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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
The Bottom Line
Comment
Lunar Politics
Vanishing Funds
Staying In Touch
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: The planets are aligned for
a very positive week in
stocks, but extended periods with the Moon void-of-course on Monday and
Wednesday will make it difficult for traders to read market signals
correctly. With manipulative forces hard at work behind the scenes,
there is a particular need for cautious responses to economic and market
data on Wednesday and Thursday. As a whole, this should be a week with
some healthy gains in the equities markets.
COMMENT: Once again, last week's forecast proved
to be accurate and
precise, with stocks bringing a negative bias to a challenging week.
There was plenty to keep the pundits and speculators entertained, with
oil prices posting their first daily close above $100 a barrel, gold
hitting a new all-time high, banks predicting yet another round of
devastating write-downs, consumer inflation accelerating, private equity
giant Kohlberg Kravis Roberts delaying repayments on mortgage-related
debt for a second time, and the Federal Reserve pulling its head out of
the sand long enough to admit that the economy is slowing and inflation
is increasing in a classic stagflation scenario. Along the way, there
was ample evidence of stressful times in the lives of individuals and
institutions, struggling to keep up with increasing pressure, decreasing
resources, mangled communications, and a very intense burst of emotional
tension. Whew! It's a good thing we don't get Mercury stations and lunar
eclipses every week!
ECLIPSE POLITICS
Speaking of the lunar eclipse, a loyal reader in Delaware pointed out to
me this past week that it had conjoined John McCain's natal Sun, just in
time to trigger the New York Times article about the presumed Republican
presidential nominee's relationship with a telecommunications lobbyist
and his subsequent efforts to influence an FCC ruling while he was head
of a Senate committee. Whether or not this will erupt into a bigger
scandal remains to be seen, but it's oddly reminiscent of the heating up
of the Monica Lewinsky affair 10 years ago after a solar eclipse hit
Bill Clinton's natal Sun. By the way, this lunar eclipse also conjoined
the transneptunian planet Zeus in Barack Obama's natal horoscope, the
planet Alfred Witte described as symbolizing "leadership, direction, and
irresistible force."
WHERE'S THE MONEY?
In spite of the Fed's efforts to stimulate economic action through lower
interest rates and in spite of promises from Congress and the White
House of rebates on the way, the economy seems to be tightening
inexorably. The lower rates don't mean much, since the banks simply
aren't lending in the face of collapsing collateral and uncertain times
ahead.
Here in Sarasota, Florida, there has been a sudden halt to new condo
construction as the funding has dried up. In the downtown area alone,
the city has granted permits for the construction of 20 new high-rise
condominium projects that would add about 2,400 new residential units.
But right now there are more than 350 existing condos up for sale with
no buyers in sight, and last week one of the developers scrapped
construction plans and put the lot on the market in an effort to recoup
some of his money. On top of that, 11 other downtown construction
projects have stopped all activity because they are waiting for new
financing to come through, and several other projects are being
redesigned in the hopes that scaled-down versions of the original plans
will stand a better chance of breaking even.
The prospects for new financing coming through for these projects seem
increasingly slim right now, and what we're seeing here may be just the
start of some even more drastic belt-tightening in the months and years
ahead.
FAREWELL TO LEGG
I got word last week that my old friend Herb Legg of Olympia, Washington
had died in late January at the age of 86. Herb was a political
activist, community organizer, economic commentator, and indefatigable
liberal gadfly. He and I first met about 35 years ago in western North
Carolina, and since that time he followed a relentless program of
"staying in touch"--a phrase that epitomized his personal and political
philosophy.
