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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
An Accurate Forecast
Canadian Celebration
Cops and Art
War Birds
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: Last week I suggested that all the publicity
surrounding the
publication of Alan Greenspan's new book might "motivate Bernanke to
make a bolder move in cutting interest rates. Slashing rates by 50 basis
points or more would send champagne corks popping on Wall Street right
now, and in a heartbeat Ben Shalom Bernanke could once again be the
center of attention."
As it turned out, that's exactly what happened. The bold move by the Fed
sent stock prices soaring and the dollar plunging, with Ben Shalom
Bernanke explaining that this drastic action was what was needed to head
off a recession in advance. It was definitely a decision that should
have made him the focal point for week, but somehow Alan Greenspan still
managed to steal the limelight. In fact, at least one publication
heralded the rate cut by the Fed as "Bernanke's Greenspan Moment."
A CORRECT HIGH
Forecasting the markets is always a fascinating business to be in, but
it's never quite as challenging as it is when I'm obliged to put myself
on the line in a public forum, exposing my ideas to traders who may not
be quite as forgiving as the regular readers of this publication
generally are. One such occasion occurred on September 7, when I was a
guest on Michael Yorba's Commodity Classics program on the MN1 network.
During the program I said that I expected the S+P 500 to hit at price
top at 1526 on Friday, September 21, because of the Mars/Pluto
opposition that day. I really felt like I was sticking my neck out with
that call, since the S+P was trading considerably below that point when
the interview was aired, with a long way to go in just two weeks of
trading action.
As it turned out last Friday, the S+P closed at 1525.75, which was close
enough to my 1526 target for me to consider the forecast a success.
Whether or not Friday will prove to be a top remains to be seen,
however--needless to say, I'll be watching the price action this week
quite closely.
If you'd like to see an archived copy of my Commodity Classics
interview, you can find it at
http://www.timbost.com/video/TimBost-MN1-Sep07.wmv
on my website. By the
way, the chart featured in that broadcast, showing the price targets for
the S+P, is also in my report on "The Solar Eclipse of September 2007:
Its Impact on the Markets." That monograph is available as pdf download;
you'll find complete information on this new publication and full
ordering details at http://www.timbost.com/publications/books.html
on my
website as well.
LOONIE TUNES
Canadians celebrated on Friday when the loonie, the Canadian dollar,
reached parity with the U.S. greenback for the first time in 31 years,
thanks to the action by the Federal Reserve and the ensuing plunge in
the U.S. dollar's value. Five years ago a loonie would buy only 62 cents
in U.S. currency; the last time it was equal to the U.S. dollar was in
November 1976.
FEAR AND ART
Last Friday brought an interesting astrological contrast: an opposition
of Mars and Pluto as well as an opposition of Venus and Neptune, both
coming on the same day.
These are two very different kinds of astrological energies. Mars and
Pluto speak of fear, confrontation, competition, and hostility, while
Venus and Neptune have to do with creativity, the arts, imagination, and
flights of fancy. It was thus chillingly appropriate to learn that
19-year-old Star Simpson of Hawaii, a student at MIT, was arrested
Friday morning at Logan International Airport in Boston because she was
wearing what she said was work of art.
Simpson was wearing a sweatshirt to which she had attached a circuit
board with wires, batteries, and flashing lights, along with some
Play-Doh and a couple of hand-painted slogans: "Socket To Me" and
"Course VI" (a reference to the MIT engineering program in which she is
enrolled). She was wearing her artistic creation when she came to the
airport to meet a friend arriving from Los Angeles, but apparently
airport security authorities felt that she was actually simulating a
bomb threat. So Simpson was charged with disturbing the peace and
possessing a hoax device. She was arraigned at East Boston District
Court Friday afternoon and ordered held on $750 bail. The judge also
ordered her to stay away from Logan Airport.
"I'm shocked and appalled that somebody would wear this type of device
to an airport," said State Police Major Scott Pare, the commanding
officer at the airport. He added that Star Simpson was "extremely lucky
she followed the instructions or deadly force would have been used.
