FINANCIAL CYCLES WEEKLY UPDATE #0423 – June 6-12, 2004 with TIM BOST

COMMENT: This week we get a truly rare celestial event—a transit of Venus across the face of the Sun. It’s something that’s of considerable interest to astronomers, partly because observing it can teach us a lot about planetary measurements and distances, and partly because transits of Venus don’t happen very often. As Edmund Halley, the British Astronomer Royal, put it in 1691, “The sight of Venus on the Sun is by far the noblest that astronomy can afford.”
Transits of Venus typically come in pairs, with the events taking place about eight years apart (the next one will be in 2012). These pairs of transits only happen about every 110 to 130 years. The last set of Venus transits was in 1874 and 1882, and after 2012 we won’t get another set until 2117 and 2125.
The complete significance of transits of Venus is not entirely clear, mainly because they are such rare phenomena. But Dr. Carl-Johan Calleman has postulated that they are connected with the evolution of human consciousness as we gradually develop a Global Brain. He connects the 1518 transit with Magellan’s start of a voyage in 1519 to circumnavigate the globe, an event which moved human awareness into a new global reality. The transits of Venus in 1631 and 1639 came as the first national mail services were being developed—in 1624 for Denmark and in 1636 for Sweden.
By the time of the 1761 transit of Venus, the event’s importance was acknowledged by the scientific community around the world, and there was unprecedented cooperation among the academies of different nations to observe the Venus transits of 1761, 1769, 1874, and 1882. As the most recent transit took place, in 1882, the beginnings of global communications were underway, with the Transatlantic Telegraph cable being completed, the World Postal Union being founded, and early prototypes of the telephone and motion pictures in the works.
And what about this time? In response to the event, the Global Oneness Commitment has been launched (see www.experiencefestival.com) as an eight-year project to move human consciousness forward through cooperation and meditation. But even in the short term, this remarkable coming together of Venus and the Sun serves to focus our attention on a couple of real necessities for the world today: first, a shift in awareness away from hatred, factiousness and animosity and a return to love, trust, and reconciliation; second, a new awareness of money as a potent force for spiritual evolution. These are changes that may take eight years or more to bring into full manifestation, but they can be initiated instantaneously, in our own minds. And as we cultivate these refinements of awareness, we can personally gain a peace of mind that not only offers more fulfillment in our work and our relationships, but also enhances our ability to engage in the markets in a way that is unruffled by the winds of fear and greed, which is the real secret of consistent profits.
Have a great week!

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THE WEEK AHEAD

The week will bring earnings reports from Offshore Logistics (OLG), Blyth Inc. (BTH), UTI Worldwide Inc. (UTIW), Dave & Buster’s Inc. (DAB), Korn Ferry International (KFY), Take-Two Interactive Solutions (TTWO), OmniVision Technologies (OVTI), H&R Block (HRB), Tommy Hilfiger (TOM), Smithfield Foods (SFD), Vail Resorts Inc. (MTN), Ashworth Inc. (ASHW), and National Semiconductor (NSM).
The May Producer Price Index, scheduled for release on Friday, is likely to be the key event in the economic reporting arena. Thanks to the impact of higher petroleum prices, this measure of inflation is almost certain to show a considerable jump. Of course the reporting will also include a figure that excludes food and energy costs, which will likely show a much more conservative increase, but what kind of businesses involve no cost for food and/or energy? The report will be released just 5 minutes after a Sun/Pluto opposition, so we expect it to make its influence felt in the markets in a very big way.
Other economic reports during the week will include April numbers for Wholesale Inventories, Consumer Credit, and International Trade, along with the preliminary June report on Consumer Sentiment from the University of Michigan. There will be interest rate announcements from the Bank of England and the Bank of Canada, and Federal Reserve Chairman Alan Greenspan will get his share of attention at an international monetary conference in London and at his reconfirmation hearings with the Senate Banking Committee in Washington. President Bush will also try to get into the act as an economic newsmaker when he hosts the G-8 summit meeting in Sea Island, Georgia.
The week is loaded with important astrological action, which could make for an extremely memorable trading environment. We’re likely to get bigger market moves, more volatility, and a good bit more uncertainty as the week unfolds. There’s a very treacherous downside to the trading picture as well.
On Monday we’ll need to evaluate positions before the closing bell, since a void-of-course Moon gets underway just after 2:00 p.m. Tuesday is an extremely active day astrologically, not only because of the rare transit of Venus, but also because it features a Venus perigee and Uranus moving to its maximum point of declination. Wednesday brings a Venus/Hades parallel and a Mercury/Cupido opposition, so we may get distressing news with wide significance that could rattle the markets. Thursday’s trading begins with a void-of-course Moon that lasts until just before noon, but the day’s big events are a heliocentric Venus/Pluto conjunction, a Pluto perigee, and a Uranus retrograde station—more than enough to bring a big change in market direction! The week’s volatile potential doesn’t stop there, however, with Friday Sun/Pluto opposition and Mars/Vulcanus conjunction leading up to Pluto’s movement towards its maximum declination.