Several times a year I'd get envelopes from Herb that were almost
completely obliterated with scribbled marking, rubber stamp impressions,
and colorful stickers. A typical one included the messages that read
"This Account Is Overdue," "Good Effort," "Support the Lions Hearing
Foundation," "Junk Mail," "You Can't Win. You Can't Break Even. You
Can't Even Quit The Game," "Approved," "Never Ask A Barber If You Need
A
Haircut," "Super," "One Nuclear Bomb Can Ruin Your Whole Day,"
"Confirmation," "Just Because You Are Paranoid Does Not Mean They Are
Not Out To Get You," and "Sexually Explicit Material Enclosed," plus
picture stamps of a cat, an apple, a rhinoceros, and a unicorn. And that
was just the front of the envelope--there was even more on the back, and
it was a wonder that the postman could find the address hidden in a
corner and get the thing delivered!
Each envelope from Herb contained a full ounce of Xeroxed newspaper
clippings, colorful slips of paper, handouts, copies of letters to
editors, slogans, and information about his latest community causes and
efforts to expand the consciousness of those around him. There was
always something thought-provoking inside, whether or not I happened to
agree with Herb's point of view, and there was always a stamped postcard
with Herb's address on it, along with the admonition to "Stay in Touch"
myself.
As life accelerated and the age of email took over, I must confess that
I got less attentive to that admonition. Even so, the envelopes from
Herb kept arriving at irregular intervals, and each time one of them
showed up I was reminded of what this amazing and gentle man stood
for--a profound understanding that the highest value in life is our
ability to touch each other with love and understanding, no matter how
much the distractions of daily life surround us. I'll miss Herb, and
I'll miss getting those wildly colorful envelopes in my mailbox, too.
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
This week we will be watching for the economic news on Existing Home
Sales, the Producer Price Index, ICSC-UBS Store Sales, MBA Purchase
Applications, Consumer Confidence, Durable Goods Orders, New Home Sales,
the EIA Petroleum Status Report, the EIA Natural Gas Report, the
preliminary GDP Report, the Help Wanted Index, Personal Income and
Outlays, Consumer Sentiment, NAPM Chicago, Jobless Claims, and the Money
Supply.
On Monday and Tuesday Federal Reserve Governor Randall Kroszner will be
speaking at the Global Association of Risk Professionals convention in
New York, and on Monday Federal Reserve Governor Frederic Mishkin will
be at East Carolina University in Greenville, North Carolina to speak on
"Stabilizing Inflation" for the Beta Gamma Sigma Distinguished Lecture
Series; Mishkin will also be appearing at the National Press Club in
Washington, D.C. on Wednesday. Tuesday will see Federal Reserve Governor
Donald Kohn at the University of North Carolina in Wilmington to speak
on "The U.S. Economy and Monetary Policy" for the Business Week Program
at the Cameron School of Business. On Friday there will be three key
presentations by Fed officials, with Boston Federal Reserve Bank
President Eric Rosengren joining Federal Reserve Governor Frederic
Mishkin in a discussion of leveraged losses at New York monetary policy
forum jointly sponsored by the University of Chicago and Brandeis
University; Atlanta Federal Reserve Bank President Dennis Lockhart
talking to the Commerce Club in Atlanta about the subprime crisis; and
St. Louis Federal Reserve Bank President William Poole discussing moral
hazard at the University Club in New York.
The week's biggest economic news, however, is likely to be focused on
Federal Reserve Chairman Ben Shalom Bernanke, who will be in the
nation's capitol for his semiannual testimony before Congress. Dr. Ben
will be in front of the House Financial Services Committee on Wednesday
and will appear before the Senate Banking Committee on Thursday.
ASTROLOGICAL DYNAMICS
The trading week gets underway within the aura of Sunday's Sun/Saturn
opposition, a planetary dynamic that sometimes depresses market activity
for a day or two but in general works to reinforce an upward bias to
stock prices. In any case, the trading day on Monday begins with the
Moon void-of-course, so I will be viewing any apparent trend with
suspicion and will refrain from active trading at least until after the
Moon enters Scorpio Monday afternoon.
