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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
Remembering 1987
CEO Mistreatment?
Bye-bye Dollar
New Video Online
Study Course Discount
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, in commenting
on the prospects for the
week's trading in the equities markets, I noted that "What's interesting
. . . 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."
That certainly proved to be the case. We did finish up the week with
slight gains in stock prices, but they were really nothing to write home
about. After a fairly optimistic start to the week, there was a sharp
reversal to the downside with Thursday's New Moon, and on Friday all the
major averages had "inside days," with higher lows and lower highs
revealing the underlying indecisiveness on the trading floor--not a
particularly positive way to move into the weekend.
So what's ahead? With Mercury now in retrograde motion, we have a good
possibility of a short-term bearish counter-trend in the equities
markets, with the potential for a somewhat surprising slide as well in
some commodities, most notably Gold. Even so, this three-week Mercury
retrograde period is one in which it's a good idea to be a bit
suspicious of any supposedly sure-fire market indicators or
once-in-a-lifetime trade setups. As the saying goes, if it seems too
good to be true, it probably is.
All this adds up to a situation that can be rather nerve-wracking if we
want to extract some money from the markets on a consistent basis. But
if we are careful right now not to push the panic button prematurely or
to get too carried away with surges of enthusiasm, and if we combine
that emotional balance with strict money management in our trading, we
have a reasonably good chance of being successful. I personally think
that it's good to be reminded occasionally that trading can actually be
hard work, and that the biggest challenges we face in the markets are
typically our own attitudes and assumptions. The next few weeks are
quite likely to provide those salutary lessons!
FORGOTTEN CONVERGENCE
During the past week it has been interesting to note the number of times
that the mainstream media have called attention to the twentieth
anniversary of the 1987 stock market crash. In most cases they have
carefully avoided predicting another crash for this fall, but the mere
fact that this anniversary is suddenly in the popular consciousness
suggests that the current equities bubble is being strained to the
breaking point. Oddly enough, though, I have yet to see any article
about this anniversary discussing the astrologically significant
"Harmonic Convergence" market high that preceded the big sell-off in 1987.
OVERPAID UNDERPERFORMANCE
The rich are getting richer and the poor are getting poorer, or at least
the gap between the two classes in America is getting bigger. In fact,
it has reached its widest point in more than 60 years, and figures
released last week showed the share of national income claimed by the
wealthiest 1% of Americans has now reached 21.2%, which is a postwar record.
That boom in wealth for the wealthy is due, at least in part, to the
boom in corporate profits. That's why it is interesting, especially in
the light of growing income inequality, that a new study just published
by the National Association of Corporate Directors reveals that most
corporate leaders in the U.S. believe chief executives are overpaid and
do not provide sufficient value for the money their com-panies pay them.
The report is based on a survey of about 70 corporate presidents and
CEOs, who were polled during July and August. Roughly two-thirds of them
said that they believed the compensation of top executives was high
relative to their performance, while about one-third said it was "just
right," and only 2.2% felt that executive compensation was too low.
The report is likely to add fuel to the criticism of underperforming
companies with highly-paid executives, both among activist groups and at
stockholder meetings. It also echoes last week's comments by U.S.
President George W. Bush, who told the Wall Street Journal that he
thought some executive compensation in the U.S. was excessive and that
some corporate boards needed to sharpen up their oversight of salaries
and bonuses.
DOLLAR-FREE COMMODITIES?
Pratima Desai in London has reported for Reuters that there's an
international movement afoot to dodge the U.S. dollar as a basis for
denominating commodities. Although redenomination may take some time,
plans for a move away from the dollar are apparently already underway as
the currency's slide accelerates in the face of economic slowdown and
continuing nervousness about debt structures and falling interest rates
in the U.S.
Not surprisingly, the retreat from dollars has been most evident so far
in Iran, which said earlier this month that about 85% of its oil exports
are now being sold in non-dollar currencies.
Reuters quotes David Murrin, chief investment officer at Emergent, as
saying that he "can see countries like Russia trying to price
commodities in some other currency, possibly rubles. Keep your eyes open
for when and how rebasing starts to creep in."
Murrin added that "The potential for the dollar's downtrend to pick up
speed is high and that's what they (the U.S.) want. They've opened the
door to a lower dollar simply because it's their job to keep up the
illusion that asset prices in the United States are high. ... That makes
their debt-to-equity ratios look interesting. A way to stimulate your
economy is to let the currency go."
