Tag Archives: Admetos

Hurricane Dorian Meets Admetos

Hurricane Dorian has dominated the news for the past few days.

That’s especially been true here in Florida. The state is currently projected as being right in the storm’s cross hairs.

Hurricane Dorian Is Big

Hurricane Dorian

Hurricane Dorian is currently a category 4 storm. It’s packing winds of over 150 miles per hour. As it crosses over warm ocean, it’s expected to intensify.

A potential landfall in Florida is still some days away. But panic has already set in.

Florida’s governor has already declared a state of emergency for the entire state. He has advised citizens to stock up with at least a week’s supply of food and water.

That’s sent folks scrambling to the stores. It’s a big boon for retail grocers.

Patty and I stopped in at a local supermarket earlier today. It was a routine visit for us.

We were stunned to encounter wall-to-wall people jamming the aisles.

The store had put a limit on the purchase of bottled drinking water. Customers were allowed just two 24-bottle cases each. And while we were there, the store manager got on the public address system to direct employees:

“All associates need to keep a close eye on customers. When they check out, don’t let them back into the store. We’ve already had people check out with two cases of water. Then they’ve sneaked back into the store so they can get back in line and try to buy more. Remember, there’s a strict limit of just two cases per customer!”

Consider a couple of facts. We live on the west coast of Florida, on the Gulf of Mexico just south of Tampa. Hurricane Dorian is in the Atlantic Ocean approaching the east coast of Florida.

So panic here seems a bit over the top.

Patty is a Florida native. She and I have lived together here for over 23 years. So we tend to take storm preparation more or less in stride.

But Florida has seen a huge boost in population in recent years. Many of our neighbors have never experienced a hurricane first-hand.

So maybe we should expect panic buying.

The Astrological Perspective

Hurricane Dorian is big. But astrology suggests that it may not end up as a big problem for Florida.

Shortly after news of the Hurricane Dorian developed, I cast the storm’s horoscope.

I used the time of the first official notice of the original tropical depression, at the longitude and latitude of the reported sighting.

Here’s what the chart looks like:

Hurricane Dorian Event

With Uranus triggering the Mars/Hades and Aries/Moon midpoints, Dorian clearly means business. Its destructive potential may include loss of life.

What’s interesting is projecting Dorian’s planetary positions and aspects onto an astro-map of the Caribbean.

The lines on the chart are for planets rising, setting, and culminating.

I’ve circled a key point on the map. It’s the meeting point of two Uranus lines. The Uranus setting line crosses the line for Uranus square the Midheaven in eastern Dominican Republic.

Because Uranus is associated with storms and high winds, this geographic zone could prove significant.

As the storm neared that area, it changed direction. It moved more toward the north and northwest.

It may also intensify dramatically.

The exact effects remain to be seen, of course. But there’s one more factor to consider.

What Will Admetos Do?

Less than 24 hours from now, the transneptunian factor Admetos will be making a retrograde station. It’s exact shortly before 9:00 p.m. Eastern tomorrow, on August 31.

Admetos Retrograde

That’s a powerful event. The Sun/Mars conjunction adds even more force. We’ve already examined its potential impact on the markets.

It could also impact the weather.

As Hurricane Dorian consolidates the power of the Uranus zone near the Admetos station, the effects could be quite dramatic.

This storm is clearly a force to be reckoned with. But this planetary combination may make it even more unusual than some other storms.

We’ll be keeping an eye on things. Even if we’re not rushing to the grocery store for panic shopping.

 

Admetos Spotlight Highlights Gold

All markets will be in the Admetos spotlight when the transneptunian factor makes its retrograde station at the end of August.

Admetos will begin its annual period of retrograde motion on August 31. That provides a potential pivot point for the markets.

In fact, Admetos retrograde stations are frequently followed by an upward trend in stock market prices.

That was a key topic I discussed with Larry Pesavento earlier today. I’m always glad to be his guest.

Today I focused on the Admetos Spotlight during his broadcast of the Trade What You See program on TFNN.

Gold In The Admetos Spotlight

In particular, I shared my research on the impact of Admetos stations on the price of Gold.

When the yellow metal is in the Admetos spotlight at the time of the retrograde station, there’s a distinct buying opportunity.

That’s what’s happening now.

Here’s the video of my interview with Larry, including details on the reasons behind this Admetos spotlight trade in Gold.

Not all transneptunian stations have the same kind of impact, of course.

