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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
The Long and Short of It
Breaking the 2002 Record
Ignoring Assault Rifles
Natal Money Potential
The Week Ahead in Earnings
The Economic Calendar
Astrological Dynamics
Spiritual Focus for the Week
Global Equities Markets
U.S. Equity Trends
Metal Markets
Financial Cycles Model Portfolio
Market Sector Strength and Weakness
Astro-Trading Gann Plan Calendar
Stocks to Watch
COMMENT: Understandably enough, I've been getting
lots of questions
about the big decline in the stock market last week. "Could this have
been predicted?" one of my clients wanted to know.
The answer is of course "yes" if you're using astrology in your market
analysis. In the FinancialCyclesWeekly.com newsletter for February 18, I
warned readers that "The most noteworthy astrological event over the
coming weekend will be Sunday's Mars ingress into Aquarius. This should
contribute to a price pullback in stocks for the final trading days in
February."
Then, in last week's issue of FinancialCyclesWeekly.com, which went out
to subscribers just before Monday's opening bell, I added more specific
astrological details about why we could expect a negative move in
stocks: "The week kicks off with Mars moving into the sign of Aquarius,
an astro-indicator that typically brings lower stock prices in its wake.
I think we have a good chance of seeing a correction getting underway
this week, thanks not only to this action from Mars, but also to the
reinforcement of the Mercury retrograde cycle and the fact that
transiting Mercury will be entering Aquarius after the closing bell on
Monday. While a Mercury ingress into Aquarius can bring stock prices up
when the planet is in direct motion, the opposite is very much the case
when Mercury is retrograde and enters Aquarius in the closing degrees of
the sign."
I also noted that Wednesday's Saturn/Neptune opposition "is the second
in a series of three oppositions between those two planets, and the
strongest effect in a series like this is typically with the third
passage. Even so, I don't think we can rule out the potential that this
Saturn/Neptune opposition holds for triggering a short-term trend
change. The heliocentric ingress of Mercury into Libra on Wednesday
evening adds to the likelihood of a price pull-back for stocks this week.
"Just to make sure we get the point, there's also a lot of
correction-producing action on Thursday, including two eclipse
activation during the afternoon of the trading day in New York. The
biggest potential market mover on Thursday will come after the closing
bell, however, with Venus forming an opposition to Zeus. This aspect
usually brings stock prices down fairly decisively."
So which of these astrological factors triggered the sell-off last week?
Take your pick. I personally prefer to attribute it to the aggregate of
all these factors, especially considering the fact that they all took
place just prior to a Lunar Eclipse.
FASTEN YOUR SEAT BELTS
We have an extremely skittish market environment right now, so I'm
expecting another roller-coaster ride this week in the stock market,
with some strong potential for further losses in equities prices. Even
so, I'm expecting to enter long positions as well as short ones this
week, in anticipation of the market resuming its bullishness after the
Solar Eclipse later this month. There's a huge amount of money on the
sidelines right now, and when it decides to reenter the market the
result will be quite dramatic.
JANUARY HEAT WAVE
In spite of all the cold weather that's been hitting the U.S. during
recent weeks, the first month of 2007 was the warmest January ever
recorded since planetary temperature records were first kept in 1880.
The global average temperature for January exceeded the previous record,
set in 2002, by 0.81 degrees Fahrenheit, thanks to the unusually warm
temperatures in Siberia, Canada, and northern Europe and Asia.
Typically, when monthly temperature records are broken, it is only by
hundredths of a degree.
NO REPERCUSSIONS FROM INTERNATIONAL INCIDENT
In another locale it might have meant a shooting war, but it looks like
there will be no retaliation from Liechtenstein after the tiny European
country was accidentally invaded by Switzerland last Thursday. About 170
Swiss infantry soldiers were out doing field maneuvers and wandered
across the border into Liechtenstein, penetrating the neighboring
country for about a mile before they realized their error and then
turned to go back home. The troops were armed with assault rifles (as
well as Swiss Army Knives), but carried no ammunition with them.
Daniel Reist, a spokesman for the Swiss army, confirmed that the
accidental invasion had taken place, but shrugged it off. "We've spoken
to the authorities in Liechtenstein and it's not a problem," he said.
