Lessons originally published by Robert Hitt for the AstroEcon
website
Copyright 1997
Back to the AstroEcon main menu
Revised and copyrighted by Robert Hitt 10/6/2000
Now that you have gone through the first 5 lessons you should have some idea what you are looking at. The best way to show you how use astro for trading is to show you one step at a time what was done in one time period.
HERE IS A PRACTICAL EXAMPLE OF ASTROLOGY IN ACTION
This was taken directly from the subscriber updates posted from 11/28/2000 into
12/6/2000.
During this period the Nasdaq made a low on 11/30/2000 at 2523
and rose to 2878 on the open on 12/6/2000
Here is a 30 minute bar chart of the period from Novenber 22nd to December 7th
Here is a list of the aspects from 11/29/2000 till 12/5/2000.
PM update Wednesday 11/28/2000
Today was not as extremely negative during regular trading as tomorrow should
be. We are due for a capitulation day and all the astro ingredients are in place
for one between now and Friday morning. The addition of an emotionally confusing
Moon Neptune conjunction into the astro mix at 6:23 PM will only aggravate the
worry factor from Mercury opposition Saturn exact on Friday morning at 9:08 AM.
NOTE
Mercury aspects OFTEN manifest early. My focus is for a poor close on Thursday
and a general lightening up of mental anguish as Friday goes along. This does
not mean Friday is going to be an up day but we may see a candlestick that will
attract buyers on Monday.
I still like a dip on Friday to buy but frankly the after hours this evening is SCARY. I hope we see a complete trashing Thursday so I wont have to wonder how much downside is left.
AM UPDATE Monday 12/5/2000
Yesterday was a day when almost anyone who was paying attention could feel the
astro. The tension from the night before on the first quarter moon reached a
crescendo early before trading even started at the time the news item everyone
was waiting for was delayed (court action favoring Bush). The announcement was
postponed from early morning until 2 PM almost exactly at the time of the Sun
Pluto conjunction at 9:03 AM 12/4. That left many traders (including myself) in
a vulnerable position. I felt like I was twisting in the breeze at the whim of
some dangerous and chaotic element ready to spring out of nowhere. It truly was
a sense of immanent danger and being overly exposed to it. As the morning wore
on and the Dow began to establish a solid uptrend while Nasdaq refused to buckle
into a complete breakdown the tension level slowly began to ease. The discomfort
level remained relatively high even though the US Supreme court appeared to rule
slightly in favor of Bush at noon. Right after the US supreme court ruling the
announcement that Florida Judge Sauls ruling would be delayed again raised the
heat level even further.
The Sun Pluto conjunction was in the early morning. As this intense aspect separated during the day a Venus trine to Saturn (due at 10:55 PM) was slowly becoming exact. Venus and Saturn in trine is a calm contained sense of emotional balance to some and a sense of emotional containment to others. The inflection point where there was a definite changeover was 4:45 PM on the announcement from Florida that Gore's case had been trashed to the point of permanent damage. The sense of relief washed over the markets like a cool shower on a blazing hot day. The S&P Futures reacted immediately by jumping well over 10 points to a premium above fair value of at least 12-15 points. I know I felt the changeover in astro intensely and I assume many of you did also.
The positive traders reaction to Judge Sauls ruling was originally due out in the early morning about 9 AM. Had this news (which amounted to a defeat for Gore) been exactly on time the markets would have reacted exactly on time in the morning by rising sharply near the open. The way things turned out yesterday is a GREAT EXAMPLE to remember about how EVENTS interact with the astro to skew the timing. The intense astro forces needed to produce an impulse rally were present at 9:03 AM but the free will of man was still in play enough to delay the manifestation in price for a while. The net effect may be to dampen the reaction to some degree but most of the upside potential should still play out.
The NEXT DAY ON DECEMBER 5TH, RIGHT OFF THE OPEN, WAS THE START OF THE BIGGEST RALLY IN NASDAQ HISTORY. Because we knew that an extreme in negative sentiment had occurred on 11/30 and knew that optimism would be present on 12/6 AstroEcon subscribers were long and reaped the entire profit of that rally.
PM update Tuesday 12/5/2000
IS EVERYONE HAPPY???
Aint astrology AMAZING!!!. Geez we went from death's door to the pearly gates in
just a few days and it was timed perfectly by the Mercury aspects to Saturn
Friday and then Jupiter tomorrow. It does not get any better than this. Believe
me, I have been following astro for years and it gets more interesting every
day.
Nasdaq had the best rally in history today. The rise has been about 15% since the low on 11/30. I believe this about does it for the wave 3 of A phase with only a touchup rally due tomorrow to make some minor degree highs in certain sectors.
The exact Mercury Jupiter opposition is at 8:11 PM on Wednesday but we know the maximum effect is likely to be early. We also know this aspect is OVERLY optimistic so late buyers are being foolish which does not often go unpunished.
So we should expect a top Wednesday and profit taking on Thursday. The timing of some court action should be a negative factor on Thursday. What looked like a done deal about Gore quitting may encounter a small bit of doubt. The drop should not be dramatic but probably will be big enough to unnerve anyone who got long late today.
AM update 12/6/2000
Take the money and run. MOST OF THE LONG SIDE MONEY HAS BEEN MADE ALREADY at
least for the near term.
We should have brief touch up rallies today that will give anyone still long a chance to reap most of what was gained yesterday. I doubt we see more than that. You must choose RIGHT NOW if you will take the profit and be happy or place a sell stop well below where you think a retrace over the next few days will drop into. Hanging on for more needs to be examined to see if it is due to excessive greed. Remember only a few short days ago was the depths of hell for bulls.
BOTTOM LINE?
AstroEcon readers were long for the best rally in Nasdaq history from 12/1 and held that trade until the morning of 12/6 when it was covered at between 10 and 15% profit in only a few days.
The series of events detailed above is ALSO as good an example of why an understanding of ALL four forces at work in the markets is necessary. Astro, technical, fundamental AND political influences are at work to some degree at all times. Ignore one and the result is less accurate judgment. Ignore two and the result is no better than 50/50 of getting it right. Only using one factor and you may as well go to a casino because you have better odds there. No wonder the notion that market timing is impossible is prevalent. IT IS HARD WORK.
