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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
Comment
Sliding Southward
Barely Bearish
Filling Up on Politics
Lieutenant Bernanke Goes to the Hill
See Tim on TV
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:
"Did we sneeze? Did we sneeze?" That was the question from a
loyal reader after Friday's market close, who called me in response to
my comment in the special alert that went out on Thursday, warning my
clients and readers that "the closing prices Wednesday in all the U.S.
equity indices came within sneezing distance of the support zones that
indicate a significant change in trend."
We did in fact sneeze, and quite vigorously at that. Before we could
reach for a handkerchief the short-term market support had vanished.
ON THE WAY DOWN
That vanishing act clears the way for further downside action. The
losses in the stock market aren't over yet, and anyone who's looking for
bargain prices right now has an extremely short-term perspective. While
some individual issues might conceivably be attractive at current
prices, I think it's clear that we are still a long way from a bottom
yet. There's also a good chance that there will continue to be serious
international repercussions from the sell-off on Wall Street, the
ever-expanding credit crisis, and the nagging weaknesses in the economic
fundamentals. The markets in the U.S. are also far from insulated from
equities trends in other corners of the world, so it's entirely possible
that the growing weakness will begin to feed on itself, stepping up the
downside pressure enormously.
NOT QUITE GROWLING
That's not to say that I've suddenly been converted to a raging bear.
While the short-term outlook is decidedly bearish in the equities
markets, we still haven't taken out the August lows and there are in
fact a few points of light here and there amid the pervasive doom and
gloom in the economic reports and earnings announcements. There are also
clearly some fairly potent forces at work behind the scenes that don't
want stock prices to drop much further; they were very much in evidence
near the closing bell on Thursday, when an overwhelmingly down day
turned into what looked more like mild selling.
With these kind of factors at play in the current
market environment, we
may even see stocks in the U.S. bounce back a bit this week, but if that
happens I won't be ready to trust it as a positive signal without
getting a considerable amount of additional confirmation.
For my own part, I'm currently tightening up my stops, looking for
opportunities to take profits, and unloading losing positions as
gracefully as possible. Right now I'm watching some prospective long
positions as well as some short ones, and am anticipating a much more
aggressive approach to short selling in the coming weeks. Who knows?
This market may yet get me out of hibernation!
POLITICS AT THE PUMP
The latest polls of U.S. voters have revealed that even though more
American lives have been lost in Iraq so far in 2007 than in any
previous year during the war's history, the consequences of the conflict
there are no longer the top issues that people are pondering as they
think about who will get their votes for president.
Once again, the hot issue is now the economy.
When I heard this news, I started wondering about what had so
dramatically shifted this perception in the minds of prospective voters.
Was it losing a job, or personally knowing someone who has been laid off
or had a job outsourced? Was it facing the fact that the U.S. dollar now
buys less and less of everything, so that a trip to the grocery store
now requires supplemental funding? Or was it the experience of not being
able to find a buyer for real estate that could presumably only go up in
value, while simultaneously trying to figure out why that adjustable
rate mortgage has suddenly gotten adjusted in a very uncomfortable
direction?
All these possibilities were buzzing around in my head when I pulled
into the gas station on the corner to top off the tank. I had certainly
witnessed price increases before, and I know that the Federal Reserve
keeps assuring us that there isn't really any inflation. But this was
the first time I can recall seeing a jump of nearly 7 percent in just a
week's time. Now there's an issue to capture the voters' imagination!
BY THE WAY, M'AM, THERE'S
JUST ONE MORE THING. . . .
It was during the big bear market of the 1970s that actor Peter Falk
became a hit on the TV series "Columbo," where he played the scruffy,
deceptively bumbling police detective Lieutenant Columbo. Falk's
character seemingly never quite got the whole picture, so in conducting
his investigations he was somehow always obliged to ask embarrassingly
obvious questions that typically caused key suspects to slip up and
spill the beans. By craftily concealing his real motivations, his
apparent ignorance was really his greatest strength.