By Monday's closing bell, however, the stage will have been set for an
extremely positive week for equities. The upward trend should be clearly
in evidence by the time trading gets underway on Tuesday, and that day's
Mercury/Venus conjunction, heliocentric Venus/Kronos opposition, and
heliocentric Mercury/Poseidon conjunct all point to higher stock prices.
The positive energy continues into Wednesday, with some amplification
coming from the lunar apogee, but there's an important caveat. The Moon
goes void-of-course less than half an hour after Wednesday's opening
bell, and it stays void throughout the remainder of the trading day. The
information we will be getting about economic and market conditions is
not to be trusted that day, especially since a rare Neptune/Poseidon
parallel is underway--the fondest hopes and the grandest dreams are
likely to be pure and deliberate deception. With Ben Shalom Bernanke
beginning his testimony before Congress and with the final week of
campaigning heating up before the primary contests in Ohio and Texas,
there will be plenty to suspicious of!
On Thursday we may be ready for a brief breather as far as stock prices
are concerned, but the heliocentric Venus/Jupiter conjunction brings a
positive bias to the mix. That's also true of the waning heliocentric
Jupiter/Uranus quintile, which is an extremely rare event--it last
occurred in late May, 1994. While I expect Friday to be a positive day
that caps off a positive week, there's also the possibility that some
profit-taking will level off the action a bit, especially since the
Venus/Pluto parallel may calm down the speculative energies. That same
planetary aspect will be triggering some powerfully optimistic energy
during the following week, however, so a short-term bullish bias is
definitely justified by the current astrology at work.
Throughout this trading week I will be tracking heliocentric
fourth-harmonic planetary lines (H,90,N,-2) for Mercury, Venus, Jupiter,
Chiron, Kronos, and Poseidon, 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.
When we awaken in consciousness and begin to feel more alive ourselves,
when we get in touch with our own divine vitality, we are doing more
than just adding to our personal spiritual growth. Consciously or
unconsciously, we are also accepting responsibility for others--for our
families, for our communities, and for our planet. Knowing that the
individuals in any group embody many stages of awareness and evolution,
we can open our hearts to serve more humbly and appropriately.
"Since nothing we intend is ever faultless, and nothing we attempt ever
without error, and nothing we achieve without some measure of finitude
and fallibility we call humanness, we are saved by forgiveness." --David
Augsburger
For more astrologically-based spiritual insights and a free subscription
to our monthly e-zine, be sure to visit
www.PracticalSpiritualAstrology.com.
*****
GLOBAL EQUITIES MARKETS
Although there were some bright spots in Europe and Latin America, with
Amsterdam and Sao Paulo leading the way, for the most part the markets
around the world spent last week treading water, with a clear bias to
the downside. Most of the strength in Europe was connected with surging
prices in the precious metals, and with the U.S. dollar hitting a
three-week low versus the euro.
Dow Jones Industrial Average -- up 0.27%
Dow Jones Transportation Average -- down 0.47%
Dow Jones Utilities Average -- down 0.57%
S+P 500 -- up 0.23%
NASDAQ Composite Index -- down 0.79%
Russell 2000 -- down 0.87%
London FTSE-100 -- up 1.74%
Amsterdam Index -- up 3.87%
Paris CAC-40 -- up 1.11%
Frankfurt DAX -- down 0.38%
Mexico Index -- up 1.86%
Sao Paulo BOVESPA -- up 5.45%
Sydney All Ordinaries -- down 0.62%
Bombay SENSEX -- down 4.23%
Tokyo Nikkei Index -- down 0.90%
Shanghai SE Composite Index -- down 2.82%
Hong Kong Hang Seng Index -- down 3.49%
*****
U.S. EQUITY TRENDS
U.S. stocks spent another week essentially going nowhere, but with a
significantly negative bias. While some of the large-cap issues managed
to close the week in positive territory, the picture was not very rosy
at all for the small caps and tech issues. Right now we are watching the
astrological indicators of a possible turn back to the plus side, but
from a purely technical standpoint our bearish trend indicators for U.S.
stocks in all time frames remained confirmed.
