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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
Fed Folly
Bend It like Bernanke
Stocks for 2008
Behind in the Bills
Cycles in Vienna
Garcia Later, Jerry!
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: In last week's issue I said we could
expect some "turmoil in
the markets in the trading days nearest the eclipse" on Tuesday. Turmoil
is what we got--to the tune of a 208-point plunge in the Dow on Tuesday,
immediately followed by a 247-point rally on Wednesday. It was a
tumultuous week to say the least, but it ended up as basically a wash,
with U.S. stocks finishing up on Friday at just about the same levels
where they began the week.
HAIR OF THE DOG FOR DR. BEN?
Ben Shalom Bernanke has a long way to go if he ever hopes to achieve the
celebrity status as Federal Reserve Chairman that Alan Greenspan
enjoyed, but apparently that's not stopping him from giving serious
thought to emulating the Maestro's moves in market manipulation.
Of course any action right now toward lowering interest rates would be
wildly popular with the markets, at least for a day or two. And if a
rate cut came along hot on the heels of President Bush's push to get
Congress to provide debt relief for the Americans who bought speculative
real estate at the market top and paid for it with funny-money
financing, then Dr. Ben could start to look like a real hero in front of
a much bigger audience.
The only problem is, it's a lousy idea. Policies favoring easy money and
Wizard of Oz lending practices are a big part of what got us into the
current financial mess in the first place. I may be missing something
here, but on the surface it seems to me that the way to solve problems
created by low interest rates and loans that borrowers don't expect to
pay back is not by lowering interest rates and telling borrowers that
they don't have to worry about their outstanding debts. While biting the
bullet and facing up to harsh economic realities may not be a very
popular activity, it could be the best policy for the long-term health
of the economy and the markets alike.
BENDING THE BANKING RULES
But of course it's certainly not realistic to expect economic policy to
make any sense, especially where the Fed is concerned. Otherwise, why
did the Fed agree last week to bend key banking regulations so help bail
out Bank of America and Citigroup?
Those regulations supposedly limit a bank's funding exposure to a
brokerage subsidiary to just 10 percent of the bank's capital, but Bank
of America and Citigroup are now exempt from the regulation. Thanks to a
wink and a nod from the Fed, they can now each lend up to $25 billion,
which in the case of Citigroup, would represent about 30 percent of the
bank's total regulatory capital.
STOCKS THAT OUTPERFORM
Last week I suggested that stocks in the "repair services, alcoholic
beverages, rental services, cosmetics, gaming and casinos, pets and
pet-related products, and direct sales" sectors will be worth looking at
during the coming months, especially if the trend toward recession
continues. You can get more details on upcoming investment ideas when
Grace Morris presents her annual workshop on "Pick the Winning Stocks
for 2008:" at the Hotel Inter-Continental in Chicago next Saturday,
September 8. It will include an assortment of tools and tips for picking
the best stocks for the coming year, plus notes on real estate, the
economy, interest rates, and more. It's $440 at the door; for more
details go to www.astroeconomics.com.
DEEPER IN DEBT
If you've gotten a bit behind on your credit card payments lately,
you're not alone. According to a recent report from Moody's Investors
Service, credit card delinquencies were up 3.8% during the first five
months of this year. During the same period, credit card companies wrote
off 4.6% of the money owed them as uncollectible debt, which represented
a 30% jump in uncollectibles compare to the same period last year.
PREDICTIVE ANALYTICS CONFERENCE
Noted market astrologer Bill Meridian will be among the featured
speakers at a conference on Predictive Analytics: Cycles and Patterns in
Business and Finance, November 8 and 9 at the Park Hotel Schoenbrunn in
Vienna. Co-sponsored by the Foundation for the Study of Cycles and the
Kenos Circle, the event will also feature Richard Mogey, former
Executive Director of the Foundation for the Study of Cycles; Dr.
Theodore Modis, author of Conquering Uncertainty; and Dr. John Casti,
founder of the Kenos Circle and author of Paradigms Lost. The
registration deadline is September 15. For more information on this
event, contact Angleika Voetsch-Rosenauer at +43-1-317-3500 or
igelak@gmx.at.
