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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
Market Horror Movies
Space is the Place
Spanish Distress
The Economy, Stupid
Videos Online
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: The Dow's gone wild! Stocks are up!
The bulls are back! The
economy's great!
What's wrong with this incredibly rosy picture? Not much, except for the
fact that it looks like the setup for an especially grim scene in a
horror movie. The audience knows that something heinous is going to
happen at any moment, but the heroine is completely oblivious to the
danger. As she smiles sweetly and goes about the innocent tasks of
baking a cake and putting flowers in a vase, the tension mounts. The
longer the action plays out, and the more unconcerned she seems, the
greater our dismay as we watch the scene. The action is mesmerizing
simply because we know the grisly pay-off is inevitable.
IS IT REAL OR IS IT WALL STREET?
I've been a dedicated movie fan all my life. I've studied film, made a
few student movies, and have even played small speaking roles in a
couple of independent feature films. I love the smell of popcorn, and
one of my favorite places to be is in a darkened movie theater.
That's why I read with some interest the other a news story which
explained that the producers of The Kite Runner have delayed the release
of the film until they have had a chance at trying to get a couple of
child actors who appear in the production safely out of their native
Afghanistan. It seems the filmmakers fear that their will be reprisals
against the young boys, because too many people in Afghanistan
apparently don't distinguish between what happens on a movie screen and
what takes place in the real world. If something questionable has
happened in a film, they believe that it must have actually taken place,
and feel that the actors should be held personally responsible.
What intrigued me most about this story was not just what it revealed
about the hazards of being an Afghan actor, but how closely this
psychology parallels what's currently going on in the stock market. The
market wants to believe that all the exploding averages and rosy
economic reports are there in real life, but somehow I can't help but
wonder if we're simply watching flickering images on a screen.
U.S. AND RUSSIA PLEDGE SPACE COOPERATION
Tough times create some interesting situations. Half a century ago the
international Space Race heightened Cold War tensions when the Soviets
launched Sputnik. Now something very different is going on. NASA
Administrator Mike Griffin was in Moscow on October 3, where he and
Russian Space Agency head Anatoly Perminov signed an agreement for
cooperation in the scientific exploration of the Moon and Mars. The move
was apparently motivated by increasing financial constraints faced by
the space agencies in both countries. If either country is actually
going to carry out the scientific programs that have been planned,
closer cooperation will be necessary.
Russia's Lunar Exploration Neutron Detector will be flown on NASA's
Lunar Reconnaissance Orbiter (LRO) spacecraft, scheduled to launch a
year from now. Dr. Gordon Chin, project scientist for LRO, said the
Russian instrument won an international competition, naming it as the
best such device for the mission. It will "allow us to be able to
locate, very specifically, potential sites where resources such as water
might exist," Chin said, and help narrow the choices for manned landing
sites in the future.
In addition, Russia will provide its Dynamic Albedo of Neutrons
instrument for NASA's 2009 Mars Science Laboratory mission.
THE PAIN IN SPAIN
With the U.S. residential real estate market in its worst slump since
the 1930s, homebuilders have begun selling newly-built properties for
whatever prices they can get rather than being stuck with unsold
inventory. But the real estate crunch is hardly limited to the U.S.
Things are starting to get dicey in the U.K. as well, and the latest
signs of bursting bubbles is coming from Spain.
The "Independent" in London reports that Caja Mediterrane (CAM), one of
Spain's largest savings banks, started to hoard cash, after Llanera, a
Valencia property developer, went into bankruptcy recently. Llanera had
been unable to make payments on 748 million euros (about $1.05 billion)
in loans from Lehman Brothers and other banks. Apparently fearful of
even larger defaults, CAM reportedly set aside into its reserves the
full 168 million euros (about $235 million) profit it made after selling
its interests in property developer Metovacesa.
