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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
The Bottom Line
Comment
Tough Times in Vegas
Belly-Up Bear
Wondering about Wheat
Tim on TV
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: With each new action by the
Fed signaling deeper and deeper
concern about the economic freefall, there is tremendous negative pressure
on the equities markets right now. Trading this week should start off in
negative territory, but a positive surge prior to midweek and the magnitude
of the Spring Equinox/Full Moon combination at week’s end are both likely to
contribute to a net gain to the truncated pre-holiday trading picture for
stocks.
COMMENT: The markets responded perfectly last
week to the extraordinarily
volatile energies that were initiated on March 7 with the New Moon conjoined
by Uranus accompanying a Mars/Pluto opposition. I forecast “a trading week
with many contradictory indicators,” and that’s exactly how things played
out, with an astonishing rally on Tuesday followed by uncertainty on
Wednesday and a sell-off on Thursday and Friday that brought us right back
where we had started out. The wild swings and the uncertainty were both
definitely Uranian in nature, while the Mars/Pluto opposition made itself
manifest in the sheer emotional intensity of the week’s trading.
Right now there’s blood in the streets. The S+P is down 18% from its October
9 peak, and is off 12% from the price levels it enjoyed at the start of the
decade. By any reasonable expectation, this should be the start of a major
buying opportunity for stocks, but the market behavior is anything but
reasonable at this point. In many quarters we are seeing jaws drop as
shell-shocked traders and investors alike gape at the speed and intensity of
the current collapse.
Even so, the astrological factors at work behind the scenes suggest the
distinct possibility of a short-term bear market rally in equities. I fully
expect to see equities trading at higher price levels by the end of this
month, but there’s no guarantee that a positive move can be sustained for
any length of time. There’s plenty of motivation right now for holders of
long positions to sell into strength.
IS LADY LUCK LEAVING VEGAS?
The fallout from the mortgage crunch grows more widespread every week, and
not all the properties being impacted are residential. In Las Vegas, a
casino has been added to the foreclosure list. The developer of the
Cosmopolitan Resort Casino, a $3.9 billion complex on the Las Vegas Strip,
has been notified by Deutsche Bank AG that foreclosure proceedings are about
to begin. Deutsche Bank is the primary lender on the property, holding a
$780 million mortgage.
IS A BUSTED BEAR A BARGAIN?
Five months ago, in early October, 2007, you could have picked up 100 shares
of Bear Stearns Companies (BSC) for about $13,300. On Monday, though, J.P.
Morgan Chase and Company will move forward with its purchase of all of Bear
Stearns at just $2 a share, a discount of 98.5% from the October share
price.
The giant investment banking company (the fifth largest in the U.S.) is just
the latest—but certainly not the last—casualty of the darkening credit
crisis. After last week’s run on the bank, Bear Stearns faced a grim choice:
cash out the company at $2 a share or face bankruptcy.
The interesting factor in all of this is the Federal Reserve, which is doing
everything imaginable to prevent big bank failures, even when big banks
actually fail. In this case the Fed took drastic action on Friday to
underwrite the assets that Bear Stearns has been unable to sell because
buyers are simply not interested in them at any price—assets like
mortgage-backed securities that are worth less with each passing day.
This raises some intriguing questions about the underlying integrity of the
Fed’s actions in bailing out Bear Stearns, actions that apparently have at
least been strong enough to make the firm saleable, albeit only with the Fed’s
substantial help. First of all, the roughly $30 billion that the Fed has
added to the pot is almost certainly the largest amount the central bank has
ever provided to an individual company in financial trouble. That fact alone
is worth paying attention to, and just the scope of the Fed’s actions in
this theatre boggles the mind as a precedent for even bigger financial
manipulations to come.
But there’s more than that at stake here, most notably the underlying
question of sane judgment in the Fed’s actions. As far as I can tell, no
banker in his right mind who is seriously interested in making a profit
would consider lending against collateral that’s deflating. No matter how
you slice and dice it, the numbers just don’t add up. Yet that’s exactly the
kind of lending the Fed is doing in the Bear Stearns case. While it may seem
to the casual observer that this is much more like an act of desperation
rather than a stroke of genius, I personally think it’s actually more like
an act of insanity.