NEW VIDEO ADDED TO THE WEBSITE
I was pleased on Thursday to be invited back as a guest on Michael
Yorba's Commodity Classics show on the MN1 web network. Videos from my
appearances on the program are now available for instant viewing on my
website at www.TimBost.com. To view these
archived interviews, go to
http://www.timbost.com/publications/videogallery.html
.
DISCOUNT ON HOME STUDY COURSE
Speaking of the Commodity Classics program, I've gotten some questions
about the conversation on Thursday's show about the special pricing for
my Basic Stock Market Astrology Home Study Course. The $90 discount is
available to anyone who saw the program, or who watches the video on my
website. You'll find a description of the course, along with ordering
details and an opportunity to use the discount Coupon Code, at
www.BasicMarketCourse.com.
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, be sure to see the streaming videos of my
interviews at http://www.timbost.com/publications/videogallery.html
and
check out the "Top Listed Site Astrology" button for links to other
astrological resources that you may find interesting.
*****
THE ECONOMIC CALENDAR
The economic reports to pay attention to this week include the Empire
State Manufacturing Survey, ICSC-UBS Store Sales, MBA Purchase
Applications, Treasury International Capital, Industrial Production, the
Housing Market Index, Consumer Price Index, Housing Starts, the EIA
Petroleum Status Report, the EIA Natural Gas Report, Leading Indicators,
the Philadelphia Fed Survey, Jobless Claims, and the Money Supply. We
will also get the Federal Reserve Beige Book on Wednesday and a rate
announcement from the Bank of Canada on Tuesday.
This should be an interesting week for economic punditry, with Treasury
Secretary Hank Paulson talking on Tuesday about home ownership and the
mortgage markets in a presentation at the Georgetown University Law
Center and on Friday at a post-G7 press conference in Washingnton, D.C.
; with New York Federal Reserve Bank Vice President William Dudley in
Philadelphia on Wednesday to talk about the subprime crisis; with Kansas
City Federal Reserve Bank President Thomas Hoenig in Tulsa, Oklahoma to
talk about U.S. monetary policy, also on Wednesday; with Cleveland
Federal Reserve Bank President Sandra Pianalto speaking at the Ohio
Grantmakers Forum in Columbus on Thursday, and with Philadelphia Federal
Reserve Bank President Charles Plosser discussing monetary policy and
making economic projections the Fed Conference in St. Louis , Missouri
on Thursday. . Even President Bush will be getting into the act; he will
be in Rogers, Arkansas on Monday to speak about the U.S. budget.
The real headliner this week, however, will be Fed Chairman Ben Shalom
Bernanke. Monday evening he will be at the Economic Club of New York to
talk about the overall economic outlook. On Thursday he will be in
Washington to speak at an awards ceremony to honor Jean-Claude Trichet
of the European Central Bank. Then on Friday he will be joining St.
Louis Federal Reserve Bank President William Poole to participate in a
panel discussion at the St. Louis Fed Conference.
ASTROLOGICAL DYNAMICS
Because the Russell 2000 has shown the most vulnerability among the
major market indices, I've given it the closest look in preparing this
week's review of the likely astrological influences on the equities
markets. Even so, I expect that most of the astrological activity that
will impact the Russell will also have an effect on the other big stock
trading venues as well.
There's one important caveat here, however. With Mercury in retrograde
motion through the end of the month, we are now in a time frame in which
it's especially easy to misread market indicators. This is especially
true of the technical tools that we regularly apply to our market
analysis, but the astrological indicators aren't exempted. A good bit of
caution is thus necessary in trading throughout this week and the next
couple of weeks after that.
If your approach to the markets is essentially a long-term one, then
it's generally best to ignore the market fluctuations altogether during
a Mercury retrograde phase. Set your stops, go fishing, and then check
back in with your portfolio after November 1. The other viable
alternative is to be especially vigilant during this time frame, paying
close attention to what's going on with each market swing without making
assumptions about the staying power of the turns and trends. Short-term
position plays, which are typically the trades that I personally prefer,
are the most vulnerable in this environment, so they take some extra
effort to keep on track.
The Venus/Saturn conjunction early Sunday morning is likely to have a
sobering influence on stock trading throughout the week. When it's
combined with the potential impact of the upcoming trine of Venus to the
transiting Mercury/Uranus midpoint, we get a decidedly more bearish
background note to the trading environment as we begin the week's action.
