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	<title>Astrology News Service &#187; The Astro Economics Stock Market Newsletter</title>
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		<title>Did Latest Solar Eclipse Stall Facebook IPO?</title>
		<link>http://astrologynewsservice.com/business/did-latest-solar-eclipse-stall-facebook-ipo/</link>
		<comments>http://astrologynewsservice.com/business/did-latest-solar-eclipse-stall-facebook-ipo/#comments</comments>
		<pubDate>Tue, 22 May 2012 22:45:45 +0000</pubDate>
		<dc:creator>ronarcher</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[astrology]]></category>
		<category><![CDATA[Facebook IPO]]></category>
		<category><![CDATA[Grace Morris]]></category>
		<category><![CDATA[solar eclipse]]></category>
		<category><![CDATA[The Astro Economics Stock Market Newsletter]]></category>

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		<description><![CDATA[If you are looking for still another reason why Facebook IPO fell flat on its first trading day last Friday astrologer Grace Morris has a suggestion. &#8220;Solar eclipses tend to move the market in new directions. But companies or projects started or initiated before an eclipse &#8211; especially a solar eclipse &#8211; are greatly handicapped [...]]]></description>
			<content:encoded><![CDATA[<p>If you are looking for still another reason why Facebook IPO fell flat on its first trading day last Friday astrologer Grace Morris has a suggestion.</p>
<p>&#8220;Solar eclipses tend to move the market in new directions. But companies or projects started or initiated before an eclipse &#8211; especially a solar eclipse &#8211; are greatly handicapped and will probably not live up to expectations,&#8221; she said.</p>
<p>The Facebook stock opened at 11:30 a.m. on Friday May 18 and only managed to break slightly better than even on opening day, a bad omen for IPOs.</p>
<p>On Monday, the first trading day after the partial solar eclipse on Sunday, May 20, the price of Facebook&#8217;s stock dropped 11 percent by the close of the day.</p>
<p>Following an eclipse, Morris says the market tends to reverse itself and the trend is in the opposite direction. After 12 down days, the market was poised for a projected turnaround that was expected to push prices generally higher until the next lunar eclipse on June 4.</p>
<p>But it&#8217;s no sure thing that Facebook (FB) will be along for the ride, she said.</p>
<p>Morris has worked with clients for more than 20 years setting up successful incorporation dates, IPOs, and first trade dates. She writes and publishes two newsletters, <span style="color: #0000ff;"><a href="http://www.astroeconomics.com/news/news.htm"><span style="color: #0000ff;">The Right Time and The Astro Economics Stock Market Newsletter</span></a></span>, which recommends stocks by sectors according to their favorable cycles.</p>
<p>A new cycle beginning in June will favor transportation, education, communication, media, telecommunication, travel and pharmaceuticals. She expects stocks in these sectors to generally outperform the market in the next year.</p>
<p>Morris&#8217; record has included COOG, up 266 percent since 11/04; BIDU, up 938 percent since 6/07; NTES, up 140 percent since 4/09; CERN, up 189 percent since 5/09; EBIX, up 133 percent since 6/09; PCLN, up 405 percent since 9/09; MELI, up 206 percent since 9/09; SXCL, up 323 percent since 10/9; VRX, up 273 percent since 12/09; RAX, up 253 percent since 12/09; AAPL, up 209 percent since 1/10; LULU, up 436 percent since 1/10; FFIV, up 119 percent since 4/10; ALXN, up 25 percent since 7/10; and SWI, up 135 percent since 9/11.</p>
<p>In the first FB trade chart a favorable Sun/Jupiter conjunction is dominantly placed and the Facebook IPO did in fact get lots of action and attention on opening day.</p>
<p>But the stock may have accountability problems because Mars and Neptune are aligned in a stressful 180 degree opposition aspect, made more challenging because timing for the opening trade angularly placed the aspect where its effect will be more intense.</p>
<p>Other stressful aspects suggest the company may spend too much based on unrealistically high expectations for cash inflow. Or, as some analysts have suggested with hindsight, the IPO&#8217;s asking price may have been too high with too many shares hitting the market at the same time.</p>
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