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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
Comment
Measuring the Price of Oil
Unlikely Cuts
Archived Videos
Broker Bucks
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:
Stocks turned in an amazingly volatile performance last week,
highlighted by Tuesday's spectacular climb in the blue chips, with the
Dow Industrials up almost 320 points for the day.
While the newspaper headlines and TV financial programs crowed about
this spectacular result, they generally ignored the fact that there
hadn't been an accompanying surge in volume to go along with the surging
prices. As far as I'm concerned, there is still a lot of downside
potential ahead of us in the stock market, and I'm looking for declining
prices into mid-December. While the week of the Thanksgiving holiday is
typically kind to stock prices, we may even see a little selling
pressure between now and Turkey Day as well.
OILY WORRIES
With transiting Saturn conjoining the OPEC natal Pluto and transiting
Poseidon conjoining natal Neptune, it's not surprising to see some
consternation and confusion as OPEC approaches its fourth Jupiter
return. At this weekend's meeting of OPEC members in Riyadh, Saudi
Arabia, there were not only questions about supply dynamics and
production policies. There was also discussion about environmental
issues, and some real wrangling about the high price of crude. The 12
member nations are expected to get about $658 billion in oil revenue
this year, up from $605 billion last year. Even so, Mohamed bin Dhaen
al-Hamli, the oil minister for the United Arab Emirates, called the
current high prices "potentially dangerous, especially if they remain
high. We cannot remain complacent."
For other participants in the meeting, however, the problem was not so
much about the high price of oil, but more about how that price is
measured. Venezuela and Iran have both noted that the cost of oil
wouldn't be going up so much if the U.S. dollar hadn't been losing value
so rapidly. With the dollar as the official currency for denominating
oil prices, the two trends are inextricably linked. But if there's a
switch to the euro or to some other currency for buying and selling oil,
another picture may eventually emerge.
BAD NEWS FOR THE BULLS
The stock market bulls are hungry for another interest rate cut, but it
looks increasingly unlikely that they will be getting one any time soon.
When Federal Reserve Governor Randall Kroszner spoke to the Institute of
International Finance in New York on Friday, he admitted that there are
rough times ahead for the economy, noting that "Conditions for subprime
borrowers will get worse before they get better." Even so, Kroszner
insisted that tough times are not a good enough reason for more interest
rate cuts, at least for the time being. He said that he expects the
economy "to return to its longer-run sustainable rate" after a few
months of rough sledding. I'm not sure what astrological factors he was
considering in reaching that conclusion.
VIDEO IN THE ARCHIVES
My appearance on the Commodity Classics program with Michael Yorba last
Thursday went very well, and the video of the show should be available
in the video gallery archive on my website within the next couple of
days. If you're interested in astrological market forecasting, you
should definitely 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
.
BONUSES FOR BROKERS
At this point 2007 is already shaping up to be the worst year for the
securities industry since 2002, with shareholders losing $74 billion of
their equity. At the same time, however, the top Wall Street firms are
set to pay out record bonuses.
According to a report by Bloomberg's Christine Harper, the five biggest
U.S. securities firms will pay out bonuses totaling almost $38 billion
this year. By comparison, the five companies-Goldman Sachs Group Inc.,
Morgan Stanley, Merrill Lynch and Company, Lehman Brothers Holdings
Inc., and Bears Stearns Companies-paid $36 billion to their employees in
2006.
This year's bonuses, split among 186,000 workers at the five firms,
average out to about $201,500 per person. Harper writes that "The bigger
bonus pool derives from a record $9 billion of fees for arranging
acquisitions and $5 billion for underwriting initial public offerings
and sales of junk bonds, the most lucrative securities, Bloomberg data
show. Bankers' record fees help explain why 2007 will prove to be the
industry's second-most profitable after the subprime mortgage market
collapse led to losses at Merrill and Bear Stearns. The last time
bonuses declined was 2002 when the Standard & Poor's 500 Index fell 23
percent, and Enron Corp. and WorldCom Inc. went bankrupt."
