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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
The Bottom Line
Comment
Discussions in Denver
A Quick Look
Politics and Paranoia
Trying to Make Payments
Tim on TV
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
Stock to Watch
THE BOTTOM LINE: It looks like there's
another positive week for stock
prices ahead of us, with strong action on Monday and Tuesday around the
Full Moon and the potential for some profit-taking and a slight pullback
on Friday as we move into the Memorial Day weekend.
COMMENT: Last week's trading in blue chip
and large cap stocks closely
matched my forecast based on the day-to-day astrological dynamics at
work, with rising prices on Monday and a modest pull-back on Tuesday
followed by a positive surge on Wednesday that led into positive price
action on Thursday and some congestion in Friday's trading. While the
trading in the markets doesn't always correspond quite so closely with
my assessment of the day-to-day astrology, I'm finding it increasingly
useful to do this kind of fine-tuning. It helps me stay more alert to
profitable opportunities, and what is often more important, it also
suggests times when it's better to walk away from the markets altogether.
A MILE-HIGH MEETING
I'm currently on the road, attending the United Astrology Conference
(UAC 2008) in Denver, Colorado, where I'm speaking as a part of the
faculty for the event.
UAC 2008 has brought together more than 1,200 astrologers from 48
countries, making it the world's largest gathering of professional
astrologers ever! My lecture is scheduled for Monday morning; I'll be
sharing ideas about "Mastering the Trading Triad with Astrology."
CONDENSED ANALYSIS
Because of my involvement in this conference, some of the analysis in
this issue of the newsletter is a bit more abbreviated than usual. My
aim is always to give you the critical information you need to make
informed decisions as an effective astro-trader, so I hope that in this
case less will truly turn out to be more! At any rate, if you have any
particular questions or concerns, don't hesitate to email me. Travel
commitments will keep my schedule a bit choppy for the next couple of
days, but I'll be glad to get back to you as promptly as possible.
POLITICAL ASTRO-DISCUSSIONS
There's a lot of talk here in Denver about the upcoming U.S.
presidential elections, about the severity and duration of the current
economic crisis, and about the likelihood of the collapse of various
governmental and economic structures as Pluto moves into the sign of
Capricorn.
Financial astrologer Arch Crawford commented that although he doesn't
feel that there will be an actual effort to manipulate stock prices to
impact election results this fall, the powers behind the scenes "may be
just trying to hold the markets up until our form of government
changes." Even so, he says he's concerned about the time leading up to
this November's election. "George W. Bush has written all these
executive orders saying that in the event of a national emergency, he
will be given absolute dictatorial powers," Arch said. "I'm not sure he
would be willing to turn that authority over to the Democrats."
MORTGAGE WORRIES ON LOTS OF MINDS
One of the questions I've been asked most frequently here in Denver this
week has been "When do you think the housing market will turn around?
Have we gotten to a bottom yet?"
In many cases, the people I'm talking to seem a bit disappointed when I
tell them that I expect to see more downside action before we find a
bottom in real estate. The cycles at work here won't be finding a trough
for at least another 12 to 18 months in even the most optimistic
scenarios, and on top of that, there's another fundamental problem that
needs to be taken into consideration--most of the ARMs, the adjustable
rate mortgages that were written before the bubble burst, haven't yet
reset at higher rates.
The fact is, many homeowners are still paying the low-low-low teaser
rates they negotiated when they purchased homes before the market went
south. By some estimates, we are only about 17 months or so into the ARM
payoff process right now, leaving plenty of room left for financial
shocks in the months and years ahead. When things begin to unravel a
little bit more, we could see much more intense downside action.
FINANCIAL ASTROLOGY ON WEB TV
I'm traveling back to Florida on Wednesday, and plan to be in my office
Thursday afternoon to join Michael Yorba for my regular guest appearance
on his "Commodity Classics" program on www.yorba.tv.