DEAD AIR
Sirius Radio has announced plans to launch a Grateful Dead Channel at
noon EDT on Friday, September 7. The broadcast will begin with a
historic recording of the Grateful Dead's performance at the Hollywood
Bowl in 1974. As well as plenty of music from the band, the satellite
channel will feature shows hosted by founding Grateful Dead members Phil
Lesh, Mickey Hart, Bob Weir, and Bill Kreutzmann, as well as unreleased
performances by the band and recorded interviews with the late Jerry
Garcia from the band's archives. While the new programming may attract a
strong following, it's also likely to have a somewhat melancholy tone,
given the fact that it will launch with Mars at 19 degrees Gemini and
Neptune at 19 degrees Aquarius forming a Grand Trine with Jerry Garcia's
Ascendant at 19 degrees Libra.
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 ECONOMIC CALENDAR
Even though the week starts with a holiday, it will bring its share of
economic news. The reports we will be watching this week include
Construction Spending, the ISM Manufacturing Index, Motor Vehicle Sales,
ICSC-UBS Store Sales, MBA Purchase Applications, the EIA Petroleum
Status Report, the EIA Natural Gas Report, the Challenger Job-Cut
Report, ADP Employment Report, Pending Home Sales, the Fed Beige Book,
Monster Employment Index, Productivity and Costs, the ISM
Non-Manufacturing Survey, Chain Store Sales, Employment Situation,
Wholesale Trade, Jobless Claims, and the Money Supply.
On Wednesday the Bank of Canada will make its interest rate
announcement, followed by announcements on Thursday from the Bank of
England and the European Central Bank. Wednesday will also bring the
start of hearings by the U.S. House of Representatives Financial
Services Committee on the recent crash in the credit and mortgage
markets and their implications for both U.S. consumers and the economy
around the globe. On Thursday the Federal Reserve Bank will be working
overtime to keep markets balanced, at least as far as speech-making is
concerned. St. Louis Federal Reserve Bank President William Poole will
be in London to talk at the European Economics and Financial Centre
conference; San Francisco Federal Reserve Bank President Janet Yellen
will talk at the opening of a conference on Asian banking held in San
Francisco; Federal Reserve Governor Randall Kroszner will be discussing
the financial crisis at the same conference via video hookup; Atlanta
Federal Reserve Bank President Dennis Lockhart will be speaking about
the economy in Atlanta; and Dallas Federal Reserve Bank President
Richard Fisher will be speaking in Las Cruces, New Mexico.
With that much hot air coming just hours before a void-of-course Moon,
market uncertainty is sure to be the order of the day!
ASTROLOGICAL DYNAMICS
Even though it begins with the markets closed for a holiday, the
shortened trading week ahead of us could easily be one of the most
memorable--and most exhilarating--periods that the markets have seen in
quite some time.
While the markets are closed for Labor Day, right at the halfway point
between the lunar and solar eclipses, we will get a waxing Mars/Uranus
square. This is an extremely powerful planetary aspect, one which
consistently triggers strong market reversals, most often with a sharp
price decline for a couple of weeks prior to the aspect and an equally
sharp rally just afterwards. In combination with the Sun's application
to a T-square pattern with Jupiter and Uranus, this Mars/Uranus square
could be the trigger for one of the biggest market moves in recent memory.
The bullish atmosphere set on Monday gets some substantial reinforcement
from the waning Mercury/Pluto square, the waxing Mercury /Hades square,
and the waning Sun/Jupiter square on the same day, as well as from the
waxing Venus/Uranus quincunx on Tuesday morning. During the course of
the day on Tuesday, Mercury also triggers the two previous solar
eclipses, adding some extra volatility to the trading action.
The dominant astrological force at work on Wednesday is the waning
heliocentric Mercury/Chiron square, which should keep the ball rolling
with some additional upward pressure on the markets, augmented by the
waning Sun/Cupido square, which is also likely to help bring the market up.
With so much positive energy at play during the week's first couple of
trading sessions, I'm looking for some profit taking on Thursday, helped
along by the waning Mars/Saturn quintile that morning. This aspect has
the potential to trigger a very sharp short-term reversal to the
downside, so we can be alert to possibilities for short sales. There's a
void-of-course Moon that gets underway early Thursday afternoon, so some
extra caution is called for, if not complete abstention from active
trading for the remainder of the trading day.