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
With the Thanksgiving holiday shutting down government offices as well
as all U.S. markets on Thursday, this will be a very slow week for
economic reports. Even so, we will want to keep an eye on the Housing
Market Index, Housing Starts, ICSC-UBS Store Sales, MBA Purchase
Applications, the State Street Investor Confidence Index, the EIA
Petroleum Status Report, the EIA Natural Gas Report, Consumer Sentiment,
Leading Indicators, Jobless Claims, and the Money Supply.
On Tuesday the Federal Reserve will release the minutes of its Open
Market Committee's October meeting. There aren't likely to be any
surprises here, but if there's any nuance that suggests a cause for
interest rate optimism, we are sure to hear about it. On Monday,
Tuesday, and Wednesday Minneapolis Federal Reserve Bank President Gary
Stern will be in Singapore to speak at a forum on global credit and
operational risk. As the value of the U.S. dollar continues to erode,
the Fed is clearly interested in keeping communications flowing
internationally at every available opportunity.
ASTROLOGICAL DYNAMICS
We have a week ahead of us that may start off sluggishly and end with
light trading volume, but we are heading into a powerful combination of
factors next weekend that have the potential to bring major surprises to
the market environment.
The Venus/Zeus conjunction in the early morning hours on Monday is
likely to be followed by a rising market that takes its time in building
up momentum. As far as trading on Monday itself goes, I expect this
positive energy to be tempered somewhat by the heliocentric
Venus/Vulcanus conjunction that morning, and tempered more strongly by
the entry of heliocentric Mercury in Libra that evening.
That heliocentric Mercury ingress Monday evening is likely to make its
influence felt throughout the rest of the week, adding a negative bias
to the price action in what is ordinarily a positive week, at least as
far as the Thanksgiving holiday is concerned. The Sun's waxing
biquintile to Kronos on Tuesday is a positive indicator, but it is
likely to be overpowered by the waxing Sun/Venus semisquare, bringing
the blue chips lower for the day.
On Wednesday the waning Mercury/Uranus trine adds to the likelihood of
negative prices. It gets some downside reinforcement from the waning
Sun/Chiron quintile, which helps keep prices down for the remainder of
the week before bringing a positive potential a couple of weeks from now.
The markets will be closed on Thursday, but it's nevertheless worth
noting the astrological aspects that occur then, since their influence
will be felt on Friday as well. The entry of the Sun in Sagittarius and
the heliocentric passage of Venus into Leo are both positive market
indicators when considered over a period of a couple of weeks, but in
both cases I expect them to bring a brief pullback first, increasing the
likelihood of a down day on Friday. The heliocentric Mercury/Zeus
conjunction on Thursday is also a negative indicator, adding to the
downside potential for Friday and the following Monday as well.
Friday's heliocentric Jupiter/Pluto conjunction may add some extra
strength to the emerging trends, but it's unlikely to have too much of a
perceived impact on Friday's trading. In fact, the trading scene on
Friday is likely to have weak volume, thanks to a shortened trading day
and the tendency of most traders to take the day off as an extension of
the Thanksgiving holiday. Given the fact that we will have a
void-of-course Moon in play throughout Monday afternoon and evening,
staying away from the markets is probably the wisest choice.
Throughout this trading week I will be tracking heliocentric
fourth-harmonic planetary lines (H, 90,N,-2) for Mercury, Venus,
Jupiter, Pluto, Zeus, Apollon, Kronos, and Vulcanus, 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 and a wonderful holiday!
*****
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.
With Mars now in retrograde motion, we begin
a ten-week opportunity to
reevaluate our most headstrong tendencies, to reclaim the sensitivity
and gentleness within ourselves that can instinctively lead us to wiser
decisions and more life-supporting choices. By aligning our actions with
our thoughts, we can trigger spontaneous flashes of insight that open up
amazing levels of realization and fulfillment. Above all, we can more
fully appreciate the fact that we have already been given everything we
need to prepare ourselves for the enormous spiritual and material
challenges that await us.
"Life is a culmination of the past, an awareness of the present, an
indication of a future beyond knowledge, the quality that gives a touch
of divinity to matter." -Charles Lindbergh
For more astrologically-based spiritual insights
and a free subscription
to our monthly e-zine, be sure to visit
www.PracticalSpiritualAstrology.com.