But in this case I think it’s worth paying attention to Gold in the Admetos spotlight!

The Astro-Trading Intensive

By the way, during the interview Larry Pesavento also asked me about our new Astro-Trading Intensive training program.

This brand-new training program has just been released in its online version, and it’s getting rave reviews.

The Astro-Trading Intensive is designed to help you get the most from your astro-trading experience. It removes confusion and uncertainty.

It gets you past the sense of overwhelm that sometimes sets in when you try to learn something new.

Most of all it moves youtoward profitable trading. It takes you by the hand and guides you step by step toward real astro-trading results.

It’s a great way to get up to speed with the astro-trading advantage in a short period of time.

CLICK HERE for more information on the Astro-Trading Intensive.

 

 

Double Retrograde Discussion with Larry Pesavento

When Larry Pesavento interviewed me this morning, we had a chance to talk about the impact of the recent double retrograde phenomenon.

We also took a look at the upcoming trends in the equities markets.

We even got in a bird’s eye view of the cryptocurrency markets.

Interview Recording

Here’s the entire interview, featuring the double retrograde impact and a whole lot more. It was broadcast earlier today on tfnn.com internet TV:

Double Retrograde Effect

The first of the trading charts that we shared with Larry during our conversation this morning dealt specifically with the double retrograde alignment. That’s what has coincided so sharply with the market action overall.

Solstice Energies

As we’ve noted repeatedly during the past few weeks, the Winter Solstice has the potential for triggering a short-term rally in stock prices.

Astro-Cycle Projection Dates

We found further confirmation for short-term swing action to the upside when we looked at this astro-cycle trading chart.

Solar Eclipse Webinar

We think that the solar eclipse coming up on January 5 is going to have an unexpectedly strong effect on the globe as a whole. That’s why I’m doing a special free webinar on the eclipse on December 28.

CLICK HERE to register for this free event:

 

Come join the fun!

Election Violence & Uranus-Admetos

Is there election violence just ahead?

The planetary aspects at the U.S. elections on November 8 are disturbing, to say the least.

They certainly suggest the possibility of election violence. It could be either at the polls themselves or in the aftermath of the vote count.

The Saturn-Vulcanus waxing sesquiquadrate contributes to a hyper-vigilant attitude. It’s a “do or die” dynamic that’s essentially looking for trouble. It stays on guard against imagined offences.

The Mars-Admetos waning trine adds to the tension. It signals an urge to take aggressive action against immovable obstacles. There’s a strong possibility that “get out the vote” forces could confront “suppress the vote” resistance.

Election Violence From A Pleasant Source?

And then there’s the conjunction of Venus with the transneptunian Cupido.

It’s just after the Election Day opening bell on the New York Stock Exchange.

Now don’t get me wrong.

Venus and Cupido are two of the good guys in astrology.

Venus is all about love, harmony, money, the arts, and beauty. It’s the feminine mystique personified.

Cupido is connected with community, family connections, and the sharing of common cultural heritage.

So when Venus and Cupido get together it’s typically good. We normally expect social harmony, pleasant connections, and marital bliss.

Venus Cupido S&P High
The Venus-Cupido conjunction marked a trading top for the S&P 500 in December, 2014.

But as this chart for the S&P 500 in 2014 shows, we sometimes get something else.

The Venus-Cupido conjunction coincides with trading tops about 60 percent of the time.

But this time the two planets meet, on Tuesday, November 8, we may get even more negative results.

Venus Cupido signals election violence
The Venus-Cupido conjunction on November 8, 2016 won’t be taking place in isolation. It may even trigger election violence.

This 90-degree dial for the Venus-Cupido conjunction shows the meeting of the two planets at 25º 41′ Sagittarius.

But what’s interesting is not just the connection between those two beneficial planets.

It’s the fact that they trigger the Uranus-Admetos midpoint.

That’s pretty ominous.

This midpoint activation signals shocking social convulsions. We could see wanton destruction, murders, earthquakes, and yes, even election violence.

At the very least, we can expect sudden breakups of trusted associations.

Individuals and factions will be excluded.

They’ll need to learn how to go it on their own.

They may have wounds that take a very long time to heal.

It’s not a pretty picture.

Election Violence and the Markets

Don’t forget. The markets can react to social and political news in dramatic ways.

Election violence could amplify the November Meltdown in equities.

That’s exactly why I hosted a special webinar earlier today.

November Meltdown Webinar
We discussed the prospects for election violence during the live webinar on November 5, 2016.