The key word here is "background." These mitigating influences that kick
off the week will be hard pressed to keep prices in negative territory,
thanks to other astrological factors at work, often in more prominent
ways. On Monday, for example, the heliocentric Mercury/Uranus
conjunction and the opposition of Venus to the True Lunar Node both
suggest some bullishness, but since they both come into play prior to
the opening bell I'm anticipating a fairly flat outcome to the trading day.
Tuesday is likely to begin with some selling pressure, thanks to the
slightly negative impact of the waxing heliocentric Mercury/Poseidon
sesquiquadrate in the morning and the waxing geocentric Venus/Mars
sextile in the early afternoon. Just after the closing bell, however,
there's the extremely bullish entry of heliocentric Venus into Gemini,
followed a couple of hours later by a Mercury/Poseidon conjunction, also
bullish. These aspects may make their influence felt near the close of
Tuesday's trading, but they are much more likely to set the stage for a
solid advance on Wednesday.
Wednesday's trading is indeed likely to be positive with only one
prominent aspect, the waning heliocentric Venus/Saturn square,
suggesting a bearish potential, and the bullish side being represented
by the waxing heliocentric Mercury/Jupiter square, the waxing geocentric
Mercury/Mars trine, the waning heliocentric Venus/Apollon biquintile,
and the waxing heliocentric Mercury/Pluto square.
On Thursday, however, there's likely to be a shift to the downside,
although it may be a fairly mild one. The waning Mars/Poseidon trine and
the entry of heliocentric Mercury into Aries both support this bearish
notion, but they both come substantially before the opening bell, so
their influence is likely to be weakened somewhat.
Friday brings the week's strongest possibility of a significant upward
move. The stage will be set late Thursday night with the waxing
Sun/Vulcanus square and the Sun/Apollon conjunction, and the positive
energy will get a strong boost from the waxing heliocentric
Earth/Jupiter trine just prior to the opening bell. There may be some
aggressive profit-taking just before the end of the trading day,
however, with the Chiron direct station. This is a very bearish
indicator, and its influence is likely to spill out over the next couple
of trading weeks, coinciding with the remainder of the Mercury
retrograde period.
Again, with Mercury retrograde, I'm reluctant to put too much faith in
market indicators right now, even the astrological ones. Each trading
day will bring its own challenges and opportunities, and the best way to
come out ahead in the markets right now is to avoid expectations and
preconceptions as much as possible.
Throughout this trading week I will be tracking heliocentric
fifth-harmonic planetary lines (H, 72,N,-2) for Mercury, Venus, Saturn,
Uranus, Chiron, Apollon, 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.
Whether we call it Divine guidance, intuition, serendipity, or the
presence of celestial beings, there are inevitably times in which we
become acutely aware of unseen forces guiding and protecting us. If we
trust that presence as an essentially loving and supporting influence,
we can begin to experience actively what it means to participate in life
as enlightened beings, even if our first faltering steps in that
direction seem ludicrous or inept. Simply by being willing to act as if
we know what we are doing in the midst of spiritual crisis, we can
transcend our self-imposed limitations and get a real glimpse of the
radiance that higher consciousness brings.
"The greatest discovery of my generation is that a human being can alter
his life by altering his attitudes of mind." --William James
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
Although Hong Kong and Sydney continued to show some strength in last
week's trading, for the most part equities markets around the world
slammed on the brakes, moderating their previous pace quite dramatically
and in some cases even starting to reverse direction. While there are
certainly strong forces supporting a continuing rally in stocks at this
point, the bearish side of the equation is making its presence felt more
and more aggressively, slowing down the overall momentum in the process.
Dow Jones Industrial Average -- up 0.19%
Dow Jones Transportation Average -- down 1.13%
Dow Jones Utilities Average -- up 0.86%
S+P 500 -- up 0.27%
NASDAQ Composite Index -- up 0.91%
Russell 2000 -- down 0.44%
London FTSE-100 -- up 2.05%
Paris CAC-40 -- up 0.01%
Frankfurt DAX -- up 0.49%
Sydney All Ordinaries -- up 2.16%
Tokyo Nikkei Index -- up 1.56%
Hong Kong Hang Seng Index -- up 3.62%
Singapore Straits Times Index -- up 0.91%
*****
U.S. EQUITY TRENDS
There was a noticeable weakening in U.S. equities last week, with much
of the previous week's momentum evaporating. Right now we're waiting for
the other shoe to drop, but it's increasingly clear that a major market
correction lies ahead.