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GLOBAL EQUITIES MARKETS LAST WEEK

The advances in the U.S. equities markets slowed down considerably last week, and most European stocks wound up losing ground for the week. On the Pacific Rim, however, the market action was notably on the upside, with Hong Kong’s Hang Seng once again putting in an exceptional performance.

Dow Jones Industrial Average – up 0.84%
Dow Jones Transportation Average – up 1.08%
Dow Jones Utilities Average – up 0.57%
S& P 500 – up 0.73%
NASDAQ Composite Index – up 1.33%
Russell 2000 – up 1.26%
London FTSE-100 – down 0.14%
Paris CAC-40 – down 0.12%
Frankfurt DAX – down 0.09%
Sydney All Ordinaries – up 1.66%
Tokyo Nikkei – up 1.76%
Hong Kong Hang Seng Index – up 3.79%
Singapore Straits Times Index – up 1.13%

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FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: NMHC, CADA, CREE, CDIS, TACT.

We closed five Model Portfolio positions during the past week, with four winners and one loser producing a net profit of $6,286.00.

On June 2 we sold 300 shares of National Medical Health Card (NMHC) at 33.05, taking a profit of $1,290.00 (a 14.96% gain in 18 trading days).

On June 3 we sold 600 shares of CAM Commerce Solutions (CADA) at 17.25, taking a profit of $78.00 (a 0.76% gain in 7 trading days).

On June 3 we sold 400 shares of Cree Inc. (CREE) at 22.20, taking a loss of $340.00 (a 3.69% loss in 6 trading days).

On June 4 we sold 400 shares of Cal Dive International (CDIS) at 27.82, taking a profit of $8.00 (a 0.07% gain in 17 trading days).

On June 4 we sold 500 shares of Transact Technologies Inc. (TACT) at 30.00, taking a profit of $5,250.00 (a 53.85% gain in 25 trading days).

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POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: CADA, CREE, OFIX.

We added two long positions to the Model Portfolio during the previous week.

We bought 200 shares of Maxim Integrated Products (MXIM) at 49.25 on 06/02/04, setting our initial stop at 47.22.

We bought 800 shares of Witness Systems Inc. (WITS) at 12.75 on 06/02/04, setting our initial stop at 12.00.

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YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

Based on the Model Portfolio’s composition at the beginning of 2004, featuring positions with an acquisition cost basis of $53,947.50 ($66,022.50 in long positions less short liabilities of $12,075.00), we reduced our cash holdings in the Model Portfolio to $46,052.50 on January 1. This returned the total portfolio value to $100.000.00 as we began trading in 2004.

So far this year we have had a total of 90 completed trades, with 40 winners and 50 losers bringing us a total net profit of $9,888.50. The largest profit for a single trade has been $5,250.00; the largest single-trade loss has been $750.00; the average profit per trade has been $109.87. The mean duration of our trades has been 9.0 trading days.

During 2003 we had a total of 176 completed trades, with 99 winners and 77 losers bringing us a total net profit of $51,717.00. The largest profit for a single trade was $9,240.00; the largest single-trade loss was $1,170.00; the average profit per trade was $293.85. The mean duration of our trades was 10.1 trading days.

During 2002 we had a total of 195 completed trades, with 119 winners, 74 losers, and 2 break-even trades bringing us a total net profit of $50,956.00. The largest profit for a single trade was $5,100.00; the largest single-trade loss was $1,055.00; the average profit per trade was $261.31. The mean duration of our trades was 12.7 trading days.

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CURRENT POSITIONS IN THE MODEL PORTFOLIO

Avon Products (AVP) – bought 100 shares at 78.75 on 04/23/04; split 2-for-1 on 05/28/04. Currently hold 200 shares at 44.82. Raise stop to 44.15.

East West Bancorp Inc. (EWBC) – bought 200 shares at 54.25 on 05/17/04; currently 61.15. Raise stop to 60.50.