*****
GLOBAL EQUITIES MARKETS
Stocks were up in Bombay and Latin America last week, but the bears were
still very much in charge in most of the markets around the world. There
were some fairly sharp losses in the Pacific Rim, with the decline in
Europe taking on more modest proportions. In the U.S. some techs and
blue chips managed to keep their heads above water, but there was still
pervasive weakness throughout the market as a whole.
Dow Jones Industrial Average - up 1.03%
Dow Jones Transportation Average - down 0.87%
Dow Jones Utilities Average - down 0.80%
S+P 500 - up 0.35%
NASDAQ Composite Index - up 0.35%
Russell 2000 - down 0.37%
London FTSE-100 - down 0.22%
Amsterdam Index - down 2.07%
Paris CAC-40 - down 0.01%
Frankfurt DAX - down 2.56%
Mexico Index - up 1.55%
Sao Paulo BOVESPA - up 0.45%
Sydney All Ordinaries - down 1.23%
Bombay SENSEX - up 3.36%
Tokyo Nikkei Index - down 2.75%
Shanghai Composite Index - up 0.01%
Hong Kong Hang Seng Index - down 4.06%
Singapore Straits Times Index - down 4.41%
*****
U.S. EQUITY TRENDS
In spite of the fact that the equities indices in the U.S. managed to
finished the trading week on a positive note, I'm not sure that same
upbeat can be sustained for any length of time. In fact, there are
plenty of factors that favor a bearish outlook at this point, in spite
of the fact that we are likely to see a fairly solid Santa Claus rally
at the end of December.
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.
The Russell 2000 gave up some significant ground last week. This index
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.
This is a critical time for the NASDAQ Composite. It is still managing
to trade above its 200-day exponential moving average, but if that
support is broken it will signal much stronger selling pressure to come.
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 - After this metal gapped down sharply last recently, it
immediately rebounded, but is now trading below $800 once again. For
traders who are not already taking profits from long-term bullish
positions, this is a good time for a bit of bargain hunting. As I noted
last week, rather than looking for anything like a sharp reversal to the
downside, 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. I'm
continuing to keep my stops set at very generous levels in all the
gold-related trades I'm active in, since the longer-term picture for
Gold remains extremely bullish.
SILVER - Although Silver has pulled back nearly 10 percent from its high
earlier this month, it is still finding support on the upward trend line
from its mid-August low. I'm expecting the Full Moon on November 24 to
trigger another significant leg upward for Silver futures.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED DURING THE
PREVIOUS WEEK: CPRT, CSX, TRA, ETN.
We closed four trades during the previous week, with four winners
bringing us a net profit of $3,335.00.
We sold 6 January 2008 $30 Copart Inc. (CPRT) calls at 6.40 on 11/12/07,
taking a profit of $2,490.00 (a 184.44% gain in 59 trading days).
We sold 300 shares of CSX Corporation (CSX) at 43.30 on 11/12/07, taking
a profit of $90.00 (a 0.70% gain in 5 trading days).
We sold 300 shares of Terra Industries Inc. (TRA) at 37.17 on 11/12/07,
taking a profit of $531.00 (a 5.00% gain in 12 trading days).
We bought to cover 100 shares of Eaton Corporation (ETN) at 90.82 on
11/14/07, taking a profit of $224.00 (a 2.41% gain in 18 trading days).
*****
POSITION ADDED TO THE
PORTFOLIO DURING THE PREVIOUS WEEK: ATW, MCRI.
We added one long position and one short position to the Model Portfolio
last week.
We bought 200 shares of Atwood Oceanics Inc. (ATW) at 76.25 on 11/12/07,
with an initial stop set at 78.00.
We sold short 400 shares of Monarch Casino and Resort (MCRI) at 28.25 on
11/13/07, with an initial buy stop set at 31.00.
****
REVIEW OF PREVIOUS MODEL
PORTFOLIO ACTIVITY
So far this year we have had a total of 139 completed trades, with 61
winners and 78 losers bringing us a total net profit of $4,889.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $469.08; the largest single-trade loss has been $1,224.00,
with our losers averaging $307.68. The overall average profit per trade
has been $35.17, and the mean duration of our trades has been 11.0
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
Atwood Oceanics Inc. (ATW) - bought 200 shares at 76.25 on 11/12/07;
currently 78.05. Raise stop to 76.50.