Our August 3 intermediate-term sell signal for the Russell 2000 remains
firmly in place at this point, with the index repeatedly failing to
break through resistance. The Russell 2000 has been the only U.S. index
that has recently failed to show bullishness in all time frames, and
right now we are increasingly seeing it as a bellwether for the market
as a whole. A daily close above 851 is currently required to flip this
intermediate-term indicator back to the buy side. 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.
We have been looking for an intermediate-term top in the S+P 500 at
around 1569, and while this index has flirted with that price level on
an intraday basis recently, we have yet to get a daily close that high.
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.
The NASDAQ Composite followed up a a very strong week with a more
tentative one, setting new highs but with much weaker momentum. 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 -- Time's up! The yellow metal has made such a strong advance
during the past two months that it wouldn't be surprising right now for
us to see some price consolidation put the squeeze on this commodity,
with the negative impact perhaps carrying over into early November. I
suspect that we are now at a time when it is increasingly advisable to
take some short-term profits in Gold; if we take some money off the
table now, we can then look for fresh opportunities to add to
longer-term positions in anticipation of another significant leg upward
that will start before the end of the year.
SILVER -- With Mercury now in retrograde motion, we're seeing some
divergence between the astrological indicators and other technical
indicators as far as Silver is concerned. There's some potential now for
a short-term sell-off in this market, but during the next three weeks a
lot of extra caution is called for. Once Mercury returns to direct
motion on November 1, I'm expecting Silver to move back into an
unequivocal rally mode.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADE CLOSED DURING THE PREVIOUS WEEK: CR.
We closed one trade during the previous week, with one loser bringing us
a net loss of $284.00.
We bought to cover 200 shares of Crane Company (CR) at 49.65 on
10/08/07, taking a loss of $284.00 (a 2.94% loss in 1 trading day).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK:
GIFI, WFR, OSK.
We added three long positions to the Model Portfolio last week.
We bought 200 shares of Gulf Island Fabrication (GIFI) at 37.36 on
10/08/07, with an initial stop set at 34.50.
We bought 100 shares of MEMC Electronic Materials Inc. (WFR) at 63.98 on
10/08/07, with an initial stop set at 60.00.
We bought 3 January 2008 $65 Oshkosh Truck Corporation (OSK) calls at
2.95 on 10/12/07.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 122 completed trades, with 52
winners and 70 losers bringing us a total net profit of $2,305.00. 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 $303.81. The overall average profit per trade
has been $18.89, and the mean duration of our trades has been 9.8
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 2002-2004 inclusive we had a total of 584 completed trades, with
322 winners, 260 losers, and 2 break-even trades bringing us an average
annual net profit of $50,528.83. 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 $259.57. The mean duration of our trades during
those three years was 11.0 trading days.
*****
CURRENT POSITIONS IN THE MODEL PORTFOLIO
Autodesk Inc. (ADSK) -- bought 200 shares at 45.12 on 09/07/07;
currently 50.80. Raise stop to 49.65.
Copart Inc. (CPRT) -- bought 6 January 2008 $30 calls at 2.25 on
08/20/07; currently 7.20. Hold.
General Electric Company (GE) -- bought 6 December 2007 $40 calls at
1.50 on 07/10/07; currently 2.21. Hold.
Gulf Island Fabrication (GIFI) -- bought 200 shares at 37.36 on
10/08/07; currently 36.65. Raise stop to 35.65.
MEMC Electronic Materials Inc. (WFR) -- bought 100 shares at 63.98 on
10/08/07; currently 63.08. Raise stop to 60.75.
Oshkosh Truck Corporation (OSK) -- bought 3 January 2008 $65 calls at
2.95 on 10/12/07; currently 2.95. Hold.
Randgold Resources Ltd. ADS (GOLD) -- bought 400 shares at 23.59 on
08/14/07; currently 35.34. Raise stop to 32.55 on a close-only basis.
Timken Company (TKR) -- bought 300 shares at 35.00 on 09/24/07;
currently 37.35. Raise stop to 36.85.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Nonmetallic Mineral Mining; Copper; Independent Oil and Gas;
Agricultural Chemicals; Gold.