Corporate debt in Spain is currently one trillion euros (about $1.4
trillion), which is a sum greater the country's entire gross domestic
product. A third of all the loans Spanish banks currently have
outstanding, about 280 billion euros ($392 billion), are to property and
construction companies. But of the 800,000 new homes in Spain built this
year, one third remain unsold, while new housing starts have virtually
collapsed.
REPUBLICANS TO GET ECONOMIC GRILLING
The debate for Republican candidates for the US presidency that will
focus entirely on economic issues is coming up this week. Sponsored by
CNBC, MSNBC, and the Wall Street Journal, the debate will originate in
Dearborn, Michigan and will be broadcast live on Tuesday, starting at
4:00 p.m. Eastern time, just about an hour and a half after the exact
Jupiter/Uranus square.
According to CNBC President Mark Hoffman, "This will mark the first time
in the 2008 presidential campaign that all declared Republican
candidates will be asked to provide voters with specific plans for the
American economy and American workers in an increasingly global
marketplace."
That focus on economic issues is particularly interesting in the light
of the candidates' recent reports on their third-quarter fundraising.
The Ron Paul campaign, for example, raised $5.08 million during that
time frame. While that's nowhere near the $27 million that Hillary
Clinton raised or even the $7 or so million (on top of $10 million from
others) that Mitt Romney donated to himself from his personal fortune,
it's a substantial amount, even in the bloated world of presidential
politics.
A week before the end of the reporting period, the Paul campaign
challenged its supporters to donate $500,000 by September 30. Instead,
they hit that amount in just three days, so the campaign increased the
challenge to $1 million. That goal, too, was easily met. By the end of
the day on September 30 Paul supporters had donated more than $1.2
million. With that kind of grassroots response, this is definitely a
campaign to be taken seriously.
The Ron Paul campaign reports that it has $5.3 million in hand as the
candidates prepare for actual primaries rather than just debates and
straw polls. John McCain, who is certainly more prominent and who used
to be considered in the top tier of candidates, raised about the same
amount as Ron Paul over the third quarter, but he still has several
million dollars worth of debts. Mike Huckabee, by contrast, raised only
$1 million.
SEE TIM WITH MICHAEL YORBA ON THE WEBSITE
The videos of my two recent appearances as a guest on Michael Yorba's
Commodity Classics show on the MN1 web network are now available for
viewing on my website at www.TimBost.com.
To view these archived
interviews, go to http://www.timbost.com/publications/videogallery.html.
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
With U.S. government offices and the bond markets closed on Monday for
the Columbus Day holiday, there won't be any significant economic news
to follow that day. Later in the week, the economic reports to pay
attention to include the ICSC-UBS Store Sales, MBA Purchase
Applications, Wholesale Trade, Import and Export Prices, International
Trade, the EIA Petroleum Status Report, the EIA Natural Gas Report,
Chain Store Sales, the Producer Priced Index, Retail Sales, Business
Inventories, Consumer Sentiment, Jobless Claims, and the Money Supply.
On Tuesday, right around the exact time of the Jupiter/Uranus square,
the Federal Reserve Open Market Committee will release the minutes of
its September meeting, which should reveal more details about the
thinking that went into the big interest rate cut that pumped a shot of
adrenaline into the stock market last month. Also on Tuesday, a couple
of Fed officials will be taking questions in public forums: St. Louis
Federal Reserve Bank President William Poole will be getting media
attention when he talks to the Industrial Asset Management Council
convention in St. Louis, and San Francisco Federal Reserve Bank
President Janet Yellen will be talking to the Town Hall of California
forum in Los Angeles, where questions from the audience are expected.
Yellen will also be joining Dallas Federal Reserve Bank President
Richard Fisher on Friday to participate in a policy roundtable meeting
in Dallas.