Markus Amman, a spokesman for the Liechtenstein interior ministry, said
that nobody in his country had even noticed that the Swiss troops were
there. "It's not like they stormed over here with attack helicopters or
something," he said. Liechtenstein, with a national population of just
34,000 people and a total land area roughly equivalent to that of
Washington, D.C., has no army of its own.
It was a wonderful Mercury retrograde kind of incident, but a quick
glance at the secondary progressed horoscopes for the two nations
confirms the lack of tension between them. The progressed Mercury for
Switzerland (August 1, 1291) conjoins the progressed Ascendant for
Liechtenstein (November 13, 1989), and the Swiss progressed Venus
conjoins the Liechtenstein progressed Jupiter.
THE MONEY IN YOUR HOROSCOPE
This week I'll be traveling to Baltimore, Maryland, where I'll be
speaking on Friday at the NCGR conference on "How to Find the Money in
Your Horoscope." You'll find details on the conference at
http://www.geocosmic.org/. Please
join me there if you're in the area!
NEWS AND UPDATES THROUGHOUT THE WEEK
Check my website for the latest news and special offers; it's updated
several times each week. Go to www.TimBost.com
and click on "Latest
News." While you're there, check out the "Top Listed Site Astrology"
button for links to other astrological resources.
*****
THE WEEK AHEAD IN EARNINGS
The action in earnings is starting to slow down considerably. This week
we will be looking for earnings announcements from ADC (ADCT),
Brown-Forman Corporation (BFB), Chico's FAS, Inc. (CHS), Costco
Wholesale Corporation (COST), National Semiconductor (NSM), and Big
Lots, Inc. (BIG).
THE ECONOMIC CALENDAR
The economic reports this week will include the ISM Non-Manufacturing
Survey, Productivity and Costs, Factory Orders, Pending Home Sales,
Durable Goods Orders, Consumer Confidence, Existing Home Sales, MBA
Purchase Applications, ICSC-UBS Store Sales, ADP Employment Report,
Consumer Credit, the EIA Petroleum Status Report, the EIA Natural Gas
Report, the Monster Employment Index, Jobless Claims, Chain Store Sales,
Employment Situation, International Trade, RBC Cash Index, Wholesale
Trade, and the Money Supply. We will also get rate announcements from
the Bank of Canada, the Bank of England, and the European Central Bank
On Monday St. Louis Federal Reserve Bank President William Poole will be
at the Global Interdependence Center in Santiago, Chile to speak about
inflation and financial stability, while Federal Reserve Governor Kevin
Warsh will be in Washington to talk to the IIB Conference about the
challenges that the US and global markets are facing. On Tuesday
Philadelphia Federal Reserve Bank President Charles Plosser will be in
New York to talk to the New York Association for Business Economics. On
Wednesday Chicago Federal Reserve Bank President Michael Moskow will
forecast US economic trends for the Jewish United Fund in Chicago.
Friday will bring a flurry of Fed activity as Governor Donald Kohn,
Governor Randall Kroszner, Richmond Fed President Jeffrey Lacker and
Minneapolis Fed President Gary Stern all gather in Chicago at the
monetary policy forum co-sponsored by the Univ. of Chicago Graduate
School of Business.
ASTROLOGICAL DYNAMICS
We start the trading week with a waxing Sun/Cupido square, an aspect
that typically brings stock prices up for about two days. By mid-morning
a Sun/Uranus conjunction will also be in play, adding some additional
positive energy to the mix.
Tuesday's session is likely to be influenced most strongly by the entry
of heliocentric Venus into Gemini late Monday night. This is a planetary
configuration that usually ushers in a strong positive surge in stock
prices. By Tuesday night, however, as the Sun conjoins the True Lunar
Node (a dynamic with a very slight downward bias), the signals start to
get mixed. Wednesday has a lot of potential for being a very confusing
day on the trading floor, with some fairly choppy signals leading into a
void-of-course Moon that will keep me out of active trades for the last
hour of the trading day. After Wednesday's closing bell there's a
heliocentric Mercury/Apollon conjunction, which brings a negative bias
to the trading environment, followed by the Mercury direct station,
adding even more strength to the downside potential.