She's lucky to be in a cell as opposed to the morgue."
Obviously the airport police had no idea about the astrological factors
at work that day, or at least they are much more used to seeing the
world through Mars/Pluto glasses instead of Venus/Neptune spectacles.
MORE PLANETARY CONFUSION
While these planetary factors were hard at work in the Boston art and
engineering world, they were also coming dangerously close to triggering
a crisis in the Middle East. Israeli fighter pilots were scrambled on
Friday morning after Israel thought it had detected enemy warplanes
coming in from Syria to attack the country. But as it turned out, what
the Israeli radar was really tracking was a flock of migratory birds.
The Venus/Neptune powers of imagination got the best of the situation
and very nearly triggered a real Mars/Pluto escalation of the current
tensions between the two countries.
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
The economic reports to follow this week include Consumer Confidence,
Existing Home Sales, ICSC-UBS Store Sales, MBA Purchase Applications,
the EIA Petroleum Status Report, the EIA Natural Gas Report, Durable
Goods Orders, Corporate Profits, GDP, Help Wanted Index, New Home Sales,
Farm Prices, Personal Income and Outlays, NAPM-Chicago, Consumer
Sentiment, Construction Spending, Jobless Claims, and the Money Supply.
On Tuesday Philadelphia Federal Reserve Bank President Charles Plosser
will be in Mount Laurel, New Jersey, to talk with the New Jersey
Technology Council about "Productivity and the Economy." On Wednesday
small business owners in St. Louis, Missouri will hear from St. Louis
Federal Reserve Bank President William Poole, who will also be in New
York on Friday to talk about "Thinking Like a Central Banker." Also on
Friday, Atlanta Federal Reserve Bank President Dennis Lockhart will be
speaking in Murfreesboro, Tennessee about monetary policy and the U.S.
economic outlook and San Francisco Federal Reserve Bank President Janet
Yellen will be in Boston, Massachusetts, to discuss behavioral economics.
ASTROLOGICAL DYNAMICS
The week gets underway with a cluster of astrological dynamics that are
likely to add to the selling pressure in equities. The stage is set on
Sunday with the Fall Equinox, Mercury conjunct Apollon, Mercury in a
waxing square to Vulcanus, and Mars conjunct Hades, all of which are
likely to trigger price declines. The heliocentric waxing Venus/Jupiter
trine just after midnight on Monday offers some positive price
potential, but it is overshadowed by three negative indicators that day:
Mercury in a waning sextile to Pluto, the Sun in a waning quintile to
Jupiter, and heliocentric Venus in a waning square to heliocentric
Vulcanus.
On Tuesday the heliocentric Venus/Apollon opposition in the wee hours of
the morning creates some positive expectations which may influence the
trading action near the opening bell, but once again a group of aspects
bring a lot of bearish sentiment into play: geocentric Mercury in a
waxing trine to Hades, heliocentric Mercury in a waning sesquiquadrate
to Admetos, and heliocentric Mercury in a waxing square to Zeus.
Wednesday brings the potential for a shift in market sentiment back to
the upside, with a waxing Mercury/Mars trine, a waxing heliocentric
Venus/Pluto trine, and the Full Moon. Even so, there's a waning
heliocentric Earth/Kronos square just after the closing bell, so there's
some potential here for weakening prices near the close. It's also worth
noting that the trading day begins under a void-of-course Moon; that
will be enough to keep me away from the market action during the first
hour of the trading day.
By the time we get to Thursday the astrological factors at work are
unanimously bullish, including Mercury's entry into Scorpio, the
heliocentric ingress of Venus into Taurus, the waxing Sun/Kronos square,
the waxing sesquiquadrate of heliocentric Mercury to heliocentric
Saturn, and the waning trine of heliocentric Venus to heliocentric
Saturn. That positive energy is likely to carry over into Friday,
supported by the waning heliocentric trine of Mercury to Mars and the
waxing heliocentric sextile of Mars to Uranus. However, the Hades
retrograde station which starts the day and the ingress of Mars into
Cancer which ends it are both bearish indicators for equities prices, so
I'm looking for a fairly moderate move upward. There's also another
lunar void that begins the trading day on Friday, so the market action
as the day gets underway will need to be taken with a grain of salt.
