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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
The Bottom Line
Comment
A Publication Delay
Mars and Neptune at Work
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: During the week ahead
we are likely to see a positive
start to trading, with stocks moving higher or at least stopping the
hemorrhaging that has been going on in recent sessions. By midweek,
however, I'm expecting to see some consolidation in the trading
environment, with profit-taking pulling prices back down just long
enough to prepare the way for a renewed attempt at a rally as the
trading week draws to a close.
COMMENT: When I warned last week that "this
is not the time to be
sticking your neck out too far," I perhaps understated the case. Stocks
started the week optimistically instead of on the glum note that I had
anticipated, and then moved into a congested trading pattern that
closely matched my expectations. By the end of the week, however, the
bears were definitely in charge, and hopes for a positive week in
equities had clearly been decapitated.
A SCHEDULE ADJUSTMENT
Patty and I just returned from Denmark not that many hours ago, and the
demands of travel have necessitated some tweaking in the production
schedule for this week's newsletter. That's why it's hitting your email
inbox a few hours later than usual. By the way, the conference in
Copenhagen was quite remarkable--I'll be sharing some details as well as
some travel comments in next week's issue!
A CORRECT LOW
The stage has certainly been set for higher stock prices as we move into
the new week, with the S+P 500 hitting an exact planetary low in last
Friday's trading, resonating perfectly with Saturday's Mars/Neptune
opposition. This is a signal for a potential up move in the markets, and
even though we could see some congested trading in the presence of
increasingly bearish technical indicators, it seems likely that we will
get enough of a rally going during the next few weeks that there will be
a cautious return to market optimism before the summer is out, just in
time to yank the rug out from under naïve players with unprotected long
positions.
WATCH YORBA.TV
I plan to join Michael Yorba again on the Commodity Classics program
live on www.yorba.tv on Thursday afternoon,
June 26, at 3:30 p.m.
Central (4:30 p.m. Eastern).
I know we will have a lot of exciting stuff to talk about then, and I'm
looking forward to having you personally join the conversation and share
your comments through the program's online chatroom during the show.
Please plan now to join us on Thursday! In the meantime, take a moment
to access the archived video of my last appearance on Commodity Classics
at the end of May. It has taken an unusually long time to get this video
clip archived properly (Mercury retrograde at work again!), but it's now
available at last in the publications section of my website. You can
link directly to the video by going to
http://www.TimBost.com/publications/videogallery.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
During the week ahead we will be watching for the reports on The
Consumer Confidence Index, ICSC-UBS Store Sales, MBA Purchase
Applications, Durable Goods Orders, New Home Sales, the EIA Petroleum
Status Report, the EIA Natural Gas Report, Corporate Profits, GDP, Help
Wanted Index, Existing Home Sales, Personal Income and Outlays, Consumer
Sentiment, Farm Prices, Jobless Claims, and the Money Supply.
Some of the most closely watched economic numbers this week will be
those in the Consumer Confidence report from the Conference Board and
the Consumer Sentiment Report from the University of Michigan. Both of
the reports focus on an ever-more critical dimension of the economy--the
willingness of U.S. consumers to part with their increasingly worthless
dollars for purchases of all kinds.
Even more important in potential market impact, however, will be this
week's meeting of the Federal Reserve's Open Market Committee. The
policy group gets together on Tuesday and wraps up on Wednesday with a
statement on interest rates. With the Moon in Pisces for both the
meeting and the announcement, it's likely that we see rates unchanged,
along with an announcement that's loaded with confusing and
contradictory language.
ASTROLOGICAL DYNAMICS
The extremely difficult Mercury retrograde period is behind us at last,
but we may continue to see some lingering effect of this phenomenon
impacting equities and commodities prices during the week ahead.
Essentially that means that we are still somewhat subject to market
fake-outs and the potential for misreading indicators, so it's important
to stay on our toes throughout the trading week.
The trading week is likely to get off to a fairly positive start, thanks
in part to the lingering effects of the entry of heliocentric Mercury
into Aquarius on Sunday. And, as I pointed out previously in this
letter, the correct low for the S+P during last Friday's trading is also
a positive indicator.
