturn, and Admetos, using the Fibonacci/Galactic Trader software from
P.A.S. to follow the active planetary support and resistance in real time.
Have a great week!
*****
SPIRITUAL FOCUS FOR THE WEEK
Many of history's most successful traders have clearly understood that
emotional equilibrium is the key to effective trading. Through Practical
Spiritual Astrology we have an opportunity to restore inner harmony,
enhance emotional balance, and make wiser choices in the markets.
In order to create a truly new beginning for our lives, we not only need
to look at what is required for a fresh start personally, we also need
to focus on the long-lasting contributions we can make to our community
and to the world at large. As we do so, we can more fully understand
that what we decide upon and do inevitably has an extended impact in
space and time. This recognition can give us new clarity and about our
true purpose and destiny, opening the door to a broader awareness of the
noble aspirations that we share with all humanity.
"In every person who comes near you look for what is good and strong;
honor that; try to imitate it, and your faults will drop off like dead
leaves when their time comes." - John Ruskin
For more astrologically-based spiritual insights and a free subscription
to our monthly e-zine, be sure to visit
www.PracticalSpiritualAstrology.com.
*****
GLOBAL EQUITIES MARKETS
The rally in equities began to show some early signs of weakness last
week, with the action in US Blue Chip slowing down while the
broader-based averages lost ground. Elsewhere, there was continuing
strength in Asian issues but softening enthusiasm in Europe.
Dow Jones Industrial Average -- up 0.35%
Dow Jones Transportation Average -- up 1.04%
Dow Jones Utilities Average -- up 2.83%
S+P 500 -- up 0.22%
NASDAQ Composite Index -- down 0.64%
Russell 2000 -- down 0.07%
London FTSE-100 -- down 0.03%
Paris CAC-40 -- up 0.41%
Frankfurt DAX -- up 0.47%
Sydney All Ordinaries -- up 0.96%
Tokyo Nikkei Index -- up 0.70%
Hong Kong Hang Seng Index -- up 0.69%
Singapore Straits Times Index -- up 0.74%
*****
U.S. EQUITY TRENDS
In spite of the Blue Chips' insistent drive toward new record highs, we
have not seen sufficient reasons to alter our basic trend assumptions.
This does not, however, rule out the possibility of a significant change
in trend in the near future.
The Russell 2000 is still in a trading channel and remains on a May 15
short-term sell signal and a May 23 intermediate-term sell signal. A
daily close above 784 will reverse these indicators back to the buy
side, while a close below 614 will move our long-term indicator for the
Russell to the sell side.
Our indicators for the NASDAQ all remain on the plus side. The NASDAQ
Composite is now on a September 1 short-term buy signal, an October 13
intermediate-term buy signal, and an October 13 long-term buy signal. A
daily close below 2134 will flip our short-term indicator back to the
sell side, with a daily close below 2039 needed to bring the
intermediate indicator back to the sell side and a daily close below
2027 required for a reversal of the long-term buy signal.
In the S+P 500 we have August 18 buy signals in place for the short term
and the intermediate term, conforming to our long-term trend
assumptions. A close for the S+P below 1168 will signal a long-term
bearish trend, with a close below 1219 turning our intermediate-term
indicator bearish, and a close below 1261 generating a sell signal for
the short term.
S+P 500 -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bullish
NASDAQ -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bullish
RUSSELL 2000 -- Long-Term Bullish; Intermediate-Term Bearish; Short-Term
Bearish
*****
FINANCIAL CYCLES MODEL PORTFOLIO
POSITION CLOSED DURING THE PREVIOUS WEEK: ED, BBT, LMT.
We closed three positions in the Model Portfolio last week, with three
losers bringing us a net loss of $465.00.
On 10/17/06 we bought to cover 300 shares of Consolidated Edison Inc.
(ED) at 47.05, taking a loss of $276.00 (a 1.99% loss in 10 trading days)
On 10/19/06 we sold 200 shares of BB+T Corporation (BBT) at 43.69,
taking a loss of $60.00 (a 0.68% loss in 11 trading days).