That void-of-course Moon continues through Friday morning, so it will be
best to watch the markets from the sidelines for a few hours without
jumping to conclusions. Friday also brings a Pluto direct station,
followed by a Venus direct station at midday on Saturday. Taken
separately, these two planetary stations are typically followed by
modest increases in stock prices. When they come this close together,
however, I expect to see a surprisingly volatile interaction.
This energetic combination may play out primarily in turbulent events
outside of the markets, such as hurricanes or other natural disasters,
increased geopolitical tensions or acts of aggression, political
assassinations, big accidents, terrorist attacks, or other disruptive
events. Any of these scenarios could trigger notably more speculative
and volatile market conditions; but whether they will fan the flames of
a big rally or whether they will reverse the trading action sharply to
the downside remains to be seen. Either way, there are profits to be
made, but all trading activity will require exceptionably high levels of
caution and attentiveness.
.
Throughout this trading week I will be tracking geoocentric
fourth-harmonic planetary lines (G,90,N,-2) for the Sun, Mercury, Venus,
Mars, Jupiter, Uranus, 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 and a wonderful holiday!
*****
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.
Although we are currently faced with challenging tensions both
personally and globally, we have an opportunity now to define more
clearly who we are and to get in touch with what will give our spiritual
values their fullest and most rewarding expression. While it is still
difficult to open up to intuitive insights now, we can remember there is
always a place for love in our hearts as we understand new ways to
express our spiritual power more appropriately, using it to define our
vision for enlightenment and refined expression more sharply as we work
to bring our ideals into material form.
"There is only one happiness in this life, to love and be loved." --
George Sand
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
While issues in the U.S. put a huge amount of energy into treading
water, stocks in the Pacific continued their recovery efforts, with Hong
Kong once again leading the way. European issues also continued their
advances, but in all cases the momentum has slowed down considerably.
Dow Jones Industrial Average -- down 0.16%
Dow Jones Transportation Average -- down 0.76%
Dow Jones Utilities Average -- down 2.81%
S+P 500 -- down 0.36%
NASDAQ Composite Index -- up 0.76%
Russell 2000 -- down 0.76%
London FTSE-100 -- up 1.34%
Paris CAC-40 -- up 1.68%
Frankfurt DAX -- up 1.74%
Sydney All Ordinaries -- up 2.65%
Tokyo Nikkei Index -- up 1.97%
Hong Kong Hang Seng Index -- up 4.63%
Singapore Straits Times Index -- up 0.15%
*****
U.S. EQUITY TRENDS
The losses in U.S. stocks were fairly moderate last week, confirming our
short-term negative expectations and leaving all of our trend
assumptions intact. The longer-term picture remains solidly bullish at
this point, but short-term and intermediate terms circumstances continue
to suggest that extreme caution is advisable for trading in those time
frames.
The Russell 2000 is on a July 24 short-term sell signal, with a daily
close above 810 now needed to reactivate short-term bullishness. The
Russell also remains on an August 3 intermediate-term sell signal, with
a daily close above 851 required to flip this intermediate-term
indicator back to the buy side. From the long-term perspective, the
Russell remains on a November 14, 2006 buy signal, with a daily close
below 668 needed to move our long-term indicator for the Russell to the
sell side.
With the S+P 500 we have now have a July 26 short-term sell signal in
place, with a daily close above 1506 needed to trigger a reverse
indicator back to the buy side. We still have an August 18, 2006 buy
signal in place for the intermediate term, conforming to our long-term
trend assumptions. A close for the S+P below 1219 will signal a
long-term bearish trend, with a close below 1364 turning our
intermediate-term indicator bearish.
For the NASDAQ Composite we are on a July 31 short-term sell signal, an
October 13 intermediate-term buy signal, and an October 13 long-term buy
signal. A daily close above 2632 will flip our short-term indicator back
to the buy 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 Bearish
NASDAQ -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bearish
RUSSELL 2000 -- Long-Term Bullish; Intermediate-Term Bearish; Short-Term
Bearish
*****
METAL MARKETS
GOLD -- I expect to see Gold prices continue to rise during the next
several weeks. Any pullbacks during this timeframe are definitely worth
considering as buying opportunities. For the long run I remain very
bullish on Gold.
SILVER -- Although I have been expecting more upside action from Silver,
at this point it looks likely that we will see a price pullback for a
several weeks. While this may be a buying opportunity for longer-term
speculators, it is definitely taking place in an atmosphere that demands
a great deal of caution from Silver traders.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED DURING THE PREVIOUS WEEK: WTS.