During that session we took an-depth look at the current planetary stress.

We explored the roots of the election stress.

We checked the horoscopes for Donald Trump, Hillary Clinton, and James Comey.

And we shared solid strategies for profiting in these tense times.

The webinar recording is well worth downloading.

Election Violence in 1876

The election campaign this year has certainly been vicious.

But it’s not the only time that an election got nasty.

1876 election violence
Election violence was rampant in the aftermath of voting in 1876.

The prize for election violence goes to 1876.

Voters went to the polls on Tuesday, November 7, 1876. It was one of America’s most contentious and controversial contests.

The 1876 results are among the most disputed ever. But it’s certain that Samuel J. Tilden of New York outpolled Ohio’s Rutherford B. Hayes in the popular vote.

Hayes got 4,034,311 votes. Tilden got 4,288,546.

After a first count of votes, Tilden won 184 electoral votes. Hayes got 165.

But 20 votes were left unresolved. These 20 electoral votes were in dispute in four states.

In Florida, Louisiana, and South Carolina, each party reported its candidate had won the state.

In Oregon one elector was replaced. He had been declared illegal for being an “elected or appointed official”.

Ultimately, all three of Oregon’s votes were awarded to Hayes.

Hayes thus had a majority of one in the Electoral College.

The Democrats cried fraud. Tension and hostility swept the country.

Tilden supporters threatened that Hayes would never be inaugurated.

“Tilden or Blood” became the rallying cry. In Columbus, Ohio, a shot was fired at Governor Hayes’s residence as he sat down to dinner. Supporters marched to his home, calling for the “president”.

Hayes tried to calm the crowd. “It is impossible,” he said, “at so early a time, to obtain the result.”

As incidents of election violence surged, President Grant took action. He strengthened the military force in and around Washington.

 

A look at the h1876-tildenhayesoroscope for the disputed election of 1876 is revealing.

Saturn activates the Mercury-Kronos midpoint, so authoritative communications were in short supply.

With the Venus/Chiron mipoint also getting triggered, harmony and cooperation were difficult to establish.

But most important of all, Saturn also activated the Uranus-Admetos midpoint at the 1876 election. That’s the same combination being triggered now, setting the stage for stress and tension, and possibly even some election violence.

August 18 Lunar Eclipse Concerns

The August 18 Lunar Eclipse is just around the corner. It definitely raises some big concerns for stock market watchers and astro-traders.

Our astronomer friends tell us that the August 18 Lunar Eclipse is an appulse eclipse. That’s one which occurs when the Moon is at or near its closest proximity to Earth.

This means that in terms of visibility the August 18 Lunar Eclipse will be a penumbral eclipse. A partial shadow of the Earth will be visible over the face of the Full Moon, instead of a total eclipse.

Will You See The August 18 Lunar Eclipse?

If you’re in South America (except for the easternmost part) or in the eastern half of North America, you may be able to see the eclipse effects near moonset, shortly before sunrise on Thursday.

The full effect of the August 18 Lunar Eclipse will be visible in the western half of North America, the far-eastern portion of Russia. It can also be seen from the Bering Sea and in the Aleutian Islands.

The moonrise eclipse can be sighted in Australia, the Marshall Islands, Japan, North and South Korea, and the eastern part of Indonesia.

The Message For The Markets

But as astro-traders it’s the potential market impact of the August 18 Lunar Eclipse that concerns us the most.

August 18 Lunar Eclipse and S&P

If we compare the eclipse horoscope to the First-Trade chart for the S&P 500 cash contract from March 1, 1957, it’s easy to see the planetary connections.

All of them could have a big impact on the market. But they’re not uniformly negative influences.

For example, we can see transiting Jupiter conjoining First-Trade Jupiter. The eclipse is a Jupiter Return for the S&P.

We can also spot transiting Mercury conjoining First-Trade Apollon, so the talk in the markets is likely to have a bullish slant.

The conjunction of transiting Neptune with the S&P First-Trade Sun could add to the speculative energy in large-cap stocks.

In short, it’s not too surprising to see the S&P 500 hitting fresh all-time record highs as we approach the August 18 Lunar Eclipse.

Is This A Trading Top?

But the eclipse transit to the S&P First-Trade horoscope also brings its share of bearish concerns.

The eclipsed Moon conjoins First-Trade Mercury. So positive messages may suddenly become muted when expectations for the stock market are being discussed.