It would be nice to be able to say the same thing about Federal Reserve
Chairman Ben Shalom Bernanke. But in the Chairman's case, it seems
increasingly unlikely that there's some other agenda behind his apparent
confusion.
In Columbo's case, of course, this behavior was a clever ruse to stir up
additional information, the critical information that would make the
difference between guilt and innocence, between life and death. That's
what made the TV program so compelling, and what made Columbo such an
endearing character, with his rumpled raincoat and glass eye enhancing
the persona.
In Dr. Ben's case, however, it's not quite clear what his appearance of
ignorance is all about. After all, he's typically not out looking for
new information, especially when he's testifying before Congress, which
would certainly be the wrong place to go looking for relevant facts. And
anyway, unlike Lieutenant Columbo, he's not there to be asking
questions. He's supposed to be the one providing answers.
Yet during his testimony before Congress last week, he, very much like
Lieutenant Columbo, made it apparent that he doesn't quite get what's
going on, with or without any hidden motivation. At least that seemed to
be the only reasonable conclusion when he talked about the positive
prospects for growth in the economy--slower growth, to be sure, but
growth nevertheless. "We have not calculated the probability of a
recession," the Chairman told Congress. "Our assessment is for slower
growth, but positive."
Some of the members of the congressional committee who were questioning
him clearly hoped that, like Lieutenant Columbo, Dr. Bernanke had some
kind of neat trick up his sleeve--if not a solution to a murder, at
least a hint of another interest rate cut sometime soon.
But they were disappointed, along with everyone on Wall Street with even
a drop of bullish blood in their veins. There aren't any more rate cuts
planned, Uncle Ben told them. Even though he's expecting the economy to
start to "slow noticeably" as the crises in the housing and credit
markets continue to expand, things will apparently have to grind to a
complete standstill before he considers action necessary. For the time
being, everything is just fine.
It's certainly an interesting role that he's playing, but something
seems to be lacking. Maybe if he appeared before Congress sporting a
glass eye and a dirty raincoat he would be a little more convincing, or
at least a little more entertaining.
WATCH COMMODITY CLASSICS
THIS THURSDAY
I'm scheduled to appear as a guest on the Commodity Classics program
this Thursday, November 15, at 4:45 p.m. Central Time (5:45 Eastern). To
watch the show, go to www.mn1.com for the
streaming video. 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.
*****
THE ECONOMIC CALENDAR
The economic reports to watch this week include the Pending Home Sales
Index, the Producer Price Index, the Consumer Price Index, the Treasury
Budget, ICSC-UBS Store Sales, MBA Purchase Applications, Retail Sales,
Business Inventories, the EIA Petroleum Status Report, the EIA Natural
Gas Report, the Philadelphia FED Survey, the Empire State Manufacturing
Survey, Industrial Production, Treasury International Capital, Jobless
Claims, and the Money Supply.
Standard and Poor's will be holding their banking conference in New York
this week, and Federal Reserve Governor Randall Kroszner will be on hand
on Tuesday to deliver the keynote address. Kroszner will also be
addressing a conference of the Institute of International Finance in New
York on Friday. On Wednesday Dallas Federal Reserve Bank President
Richard Fisher will be in Sydney, Australia to talk to the meeting of
the Australian Business Economists about the U.S. and Australian economies.
On Thursday there's a double-header, with Chicago Federal Reserve Bank
President Charles Evans in Chicago to speak about economic mobility and
Kansas City Federal Reserve Bank President Thomas Hoenig in Santa Fe,
New Mexico to talk about the U.S. economic outlook. On Friday Atlanta
Federal Reserve Bank President Dennis Lockhart will be in Montreal
Canada to talk about the southeastern U.S. economy.
That's a busy week, but the leader of the pack will no doubt once again
be Fed Chairman Ben Shalom Bernanke, who will be appearing at the Cato
Institute in Washington, D.C. on Wednesday to talk to their annual
monetary conference about communications from the Federal Reserve.
Communicating about communicating should make for an interesting
presentation, especially since Dr. Ben may take some questions from the
audience.
