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FinancialCyclesWeekly.com #0744 -- October 28-November 3, 02007 with Tim Bost
YOUR WEEKLY ASTRO-TRADING PLANIN THIS ISSUE:
Comment
Trying Not To Be Right
Watching Helicopter Ben
Another Layoff
Watch the Videos
Eclipse Report Bargain
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:
Once again, the equities markets have followed the Mercury
retrograde path of mixed signals and confusing expectations. As I've
noted in recent weeks, the Mercury retrograde period will not only often
bring a short-term counter-trend to trading activity; it also adds an
element of unreliability to technical and astrological indicators than
can otherwise be relied upon with a high level of confidence.
In the current Mercury retrograde period, which began on October 12 and
ends on November 1, the market action has produced both outcomes: a
counter-trend (in this case to the downside) and plenty of extra
difficulties for market forecasters. With the S+P 500, for example,
prices hit a high on October 11, and then started heading down, right on
schedule. Even though there has been a move back to the upside in recent
trading sessions, this index is still trading about 2% below its
intraday high on October 11.
CAUSE FOR CAUTION
Right now the market signals continue to be mixed. On last Friday, for
example, while stock prices were higher, there was a drop in trading
volume on both the NYSE and the NASDAQ. At the same time, price-based
indicators were signaling a market advance while astrological indicators
were signaling a market decline.
So what's the right way to read this market? In a nutshell, the only way
to make money right now is to give up trying to be right, at least for
the time being. My personal strategy is to study the market indicators,
take lots of notes, and think things through as clearly as I can. That
may leave me somewhat undecided or confused, but even so I work to
formulate a clear opinion about the coming direction, not only for the
market as a whole, but also for the particular stocks that I'm
considering trading.
That work becomes the basis for this newsletter. Then, if it's at all
possible, I set up something to take my mind completely away from the
markets. I'll pick up an entertaining book to read, go to a movie and
sit in the dark for a couple of hours, or get involved in kitchen
creativity as I prepare a meal. This not only gives my brain a break; it
also helps me take a big step back from my emotional and intellectual
investment in my market analysis. When it's time to execute my trades, I
want to be as much removed from any ego-connection to my analysis as I
can possibly be. I want to give up trying to be right, so I can simply
watch for what the market is actually telling me. That's a humbling
experience, but it's also occasionally a profitable one.
TIME FOR MORE WHIRLYBIRDS?
It's a little too early to tell if the helicopter engines are getting
warmed up, but the chances are good that Ben Shalom Bernanke will be
encouraging his cronies at the Fed this week to put together an encore
to last month's rate cut. Another drop in interest rates right now could
send stock prices through the roof, and might do a good job of diverting
attention away from the recent subprime ugliness. But even talking about
lower rates in a sympathetic tone of voice would be enough to give the
bulls encouragement.
One of the biggest factors in the Fed's decision this week is likely to
be what's happening on the employment front. There will be plenty of
employment-related economic reports coming out this week to slice and
dice that dimension of the economy, but if Dr. Ben is really following
in the footsteps of his illustrious predecessor he will have already
scoped out the data on his own a reached an early conclusion about what
action is appropriate for the Fed.
Even so, I think we can expect a limited impact from the Fed's actions
this week, no matter what they are. Mercury, still retrograde, will be
virtually stationary as the Fed announcement is made on Wednesday. At
the same time, there will be a void-of-course Moon and Neptune will also
be making its station. This is a combination that suggests plenty of
smoke and mirrors, with illusion, confusion, and outright deception as
the order of the day. So even if Wall Street goes into a euphoric frenzy
following the Fed's announcement, the enthusiasm is likely to die down
pretty quickly.
A BIG LAYOFF AT MERRILL
LYNCH
There are lots of people losing jobs right now, or having trouble
finding them, and it looks like one more will be added to the list. E.
Stanley O'Neal, the CEO at Merrill Lynch, is clearly on the way out.
Part of the problem that O'Neal is facing the fact that the company's
performance hasn't quite matched his expectations--or those of the
shareholders, for that matter. On October 5, O'Neal acknowledged that
Merrill Lynch would be showing a loss for the third quarter, but the
actual number--a whopping $2.24 billion, was about six times bigger than
he had forecast. This was not only a loss of $2.82 a share; it was also
the worst quarterly news in the firm's 93-year history.