Tune in at 4:30
p.m. Eastern time (3:30 p.m. Central) to hear the conversation--you can
even join in via the live chat line during the "Commodity Classics"
broadcast. You can also go to the Video Gallery section of the
Publications page on my website at
http://www.timbost.com/publications/videogallery.html
to find the
archived videos from my previous appearances on this TV program.
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 reports on the Leading Indicators,
the Producer Price Index, ICSC-UBS Store Sales, MBA Purchase
Applications, the State Street Investor Confidence Index, the EIA
Petroleum Status Report, the EIA Natural Gas Report, Existing Home
Sales, Jobless Claims, and the Money Supply. On Wednesday there will
also be a release of minutes from the Federal Open Market Committee,
perhaps providing some hints about future directions for interest rates.
ASTROLOGICAL DYNAMICS
The astrological factors that are most likely to impact the markets this
week have a decidedly bullish bias. Much of the week's intensity is
likely to be focused in the initial trading days, when we can look for
stronger emotional energy and greater volatility on the trading floor.
Even before the trading week gets underway series of geocentric Venus
aspects help to set the stage for the week's trading expectations. On
Sunday the waxing Venus/Uranus sextile hints at positive price action to
come, but it's promptly contradicted by the Venus/Jupiter trine a little
later in the day.
Monday morning gets underway with a waning Venus/Mars quintile making
its influence felt. This is a solidly bullish planetary dynamic, and I'm
expecting its energy to be magnified considerably by Monday evening's
Full Moon.
That Full Moon intensity and the positive bias are likely to spill over
into Tuesday as well, thanks to some extra bullish help from a waxing
Venus/Neptune square, a waning Venus/Vulcanus sextile, and a waxing
Venus/Pluto biquintile. With the Sun entering Gemini at High Noon in New
York, it will be interesting to keep an eye on the day's trading
activity, to watch for shifts in temperament and intensity.
The positive energy may calm down a bit on Wednesday, but it's likely to
be bullish nevertheless, thanks to some help from the waning
Jupiter/Uranus sextile and the waning Mars/Pluto biquintile. The trading
day may get off to a fairly choppy start, however, with the Sun/Mars
parallel adding some extra strength to the tug-of-war potential for
indecisiveness accompanying the Sun's entry into Gemini.
On Thursday morning it will be time to take a very welcome break, thanks
to a void-of-course Moon that will be in effect until mid-day. By the
time trading gets underway after lunch, however, things are likely to
have a powerfully positive spin, with the Sun/Saturn square adding a
huge amount of bullish energy to the mix.
Friday may actually be a down day for trading, but it will probably
represent a little bit of profit taking after an overall positive week.
The waning heliocentric semisquare about four hours prior to the opening
bell that day brings some long-range positive potential for stock
prices, but it's nevertheless likely to provoke some short-term
choppiness as the week comes to a close. The waxing heliocentric
Venus/Neptune square that afternoon is a positive indicator, but the
Mars/Poseidon square that evening is another indicator that suggests
initial choppiness followed by positive price trends.
There are some additional positive astro-indicators coming up over the
weekend, including the entry of Venus into Gemini and the Chiron
retrograde station, but with the Memorial Day weekend keeping many
traders focused on things other than the markets, their impact may be
diminished as the next week gets underway, especially with simultaneous
Mercury and Neptune stations coming up as well.
Throughout this trading week I will be tracking geocentric
fifth-harmonic planetary lines (G,72,N,-2) for the Sun, Mercury, Venus,
Mars, Saturn, Pluto, Apollon, and Admetos, 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 astro-trading
analysis and trading software 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.
The grace of the Wesak Moon brings us unadulterated enlightenment, a
dazzling gift that lifts our spirits to new heights of divine
intelligence. This is more than an occasion of welcome relief from
stressful tensions; it is an opportunity to receive a blessing more
profound than we can possibly imagine. As we do so, we not only get a
glimpse of our true potential; we also revive the sacred connection to
our celestial heritage, and to the loving forces that guide and protect
our every step along the spiritual path.