On balance, then, I'm expecting lower stock prices, especially in blue
chips, as the trading week begins, with the possibility of a shift in
sentiment on Wednesday followed by some extremely bullish action on
Thursday that moderates a bit as the week comes to a close. As always,
one of the most difficult factors to judge from an astrological
perspective is the amplitude of a potential move, so it's certainly
possible that we will see bullish expectations take over fairly sharply.
If that's the case, we will need to keep an eye on the Mars/Pluto
resistance zone at 1526 in the S+P; if that gets taken out on increasing
trading volume, we could see a much broader and sustained rally than I'm
currently anticipating. If that resistance holds, we will need to be
girding ourselves for much lower prices to come in future weeks.
Throughout this trading week I will be tracking heliocentric
fifth-harmonic planetary lines (H,72,N,-2) for the Earth, Mercury, Mars,
Uranus, Apollon, Zeus, and Poseidon, 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 move toward the Full Moon, we can become completely clear about
who we really are and why we are really here. As we do so, we can
experience greater wholeness, greater dynamism, and a greater and more
loving resonance with others. By actively following this path, we can
not only reach new heights of creative fulfillment; we can also set a
higher standard for our future goals and accomplishments.
"It's the repetition of affirmations that leads to belief. And once that
belief becomes a deep conviction, things begin to happen." --Muhammad Ali
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 run-up in U.S. stocks fueled enthusiasm in markets around the world
last week, with European and U.S. small cap issues posting some of the
most significant gains. With the euro coming on strong versus the
dollar, the advances in European equity issues were not too surprising.
Except for Hong Kong, however, the gains in Pacific stocks were a bit
more modest.
Dow Jones Industrial Average -- up 2.81%
Dow Jones Transportation Average -- up 0.64%
Dow Jones Utilities Average -- up 2.16%
S+P 500 -- up 2.80%
NASDAQ Composite Index -- up 2.65%
Russell 2000 -- up 3.78%
London FTSE-100 -- up 2.66%
Paris CAC-40 -- up 2.92%
Frankfurt DAX -- up 3.96%
Sydney All Ordinaries -- up 0.88%
Tokyo Nikkei Index -- up 1.15%
Hong Kong Hang Seng Index -- up 3.80%
Singapore Straits Times Index -- up 0.16%
*****
U.S. EQUITY TRENDS
The aggressive upward moves throughout the U.S. equities markets last
week activated all of our short-term bullish triggers, but we
nevertheless remain somewhat cautious at this time because the technical
signals aren't getting all the astrological confirmation we would like
to see. Our short-term trend assumptions are thus bullish, with a
solidly bullish outlook for the long term and somewhat mixed signals for
intermediate-term positions.
The Russell 2000 broke out of its four-week trading range to close at
813.11 on September 21. Along the way, the Russell activated our
short-term bullish trigger on September 19. With this September 19
short-term buy signal in place, we will need a daily close below 759 in
this index to reactivate short-term bearishness. However, the Russell
currently 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.
As we have noted in the past, our astrological models have forecast an
upward trend for the S+P 500 heading into September 21. That has
certainly played out, with this index hitting a short-term buy signal on
September 18. While this index may have already hit a top with last
Friday's close, a daily close below 1406 will be required to trigger a
reverse short-term indicator back to the sell side. We also have an
August 18, 2006 S+P 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.
The NASDAQ Composite is now on a September 18 short-term buy signal,
with a daily close below 2499 needed to reverse our technical trend
assumptions back to the sell side. We are also currently on an October
13 intermediate-term buy signal and an October 13 long-term buy signal.
