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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
Rice Down the Rabbit Hole
Records at the Pump
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: After a whirlwind ride upward, it's
time for the stock market
to take a breather. The rally of recent months has defied the
expectations of many pundits, and has provided an abundance of
opportunities for profitable short-term trades. But now we have to look
at the possibility of a pause.
It's not likely that we will see the momentum back off too much prior to
the end of this trading week, but as we move into the week of May 14, we
are quite likely to see some corrective action get underway in the
equities markets. This downward move may be surprising in its intensity,
but I would be very hesitant to call it a crash instead of a correction.
In fact, my analysis suggests that a breather is exactly what we will
get, providing us with an opportunity to shop for a few bargains before
the rally resumes. My expectation is that the positive trend for stocks
will be reestablished before the end of May, with the upward momentum
carrying prices higher well into the month of June.
IS RICE RIGHT?
Poor Condoleezza Rice has been getting a hard time from television talk
show hosts who have been asking tough questions as she has been making
the rounds, defending the Bush administration's war in Iraq and
denouncing former CIA boss George Tenet's new book.
When she appeared recently with George Stephanopoulos, for example, he
played a clip of her appearance on his show in June 2003, when she
claimed she did not know of any serious questions before the war about
the falsified evidence that Iraq was trying to import uranium from Niger
to use in the production of weapons of mass destruction. "But,"
Stephanopoulos said, "that statement wasn't true," since Rice had in
fact gotten a memo raising serious questions about the uranium in
October 2002, three months before President Bush mentioned the subject
in his State of the Union address leading up to the U.S. invasion of Iraq.
When she was confronted with the contradiction, Rice claimed to have had
a memory loss on the subject. As far-fetched as that sounds, that claim
may actually not be too far from the truth. Transiting Neptune is
currently square Condoleezza's natal Sun, so for the next couple of
months there may be even more serious impairments to her ability to
remember things correctly, or at least to her ability to tell the truth.
GAS ON THE GO
The latest report from oil industry analyst Trilby Lundberg of the
Lundberg Survey says that gasoline prices in the U.S. have now hit a new
record high, with the nationwide average at $3.07 a gallon. This is
nearly 20 cents a gallon higher than the average price two weeks ago.
The current prices of gasoline are up 88.4 cents since January 19, a
jump of more than 40 percent. According to Lundberg, the lowest current
prices are in Charleston, South Carolina, where the average at the pump
is $2.80. The highest prices are currently in San Francisco, where
drivers are paying an average of $3.49.
Even though crude oil prices have been falling, it's likely that we will
see even higher prices at the pump in the coming weeks, since most of
the run-up is being attributed to refinery problems rather than to
supply issues. But pay particular attention to the upcoming Mars/Pluto
square on May 13; this aspect could trigger hostilities that provide an
excuse to worry about oil supplies, adding an extra rationale for
jacking up gasoline prices even more.
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 that may be of interest.
*****
THE WEEK AHEAD IN EARNINGS
The flow of earnings announcements has begun to slow down considerably.
The most noteworthy reports this week will come from Flour Corporation
(FLR), McKesson Corporation (MCK), Progress Energy (PGN), Cisco Systems
(CSCO), CVS/Caremark Corporation (CVS), Duke Energy Corporation (DUK),
Dynegy Inc. (DYN), El Paso Corporation (EP), Electronic Arts (ERS),
Harrah's Entertainment (HET), Marsh and McLennan Companies, Inc. (MMC),
Molson Coors Brewing Company (TAP), Spectra Energy (SE), Tenet
Healthcare (THC), Tyco International (TYC), Archstone-Smith Trust (ASN),
Barr Pharmaceuticals, Inc. (BRL), Edison International (EIX), Hospira
(HSP), Integrys Energy Group, Inc. (TEG), Legg Mason (LM), The DIRECTV
Group, Inc. (DTV), Toll Brothers (TOL), Toyota Motor Corporation (TM),
TXU Corporation (TXU), Whole Foods Market (WFMI), Ameren Corporation
(AEE), American International Group (AIG), Consolidated Edison, Inc.