But lest we forget, it is after all the Fed that prints the money, as much
as it wants, whenever it wants. As the plunging value of the U.S. dollar so
unequivocally demonstrates, the notion of the currency providing for a
meaningful transfer of wealth is something that no longer makes any sense at
all. So what real difference does it make whether or not Bear Stearns goes
bankrupt or gets bought or bailed out? The whole system is increasingly
bogus anyway, and there doesn’t seem to be too much that can be done about
it at this late stage of the game.
From an astrological perspective it’s noteworthy that transiting Saturn
recently conjoined the Sun in the Bear Stearns incorporation horoscope for
8/21/1985. Yet while this is a stressful event, it’s not the first time it
has happened during the company’s long history. A Saturn transit may have a
profound impact, but it’s definitely quite survivable. What’s different
right now is the conjunction of transiting Pluto with Neptune in the Bear
Stearns incorporation chart. Since Pluto has a 248-year orbital period, that’s
something that has never happened to the company before, and it has
obviously been powerful enough to create an unparalleled transformation,
provided by this bargain basement sale.
WHERE’S THE WHEAT?
I’m generally not in much direct contact with the agricultural markets,
which is why I always appreciate the few opportunities I get for first-hand
reports. One of those opportunities came a couple of days ago, when I was
chatting with a Wyoming farmer who grows wheat and raises cattle. He
remarked that his wheat crop had done well this year, and that it had
brought him a good price, although he hadn’t managed to sell at the top.
But, he said, he had just completed a road trip through some of the prime
wheat-growing territory in the American Midwest, and had been surprised by
what he had seen.
“I was looking to see the condition of the hard red winter wheat,” he told
me, “just to get a feel for how things are going. But what really shocked me
about the crop was that there isn’t one. As far as I could see as I drove
through some of the best wheat-growing land in the country, nobody has
planted any wheat at all!”
I asked him if he thought the absence of the wheat crop was due to plans for
putting in corn for ethanol, and he said that was the notion that made the
most sense to him. If that proves to be the case, it could add an
interesting spin to the current push for alternative energy. But whether the
next planting emphasis turns out to be corn or soybeans, it’s also likely
that the current situation will factor heavily into wheat prices in the
months to come.
LOOK FOR TIM ON TV
I’ll be featured as a guest on the “Commodity Classics” show this Thursday,
March 20, at 4:30 p.m. Eastern (3:30 Central) at www.Yorba.tv
to talk with
host Michael Yorba about the astrology behind current market trends. You can
view streaming videos of some of my recent TV appearances by going to the
Video Gallery section of the Publications page on this newsletter’s website
at www.FinancialCyclesWeekly.com
.
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 the 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
With a four-day week ahead due to the Good Friday market holiday, we will be
getting a fairly light dose of news on the economy. This week we will be
watching for the economic news on Capacity Utilization, Industrial
Production, the NY Empire State Index, ICSC-UBS Store Sales, MBA Purchase
Applications, Net Foreign Purchases, Building Permits, the EIA Petroleum
Status Report, the EIA Natural Gas Report, Producer Price Index, Housing
Starts, the Philadelphia Fed Report, Leading Indicators, Jobless Claims, and
the Money Supply.
The Federal Reserve Open Market Committee will be meeting this week, with an
interest rate and policy announcement due on Tuesday afternoon.
ASTROLOGICAL DYNAMICS
The recent ingresses of geocentric Mercury into Pisces, of heliocentric
Mercury into Capricorn, and of heliocentric Venus into Aquarius have all set
the stage for a trading week that begins with some significant downward
pressure for stocks. Although that push toward bearishness may last
throughout the trading day on Monday, the oppositions of geocentric Mercury
to Saturn and heliocentric Mercury to Kronos that day are both powerfully
positive astrological indicators, so I’ll be very surprised if we don’t see
a significant afternoon rally on Monday and/or a solid push toward higher
prices as Tuesday gets underway.