E G L Inc. (EAGL) – bought 500 shares at 20.05 on 05/17/04; currently 23.49. Raise stop to 22.50.

Knightsbridge Tankers (VLCCF) – bought 500 shares at 18.69 on 05/14/04; currently 23.68. Raise stop to 21.50.

Maxim Integrated Products (MXIM) – bought 200 shares at 49.25 on 06/02/04; currently 48.67. Raise stop to 47.75.

Old Dominion Freight Lines (ODFL) – bought 200 shares at 37.00 on 05/17/04; now 300 shares following 3-for-2 split on 05/21/04. Currently 27.11; raise stop to 26.75.

Orthofix International NV (OFIX) – sold short 200 shares at 43.25 on 05/25/04; currently 43.99. Lower buy stop to 44.05.

Witness Systems Inc. (WITS) – bought 800 shares at 12.75 on 06/02/04; currently 13.16. Raise stop to 12.15.

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STRONGEST MARKET SECTORS LAST WEEK

Internet Information Providers; Shipping; Resorts & Casinos; Hospitals; Information & Delivery Systems.

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WEAKEST MARKET SECTORS LAST WEEK

Silver; Memory Chips; Movie Theaters; Integrated Circuits; Home Furnishing Stores.

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KEY ASTROLOGICAL EVENTS DURING THE COMING WEEK

June 6
Venus parallel Mars in right ascension 00:05 EDT
Mercury opposition 11/23/2003 Solar Eclipse Point 00:15 EDT
Sun in 24th harmonic to Kronos 01:31 EDT
Void-of-Course Moon ends 03:10 EDT
Heliocentric Mercury sextile Heliocentric Neptune 04:41 EDT
Venus semisextile Mars 08:02 EDT
Mars quincunx Pluto in right ascension 09:29 EDT
Mars square Apollon in right ascension 11:51 EDT
Heliocentric Mercury trine Heliocentric Venus 12:03 EDT
Heliocentric Mercury square Heliocentric Saturn 14:04 EDT
Heliocentric Earth trine Heliocentric Mercury 17:57 EDT
Heliocentric Venus quincunx Heliocentric Saturn 18:54 EDT
Heliocentric Mercury contraparallel Heliocentric Zeus 19:06 EDT
Venus trine Neptune in right ascension 19:27 EDT
Mercury semisextile Kronos in right ascension 19:40 EDT

June 7
Mercury in 24th harmonic to Venus 04:34 EDT
Heliocentric Mercury semisquare Heliocentric Uranus 04:58 EDT
Heliocentric Mercury parallel Heliocentric Jupiter 08:41 EDT
Apollon quincunx Admetos 10:42 EDT
Heliocentric Mercury trine Heliocentric Pluto 13:43 EDT
Void-of-Course Moon begins 14:08 EDT
Heliocentric Mercury quincunx Heliocentric Jupiter 15:25 EDT
Heliocentric Mars trine Heliocentric Cupido 16:35 EDT
Sun parallel Venus 17:40 EDT
Sun parallel Venus in right ascension 17:42 EDT
Heliocentric Earth parallel Heliocentric Venus 17:59 EDT
Heliocentric Mercury semisextile Heliocentric Admetos 19:59 EDT
Heliocentric Mercury square Heliocentric Chiron 20:56 EDT
Heliocentric Mercury square Heliocentric Vulcanus 21:51 EDT
Heliocentric Mercury sextile Heliocentric Hades 23:24 EDT
Mercury semisquare Mars 23:42 EDT
Mercury quincunx Poseidon in right ascension 23:58 EDT

June 8
Heliocentric Mercury opposition Heliocentric Apollon 00:22 EDT
Venus perigee 02:53 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Cupido 04:38 EDT
Heliocentric Earth conjunct Heliocentric Venus 04:39 EDT
Sun conjunct Venus – transit of Venus 04:43 EDT
Venus conjunct Sun in right ascension 04:58 EDT
Void-of-Course Moon ends 05:38 EDT
Mercury quincunx Poseidon 06:09 EDT
Jupiter trine True Lunar Node 06:21 EDT
Uranus at maximum declination 11:04 EDT
Mars semisextile Hades in right ascension 16:16 EDT
Mars sesquiquadrate Cupido in right ascension 19:17 EDT
Mercury square Uranus 20:02 EDT
Mercury contraparallel Cupido in right ascension 21:31 EDT
Mercury contraparallel Cupido 22:14 EDT
Venus parallel Saturn 23:07 EDT
Venus parallel Saturn in right ascension 23:13 EDT
Mercury trine Zeus 23:21 EDT