(ED), King Pharmaceuticals (KG), NVIDIA Corporation (NVDA), PG+E
Corporation (PCG), Sara Lee (SLE), The Interpublic Group of Companies
Inc. (IPG), Viacom (VIA), Windstream Communications (WIN), and Emmis
Communications (EMMS).
THE ECONOMIC CALENDAR
The economic reports scheduled for this week include the March report on
Consumer Credit, ICSC-UBS Store Sales, Wholesale Trade, MBA Purchase
Applications, the EIA Petroleum Status Report, the EIA Natural Gas
Report, Import and Export Prices, International Trade, Jobless Claims,
Chain Store Sales, the Treasury Budget, the RBC Cash Index, Business
Inventories, Retail Sales, the Producer Price Index, and the Money Supply.
Most of the market's attention is likely to be focused on the Federal
Reserve this week, with the Fed's Open Market Committee meeting on
Wednesday and announcing its latest interest rate policies. The
consensus is that the Fed will leave rates unchanged, but the tone and
wording of the interest rate announcement will come under intense
scrutiny as the Wall Street pundits look for clues about the prospects
for future changes. The Fed's announcement will be followed by policy
statements from both the Bank of England and the European Central Bank
on Thursday.
ASTROLOGICAL DYNAMICS
The trading week begins on a positive note thanks to the power of
Sunday's Venus/Pluto opposition and Monday's heliocentric
Mercury/Jupiter opposition. These two planetary aspects are likely to
help fuel some positive momentum, which should be sustained by Tuesday's
heliocentric Mercury/Cupido opposition and by the geocentric conjunction
of Mercury with Admetos on the same day.
Tuesday also brings a Void-of-Course Moon, however, so some extra
caution will be necessary then. My personal trading plan includes a
break from active engagement with the markets until the lunar void is
over, about two hours prior to Tuesday's closing bell.
By late Wednesday and early Thursday we're likely to see a shift in
market temperament. Wednesday evening's heliocentric Mars/Neptune
conjunction and the heliocentric opposition of Venus and Uranus in the
early hours of Thursday morning are both likely to add some choppiness
to equities trading, with a distinctly downward bias to the action in
stocks. The Venus/Kronos conjunction on Thursday morning may provide a
brief bounce to the upside, but the waning Jupiter/Uranus square that
night, an extremely powerful aspect, is quite likely to overshadow the
Venus action.
That Jupiter/Uranus square is likely to be one of the principal agents
in moving the markets lower for the following week to ten days. It's
likely to overpower the lighter, more positive energy of Friday
morning's heliocentric Mercury/Kronos conjunction and heliocentric
Mercury/Pluto opposition. And with the volatility of the waxing
Mars/Pluto square on Sunday, May 13, the downward push in stocks is
likely to show some surprising strength.
Throughout this week I will be tracking heliocentric fourth-harmonic
planetary lines H,90,N,-2) for Mercury, Venus, Mars, Jupiter, Uranus,
Neptune, Pluto, Cupido, and Hades, 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.
As we connect with others on our spiritual journey, we can open up rich
creative expressions that can take us to new heights of inspiration and
awareness. As transformative process unfolds, we can gain a great deal
if we remember the previous times we have been divinely guided and
protected, for in those memories of sacred security we will find the
seeds of even more magnificent transformations that are yet to come.
"We are each of us angels with only one wing. And we can only fly
embracing each other." -- Luciano de Crescenzo
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
Except for the equities logjam in Tokyo, where prices remained virtually
unchanged, the stock markets around the world extended their rally last
week. The charge was led by London, Singapore, and Sydney, with U.S.
issues pushing hard to keep up the pace.