Tuesday brings the short-term positive influence of a waxing Jupiter/Saturn
sesquiquadrate, but the bullish implications are weakened somewhat by a pair
of eclipse activations and by the waxing heliocentric Venus/Poseidon square.
A void-of-course Moon begins about an hour and a half prior to the New York
closing bell on Tuesday, and I plan to get any unfilled trades off the table
prior to that time.
Wednesday brings a mixed bag of astrological influences, with the
Venus/Poseidon trine promising higher prices and the heliocentric
Mercury/Jupiter conjunction bringing a weak downward bias. With two more
eclipse activations stirring the pot, this will be a difficult day to call,
but on balance it looks like we will end the trading day in positive
territory.
Since Friday will be a market holiday, the week’s trading action will
conclude on Thursday. From an astrological perspective, however, Thursday
and Friday function as a powerful team, and I’m expecting a strong burst of
energy to impact trading on Thursday, with the likelihood of a carry-over
into the start of the following trading week. Thursday brings the Spring
Equinox accompanied by another eclipse activation and a waxing
Mercury/Poseidon trine, setting up some positive expectations for stocks.
Friday’s Full Moon will be underscoring the bullish dynamic, bringing
exceptional energy to the situation due to the Pluto/Kronos opposition
creating a Grand Cross pattern with the Sun and Moon at the time of the
alignment. By the way, another void-of-course Moon kicks in on Thursday
about half an hour before the closing bell, so the better part of wisdom
will be to get an early start on the holiday weekend.
I’m thus expecting a week that starts off on a sour note, tries to stage a
short-term rally with mixed results, pulls back into some choppiness and
consolidation, and then concludes with a positive bang.
Throughout this trading week I will be tracking heliocentric fourth-harmonic
planetary lines (H,90,N,-2) for the Earth, Mercury, Venus, Jupiter, Pluto,
Kronos, Zeus, 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.
There are times when life comes crashing in on us, obliging us to deal with
unfortunate events and stressful emotions. Even in the midst of trauma,
however, we can remember that every action has divine potential and every
circumstance offers cosmic revelations. While the apparent differences
between ourselves and others may seem to be barriers to commerce and
communication, it is really in those differences that we are most alike,
sharing the true brotherhood that is born from creative diversity.
"If we don't believe in freedom of expression for people we despise, we
don't believe in it at all." --Noam Chomsky
For more astrologically-based spiritual insights and a free subscription to
our monthly e-zine, be sure to visit www.PracticalSpiritualAstrology.com.
*****
GLOBAL EQUITIES MARKETS
It was a roller-coaster week for stocks around the world, with most of the
major averages finishing up about where they started. Mexico showed the
greatest strength, while the Asian markets took the most sizable losses.
Dow Jones Industrial Average – up 0.48%
Dow Jones Transportation Average – up 0.36%
Dow Jones Utilities Average – down 0.23%
S+P 500 – down 0.40%
NASDAQ Composite Index – down 0.00%
Russell 2000 – up 0.42%
London FTSE-100 – down 0.13%
Amsterdam Index – down 0.12%
Paris CAC-40 – up 0.24%
Frankfurt DAX – down 0.21%
Mexico Index – up 1.98%
Sao Paulo BOVESPA – up 0.67%
Sydney All Ordinaries – down 1.50%
Bombay SENSEX – down 3.87%
Tokyo Nikkei Index – down 4.23%
Shanghai SE Composite Index – down 7.66%
Hong Kong Hang Seng Index – down 1.17%
*****
U.S. EQUITY TRENDS
In spite of Tuesday’s big run-up in stock prices, there is still plenty of
weakness in U.S. equities. The strong surge was followed by equally strong
selling with the net result being yet another week which continued to
confirm the bearish expectations from our technical trend indicators for
U.S. stocks in all time frames.
The Russell 2000 closed the week at 662.90. 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 NASDAQ Composite closed the week unchanged at 2212.49. 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 S+P 500 closed the week at 1288.14. 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 has broken the $1,000 an ounce barrier, but that certainly doesn’t
mean a top is in. Another strong bullish phase is getting underway for Gold,
with this leg up for the yellow metal taking us at least into early April.