On 10/20/06 we sold 100 shares of Lockheed Martin Corporation (LMT) at
87.10, taking a loss of $129.00 (a 1.46% loss in 5 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK: ARG, ALK,
AMAT, PCP.
We added two long positions and two short positions to the Model
Portfolio last week.
We bought 300 shares of Airgas Inc. (ARG) at 39.95 on 10/17/06, with an
initial stop set at 36.75.
We bought 300 shares of Alaska Air Group Inc. (ALK) at 40.68 on
10/17/06, with an initial stop set at 39.25.
We sold short 500 shares of Applied Materials Inc. (AMAT) at 17.27 on
10/20/06, with an initial buy stop set at 21.00.
We sold short 100 shares of Precision Castparts Corporation (PCP) at
64.84 on 10/20/06, with an initial buy stop set at 68.10.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 149 completed trades, with 64
winners and 85 losers bringing us a total net profit of $11,373.00. The
largest profit for a single trade has been $2,595.00, with our winners
averaging $507.66; the largest single-trade loss has been $949.00, with
our losers averaging $252.55. The overall average profit per trade has
been $76.33, and the mean duration of our trades has been 9.2 trading days.
During 2005 we had a total of 200 completed trades, with 79 winners and
121 losers bringing us a total net profit of $14,993.00. The largest
profit for a single trade was $4,884.00, with our winners averaging
$630.55; the largest single-trade loss was $956.00, with our losers
averaging $304.42. The overall average profit per trade was $74.97. The
mean duration of our trades was 10.4 trading days.
During 2004 we had a total of 213 completed trades, with 104 winners and
109 losers bringing us a total net profit of $48,913.50. The largest
profit for a single trade was $5,645.00; the largest single-trade loss
was $750.00; the average profit per trade was $229.64. The mean duration
of our trades was 10.3 trading days.
During 2003 we had a total of 176 completed trades, with 99 winners and
77 losers bringing us a total net profit of $51,717.00. The largest
profit for a single trade was $9,240.00; the largest single-trade loss
was $1,170.00; the average profit per trade was $293.85. The mean
duration of our trades was 10.1 trading days.
During 2002 we had a total of 195 completed trades, with 119 winners, 74
losers, and 2 break-even trades bringing us a total net profit of
$50,956.00. The largest profit for a single trade was $5,100.00; the
largest single-trade loss was $1,055.00; the average profit per trade
was $261.31. The mean duration of our trades was 12.7 trading days.
*****
CURRENT POSITIONS IN THE MODEL PORTFOLIO
Airgas Inc. (ARG) -- bought 300 shares at 39.95 on 10/17/06; currently
37.59. Raise stop to 37.25.
Alaska Air Group Inc. (ALK) -- bought 300 shares at 40.68 on 10/17/06;
currently 43.31. Raise stop to 41.25.
Applied Materials Inc. (AMAT) -- sold short 500 shares at 17.27 on
10/20/06; currently 17.35. Lower buy stop to 17.85.
Health Care Reit Inc. (HCN) -- bought 300 shares at 40.79 on 10/09/06;
currently 41.83. Raise stop to 41.50.
Pall Corporation (PLL) -- bought 300 shares at 30.72 on 09/21/06;
currently 31.52. Raise stop to 31.45.
Precision Castparts Corporation (PCP) -- sold short 100 shares at 64.84
on 10/20/06; currently 65.17. Lower buy stop to 67.30.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Diversified Electronics; Major Airlines; Book Publishers; Copper; HeavyConstruction.
WEAKEST MARKET SECTORS LAST WEEK:
Semiconductor Memory Chips; Education and Training Services;
Semiconductor Integrated Circuits; Catalog and Mail Order Houses;
Broadline Semiconductors.
*****
ASTRO-TRADING GANN PLAN:
ASTROLOGICAL EVENTS DURING THE COMING WEEK
"I know in each moment I am free to decide."
Whether you are day-trading or just looking for optimum entry and exit
points during the course of a particular trading day, an awareness of
the intraday astrological aspects at work can alert you to significant
opportunities and potential pitfalls. The events on our weekly calendar
are calculated for New York time, but are listed around the clock and
throughout the week so you can apply them to Forex, to global markets or
to events outside of your trading day as well.