ASTROLOGICAL DYNAMICS
With the waning Jupiter/Uranus square, the New Moon, and Mercury's
retrograde station, this week brings a lot of potential for a market
top. I'm looking for the S+P to turn at about 1569, with a top in the
Dow Industrials in the neighborhood of 14175. Since these planetary
dynamics overlap in their effects, it's difficult to pinpoint an exact
date for the top, however, and we may see it come near the end of this
week, or even well into the following week, without being able to
observe it fully until a later date, when the market has declined
significantly. I noted last week that the upcoming Jupiter/Uranus square
sometimes "makes its influence felt a week or so prior to the actual
date of the aspect itself." Because these are slow-moving outer planets
involved in the astrological action, the corresponding influence is
being painted with a wide brush, and we could just as easily see it play
out in the markets as much as a week or ten days after precise time of
the planetary configuration on Tuesday. What's interesting about this
week, though, is the fact that each trading day brings a mixture of
positive and negative astrological indications. On the whole, the
positive factors definitely outweigh the negative ones, but the kind of
mix that we are seeing underscores the fact that we need to stay on our
toes in this market environment.
Although last Saturday's Mercury/Poseidon conjunction and Monday
morning's entry of geocentric Venus into Virgo both suggest a positive
start to the trading week, I think that Monday is the one day during the
coming week in which we are most likely to see a bit of a price
pullback, thanks to the heliocentric Mercury/Neptune conjunction Monday
afternoon and the geocentric Mars/Kronos conjunction that evening.
The selling impulse may carry over somewhat into Tuesday as well, with
its waning Jupiter/Uranus square, but the squares by heliocentric
Mercury to Mars and Admetos both bring some positive potential to the
mix. In any case, we will have a Void-of-Course Moon throughout Tuesday
morning's trading and carrying over into the afternoon as well, until
about two hours prior to the closing bell. This is the time to be
extremely suspicious of intraday price fluctuations, and I plan to step
aside from active trading altogether during that period. My expectation
is that this trading day will end on a positive note.
Wednesday features two activations of eclipses from last March, which
raises a caution flag for the trading day. In the early morning hours
the waning heliocentric Mercury/Hades trine is a positive indicator for
stock prices, while the waxing Sun/Venus semisquare offers contrary
testimony.
Thursday looks like a very positive day for equities, with the New Moon,
the heliocentric ingress of Mercury into Pisces, and heliocentric
aspects from Venus and Mercury to Neptune and Saturn all adding to the
positive potential. There may be some rather sharp selling pressure near
the closing bell, however, since the heliocentric Mars/Admetos
conjunction weighs in on the negative side.
Friday is a day on which we could easily see the actual short-term
market top, but as I've previous noted, this timing should be taken with
a grain of salt. Mercury goes into retrograde motion during the early
morning hours (or during Thursday's late night hours, depending on your
time zone), and I think we will see that planetary change in apparent
direction signal a market turn as well. A lot fifth-harmonic planetary
action figures into this particular trading day, so I think we will see
some positive price action to close out the week, even though Friday
night's Sun/Neptune trine may dampen things somewhat.
Throughout this trading week I will be tracking heliocentric
fourth-harmonic planetary lines (H, 90,N,-2) for Mercury, Venus, Mars,
Saturn, Neptune, and Admetos, using the Fibonacci/Galactic Trader
software from P.A.S. to follow the active planetary support and
resistance in real time.
Have a great week!
*****
SPIRITUAL FOCUS FOR THE WEEK
Many of history's most successful traders have clearly understood that
emotional equilibrium is the key to effective trading. Through Practical
Spiritual Astrology we have an opportunity to restore inner harmony,
enhance emotional balance, and make wiser choices in the markets.
When we open ourselves innocently to the power of love, we can instantly
see the true humanity in everyone we meet. We can also summon the powers
of imagination to help us focus our energies more precisely as we take
advantage of surprising new chances to face up to the consequences of
our past mistakes and indiscretions. With Mercury's retrograde station
just after the New Moon, we can begin at last to make amends, welcoming
all those whom we formerly thought of as adversaries with a warm embrace
of friendship and camaraderie.