ASTROLOGICAL DYNAMICS
Mars is currently slowing down and will be making a retrograde station
in the early morning hours of Thursday, November 15. Although the weeks
leading into this station haven't produced the kind of support for
equities prices that I was anticipating, it's nevertheless likely that
the market's move to the downside will intensify as we near the station
and then move into the retrograde period.
The stage is set for some intense market action this week with a
powerful lineup of planetary aspects on Sunday, November 11, including a
waning Mercury/Uranus sesquiquadrate, a waning heliocentric Earth/Kronos
semisquare, a waning heliocentric Mars/Zeus trine, a waning quintile
from Jupiter to the True Lunar Node, and a waxing Sun/Kronos
sesquiquadrate. Monday should see stock prices moving up as some bargain
hunters start sniffing around, helped out by the waxing Venus/Kronos
square and the waning Venus/Neptune sesquiquadrate.
Tuesday begins and ends with eclipse activations, and the day also
brings the entry of heliocentric Mercury into Virgo. Even so, most of
the short-term astrological action that day is likely to have very
little real impact on the trading environment, so I'm expecting
longer-term factors like the eclipse pattern and the pre-retrograde
action from Mars to bring in some emphasis for the bearish side. The net
result is likely to be a pullback in stock prices, with the planetary
factors getting out of the way to let the market fundamentals sink in.
Wednesday, however, should be a positive day for stocks, thanks mainly
to the waxing Mercury/Kronos trine. I think some gains are likely on
Thursday as well, but the picture that day is quite complicated. Not
only will we have the Mars retrograde station that morning; we will also
feel the impact of the waxing heliocentric Earth/Pluto biquintile, the
waning Sun/Jupiter semisextile, the waxing Venus/Vulcanus quintile, and
the waning Venus/Poseidon semisextile. And to top things off, there's a
void-of-course Moon throughout the trading day, so if you think you know
which way the market's going, think again.
Friday's waxing Mercury/Saturn sextile is likely to be a precursor of
positive action for large cap stocks, but it remains to be seen just how
much of that action will actually materialize that day. The weekend
brings some fairly high-powered astrological action, including a
Jupiter/Poseidon semisquare and a Venus/Admetos sesquiquadrate, which
could add significant energy to the market volatility during the
following week.
Throughout this trading week I will be tracking heliocentric
fifth-harmonic planetary lines (H, 72,N,-2) for the Earth, Mercury,
Venus, Jupiter, Neptune, Pluto, Hades, and Poseidon, using the
Fibonacci/Galactic Trader software from P.A.S. to follow the active
planetary support and resistance in real time.
Have a great week!
*****
SPIRITUAL FOCUS FOR THE
WEEK
Many of history's most successful traders have clearly understood that
emotional equilibrium is the key to effective trading. Through Practical
Spiritual Astrology we have an opportunity to restore inner harmony,
enhance emotional balance, and make wiser choices in the markets.
As the Moon increases in light, there is a part
of us that pushes
passionately toward bold new ideas and alluring conceptions, that looks
in the mirror and sees not only who we are and who we have been, but who
we are to become as well. Transforming those thought-forms into outer
manifestation is essentially an automatic process, but we must have real
strength of character if we are to bring them to light without allowing
ourselves to become consumed by ego-born illusions along the way.
"People seem not to see that their opinion of the world is also a
confession of their character." --Ralph Waldo Emerson
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 bears took charge in markets around the world last week, with
significant selling hitting virtually every bourse. Some of the heaviest
losses were in Asia, with Tokyo and Hong Kong down nearly 6% and
Shanghai dropping 8%. The selling wasn't quite as strong in Europe,
however, and in Brazil the BOVESPA stayed firmly locked in its trading
channel and even managed to finish the week with a small gain.