The NASDAQ Composite closed the week at 2303.35. 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 695.43. 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 1353.11. 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 -- I noted last week that 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 Gold. That certainly didn't happen last week, with the metal hitting
yet another all-time trading high. Even so, the astrological and cycle
indicators remain in place and the outlook for Gold is increasingly
toppy, if not completely bearish. Protect profits here and be ready for
opportunities on the short side in the weeks ahead.
SILVER -- Although it backed off a bit after an aggressive start to the
week that took it to its highest level in 27 years, Silver also finished
up in positive territory. Like Gold, this metal brings the potential for
increasing downside pressure right now. The lunar apogee after the
closing bell on Wednesday could be a major trigger of a significant
corrective move, so I'll be watching the price action particularly
closely toward the end of the trading week.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED LAST WEEK: EPIC, TRA, PSSI, MCD.
We closed four trades during the past week, with one winner and three
losers bringing us a net profit of $230.00.
We sold 500 shares of Epicor Software Corporation (EPIC) at 11.95 on
02/19/08, taking a profit of $725.00 (a 13.81% gain in 21 trading days).
We bought to cover 300 shares of Terra Industries Inc. (TRA) at 48.00 on
02/19/08, taking a loss of $195.00 (a 1.37% loss in 4 trading days).
We bought to cover 600 shares of PSS World Medical Inc. (PSSI) at 17.75
on 02/21/08, taking a loss of $150.00 (a 1.43% loss in 11 trading days).
We sold 200 shares of McDonald's Corp. (MCD) at 54.50 on 02/22/08,
taking a loss of $150.00 (a 1.36% loss in 8 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO LAST WEEK: SFY, DCI,
OMG.
We added one long position and two short positions to the Model
Portfolio last week.
We bought 400 shares of Swift Energy Company (SFY) at 44.75 on 02/19/08,
with an initial stop set at 39.75.
We sold short 400 shares of Donaldson Company Inc. (DCI) at 42.20 on
02/21/08, with an initial buy stop set at 47.00.
We sold short 200 shares of OM Group Inc. (OMG) at 60.95 on 02.21/08,
with an initial buy stop set at 66.00.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 19 completed trades, with 9
winners and 10 losers bringing us a total net profit of $9,815.00. The
largest profit for a single trade has been $3,300.00, with our winners
averaging $1,316.67; the largest single-trade loss has been $370.00,
with our losers averaging $203.50. The overall average profit per trade
has been $516.58, and the mean duration of our trades has been 13.5
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
Donaldson Company Inc. (DCI) -- sold short 400 shares at 42.20 on
02/21/08; currently 41.76. Lower buy stop to 42.40.
Hewlett-Packard Company (HPQ) -- bought 200 shares at 42.95 on 02/05/08;
currently 47.40. Raise stop to 45.25.
MEMC Electronic Materials Inc. (WFR) -- bought 100 shares at 75.25 on
02/15/08; currently 81.55. Raise stop to 76.00.
OM Group Inc. (OMG) -- sold short 200 shares at 60.95 on 02/21/08;
currently 59.71. Lower buy stop to 61.25.
Swift Energy Company (SFY) -- bought 400 shares at 44.75 on 02/19/08;
currently 47.63. Raise stop to 45.40.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Internet Service Providers; Steel and Iron; Aluminum; Copper; Gold.
WEAKEST MARKET SECTORS LAST WEEK:
Education and Training Services; Sporting Activities; Consumer Services;
Manufactured Housing; Personal Computers.