WEAKEST MARKET SECTORS LAST WEEK:
Semiconductor Memory Chips; Toy and Hobby Stores; Consumer Services;
Southeast Regional Banks; Apparel and Clothing.
*****
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 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
October 15
Heliocentric Earth quintile Heliocentric Kronos 00:34 EDT
True Lunar Node crossing Universal Clock 24 Line 00:42 EDT
Heliocentric Mercury conjunct Heliocentric Uranus 04:17 EDT
Venus conjunct 10/17/05 Lunar Eclipse antiscion 05:02 EDT
Venus opposition True Lunar Node 07:20 EDT
Heliocentric Mars semisextile Heliocentric Hades 15:25 EDT
Heliocentric Venus quincunx Heliocentric Pluto 15:42 EDT
Heliocentric Mercury biquintile Heliocentric Apollon 16:52 EDT
October 16
Heliocentric Mercury semisextile Heliocentric Neptune 01:33 EDT
True Lunar Node opposition 10/17/05 Lunar Eclipse antiscion 01:38 EDT
Heliocentric Venus quintile Heliocentric Uranus 02:56 EDT
Sun in 24th Harmonic to Poseidon 03:05 EDT
Sun in 24th Harmonic to Mercury 09:21 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Poseidon 10:45 EDT
Heliocentric Earth semisextile Heliocentric Mercury 11:41 EDT
Mercury parallel Pluto 13:02 EDT
Venus sextile Mars 13:35 EDT
Moon crossing Universal Clock 24 Line 15:09 EDT
Heliocentric Venus enters Gemini 16:25 EDT
Void-of-Course Moon begins 18:32 EDT
Mercury conjunct Poseidon 18:44 EDT
Heliocentric Mercury sextile Heliocentric Admetos 18:47 EDT
Heliocentric Mercury trine Heliocentric Vulcanus 20:17 EDT
Mercury sextile Venus 23:00 EDT
October 17
Heliocentric Venus square Heliocentric Saturn 00:27 EDT
Heliocentric Mercury quincunx Heliocentric Apollon 00:41 EDT
Heliocentric Mercury square Heliocentric Jupiter 01:39 EDT
Venus sextile Poseidon 02:21 EDT
Void-of-Course Moon ends 03:03 EDT
Mercury trine Mars 04:16 EDT
Heliocentric Mercury square Heliocentric Hades 06:14 EDT
Heliocentric Mercury sextile Heliocentric Mars 11:26 EDT
Heliocentric Venus biquintile Heliocentric Apollon 13:15 EDT
Heliocentric Mercury square Heliocentric Pluto 15:58 EDT
Sun opposition 10/17/05 Lunar Eclipse point 17:11 EDT
Heliocentric Mercury semisquare Heliocentric Chiron 20:00 EDT
Sun parallel True Lunar Node 20:15 EDT
Heliocentric Earth semisextile Heliocentric Admetos 20:44 EDT
October 18
Heliocentric Mercury enters Aries 00:16 EDT
Mars trine Poseidon 01:31 EDT
Heliocentric Mercury quincunx Heliocentric Saturn 03:10 EDT
Heliocentric Earth square Heliocentric Vulcanus 03:42 EDT
Sun quincunx Admetos 06:14 EDT
Heliocentric Mercury biquintile Heliocentric Poseidon 08:59 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Uranus 10:58 EDT
Moon crossing Universal Clock 24 Line 14:06 EDT
Heliocentric Mercury sextile Heliocentric Venus 16:18 EDT
Heliocentric Mercury square Heliocentric Kronos 17:31 EDT
Mercury crossing Universal Clock 24 Line 18:25 EDT
Heliocentric Venus semisextile Heliocentric Kronos 19:59 EDT
Sun conjunct 08/28/07 Lunar Eclipse antiscion 20:10 EDT
Sun square Vulcanus 21:35 EDT
Sun conjunct Apollon 23:59 EDT
October 19
Heliocentric Earth opposition Heliocentric Apollon 00:08 EDT
Sun parallel Apollon 00:27 EDT
Mercury trine True Lunar Node 00:56 EDT
Heliocentric Mars quincunx Heliocentric Pluto 03:17 EDT
Void-of-Course Moon 04:33-12:52 EDT
Venus quintile Hades 04:54 EDT
True Lunar Node direct station 05:33 EDT
Heliocentric Mercury semisquare Heliocentric Neptune 06:07 EDT
Heliocentric Mercury biquintile Heliocentric Saturn 09:01 EDT
Heliocentric Earth trine Heliocentric Jupiter 09:02 EDT
Mercury sextile Saturn 09:47 EDT
Sun in 24th Harmonic to Zeus 13:35 EDT
Heliocentric Mercury quincunx Heliocentric Poseidon 14:22 EDT
Chiron direct station 16:10 EDT
