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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
The Bottom Line
Comment
Greenspan Speaks
eBay Aggravations
Maine Birth Benefits
New Eclipse Report
The Economic Calendar
Astrological Dynamics
Spiritual Focus for the Week
Global Equities Markets
U.S. Equity Trends
Gold and Silver
Financial Cycles Model Portfolio
Market Sector Strength and Weakness
Astro-Trading Gann Plan Calendar
Stocks to Watch
THE BOTTOM LINE: In a trading week shortened
by the Presidents Day
holiday and punctuated by a Mercury station and a lunar eclipse, we can
expect lower prices for stocks. While the downward move may be modest,
there's enough underlying uncertainty to make this a situation that
calls for extra caution. Short-term traders should take heart, however,
since a pullback right now will likely set the stage for higher stock
prices during the closing days of February and the first part of March.
COMMENT: My forecast last week of a volatile
trading environment in
which "even some positive price action in the week's final sessions is
unlikely to make much of a dent in the market's overall bearish
uncertainty" proved to be quite accurate. Much of the midweek enthusiasm
gave way to a more pessimistic attitude by the end of the week, and the
U.S. market averages posted only insignificant gains by the time trading
closed on Friday.
ALAN ON THE EDGE
Forget Ben Shalom Bernanke and Hank Paulson. Even though he officially
left the Fed a year ago, former Federal Reserve Chairman Alan Greenspan
is still very much around, and his comments on the economy are still
moving the markets.
On Thursday Greenspan was at the CERA energy conference, and he opined
that the U.S. economy is "clearly on the edge" of a recession. He
predicted that the economy will continue to decline until there is some
kind of stabilization in U.S. housing prices, but noted that "we have a
long way to go" before housing prices hit bottom.
Even so, he said that there is lots of fundamental strength in U.S.
business, and that it's obvious that most U.S. firms are currently "not
pushed for credit." So while he repeated his opinion that the likelihood
of the U.S. economy going into recession was "50 percent or better," he
also said the U.S. economy is growing at "stall speed," whatever that means.
"If businesses weren't in extraordinarily good shape, I have no doubt we
wouldn't be asking if we're in a recession, but how long and how deep,"
he added.
The Dow Industrials backed off rapidly following Greenspan's comments,
and that index closed down more than 175 points for the day.
EBAY AND THE ECLIPSE
A group of disgruntled eBay sellers are planning to boycott the online
auction service this week, in protest of the company's fee and policy
changes that go into effect on February 20.
The boycott, which is scheduled to run from February 19-25, is not only
a response to policy changes which sellers say will cost them more
money; it's also a reaction to a change in eBay's feedback system:
sellers will no longer be able to leave negative comments about the
buyers who do business with them, potentially leaving sellers more
vulnerable to scammers and negligent buyers.
On top of that, PayPal, eBay's payment service subsidiary, is also
drawing fire from sellers. A new policy at PayPal allows the firm to
hold some payments made through the service for up to 21 days if the
company deems the transactions "high risk." Sellers are saying that the
company's criteria for high risk transactions are beyond their control,
and that even a small amount of negative feedback can be used under the
new guidelines to strangle the cash flow so vital to keeping a small
seller in business.
It remains to be seen whether or not the boycott will have much of an
effect. Even so, the next time eBay decides to shift its policies, the
company's astrologer might want to advise that the firm avoid launching
those changes on the date of a lunar eclipse!
BABY STEPS FOR EDUCATION
All the babies born in central Maine so far this year are the first
youngsters in that state getting something new--a $500 NextGen college
savings account. The new program, which is going through a pilot phase
in 2008 and will begin awarding the grants to every child born in the
state starting in January 2009, is being funded by the Harold Alfond
Foundation and administered by the Finance Authority of Maine.
The founder of Dexter Shoe Company, Harold Alfond (born on March 6, 1914
in Swampscott, Massachusetts) died at age 93 on November 16 last year.
In 1950, at age 36, he organized the Harold Alfond Foundation, the first
private foundation in the state of Maine. Since then the foundation has
contributed more than $100 million to charitable causes, including $7
million to a Maine cancer care center and substantial grants to Rollins
College and the University of Maine.
The Alfond NextGen grants, which were announced a few weeks after
Alfond's death, can be used for courses at any accredited postsecondary
school. The educational savings accounts must be opened before a child's
first birthday, and the money may be invested in a number of investment
funds, similar to a 401(k) retirement plan.