"Good communication is as stimulating as black coffee, and just as hard
to sleep after." --Anne Morrow Lindbergh
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 European equities markets posted stronger-than-usual gains last
week, with Paris leading the way. In the Pacific stocks continued their
winning ways, but the gains for the week were not quite as spectacular
as the previous week. In the U.S. the previous mixed picture in the
markets turned consistently positive, with all of the major indices
putting in respectable gains for the week.
Dow Jones Industrial Average -- up 1.23%
Dow Jones Transportation Average -- up 3.33%
Dow Jones Utilities Average -- up 2.67%
S+P 500 -- up 2.02%
NASDAQ Composite Index -- up 2.92%
Russell 2000 -- up 4.90%
London FTSE-100 -- up 1.99%
Paris CAC-40 -- up 2.23%
Frankfurt DAX -- up 1.79%
Sydney All Ordinaries -- up 0.55%
Tokyo Nikkei Index -- up 1.66%
Hong Kong Hang Seng Index -- up 2.54%
Singapore Straits Times Index -- up 3.14%
*****
U.S. EQUITY TRENDS
The rally in U.S. equities continued to confirm all of our bullish trend
indicators last week, with much of the momentum we saw in mid-September
returning to the trading scene. Even so, with signs of an overbought
condition becoming more persistent at this point, we continue to feel a
need for caution. The long term outlook is still solidly bullish, but as
we hit new highs there's an increasingly likelihood of a significant
reversal in the works. We are continuing to hold our long positions but
are also continuing to tighten up our stop-loss strategies to lock in
profits, and are becoming increasingly circumspect about adding
positions on the long side.
The Russell 2000 has been the only U.S. index that has recently failed
to show bullishness in all time frames, and our August 3
intermediate-term sell signal remains in place at this point, with a
daily close above 851 required to flip this intermediate-term indicator
back to the buy side. Even so, the Russell's dramatic surge last week
came within spitting distance of its highs for the year, with a close at
844.88. Our September 19 short-term buy signal is still in place for the
Russell, with a daily close below 759 in this index needed to reactivate
short-term bearishness. 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.
After breaking through the significant 1526 resistance zone, the S+P 500
went on to post a new all-time high last week, unequivocally confirming
all of our technical trend indicators. The S+P 500 is currently on a
September 18 short-term buy signal with a daily close below 1406
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.
Although it's still a long way from resuming the dot-com-happy price
levels it saw in early 2000, the NASDAQ Composite also put in a very
strong showing last week, setting new highs for the year. The NASDAQ
remains 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, 2006
intermediate-term buy signal and an October 13, 2006 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 -- In spite of the fact that the long-term outlook for Gold remains
solidly bullish, we may see some further weakening for this metal during
the coming week. While this may provide a buying opportunity for
longer-term speculation, the need for some price consolidation on a
short-term basis suggests that Gold traders would be wise to be hesitant
about overly-enthusiastic bullishness at this time.
SILVER -- Silver pulled back slightly during last week's trading, and
it's quite possible that we will see further selling as we move into the
week ahead. By the time we reach the New Moon on October 11, however, we
can expect Silver to back into a fully bullish mode. The longer-term
outlook for Silver also remains quite positive.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED DURING THE PREVIOUS WEEK: AGN, AKS, CLB,
CPRT, SU.
We closed five trades during the previous week, with three winners and
two losers bringing us a net profit of $1,285.00.
We bought to cover 200 shares of Allergan Inc. (AGN) at 65.75 on
10/01/07, taking a loss of $150.00 (a 1.17% loss in 1 trading day).
We sold 300 shares of AK Steel Holding Corporation (AKS) at 42.64 on
10/03/07, taking a profit of $849.00 (a 7.11% gain in 11 trading days).
We sold 100 shares of Core Laboratories N.V. (CLB) at 125.25 on
10/03/07, taking a loss of $449.00 (a 3.46% loss in 3 trading days).