At any rate, Monday looks like a positive day for stocks overall,
especially with the waxing Mars/Admetos square in the morning. It's
worth remembering, however, that a brief void-of-course Moon period gets
underway about an hour prior to the closing bell that day, so it's not a
good idea to wait until too late in the day to open new positions.
With a Zeus direct station and a waxing heliocentric Mercury/Poseidon
square, Tuesday is also likely to be a positive day for large-cap
stocks. The Sun/Kronos conjunction that night, however, may usher in
some trading congestion when trading resumes on Wednesday.
In fact, Wednesday is quite likely to be an occasion for some
profit-taking, especially if the markets react favorably to the
planetary influences at work on Monday and Tuesday. Wednesday's
Mercury/Cupido opposition will bring a sobering influence, with the
likelihood of slight losses being the order of the day.
The battle between the bulls and the bears is likely to come to a head
on Thursday, with the heliocentric Venus/Jupiter opposition heralding
higher prices while the Venus/Zeus opposition shortly before the closing
bell suggesting that stock prices are ready to go into a swan dive. The
net outcome will most likely be determined by Uranus, which is making a
retrograde station between the week's two final trading days. Direct
stations by Uranus are typically followed by strong upward price moves,
but in this case it's a retrograde Uranus station we're dealing with,
and that's a setup for choppy trading, even though the positive bias
remains (in somewhat weaker form). In my estimation, then, the
short-term market sentiment should tip the scales in a bullish direction.
That bullish notion is likely to gain some reinforcement on Friday, with
the heliocentric Mercury/Chiron conjunction just before the final
closing bell of the week. The heliocentric Mercury/Neptune conjunction
during the weekend is also likely to add to the positive market
expectations as we move through the next couple of trading weeks.
Throughout this trading week I will be tracking heliocentric
fifth-harmonic planetary lines (H,72,N,-2) for Mercury, Saturn, Uranus,
Kronos, and Apollon, 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.
We all have individual gifts, and we all are granted particular insights
that empower our personal development and enrich our ability to help
others around us. But regardless of how amazing our special capabilities
may be, they do little good for others or for us if they remain hidden
or unacknowledged. Inevitably there comes a time when we can no longer
allow them to remain dormant. We must express our ideas, we must reveal
our talents, and we must fully accept our true responsibilities. Along
the way, we can release our ego-driven need for belief in our own
weaknesses and limitations, bringing immeasurable blessing to ourselves
and our relationships in the process.
"To create something you must be something." --Johann Wolfgang von Goethe
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
Stock markets in Asia managed to put the brakes on a bit last week, but
for the most part shares prices continued their decline, even though the
rate of the plunge slacked off somewhat. That was hardly the case in the
U.S. and Europe, however, where there were much sharper losses. Latin
American issues also had a rough week.
Dow Jones Industrial Average -- down 3.78%
Dow Jones Transportation Average -- up 0.88%
Dow Jones Utilities Average -- up 0.90%
S+P 500 -- down 3.10%
NASDAQ Composite Index -- down 1.97%
Russell 2000 -- down 1.07%
London FTSE-100 -- down 3.14%
Amsterdam Index -- down 4.92%
Paris CAC-40 -- down 3.70%
Frankfurt DAX -- down 2.76%
Mexico Index -- down 6.20%
Sao Paulo BOVESPA -- down 3.85%
Sydney All Ordinaries -- down 1.24%
Bombay SENSEX -- down 4.07%
Tokyo Nikkei Index -- down 0.23%
Shanghai SE Composite Index -- down 1.29%
Hong Kong Hang Seng Index -- up 0.68%
*****
U.S. EQUITY TRENDS
Our bearish technical assumptions for the U.S. indices look ever more
justified, especially as the pace of the selling trend picked up
considerably last week. That doesn't rule out the possibility of a
short-term rally providing savvy players with opportunities on the long
side, but at this point we will need a considerable positive run to
reestablish a genuinely bullish trend.