Banco Santander-Chile ADR (SAN) - sold short 200 shares at 50.94 on
11/02/07; currently 46.98. Lower buy stop to 49.50.
Chicago Bridge and Iron Company NV (CBI) - sold short 200 shares at
54.50 on 11/02/07; currently 51.18. Lower buy stop to 53.75.
Monarch Casino and Resort (MCRI) - sold short 400 shares at 28.25 on
11/13/07; currently 27.90. Lower buy stop to 28.50.
Oshkosh Truck Corporation (OSK) - bought 3 January 2008 $65 calls at
2.95 on 10/12/07; currently 0.50. Sell 1 call at 0.10 limit.
Randgold Resources Ltd. ADS (GOLD) - bought 400 shares at 23.59 on
08/14/07; currently 37.60. Stop set at 36.75 on a two-close-only basis.
*****
MARKET SECTOR STRENGTH
AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Long Distance Carriers; Major Airlines; Recreational Goods; Internet
Service Providers; Grocery Stores.
WEAKEST MARKET SECTORS LAST WEEK:
Mortgage Investment; Rental and Leasing Services; Heavy Construction;
Wholesale Industrial Equipment; Industrial Metals and Minerals.
*****
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 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
November 19
Mercury square Chiron 01:01 EST
Venus quintile Jupiter 01:50 EST
Heliocentric Earth semisextile Heliocentric Hades 01:52 EST
Heliocentric Mercury biquintile Heliocentric Neptune 01:57 EST
Venus conjunct Zeus 03:15 EST
Heliocentric Venus sextile Heliocentric Admetos 06:38 EST
Heliocentric Mercury square Heliocentric Jupiter 08:10 EST
Mercury semisextile Zeus 08:36 EST
Jupiter quintile Zeus 09:31 EST
Heliocentric Mercury square Heliocentric Pluto 09:47 EST
Heliocentric Venus conjunct Heliocentric Vulcanus 10:50 EST
Venus crossing Universal Clock 24 Line 15:02 EST
Sun quincunx Hades 15:17 EST
Heliocentric Mercury sesquiquadrate Heliocentric Chiron 16:22 EST
Heliocentric Mercury enters Libra 18:28 EST
Mercury sesquiquadrate Hades 19:05 EST
Sun sesquiquadrate Mars 19:31 EST
Venus square Mars 21:15 EST
Mercury conjunct 02/07/08 Solar Eclipse antiscion 21:28 EST
Mercury trine Mars 21:49 EST
Heliocentric Venus square Heliocentric Apollon 23:26 EST
Mercury semisextile Venus 23:29 EST
November 20
Void-of-Course Moon 02:26-06:24 EST
Sun in 24th harmonic to Mercury 02:41 EST
Mercury semisquare Pluto 03:25 EST
Sun semisextile Pluto 03:49 EST
Heliocentric Mercury semisextile Heliocentric Saturn 05:05 EST
Mercury parallel Poseidon 06:46 EST
Heliocentric Mercury quintile Heliocentric Cupido 06:59 EST
Moon crossing Universal Clock 24 Line 07:06 EST
Sun biquintile Kronos 13:05 EST
Sun semisquare Venus 14:10 EST
Heliocentric Venus semisextile Heliocentric Hades 15:48 EST
Heliocentric Mercury square Heliocentric Kronos 15:50 EST
Mercury semisextile Cupido 20:04 EST
Heliocentric Earth quincunx Heliocentric Jupiter 21:52 EST
November 21
Heliocentric Earth quincunx Heliocentric Pluto 01:39 EST
Venus sextile Cupido 03:36 EST
Sun in 24th harmonic to Cupido 05:10 EST
Heliocentric Mercury sesquiquadrate Heliocentric Neptune 08:44 EST
Heliocentric Mercury quintile Heliocentric Vulcanus 11:03 EST
Mercury trine Uranus 12:57 EST
Sun quintile Chiron 13:40 EST
Heliocentric Mercury semisextile Heliocentric Poseidon 18:31 EST
Heliocentric Venus quincunx Heliocentric Jupiter 20:12 EST
Heliocentric Venus quincunx Heliocentric Pluto 21:31 EST
Jupiter crossing Universal Clock 24 Line 21:58 EST