Assuming that the investment grows at rate of 8 percent per year, the
initial $500 grant would be worth about $2,000 in 18 years. But parents
will be encouraged to add to the education fund by depositing $50 a
month, which at the same interest rate would increase the nest egg to
about $25,000 in an 18-year period.
If the money is not used for education, the initial $500 Alfond donation
plus any interest it accrues will be returned to the Harold Alfond
Foundation.
NEW ECLIPSE REPORT AVAILABLE
My latest monograph, "The Solar Eclipse of February, 2008: Its Impact on
the Markets," is now available.
This new report is loaded with highly valuable information that you can
put to work in understanding upcoming market trends and profiting from
special situations connected with the eclipse. It's 51 pages long and
has dozens of charts and illustrations, plus details on specific stock
picks that offer special trading opportunities following this month's
solar eclipse. You'll find complete ordering information 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
latest broadcast 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
We have a lightweight week ahead for economic announcements, thanks
mainly to the Presidents Day holiday on Monday, which will shut down
most government and academic offices as well as trading in all U.S.
markets. We will be watching for the economic news on the State Street
Investor Confidence Index, the Housing Market Index, ICSC-UBS Store
Sales, MBA Purchase Applications, the Consumer Price Index, Housing
Starts, the EIA Petroleum Status Report, the EIA Natural Gas Report,
Leading Indicators, the Philadelphia Fed Survey, Jobless Claims, and the
Money Supply.
Wednesday, the date of the lunar eclipse, brings the release of the
minutes from the latest meeting of the Federal Reserve's Open Market
Committee, and Fed mouthpieces will be doing their thing at various
venues throughout the week as well. On Tuesday Minneapolis Federal
Reserve Bank President Gary Stern will be in Golden Valley, Minnesota to
present an overview of the U.S. economy; on Wednesday St. Louis Federal
Reserve Bank President William Poole will be speaking at Truman State
University in Kirksville, Missouri; and on Friday Dallas Federal Reserve
Bank President Richard Fisher will be talking to the Petroleum Club in
Fort Worth, Texas.
ASTROLOGICAL DYNAMICS
We have a shortened trading week ahead of us, which is probably a good
thing considering the generally negative astrological dynamics at work
behind the scenes. The good news is that Mercury will be returning to
direct motion Monday night, setting the stage for a shift in market
direction in the weeks ahead. The bad news is that the trading week will
have barely gotten underway before it gets punctuated by a lunar eclipse
on Wednesday.
The Mercury direct station is likely to bring a slight negative bias to
the trading environment for the remainder of the week. Although this
response in equities to this kind of Mercury station is fairly reliable,
it is consistently fairly mild as well. What makes matters more
worrisome is the fact that the passage of the Sun into Pisces as the
trading starts for the week is also a negative factor, typically
bringing slightly lower prices for 5 or 6 calendar days. While the
waning trine between Mars and Apollon may mitigate things somewhat,
Tuesday's waning heliocentric Mars/Cupido sesquiquadrate is a decidedly
negative factor, so I anticipate falling prices by the end of the day on
Tuesday.
There may be a bit of relief on Wednesday morning, but if there are
higher prices then we will need to be extremely cautious about becoming
unduly optimistic. There's a void-of-course Moon that dominates the
trading action Wednesday afternoon, so my plan is to step aside from the
market action then.
The lunar eclipse Wednesday evening activates various horoscopes for
Silver, the Dow Jones Industrials, the New York Stock Exchange, the
Federal Reserve, and the U.S. currency. That's a warning to watch for a
strong potential impact, and with lunar eclipses in general typically
bringing equities (especially the small-caps) down for a few days, I
think it's a confirming indicator for bearish expectations this week.
By the end of the week, however, it wouldn't be too surprising to see a
little bargain hunting begin to turn things around slightly, especially
with the heliocentric Venus/Hades opposition adding some positive force
to the mix. The weekend's entry of heliocentric Venus into Capricorn and
the Sun/Saturn opposition could both set the stage for more positive
price action for the week beginning on February 25.