The Russell 2000 made a half-hearted attempt early in the week to resume
its upward trendline, but the effort failed as this index hit resistance
at 740 and then reversed direction. The Russell 2000 closed the trading
week even lower at 725.73. The Russell is currently 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 spent most of the trading week well
below its 25-day moving average, and after starting the week on an
optimistic note, it began to push dramatically lower back toward the
2400 mark, closing the week at with a substantial loss at 2406.09. The
NADAQ is 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 1360 price level continued to be a magnetic point for the S+P 500 as
the trading week got underway, but that fantasy soon disappeared and the
index pushed its way down to trade at the lowest levels it has seen
March. After an especially big drop on Friday, the S+P 500 closed the
week at 1317.93. This index is on a December 17 short-term sell signal,
with a daily close above 1436 needed to reverse our trend assumptions
back to the long side. The S+P 500 is also 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 is still trying to establish some solid footing back above
the $900 mark. I'm anticipating a positive week for Gold, but it looks
like the yellow metal is headed for some significant price resistance at
$914, with the potential for a widely-supported downtrend in place until
late July or early August. If Gold begins a sell-off, the most important
support zone will come in at 845.00; if there's a big downward move
through that point we are likely to see even bigger losses ahead.
SILVER -- With Mercury now back in direct motion, I'm looking for my
Silver price projection models to normalize. I'm anticipating rising
Silver prices ahead, at least into the first or second week of July,
with a resumption of Silver prices running in tandem with the Gold market.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
NO TRADES CLOSED LAST WEEK.
*****
POSITIONS ADDED TO THE PORTFOLIO LAST WEEK: GIFI, ROG, SFY.
We added two long positions and one short position to the Model
Portfolio last week.
We bought 300 shares of Gulf Island Fabrication Inc. (GIFI) at 48.50 on
06/16/08, with an initial stop set at 44.50.
We sold short 300 shares of Rogers Corporation (ROG) at 42.00 on
06/19/08, with an initial buy stop set at 42.55.
We bought 200 shares of Swift Energy Company (SFY) at 59.50 on 06/20/08,
with an initial stop set at 55.45.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 57 completed trades, with 28
winners and 29 losers bringing us a total net profit of $19,192.00. The
largest profit for a single trade has been $3,450.00, with our winners
averaging $913.21; the largest single-trade loss has been $800.00, with
our losers averaging $220.00.The overall average profit per trade has
been $336.70, and the mean duration of our trades has been 9.1 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
Ansoft Corporation (ANST) -- bought 300 shares at 35.40 on 06/11/08;
currently 36.47. Raise stop to 35.25.
Caterpillar Inc. (CAT) -- sold short 200 shares at 82.25 on 06/13/08;
currently 79.08. Lower buy stop to 81.60.
Crown Holdings Inc. (CCK) -- sold short 300 shares at 28.45 on 05/28/08;
currently 27.41. Lower close-only buy stop to 28.40.
Gulf Island Fabrication Inc. (GIFI) -- bought 300 shares at 48.50 on
06/16/08; currently 49.71. Raise stop to 48.00.
Rogers Corporation (ROG) -- sold short 300 shares at 42.00 on 06/19/08;
currently 40.91. Lower buy stop to 42.30.
Sensient Technologies Corporation (SXT) -- sold short 400 shares at
31.50 on 06/12/08; currently 30.70. Lower buy stop to 31.40.
Swift Energy Company (SFY) -- bought 200 shares at 59.50 on 06/20/08;
currently 60.79. Raise stop to 58.40.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Drug Delivery; Nonmetallic Mineral Mining; Shipping; Education and
Training Services; Silver.
WEAKEST MARKET SECTORS LAST WEEK:
Health Care Plans; Tobacco Products; Radio Broadcasting; Toy and Hobby
Stores; Wholesale Auto Parts.
*****
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.