"Life is either a daring adventure or nothing. Security does not exist
in nature, nor do the children of men as a whole experience it. Avoiding
danger is no safer in the long run than exposure." -- Helen Keller
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
With Latin America, Tokyo, and Mumbai leading the way, stock markets
around the world bounced back nicely last week. All the market indices
we tracked gained ground for the week, but in some cases the price
advances really weren't much to write home about.
Dow Jones Industrial Average -- up 1.89%
Dow Jones Transportation Average -- up 3.37%
Dow Jones Utilities Average -- up 1.38%
S+P 500 -- up 2.67%
NASDAQ Composite Index -- up 3.41%
Russell 2000 -- up 2.93%
London FTSE-100 -- up 1.61%
Amsterdam Index -- up 2.16%
Paris CAC-40 -- up 2.37%
Frankfurt DAX -- up 2.19%
Mexico Index -- up 4.85%
Sao Paulo BOVESPA -- up 4.48%
Sydney All Ordinaries -- up 2.77%
Bombay SENSEX -- up 4.17%
Tokyo Nikkei Index -- up 4.13%
Shanghai SE Composite Index -- up 0.30%
Hong Kong Hang Seng Index -- up 2.22%
*****
U.S. EQUITY TRENDS
U.S. stocks posted some respectable gains last week, but once again the
advances weren't quite big enough to trigger fresh buy signals. All of
our technical trend assumptions intact. In spite of all the efforts to
get a big rally going, we still don't have the technical confirmation
for a fully bullish stance, but it won't take much additional market
enthusiasm to reverse that picture.
The Russell 2000 closed the trading week at 741.17. This index has seen
some solid price advances, but the Russell remains on a January 4
short-term sell signal, with a daily close above 799 required to return
to short-term bullishness. 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.
Once again, the NASDAQ Composite backed off a bit, to finish the week at
2528,85 still short of our technical price target to confirm a reversal
to the upside. The NADAQ currently remains on a November 8 short-term
sell signal, with a daily close above 2735 needed to reverse our
technical trend assumptions back to the buy side. The NASDAQ is on a
January 22 long-term sell signal, with a daily close of 3044 or higher
needed to resume long-term bullish expectations. 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 has come tantalizingly close to confirmed bullishness with a
weekly close at 1425.35, but this index is still on a December 17
short-term sell signal, with a daily close above 1436 needed to reverse
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 -- With a close back above both the psychologically important 900
mark and its 35-day moving average as well, Gold is continuing to rally
in spite of the likelihood of persistent selling pressure continuing
until mid-summer. Gold is still trading well above its 200-day moving
average, and unless we suddenly see support in the 833-836 range getting
challenged, we can look for more upside expansion during the next week
or two.
SILVER -- Silver also ended the week with a significant positive pop,
and has at last successfully broken out above its 10-day moving
averages, with the 35-day moving average waiting in the wings. I'm still
looking for the upcoming Full Moon to add its energy to a Moon/Jupiter
parallel. At that point we have the distinct likelihood that Silver
prices will continue to rally at least into the end of May and possibly
into early June as well. A daily close above 17.00 will be a
significantly bullish signal in this market.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED LAST WEEK: AZO, EFX.
We closed two trades during the past week, with two winners bringing us
a net profit of $575.00.
We bought to cover 100 shares of Autozone Inc. (AZO) at 124.50 on
05/12/08, taking a profit of $75.00 (a 0.60% gain in 4 trading days).
We bought to cover 400 shares of Equifax Inc. (EFX) at 38.50 on
05/13/08, taking a profit of $500.00 (a 3.14% gain in 8 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO LAST WEEK: NCR, WMB.
We added one long position and one short position to the Model Portfolio
last week.
We sold short 500 shares of NCR Corporation (NCR) at 25.25 on 05/13/08,
with an initial buy stop set at 27.05.