We closed one trade during the previous week, with one winner bringing
us a net profit of $28.00.
We bought to cover 400 shares of Watts Industries Inc. Class A (WTS) at
35.15 on 08/30/07, taking a profit of $28.00 (a 0.20% gain in 8 trading
days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK:
DECK, FLS, WTS, PETM.
We added two long positions and two short positions to the Model
Portfolio last week.
We sold short 100 shares of Deckers Outdoor Corporation (DECK) at 94.63
on 08/27/07, with an initial buy stop set at 102.25.
We sold short 200 shares of Flowserve Corporation (FLS) at 71.00 on
08/27/07, with an initial buy stop set at 74.25.
We bought 400 shares of Watts Industries Inc. Class A (WTS) at 35.15 on
08/30/07, with an initial stop set at 33.00.
We bought 400 shares of PetSmart Inc. (PETM) at 34.40 on 08/31/07, with
an initial stop set at 31.75.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 104 completed trades, with 44
winners and 60 losers bringing us a total net profit of $2,551.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $451.77; the largest single-trade loss has been $1,224.00,
with our losers averaging $307.73. The overall average profit per trade
has been $24.53, and the mean duration of our trades has been 10.2
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
Copart Inc. (CPRT) -- bought 9 January 2008 $30 calls at 2.25 on
08/20/07; currently 2.10. Hold.
Deckers Outdoor Corporation (DECK) -- sold short 100 shares at 94.63 on
08/27/07; currently 94.19. Lower buy stop to 96.65.
Flowserve Corporation (FLS) -- sold short 200 shares at 71.00 on
08/27/07; currently 71.41. Lower buy stop to 72.30.
General Electric Company (GE) -- bought 6 December 2007 $40 calls at
1.50 on 07/10/07; currently 1.43. Hold.
Noble Corporation (NE) -- bought 100 shares at 93.75 on 08/17/07;
currently 200 split shares at 49.06. Raise stop to 48.75.
PetSmart Inc. (PETM) -- bought 400 shares at 34.40 on 08/31/07;
currently 34.70. Raise stop to 33.42.
Randgold Resources Ltd. ADS (GOLD) -- bought 400 shares at 23.59 on
08/14/07; currently 23.95. Raise stop to 23.12 on a close-only basis.
Watts Industries Inc. Class A (WTS) -- bought 400 shares at 35.15 on
08/20/07; currently 35.42. Raise stop to 34.30.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Home Improvement Stores; Aluminum; Major Airlines; Brewers; Diversified
Computer Systems.
WEAKEST MARKET SECTORS LAST WEEK:
Toys and Hobby Stores; Residential Construction; Surety and Title
Insurance; Mortgage Investments; National Investment Brokerages.
*****
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 for longer-term trades 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.
September 2
Mercury semisextile Apollon 02:04 EDT
Sun quintile Hades 02:19 EDT
Heliocentric Earth sesquiquadrate Heliocentric Vulcanus 03:54 EDT
Mercury trine Admetos 05:18 EDT
Mercury sextile Vulcanus 06:04 EDT
Heliocentric Mercury trine Heliocentric Kronos 07:08 EDT
Moon crossing Universal Clock 24 Line 07:22 EDT
Mercury in 24th Harmonic to Zeus 07:32 EDT
Saturn enters Virgo 09:48 EDT
Sun semisquare Apollon 10:03 EDT
Heliocentric Venus biquintile Heliocentric Apollon 10:04 EDT
Sun semisquare Vulcanus 16:56 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Venus 18:53 EDT
Heliocentric Earth quintile Heliocentric Pluto 18:55 EDT
Sun semisextile Zeus 19:32 EDT
Void-of-Course Moon begins 20:47 EDT
Mercury biquintile Neptune 21:57 EDT
September 3
U.S. Markets closed for Labor Day holiday
Heliocentric Earth sesquiquadrate Heliocentric Apollon 00:36 EDT
Mercury square Pluto 01:05 EDT
Void-of-Course Moon ends 03:30 EDT
Mercury sesquiquadrate Chiron 05:11 EDT
Heliocentric Venus semisextile Heliocentric Neptune 07:45 EDT
Heliocentric Earth quincunx Heliocentric Zeus 07:47 EDT
Heliocentric Mercury semisquare Heliocentric Jupiter 11:35 EDT
Mars square Uranus 16:09 EDT
Heliocentric Mercury conjunct Heliocentric Poseidon 16:16 EDT
Mercury square Hades 17:41 EDT
Venus sextile Mars 19:45 EDT