We sold 3 January 2008 $30 Copart Inc. (CPRT) calls at 5.60 on 10/04/07,
taking a profit of $1,005.00 (a 148.89% gain in 32 trading days).
We bought to cover 100 shares of Suncor Energy Inc. (SU) at 95.90 on
10/05/07, taking a profit of $30.00 (a 0.31% gain in 14 trading days).
*****
POSITION ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK: CR.
We added one short position to the Model Portfolio last week.
We sold short 200 shares of Crane Company (CR) at 48.23 on 10/05/07,
with an initial buy stop set at 50.25.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 121 completed trades, with 52
winners and 69 losers bringing us a total net profit of $2,589.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $431.44; the largest single-trade loss has been $1,224.00,
with our losers averaging $304.10. The overall average profit per trade
has been $21.40, 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
Autodesk Inc. (ADSK) -- bought 200 shares at 45.12 on 09/07/07;
currently 50.56. Raise stop to 49.05.
Copart Inc. (CPRT) -- bought 6 January 2008 $30 calls at 2.25 on
08/20/07; currently 6.90. Hold.
Crane Company (CR) -- sold short 200 shares at 48.23 on 10/05/07;
currently 48.78. Lower buy stop to 49.65.
General Electric Company (GE) -- bought 6 December 2007 $40 calls at
1.50 on 07/10/07; currently 2.82. Hold.
Randgold Resources Ltd. ADS (GOLD) -- bought 400 shares at 23.59 on
08/14/07; currently 31.89. Raise stop to 30.25 on a close-only basis.
Timken Company (TKR) -- bought 300 shares at 35.00 on 09/24/07;
currently 37.80. Raise stop to 36.68.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Manufactured Housing; Residential Construction; Toy and Hobby Stores;
Long Distance Carriers; Office REITs.
WEAKEST MARKET SECTORS LAST WEEK:
Drug Stores; Consumer Services; Information Technology Service;
Semiconductor Memory Chips; Broadline Semiconductors.
*****
ASTRO-TRADING GANN PLAN:
ASTROLOGICAL EVENTS DURING THE COMING WEEK
"I know in each moment I am free to decide."
Whether you are day-trading or just looking for optimum entry and exit
points 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.
October 7
Void-of-Course Moon 01:28-03:03 EDT
Heliocentric Earth trine Heliocentric Cupido 09:31 EDT
Heliocentric Earth sextile Heliocentric Chiron 11:47 EDT
Heliocentric Mercury semisextile Heliocentric Uranus 11:56 EDT
True Lunar Node retrograde station 15:33 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 21:32 EDT
Heliocentric Earth quintile Heliocentric Hades 22:29 EDT
October 8
U.S. Bond Markets closed for Columbus Day holiday
Sun quintile Pluto 01:14 EDT
Heliocentric Mars biquintile Heliocentric Pluto 02:24 EDT
Venus enters Virgo 02:49 EDT
Heliocentric Venus biquintile Heliocentric Zeus 09:17 EDT
Sun conjunct 09/07/06 Lunar Eclipse antiscion 10:09 EDT
Moon crossing Universal Clock 24 Line 14:11 EDT
Heliocentric Venus sextile Heliocentric Uranus 14:14 EDT
Heliocentric Mercury conjunct Heliocentric Neptune 14:30 EDT
Saturn sextile Kronos 18:04 EDT
Heliocentric Earth sesquiquadrate Heliocentric Saturn 18:06 EDT
Apollon conjunct 08/28/07 Lunar Eclipse antiscion 18:21 EDT
Mars conjunct Kronos 22:13 EDT
Mars sextile Saturn 23:47 EDT
October 9
Sun sextile Jupiter 00:04 EDT
Sun quincunx Uranus 02:48 EDT
Heliocentric Mercury square Heliocentric Mars 02:58 EDT
Mars sesquiquadrate Neptune 03:29 EDT
Void-of-Course Moon 07:08-13:57 EDT
Heliocentric Venus semisquare Heliocentric Kronos 11:30 EDT