October 22
New Moon 01:14 EDT
Void-of-Course Moon 01:58-03:54 EDT
Sun square Vulcanus in right ascension 02:19 EDT
Heliocentric Venus trine Heliocentric Hades 03:35 EDT
Venus sextile Saturn in right ascension 06:23 EDT
Mercury square Neptune in right ascension 09:01 EDT
Venus parallel Apollon in right ascension 09:39 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Chiron 09:51 EDT
Venus parallel Apollon 09:58 EDT
Venus trine Hades in right ascension 10:01 EDT
Mercury conjunct Jupiter 11:22 EDT
Heliocentric Mercury square Heliocentric Admetos 11:24 EDT
Heliocentric Mercury quincunx Heliocentric Vulcanus 13:31 EDT
Heliocentric Venus sextile Heliocentric Pluto 14:27 EDT
Moon crossing Universal Clock 24 Line 15:50 EDT
Heliocentric Mercury quintile Heliocentric Cupido 17:03 EDT
Heliocentric Mercury trine Heliocentric Apollon 18:24 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 19:16 EDT
Venus square Vulcanus in right ascension 21:15 EDT
Heliocentric Mars quintile Heliocentric Saturn 21:52 EDT
Heliocentric Mercury trine Heliocentric Hades 22:50 EDT
October 23
Sun conjunct Mars 02:45 EDT
Heliocentric Earth opposition Heliocentric Mars 03:09 EDT
Heliocentric Mercury sextile Heliocentric Pluto 03:30 EDT
Heliocentric Venus semisextile Heliocentric Jupiter 05:41 EDT
Mercury square Saturn 06:26 EDT
Sun enters Scorpio 09:26 EDT
Heliocentric Mercury square Heliocentric Jupiter 10:06 EDT
Heliocentric Venus semisquare Heliocentric Cupido 10:59 EDT
Mars enters Scorpio 12:37 EDT
Heliocentric Mercury trine Heliocentric Venus 13:13 EDT
Sun conjunct Mars in right ascension 13:30 EDT
Heliocentric Mars enters Scorpio 16:22 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Uranus 16:35 EDT
Heliocentric Venus sesquiquadrate Heliocentric Uranus 21:20 EDT
October 24
Void-of-Course Moon 02:56-14:53 EDT
Heliocentric Mercury enters Pisces 03:26 EDT
Heliocentric Mercury biquintile Heliocentric Vulcanus 03:31 EDT
Heliocentric Mercury trine Heliocentric Mars 04:59 EDT
Venus enters Scorpio 05:57 EDT
Heliocentric Earth quintile Heliocentric Neptune 06:05 EDT
Sun biquintile True Lunar Node 06:49 EDT
Vulcanus retrograde station 08:55 EDT
Heliocentric Earth sextile Heliocentric Mercury 09:42 EDT
Saturn sextile Hades in right ascension 10:21 EDT
Mercury opposition Admetos 10:29 EDT
True Lunar Node quincunx Apollon 12:16 EDT
Moon crossing Universal Clock 24 Line 14:52 EDT
Venus conjunct Mars in right ascension 15:45 EDT
Mars biquintile True Lunar Node 18:20 EDT
Heliocentric Venus quintile Heliocentric Saturn 18:50 EDT
Heliocentric Mercury trine Heliocentric Kronos 20:24 EDT
Venus biquintile True Lunar Node 21:39 EDT
Heliocentric Venus enters Scorpio 23:16 EDT
October 25
Venus conjunct Mars 02:10 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Neptune 03:05 EDT
Heliocentric Mercury biquintile Heliocentric Zeus 03:25 EDT
Heliocentric Venus conjunct Heliocentric Mars 12:13 EDT
True Lunar Node trine Vulcanus 12:40 EDT
Jupiter square Saturn 13:25 EDT
Pluto square True Lunar Node 13:26 EDT
Pluto quincunx Vulcanus 16:25 EDT
Mercury conjunct Jupiter in right ascension 17:44 EDT
Heliocentric Mercury trine Heliocentric Poseidon 23:17 EDT
October 26
Venus conjunct Sun in right ascension 03:17 EDT
Heliocentric Earth sextile Heliocentric Kronos 04:00 EDT
Mercury trine True Lunar Node 04:35 EDT
Sun parallel Chiron 04:58 EDT
Heliocentric Mercury quintile Heliocentric Pluto 04:58 EDT
Sun parallel Chiron in right ascension 05:07 EDT
Heliocentric Mercury semisextile Heliocentric Chiron 06:44 EDT