Moon crossing Universal Clock 24 Line 22:19 EST
Heliocentric Earth quintile Heliocentric Uranus 23:46 EST
November 22
U.S. markets closed for Thanksgiving holiday
Heliocentric Venus quintile Heliocentric Zeus 00:43 EST
Venus quincunx Uranus 02:22 EST
Void-of-Course Moon 03:39-07:18 EST
Heliocentric Mercury sesquiquadrate Heliocentric Admetos 04:26 EST
Heliocentric Venus sesquiquadrate Heliocentric Cupido 05:04 EST
Venus conjunct 09/07/06 Lunar Eclipse antiscion 05:22 EST
Mercury parallel Neptune 06:34 EST
Mars in 24th harmonic to Hades 09:38 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Apollon 11:43 EST
Sun crossing Universal Clock 24 Line 11:49 EST
Sun enters Sagittarius 11:49 EST
Heliocentric Mercury conjunct Heliocentric Zeus 13:52 EST
Saturn contraparallel Apollon 16:26 EST
Heliocentric Venus enters Leo 18:42 EST
Venus quintile Pluto 22:48 EST
November 23
Heliocentric Mercury quintile Heliocentric Venus 00:26 EST
Heliocentric Jupiter conjunct Heliocentric Pluto 00:29 EST
Jupiter quincunx Admetos 00:43 EST
Heliocentric Earth sextile Heliocentric Venus 06:01 EST
Venus parallel Zeus 06:03 EST
Jupiter square 03/14/06 Lunar Eclipse point 10:40 EST
Mercury square 02/07/08 Solar Eclipse point 10:54 EST
Heliocentric Mercury sextile Heliocentric Cupido 11:35 EST
Moon crossing Universal Clock 24 Line 11:46 EST
Void-of-Course Moon begins 13:53 EST
Heliocentric Mercury trine Heliocentric Chiron 15:50 EST
Heliocentric Earth biquintile Heliocentric Apollon 22:28 EST
Heliocentric Venus semisextile Heliocentric Saturn 22:35 EST
November 24
Venus opposition 03/03/07 Lunar Eclipse antiscion 01:13 EST
Heliocentric Mercury quintile Heliocentric Pluto 04:28 EST
Heliocentric Mercury quintile Heliocentric Jupiter 05:05 EST
Uranus direct station 05:16 EST
Heliocentric Earth sesquiquadrate Heliocentric Mercury 05:42 EST
Mercury sesquiquadrate Kronos 06:22 EST
Void-of-Course Moon ends 06:29 EST
Heliocentric Mercury semisquare Heliocentric Saturn 06:37 EST
Heliocentric Venus semisquare Heliocentric Mars 07:16 EST
Heliocentric Venus sesquiquadrate Heliocentric Uranus 07:55 EST
Sun square 02/21/08 Lunar Eclipse point 08:33 EST
Heliocentric Earth square Heliocentric Saturn 09:01 EST
Heliocentric Mars square Heliocentric Uranus 09:20 EST
Full Moon 09:30 EST
Heliocentric Mercury quincunx Heliocentric Uranus 10:49 EST
Venus sesquiquadrate True Lunar Node 11:01 EST
Heliocentric Mercury trine Heliocentric Mars 11:04 EST
Mercury square Neptune 12:49 EST
Heliocentric Mercury biquintile Heliocentric Admetos 16:22 EST
Sun square True Lunar Node 20:10 EST
Mercury quintile Saturn 22:10 EST
Heliocentric Venus semisextile Heliocentric Kronos 22:48 EST
November 25
Moon crossing Universal Clock 24 Line 01:52 EST
Venus biquintile Admetos 03:18 EST
Mercury opposition 08/01/08 Solar Eclipse antiscion 05:06 EST
Heliocentric Mercury trine Heliocentric Neptune 12:42 EST
Mercury biquintile Hades 13:45 EST
Heliocentric Earth in 24th harmonic to Heliocentric Mars 14:16 EST
Heliocentric Venus biquintile Heliocentric Pluto 14:32 EST
Mercury parallel Pluto 14:45 EST
Heliocentric Venus biquintile Heliocentric Jupiter 17:33 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 23:32 EST
Heliocentric Earth semisextile Heliocentric Kronos 23:35 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: CRS, MTD, NXY, TLK.