Sun square Jupiter 20:04 EDT
Heliocentric Mars quintile Heliocentric Neptune 20:54 EDT
True Lunar Node direct station 21:24 EDT
Moon crossing Universal Clock 24 Line 23:55 EDT
September 4
Mercury opposition 03/18/07 Solar Eclipse point 03:35 EDT
Heliocentric Venus square Heliocentric Jupiter 04:30 EDT
Sun quincunx Chiron 06:51 EDT
Venus quincunx Uranus 11:18 EDT
Heliocentric Venus sesquiquadrate Heliocentric Poseidon 12:43 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Apollon 13:06 EDT
Heliocentric Mercury semisextile Heliocentric Zeus 15:25 EDT
Heliocentric Mercury quintile Heliocentric Saturn 18:46 EDT
Mercury quintile Jupiter 19:49 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Hades 21:16 EDT
Mercury conjunct 09/22/06 Solar Eclipse point 21:46 EDT
Heliocentric Mars sextile Heliocentric Kronos 22:01 EDT
Heliocentric Earth quintile Heliocentric Admetos 23:06 EDT
September 5
Sun square Cupido 03:20 EDT
Heliocentric Earth trine Heliocentric Mercury 06:23 EDT
Void-of-Course Moon 07:01-07:08 EDT
Mercury enters Libra 08:03 EDT
Heliocentric Mercury semisquare Heliocentric Pluto 11:17 EDT
Heliocentric Venus sextile Heliocentric Admetos 11:46 EDT
Mercury quintile Cupido 13:36 EDT
Mercury semisextile Saturn 14:05 EDT
Heliocentric Mercury square Heliocentric Chiron 14:32 EDT
Heliocentric Venus trine Heliocentric Vulcanus 16:12 EDT
Heliocentric Mercury semisextile Heliocentric Cupido 16:45 EDT
Moon crossing Universal Clock 24 Line 17:43 EDT
Mercury opposition 09/22/06 Solar Eclipse antiscion 18:24 EDT
Sun conjunct 03/03/07 Lunar Eclipse point 19:25 EDT
September 6
Jupiter in 24th Harmonic to Pluto 03:47 EDT
Heliocentric Venus quincunx Heliocentric Apollon 04:48 EDT
Heliocentric Earth semisextile Heliocentric Chiron 07:53 EDT
Venus contraparallel True Lunar Node 08:09 EDT
Mercury semisquare Venus 09:36 EDT
Mars quintile Saturn 10:01 EDT
Mercury conjunct 03/18/07 Solar Eclipse antiscion 12:57 EDT
Void-of-Course Moon begins 13:04 EDT
Heliocentric Earth square Heliocentric Cupido 14:27 EDT
Heliocentric Mercury trine Heliocentric Uranus 16:12 EDT
Heliocentric Venus square Heliocentric Hades 20:19 EDT
Mars square 09/11/07 Solar Eclipse point 21:58 EDT
September 7
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 06:08 EDT
Jupiter sextile Chiron 08:09 EDT
Pluto direct station 10:55 EDT
Void-of-Course Moon ends 13:00 EDT
Moon crossing Universal Clock 24 Line 13:00 EDT
Mars in 24th Harmonic to Kronos 16:24 EDT
Sun contraparallel Uranus 16:56 EDT
Heliocentric Mercury biquintile Heliocentric Hades 22:30 EDT
Sun opposition 09/07/06 Lunar Eclipse point 22:32 EDT
Mars parallel Hades 22:36 EDT
Heliocentric Venus square Heliocentric Pluto 23:02 EDT
September 8
Mercury square Kronos 00:49 EDT
Heliocentric Mercury square Heliocentric Neptune 02:02 EDT
Heliocentric Venus semisquare Heliocentric Chiron 05:30 EDT
Venus direct station 12:15 EDT
Mercury sesquiquadrate Neptune 12:24 EDT
Mars square 10/03/05 Solar Eclipse antiscion 13:28 EDT
Heliocentric Venus quincunx Heliocentric Saturn 14:52 EDT
Sun in 24th Harmonic to Saturn 15:51 EDT
Heliocentric Mercury semisextile Heliocentric Jupiter 16:14 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 17:49 EDT
Mercury opposition 03/14/06 Lunar Eclipse antiscion 23:39 EDT
September 9
Mars trine Neptune 00:06 EDT
Sun quintile Kronos 02:40 EDT
Heliocentric Venus enters Aries 03:24 EDT
Heliocentric Mercury opposition Heliocentric Admetos 06:38 EDT
Heliocentric Mercury trine Heliocentric Vulcanus 09:05 EDT
Moon crossing Universal Clock 24 Line 09:45 EDT
Sun semisextile Venus 12:17 EDT
Void-of-Course Moon 14:07-21:10 EDT
Heliocentric Earth conjunct Heliocentric Uranus 14:37 EDT
Sun opposition Uranus 14:45 EDT
Heliocentric Mercury semisquare Heliocentric Zeus 18:37 EDT
Pluto semisquare Chiron 21:57 EDT
Mercury quintile Vulcanus 22:09 EDT
Mercury quincunx True Lunar Node 22:41 EDT
Mercury semisextile Poseidon 23:11 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: ADSK, CTV, TEX.