Throughout this trading week I will be tracking heliocentric
fifth-harmonic planetary lines (H,72,N,-2) for Mercury, Venus, Mars,
Jupiter, Uranus, Pluto, Cupido, Admetos, and Zeus, using the
Fibonacci/Galactic Trader software from P.A.S. to follow the active
planetary support and resistance in real time. For more information on
this software as an astro-trading platform go to
http://server1.fibonaccitrader.com/licenseWeb/index.jsp?PROMOCODE=TIM
.
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.
Our task is to distinguish between a white thread and a black thread in
the light of the dawn, to use the highest powers of our spiritual
intelligence in the face of stressful circumstances. If we remember that
grand ideals and lofty values have spiritual realities at their core,
and that the real purpose of apparent isolation and suffering is to
expand our capacity for wisdom and compassion, we can experience true
healing as we embrace the diversity around us.
"Be cautious of those who confuse kindness with weakness." - Noah ben Shea
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
Many of the stock markets around the world reversed direction last week,
but even so the performance was lackluster in most cases. European
issues posted gains for the week, with Paris leading the way in a group
of extremely modest showings. Sydney continued its decline, but Tokyo
and Hong Kong both reversed smartly to the upside. The Shanghai
Composite reversed direction, too, but it turned negative instead of
positive.
Dow Jones Industrial Average -- up 1.36%
Dow Jones Transportation Average -- down 0.19%
Dow Jones Utilities Average -- up 1.22%
S+P 500 -- up 1.40%
NASDAQ Composite Index -- up 0.74%
Russell 2000 -- up 0.37%
London FTSE-100 -- up 0.06%
Amsterdam Index -- up 0.63%
Paris CAC-40 -- up 1.32%
Frankfurt DAX -- up 0.96%
Mexico Index -- up 1.94%
Sao Paulo BOVESPA -- up 3.72%
Sydney All Ordinaries -- down 0.77%
Bombay SENSEX -- up 3.72%
Tokyo Nikkei Index -- up 4.65%
Shanghai SE Composite Index -- down 2.23%
Hong Kong Hang Seng Index -- up 2.89%
*****
U.S. EQUITY TRENDS
Last week U.S. stocks were essentially treading water in a very volatile
market flow, and the small net gains by the end of the week were not
nearly large enough to alter our technical expectations. Our bearish
trend indicators for U.S. stocks in all time frames remained confirmed,
and our expectations remain bearish at least until we see prices
responding to the astrological dynamics that could trigger a rally as we
move closer to the Spring Equinox.
The NASDAQ Composite closed the week at 2321.80. The NASDAQ is now on a
January 22 long-term sell signal, with a daily close of 3044 or higher
needed to resume long-term bullish expectations. This index remains on a
November 8 short-term sell signal, with a daily close above 2735 now
needed to reverse our technical trend assumptions back to the buy side.
We are now also on a January 8 intermediate-term sell signal, with a
daily close above 2861 currently required to flip this indicator back to
the buy side.
The Russell 2000 closed the week at 701.52. The Russell is on a January
4 short-term sell signal, with a daily close above 799 now required to
return to short-term bullishness for the Russell. Our August 3, 2007
intermediate-term sell signal for the Russell 2000 remains in place at
this point, with a daily close above 824 currently required to
reactivate intermediate-term bullishness. The Russell is now also on a
November 26, 2007 long-term sell signal, with a daily close above 856
needed to move our long-term indicator for the Russell back to the buy side.
The S+P 500 closed the week at 1349.99. The S+P is on a December 17
short-term sell signal, with a daily close above 1436 needed to reverse
this signal back to the long side. The S+P 500 is on a November 26, 2007
intermediate-term sell signal, with a daily close above 1499 needed to
reverse it back to the buy side. For the long-term, the S+P is on a
January 17 sell signal, with a daily close above 1552 now need to flip
our long-term trend expectations back to bullish assumptions.S+P 500 -- Long-Term Bearish;
Intermediate-Term Bearish; Short-Term Bearish
NASDAQ -- Long-Term Bearish; Intermediate-Term Bearish; Short-Term Bearish
RUSSELL 2000 -- Long-Term Bearish; Intermediate-Term Bearish; Short-Term
Bearish
*****
METAL MARKETS
GOLD -- Gold failed to break through its resistance zone last week as I
had anticipated, and its consolidating action in recent sessions
suggests that a top is now in, at least for the short term. With
astrological support for the yellow metal noticeably weaker over the
next couple of weeks, it's certainly likely now that we will see a more
substantial correction get underway. In any case, it's time for Gold
traders to be prudent, protecting short-term profits and assessing more
conservative strategies for the longer term.