Heliocentric Earth quintile Heliocentric Chiron 19:09 EDT
Mercury parallel Neptune 20:14 EDT
Heliocentric Mercury semisquare Heliocentric Admetos 21:40 EDT
October 20
Heliocentric Earth sextile Heliocentric Hades 02:04 EDT
Venus semisquare Vulcanus 02:32 EDT
Heliocentric Mercury opposition Heliocentric Zeus 04:31 EDT
Venus semisquare Apollon 05:34 EDT
Venus quincunx Chiron 06:54 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Mercury 09:36 EDT
Sun sextile Pluto 09:39 EDT
Moon crossing Universal Clock 24 Line 10:59 EDT
Mercury trine Kronos 11:10 EDT
Heliocentric Mars quintile Heliocentric Uranus 13:39 EDT
Heliocentric Mercury trine Heliocentric Cupido 19:41 EDT
Venus semisextile Zeus 20:11 EDT
Heliocentric Mercury sextile Heliocentric Chiron 20:49 EDT
Heliocentric Mercury semisquare Heliocentric Mars 21:22 EDT
Heliocentric Mercury quintile Heliocentric Hades 22:04 EDT
October 21
Sun trine Hades 01:42 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Saturn 03:39 EDT
Mars square 03/29/06 Solar Eclipse point 07:58 EDT
Heliocentric Mercury semisextile Heliocentric Uranus 10:26 EDT
Heliocentric Venus quincunx Heliocentric Poseidon 11:49 EDT
Sun semisquare Cupido 14:11 EDT
Sun contraparallel Saturn 15:31 EDT
Void-of-Course Moon 15:36-19:02 EDT
Sun opposition 02/21/08 Lunar Eclipse antiscion 17:49 EDT
Mercury parallel Poseidon 18:22 EDT
Mercury semisquare Jupiter 19:26 EDT
Venus contraparallel Uranus 21:26 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
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*****
STOCKS TO WATCH: ETN, VIVO, TRA.
Eaton Corporation (ETN)
NYSE; optionable
First Trade Date: 07/24/1923; 10:00 a.m.
Transiting Jupiter will be conjunct the ETN First-Trade Moon near the
end of this week, bringing some positive energy to this stock prior to
its transit over the ETN First-Trade Midheaven on October 24. Just after
that transiting Saturn (still in orb in a quincunx to First-Trade
Admetos) will conjoin First-Trade Chiron, and as we move into November
transiting Mars will conjoin First-Trade Pluto. This is a solid set-up
for a short sale; our plan is thus to sell ETN short toward the end of
the current trading week, with an initial buy stop set at 104.25.
Meridian Bioscience Inc. (VIVO)
NASDAQ; optionable
First Trade Date: 07/29/1986; 09:30 a.m.
Transiting Jupiter hits the VIVO First-Trade IC this week, so 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. This is another setup for a short sale, so we plan to enter a
short position before the end of this trading week. We will set our
initial buy stop about 8% to 10% above our entry point.
Terra Industries Inc. (TRA)
NYSE; optionable
First Trade Date: 07/06/1973; 10:00 a.m.
Transiting Mars is currently conjoining the TRA secondary progressed
Vulcanus, hinting that we can look for some massive power associated
with the trading in this stock during the coming weeks. Given the run-up
in TRA during the past week, combined with other astrological factors
ahead of us, it wouldn't be too surprising to see this stock pull back
in price during the next few trading sessions. Such a consolidating move
could get considerable assistance from Saturn square First-Trade
Neptune, Mars semisquare First-Trade Hades, Pluto in opposition to
First-Trade Saturn, and Mars square First-Trade Mars. However, once
Saturn conjoins the TRA First-Trade Ascendant on November 1, we can look
for TRA to rally. Our trading strategy will thus be to sell TRA short by
the middle of this trading week, trailing a buy stop and reversing our
position if we are taken out of the short trade.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
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