We bought 300 shares of Williams Companies, Inc. (WMB) at 36.75 on
05/15/08, with an initial stop set at 33.50.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 47 completed trades, with 23
winners and 24 losers bringing us a total net profit of $17,477.00. The
largest profit for a single trade has been $3,450.00, with our winners
averaging $1,002.17; the largest single-trade loss has been $800.00,
with our losers averaging $232.31. The overall average profit per trade
has been $371.85, and the mean duration of our trades has been 9.4
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
Dover Corporation (DOV) -- bought 300 shares at 49.80 on 05/05/08;
currently 53.97. Raise stop to 52.25.
NCR Corporation (NCR) -- sold short 500 shares at 25.25 on 05/13/08,
currently 25.72. Lower buy stop to 26.05.
T. Rowe Price Group, Inc. (TROW) -- bought 200 shares at 58.75 on
04/25/08; currently 62.05. Raise stop to 60.55.
Williams Companies, Inc. (WMB) -- bought 300 shares at 36.75 on
05/15/08; currently 38.83. Raise stop to 37.25.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Heavy Construction; Wholesale Building Materials; Data Storage Devices;
Industrial Metals and Minerals; Gaming Activities.
WEAKEST MARKET SECTORS LAST WEEK:
Medical Practitioners; Southeast Regional Banks; Manufactured Housing;
Recreational Goods; Water Utilities.
*****
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.
May 18
Sun square Transpluto 02:21 EDT
Saturn conjunct 02/21/08 Lunar Eclipse point 02:38 EDT
Mercury square 09/11/07 Solar Eclipse point 03:38 EDT
Heliocentric Earth biquintile Heliocentric Kronos 06:42 EDT
Venus sextile Uranus 07:22 EDT
Heliocentric Mercury trine Heliocentric Chiron 09:02 EDT
Heliocentric Mercury quintile Heliocentric Pluto 11:02 EDT
Venus trine Jupiter 11:17 EDT
Heliocentric Earth semisquare Heliocentric Jupiter 14:09 EDT
Heliocentric Earth square Heliocentric Transpluto 17:40 EDT
Heliocentric Mercury biquintile Heliocentric Admetos 17:48 EDT
Heliocentric Venus sesquiquadrate Heliocentric Pluto 19:08 EDT
Venus square True Lunar Node 19:26 EDT
Heliocentric Venus quincunx Heliocentric Cupido 21:05 EDT
Heliocentric Mercury quincunx Heliocentric Uranus 23:24 EDT
May 19
Venus quintile Mars 05:48 EDT
Heliocentric Mars quintile Heliocentric Hades 07:31 EDT
Heliocentric Venus contraparallel Heliocentric Mars 14:03 EDT
Heliocentric Venus contraparallel Heliocentric Saturn 14:26 EDT
Heliocentric Mars parallel Heliocentric Saturn 19:34 EDT
Heliocentric Mercury trine Heliocentric Neptune 19:44 EDT
Full Moon 22:11 EDT
Void-of-Course Moon 22:11-23:18 EDT
Moon Crossing Universal Clock 24 Line 23:18 EDT
May 20
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 00:40 EDT
Heliocentric Mercury semisquare Heliocentric Saturn 01:52 EDT
Mars square 08/16/08 Lunar Eclipse antiscion 02:05 EDT
Venus square Neptune 02:27 EDT
Venus sextile Vulcanus 02:44 EDT
Heliocentric Earth semisextile Heliocentric Pluto 02:58 EDT
Mercury quintile Saturn 03:27 EDT
Venus square 08/16/08 Lunar Eclipse point 04:32 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Cupido 06:10 EDT
Heliocentric Jupiter sesquiquadrate Heliocentric Transpluto 07:14 EDT
Venus biquintile Pluto 09:13 EDT
Heliocentric Venus biquintile Heliocentric Zeus 09:20 EDT
Venus conjunct Admetos 10:54 EDT
Heliocentric Mercury semisquare Heliocentric Mars 11:44 EDT
Sun enters Gemini 12:00 EDT