SILVER -- In spite of a week in which it showed much livelier trading
action than Gold, Silver looks like it is also headed for a move to the
downside. The key factor here is Wednesday's lunar eclipse, which is
likely to add considerable volatility to the action in this metal both
Wednesday and Thursday. Silver can make for some very treacherous
trading during the week ahead, but with the bias to the downside,
traders with a lot of intestinal fortitude may consider short positions.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADE CLOSED LAST WEEK: XOM.
We closed one trade during the past week, with one winner bringing us a
net profit of $435.00.
We bought to cover 100 shares of Exxon Mobil Corporation (XOM) at 83.15
on 02/11/08, taking a profit of $435.00 (a 4.97% gain in 6 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO LAST WEEK: MCD, TRA,
WFR.
We added two long positions and one short position to the Model
Portfolio last week.
We bought 200 shares of McDonald's Corp.(MCD) at 55.25 on 02/11/08, with
an initial stop set at 50.00.
We sold short 300 shares of Terra Industries Inc. (TRA) at 47.35 on
02/12/08, with an initial buy stop set at 48.00.
We bought 100 shares of MEMC Electronic Materials Inc. (WFR) at 75.25 on
02/15/08, with an initial stop set at 62.50.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 15 completed trades, with 8
winners and 7 losers bringing us a total net profit of $9,585.00. The
largest profit for a single trade has been $3,300.00, with our winners
averaging $1,390.63; the largest single-trade loss has been $370.00,
with our losers averaging $220.00. The overall average profit per trade
has been $639.00, and the mean duration of our trades has been 14.1
trading days.
During 2007 we had a total of 161 completed trades, with 74 winners and
87 losers bringing us a total net profit of $17,297.00. The largest
profit for a single trade was $5,264.00, with our winners averaging
$576.30; the largest single-trade loss was $1,224.00, with our losers
averaging $294.56. The overall average profit per trade was $107.43. The
mean duration of our trades was 11.6 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
Epicor Software Corporation (EPIC) bought 500 shares at 10.50 on
01/17/08; currently 12.34. Raise stop to 11.95.
Hewlett-Packard Company (HPQ) -- bought 200 shares at 42.95 on 02/05/08;
currently 43.87. Raise stop to 42.30.
McDonald's Corp.(MCD) -- bought 200 shares at 55.25 on 02/11/08;
currently 55.30. Raise stop to 54.50.
MEMC Electronic Materials Inc. (WFR) -- bought 100 shares at 75.25 on
02/15/08; currently 75.95. Raise stop to 69.25.
PSS World Medical Inc. (PSSI) -- sold short 600 shares at 17.50 on
02/05/08; currently 17.47. Buy stop set at 17.75.
Terra Industries Inc. (TRA) -- sold short 300 shares at 47.35 on
02/12/08; currently 46.38. Lower buy stop to 47.75.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Rubber and Plastics; Internet Service Providers; Aluminum; Heavy
Construction; CATV Systems.WEAKEST MARKET SECTORS LAST WEEK:
Toy and Hobby Stores; Manufactured Housing; Education and Training
Services; Closed-End Debt Funds; Gaming Activities.
*****
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.
