More information on the Moon nodes can be found from the messages on ToZ Yahoo group. Library of Thoth has a PDF called "Temple of Zeus Astrology.pdf" it has more information about astrology than Azazel's astrology. Here are couple of topics where HPS Pythia wrote about the nodes:
Both the north and south nodes have to do with fate. The south node is more serious and has saturn overtones. If the natal south node is conjunct the ascendant or chart ruler in a solar return, then watch out. The influences can be unpredictable, depending on what the past life ties are. The year will definitely be fated.
Often, in the charts of lovers, close friends, family members and others who are significant in one's life, there are close connnections from one's planet/s to the other's south node. These have to do with past life ties for better or for worse.
Semi-sextiles [because of the very tight orb of 1 1/2 degrees on either side], and other aspects that are very tight or exact in orb are also fated; meaning a fated event that will occur in the present lifetime. This is even moreso if these tie in with the nodal axis.
Now, as for the nodes. The south node is not always bad and the north node is not always fortunate. The nodes are of fate...for better or for worse. I have seen horrible things with the south node, but also the opposite as well. Like I said...it is not always an unfortunate influence. Olympic gymnast Shannon Miller has venus conjunt the south node. Venus rules money and also gymnastics [along with mercury], and she was a millionaire at 16. Jupiter ties in with her nodes as well.