Dow Jones Industrial Average -- down 4.06%
Dow Jones Transportation Average -- down 4.14%
Dow Jones Utilities Average -- down 0.30%
S+P 500 -- down 3.71%
NASDAQ Composite Index -- down 6.49%
Russell 2000 -- down 3.18%
London FTSE-100 -- down 3.46%
Amsterdam Index -- down 4.95%
Paris CAC-40 -- down 3.43%
Frankfurt DAX -- down 0.47%
Mexico Index -- down 5.83%
Sao Paulo BOVESPA -- up 0.42%
Sydney All Ordinaries -- down 1.77%
Bombay SENSEX -- down 4.59%
Tokyo Nikkei Index -- down 5.65%
Shanghai Composite Index -- down 8.00%
Hong Kong Hang Seng Index -- down 5.53%
Singapore Straits Times Index -- down 3.11%
*****
U.S. EQUITY TRENDS
With the heavy selling that hit the equities markets in the U.S. last
week, all of our key short-term support levels were broken, flipping our
basic trend assumptions to the sell side. While there may be some
tempting opportunities for long positions coming up in the near future,
caution demands a bearish stance unless we get technical confirmation of
a solid rally in the making. For now, however, there's still plenty of
air that needs be let out of this stock market bubble.
The Russell 2000 is now on a November 9 short-term sell signal, with a
daily close above 830 needed to reactivate short-term bullishness. Our
August 3 intermediate-term sell signal for the Russell 2000 also remains
firmly in place at this point, with a daily close above 851 currently
required to flip this intermediate-term indicator back to the buy side.
From the long-term perspective, the Russell remains on a November 14,
2006 buy signal, with a daily close below 736 needed to move our
long-term indicator for the Russell to the sell side.
The S+P 500 is currently on a November 9 short-term sell signal, with a
daily close above 1552 required to trigger a reverse short-term
indicator back to the buy side. We still have an August 18, 2006 S+P buy
signal in place for the intermediate term, conforming to our long-term
trend assumptions. A daily close for the S+P below 1364 will signal a
long-term bearish trend, with a close below 1410 turning our
intermediate-term indicator bearish.
While the NASDAQ Composite is still managing to trade above its 200-day
exponential moving average, it unequivocally broke through support on
Thursday to flip our trend indicator. The NASDAQ Composite is now on a
November 8 short-term sell signal, with a daily close above 2861 needed
to reverse our technical trend assumptions back to the buy side. We also
currently remain on an October 13, 2006 intermediate-term buy signal and
an October 13, 2006 long-term buy signal. A daily close below 2451 will
flip our intermediate-term indicator back to the sell side, with a daily
close below 2331 required for a reversal of the long-term buy signal.
S+P 500 -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bearish
NASDAQ -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bearish
RUSSELL 2000 -- Long-Term Bullish; Intermediate-Term Bearish; Short-Term
Bearish
*****
METAL MARKETS
GOLD -- It looks like it's about time for Gold to slow down a bit in its
frenzied climb toward new highs. Rather than anything like a sharp
reversal to the downside, however, I'm anticipating some congested
trading in the yellow metal during the coming weeks, with a good
likelihood that the overall positive trend will continue into the early
part of next year. This is looking more and more like a good time to
start taking profits. Even so, as I noted last week, I'm continuing to
keep my stops set at very generous levels in all the gold-related trades
I'm active in.
SILVER -- Silver continues to show considerable strength, but I don't
think we are too far from an important retracement, perhaps triggered by
the Moon's contraparallel to stationary Mars near the end of this week.
If Silver doesn't back off a bit at that point, the upward pressure is
likely to continue until the Full Moon on November 24.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED DURING THE
PREVIOUS WEEK: GE, X.
We closed two trades during the previous week, with one winner and one
loser bringing us a net loss of $300.00.
We sold 4 December 2007 $40 General Electric (GE) calls at 1.75 on
11/05/07, taking a profit of $100.00 (a 16.67% gain in 83 trading days).
We sold 1 January 2008 $115 United States Steel Corporation (X) call at
$4.50 on 11/05/07, taking a loss of $400.00 (a 47.06% loss in 5 trading
days).
*****
POSITION ADDED TO THE
PORTFOLIO DURING THE PREVIOUS WEEK: CSX.
We added one long position to the Model Portfolio last week.
We bought 300 shares of CSX Corporation (CSX) at $43.00 on 11/05/07,
with an initial stop set at 38.00.