Mercury opposition Admetos in right ascension 08:49 EDT
Mercury trine Vulcanus 09:31 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Vulcanus 09:42 EDT
Mercury semisextile Pluto 11:00 EDT
Heliocentric Saturn semisquare Heliocentric Kronos 12:08 EDT
Moon crossing Universal Clock 24 Line 12:34 EDT
Void-of-Course Moon 14:02-23:47 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Apollon 14:09 EDT
Heliocentric Mercury quincunx Heliocentric Zeus 14:56 EDT
Heliocentric Venus trine Heliocentric Kronos 16:36 EDT
Jupiter opposition Admetos in right ascension 17:18 EDT
Sun trine Kronos 22:23 EDT
October 27
Heliocentric Mercury quintile Heliocentric Admetos 01:04 EDT
Venus trine Kronos 01:31 EDT
Mercury semisextile Apollon 01:43 EDT
Heliocentric Mercury square Heliocentric Cupido 06:10 EDT
Heliocentric Mercury conjunct Heliocentric Uranus 10:16 EDT
Heliocentric Earth opposition Heliocentric Venus 13:14 EDT
Jupiter opposition Admetos 13:48 EDT
Sun conjunct Venus 13:50 EDT
Venus conjunct 04/24/05 Lunar Eclipse Point 14:42 EDT
Sun conjunct 04/24/05 Lunar Eclipse Point 14:55 EDT
Venus square Chiron 21:06 EDT
Sun square Chiron 23:00 EDT
October 28
Venus parallel Mars in right ascension 00:53 EDT
Venus parallel Mars 00:56 EDT
Heliocentric Jupiter in 24th harmonic to Heliocentric Cupido 00:58 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Mars 08:01 EDT
Moon crossing Universal Clock 24 Line 08:46 EDT
Heliocentric Mercury quincunx Heliocentric Saturn 11:29 EDT
Mercury conjunct Jupiter in right ascension 12:31 EDT
Venus parallel Chiron 14:21 EDT
Venus parallel Chiron in right ascension 14:27 EDT
Mercury retrograde station 15:17 EDT
Heliocentric Mercury biquintile Heliocentric Apollon 16:37 EDT
Heliocentric Mercury semisextile Heliocentric Neptune 17:09 EDT
Mars trine Kronos 17:32 EDT
Venus quintile Saturn 20:10 EDT
Void-of-Course Moon begins 21:30 EDT
Venus trine Kronos in right ascension 21:38 EDT
October 29
Venus crossing Universal Clock 24 Line 00:51 EDT
Mars parallel Chiron 01:12 EST
Mars parallel Chiron in right ascension 01:24 EST
Heliocentric Earth semisquare Heliocentric Mercury 02:01 EST
Neptune direct station 02:57 EST
Sun quintile Saturn 03:28 EST
Void-of-Course Moon ends 05:17 EST
Sun crossing Universal Clock 24 Line 08:47 EST
Heliocentric Mercury sesquiquadrate Heliocentric Venus 10:02 EST
Heliocentric Mercury sesquiquadrate Heliocentric Poseidon 10:18 EST
Heliocentric Venus conjunct Heliocentric Poseidon 10:46 EST
Heliocentric Mars trine Heliocentric Kronos 11:11 EST
Sun trine Kronos in right ascension 12:27 EST
Heliocentric Mercury semisquare Heliocentric Chiron 17:11 EST
Mars conjunct 04/24/05 Lunar Eclipse Point 17:16 EST
True Lunar Node direct station 17:21 EST
Venus conjunct Poseidon in right ascension 17:40 EST
Heliocentric Mercury sextile Heliocentric Admetos 17:51 EST
Heliocentric Mercury biquintile Heliocentric Saturn 18:50 EST
Heliocentric Mercury trine Heliocentric Vulcanus 19:33 EST
Mercury semisextile Apollon 20:49 EST
Heliocentric Earth biquintile Heliocentric Cupido 23:05 EST
Heliocentric Mercury quincunx Heliocentric Apollon 23:33 EST
Venus conjunct Poseidon 23:40 EST
While our weekly Gann Plan Astro-Trading Calendar acknowledges and
honors the work of legendary trader W. D. Gann, it only reflects a small
portion of the wisdom that Gann brought to the markets during the last
century. For more Gann Plan trading insights be sure to read the free
GANN PLAN TRADING LETTER. The current issue can be downloaded without
charge or obligation at http://www.gannplan.com.