Before Thursday's opening bell we get a waxing Venus/Jupiter trine, an
aspect which typically brings a strong downward move to U.S. equities.
It's followed that afternoon by the Hades direct station, another
negative indicator for stocks. The bearish bias continues into Friday
with heliocentric Mercury's entry into Scorpio, which adds a slightly
negative tint to the market picture.
Much of the coming weekend's action suggests some indecision as far as
market direction is concerned, but the heliocentric Mercury/Poseidon
conjunction on Sunday is likely to add a powerful positive blast to
stock prices as the following trading week gets underway.
My overall expectation, then, is for a valiant attempt at a recovery
rally as this trading week gets underway, with the positive energy
petering out by midweek. The opposite side of the coin this week may
prove to be more price choppiness rather than another sharp leg down,
but it's important to remember that in this market environment anything
can happen, and probably will. My longer-range outlook for stocks
remains quite bullish, but there are plenty of excuses for staying out
of this market if you don't have a stomach for roller coasters.
Throughout this week I will be tracking heliocentric fifth-harmonic
planetary lines (H,72,N,-2) for the Earth, Mercury, Venus, Mars,
Jupiter, Uranus, Neptune, Chiron, Apollon, Admetos, and Kronos, 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.
We begin March with Mercury finishing its retrograde cycle, reminding us
that this is still a time for reflection, for reviewing our past and
renewing our spiritual commitments. The Lunar Eclipse on March 3
introduces a week in which we can best discover the seeds of true
success if we return to our roots in pure consciousness. If we turn
within ourselves and refresh our awareness of who we really are, we will
suddenly be able to envision strategies in which we can more soundly
contribute to the greater good, creating the biggest possible impact
with the least possible effort.
"Consider how hard it is to change yourself and you'll understand what
little chance you have of changing others." --Jacob M. Braude
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
There were no exceptions when stocks began their sell-off last week,
with significant price drops hitting every major exchange in the world.
In some cases last week's losses erased all of the gains posted so far
in 2007.
Dow Jones Industrial Average -- down 4.22%
Dow Jones Transportation Average -- down 7.30%
Dow Jones Utilities Average -- down 1.45%
S+P 500 -- down 4.41%
NASDAQ Composite Index -- down 5.85%
Russell 2000 -- down 6.19%
London FTSE-100 -- down 4.46%
Paris CAC-40 -- down 5.10%
Frankfurt DAX -- down 5.57%
Sydney All Ordinaries -- down 3.90%
Tokyo Nikkei Index -- down 5.34%
Hong Kong Hang Seng Index -- down 6.13%
Singapore Straits Times Index -- down 7.00%
*****
U.S. EQUITY TRENDS
Although last week's heavy selling put quite a dent in the U.S. market
averages, most of our trend indicators remained intact, leaving us
essentially bullish for U.S. stocks, especially in the longer time frames.
The NASDAQ Composite was the one exception. With a loss for the week of
5.85%, this index took out our September 1 short-term buy signal fairly
decisively. We are thus now on a March 2 short-term sell signal, an
October 13 intermediate-term buy signal, and an October 13 long-term buy
signal. A daily close above 2525 will flip our short-term indicator back
to the buy side, with a daily close below 2048 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.
With Friday's close of 1387, the S+P 500 came within a hair's breadth of
triggering a 1375 sell signal. For the time being, however, 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
1375 generating a sell signal for the short term.
Last week's selling left our trend assumptions for the Russell 2000
unchanged. It remains on a November 14 buy signal. A daily close below
746 will reverse our short-term indicator, while a close below 668 will
flip our intermediate-term buy signal and a close below 614 will move
our long-term indicator for the Russell to the sell side.
S+P 500 -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bullish
NASDAQ -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bearish
RUSSELL 2000 -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term
Bullish
*****
METAL MARKETS
SILVER -- The positive price action I anticipated last week didn't
materialize; instead Silver followed Gold on the way down. This week we
still have the Sun/Uranus conjunction right on the heels of the recent
Lunar Eclipse, which could drive Silver back up a bit. But with
transiting Uranus about to form a trine to the transiting Mars/Saturn
midpoint, it's not unrealistic to see a further decline this week.