SILVER –Silver’s strength is also likely to continue, since after Gold’s
boom there is plenty of room to go in catching up to the traditional
Gold/Silver price ratio. We may see a little bit of a pull-back in Silver
trading early in the week, but by the time we get to the Spring Equinox on
Thursday l anticipate another big upward move getting underway in this
metal; in fact, the gains we see in late March and most of April may even be
stronger than the positive picture we witnessed in February!
*****
FINANCIAL CYCLES MODEL PORTFOLIOTRADE CLOSED LAST WEEK:
MMSI.
We closed one trade during the past week, with one winner bringing us a net
profit of $175.00.
We bought to cover 700 shares of Merit Medical Systems (MMSI) at 15.50 on
03/13/08, taking a profit of $175.00 (a 1.59% gain in 5 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO LAST WEEK: ORB, SGY.
We added one long position and one short position to the Model Portfolio
last week.
We sold short 500 shares of Orbital Sciences Corporation (ORB) at 23.45 on
03/11/08, with an initial buy stop set at 25.25.
We bought 300 shares of Stone Energy Corporation (SGY) at 52.00 on 03/11/08,
with an initial stop set at 51.00.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 25 completed trades, with 12 winners
and 13 losers bringing us a total net profit of $10,920.00. The largest
profit for a single trade has been $3,300.00, with our winners averaging
$1,150.42; the largest single-trade loss has been $450.00, with our losers
averaging $221.92. The overall average profit per trade has been $436.80,
and the mean duration of our trades has been 12.1 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
Orbital Sciences Corporation (ORB) – sold short 500 shares at 23.45 on
03/11/08; currently 23.42. Lower buy stop to 23.90.
Stone Energy Corporation (SGY) – bought 300 shares at 52.00 on 03/11/08;
currently 53.75. Raise stop to 52.75.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Manufactured Housing; Healthcare Facilities REITs; Education and Training
Services; Catalog and Mail Order Houses; Pacific Regional Banks.
WEAKEST MARKET SECTORS LAST WEEK:
Toy and Hobby Stores; Health Care Plans; Major Airlines; Sporting
Activities; Diagnostic Substances.
*****
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.
March 16
Venus in 24th harmonic to Uranus 01:46 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Zeus 02:10 EDT
Sun quincunx Apollon 02:47 EDT
Heliocentric Mercury enters Capricorn 03:04 EDT
Mercury opposition 02/21/08 Lunar Eclipse point 03:05 EDT
Cupido retrograde station 03:55 EDT
Venus trine Mars 04:21 EDT
Heliocentric Mercury biquintile Heliocentric Admetos 07:25 EDT
Heliocentric Venus semisquare Heliocentric Uranus 07:54 EDT
Heliocentric Venus quincunx Heliocentric Kronos 08:04 EDT
Heliocentric Jupiter sextile Heliocentric Poseidon 09:16 EDT
Heliocentric Mars sextile Heliocentric Zeus 12:43 EDT
Void-of-Course Moon 14:58-21:04 EDT
Heliocentric Mercury semisquare Heliocentric Chiron 15:13 EDT
Venus conjunct 08/28/07 Lunar Eclipse point 15:23 EDT
Mercury parallel True Lunar Node 16:57 EDT
Mercury trine Kronos 19:46 EDT
Moon crossing Universal Clock 24 Line 20:41 EDT
Kronos direct station 22:18 EDT
Heliocentric Earth square Heliocentric Hades 22:32 EDT
March 17
Venus biquintile Zeus 01:24 EDT
Mercury semisquare Jupiter 01:36 EDT
Mercury opposition Saturn 05:44 EDT
Mercury in 24th harmonic to Chiron 10:59 EDT
Heliocentric Mercury opposition Heliocentric Kronos 11:10 EDT