June 9
Sun trine Neptune in right ascension 01:39 EDT
Mercury semisquare Vulcanus 02:01 EDT
Heliocentric Mercury contraparallel Heliocentric Apollon 02:23 EDT
Heliocentric Mercury enters Taurus 05:28 EDT
Mercury sesquiquadrate Apollon in right ascension 05:39 EDT
Mercury sesquiquadrate Apollon 05:41 EDT
Mercury in 24th harmonic to Admetos 06:06 EDT
Mars quincunx Pluto 08:28 EDT
Heliocentric Mercury sextile Heliocentric Kronos 10:09 EDT
Mercury in 24th harmonic to Hades 10:12 EDT
Mercury trine Zeus in right ascension 12:16 EDT
Sun sesquiquadrate Poseidon in right ascension 15:09 EDT
Sun parallel Mars in right ascension 15:19 EDT
Sun parallel Mars 15:22 EDT
True Lunar Node direct station 16:51 EDT
Venus parallel Hades 17:59 EDT
Heliocentric Mercury contraparallel Heliocentric Uranus 18:20 EDT
Venus parallel Hades in right ascension 19:09 EDT
Void-of-Course Moon begins 19:37 EDT
Mercury opposition Cupido 22:07 EDT
Heliocentric Mercury sextile Heliocentric Uranus 22:13 EDT
Mercury opposition Cupido in right ascension 23:10 EDT

June 10
Heliocentric Earth sesquiquadrate Heliocentric Mercury 01:07 EDT
Heliocentric Venus conjunct Heliocentric Pluto 02:07 EDT
Heliocentric Venus semisquare Heliocentric Poseidon 05:14 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Pluto 06:17 EDT
Mercury semisextile True Lunar Node in right ascension 06:26 EDT
Heliocentric Mercury opposition Heliocentric Poseidon 07:09 EDT
Pluto perigee 07:18 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Venus 07:53 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Jupiter 08:41 EDT
Mercury parallel Vulcanus in right ascension 09:40 EDT
Mercury parallel Vulcanus 10:18 EDT
Heliocentric Venus square Heliocentric Jupiter 10:56 EDT
Heliocentric Venus contraparallel Heliocentric Kronos 11:13 EDT
Uranus retrograde station 11:48 EDT
Void-of-Course Moon ends 11:49 EDT
Mercury sesquiquadrate Chiron 11:56 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Admetos 12:11 EDT
Mercury semisquare Mars in right ascension 12:13 EDT
Mercury square Uranus in right ascension 14:07 EDT
Heliocentric Mercury quincunx Heliocentric Zeus 15:04 EDT
Heliocentric Mercury semisquare Heliocentric Hades 15:21 EDT
Mars sesquiquadrate Uranus 16:22 EDT
Mercury semisextile True Lunar Node 16:43 EDT
Mercury semisquare Vulcanus in right ascension 17:16 EDT
Mars sesquiquadrate Uranus in right ascension 18:19 EDT
Mercury square Jupiter 19:48 EDT
Heliocentric Mercury quincunx Heliocentric Cupido 20:14 EDT
Heliocentric Mercury contraparallel Heliocentric Poseidon 20:43 EDT
Heliocentric Venus quincunx Heliocentric Admetos 23:28 EDT

June 11
Mercury parallel Venus in right ascension 00:25 EDT
Mercury parallel Venus 00:29 EDT
Sun sesquiquadrate Poseidon 01:03 EDT
Heliocentric Mercury square Heliocentric Mars 02:24 EDT
Heliocentric Venus semisextile Heliocentric Chiron 03:39 EDT
Mars conjunct Vulcanus in right ascension 04:46 EDT
Heliocentric Venus quincunx Heliocentric Vulcanus 05:51 EDT
Heliocentric Mercury contraparallel Heliocentric Pluto 05:53 EDT
Heliocentric Mercury contraparallel Heliocentric Chiron 08:03 EDT
Venus in 24th harmonic to Kronos 08:15 EDT
Heliocentric Earth conjunct Heliocentric Pluto 08:17 EDT
Sun opposition Pluto 08:25 EDT
Mercury sesquiquadrate Chiron in right ascension 10:55 EDT
Heliocentric Venus opposition Heliocentric Hades 11:14 EDT
Sun semisextile Admetos in right ascension 12:20 EDT
Mars conjunct Vulcanus 12:40 EDT
Heliocentric Earth semisquare Heliocentric Poseidon 13:18 EDT
Heliocentric Mercury square Heliocentric Neptune 14:08 EDT
Heliocentric Venus sextile Heliocentric Apollon 14:32 EDT
Mercury parallel Hades in right ascension 19:19 EDT
Venus semisextile Saturn in right ascension 19:23 EDT
Mercury parallel Hades 20:13 EDT
Sun opposition Pluto in right ascension 22:30 EDT
Mars square Apollon 22:43 EDT
Heliocentric Mercury sextile Heliocentric Saturn 22:55 EDT
Venus parallel Vulcanus 23:41 EDT
Heliocentric Mercury semisquare Heliocentric Kronos 23:55 EDT