Perhaps Stan O'Neal's astrologer should have warned him of the
challenges facing him. After all, transiting Saturn is now
simultaneously conjoining his natal Pluto/Apollon midpoint and forming a
stressful sesquiquadrate to his natal Admetos. That combination of
factors is all about slamming the breaks on in what otherwise might have
been an expansive situation. On top of that, O'Neal's second Saturn
return will also be coming up soon, so his troubles may be far from over.
VIDEOS ONLINE
If you're interested in astrological market forecasting, you may want to
take a look at the video clips from all of my recent appearances with
Michael Yorba on the Commodity Classics program. You can view them on my
website by clicking on this link:
http://www.timbost.com/publications/videogallery.html
.
LOWER PRICE FOR ECLIPSE
REPORT
Even though the Solar Eclipse of September 11, 2007 is now history, its
effects are still being felt in the markets. You can find full details,
along with specific dates of eclipse triggers and specific trading ideas
to take advantage of the eclipse energy, in my monograph on The Solar
Eclipse of September, 2007: Its Impact on the Markets, which is
available as a downloadable pdf file on my website at
http://www.timbost.com/publications/books.html
.
Best of all, there has now been a 90 percent reduction in the price of
this exciting 38-page report! Copies were available prior to the eclipse
at $99 each; you can get your copy right away for just $9.87 when you
place your order for the report at
http://www.timbost.com/publications/books.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, 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 ICSC-UBS
Store Sales, MBA Purchase Applications, Consumer Confidence, ADP
Employment Report, Employment Cost Index, GDP, NAPM Chicago Report,
Construction Spending, the EIA Petroleum Status Report, the EIA Natural
Gas Report, Farm Prices, Monster Employment Index, Challenger Job-Cut
Report, Personal Income and Outlays, ISM Manufacturing Index, Pending
Home Sales, Motor Vehicle Sales, Employment Situation, Factory Orders,
Jobless Claims, and the Money Supply.
With so much emphasis on employment numbers this week, the figures will
be interesting to watch, especially with Mercury and Neptune both
stationary. But even though there's plenty going on this week that can
potentially drive the markets, the really big news is that the Federal
Reserve Open Market Committee is meeting again to smoke over interest
rates. The Fed meeting starts on Tuesday and ends on Wednesday, with a
void-of-course Moon and Neptune just hours away from its direct station.
ASTROLOGICAL DYNAMICS
Although the current Mercury retrograde period encourages us to keep up
a high level of caution in our approach to the markets this week,
virtually all of the planetary indicators at work suggest a week of
higher stock prices.
Monday begins with a waning Venus/Jupiter square prior to the opening
bell, which is a positive indicator, but its impact may be tempered
somewhat by the heliocentric Mercury/Mars conjunction near the middle of
the trading day. The waxing Venus/Neptune trine that evening is likely
to assure a positive finish to the trading day, but I'll be closing up
shop early because of a void-of-course Moon kicks in about 10 minutes
prior to the closing bell.
Tuesday is the one day in the week which may see a pullback in stock
prices, thanks to the waxing Jupiter/Vulcanus biquintile early that
morning. On Wednesday the Sun/Poseidon conjunction, the heliocentric
Mercury/Cupido opposition, and the Neptune direct station all presage a
bullish market environment. However, there's a void-of-course Moon that
starts at lunchtime and stays in effect for the rest of the trading day,
so I'll be stepping aside from active trading that afternoon.
The waning Mars/Zeus square about an hour before Thursday's opening bell
is a positive signal for the markets, but the Mercury direct station
that evening may flatten out the trading volume for the closing sessions
of the week. Friday brings an amazing array of heliocentric aspects,
with Mercury, Venus, and Hades lining up in opposition to Jupiter and
Pluto. This should provide a very memorable close to the trading week!
Throughout this trading week I will be tracking heliocentric
fourth-harmonic planetary lines (H, 45,N,-2) for Mercury, Venus, Mars,
Jupiter, Pluto, Cupido, and Hades, using the Fibonacci/Galactic Trader
software from P.A.S. to follow the active planetary support and
resistance in real time.
Have a great week!
*****
SPIRITUAL FOCUS FOR THE
WEEK
Many of history's most successful traders have clearly understood that
emotional equilibrium is the key to effective trading. Through Practical
Spiritual Astrology we have an opportunity to restore inner harmony,
enhance emotional balance, and make wiser choices in the markets.
Now that we are past the Full Moon it will be
more apparent to us that
we live in the midst of true abundance, in a state of grace that
perpetually opens up the possibility of harmony and cooperation. By
focusing and fine-tuning our energies now, we can readily discover rich
new opportunities for material and spiritual wealth. By opening
ourselves to the influx of higher consciousness, we can gain new levels
of personal assurance that our unselfish dedication to higher values
will never be in vain.