June 22
Heliocentric Mars biquintile Heliocentric Chiron 00:46 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Vulcanus 03:08 EDT
Moon Crossing Universal Clock 24 Line 05:00 EDT
Heliocentric Mercury semisextile Heliocentric Pluto 05:53 EDT
Heliocentric Mercury semisquare Heliocentric Cupido 06:20 EDT
Heliocentric Mercury enters Aquarius 07:10 EDT
Mars semisextile Vulcanus 09:49 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Jupiter 15:23 EDT
Sun square 03/18/07 Solar Eclipse Antiscion 19:47 EDT
True Lunar Node direct station 20:39 EDT
Venus sesquiquadrate Chiron 20:40 EDT
Jupiter quintile Poseidon 21:39 EDT
Heliocentric Earth semisextile Heliocentric Mercury 22:12 EDT
Heliocentric Venus square Heliocentric Zeus 22:53 EDT
June 23
Mercury biquintile Jupiter 00:13 EDT
Mercury biquintile Poseidon 01:14 EDT
Venus Crossing Universal Clock 24 Line 02:01 EDT
Mars sextile Apollon 03:47 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Chiron 04:37 EDT
Heliocentric Mars in 24th harmonic to Heliocentric Saturn 06:29 EDT
Heliocentric Mercury biquintile Heliocentric Hades 06:52 EDT
Mars square Admetos 06:54 EDT
Heliocentric Venus biquintile Heliocentric Chiron 07:46 EDT
Heliocentric Mercury biquintile Heliocentric Saturn 08:36 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Hades 12:13 EDT
Heliocentric Mercury quincunx Heliocentric Kronos 12:41 EDT
Mars semisquare Zeus 12:51 EDT
Void-of-Course Moon 15:04-15:32 EDT
Mars biquintile Jupiter 17:32 EDT
Saturn sextile Kronos 18:29 EDT
Jupiter semisextile True Lunar Node 18:31 EDT
Heliocentric Venus quintile Heliocentric Mars 18:59 EDT
Heliocentric Mercury semisquare Heliocentric Uranus 19:02 EDT
Heliocentric Earth semisquare Heliocentric Chiron 20:00 EDT
Mars quintile Poseidon 21:16 EDT
Heliocentric Mars trine Heliocentric Admetos 21:53 EDT
June 24
Zeus direct station 02:10 EDT
Moon Crossing Universal Clock 24 Line 02:49 EDT
Heliocentric Venus semisquare Heliocentric Transpluto 05:45 EDT
Venus trine Poseidon 07:04 EDT
Sun parallel Kronos 10:00 EDT
Heliocentric Mars sextile Heliocentric Vulcanus 12:07 EDT
Mars contraparallel Poseidon 14:34 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Neptune 15:04 EDT
Heliocentric Mercury square Heliocentric Poseidon 18:51 EDT
Sun conjunct Kronos 22:53 EDT
Heliocentric Earth opposition Heliocentric Kronos 23:01 EDT
June 25
Sun sextile Saturn 01:00 EDT
Heliocentric Mercury quincunx Heliocentric Saturn 04:50 EDT
Heliocentric Venus quincunx Heliocentric Cupido 04:57 EDT
Mercury quintile Mars 07:10 EDT
Heliocentric Mercury biquintile Heliocentric Kronos 08:20 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Mars 11:20 EDT
Sun sesquiquadrate True Lunar Node 11:22 EDT
Mars contraparallel Neptune 11:56 EDT
Mercury opposition Cupido 12:37 EDT
Venus sesquiquadrate Neptune 13:00 EDT
Heliocentric Mercury trine Heliocentric Zeus 17:44 EDT
Void-of-Course Moon 22:16-22:49 EDT
Moon Crossing Universal Clock 24 Line 22:47 EDT
June 26
Heliocentric Mercury sesquiquadrate Heliocentric Hades 00:04 EDT
Venus in 24th Harmonic to Vulcanus 01:41 EDT
Heliocentric Venus opposition Heliocentric Jupiter 02:45 EDT
Jupiter sesquiquadrate Saturn 03:55 EDT
Heliocentric Venus biquintile Heliocentric Neptune 05:16 EDT
True Lunar Node retrograde station 07:29 EDT
Venus semisquare Admetos 11:34 EDT
Heliocentric Mars semisextile Heliocentric Apollon 13:10 EDT
Venus square Zeus 13:41 EDT
Heliocentric Uranus biquintile Heliocentric Apollon 15:26 EDT
Sun sesquiquadrate Chiron 17:08 EDT
Mercury square 09/07/06 Lunar Eclipse Point 18:41 EDT
Heliocentric Mercury semisquare Heliocentric Pluto 18:52 EDT
Heliocentric Mercury sextile Heliocentric Cupido 19:13 EDT
Uranus retrograde station 20:01 EDT