February 17
Mars conjunct Hades 00:04 EST
Mercury square Poseidon 02:49 EST
Heliocentric Mercury square Heliocentric Jupiter 04:06 EST
Venus biquintile Saturn 05:53 EST
Sun semisquare Jupiter 09:21 EST
Heliocentric Mercury quintile Heliocentric Vulcanus 11:07 EST
Heliocentric Mercury sesquiquadrate Heliocentric Neptune 11:17 EST
Venus enters Aquarius 11:22 EST
True Lunar Node quintile Cupido 11:28 EST
Heliocentric Earth semisextile Heliocentric Mars 13:15 EST
Void-of-Course Moon begins 16:13 EST
Heliocentric Mercury semisextile Heliocentric Poseidon 18:30 EST
Heliocentric Mercury quintile Heliocentric Venus 21:49 EST
Venus semisextile Pluto 23:38 EST
February 18
Venus semisquare Cupido 01:44 EST
Heliocentric Venus in 24th harmonic to Heliocentric Jupiter 02:00 EST
Heliocentric Earth trine Heliocentric Pluto 04:15 EST
Heliocentric Mercury sesquiquadrate Heliocentric Admetos 04:35 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Apollon 11:55 EST
Moon crossing Universal Clock 24 Line 12:47 EST
Void-of-Course Moon ends 13:51 EST
Heliocentric Mercury quintile Heliocentric Mars 14:04 EST
Heliocentric Mercury conjunct Heliocentric Zeus 14:22 EST
Heliocentric Mars quintile Heliocentric Zeus 16:29 EST
Heliocentric Venus sextile Heliocentric Neptune 18:26 EST
Mercury direct station 21:58 EST
Venus biquintile Hades 22:29 EST
Heliocentric Mars quincunx Heliocentric Pluto 22:43 EST
Venus in 24th harmonic to Chiron 23:34 EST
February 19
Sun enters Pisces 01:49 EST
Mars trine Apollon 06:51 EST
Venus biquintile Mars 07:51 EST
Sun biquintile Vulcanus 09:15 EST
Heliocentric Venus semisquare Heliocentric Poseidon 11:26 EST
Heliocentric Venus quintile Heliocentric Zeus 12:46 EST
Heliocentric Mercury sextile Heliocentric Cupido 13:05 EST
Venus semisquare Uranus 14:18 EST
Heliocentric Mars sesquiquadrate Heliocentric Cupido 15:44 EST
Sun sextile Pluto 17:47 EST
Sun contraparallel Saturn 20:17 EST
Venus quincunx Kronos 20:50 EST
Heliocentric Venus biquintile Heliocentric Mars 20:54 EST
Heliocentric Earth semisquare Heliocentric Mercury 23:02 EST
February 20
Heliocentric Mercury trine Heliocentric Chiron 00:00 EST
Heliocentric Mercury quintile Heliocentric Pluto 07:15 EST
Pluto square 09/22/06 Solar Eclipse antiscion 07:31 EST
Moon crossing Universal Clock 24 Line 08:42 EST
Heliocentric Venus quincunx Heliocentric Admetos 11:14 EST
Void-of-Course Moon 12:53-19:06 EST
True Lunar Node retrograde station 14:33 EST
Heliocentric Venus quincunx Heliocentric Vulcanus 15:24 EST
Heliocentric Mercury biquintile Heliocentric Admetos 16:34 EST
Heliocentric Mercury quincunx Heliocentric Uranus 16:35 EST
Mercury square Poseidon 18:00 EST
Heliocentric Mars enters Leo 22:20 EST
Lunar Eclipse Full Moon 22:26 EST
February 21
Sun in 24th harmonic to Chiron 01:54 EST
Heliocentric Mercury semisquare Heliocentric Saturn 03:33 EST
Heliocentric Venus sextile Heliocentric Apollon 04:36 EST
Heliocentric Mercury trine Heliocentric Neptune 15:43 EST
Sun in 24th harmonic to Uranus 19:09 EST
Venus quincunx Saturn 19:23 EST
Heliocentric Venus opposition Heliocentric Hades 22:51 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 23:36 EST
Sun trine Kronos 23:56 EST
February 22
Venus square 08/16/08 Lunar Eclipse antiscion 01:09 EST
Moon crossing Universal Clock 24 Line 04:43 EST
Mercury biquintile Kronos 06:37 EST
Heliocentric Mercury quintile Heliocentric Jupiter 07:40 EST
Heliocentric Mercury quincunx Heliocentric Admetos 10:46 EST
Heliocentric Mercury biquintile Heliocentric Uranus 10:53 EST
Heliocentric Mercury square Heliocentric Vulcanus 12:44 EST
Heliocentric Earth sextile Heliocentric Kronos 17:56 EST
Sun parallel Apollon 18:30 EST
Heliocentric Mercury conjunct Heliocentric Apollon 19:05 EST
Void-of-Course Moon begins 21:15 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Zeus 21:48 EST
February 23
Void-of-Course Moon ends 02:45 EST
Heliocentric Mercury trine Heliocentric Hades 03:50 EST
Venus in 24th harmonic to Neptune 06:59 EST
Heliocentric Venus conjunct Heliocentric Pluto 09:49 EST
Heliocentric Venus in 24th harmonic to Heliocentric Cupido 14:31 EST
Venus contraparallel Admetos 16:35 EST
Mercury opposition 08/01/08 Solar Eclipse point 16:46 EST
Sun conjunct 08/28/07 Lunar Eclipse point 19:23 EST
Heliocentric Mercury sextile Heliocentric Pluto 20:48 EST
Heliocentric Venus enters Capricorn 23:05 EST
Heliocentric Mercury semisquare Heliocentric Cupido 23:06 EST
Sun parallel Chiron 23:24 EST
February 24
Moon crossing Universal Clock 24 Line 00:45 EST
Heliocentric Mercury enters Scorpio 03:17 EST
Sun opposition Saturn 04:47 EST
Heliocentric Earth conjunct Heliocentric Saturn 04:40 EST
Heliocentric Venus biquintile Heliocentric Admetos 06:14 EST
Heliocentric Mercury sextile Heliocentric Venus 07:19 EST
Venus square Poseidon 08:38 EST
Sun biquintile Zeus 14:19 EST
Heliocentric Venus semisquare Heliocentric Chiron 15:49 EST
Heliocentric Mercury square Heliocentric Mars 15:56 EST
Venus biquintile Kronos 16:50 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.