"If you help others, you will be helped, perhaps tomorrow, perhaps in
100 years, but you will be helped. Nature must pay off the debt. . . It
is a mathematical law and all life is mathematics." --Gurdjieff
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
It was a week of extremes in global stock markets, with U.S. equities
posting gains but failing to make up for the deficits of the previous
week, most of Europe staying flat despite a strong showing in London,
and some positive action in Mexico and Brazil. In the Pacific, the
picture was decidedly mixed, with Hong Kong continuing to gain and Tokyo
continuing to lose. The biggest move for the week, however, was in
India, with the Bombay SENSEX up almost 10% for the week.
Dow Jones Industrial Average -- up 2.11%
Dow Jones Transportation Average -- up 1.37%
Dow Jones Utilities Average -- up 4.80%
S+P 500 -- up 2.31%
NASDAQ Composite Index -- up 2.90%
Russell 2000 -- up 2.83%
London FTSE-100 -- up 2.40%
Amsterdam Index -- down 0.71%
Paris CAC-40 -- up 0.95%
Frankfurt DAX -- up 0.83%
Mexico Index -- up 1.32%
Sao Paulo BOVESPA -- up 5.55%
Sydney All Ordinaries -- down 0.10%
Bombay SENSEX -- up 9.59%
Tokyo Nikkei Index -- down 1.84%
Shanghai Composite Index -- down 3.93%
Hong Kong Hang Seng Index -- up 3.19%
Singapore Straits Times Index -- up 0.63%
*****
U.S. EQUITY TRENDS
Even though U.S. stock prices advanced last week, they didn't make up
for the ground lost during the previous week's trading. All of our
underlying trend indicators for the U.S. indices thus remain intact at
this time, so the overall bias from a technical standpoint remains
cautiously bullish. However, a selling challenge to any of the specific
support zones for any of the indices would be extremely bearish at this
point, signaling much lower prices 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.
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 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 -- I noted last week that I was "looking for some short-term
corrective action in Gold trading," but that proved to be the case for
just a couple of days, with the metal making another strong move upward
at the end of the trading week. My models continue to show the
likelihood of some congestion and a slow down in the momentum for this
market, but in recent weeks this overheated market has thrown the models
out the window. So while I'm still looking for a minor pull-back in
Gold, longer-term the trend for this metal is decidedly to the upside.
SILVER -- Although Silver finished last week with another solid upward
move in tandem with Gold, during the week ahead I'm anticipating some
divergence between the two metals, with Silver initiating a price
pull-back by the middle of the trading week. If that materializes, it's
likely to open up a good buying opportunity for a week or two.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED DURING THE
PREVIOUS WEEK: GE, VIVO, TRA.
We closed three trades during the previous week, with two winners and
one loser bringing us a net loss of $147.00.
We sold 2 General Electric (GE) December 2007 $40 calls at 1.60 on
10/22/07, taking a profit of $20.00 (a 6.67% gain in 73 trading days).
We bought to cover 400 shares of Meridian Bioscience Inc. (VIVO) at
30.50 on 10/25/07, taking a profit of $400.00 (a 3.17% gain in 8 trading
days).
We bought to cover 300 shares of Terra Industries Inc. (TRA) at 35.40 on
10/25/07, taking a loss of $567.00 (a 5.6% loss in 6 trading days).
*****
POSITIONS ADDED TO THE
PORTFOLIO DURING THE PREVIOUS WEEK:
PXD, APH, B, PRE, TRA.
We added three short positions and two long positions to the Model
Portfolio last week.
We sold short 200 shares of Pioneer Natural Resources Company (PXD) at
47.00 on 10/22/07, with an initial buy stop set at 49.50.
We sold short 200 shares of Amphenol Corporation (APH) at 43.66 on
10/25/07, with an initial buy stop set at 45.05.
We bought 400 shares of Barnes Group Inc. (B) at 34.80 on 10/25/07, with
an initial stop set at 30.00.
We sold short 100 shares of PartnerRe Ltd. (PRE) at 82.11 on 10/25/07,
with an initial buy stop set at 85.50.
.
We bought 300 shares of Terra Industries Inc. (TRA) at 35.40 on
10/25/07, with an initial stop set at 32.00.