*****
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 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
February 25
Sun crossing Universal Clock 24 Line 00:49 EST
Heliocentric Venus quincunx Heliocentric Mars 04:15 EST
Venus opposition 08/01/08 Solar Eclipse point 04:34 EST
Mars trine True Lunar Node 05:23 EST
Heliocentric Mercury sesquiquadrate Heliocentric Uranus 05:44 EST
Heliocentric Mercury trine Heliocentric Kronos 07:10 EST
Heliocentric Earth trine Heliocentric Jupiter 07:26 EST
Void-of-Course Moon 08:35-13:06 EST
Heliocentric Mercury sextile Heliocentric Saturn 18:43 EST
Mercury sesquiquadrate Hades 21:21 EST
Moon crossing Universal Clock 24 Line 23:27 EST
Jupiter square 09/07/06 Lunar Eclipse antiscion 23:38 EST
February 26
Heliocentric Mercury sextile Heliocentric Jupiter 03:28 EST
Venus sesquiquadrate Hades 04:36 EST
Heliocentric Venus opposition Heliocentric Kronos 07:15 EST
Sun in 24th harmonic to Neptune 07:49 EST
Heliocentric Earth sextile Heliocentric Mercury 12:16 EST
Mercury conjunct Venus 12:54 EST
Heliocentric Mercury conjunct Heliocentric Poseidon 15:33 EST
Mars square 03/18/07 Solar Eclipse point 18:26 EST
Venus trine Zeus 19:25 EST
Heliocentric Earth sextile Heliocentric Poseidon 22:14 EST
February 27
Mercury trine Zeus 00:00 EST
Venus crossing Universal Clock 24 Line 04:28 EST
Heliocentric Venus trine Heliocentric Saturn 06:53 EST
Venus square 02/07/08 Solar Eclipse antiscion 09:39 EST
Void-of-Course Moon begins 09:54 EST
Pluto in 24th harmonic to Cupido 11:01 EST
Sun trine Poseidon 12:21 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Apollon 12:56 EST
Neptune parallel Poseidon 15:06 EST
Mercury crossing Universal Clock 24 Line 15:23 EST
Heliocentric Mercury semisextile Heliocentric Zeus 15:56 EST
Venus in 24th harmonic to True Lunar Node 17:01 EST
Lunar apogee 20:19 EST
Heliocentric Earth quintile Heliocentric Hades 20:27 EST
Heliocentric Mercury sesquiquadrate Heliocentric Hades 22:35 EST
Mercury square 02/07/08 Solar Eclipse antiscion 23:26 EST
Moon crossing Universal Clock 24 Line 23:48 EST
February 28
Void-of-Course Moon ends 01:22 EST
Heliocentric Venus conjunct Heliocentric Jupiter 01:41 EST
Heliocentric Venus quintile Heliocentric Uranus 02:19 EST
Sun sesquiquadrate Vulcanus 06:05 EST
Heliocentric Venus semisquare Heliocentric Neptune 06:35 EST
Mercury in 24th harmonic to True Lunar Node 10:51 EST
Venus sesquiquadrate Mars 10:56 EST
Heliocentric Jupiter quintile Heliocentric Uranus 15:36 EST
Heliocentric Mercury semisquare Heliocentric Pluto 17:13 EST
Heliocentric Earth semisquare Heliocentric Vulcanus 18:25 EST
Heliocentric Venus quintile Heliocentric Apollon 18:41 EST
Heliocentric Mars sesquiquadrate Heliocentric Uranus 18:46 EST
Heliocentric Mercury semisextile Heliocentric Cupido 19:38 EST
True Lunar Node direct station 21:19 EST
Heliocentric Venus sextile Heliocentric Poseidon 22:56 EST
February 29
Venus parallel Pluto 00:41 EST
Saturn opposition 08/28/07 Lunar Eclipse point 02:25 EST
Heliocentric Mars semisextile Heliocentric Kronos 03:09 EST
Heliocentric Mercury square Heliocentric Chiron 09:34 EST
Heliocentric Earth semisquare Heliocentric Apollon 15:19 EST
Heliocentric Mercury quintile Heliocentric Saturn 19:13 EST
Heliocentric Venus sesquiquadrate Heliocentric Admetos 22:50 EST
March 1
Moon crossing Universal Clock 24 Line 00:16 EST
Heliocentric Earth semisextile Heliocentric Zeus 00:22 EST
Mercury sesquiquadrate Mars 01:59 EST
Venus semisextile Jupiter 03:31 EST
Sun sesquiquadrate Apollon 05:06 EST
Heliocentric Mercury trine Heliocentric Uranus 05:11 EST