June 27
Mars sextile Hades 00:14 EDT
Heliocentric Venus quincunx Heliocentric Chiron 01:27 EDT
Sun Crossing Universal Clock 24 Line 02:58 EDT
Heliocentric Mercury semisextile Heliocentric Jupiter 05:56 EDT
Venus square 09/11/07 Solar Eclipse Antiscion 07:54 EDT
Heliocentric Mars in 24th harmonic to Heliocentric Zeus 12:54 EDT
Heliocentric Mercury conjunct Heliocentric Chiron 15:47 EDT
Moon Crossing Universal Clock 24 Line 16:40 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Kronos 16:44 EDT
Mars conjunct Transpluto 21:42 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 22:39 EDT
June 28
Mercury quintile Transpluto 00:42 EDT
Void-of-Course Moon 02:13-02:50 EDT
Heliocentric Mercury quincunx Heliocentric Venus 03:32 EDT
Heliocentric Mercury semisextile Heliocentric Uranus 04:43 EDT
Heliocentric Venus trine Heliocentric Uranus 06:08 EDT
Venus in 24th Harmonic to Hades 06:10 EDT
Heliocentric Mercury biquintile Heliocentric Mars 10:09 EDT
Mercury parallel Admetos 12:54 EDT
Sun trine Poseidon 15:51 EDT
Venus semisquare Transpluto 16:05 EDT
Heliocentric Earth semisquare Heliocentric Neptune18:15 EDT
Mercury quintile Mars 18:19 EDT
Heliocentric Venus biquintile Heliocentric Cupido 22:00 EDT
Heliocentric Mercury conjunct Heliocentric Neptune 22:39 EDT
June 29
Heliocentric Earth semisquare Heliocentric Mercury 00:11 EDT
Heliocentric Earth quintile Heliocentric Apollon 01:05 EDT
Venus biquintile True Lunar Node 01:14 EDT
Heliocentric Earth quintile Heliocentric Uranus 01:38 EDT
Heliocentric Earth sextile Heliocentric Poseidon 06:58 EDT
Moon Crossing Universal Clock 24 Line 08:37 EDT
Venus semisquare Mars 08:57 EDT
Heliocentric Mercury square Heliocentric Admetos 12:27 EDT
Heliocentric Mars square Heliocentric Hades 14:05 EDT
Heliocentric Mercury quincunx Heliocentric Vulcanus 14:06 EDT
Heliocentric Mercury trine Heliocentric Apollon 19:50 EDT
Venus quincunx Cupido 20:54 EDT
Heliocentric Venus quincunx Heliocentric Neptune 22:25 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 22:37 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.
*****
STOCKS TO WATCH: PMTC, SAPE.
Parametric Technology Corporation (PMTC)
NASDAQ -- optionable
First Trade Date: 12/08/1989; 09:30 a.m.
With transiting Saturn currently in a sesquiquadrate to the PMTC
First-Trade Ascendant, this stock has seen a price pullback from the
highs it set in late May and early June. Within the week, however,
transiting Jupiter will conjoin the First-Trade Ascendant, making the
same planetary aspect that sent this stock into a rally in March. Our
plan is thus to add a long position in PMTC to the Model Portfolio early
in the trading week; we will set our initial stop at 17.45.
Sapient Corporation (SAPE)
NASDAQ; optionable
First Trade Date: 04/04/1996; 09:30 a.m.
Twice in June SAPE has tried unsuccessfully to break through price
resistance at 7.06, and now transiting Saturn is crossing the
First-Trade IC. While that's likely to bring the price of this stock
even lower, we view that as a buying opportunity, since transiting
Jupiter will soon be coming along to form aspects to First-Trade
Apollon, First-Trade Pluto, First-Trade Vulcanus, First-Trade Admetos,
and the First-Trade True Lunar Node, culminating in a First-Trade
Jupiter return on July 18. We will thus wait until after the middle of
the trading week to add a long position in this stock; our initial stop
if we buy the equity outright will be set at 6.19.
*****
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
newsletter, and the information in FINANCIAL CYCLES WEEKLY should in no
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
this newsletter be considered buy/sell advice.
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