****
REVIEW OF PREVIOUS MODEL
PORTFOLIO ACTIVITY
So far this year we have had a total of 135 completed trades, with 57
winners and 78 losers bringing us a total net profit of $1,554.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $443.49; the largest single-trade loss has been $1,224.00,
with our losers averaging $307.68. The overall average profit per trade
has been $11.51, and the mean duration of our trades has been 10.6
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
Banco Santander-Chile ADR (SAN) -- sold short 200 shares at 50.94 on
11/02/07; currently 47.81. Lower buy stop to 50.35.
Chicago Bridge and Iron Company NV (CBI) -- sold short 200 shares at
54.50 on 11/02/07; currently 52.75. Lower buy stop to 54.25.
Copart Inc. (CPRT) -- bought 6 January 2008 $30 calls at 2.25 on
08/20/07; currently 6.41. Sell at 6.40 limit.
CSX Corporation (CSX) -- bought 300 shares at $43.00 on 11/05/07;
currently 43.56. Raise stop to 43.30.
Eaton Corporation (ETN) -- sold short 100 shares at 93.06 on 10/19/07;
currently 88.50. Lower buy stop to 90.85.
Oshkosh Truck Corporation (OSK) -- bought 3 January 2008 $65 calls at
2.95 on 10/12/07; currently 0.30. Hold.
Randgold Resources Ltd. ADS (GOLD) -- bought 400 shares at 23.59 on
08/14/07; currently 37.40. Stop set at 35.60 on a close-only basis.
Terra Industries Inc. (TRA) -- bought 300 shares at 35.40 on 10/25/07;
currently 37.94. Raise stop to 37.35.
*****
MARKET SECTOR STRENGTH
AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Internet Service Providers; Surety and Title Insurance; Hospitals; Home
Furnishing Stores; Farm Products.
WEAKEST MARKET SECTORS
LAST WEEK:
Toy and Hobby Stores; Major Airlines; Networking and Communications
Devices; Recreational Goods; Security Software and Services.
*****
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.
November 11
Mercury sesquiquadrate Uranus 00:28 EST
Heliocentric Earth semisquare Heliocentric Kronos 01:57 EST
Mercury enters Scorpio 03:31 EST
Heliocentric Mercury opposition Heliocentric Neptune 07:24 EST
Heliocentric Mars trine Heliocentric Zeus 07:46 EST
Heliocentric Venus in 24th harmonic to Heliocentric Hades 09:21 EST
Jupiter quintile True Lunar Node 10:11 EST
Heliocentric Mercury quintile Heliocentric Mars 15:30 EST
Sun sesquiquadrate Kronos 16:49 EST
Sun square Neptune 20:41 EST
Sun quintile Saturn 21:03 EST
Heliocentric Mercury square Heliocentric Admetos 21:56 EST
Heliocentric Mercury semisextile Heliocentric Vulcanus 23:16 EST
November 12
Venus quincunx True Lunar Node 00:51 EST
Heliocentric Mercury sextile Heliocentric Apollon 03:14 EST
Heliocentric Mercury quintile Heliocentric Poseidon 04:45 EST
Heliocentric Mercury semisquare Heliocentric Zeus 04:45 EST
Saturn contraparallel True Lunar Node 06:59 EST
Heliocentric Mercury sextile Heliocentric Hades 08:22 EST
Mercury parallel Apollon 09:59 EST
Venus square Kronos 11:35 EST
Heliocentric Mercury trine Heliocentric Jupiter 14:01 EST
Venus sesquiquadrate Neptune 15:25 EST
Heliocentric Mercury trine Heliocentric Pluto 17:49 EST
Heliocentric Mercury semisquare Heliocentric Venus 19:19 EST
Heliocentric Mars in 24th harmonic to Heliocentric Hades 19:24 EST
Mercury contraparallel Saturn 20:51 EST
Moon crossing Universal Clock 24 Line 21:19 EST
Heliocentric Venus quincunx Heliocentric Cupido 22:33 EST
Mercury parallel True Lunar Node 23:47 EST
November 13
Sun opposition 08/01/08 Solar Eclipse antiscion 00:54 EST