Dow Jones Industrial Average -- up 1.10%
Dow Jones Transportation Average -- up 0.95%
Dow Jones Utilities Average -- up 0.35%
S+P 500 -- up 0.77%
NASDAQ Composite Index -- up 0.58%
Russell 2000 -- up 0.38%
London FTSE-100 -- up 2.88%
Paris CAC-40 -- up 2.33%
Frankfurt DAX -- up 1.88%
Sydney All Ordinaries -- up 2.53%
Tokyo Nikkei Index -- down 0.03%
Hong Kong Hang Seng Index -- up 1.53%
Singapore Straits Times Index -- up 2.56%
*****
U.S. EQUITY TRENDS
U.S. equities managed to keep their rally alive last week, so all of our
trend indicators remain unchanged and consistently bullish.
The Russell 2000 is on a November 14 buy signal. A daily close below 760
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.
For the S+P 500 we have an April 5 short-term buy signal in place, with
a daily close below 1408 needed to trigger a reverse indicator back to
the sell side. We also have an August 18 buy signal in place for 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.
For the NASDAQ Composite, we are on an April 20 short-term buy signal,
an October 13 intermediate-term buy signal, and an October 13 long-term
buy signal. A daily close below 2448 will flip our short-term indicator
back to the sell side, with a daily close below 2331 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.
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 Bullish; Short-Term
Bullish
*****
METAL MARKETS
GOLD -- Just as we anticipated, Gold staged a significant come-back last
week, and we are likely to see that positive energy continue, at least
during the first part of the coming trading week. But that trend could
reverse into a sharp but brief sell-off, triggered by the Jupiter/Uranus
square near the end of the week. If that happens, it could provide a
nice buying opportunity for the yellow metal, since the outlook remains
bullish on Gold for the long-term.
SILVER -- The pullback in Silver prices that we have been seeing in
recent weeks is likely to continue during the coming week's trading. We
should see a return to buying before the end of the month, but for the
time being Silver is likely to show continued softness.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
POSITIONS CLOSED DURING THE PREVIOUS WEEK:
ACL, ITRI, PCG, CTSH, ETN, THQI.
We closed six positions during the previous week, with three winners and
three losers bringing us a net profit of $1,253.00.
We sold 100 shares of Alcon Inc. (ACL) at 136.61 on 04/30/07, taking a
profit of $1,307.00 (a 10.67% gain in 28 trading days).
We sold 200 shares of Itron Inc. (ITRI) at 69.91 on 04/30/07, taking a
loss of $162.00 (a 1.15% loss in 5 trading days).
We sold 200 shares of PG+E Corporation (PCG) at 50.73 on 04/30/07,
taking a loss of $182.00 (a 1.76% loss in 5 trading days).
We sold 200 shares of Cognizant Technology Solutions Corporation Class A
(CTSH) at 88.25 on 05/01/07, taking a profit of $212.00 (a 1.22% gain in
12 trading days).
We bought to cover 100 shares of Eaton Corporation (ETN) at 91.54 on
05/03/07, taking a loss of $367.00 (a 4.18% loss in 8 trading days).
We bought to cover 300 shares of THQ Inc. (THQI) at 34.88 on 05/04/07,
taking a profit of $435.00 (a 3.99% profit in 14 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK: PKD, LUFK.
We added one long position and one short position to the Model Portfolio
last week.
We sold short 900 shares of Parker Drilling Company (PKD) at 10.75 on
05/01/07, with an initial buy stop set at 12.50.
We bought 200 shares of Lufkin Industries Inc. (LUFK) at 64.67 on
05/04/07, with an initial stop set at 60.00.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 56 completed trades, with 21
winners and 35 losers bringing us a total net profit of $2,904.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $538.10; the largest single-trade loss has been $744.00, with
our losers averaging $257.77. The overall average profit per trade has
been $51.86, and the mean duration of our trades has been 10.9 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
Canadian Natural Resources Ltd. (CNQ) -- bought 200 shares at 59.65 on
04/16/07; currently 63.62. Raise stop to 60.25.
Lufkin Industries Inc. (LUFK) -- bought 200 shares at 64.67 on 05/04/07;
currently 64.90. Raise stop to 61.15.