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 06:22 EST
Venus sextile Cupido 07:07 EST
Venus semisquare Pluto 07:43 EST
Void-of-Course Moon 11:54-13:33 EST
Sun quincunx Zeus 11:58 EST
Sun quintile Admetos 18:06 EST
Mercury parallel Venus 21:12 EST
Chiron conjunct 02/07/08 Solar Eclipse point 21:37 EST
Heliocentric Venus square Heliocentric Zeus 21:59 EST
Mars square 09/22/06 Solar Eclipse point 23:57 EST
Heliocentric Mercury biquintile Heliocentric Hades 23:59 EST
March 2
Jupiter semisextile Cupido 05:45 EST
Heliocentric Mercury semisquare Heliocentric Jupiter 07:43 EST
Heliocentric Mercury square Heliocentric Neptune 08:20 EST
Jupiter in 24th harmonic to Pluto 12:00 EST
Sun in 24th harmonic to True Lunar Node 16:18 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 17:14 EST
Venus conjunct 02/07/08 Solar Eclipse point 19:46 EST
Venus conjunct Chiron 21:06 EST
Sun quintile Pluto 21:46 EST
Venus sesquiquadrate Kronos 22:55 EST
Moon crossing Universal Clock 24 Line 23:45 EST
Mercury sextile Cupido 23:54 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: CLB, MDR, SGR.
Core Laboratories NV (CLB)
NYSE; optionable
First Trade Date: 07/10/1998; 09:30 a.m.
Amsterdam-based Core Laboratories provides reservoir description,
production enhancement, and management services to the oil and gas
industry around the world. This stock has just started to break out of
the trading range that has confined it during the past four or five
weeks as transiting Saturn has hovered near the CLB First-Trade
Ascendant. As that aspect fades the stage will be set for even higher
prices for CLB, and with transiting Jupiter semisquare First-Trade
Cupido and sesquiquadrate the First-Trade True Lunar Node there's a good
possibility that the next breakout for this stock will be significant.
We plan to add a long position to the Model Portfolio toward the end of
this trading week; our initial stop will be set at 106.50.
McDermott International Inc. (MDR)
NYSE; optionable
First Trade Date: 11/29/1982; 10:00 a.m.
With transiting Jupiter crossing the MDR First-Trade Ascendant, it's not
surprising to see this stock challenging recent price resistance. In
fact, with transiting Apollon conjoining First-Trade Poseidon, things
may seem unusually rosy. However, transiting Saturn is moving into
position to square First-Trade Uranus and sextile the First-Trade True
Lunar Node. That means a short position is in order. We will take one
during the first part of the trading week, with an initial buy stop set
at 50.75.
The Shaw Group Inc. (SGR)
NYSE; optionable
First Trade Date: 07/11/1991; 09:30 a.m.
Based in Baton Rouge, Louisiana, the Shaw Group provides a variety of
waste management engineering, technology, construction, fabrication,
environmental, and industrial services to companies around the world.
SGR is just getting ready for an upside breakout, and transiting Saturn
is crossing its First-Trade Midheaven. Along the way, there are plenty
of positive aspects for this stock, including Jupiter square First-Trade
Mercury, quincunx First-Trade Hades, semisquare First-Trade Pluto, and
trine First-Trade Venus. Our plan is thus to add a long position in SGR
to the Model Portfolio around the middle of the trading week; our
initial stop will be set at 54.00.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published by Taylor-Bost
Consulting and edited by Tim Bost at 2132 Beneva Road, Sarasota, FL
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http://www.TimBost.com. Entire contents
© copyright 2008 Timothy L.
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