Carpenter Technology Corporation (CRS)
NYSE; optionable
First Trade Date: 11/06/1968; 10:00 a.m.
CRS, like all the other stocks under consideration this week, has
transiting Jupiter about ready to transit its First-Trade Ascendant.
Ordinarily this is a solid signal of a trading top, so our bias in these
situations is toward bearish positions. In the case of CRS, however,
there are some additional factors worth considering. First of all, there
are a couple of interactions by transneptunian factors suggesting extra
strength for this stock: transiting Vulcanus semisquare First-Trade
Zeus, and transiting Kronos conjoining First-Trade Vulcanus. Secondly,
it's interesting to watch what transiting Jupiter does after it crosses
the CRS First-Trade Ascendant on November 28. Once we get into December,
it forms a sextile to First-Trade Mercury, a square to First-Trade
Jupiter, a square to First-Trade Mars, a semisquare to the First-Trade
Sun, a square to First-Trade Chiron, and a quincunx to the First-Trade
Moon. That's enough to suggest that a long position is well worth
considering right now. Our plan is add one by mid-week, with an initial
stop set at 67.50.
Mettler Toledo International Inc. (MTD)
NYSE; optionable
First Trade Date: 11/14/1997; 09:30 a.m.
In this case the transit of Jupiter across the MTD First-Trade Ascendant
on November 29 is likely to signal an end to the steady advance this
stock has been in since the August low. This is due to other factors
which come into play, most notably transiting Chiron conjoining
First-Trade Jupiter and transiting Admetos sesquiquadrate First-Trade
Mercury. We plan to sell MTD short fairly early in the trading week,
with our initial buy stop set at 119.50.
Nexen Inc. (NXY)
NYSE; optionable
First Trade Date: 11/14/2000; 09:30 a.m.
While transiting Jupiter crossing the First-Trade Ascendant can often
signal a price top, there are also planetary indicators generally
associated with higher prices ahead. The most prominent of these are
aspects generated by transits of Saturn, and that's what is going on
with NXY. Transiting Saturn is currently applying to a square of the NXY
First-Trade Jupiter, with the exact aspect coming on Friday, November
23. Thanks to Saturn's station later this year, that aspect will stay in
play for a number of weeks, but it's really what happens in addition to
this factor that makes NXY so attractive as a buying opportunity right
now-during the first two weeks of December, we will get transiting
Jupiter conjoining the First-Trade Ascendant, transiting Pluto in
opposition to the First-Trade Moon, transiting Jupiter in opposition to
the First-Trade Moon, transiting Mars square First-Trade Mars, and
transiting Jupiter in opposition to First-Trade Kronos. We are thus
ready to take an immediate long position in this stock; our initial stop
will be set at 28.70.
Perusahaan Perseroan Perseropt PT Telekomunikasi
Indonesia ADR (TLK)
NYSE; optionable
First Trade Date: 11/14/1995; 09:30 a.m.
A provider of diversified telecommunications services in Indonesia, TLK
is also involved in real estate and construction projects, as well as
pay TV services. Jupiter will cross the TLK First-Trade Ascendant on
November 27, and in this case we are expecting a short-term price run-up
into that aspect, followed by downside action into December with Saturn
sesquiquadrate First-Trade Neptune, Chiron opposition the First-Trade
Moon, Hades semisquare the First-Trade Moon, Uranus square First-Trade
Hades, and Admetos sesquiquadrate First-Trade Chiron. Our plan is to
wait for this stock to rebound; if we get a price above 46.25 either
this week or next week, we will sell TLK short. Our initial buy stop
will be placed at 48.00, or at about $2.00 above our entry price.
*****
FINANCIAL CYCLES WEEKLY
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