Mars biquintile Chiron 11:38 EDT
Heliocentric Mercury square Heliocentric Admetos 12:01 EDT
Heliocentric Mercury quincunx Heliocentric Vulcanus 13:52 EDT
Jupiter square Uranus 14:22 EDT
Heliocentric Mercury sextile Heliocentric Jupiter 16:42 EDT
Venus contraparallel True Lunar Node 17:24 EDT
Heliocentric Mercury trine Heliocentric Apollon 19:14 EDT
Heliocentric Venus biquintile Heliocentric Jupiter 19:51 EDT
Sun parallel Uranus 20:59 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 21:12 EDT
Heliocentric Mercury quintile Heliocentric Cupido 22:38 EDT
October 10
Heliocentric Mercury trine Heliocentric Hades 02:01 EDT
Sun semisquare Venus 02:54 EDT
Venus conjunct 03/18/07 Solar Eclipse antiscion 11:29 EDT
Sun opposition 03/03/07 Lunar Eclipse antiscion 12:22 EDT
Heliocentric Earth semisextile Heliocentric Uranus 13:40 EDT
Heliocentric Mercury sextile Heliocentric Pluto 13:55 EDT
Moon crossing Universal Clock 24 Line 13:57 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Chiron 18:27 EDT
October 11
Heliocentric Mercury enters Pisces 00:23 EDT
New Moon 01:01 EDT
Heliocentric Venus square Heliocentric Neptune 01:34 EDT
Heliocentric Mercury opposition Heliocentric Saturn 02:25 EDT
Heliocentric Mercury biquintile Heliocentric Vulcanus 03:45 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Uranus 13:04 EDT
Apollon square Vulcanus 13:49 EDT
Heliocentric Mars conjunct Heliocentric Admetos 15:09 EDT
Void-of-Course Moon begins 19:22 EDT
Heliocentric Earth semisquare Heliocentric Mercury 20:45 EDT
Heliocentric Mercury trine Heliocentric Kronos 21:29 EDT
Heliocentric Venus biquintile Heliocentric Pluto 21:40 EDT
October 12
Mercury retrograde station 00:01 EDT
Void-of-Course Moon ends 02:13 EDT
Heliocentric Mars sextile Heliocentric Vulcanus 03:45 EDT
Heliocentric Mercury biquintile Heliocentric Zeus 05:03 EDT
Sun biquintile Admetos 06:24 EDT
Mars square 03/14/06 Lunar Eclipse antiscion 12:37 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Neptune 12:51 EDT
Moon crossing Universal Clock 24 Line 14:21 EDT
Heliocentric Mercury quintile Heliocentric Jupiter 20:11 EDT
Jupiter contraparallel Hades 20:14 EDT
Sun trine Neptune 21:39 EDT
Heliocentric Mercury trine Heliocentric Poseidon 23:01 EDT
October 13
Heliocentric Venus conjunct Heliocentric Admetos 02:34 EDT
Saturn opposition 08/28/07 Lunar Eclipse point 04:53 EDT
Heliocentric Venus sextile Heliocentric Vulcanus 06:53 EDT
Sun semisquare Saturn 08:13 EDT
Venus sextile Kronos 08:51 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Vulcanus 09:43 EDT
Mars crossing Universal Clock 24 Line 10:44 EDT
Heliocentric Mars quincunx Heliocentric Jupiter 12:26 EDT
Heliocentric Mercury quintile Heliocentric Pluto 14:17 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Apollon 14:36 EDT
Heliocentric Mercury quincunx Heliocentric Zeus 16:21 EDT
Heliocentric Mars quincunx Heliocentric Apollon 16:36 EDT
Void-of-Course Moon begins 17:24 EDT
Heliocentric Venus quincunx Heliocentric Jupiter 18:22 EDT
Heliocentric Venus quincunx Heliocentric Apollon 19:30 EDT
Heliocentric Venus conjunct Heliocentric Mars 21:00 EDT
Mars trine True Lunar Node 21:21 EDT
Venus opposition 08/28/07 Lunar Eclipse point 22:06 EDT
October 14
Heliocentric Venus sesquiquadrate Heliocentric Zeus 00:08 EDT
Venus conjunct Saturn 00:25 EDT
Heliocentric Mercury quintile Heliocentric Admetos 01:15 EDT
Heliocentric Mars sesquiquadrate Heliocentric Zeus 06:10 EDT