****
REVIEW OF PREVIOUS MODEL
PORTFOLIO ACTIVITY
So far this year we have had a total of 129 completed trades, with 56
winners and 73 losers bringing us a total net profit of $2,954.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $449.63; the largest single-trade loss has been $1,224.00,
with our losers averaging $308.21. The overall average profit per trade
has been $22.90, and the mean duration of our trades has been 10.3
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
Amphenol Corporation (APH) -- sold short 200 shares at 43.66 on
10/25/07; currently 44.87. Lower buy stop to 45.00.
Barnes Group Inc. (B) -- bought 400 shares at 34.80 on 10/25/07,
currently 36.10. Raise stop to 34.25.
Copart Inc. (CPRT) -- bought 6 January 2008 $30 calls at 2.25 on
08/20/07; currently 8.40. Hold.
Eaton Corporation (ETN) -- sold short 100 shares at 93.06 on 10/19/07;
currently 92.49. Lower buy stop to 93.76.
General Electric Company (GE) -- bought 4 December 2007 $40 calls at
1.50 on 07/10/07; currently 1.74. Hold.
Oshkosh Truck Corporation (OSK) -- bought 3 January 2008 $65 calls at
2.95 on 10/12/07; currently 0.70. Hold.
PartnerRe Ltd. (PRE) -- sold short 100 shares at 82.11 on 10/25/07;
currently 82.49. Lower buy stop to 83.25.
Pioneer Natural Resources Company (PXD) sold short 200 shares at 47.00
on 10/22/07; currently 49.11. Lower buy stop to 49.25.
Randgold Resources Ltd. ADS (GOLD) -- bought 400 shares at 23.59 on
08/14/07; currently 37.28. Raise stop to 35.15 on a close-only basis.
Terra Industries Inc. (TRA) -- bought 300 shares at 35.40 on 10/25/07;
currently 35.40. Raise stop to 32.95.
*****
MARKET SECTOR STRENGTH
AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Medical Practitioners; Education and Training Services; Residential
Construction; Wholesale Computers; Internet Information Providers.
WEAKEST MARKET SECTORS
LAST WEEK:
Surety and Title Insurance; Health Care Plans; Security Software and
Services; Confectioners; CATV Systems.
*****
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 28
Mars in 24th Harmonic to Vulcanus 00:02 EDT
Mercury conjunct Apollon 00:30 EDT
Mars square 10/03/05 Solar Eclipse point 00:32 EDT
Heliocentric Mercury quincunx Heliocentric Apollon 02:16 EDT
Venus crossing Universal Clock 24 Line 02:48 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 03:30 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Kronos 03:51 EDT
Heliocentric Mercury quincunx Heliocentric Jupiter 06:28 EDT
Heliocentric Mercury semisextile Heliocentric Hades 06:30 EDT
Mercury square Vulcanus 06:56 EDT
Mercury conjunct 08/28/07 Lunar Eclipse antiscion 08:38 EDT
Heliocentric Jupiter opposition Heliocentric Hades 09:06 EDT
Heliocentric Venus quintile Heliocentric Saturn 10:53 EDT
Heliocentric Mercury quincunx Heliocentric Pluto 14:01 EDT
Heliocentric Mars semisextile Heliocentric Kronos 14:16 EDT
Moon crossing Universal Clock 24 Line 15:20 EDT
Heliocentric Mercury quintile Heliocentric Uranus 17:09 EDT
True Lunar Node biquintile Zeus 17:49 EDT
Sun trine True Lunar Node 18:21 EDT
Heliocentric Mercury enters Gemini 20:07 EDT
Venus conjunct 09/11/07 Solar Eclipse point 21:36 EDT
Mars quincunx Chiron 23:25 EDT
Heliocentric Mercury square Heliocentric Saturn 23:50 EDT
October 29
Heliocentric Mercury biquintile Heliocentric Apollon 01:34 EDT
Venus square Jupiter 05:07 EDT
Mercury quincunx Admetos 07:12 EDT
Venus quincunx Neptune 08:46 EDT
Heliocentric Mercury semisextile Heliocentric Kronos 09:32 EDT
Heliocentric Mercury conjunct Heliocentric Mars 11:20 EDT
Venus contraparallel Zeus 13:03 EDT
Sun crossing Universal Clock 24 Line 15:41 EDT
Void-of-Course Moon 15:50-20:49 EDT
Heliocentric Venus trine Heliocentric Neptune 18:51 EDT
Venus opposition 10/03/05 Solar Eclipse antiscion 19:30 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Venus 19:49 EDT
Heliocentric Earth semisextile Heliocentric Mercury 19:53 EDT
Heliocentric Earth semisquare Heliocentric Venus 20:22 EDT