A daily close below 2331 will flip our intermediate-term indicator back
to the sell side, with 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 Bearish; Short-Term
Bullish
*****
METAL MARKETS
GOLD -- Gold has continued to show surprising strength, with an extra
boost during the past week as the Fed announcement knocked the props out
from under the US dollar. The long-term outlook for Gold remains solidly
bullish at this point, but I expect to see a modest price pull-back
during the next couple of weeks, with the rally resuming in full force
by mid-October at the latest.
SILVER -- Silver came through with the aggressive move to the upside
that I had anticipated for last week, but the Full Moon on September 26
is likely to trigger a retracement for this metal. The longer-term
outlook for Silver continues to remain quite positive, with strong
bullishness in this metal very much in evidence by the middle of October.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED DURING THE PREVIOUS WEEK: SYK, TEX, BRCM, CTV.
We closed four trades during the previous week, with three winners and
one loser bringing us a net loss of $169.00.
We sold 200 shares of Stryker Corporation (SYK) at 67.85 on 09/17/07,
taking a profit of $132.00 (a 0.98% gain in 5 trading days).
We bought to cover 100 shares of Terex Corporation (TEX) on 09/17/07,
taking a profit of $14.00 (a 0.18% gain in 4 trading days).
We bought to cover 300 shares of Broadcom Corporation Class A (BRCM) at
35.88 on 09/18/07, taking a loss of $333.00 (a 3.19% loss in 6 trading
days).
We bought to cover 200 shares of CommScope Inc. (CTV) at 55.15 on
09/19/07, taking a profit of $18.00 (a 0.16% gain in 7 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING
THE PREVIOUS WEEK: SU, AKS, DVA.
We added two long positions and one short position to the Model
Portfolio last week.
We sold short 100 shares of Suncor Energy Inc. (SU) at 96.20 on
09/17/07, with an initial buy stop set at 99.50.
We bought 300 shares of AK Steel Holding Corporation (AKS) at 39.81 on
09/18/07, with an initial stop set at 37.15.
We bought 200 shares of Davita Inc. (DVA) at 60.82 on 09/20/07, with an
initial stop set at 58.35.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 114 completed trades, with 48
winners and 66 losers bringing us a total net profit of $1,354.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $427.23; the largest single-trade loss has been $1,224.00,
with our losers averaging $307.42. The overall average profit per trade
has been $11.88, and the mean duration of our trades has been 9.9
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
AK Steel Holding Corporation (AKS) -- bought 300 shares at 39.81 on
09/18/07; currently 42.98. Raise stop to 41.25.
Autodesk Inc. (ADSK) -- bought 200 shares at 45.12 on 09/07/07;
currently 48.72. Raise stop to 47.55.
Copart Inc. (CPRT) -- bought 9 January 2008 $30 calls at 2.25 on
08/20/07; currently 2.10. Hold.
Davita Inc. (DVA) -- bought 200 shares at 60.82 on 09/20/07; currently
61.61. Raise stop to 60.35.
General Electric Company (GE) -- bought 6 December 2007 $40 calls at
1.50 on 07/10/07; currently 2.65. Hold.
Phillips-Van Heusen (PVH) -- bought 200 shares at 52.48 on 09/14/07;
currently 53.08. Raise stop to 52.70.
Randgold Resources Ltd. ADS (GOLD) -- bought 400 shares at 23.59 on
08/14/07; currently 30.50. Raise stop to 28.95 on a close-only basis.
Suncor Energy Inc. (SU) -- sold short 100 shares at 96.20 on 09/17/07;
currently 95.92. Lower buy stop to 96.96.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Metal Fabricators; Silver; Nonmetallic Mineral Mining; Copper;
Housewares and Accessories.
WEAKEST MARKET SECTORS LAST WEEK:
Sporting Goods; Long Distance Carriers; Toy and Hobby Stores;
Manufactured Housing; Processing Systems and Products.