June 12
Venus parallel Vulcanus in right ascension 00:43 EDT
Mercury semisextile Saturn 01:09 EDT
Heliocentric Earth square Heliocentric Jupiter 01:48 EDT
Mars sextile Admetos 02:07 EDT
Pluto at maximum declination 02:44 EDT
Sun trine Apollon in right ascension 02:47 EDT
Heliocentric Mercury contraparallel Heliocentric Neptune 04:00 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Cupido 05:19 EDT
Mercury parallel Saturn in right ascension 06:38 EDT
Mercury parallel Saturn 06:46 EDT
Void-of-Course Moon 07:31 – 21:37 EDT
Mercury square Jupiter in right ascension 10:59 EDT
Venus trine Neptune 13:08 EDT
Mars semisextile Hades 16:31 EDT
Heliocentric Mercury quincunx Heliocentric Pluto 19:05 EDT
Mercury conjunct Venus 19:24 EDT
Mercury parallel Mars in right ascension 19:25 EDT
Mercury parallel Mars 19:33 EDT
Heliocentric Earth quincunx Heliocentric Admetos 19:36 EDT
Heliocentric Mercury parallel Heliocentric Admetos 20:04 EDT
Sun semisextile Vulcanus 20:35 EDT
Mercury conjunct Venus in right ascension 20:44 EDT
Mercury trine Neptune 21:03 EDT
Heliocentric Mercury trine Heliocentric Jupiter 22:02 EDT

June 13
Heliocentric Mercury conjunct Heliocentric Admetos 00:35 EDT
Heliocentric Earth quincunx Heliocentric Mercury 01:30 EDT
Heliocentric Mercury trine Heliocentric Chiron 01:49 EDT
Heliocentric Mercury sextile Heliocentric Vulcanus 02:14 EDT
Sun trine Apollon 02:39 EDT
Heliocentric Mercury parallel Heliocentric Mars 03:14 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 03:22 EDT
Heliocentric Earth semisextile Heliocentric Chiron 03:29 EDT
Heliocentric Mercury semisextile Heliocentric Hades 03:39 EDT
Heliocentric Mercury quincunx Heliocentric Apollon 04:30 EDT
Sun semisextile Admetos 05:25 EDT
Mercury semisextile Saturn in right ascension 05:27 EDT
Mercury in 24th harmonic to Kronos 05:32 EDT
Heliocentric Earth quincunx Heliocentric Vulcanus 06:10 EDT
Mars opposition Chiron in right ascension 10:56 EDT
Sun conjunct Hades 15:03 EDT
Heliocentric Earth opposition Heliocentric Hades 15:12 EDT
Sun conjunct Hades in right ascension 16:27 EDT
Heliocentric Mercury quincunx Heliocentric Venus 17:43 EDT
True Lunar Node retrograde station 17:58 EDT
Heliocentric Earth sextile Heliocentric Apollon 20:37 EDT
Heliocentric Venus sesquiquadrate Heliocentric Mars 23:28 EDT
Heliocentric Mercury contraparallel Heliocentric Cupido 23:43 EDT

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STOCKS TO WATCH: AACE, ADVNB, DAKT, KNGT.

Ace Cash Express (AACE)
NASDAQ
First Trade Date: 12/02/1992; 09:30 a.m.
Trading Strategy: With Saturn crossing over the AACE First-Trade Descendant, it’s easy to see why this stock has been struggling a bit recently. But that transit’s impact is just about over, and Jupiter is moving in to form a square to the AACE First-Trade Sun. We like the looks of this stock as a candidate for a long position, especially since its recent trading sessions have been neatly tracking a Mercury line (G,23.23,N,0) in a positive direction. A combination of First-Trade-based lines for Pluto (G,23.35,N,0) and Vulcanus (G,10.69,N,0) is forming to provide a significant resistance zone—this combination provided important resistance in January and price support in February and March. If AACE moves above this zone for a daily close at 26.22 or higher we will enter a long position, setting our initial stop at 23.75.