Heliocentric Mercury enters Virgo 01:00 EST
Void-of-Course Moon 02:53-08:00 EST
Heliocentric Venus quincunx Heliocentric Chiron 06:09 EST
Heliocentric Mercury conjunct Heliocentric Saturn 08:17 EST
Heliocentric Venus biquintile Heliocentric Neptune 15:26 EST
Mercury trine True Lunar Node 17:23 EST
Heliocentric Earth square Heliocentric Neptune 17:59 EST
Heliocentric Mercury sextile Heliocentric Kronos 18:07 EST
Sun biquintile Hades 18:23 EST
Venus opposition 03/14/06 Lunar Eclipse antiscion 21:42 EST
November 14
Admetos square 08/16/08 Lunar Eclipse point 03:46 EST
Mercury trine Kronos 07:08 EST
Heliocentric Earth biquintile Heliocentric Jupiter 10:33 EST
Heliocentric Venus semisquare Heliocentric Saturn 11:42 EST
Heliocentric Mercury sextile Heliocentric Poseidon 15:29 EST
Mercury parallel Chiron 17:24 EST
Heliocentric Mercury quintile Heliocentric Hades 19:29 EST
Moon crossing Universal Clock 24 Line 20:49 EST
November 15
Heliocentric Venus trine Heliocentric Uranus 00:33 EST
Heliocentric Mercury semisquare Heliocentric Vulcanus 00:55 EST
Heliocentric Earth biquintile Heliocentric Pluto 02:00 EST
Sun semisextile Jupiter 02:11 EST
Mars retrograde station 03:25 EST
Void-of-Course Moon 04:19-18:30 EST
Heliocentric Mercury semisquare Heliocentric Apollon 05:18 EST
Heliocentric Mercury semisextile Heliocentric Zeus 06:58 EST
Venus quintile Vulcanus 08:15 EST
Mercury conjunct 08/16/08 Lunar Eclipse antiscion 09:49 EST
Sun in 24th harmonic to Poseidon 11:43 EST
Venus semisextile Saturn 14:27 EST
Mercury crossing Universal Clock 24 Line 15:44 EST
Heliocentric Venus in 24th harmonic to Heliocentric Kronos 16:40 EST
Heliocentric Mercury square Heliocentric Mars 19:11 EST
Venus semisextile Poseidon 23:20 EST
November 16
Heliocentric Mercury square Heliocentric Cupido 00:18 EST
Heliocentric Mercury quincunx Heliocentric Chiron 03:13 EST
Heliocentric Mercury quintile Heliocentric Kronos 08:03 EST
Venus opposition 03/29/06 Solar Eclipse point 12:57 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Saturn 14:04 EST
Heliocentric Venus biquintile Heliocentric Cupido 15:37 EST
Moon crossing Universal Clock 24 Line 17:47 EST
Mercury sextile Saturn 18:19 EST
Heliocentric Mercury opposition Heliocentric Uranus 18:32 EST
Heliocentric Earth conjunct Heliocentric Admetos 20:31 EST
Sun opposition Admetos 20:39 EST
Sun square 08/16/08 Lunar Eclipse point 21:26 EST
Sun contraparallel Admetos 21:51 EST
Mercury semisquare Jupiter 23:53 EST
Venus biquintile True Lunar Node 23:58 EST
November 17
Mercury conjunct Poseidon 00:07 EST
Jupiter semisquare Poseidon 01:31 EST
Heliocentric Mars biquintile Heliocentric Poseidon 02:24 EST
Heliocentric Earth sextile Heliocentric Vulcanus 03:18 EST
Venus sesquiquadrate Admetos 05:07 EST
Heliocentric Venus quincunx Heliocentric Neptune 08:36 EST
Heliocentric Mercury biquintile Heliocentric Chiron 12:03 EST
Heliocentric Mercury quincunx Heliocentric Neptune 15:23 EST
Heliocentric Mars opposition Heliocentric Cupido 16:02 EST
Sun trine Vulcanus 18:30 EST
Heliocentric Mercury sextile Heliocentric Venus 19:36 EST
Void-of-Course Moon begins 21:51 EST
Heliocentric Earth quincunx Heliocentric Apollon 23:34 EST
November 18
Heliocentric Mercury semisquare Heliocentric Poseidon 00:15 EST
Mercury square 08/01/08 Solar Eclipse point 01:49 EST
Void-of-Course Moon ends 02:14 EST
Venus conjunct 10/03/05 Solar Eclipse point 02:27 EST