Although I expect to a boost to Silver prices before the end of spring,
we would do well to take anything that looks like a Silver rally with a
grain of salt right now.
GOLD -- When I mentioned last week that Gold was due for a short-term
price reversal, I didn't quite expect such a significant move to the
downside. Even so, after giving up about 6% of its value last week, Gold
still looks like it has a little further down to go. I'm expecting a
further price pull-back this week, with the buying opportunity
continuing until the Solar Eclipse later this month. For the long term,
the outlook for Gold remains bullish.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
POSITIONS CLOSED DURING THE PREVIOUS WEEK: MAR, ETN,
DAVE,
GRMN, HAS, VARI.
We closed six positions during the previous week, with two winners and
four losers bringing us a net loss of $323.00.
We sold 200 shares of Marriott International Inc. Class A (MAR) at 49.05
on 02/26/07, taking a loss of $10.00 (a 0.10% loss in 14 trading days).
We sold 200 shares of Eaton Corporation (ETN) at 80.75 on 02/27/07,
taking a profit of $252.00 (a 1.59% gain in 5 trading days).
We sold 500 shares of Famous Dave's of America (DAVE) at 18.38 on
02/27/07, taking a loss of $50.00 (a 0.54% loss in 9 trading days).
We sold 200 shares of Garmin Inc. (GRMN) at 55.90 on 02/27/07, taking a
loss of $312.00 (a 2.71% loss in 2 trading days).
We sold 300 shares of Hasbro, Inc. (HAS) at 28.86 on 02/27/07, taking a
profit of $21.00 (a 0.24% gain in 13 trading days).
We sold 200 shares of Varian Inc. (VARI) at 55.60 on 02/27/07, taking a
loss of $224.00 (a 1.97% loss in 5 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK: ACL, VAS.
We added two long positions to the Model Portfolio last week.
We bought 100 shares of Alcon Inc. (ACL) at 123.44 on 03/02/07, with an
initial stop set at 115.00.
We bought 300 shares of Viasys Healthcare Inc. (VAS) at 30.87 on
03/02/07, with an initial stop set at 27.75.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 30 completed trades, with 7
winners and 23 losers bringing us a total net loss of $1,804.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $534.71; the largest single-trade loss has been $438.00, with
our losers averaging $241.04. The overall average loss per trade has
been $60.13, and the mean duration of our trades has been 9.2 trading days.
During 2006 we had a total of 177 completed trades, with 74 winners and
103 losers bringing us a total net profit of $9,881.00. The largest
profit for a single trade was $2,595.00, with our winners averaging
$473.04; the largest single-trade loss was $949.00, with our losers
averaging $247.31. The overall average profit per trade was $55.82. The
mean duration of our trades was 9.0 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
Alcon Inc. (ACL) -- bought 100 shares at 123.44 on 03/02/07; currently
122.73. Raise stop to 119.00.
Central Parking Corporation (CPC) -- bought 400 shares at 18.80 on
12/26/06; currently 22.26. Raise stop to 22.02.
Kaydon Corporation (KDN) -- sold short 200 shares at 44.69 on 02/21/07;
currently 41.60. Lower buy stop to 42.99.
Viasys Healthcare Inc. (VAS) -- bought 300 shares at 30.87 on 03/02/07;
currently 30.54. Raise stop to 29.55.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Rubber and Plastics; Oil and Gas Pipelines; Health Care Plans.
WEAKEST MARKET SECTORS LAST WEEK:
Hospitals; Silver; Generic Drugs; Gold; Medical Laboratories and Research.
*****
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.