Advanta Corporation Class B (ADVNB)
NASDAQ; Optionable
First Trade Date: 05/06/1992; 09:30 a.m.
Trading Strategy: ADVNB has just experienced a Jupiter return as Saturn has conjoined its First-Trade Ascendant; this combination has kept the stock trading in a fairly congested range during the past couple of months. Longer-term, the actions of Uranus (G,25.79,N,0) and Neptune (G,25.89,N,0) have helped to define the trading structure for this stock. We think there’s a possibility that this stock could break out for an important move upward, but we’ll take our guidance from those planetary energies. If we get two consecutive daily price bars with lows that don’t penetrate the Neptune line at a price of 15.99, we will take a long position, setting our initial stop on the Uranus line at 15.62.

Daktronics Inc. (DAKT)
NASDAQ; Optionable
First Trade Date: 02/10/1994; 09:30 a.m.
Trading Strategy: This stock has Saturn transiting its First-Trade IC, and it’s been hitting the price resistance zone it encountered in late March and early April. Saturn will soon be moving out of the way, however, and transiting Pluto will be forming an opposition to First-Trade Kronos—an action that could add some significant power to the trading prospects for DAKT. But it’s another Transneptunian, Vulcanus (G,10.675,N,0), that has consistently provided the most important definitions for this stock’s price movements in the past. If we get a daily close above that line at 24.03 we will add a long position in DAKT to the Model Portfolio, setting our initial stop on the next-lowest increment of that line at 22.98.

Knight Transportation (KNGT)
NASDAQ; Optionable
First Trade Date: 10/25/1994; 09:30 a.m.
Trading Strategy: With Jupiter currently transiting its First-Trade Midheaven, KNGT has had some positive price action lately. We think that positive bias will fade as Jupiter moves on its way, however, so we’re looking at this stock as a possible short sale. Over the long term the actions of Saturn (G,33.51,N,0) and Cupido (G,23.53,N,0) have been factors in the trading action for this stock. With that in mind, we will add a short position in KNGT to the Model Portfolio this week, setting our initial buy stop at the intersection of Saturn and Cupido at 27.23.


FINANCIAL CYCLES (ISSN 1055-8527) is published by Taylor-Bost Consulting and edited by Tim Bost at 2132 Beneva Road, Sarasota, FL 34232 USA. Phone: 941-953-3545. Fax: 941-953-3732. Web: http://www.TimBost.com. Entire contents copyright 2004 Timothy L. Bost. No portion of this Weekly Email Update or its printed version may be reproduced without the publisher's written permission. Subscriptions to FINANCIAL CYCLES are $39.00 per month for weekly updates by email, payable by monthly billing to a major credit card. Advance payment options (by credit card, check, or money order) are $228 for 6 months, $432 for 1 year or $815 for two years. All subscriptions are payable in US funds only— Visa, MasterCard, American Express, Diners Club, and Discover/Novus accepted; please make checks or money orders payable to Taylor-Bost. PayPal is also accepted for online orders; to subscribe go to http://www.TimBost.com/newsletter/subscribe.html.

By providing a source of independent market analysis, the purpose of FINANCIAL CYCLES is to foster the growth of person-centered business and investment astrology; to enhance the development and dissemination of financial literacy and prosperity consciousness; and to explore the use of technical analysis and financial astrology in promoting an esoteric spiritual understanding of economic trends, geocosmic cycles, geopolitical events, and market movements. FINANCIAL CYCLES is a general interest publication which is prepared from astrological information, news reports, cycle projections, and market observations which are believed to be accurate and reliable, but which cannot be guaranteed. Portfolio and trading reports in this publication do not include taxes and transaction fees, which should be taken into consideration by prospective traders and investors. Even with accurate information, past performance is no guarantee of future results. Speculation in securities and commodities involves considerable financial risk, and readers who plan to invest or speculate in securities or commodities mentioned in FINANCIAL CYCLES have the complete responsibility for making themselves fully aware of all the risks involved before they invest. The editor may or may not have positions in the securities and commodities discussed in this newsletter, and the information in FINANCIAL CYCLES should in no way be understood or construed as a solicitation or an offer to buy or sell any products or securities, nor should the material published in this newsletter be considered buy/sell advice.

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posted by Tim Bost @ 6/06/2004 02:59:45 AM