Archive for January 2017

Losing Mom Unexpectedly

My Mom died last Sunday.

Margaret Bost Photo

Margaret Martha Vedder Bost
Oct. 26, 1924 – Jan. 8, 2017

Margaret Vedder Bost, my Mom, was 92 years old, and had had a rich and deeply rewarding life, so her passing wasn’t entirely unexpected.

Reading her obituary, I’m struck by the scope of her accomplishments – after all, she was mainly just Mom to me.

Even so, I have to admit that I’m really still in shock.

A Christmas Visit

My Mom and Dad have shared an apartment in a North Carolina assisted living facility for some time now, and in recent months my Dad’s physical health concerns have seemed much more serious than my Mom’s.

But when I arrived at their apartment for a visit on the afternoon of Christmas Day, it was my Mom who was suffering.

She complained that she’d had a bad cold for four or five days, and couldn’t seem to shake it.

During my visit I suggested that we would get her to a doctor if her condition hadn’t improved by the following morning. That seemed to reassure her.

Then I went to spend the evening at my sister’s house, about 20 minutes away.

Emergency Room

At breakfast the next day, my sister got a call from the assisted living facility.

My Mom’s oxygen levels had been dropping precipitously. They had taken her to the emergency room at a nearby hospital.

We went right over.

The rest of the day was full of tests, consultations with physicians, and the complications of getting her admitted and situated in a hospital room.

She was having difficulty breathing, so was getting some assistance from respiratory care, but the real challenges were congestive heart failure and a nearly total loss of kidney function.

The End

I stayed in town a couple of extra days, so I could get to the hospital for multiple visits.

My Mom’s condition seemed to be stabilizing a bit, and there was talk of ongoing care strategies. So I felt a reduced sense of urgency and left town. I returned home to Florida a few days later.

But not long after I got back home, Mom was moved to a hospice facility for end-of-life care. She died there in the early morning hours on Sunday, January 8, just a little over seven months shy of her 70th wedding anniversary.

Remembering Mom

Patty and I returned to North Carolina to participate in a memorial service for her on Saturday.

It was truly a wonderful time, quite comforting and uplifting. My childhood friend Dick Fritz, who is now the pastor at the Lutheran church Mom and Dad attended, officiated at the service. He added a personal, loving touch. And it was heartwarming to embrace cousins, children, nieces and nephews who had traveled great distances to join us for the event.

But as always with the passing of a loved one, there are so many things left unsaid. And there are so many memories that reappear unexpectedly.

The Mystery of Time

Like the conversation I had with my Mom when I was about 5 years old. I asked her when I was born.

“You were born at exactly 1:23 a.m.,” she replied. “I remember it exactly, because the time was one-two-three!”

The wonder of having an exact birth time. It was, no doubt, my earliest inspiration for becoming an astrologer!

But death, like birth, perpetually reminds us of just how precious and mysterious time really is.

As Aldous Huxley said, “There seems to be plenty of it.”

But when someone leaves us, the opposite seems to be the case.

Maybe my Dad, who’s 91 now, said it best the day before my Mom died. The assisted living staff had taken him to the hospice for a good-bye visit with my Mom, whom he had married in 1947.

One of the staff members asked him, “How long have you and your wife been married?”

“Not nearly long enough,” he said.

Fearless Forecast 2017

A market forecast for 2017?

About a month ago I got just such a request from Timer Digest.

They wanted to know my forecast for the coming year, in terms of what I was anticipating for action in the stock market.

Using The Dow As A Measurement

They wanted things spelled out with specific numbers for the Dow Jones Industrial Average. While I don’t necessarily agree that it’s the best market measurement to use, I went along with the plan.

Here’s what I told Timer Digest:

The General Trend Forecast

We’re anticipating a bullish year in 2017.

We expect to see congested trading from the first of the year through mid-February, followed by an aggressive rally into mid-May.

A well-defined trading range should dominate the summer months, with repeated tests of a stubborn resistance zone.

By late August a fairly sharp sell-off should come into play, lasting until late October.

We anticipate steady bullishness at the end of the year to set new record highs by the close of 2017.

Specific Targets In The Dow

We have a DJIA target of 20605 at the end of the first quarter, 2017.

By mid-year we expect to see the DJIA trading at 22788.

Our target closing price for the DJIA at the end of 2017 is 23823.

A Shameless Plug For Financial Astrology

We base our 2017 forecast on cycles studies and our assessment of the planetary dynamics throughout the year, especially the lunar nodal cycle and the solar eclipses in February and August.

We expect the August solar eclipse to have a particularly strong impact on raw materials and infrastructure concerns, creating short-term market disruption followed by fresh opportunities.

Tim Bost Forecast Cover Timer Digest

The market forecast and trading service at FinancialCyclesWeekly.com and editor Tim Bost were the subject of a special feature in Timer Digest on March 9, 2015

In Retrospect

Right now, as we look ahead to the actual trading results we’ll be getting in 2017, I’m wondering if perhaps I didn’t stick my neck out a little too far with this forecast.

After all, those Dow numbers do seem pretty incredible.

Even so, I’m sticking by my forecast. If the cycle work I’ve done is even close to being correct, an insanely bullish trend is well within the realm of possibility, especially during the first half of the year.

We’ll just have to see what happens.