Parker Drilling Company (PKD) -- sold short 900 shares at 10.75 on
05/01/07; currently 11.01. Lower buy stop to 11.27.
RPC Inc. (RES) -- sold short 500 shares at 17.67 on 04/20/07; currently
17.27. Lower buy stop to 17.52.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Periodical Publishing; General Contractors; Cement; Toy and Hobby
Stores; Accident and Health Insurance.
WEAKEST MARKET SECTORS LAST WEEK:
Music and Video Stores; Apparel and Clothing Textiles; Office Supplies;
Sporting Goods Stores; Residential REITs.
*****
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 this 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. Note that in order to
save space this calendar excludes most lunar aspects, which can also be
important in moving markets as well.
May 6
Heliocentric Mercury biquintile Heliocentric Apollon 01:54 EDT
Heliocentric Earth trine Heliocentric Uranus 01:56 EDT
Void-of-Course Moon 02:45-05:21 EDT
Jupiter trine Saturn 03:05 EDT
Heliocentric Venus semisquare Heliocentric Vulcanus 07:26 EDT
Sun square Chiron 07:27 EDT
Heliocentric Mercury semisextile Heliocentric Kronos 09:43 EDT
Venus square 03/18/07 Solar Eclipse point 10:30 EDT
Sun parallel Saturn 10:57 EDT
Sun biquintile Zeus 12:32 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Saturn 13:10 EDT
Heliocentric Venus semisquare Heliocentric Apollon 19:22 EDT
Heliocentric Mars sesquiquadrate Heliocentric Kronos 19:25 EDT
Venus opposition Pluto 22:05 EDT
Heliocentric Venus semisextile Heliocentric Zeus 22:47 EDT
May 7
Mars trine Vulcanus 00:42 EDT
Mars parallel Zeus 01:46 EDT
Heliocentric Mercury quincunx Heliocentric Poseidon 02:29 EDT
Mercury parallel Admetos 07:58 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Admetos 08:12 EDT
Heliocentric Mercury semisquare Heliocentric Vulcanus 09:22 EDT
Mars sextile Admetos 09:36 EDT
Mercury square Neptune 10:28 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Apollon 12:27 EDT
Venus square 09/22/06 Solar Eclipse point 12:42 EDT
Heliocentric Mercury trine Heliocentric Zeus 13:20 EDT
Moon crossing Universal Clock 24 Line 15:30 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Hades 15:52 EDT
Heliocentric Venus quincunx Heliocentric Chiron 17:46 EDT
Mercury biquintile Pluto 17:59 EDT
Heliocentric Mercury trine Heliocentric Chiron 18:13 EDT
Heliocentric Mercury square Heliocentric Venus 18:22 EDT
Heliocentric Mercury opposition Heliocentric Jupiter 21:58 EDT
Heliocentric Mercury quintile Heliocentric Saturn 22:27 EDT
Mars opposition 03/14/06 Lunar Eclipse point 23:21 EDT
May 8
Heliocentric Mercury opposition Heliocentric Cupido 00:39 EDT
Heliocentric Mercury biquintile Heliocentric Poseidon 01:22 EDT
Mars biquintile Saturn 03:16 EDT
Venus enters Cancer 03:28 EDT
Mercury sextile Vulcanus 05:07 EDT
Void-of-Course Moon 03:34-13:48 EDT
Sun semisquare Kronos 07:26 EDT
Mercury conjunct Admetos 08:20 EDT
Heliocentric Mercury square Heliocentric Uranus 08:27 EDT
Heliocentric Venus square Heliocentric Jupiter 08:53 EDT
Sun square 02/07/08 Solar Eclipse point 13:06 EDT
Mars quincunx Apollon 14:04 EDT
Sun sextile Uranus 16:24 EDT
Venus sesquiquadrate Chiron 16:33 EDT
Mercury sesquiquadrate Zeus 17:45 EDT
Heliocentric Earth quincunx Heliocentric Mercury 18:12 EDT
Venus square 09/22/06 Solar Eclipse antiscion 18:15 EDT
Mercury quincunx Apollon 18:18 EDT
Heliocentric Venus square Heliocentric Cupido 18:49 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Kronos 18:58 EDT