Mercury contraparallel Saturn 12:27 EDT
Sun semisextile True Lunar Node 13:59 EDT
Venus crossing Universal Clock 24 Line 15:20 EDT
Mercury in 24th harmonic to Uranus 17:17 EDT
Heliocentric Venus quincunx Heliocentric Saturn 17:35 EDT
March 18
Heliocentric Earth biquintile Heliocentric Neptune 00:03 EDT
Mercury conjunct 08/28/07 Lunar Eclipse point 03:16 EDT
Sun conjunct 03/18/07 Solar Eclipse point 03:55 EDT
Heliocentric Mercury biquintile Heliocentric Mars 04:25 EDT
Heliocentric Mercury trine Heliocentric Saturn 06:03 EDT
Jupiter sesquiquadrate Saturn 06:43 EDT
Mercury trine Mars 07:34 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Neptune 08:38 EDT
Heliocentric Mars semisquare Heliocentric Hades 10:26 EDT
Mercury biquintile Zeus 11:26 EDT
Venus parallel Apollon 11:27 EDT
Heliocentric Mercury quintile Heliocentric Uranus 12:44 EDT
Heliocentric Mercury semisquare Heliocentric Neptune 14:20 EDT
Void-of-Course Moon begins 14:39 EDT
Moon crossing Universal Clock 24 Line 14:55 EDT
Heliocentric Mercury quintile Heliocentric Apollon 20:20 EDT
Heliocentric Mercury semisextile Heliocentric Venus 21:22 EDT
True Lunar Node retrograde station 22:00 EDT
Heliocentric Mercury sextile Heliocentric Poseidon 22:38 EDT
Mercury crossing Universal Clock 24 Line 23:27 EDT
Heliocentric Venus square Heliocentric Poseidon 23:38 EDT
March 19
Heliocentric Mercury conjunct Heliocentric Jupiter 00:25 EDT
Heliocentric Venus semisextile Heliocentric Jupiter 03:01 EDT
Void-of-Course Moon ends 03:25 EDT
Venus in 24th harmonic to Neptune 07:25 EDT
Heliocentric Earth square Heliocentric Pluto 08:12 EDT
Sun opposition 09/22/06 Solar Eclipse point 09:17 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Admetos 11:55 EDT
Venus trine Poseidon 13:14 EDT
Mars square 03/14/06 Lunar Eclipse antiscion 22:11 EDT
March 20
Heliocentric Mercury square Heliocentric Zeus 00:43 EDT
Spring Equinox – Sun enters Aries 01:48 EDT
Sun crossing Universal Clock 24 Line 01:48 EDT
Heliocentric Venus biquintile Heliocentric Kronos 03:15 EDT
Venus sesquiquadrate Vulcanus 03:44 EDT
Mercury in 24th harmonic to Neptune 09:06 EDT
Heliocentric Mars biquintile Heliocentric Uranus 10:24 EDT
Moon crossing Universal Clock 24 Line 12:26 EDT
Mercury trine Poseidon 13:12 EDT
Venus parallel Chiron 15:01 EDT
Void-of-Course Moon begins 15:28 EDT
Heliocentric Mercury quincunx Heliocentric Mars 15:55 EDT
Mars crossing Universal Clock 24 Line 18:05 EDT
Sun conjunct 09/22/06 Solar Eclipse antiscion 18:19 EDT
Sun quintile Jupiter 19:58 EDT
Heliocentric Venus trine Heliocentric Zeus 22:57 EDT
March 21
Mercury sesquiquadrate Vulcanus 01:01 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Pluto 03:29 EDT
Sun square Pluto 04:38 EDT
Heliocentric Mercury semisextile Heliocentric Cupido 05:35 EDT
Mercury parallel Apollon 08:00 EDT
Void-of-Course Moon ends 11:45 EDT
Heliocentric Venus sesquiquadrate Heliocentric Hades 11:48 EDT
Heliocentric Earth sesquiquadrate Heliocentric Chiron 13:43 EDT
Full Moon 14:40 EDT
Zeus opposition 09/11/07 Solar Eclipse antiscion 15:56 EDT
Venus sesquiquadrate Apollon 16:30 EDT
Venus quincunx Zeus 20:35 EDT
Heliocentric Mercury semisextile Heliocentric Chiron 21:33 EDT
Sun opposition 03/18/07 Solar Eclipse antiscion 23:44 EDT
March 22
Mercury sesquiquadrate Apollon 06:28 EDT
Mercury quincunx Zeus 09:43 EDT
Venus quintile Admetos 09:59 EDT
Sun biquintile Poseidon 10:24 EDT
Heliocentric Mars quintile Heliocentric Apollon 10:28 EDT