Heliocentric Mercury quincunx Heliocentric Admetos 12:01 EDT
Heliocentric Venus square Heliocentric Chiron 12:04 EDT
Heliocentric Mercury square Heliocentric Vulcanus 13:56 EDT
True Lunar Node parallel Poseidon 17:26 EDT
Heliocentric Mercury biquintile Heliocentric Uranus 18:00 EDT
Heliocentric Mercury conjunct Heliocentric Apollon 20:25 EDT
Venus quincunx Apollon 22:59 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Zeus 23:27 EDT
May 21
Jupiter semisextile True Lunar Node 00:39 EDT
Venus sesquiquadrate Zeus 01:43 EDT
Sun quincunx Pluto 02:21 EDT
Sun parallel Mars 02:31 EDT
Uranus semisextile True Lunar Node 04:15 EDT
Heliocentric Mars semisquare Heliocentric Vulcanus 04:25 EDT
Heliocentric Mercury trine Heliocentric Hades 05:51 EDT
Heliocentric Venus semisquare Heliocentric Kronos 10:36 EDT
Jupiter sextile Uranus 14:02 EDT
Heliocentric Mercury sextile Heliocentric Transpluto 14:56 EDT
Mars biquintile Pluto 17:46 EDT
Heliocentric Venus sextile Heliocentric Uranus 19:13 EDT
Sun biquintile Apollon 20:07 EDT
Mars quintile Admetos 23:44 EDT
Moon Crossing Universal Clock 24 Line 23:48 EDT
Venus semisextile Hades 23:58 EDT
May 22
Void-of-Course Moon 00:20-11:55 EDT
Heliocentric Mercury sextile Heliocentric Pluto 00:55 EDT
Heliocentric Mercury semisquare Heliocentric Cupido 01:50 EDT
Heliocentric Mercury enters Scorpio 03:31 EDT
Jupiter parallel Cupido 07:32 EDT
Sun square 02/21/08 Lunar Eclipse point 11:01 EDT
Sun square Saturn 14:25 EDT
Heliocentric Mercury quintile Heliocentric Jupiter 14:41 EDT
Venus parallel Admetos 14:52 EDT
Mars sesquiquadrate Uranus 20:07 EDT
Heliocentric Earth semisextile Heliocentric Mercury 20:30 EDT
Venus square Transpluto 21:50 EDT
May 23
Heliocentric Mars semisquare Heliocentric Apollon 05:35 EDT
Mercury trine Chiron 08:28 EDT
Heliocentric Mercury trine Heliocentric Kronos 08:41 EDT
Heliocentric Mercury parallel Heliocentric Saturn 10:11 EDT
Heliocentric Mercury parallel Heliocentric Mars 11:35 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Uranus 13:11 EDT
Heliocentric Venus square Heliocentric Neptune 14:35 EDT
Mars square Poseidon 20:13 EDT
May 24
Moon Crossing Universal Clock 24 Line 00:02 EDT
Sun semisextile Kronos 01:27 EDT
Heliocentric Mars semisextile Heliocentric Zeus 04:39 EDT
Void-of-Course Moon 08:26-23:52 EDT
Heliocentric Venus biquintile Heliocentric Pluto 10:20 EDT
Heliocentric Earth quincunx Heliocentric Kronos 12:46 EDT
Heliocentric Mercury contraparallel Heliocentric Venus 13:31 EDT
Heliocentric Mercury conjunct Heliocentric Poseidon 16:43 EDT
Venus enters Gemini 18:51 EDT
Heliocentric Mercury sextile Heliocentric Saturn 19:17 EDT
Sun quintile Uranus 21:28 EDT
Venus parallel Mars 23:38 EDT
May 25
Heliocentric Venus conjunct Heliocentric Admetos 00:36 EDT
Venus quincunx Pluto 04:20 EDT
Heliocentric Venus sextile Heliocentric Vulcanus 04:33 EDT
Chiron retrograde station 07:42 EDT
Heliocentric Mercury contraparallel Heliocentric Hades 10:07 EDT
Heliocentric Mercury quintile Heliocentric Transpluto 10:42 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Apollon 14:23 EDT
Heliocentric Mercury parallel Heliocentric Cupido 17:32 EDT
Heliocentric Mercury semisextile Heliocentric Zeus 17:44 EDT
Heliocentric Venus quincunx Heliocentric Apollon 17:54 EDT
Venus biquintile Apollon 19:15 EDT
Moon Crossing Universal Clock 24 Line 23:18 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 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.