Sun crossing Universal Clock 24 Line 19:43 EDT
Mercury sextile Mars 20:40 EDT
Sun quincunx Jupiter 23:10 EDT
Heliocentric Earth sesquiquadrate Heliocentric Kronos 23:12 EDT
May 9
Mercury semisextile Hades 00:11 EDT
Heliocentric Mercury trine Heliocentric Mars 00:13 EDT
Heliocentric Mercury trine Heliocentric Neptune 02:12 EDT
Mercury quintile True Lunar Node 04:47 EDT
Mars square Hades 06:41 EDT
Sun square Saturn 08:05 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Poseidon 11:34 EDT
Moon crossing Universal Clock 24 Line 11:37 EDT
Heliocentric Mercury semisextile Heliocentric Admetos 17:14 EDT
Heliocentric Mercury semisextile Heliocentric Vulcanus 18:24 EDT
Heliocentric Mars conjunct Heliocentric Neptune 20:16 EDT
Heliocentric Mercury sextile Heliocentric Saturn 20:19 EDT
Venus square 03/18/07 Solar Eclipse antiscion 20:37 EDT
Heliocentric Earth biquintile Heliocentric Mercury 21:07 EDT
Heliocentric Mercury trine Heliocentric Apollon 21:29 EDT
Heliocentric Venus quintile Heliocentric Kronos 21:41 EDT
May 10
Heliocentric Mercury conjunct Heliocentric Hades 00:54 EDT
Heliocentric Venus opposition Heliocentric Uranus 01:22 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Chiron 03:22 EDT
True Lunar Node direct station 03:36 EDT
Venus conjunct Kronos 10:20 EDT
Mercury quincunx Pluto 12:56 EDT
Void-of-Course Moon 17:47-19:32 EDT
Jupiter square Uranus 23:29 EDT
May 11
Heliocentric Mercury conjunct Heliocentric Kronos 04:06 EDT
Mercury quintile Uranus 04:45 EDT
Mercury enters Gemini 05:18 EDT
Moon crossing Universal Clock 24 Line 05:54 EDT
Heliocentric Mercury opposition Heliocentric Pluto 06:09 EDT
Mercury parallel Vulcanus 06:48 EDT
Venus semisquare Saturn 08:59 EDT
Heliocentric Venus biquintile Heliocentric Chiron 11:20 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Neptune 11:25 EDT
Mercury contraparallel Cupido 13:32 EDT
Heliocentric Earth sesquiquadrate Heliocentric Mercury 13:44 EDT
Heliocentric Mercury biquintile Heliocentric Chiron 13:51 EDT
Mercury biquintile Apollon 14:08 EDT
Heliocentric Mercury quintile Heliocentric Venus 14:44 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Mars 15:48 EDT
Heliocentric Mercury enters Cancer 16:04 EDT
True Lunar Node retrograde station 16:57 EDT
Heliocentric Mercury trine Heliocentric Poseidon 20:54 EDT
May 12
Heliocentric Mercury semisquare Heliocentric Admetos 02:41 EDT
Mercury square 03/18/07 Solar Eclipse antiscion 03:06 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Vulcanus 03:51 EDT
Heliocentric Mercury semisquare Heliocentric Saturn 06:07 EDT
Heliocentric Mercury square Heliocentric Zeus 07:53 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Hades 10:28 EDT
Mercury semisextile Kronos 10:57 EDT
Heliocentric Mercury quincunx Heliocentric Chiron 13:07 EDT
Mercury contraparallel Jupiter 15:20 EDT
Heliocentric Mercury quincunx Heliocentric Jupiter 18:11 EDT
Heliocentric Mercury quincunx Heliocentric Cupido 19:31 EDT
Void-of-Course Moon 19:53-22:19 EDT
Mars conjunct 03/18/07 Solar Eclipse point 22:05 EDT
Moon crossing Universal Clock 24 Line 22:17 EDT
Heliocentric Mercury biquintile Heliocentric Neptune 22:22 EDT
Heliocentric Venus quincunx Heliocentric Neptune 22:33 EDT
Sun square Neptune 22:55 EDT
May 13
Heliocentric Earth square Heliocentric Mars 00:13 EDT
Mercury parallel Hades 01:21 EDT
Heliocentric Mercury trine Heliocentric Uranus 03:40 EDT