Sun sextile Saturn 23:41 EDT
Jupiter sextile Neptune 23:57 EDT
October 30
Mercury opposition 10/17/05 Lunar Eclipse point 00:29 EDT
Heliocentric Mercury quincunx Heliocentric Poseidon 01:53 EDT
Jupiter biquintile Vulcanus 05:27 EDT
Moon crossing Universal Clock 24 Line 06:55 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Admetos 07:46 EDT
Heliocentric Mercury semisquare Heliocentric Vulcanus 08:52 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Apollon 12:06 EDT
Heliocentric Mercury trine Heliocentric Zeus 13:19 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Hades 16:13 EDT
Heliocentric Venus sesquiquadrate Heliocentric Poseidon 19:24 EDT
October 31
Heliocentric Mercury biquintile Heliocentric Poseidon 00:45 EDT
Heliocentric Mercury opposition Heliocentric Cupido 01:42 EDT
Heliocentric Mercury trine Heliocentric Chiron 03:05 EDT
Sun conjunct Poseidon 09:25 EDT
Heliocentric Earth opposition Heliocentric Poseidon 09:35 EDT
Sun parallel Poseidon 10:07 EDT
Venus conjunct 03/29/06 Solar Eclipse antiscion 12:32 EDT
Venus in 24th Harmonic to Saturn 13:12 EDT
Void-of-Course Moon begins 13:13 EDT
Heliocentric Mercury square Heliocentric Uranus 14:08 EDT
Heliocentric Earth biquintile Heliocentric Cupido 15:37 EDT
Neptune direct station 16:07 EDT
Heliocentric Venus semisextile Heliocentric Admetos 18:20 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Kronos 18:45 EDT
Heliocentric Mercury quintile Heliocentric Saturn 20:59 EDT
Heliocentric Venus semisextile Heliocentric Vulcanus 22:36 EDT
November 1
Void-of-Course Moon ends 00:48 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Mars 01:47 EDT
Sun in 24th Harmonic to Mercury 02:01 EDT
Heliocentric Mercury trine Heliocentric Neptune 04:44 EDT
Jupiter square 10/03/05 Solar Eclipse antiscion 07:14 EDT
Mars square Zeus 08:23 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Poseidon 10:57 EDT
Heliocentric Venus trine Heliocentric Apollon 11:12 EDT
Mars square 09/11/07 Solar Eclipse antiscion 13:46 EDT
Heliocentric Earth semisquare Heliocentric Mercury 15:43 EDT
Heliocentric Mercury semisextile Heliocentric Admetos 16:49 EDT
Heliocentric Mercury semisextile Heliocentric Vulcanus 17:54 EDT
Mercury direct station 18:59 EDT
Venus semisquare Poseidon 19:31 EDT
True Lunar Node direct station 20:04 EDT
Heliocentric Mercury trine Heliocentric Apollon 21:07 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Admetos 22:37 EDT
November 2
Heliocentric Mercury conjunct Heliocentric Venus 00:32 EDT
Heliocentric Mercury conjunct Heliocentric Hades 01:15 EDT
Heliocentric Mercury opposition Heliocentric Jupiter 02:40 EDT
Heliocentric Venus conjunct Heliocentric Hades 03:21 EDT
Heliocentric Mercury opposition Heliocentric Pluto 08:39 EDT
Heliocentric Venus opposition Heliocentric Jupiter 09:10 EDT
Venus quintile Mars 09:30 EDT
Mercury semisextile Venus 10:34 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Chiron 12:14 EDT
Heliocentric Mercury enters Cancer 14:34 EDT
Heliocentric Mercury sextile Heliocentric Saturn 18:54 EDT
Moon crossing Universal Clock 24 Line 20:34 EDT
November 3
Void-of-Course Moon 03:13-08:45 EDT
Heliocentric Mercury conjunct Heliocentric Kronos 03:54 EDT
Sun square Chiron 05:38 EDT
Sun in 24th Harmonic to Apollon 06:43 EDT
Venus conjunct 03/14/06 Lunar Eclipse point 08:07 EDT
Heliocentric Venus opposition Heliocentric Pluto 08:19 EDT
Heliocentric Earth quincunx Heliocentric Zeus 09:30 EDT
Venus trine Admetos 11:28 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Neptune 14:01 EDT
Heliocentric Mercury semisextile Heliocentric Mars 16:18 EDT
True Lunar Node retrograde station 16:27 EDT
Zeus opposition 09/11/07 Solar Eclipse antiscion 18:17 EDT
Heliocentric Mercury trine Heliocentric Poseidon 20:18 EDT
Sun semisextile Zeus 20:54 EDT
Heliocentric Venus sesquiquadrate Heliocentric Chiron 22:32 EDT
Heliocentric Mercury biquintile Heliocentric Chiron 22:53 EDT
November 4
Daylight Saving Time Ends 02:00 EDT