*****
STOCK TO WATCH: FST
Forest Oil Corporation (FST)
NYSE; optionable
First Trade Date: 11/18/1997; 09:30 a.m.
With virtually simultaneous retrograde stations by both Mercury and
Neptune on May 26, it's particularly interesting to look for stocks that
are likely to resonate well with this unusual event. FST seems to be the
best of the batch, with the two planetary stations lining up in a
symmetrical pattern flanking the FST First-Trade IC, activating the
First-Trade Midheaven axis in a particularly powerful way. Historically
Mercury retrograde stations have had a basically neutral impact on the
price of this stock, but Neptune retrograde stations have driven FST
higher 80% of the time. The passage of the transiting Mercury/Neptune
midpoint over the FST First-Trade IC has also been a positive factor,
bringing the price of the stock up 70% of the time. In this case we also
have transiting Pluto conjoining the First-Trade Ascendant, transiting
Jupiter conjoining the First-Trade Secondary Progressed Venus,
transiting Cupido sextile First-Trade Jupiter, and transiting Kronos
trine the First-Trade Secondary Progressed Midheaven. While there's no
precedent for these aspects from slow-moving outer bodies, they all add
potentially positive dynamics to the mix, so FST is clearly a good
candidate for a long position. Our plan is to add a long position to the
Model Portfolio at the end of this trading week, with our initial stop
set at 62.25. The most likely exit point for the trade will come on June
6, but if the trade moves in our favor we will trail a stop that may
keep us in the action past that point.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527)
is published by Taylor-Bost
Consulting and edited by Tim Bost at 2132 Beneva Road, Sarasota, FL
34232 USA. Phone: 941-921-2588. Fax: 941-927-5798. Web:
http://www.TimBost.com. Entire contents
© copyright 2008 Timothy L.
Bost. No portion of Financial Cycles Weekly may be reproduced without
the publisher's written permission. Subscriptions to FINANCIAL CYCLES
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By providing a source of independent market analysis, the purpose of
FINANCIAL CYCLES WEEKLY is to foster the growth of person-centered
business and investment astrology; to enhance the development and
dissemination of financial literacy and prosperity consciousness; and to
explore the use of technical analysis and financial astrology in
promoting an esoteric spiritual understanding of economic trends,
geocosmic cycles, geopolitical events, and market movements. FINANCIAL
CYCLES WEEKLY is a general interest publication which is prepared from
astrological information, news reports, cycle projections, and market
observations which are believed to be accurate and reliable, but which
cannot be guaranteed. Portfolio and trading reports in this publication
do not include taxes and transaction fees, which should be taken into
consideration by prospective traders and investors. Even with accurate
information, past performance is no guarantee of future results.
Speculation in securities and commodities involves considerable
financial risk, and readers who plan to invest or speculate in
securities or commodities mentioned in FINANCIAL CYCLES WEEKLY have the
complete responsibility for making themselves fully aware of all the
risks involved before they invest. The editor may or may not have
positions in the securities and commodities discussed in this
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way be understood or construed as a solicitation or an offer to buy or
sell any products or securities, nor should the material published in
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