Heliocentric Mercury biquintile Heliocentric Mars 06:48 EDT
Venus square 03/14/06 Lunar Eclipse antiscion 06:49 EDT
Mars square Pluto 11:15 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Poseidon 11:54 EDT
Sun biquintile Pluto 11:54 EDT
Mercury square 08/28/07 Lunar Eclipse point 13:03 EDT
Venus crossing Universal Clock 24 Line 14:07 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Kronos 14:23 EDT
Mars in 24th Harmonic to True Lunar Node 16:18 EDT
Heliocentric Mercury biquintile Heliocentric Jupiter 18:06 EDT
Jupiter biquintile Vulcanus 18:56 EDT
Heliocentric Mercury biquintile Heliocentric Cupido 19:09 EDT
Heliocentric Mercury quincunx Heliocentric Neptune 22:04 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: JBX, LTR, MCHP, VSEA.
Jack In The Box (JBX)
NYSE; optionable
First Trade Date: 10/04/1999; 09:30 a.m.
Transiting Saturn is currently crossing the JBX First-Trade Midheaven.
In most cases we would read that as an opportunity for the stock to find
a trading bottom, giving us a positive signal for a long position. With
JBX, however, something else is going on as well--transiting Saturn is
sextile First-Trade Hades, and transiting Hades is just about to form an
exact sesquiquadrate with the JBX First-Trade Ascendant. In other words,
it looks like things are about to come back down to earth in line with
the resistance this stock has met in recent months, so we plan to sell
it short immediately, with an initial buy stop set at 72.00.
Loews Corporation (LTR)
NYSE; optionable
First Trade Date: 03/13/1959; 10:00 a.m.
LTR also has transiting an angle in the First-Trade horoscope; in this
case it's the IC, and LTR picks up some positive reinforcement in the
form of transiting Neptune sesquiquadrate First-Trade Cupido, transiting
Zeus sesquiquadrate First-Trade Chiron, transiting Cupido conjunct the
First-Trade Descendant, and transiting Poseidon conjunct First-Trade
Neptune. While some of these aspects are unproven, we think the mix is
positive enough to warrant a long position. We will add one to the Model
Portfolio around the middle of the trading week, with an initial stop
set at 46.00.
Microchip Technology Inc. (MCHP)
NASDAQ; optionable
First Trade Date: 03/19/1993; 09:30 a.m.
MCHP also has transiting Saturn conjoining the First-Trade IC, but in
this case the added support comes entirely from transneptunian
interactions: transiting Zeus semisquare First-Trade Cupido and
transiting Poseidon sesquiquadrate First-Trade Kronos. This is enough
for us to put on a long position, which may end up as a fairly
short-term play. We will purchase this stock early in the trading week,
with an initial stop set at 39.00.
Varian Semiconductor Equipment Associates Inc. (VSEA)
NASDAQ; optionable
First Trade Date: 03/24/1999; 09:30 a.m.
As retrograde Jupiter closed in on the VSEA First-Trade Descendant
recently, this stock gapped up, hitting new all-time price highs. That
Jupiter transit is about to come to an end, however, and it will make
room for transiting Saturn to conjoin the First-Trade IC. At the same
time, transiting Chiron is conjoining the VSEA First-Trade Uranus, so
there's a strong possibility of some inconvenient surprises for this
stock. Our plan is to wait until late in the trading week and then sell
VSEA short, with an initial buy stop set at 71.25.
*****
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