Heliocentric Mercury quintile Heliocentric Mars 09:57 EDT
Heliocentric Mercury square Heliocentric Cupido 10:47 EDT
Heliocentric Venus semisextile Heliocentric Hades 11:27 EDT
Heliocentric Mercury semisextile Heliocentric Chiron 11:46 EDT
Heliocentric Earth sextile Heliocentric Neptune 13:47 EDT
Sun contraparallel Venus 14:45 EDT
Moon crossing Universal Clock 24 Line 14:58 EDT
Void-of-Course Moon ends 14:58 EDT
Heliocentric Mercury quintile Heliocentric Venus 15:03 EDT
Sun sesquiquadrate True Lunar Node 15:03 EDT
Heliocentric Jupiter sextile Heliocentric Apollon 17:21 EDT
Saturn contraparallel Chiron 22:59 EDT
Sun biquintile Uranus 23:51 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
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*****
STOCKS TO WATCH: GIFI, WFR, VIVO, OSK.
Gulf Island Fabrication (GIFI)
NASDAQ; optionable
First Trade Date: 04/04/1997; 09:30 a.m.
We did not get filled on this stock during last week's trading, so it is
still on our watch list for this week. We are looking for solid price
appreciation following the conjunction of transiting Saturn with the
GIFI First-Trade IC on October 11, so our plan is to add a long position
in this stock early in the trading week. We will set our initial stop at
34.50.
MEMC Electronic Materials Inc. (WFR)
NYSE; optionable
First Trade Date: 07/13/1995; 09:30
For the past five months, with transiting Zeus square First-Trade Venus,
WFR has been trading between 52 and 64, but it has just showed signs of
breaking out of that trading channel to the upside. Transiting Saturn's
passage over the WFR First-Trade Ascendant in a couple of weeks may
bring a bit of price consolidation, but after that we expect to see even
more growth for this stock. In this case we plan to enter a long
position near the start of the current trading week, with an initial
stop set at 60.00.
Meridian Bioscience Inc. (VIVO)
NASDAQ; optionable
First Trade Date: 07/29/1986; 09:30
With transiting Apollon and transiting Vulcanus lining up to form a
powerful T-square pattern with the First-Trade True Lunar Node, this
stock broke out of its trading range in early August and has been
climbing steadily ever since. With transiting Jupiter about to hit the
VIVO First-Trade IC on October 16 we are likely to see a push to even
higher highs, possibly running into the closing days of the month as
transiting Jupiter conjoins First-Trade Uranus. All this looks like a
setup for a short sale, so we will consider entering a short position
either near the end of this trading week or at some point during the
following week. We will set our initial buy stop about 8% to 10% above
our entry point.
Oshkosh Truck Corporation (OSK)
NYSE; optionable
First Trade Date: 07/12/2002, 09:30 a.m.
With transiting Saturn ready to cross the OSK First-Trade Ascendant on
October 18, and with transiting Jupiter conjoining First-Trade Pluto and
the First-Trade South Lunar Node, it looks like it's time for this stock
to break out past the highs it set in early July. Transiting Jupiter's
trine to the First-Trade Moon near the end of this month should add to
the momentum. Our plan is thus to add a long position in OSK to the
Model Portfolio by the middle of the trading week, with an initial stop
set at 59.25.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
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CYCLES WEEKLY is a general interest publication which is prepared from
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