Moon crossing Universal Clock 24 Line 11:09 EDT
Heliocentric Earth quintile Heliocentric Cupido 15:16 EDT
Heliocentric Mercury sextile Heliocentric Uranus 16:16 EDT
Heliocentric Venus opposition Heliocentric Mars 16:16 EDT
Venus in 24th harmonic to True Lunar Node 18:31 EDT
Mercury quintile Admetos 20:29 EDT
Sun square Kronos 23:20 EDT
March 23
Heliocentric Venus semisquare Heliocentric Pluto 00:12 EDT
Heliocentric Mercury quintile Heliocentric Poseidon 01:22 EDT
Mercury parallel Chiron 02:29 EDT
Mercury in 24th harmonic to True Lunar Node 02:35 EDT
Heliocentric Venus sextile Heliocentric Cupido 04:00 EDT
Sun quincunx Saturn 04:01 EDT
Venus opposition 03/03/07 Lunar Eclipse point 07:36 EDT
Void-of-Course Moon 08:42-22:06 EDT
Venus quintile Pluto 09:40 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Saturn 11:07 EDT
Mercury opposition 03/03/07 Lunar Eclipse point 13:24 EDT
Mercury quintile Pluto 15:01 EDT
Heliocentric Mercury semisextile Heliocentric Neptune 17:38 EDT
Heliocentric Earth square Heliocentric Kronos 20:40 EDT
Heliocentric Mars sesquiquadrate Heliocentric Pluto 20:50 EDT
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
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*****
STOCKS TO WATCH: SU, SXT.
Suncor Energy Inc. (SU)
NYSE; optionable
First Trade Date: 04/18/1997; 09:30 a.m.
This Canadian integrated energy company carries on diverse operations
through its Oil Sands, Natural Gas, Energy Marketing and Refining, and
Refining and Marketing divisions. Transiting Saturn will be crossing over
the SU First-Trade IC late this week, and then goes on to form a semisquare
to First-Trade Vulcanus, a sextile to First-Trade Poseidon, and a trine to
First-Trade Venus before the month is out. Even as April gets underway, with
transiting Admetos in the 24th harmonic to First-Trade Mercury and
transiting Mars square First-Trade Saturn and semisextile First-Trade Hades,
there are plenty of restrictive influences on this stock. Our plan is thus
to sell SU short early in the trading week, with an initial buy stop set at
113.00. We will adjust this buy stop after the trade gets settled in,
however, and will reverse our trade to a long position if we get stopped
out.
Sensient Technologies Corporation (SXT)
NYSE; optionable
First Trade Date: 02/10/1977; 10:00 a.m.
Based in Milwaukee, Wisconsin, this chemical company manufactures and
markets colors, flavors, and fragrances worldwide. Transiting Apollon is
sesquiquadrate the SXT First-Trade Kronos right now, and transiting Mars has
just formed a trine to First-Trade Cupido. Over the next couple of weeks
transiting Mars will be activating First-Trade Zeus, the First-Trade
Ascendant, the First-Trade Sun, First-Trade Apollon, First-Trade Jupiter,
First-Trade Vulcanus, and First-Trade Venus. Then, with transiting Zeus
trine First-Trade Kronos, transiting Jupiter will conjoin the First-Trade
Midheaven, with transiting Uranus sextile the First-Trade Midheaven at the
same time. In other words, there’s plenty of reason to expect a run-up in
the price of this stock, and we wouldn’t be surprised to see SXT break
through resistance and start trading above 28.50. In our book that’s a good
potential setup for a short position in this stock, and we plan to add one
to the Model Portfolio near the end of the current trading week. We will set
our initial buy stop at 30.50.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published by Taylor-Bost
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