Heliocentric Mercury semisquare Heliocentric Admetos 01:16 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Vulcanus 02:22 EST
Heliocentric Earth semisquare Heliocentric Hades 02:55 EST
Venus biquintile Neptune 04:16 EST
Venus sextile Vulcanus 05:02 EST
Sun parallel Neptune 05:39 EST
Heliocentric Venus enters Cancer 06:15 EST
Sun trine Mars 06:17 EST
Heliocentric Mercury square Heliocentric Zeus 06:53 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Hades 09:51 EST
Heliocentric Earth sextile Heliocentric Mercury 11:11 EST
Venus sesquiquadrate Chiron 12:22 EST
Venus semisextile Apollon 13:21 EST
Mercury opposition 10/17/05 Lunar Eclipse point 15:18 EST
Heliocentric Earth sesquiquadrate Heliocentric Jupiter 16:44 EST
Sun semisquare Pluto 18:44 EST
Moon crossing Universal Clock 24 Line 18:51 EST
Heliocentric Mercury quincunx Heliocentric Cupido 19:38 EST
Sun conjunct 02/07/08 Solar Eclipse point 21:00 EST
Heliocentric Mercury quincunx Heliocentric Chiron 21:16 EST
Sun sesquiquadrate Hades 22:02 EST
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: CBI, SAN, X.
Chicago Bridge and Iron Company NV (CBI)
NYSE; optionable
First Trade Date: 03/27/1997; 09:30 a.m.
Chicago Bridge and Iron Company recently got a $160 million contract for
the expansion of an Alabama refinery, and then added some more good news
when it cleared an antitrust regulatory review that will let it move
forward in its acquisition of Lummus Global. All this has been happening
as transiting Jupiter has been moving toward the CBI First-Trade
Descendant, so not surprisingly the stock is currently trading about 15%
higher than it was two months ago. Jupiter will cross that angle in the
CBI First-Trade horoscope on November 7, and after that we expect to see
this stock heading south. In the meantime, however, the company will be
holding an analyst conference call to discuss its Third Quarter numbers.
That comes this Wednesday, with transiting Venus square the CBI
First-Trade Ascendant and quincunx First-Trade Mercury. That positive
atmosphere should play out with some fresh enthusiasm for this stock,
providing a good opportunity for selling CBI short near the end of the
current trading week. We will set our initial buy stop at 48.25.
Banco Santander-Chile ADR (SAN)
NYSE; optionable
First Trade Date: 01/13/1997; 09:30 a.m.
The stock for the largest bank in Chile has been moving up nicely in the
last few months, and is currently trading above its 13-day moving
average. Transiting Jupiter crossed the SAN First-Trade Midheaven early
last week, just before Chile's Banking and Financial Institutions
Superintendency announced that profits in the country's banking sector
had fallen by 1.7% during the first nine months of 2007. Next in line is
transiting Uranus, which will form a square to the SAN First-Trade Hades
on November 5, paving the way for transiting Saturn's passage over the
First-Trade Descendant on November 9. That looks like an excellent
set-up for a short sale, so that's what we plan to do, late in the
current trading week. We will set our initial buy stop at 58.25.
United States Steel Corporation (X)
NYSE; optionable
First Trade Date: 04/12/1991; 09:30 a.m.
We got strong signs of a positive breakout for this stock on Friday,
following five weeks of fairly congested trading. Transiting Jupiter
will conjoin the X First-Trade Descendant in about 10 days, at the same
time it forms an opposition to First-Trade Kronos. While that ordinarily
might suggest declining prices to follow, in this case the Jupiter
transit over an angle in the First-Trade chart is followed by a string
of positive planetary aspects, including Venus sextile First-Trade
Jupiter, Uranus trine First-Trade Vulcanus, and Jupiter trine the
First-Trade Sun. Our plan is thus to take an immediate long position in
X; we will set our initial stop at 99.65.
*****
FINANCIAL CYCLES WEEKLY
(ISSN 1055-8527) is published by Taylor-Bost
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