March 4
Heliocentric Venus quincunx Heliocentric Pluto 01:47 EST
True Lunar Node direct station 02:36 EST
Moon crossing Universal Clock 24 Line 04:17 EST
Heliocentric Mercury sextile Heliocentric Cupido 07:13 EST
Heliocentric Earth semisextile Heliocentric Mercury 11:25 EST
Heliocentric Mercury quincunx Heliocentric Uranus 17:56 EST
Heliocentric Mercury quintile Heliocentric Pluto 20:05 EST
Venus trine Cupido 22:17 EST
Mars in 24th Harmonic to Neptune 23:48 EST
March 5
Void-of-Course Moon 01:56-04:25 EST
Venus semisextile Uranus 02:05 EST
Sun square Cupido 05:33 EST
Venus opposition 09/07/06 Lunar Eclipse antiscion 07:07 EST
Mercury parallel Chiron 08:08 EST
Sun conjunct Uranus 10:39 EST
Heliocentric Earth opposition Heliocentric Uranus 10:47 EST
Venus contraparallel True Lunar Node 11:42 EST
Heliocentric Mercury biquintile Heliocentric Admetos 15:46 EST
Heliocentric Mars square Heliocentric Zeus 18:01 EST
Heliocentric Earth quintile Heliocentric Kronos 18:42 EST
Sun conjunct 09/07/06 Lunar Eclipse point 20:17 EST
Heliocentric Venus enters Gemini 22:41 EST
March 6
Heliocentric Jupiter quintile Heliocentric Neptune 00:11 EST
Mercury sesquiquadrate Zeus 01:38 EST
Sun contraparallel Venus 02:12 EST
Heliocentric Mercury trine Heliocentric Neptune 03:55 EST
Moon crossing Universal Clock 24 Line 04:42 EST
Venus semisextile True Lunar Node 06:59 EST
Heliocentric Mercury biquintile Heliocentric Uranus 11:06 EST
Heliocentric Mars semisextile Heliocentric Chiron 11:44 EST
Mercury trine Apollon 11:53 EST
Heliocentric Venus biquintile Heliocentric Apollon 13:46 EST
True Lunar Node retrograde station 20:18 EST
Sun parallel True Lunar Node 21:24 EST
Sun conjunct True Lunar Node 21:24 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 23:21 EST
Venus conjunct 03/03/07 Lunar Eclipse antiscion 23:45 EST
Heliocentric Mercury sextile Heliocentric Saturn 23:59 EST
March 7
Heliocentric Mercury semisquare Heliocentric Jupiter 01:34 EST
Heliocentric Mercury quincunx Heliocentric Admetos 09:48 EST
Heliocentric Earth biquintile Heliocentric Chiron 10:02 EST
Heliocentric Mercury square Heliocentric Vulcanus 12:02 EST
Void-of-Course Moon 14:51-17:17 EST
Heliocentric Mercury conjunct Heliocentric Apollon 17:48 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Zeus 19:15 EST
Venus contraparallel Uranus 19:28 EST
Heliocentric Venus semisextile Heliocentric Kronos 19:48 EST
Mercury direct station 23:45 EST
Heliocentric Mercury trine Heliocentric Hades 23:50 EST
March 8
Moon crossing Universal Clock 24 Line 05:26 EST
Venus trine Jupiter 06:15 EST
Mars square Poseidon 08:09 EST
Heliocentric Mercury sextile Heliocentric Pluto 08:21 EST
Hades direct station 14:06 EST
Mars biquintile Kronos 15:01 EST
Heliocentric Mercury semisquare Heliocentric Cupido 16:13 EST
Heliocentric Mars in 24th harmonic to Heliocentric Pluto 19:54 EST
Heliocentric Mercury biquintile Heliocentric Venus 20:35 EST
March 9
Venus trine Saturn 03:41 EST
Heliocentric Mercury sesquiquadrate Heliocentric Uranus 04:19 EST
Heliocentric Mercury enters Scorpio 06:21 EST
Mercury trine Apollon 06:41 EST
Heliocentric Mercury quintile Heliocentric Mars 08:53 EST
Sun square Jupiter 09:18 EST
Venus quintile Kronos 14:35 EST
Mercury sesquiquadrate Zeus 17:40 EST
Void-of-Course Moon begins 20:51 EST
Venus sextile Neptune 22:41 EST
March 10
Sun parallel Zeus 04:23 EST
Heliocentric Venus biquintile Heliocentric Mars 04:37 EST
Heliocentric Mercury trine Heliocentric Kronos 05:06 EST
Void-of-Course Moon ends 05:36 EST
Moon crossing Universal Clock 24 Line 05:36 EST
Sun biquintile Apollon 06:10 EST
Sun quincunx Saturn 07:21 EST
Heliocentric Earth quincunx Heliocentric Neptune 10:44 EST
Heliocentric Venus quincunx Heliocentric Poseidon 13:37 EST
Heliocentric Mars semisextile Heliocentric Cupido 15:33 EST
Mars sesquiquadrate Hades 16:13 EST
Heliocentric Mercury quintile Heliocentric Saturn 17:31 EST
Heliocentric Earth semisquare Heliocentric Mercury 21:05 EST
Heliocentric Venus opposition Heliocentric Jupiter 22:47 EST
March 11
Daylight Saving Time begins 02:00 EST
Venus quintile Mars 07:09 EDT
Sun semisextile Neptune 10:30 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Admetos 12:40 EDT
Heliocentric Mercury conjunct Heliocentric Poseidon 15:59 EDT
Heliocentric Venus semisquare Heliocentric Vulcanus 17:19 EDT
Mars trine Zeus 18:49 EDT
Mars contraparallel Admetos 20:48 EDT
Heliocentric Mercury semisextile Heliocentric Jupiter 21:21 EDT
True Lunar Node direct station 23:04 EDT
While the 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: CAM, CL, JBX, LTR.