The S&P Sun also receives an ominous square from transiting Saturn.

This could constrict the money flow in the markets.

And on top of that, transiting Uranus conjoins the S&P First-Trade Admetos. Admetos functions as a “super Saturn” in the transneptunian realm. That could mean some very unpleasant surprises for the stock market following the August 18 Lunar Eclipse.

Just how unpleasant?

August 18 Lunar Eclipse 90-degree dial

A quick look at the 90-degree dial for the lunar eclipse horoscope offers some suggestions.

The lunar eclipse triggers the Saturn/Poseidon midpoint. So there may be some fresh disciplines to acquire, some sobering new concepts to assimilate, and some stern lessons to learn.

The Hades/Pluto midpoint also comes into sharp focus. It presents a picture of declining markets, grim circumstances, and the start of negative trends in which things get worse for a sustained period of time.

Kronos is also activated. Kronos is about the highest highs. Is this a signal of a market top?

A Precursor To The Solar Eclipse

FCW 1633We highlighted the August 18 Lunar Eclipse in the most recent issue of the FinancialCyclesWeekly.com newsletter. It provides more details and adds some additional perspectives on the significance of this lunar eclipse in terms of market impact. You can get the full issue of the newsletter at: http://www.financialcyclesweekly.com/members/Newsletter-for-August-14-20-02016.cfm

More importantly, though, this lunar eclipse is setting the stage for the next big solar eclipse. It’s coming up on September 1. Right now our new publication on this big event is getting prepared for release:

Beyond Shadows CoverIt’s called Beyond the Shadows: Divergence and Opportunity. It provides detailed analysis of the upcoming market trends associated with this eclipse cycle. You can pre-order your copy now at a special pre-publication discount rate.

You’ll find details on this special limited-time offer at: https://harmonicresearchassociates.leadpages.co/er1609pp/ 

Oh, and don’t forget that we also have our first-ever Heart of the Lion Astro-Trading Symposium coming up on September 26 and 27. We’ll be meeting in Bradenton, Florida.

Our sessions for that special event will include an in-depth discussion of using eclipse cycles in market forecasting. Our presenter, Jim Cummins, will also cast an eye on the geopolitical implications of this entire eclipse series.

We still have a few seats left at the early-registration discount price. If you move fast you can get one. You can find more details on the Heart of the Lion Astro-Trading Symposium at: http://bit.ly/HOTLATSeb.

Hope you can join us then!

 

 

 

Planetary Pairs in the Markets

Planetary pairs are one of the keys to effective analysis in astro-trading.

What are planetary pairs?

Basically they’re just two different planets that are used in combination to determine the characteristics of specific market action.

Different planetary pairs can be used with different stocks.

Ideally the planets involved will not only connect with the trading action, but will also relate in some way with the characteristics of the company as well.

But even if you’ve managed to select a good pair, it may not last.

Sometimes the trading energy for a particular stock will shift, and the planetary pairs will no longer describe the trading action accurately.

When that happens it’s up to us as astro-traders to examine other potential combinations of planetary pairs. We begin the search for what’s working now.

Picking The Best Planetary Pairs For Trading

Sometimes that search can be pretty frustrating.

We may look through dozens of planetary pairs, seeking in vain for the precise combination that fits the behavior of the stock we want to trade.

At other times the process of filtering through potential planetary pairs takes almost no time at all.

With a flash of inspiration, the perfect combination seems to appear magically!

But what is it that makes the perfect combination?

Fast and Slow

Ideally, you’re looking for one fast-moving planet and one slower-moving planet.

The faster planet will often help define trading trends, while its slower-moving companion helps structure key zones of support and resistance.

And fast and slow are always comparative.

Mercury is faster than Jupiter, but Jupiter is faster than Pluto.

Generally speaking, though, when you pick a fast planet you’ll be selecting the Sun or the Moon, or Mercury, Venus, or Mars.

For slower-moving planets you’ve got lots of options.

Transneptunians As Slow Planets

The Transneptunian Factors are particularly slow moving, which can make them extremely useful in constructing planetary pairs for market analysis.
TNP Transitions Planetary Pairs

We discussed this briefly in our recent webinar on the current Admetos action. Our focus was “The Hidden Transneptunian Transition Just Ahead” – the session provided an in-depth look at some critical factors other financial astrologers have overlooked. The webinar recording is worth downloading and reviewing in detail.