Be sure to get your
free subscription when you visit the site; you'll be notified about each
new issue as soon as it is available.
*****
STOCKS TO WATCH: AAPL, CHL, RTP.
Potential Candidates for Short-Term Trades
Apple Computer Inc. (AAPL)
NASDAQ; optionable
First Trade Date: 12/12/1980; 10:00 a.m.
Jupiter is getting ready to cross the AAPL First-Trade Midheaven, which
would ordinarily be enough to attract our attention. But there's even
more going on here, especially when the transneptunians are taken into
account. Transiting Poseidon is semisquare First-Trade Neptune and
conjunct First-Trade Cupido, transiting Apollon is semisquare
First-Trade Mercury and conjunct First-Trade Poseidon, and transiting
Zeus is conjunct First-Trade Apollon. All these aspects set up a strong
positive potential for this stock, at least until transiting Saturn
makes its retrograde station and forms a square to the AAPL First-Trade
Midheaven in late November and early December. Our plan is thus to add a
long position in First-Trade to the Model Portfolio early in this
trading week; we may see a little bit of choppy action as we close out
October and move into November, but overall we expect to see sufficient
price appreciation in the coming weeks to warrant a trade at this time.
We will set our initial stop at 72.45.
China Mobile Ltd. (CHL)
NYSE; optionable
First Trade Date: 10/22/1997; 09:30 a.m.
This stock has found some nice support on its 10-day moving average for
the past six or eight weeks, and with the Sun, Venus and Mars all
conjoining the CHL First-Trade Sun, transiting Jupiter conjoining the
First-Trade Ascendant, and transiting Chiron conjoining First-Trade
Uranus, there's plenty of positive action to pay attention to here, even
though Saturn will be slowing down and forming a square to the CHL
First-Trade Midheaven in a few weeks. Our plan is to add a long position
in this stock to our Model Portfolio immediately, with an initial stop
set at 36.25.
Rio Tinto Plc ADR (RTP)
NYSE; optionable
First Trade Date: 06/28/1990; 09:30 a.m.
This stock has shot up more than 17 percent since early October, which
is not too surprising with transiting Neptune square the First-Trade
Midheaven and with transiting Venus conjoining First-Trade Poseidon. RTP
is currently flirting with the resistance it has found in recent months
at around $215 a share, however, and we suspect that it will be putting
the brakes on quite decisively, especially with transiting Vulcanus
forming a semisquare to First-Trade Hades and with transiting Saturn
getting ready to conjoin the RTP First-Trade Ascendant. Our plan is thus
to sell RTP short toward the end of the trading week unless it breaks
out significantly above the 215 mark; we will set our initial buy stop
at 216.25.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
by Taylor-Bost
Consulting and edited by Tim Bost at 2132 Beneva Road, Sarasota, FL
34232 USA. Phone: 941-921-2588. Fax: 941-927-5798. Web:
http://www.TimBost.com. Entire contents
© copyright 2006 Timothy L.
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FINANCIAL CYCLES WEEKLY is to foster the growth of person-centered
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CYCLES WEEKLY is a general interest publication which is prepared from
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