Cameron International Corporation (CAM)
NYSE; optionable
First Trade Date: 08/01/1995; 09:30 a.m.
With a price pull-back of about 6% during the past week's market
decline, it's tempting to consider CAM as a potential candidate for a
long position. This notion gets some reinforcement from transiting
Jupiter getting ready to conjoin the CAM First-Trade IC, where its
retrograde station next month will keep it in close orb to that
First-Trade angle for almost 60 days. But there's more here than meets
the eye. While Jupiter is doing its thing with the First-Trade IC,
transiting Hades will be making a similar long-term aspect to
First-Trade Chiron, which is definitely a nasty configuration. At the
same time we get transiting Uranus forming a square to First-Trade Hades
and a sesquiquadrate to the First-Trade True Lunar Node. This all looks
dicey enough for us to favor a short position instead. We'll sell CAM
short early in the trading week, with an initial buy stop at 58.50.
Colgate-Palmolive Company (CL)
NYSE: optionable
First Trade Date: 03/13/1930; 10:00 a.m.
The upcoming conjunction of transiting Mars to the transiting Sun/Pluto
Midpoint is likely to bring CL down even further during the next few
trading sessions, so we believe we can pick it up at a bargain price by
the middle of the trading week. Later in the month, thanks to the
transiting Jupiter/Saturn trine and the transiting Mars/Saturn
opposition, this stock is likely to pick up considerable positive
energy. With transiting Saturn currently crossing the CL First-Trade IC,
it's obviously a good time to be looking at a long position,
particularly because transiting Apollon is forming a powerful
sesquiquadrate to the CL First-Trade Jupiter/Vulcanus conjunction. Our
plan is thus to add a long position by mid-week, with an initial stop
set at 64.15.
Jack In The Box Inc. (JBX)
NYSE; optionable
First Trade Date: 10/04/1999; 09:30 a.m.
Transiting Saturn crossing the JBX First-Trade Midheaven is doing its
job of bringing this stock back down to earth after it gapped up
dramatically a couple of weeks ago. That's a great set-up for a long
position, especially with transiting Zeus conjoining the JBX First-Trade
Sun. With transiting Chiron about to conjoin First-Trade Uranus as well,
it's going to be hard to keep this stock from popping up again! Our plan
is to enter a limit order around the middle of the trading week for a
long position at 66.00 or better; our initial stop will be set at 64.70.
Loews Corporation (LTR)
NYSE; optionable
First Trade Date: 03/13/1959; 10:00 a.m.
With transiting Saturn crossing its First-Trade IC, it's not surprising
that this stock has pulled back a bit from its mid-February highs. With
transiting Cupido conjoining the First-Trade Descendant and opposing
First-Trade Mars, plus transiting Venus conjoining the First-Trade South
Lunar Node, there's sufficient positive action going on here to warrant
a long position. We plan to take one near the end of the trading week,
but will set our initial stop at 41.00 and then allow this trade plenty
of breathing room for the first week or so, since there's a possibility
of another modest pull-back around the time of the Solar Eclipse.
*****
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