A Free Resource From TradersWorld

TW63

As a result of some focused research on the importance of planetary pairs, I wrote an article which has recently been published in Issue #63 of TradersWorld magazine. It takes a detailed look at the importance of this kind of planetary calculation, and why it’s so critical for astro-traders to include it in their work.

Thanks to the generosity of Larry Jacobs, the editor of TradersWorld, you can get this information for free.

Not just the article I wrote, but the complete Issue #63 in its entirety!

It amounts to 161 pages of great information on trading and market analysis – you’ll find it enormously useful if you want to expand your personal effectiveness as an astro-trader.

Just CLICK HERE to get your pdf download of the entire issue as an instant delivery.

 

 

An Astro-Trading Oil Prices Chart?

As I noted recently in the latest installment of the Astro-Traders Tip of the Week, the big event that astro-traders need to keep an eye on right now is the conjunction of the Sun with Neptune at 11:55 p.m. Eastern Time on Wednesday night, February 25.

Potential EuroZone Confusion

This alignment will take place at 7 degrees Pisces, a position that puts it in conjunction with Saturn in the May 17, 1876 horoscope for the Amsterdam Stock Exchange.

While that connection suggests that we’ll want to watch for continuing developments in EU politics during the coming weeks, the Sun/Neptune combination promotes confusion and illusory thinking in general. This could mean some speculative opportunities that seem to be too good to be true (and probably are), along with duplicity, muddled market signals, and self-deception.

Why An Oil Prices Chart?

But Neptune is also traditionally associated with petroleum, so a horoscope for the conjunction tonight could in one sense be considered an oil prices chart as well.

Sun Neptune 2015 Oil Prices Chart
The 90-degree dial presentation of the horoscope for the Sun/Neptune conjunction on February 25 can function as an oil prices chart if we pay attention to the midpoint structures.

The Sun/Neptune conjunction aligns with the midpoint of Chiron and Admetos, which suggests problematic circumstances with regard to basic raw materials, including petroleum. I noted the roles of Neptune and Admetos in a recent blog post on oil prices chart considerations.

Stressful situations like this one that include a Chiron factor often turn out to be blessings in disguise, however, especially for the financial players that have hidden interests or unexpected connections.

Note as well that the Sun/Neptune conjunction also activates the Hades/Poseidon midpoint (defective thinking, unclear communications, core deficiencies). There’s also an impact here on the Uranus/Apollon alignment (the tension of uncertainty impacted by sudden shifts in supply and demand).

Stock Trading Possibilities

While all these factors contribute to the usefulness of the Sun/Neptune conjunction horoscope as an oil prices chart, there are also opportunities for profitable stock market trades that accompany the Sun/Neptune conjunction.

As we noted in a recent article at FinancialCyclesWeekly.com, “this planetary aspect typically follows an upward-trending market, which tends to culminate about nine or ten days after the alignment, prior to a strong sell-off.” That could offer some short-term trading opportunities now for savvy astro-traders – you can read about “The Sun/Neptune Conjunction and the S&P” HERE.

Jupiter & Admetos Inspire the Bulls

In apparently arbitrary fashion, the equities markets decided to ignore some of the grim geopolitical events and their potential consequences today. Instead they got back to the business of celebrating some of the bright spots on the economic horizon.

At least it seemed to be arbitrary to the mainstream financial media.

They really seemed to be at a loss to explain the modest price increases in the major market indices.

But of course they aren’t using astrology.

We had forecast a 57% likelihood of higher stock prices today, based in part on our observations of the historic responses to two key planetary factors: a retrograde station by the transneptunian factor Admetos and a waxing 45-degree alignment between Jupiter and Admetos.

Our research has shown that Admetos retrograde stations have about a 68% probability of triggering bullish responses in the markets. Waxing Jupiter/Admetos semi-squares prompt higher stock prices about 60% of the time.

So even though this wasn’t a slam-dunk kind of forecast, we did have some reasonable expectations that the markets would respond with a positive price move.

Jupiter and the Admetos Retrograde Station

We got the Admetos retrograde station at this morning at 1:14 a.m. EDT, about eight hours before the opening bell on the New York Stock Exchange.

When the market closed at 4:00 p.m., Jupiter was applying to its semi-square with Admetos, an angular relationship that was exact about three-and-a-half hours later.

As it turned out, the Dow Jones Industrial Average gained 48.38 points today, up 0.33%.

The S&P 500 gained 4.48 points, to add 0.27%.

The NASDAQ picked up 0.41% by gaining 14.83 points.