Heliocentric Earth sesquiquadrate Heliocentric Zeus 07:22 EST
Vulcanus square 08/28/07 Lunar Eclipse antiscion 07:23 EST
Heliocentric Mercury trine Heliocentric Admetos 09:02 EST
Sun semisextile Apollon 09:04 EST
Heliocentric Mercury sextile Heliocentric Vulcanus 10:39 EST
Moon crossing Universal Clock 24 Line 12:11 EST
Venus in 24th harmonic to Apollon 14:19 EST
Heliocentric Mercury semisextile Heliocentric Apollon 15:36 EST
Venus trine Chiron 16:51 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Zeus 17:31 EST
Heliocentric Mars trine Heliocentric Chiron 18:53 EST
Heliocentric Earth trine Heliocentric Mercury 20:50 EST
Heliocentric Mercury square Heliocentric Hades 22:04 EST
Venus opposition 09/11/07 Solar Eclipse antiscion 22:12 EST
Mercury in 24th harmonic to Apollon 23:02 EST
Sun semisquare Zeus 23:23 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: ATW, MCRI.
Atwood Oceanics Inc. (ATW)
NYSE; optionable
First Trade Date: 08/06/1997; 09:30 a.m.
Atwood Oceanics is involved in offshore oil drilling and exploration,
providing equipment and consulting services as well as operating its own
fleet of drilling rigs. With rising oil prices, ATW stock has done well
this year, with the exception of a pullback in July and August when
transiting Jupiter was stationary in a semisquare to First-Trade Mars.
Now Jupiter is getting ready to cross the First-Trade IC, and the
prospects for even more price expansion look good for this stock, with
planetary support coming from the True Lunar Node trine First-Trade
Poseidon and square First-Trade Pluto, transiting Jupiter in opposition
to First-Trade Kronos, and transiting Cupido trine the ATW First-Trade
Sun. Our plan is to add a long position to the Model Portfolio near the
beginning of the trading week; if we buy the underlying equity we will
set our initial stop at 76.00.
Monarch Casino and Resort (MCRI)
NASDAQ; optionable
First Trade Date: 08/06/1993; 09:30 a.m.
Founded in 1972 and based in Reno, Nevada, this company, through its
wholly-owned subsidiary, Golden Road Motor Inn, Inc., operates the
Atlantis Casino Resort Spa in Reno. This stock displayed some
interesting dynamics in early August when transiting Jupiter made a
direct station sesquiquadrate to First-Trade Mercury: MCRI sold off
sharply for a couple of days, and then bounced back just as sharply when
Nollenberger Capital upgraded the stock from Neutral to Buy. Now
transiting Jupiter is getting ready to cross the MCRI First-Trade IC,
and later in the year transiting Saturn will be closing in on a
semisquare to First-Trade Mercury as it slows down for its retrograde
station. These factors, along with some other astrological
configurations later in the year like transiting Hades square
First-Trade Mars, encourage us to sell MCRI short early in the trading
week. We will set our initial buy stop at 31.00 for a position in the
underlying equity.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
by Taylor-Bost
Consulting and edited by Tim Bost at 2132 Beneva Road, Sarasota, FL
34232 USA. Phone: 941-921-2588. Fax: 941-927-5798. Web:
http://www.TimBost.com. Entire contents
© copyright 2007 Timothy L.
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FINANCIAL CYCLES WEEKLY is to foster the growth of person-centered
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CYCLES WEEKLY is a general interest publication which is prepared from
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