*****
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 23
Mercury quincunx Admetos 00:22 EDT
Heliocentric Mars quincunx Heliocentric Cupido 01:27 EDT
Moon crossing Universal Clock 24 Line 01:46 EDT
Mercury conjunct Apollon 03:01 EDT
Fall Equinox -- Sun enters Libra 05:51 EDT
Mercury square Vulcanus 06:43 EDT
Mercury conjunct 08/28/07 Lunar Eclipse antiscion 07:39 EDT
Heliocentric Mercury opposition Heliocentric Kronos 09:50 EDT
Mercury contraparallel Saturn 10:55 EDT
Mercury in 24th Harmonic to Zeus 12:30 EDT
Mars conjunct Hades 14:09 EDT
Sun quintile Cupido 18:23 EDT
Heliocentric Mercury quintile Heliocentric Uranus 22:12 EDT
Sun opposition 09/22/06 Solar Eclipse antiscion 22:36 EDT
September 24
Heliocentric Venus trine Heliocentric Jupiter 00:43 EDT
Void-of-Course Moon 05:14-08:55 EDT
Heliocentric Mercury semisquare Heliocentric Neptune 06:52 EDT
Mercury sextile Pluto 06:58 EDT
Heliocentric Venus semisextile Heliocentric Admetos 08:18 EDT
Heliocentric Venus square Heliocentric Vulcanus 12:40 EDT
Sun quintile Jupiter 15:17 EDT
Mars square 03/18/07 Solar Eclipse point 18:34 EDT
Moon crossing Universal Clock 24 Line 19:00 EDT
Heliocentric Mercury quintile Heliocentric Apollon 19:21 EDT
True Lunar Node retrograde station 20:01 EDT
Heliocentric Mercury sextile Heliocentric Poseidon 22:13 EDT
Heliocentric Earth biquintile Heliocentric Poseidon 23:26 EDT
September 25
Heliocentric Venus opposition Heliocentric Apollon 01:17 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Uranus 03:45 EDT
Sun conjunct 03/18/07 Solar Eclipse antiscion 04:26 EDT
Mercury semisquare Cupido 07:04 EDT
Mercury trine Hades 07:07 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Jupiter 07:43 EDT
Heliocentric Venus quintile Heliocentric Chiron 08:08 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Admetos 11:07 EDT
Heliocentric Venus sextile Heliocentric Hades 17:01 EDT
Mercury opposition 02/21/08 Lunar Eclipse antiscion 19:39 EDT
Heliocentric Mercury square Heliocentric Zeus 23:02 EDT
September 26
Sun semisextile Saturn 05:00 EDT
Mercury semisquare Jupiter 05:40 EDT
Void-of-Course Moon 08:31-10:21 EDT
Moon crossing Universal Clock 24 Line 10:21 EDT
Mercury trine Mars 13:55 EDT
Full Moon 15:45 EDT
Heliocentric Earth square Heliocentric Kronos 17:28 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Pluto 20:24 EDT
Heliocentric Venus trine Heliocentric Pluto 20:31 EDT
September 27
Heliocentric Mercury semisextile Heliocentric Chiron 01:23 EDT
Heliocentric Mercury semisextile Heliocentric Cupido 01:36 EDT
Heliocentric Venus sesquiquadrate Heliocentric Cupido 06:00 EDT
Mars square 09/22/06 Solar Eclipse point 08:22 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Saturn 09:38 EDT
Mercury enters Scorpio 13:18 EDT
Sun square Kronos 15:10 EDT
Mercury parallel Poseidon 15:54 EDT
Heliocentric Venus trine Heliocentric Saturn 20:54 EDT
Sun sesquiquadrate Neptune 21:24 EDT
Heliocentric Venus enters Taurus 23:04 EDT
September 28
Heliocentric Mercury trine Heliocentric Mars 00:29 EDT
Heliocentric Mars biquintile Heliocentric Zeus 00:38 EDT
Moon crossing Universal Clock 24 Line 00:43 EDT
Heliocentric Mercury sextile Heliocentric Uranus 02:28 EDT
Hades retrograde station 08:22 EDT
Void-of-Course Moon 09:58-10:16 EDT
Heliocentric Mars sextile Heliocentric Uranus 11:02 EDT
Mercury sesquiquadrate Uranus 11:55 EDT
Mars enters Cancer 19:56 EDT
September 29
Sun opposition 03/14/06 Lunar Eclipse antiscion 00:39 EDT
Heliocentric Mercury quintile Heliocentric Poseidon 01:03 EDT
Heliocentric Venus semisquare Heliocentric Uranus 03:49 EDT