While there certainly isn’t anything earth-shattering about these results, it’s encouraging to see the markets responding to the planetary influences.

That’s especially true when a transneptunian factor like Admetos is involved.

Many astrologers ignore the transneptunians altogether, but I find them worth watching, time and time again.

 

 

Follow-Up on the Facebook IPO: The Sun & Admetos Tell the Tale

My online and broadcast schedules have gotten short shrift for the past few weeks, mainly due to an intense travel schedule combined with the need to put in some extra hours on the final revisions for my upcoming book on Mercury and the Markets.

My travels took me to New Orleans for a week, where I was presenting some advanced astro-trading techniques at a global gathering of astrologers and traders. While I was there, I had a wonderful chat with one of our active Gold-Plus Elite members at FinancialCyclesWeekly.com. He works for one of the major Wall Street wire houses, where he advises international clients on positioning their portfolios for maximum profits in these turbulent times.

“I really appreciated the warning you put out about avoiding the Facebook IPO,” he told me. “My clients had been calling me up, wanting to know if there was any way that I could get them some shares of Facebook. I told them I thought they should stay away from it.

“But a couple of my clients absolutely insisted on buying Facebook. Fortunately, though, I was able to sell out their positions during the first hour of trading on the IPO day, so they managed to get a little profit before out before the stock crashed.”

When I looked at Facebook (FB) before the IPO it was clear that bad timing– putting the shares up for sale just before the May solar eclipse– would have an adverse effect on the stock’s potential. But I also mentioned a Sun/Admetos conjunction as one of my other concerns, and that’s what turned how to have a longer-lasting impact.

As is so often the case, the astrology proves to be exactly right. In fact, that interaction of the Sun and the transneptunian Admetos is what continues to drive the price action for this stock.

As this trading chart illustrates, Facebook opened its first day of trading almost exactly at a price point corresponding with the Sun/Admetos conjunction, and after a brief upward surge, started heading south from there.

During the next two trading sessions the stock moved lower, in each case starting its trading below a lower eighth-harmonic Admetos price line. More recently, FB has found some support on a fourth-harmonic Sun line, but an eighth-harmonic Admetos line is still defining a resistance zone.

What will happen during the coming weeks remains to be seen, of course, but this Sun/Admetos interaction points to a potentially critical date for this stock: July 3, when the Sun and Admetos will align in a 45-degree semi-square.

July 3 will be a shortened trading day because of the U.S. Independence Day holiday on July 4, when the markets will be closed altogether. Although this suggests that we will see reduced trading volume on July 3, it also points to an important trading period for Facebook.

Although the buyers who are still hanging on after the disastrous IPO would certainly love to see a trend reversal to the upside then, it seems just as likely that FB may be subjected to even stronger selling pressure.

W. D. Gann, George Bayer, and the Facebook IPO

The shares for Facebook (FB) begin trading tomorrow, and there’s lots of excitement about it.

In fact, I’ve got dozens of readers and students asking about it. They all want to know– should they be buying FB right away?

With Uranus conjoining the Midheaven in the First-Trade horoscope, we can certainly expect a volatile start for this new stock’s trading career.   But does that mean buying this stock right now is a sure-fire winner? I’m not so sure.

In fact, I think some extra caution may be in order here, especially considering the Sun/Admetos conjunction, the Mars/Chiron opposition, and the fact that this stock starts trading right before a solar eclipse (right after the eclipse would have been much more favorable).

And what would the astro-trading masters of the last century have to say about the Facebook opportunity?

W. D. Gann, writing in 1950 in his book The Magic Word, made this comment about the ideal form for a Friend Request: “Enemies disappear quickly when you learn to love them,” he said. “You will then find that they become your friends.”

George Bayer was even more direct about the kind of opportunity being presented now. In his fascinating book with the cumbersome title Stock and Commodity Traders’ Hand-Book of Trend Determination: Secrets of Forecasting Values Especially Commodities including Stocks, published in 1940, Bayer offered this sage advice to the astro-traders of his day: “Select one active stock that sells between 25 and 75 dollars. Stick to this one; learn to know this stock well and the rule or rules it likes to follow. The stock you select should be listed on the Exchange for many years. It then has history behind which can be put down on chart paper. Leave new stocks to the public.”

Although they each had their own distinctive approach to the markets, I’m not sure either of these legendary astro-traders would be buying into the Facebook offering if they were alive today.

My personal choice is to watch from the sidelines as well.