Autodesk, Inc. (ADSK)
NASDAQ; optionable
First Trade Date: 06/28/1985; 10:00 a.m.
Transiting Saturn will be crossing the ADSK First-Trade Ascendant late
this Wednesday evening, potentially pulling the price of this stock down
and setting up a good buying opportunity. At the same time, transiting
Mars is conjoining First-Trade Kronos, with transiting Zeus
sequiquadrate the First-Trade Midheaven and conjunct First-Trade
Apollon. That looks like solid support for a long position, especially
with transiting Jupiter due to conjoin First-Trade Uranus in October.
Our plan is thus to add a long position in ADSK to the Model Portfolio
late in the trading week, with an initial stop set at 40.45.
CommScope Inc. (CTV)
NYSE; optionable
First Trade Date: 07/24/1997; 09:30 a.m.
CTV has an interesting First-Trade horoscope: First-Trade Jupiter forms
a very tight square with First-Trade Admetos. Essentially, that means
that every time this stock steps on the accelerator it simultaneously
hits the brakes, so it's not too surprising to see it characteristically
trade by swinging up and down within fairly well-defined channels.
Currently, with transiting Neptune conjoining First-Trade Jupiter and
square First-Trade Admetos and with transiting Kronos semisquare
First-Trade Admetos and sesquiquadrate First-Trade Jupiter, that
inception chart square is getting a lot of push-pull pressure. However,
with transiting Mercury conjoining First-Trade Zeus this week, there's a
strong possibility that CTV will be getting some positive news, which
could drive the price up. The notion of a short-term price run-up is
reinforced by the Sun's passage over the CTV First-Trade Ascendant and
transiting Uranus' sesquiquadrates to First-Trade Poseidon and the
First-Trade Sun, as well as by transiting Cupido's conjunction with the
First-Trade IC. Cupido will be joined there by transiting Jupiter on
September 15, which should put the icing on the cake as far as a price
run-up is concerned. Later in the month, with transiting Saturn
semisquare First-Trade Mars and square First-Trade Pluto, that positive
price trend is likely to reverse. Our plan, then, is to initiate a long
position in CTV early in this trading week to take advantage of the
short-term positive possibilities. We will set our initial stop at
48.50; when we adjust it after the trade is established we will use a
stop-and-reverse strategy to let the market tell us when to shift to a
short sale.
Terex corporation (TEX)
NYSE; optionable
First Trade Date: 03/19/1991; 09:30 a.m.
Jupiter will be conjoining the TEX First-Trade Descendant on September
15; the last two times that happened, in mid-January and late June, this
stock met with immediate resistance. Prior to September 15, however, we
still have transiting Neptune in a tight square to First-Trade Pluto, so
it's quite possible that TEX will get a good price increase before the
consolidating energy hits. Our plan is to take a position to the short
side with this stock; if TEX trades above 85.00 this week we will
initiate our short trade at that point; otherwise we will open our
position at the start of the following trading week, prior to the Solar
Eclipse. We will set our initial buy stop at 89.25.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
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