New issues of the
letter appear at irregular intervals, so 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: DCI, OMG, SFY.
Donaldson Company Inc. (DCI)
NYSE; optionable
First Trade Date: 11/27/1979; 10:00 a.m.
Donaldson Company manufactures and sells filtration products for engines
and industrial applications throughout the world. Transiting Jupiter is
currently conjoining the DCI First-Trade Ascendant, which should boost
this stock's price this week, but that doesn't make DCI a good candidate
for a long position. Transiting Saturn will be moving in pretty rapidly
to form a square to the First-Trade Sun, a conjunction with the
First-Trade True Lunar Node, and a conjunction with First-Trade Mars. On
top of that, the slow-moving transneptunian factor Hades has got
First-Trade Saturn locked into a lingering square, adding another
negative influence on this stock's trading possibilities. Our strategy
will thus be to sell DCI short toward the end of this trading week, with
an initial buy stop set at 47.00.
OM Group Inc. (OMG)
NYSE; optionable
First Trade Date: 12/04/1996; 09:30 a.m.
OM Group is in the cobalt business, manufacturing and marketing
specialty chemicals, powders, metals, and related products in the U.S.,
Canada, Europe, Africa, and the Asia-Pacific area. Like DCI, OMG has
transiting Jupiter crossing its First-Trade Ascendant, and like DCI, OMG
has other planetary factors coming up that suggest stressful times
ahead, including transiting Chiron square First-Trade Admetos and
sesquiquadrate First-Trade Zeus, transiting Uranus in opposition to
First-Trade Mars, transiting Mars square First-Trade Saturn, and
transiting Saturn semisquare First-Trade Apollon, sesquiquadrate
First-Trade Jupiter, semisquare First-Trade Vulcanus, and square
First-Trade Pluto. We will be looking for an opportunity to sell OMG
short near the end of the trading week; our initial buy stop will be set
at 66.00.
Swift Energy Company (SFY)
NYSE; optionable
First Trade Date: 07/11/1991; 09:30 a.m.
An oil and gas exploration company, Swift Energy is currently trading
well below the highs it set in 2007 and in late 2006. Right now
transiting Saturn is crossing the SFY First-Trade Ascendant, so in spite
of rising oil prices this stock has hit a bit of resistance in recent
trading. Based on the other astrological factors at work, however, that
situation is about to change. Transiting Kronos is lining up for a
sesquiquadrate to First-Trade Pluto, transiting Zeus is square
First-Trade Uranus, transiting Mars is trine First-Trade Poseidon, and
the transiting True Lunar Node is in opposition to First-Trade Mars.
That's all a background for a series of positive transits from Jupiter
which will be sesquiquadrate First-Trade Venus, conjunct First-Trade
Neptune, trine First-Trade Admetos, in opposition to First-Trade
Vulcanus and the First-Trade Moon, and quincunx First-Trade Jupiter. Our
strategy will be to add a long position in SFY to the Model Portfolio
early in the trading week, with an initial stop set at 39.75.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published by Taylor-Bost
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