Heliocentric Earth biquintile Heliocentric Saturn 06:30 EDT
Heliocentric Earth semisquare Heliocentric Neptune 06:34 EDT
Heliocentric Chiron sextile Heliocentric Cupido 08:16 EDT
Heliocentric Mercury semisextile Heliocentric Neptune 10:45 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Mars 12:46 EDT
Moon crossing Universal Clock 24 Line 15:05 EDT
Venus crossing Universal Clock 24 Line 16:15 EDT
Heliocentric Venus quintile Heliocentric Neptune 18:47 EDT
September 30
Void-of-Course Moon 01:10-10:34 EDT
Heliocentric Venus sextile Heliocentric Kronos 02:22 EDT
Sun quincunx True Lunar Node 02:54 EDT
Mars square 09/22/06 Solar Eclipse antiscion 08:08 EDT
Heliocentric Jupiter quincunx Heliocentric Admetos 10:03 EDT
Heliocentric Mercury biquintile Heliocentric Saturn 10:47 EDT
Mercury parallel Neptune 12:55 EDT
Heliocentric Mercury trine Heliocentric Admetos 13:02 EDT
Heliocentric Mercury semisextile Heliocentric Jupiter 13:07 EDT
Sun quintile Vulcanus 14:52 EDT
Heliocentric Mercury opposition Heliocentric Vulcanus 15:18 EDT
Sun semisextile Poseidon 17:56 EDT
Heliocentric Mars biquintile Heliocentric Jupiter 21:18 EDT
Heliocentric Mercury square Heliocentric Apollon 21:50 EDT
Venus square Admetos 22:25 EDT
Heliocentric Earth quintile Heliocentric Mercury 23:32 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: AGN, CLB, TKR.
Allergan Inc. (AGN)
NYSE; optionable
First Trade Date: 07/27/1989; 09:30 a.m.
AGN started moving up steadily after transiting Uranus connected with
its First-Trade Descendant at the end of August, but as transiting Zeus
formed a square to First-Trade Neptune it began to consolidate into a
trading range. With transiting Jupiter getting ready to conjoin the AGN
First-Trade IC on October 5, we can expect a breakout to the upside of
that channel; but with transiting Saturn conjoining First-Trade Venus
two days later, it's reasonable to expect prices to go south from there.
AGN thus looks like a good candidate for a short sale; we will add a
short position to the Model Portfolio towards the end of this trading
week, with an initial buy stop set at 66.25.
Core Laboratories N.V. (CLB)
NYSE; optionable
First Trade Date: 07/10/1998; 9:30 a.m.
With transiting Saturn forming a semisquare to the CLB First-Trade Sun,
we may see a little bit of a price pull-back for this stock this week,
especially since Saturn is also on its way to a conjunction with the CLB
First-Trade Ascendant. That would provide a good buying opportunity for
this stock, which has seen considerable price appreciation in the last
five or six weeks. With transiting Jupiter coming along to form
oppositions to First-Trade Hades and First-Trade Venus, our plan is to
add a long position in CLB to the Model Portfolio toward the end of the
trading week, with an initial stop set at 115.00.
Timken Company (TKR)
NYSE; optionable
First Trade Date: 09/26/1922; 10:00 a.m.
Transiting Saturn is currently conjoining the TKR First-Trade Apollon as
it moves toward a conjunction with the First-Trade Midheaven on October
3. This is thus an ideal time to open a long position in this stock,
especially since it has just pulled back a bit from its sensitive
resistance zone at 36.00. The potential for a breakout to even higher
prices ahead is reinforced by transiting Jupiter conjoining the TKR
First-Trade Moon in the coming weeks, so we will be adding a long
position to the Model Portfolio at the start of this trading week, with
our initial stop set at 32.25.
*****
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