Financial Cycles
August 22, 2004
FinancialCyclesWeekly.com #0434 -- August 22-28, 2004 with Tim Bost
COMMENT: Hurricane Charley brought massive devastation to Florida last weekend. When we prepared last week's letter, we were grateful that the storm's vengeance had missed us, but we were unaware of the true extent of the damage. Based on the most recent reports, at least 22 people were killed and the damage to insured property was well over $7 billion. In Charlotte County, which is our next-door neighbor, it is now estimated that one-fourth of all the homes were destroyed or severely damaged. There are currently still hundreds of thousands of people without electricity, and an untold number staying in temporary shelters.
While the stories of destruction and loss of life are certainly grim, not all the news about the hurricane is negative. There have been reports of helpfulness and heroism as well. One that caught our attention was the story of the response to the storm by a southwestern Florida business, PGT Industries in Nokomis. No doubt because the company manufactures hurricane-resistant doors and windows, CEO Randy White and President Rod Hershberger were conscious of the need to develop contingency plans well in advance of possible storms. After a storm scare in 1997, White understood that a direct hit to PGT would put all his employees out of work, so he bought an insurance policy to make sure that they would get paychecks for a year if the company were destroyed. PGT also put together several in-house employee teams, including a Crisis Team and a Hurricane Team, to develop specific catastrophe strategies.
When Hurricane Charley hit the area, White guessed at first that about 400 of his 1,800 workers had been impacted severely. But when he and his team mapped out all the employee homes in the hurricane's path, they realized that 843 homes had potentially been hit hard, with about 3,000 employees and family members at risk.
Within hours, PGT had rented a nearby RV park to use as a staging area for its relief operation. Major shareholders in the company donated $250,000 to pour into the effort, and the company bought 150 generators at a cost of $100,000, as well as 100 propane stoves, tons of foods, water, gasoline, and toys, acres of tarpaulins and roofing material, as well as an ice trailer, four washers and two dryers. Employees have been able to come to the relief area to get shelter if they need it, or to pick up diapers, razors, coolers, batteries, fans, and groceries. Some have arrived just to take showers or wash clothes.
Because power and communications have been so severely impacted in the area, PGT chartered an airplane towing a banner that flew for three hours over the area where homes had been destroyed. The banner read "PGT EMPLOYEE RELIEF AVAILABLE AT PLANT OR CALL."
In addition the company is now providing working space for many of the Federal Emergency Management Agency workers that have arrived in the area, who apparently didn't really plan on how to set up a base of operations. Where FEMA has fallen short, private enterprise has more than taken up the slack.
CRYING WOLF AGAIN?
The devastating weather in Florida has made everyone a little jumpy when news of a storm arrives. That's what made Saturday's bulletin from the National Weather Service in Los Angeles so distressing.
The warning came through on Saturday morning, alerting residents that a tornado was about to hit downtown L.A. It was released by the National Weather Service office in Oxnard. As the media spread the word and local residents stared through the smog at otherwise clear skies, someone apparently figured out that the report was wrong. About 20 minutes later the Weather Service released another bulletin, advising area residents to "Please disregard the previous tornado warning. No tornado exists."
LIMO ALERT
The recent warnings from the Department of Homeland Security included an interesting item: law enforcement was instructed to be particularly suspicious of limousines. The idea that Homeland Security put forth was that limos can be particularly effective as car bombs, so the arrival of a limousine at an area that might be a possible terrorist target should provoke suspicion.
We wonder, though, if the real target of the suspicion isn't aimed instead at some of the protests being planned for the Republican National Convention. A number of theatrical agitprop groups will be on hand, including the Clandestine Insurgent Rebel Clown Army (a squadron of George Bushes in "mission accomplished" flight suits), the Church of Stop Shopping Gospel Choir, the Hungry March Band, and the Missile Dick Chicks (a group that claims to be from Crawford, Texas, wearing missile-shaped phalluses and singing songs like "Shop! In the Name of War").
Also on hand will be a group called Billionaires for Bush, decked out in tuxedos and tiaras, founded by Andrew Boyd (a/k/a Phil T. Rich). Billionaires for Bush plans a parade of limousines as a part of their theatrics, but now it looks like the line between humor and terrorism is getting a little blurry.
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THE WEEK AHEAD
During the coming week we will be looking for earnings reports from H. J. Heinz Company (HNZ), Toys R Us (TOY), Longview Fibre (LFB), H & R Block (HRB), Regis Corporation (RGS), Dollar Tree Stores (DLTR), Semtech Corporation (SMTC), Nordson Corporation (NDSN), ADC Telecommunications (ADCT), J.M. Smucker (SJM), Williams-Sonoma (WSM), Blyth Inc. (BTH), Michaels Stores (MIK), Credence Systems (CMOS), Toll Brothers (TOL), Dollar General (DG), Smithfield Foods (SFD), Krispy Kreme (KKD), Patterson Company (PDCO), LTX Corporation (LTXX), Chico's FAS (CHS), and Technology Data Corporation (TECD).
The economic news will include the second quarter GDP, University of Michigan sentiment indicators, and July numbers for Durable Goods, New Home Sales, and Existing Home Sales.
The astrology for the week includes a Sun/Mercury conjunction as the week gets underway, a couple of strong eclipse triggers after the closing bell on Tuesday, a Uranus perigee and a Saturn/Admetos square on Thursday, and a Sun/Uranus opposition near the end of the trading day on Friday. This could put the brakes on the current rally in a rather surprisingly fashion. The weekend will bring brings a Venus/Chiron opposition and a Full Moon, so we may get enough volatility to set up some very profitable short-term trades.
Have a great week!
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SPIRITUAL FOCUS FOR THE WEEK
The greatest traders have all understood that emotional balance is the key to successful trading. Through Practical Spiritual Astrology we have an opportunity to restore inner harmony, enhance emotional balance, and make wiser choices in the markets.
This is a good time for us to remember how to be more dignified in our demeanor and more magnanimous in our communications; expressions of childlike generosity will be abundantly rewarded, but not always in the most obvious ways.
"The happiness of life is made up of minute fractions-- the little, soon-forgotten charities of a kiss or smile, a kind look or heartfelt compliment." - Samuel Taylor Coleridge
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GLOBAL EQUITIES MARKETS LAST WEEK
Stocks around the world went into a short-term bullish mode last week, with broad market gains in U.S. equities and more modest positive moves in the Pacific Rim.
Dow Jones Industrial Average -- up 2.90%
Dow Jones Transportation Average -- up 4.18%
Dow Jones Utilities Average -- up 1.34%
S&P 500 -- up 3.15%
NASDAQ Composite Index -- up 4.60%
Russell 2000 -- up 5.90%
London FTSE-100 -- up 1.57%
Paris CAC-40 -- up 1.53%
Frankfurt DAX -- up 1.80%
Sydney All Ordinaries -- up 0.54%
Tokyo Nikkei -- up 1.23%
Hong Kong Hang Seng Index -- up 0.14%
Singapore Straits Times Index -- up 1.18%
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FINANCIAL CYCLES MODEL PORTFOLIO
POSITIONS CLOSED DURING THE PREVIOUS WEEK: CLDN, PD, INFY, MCRS, ZEUS, LAMR.
We closed six Model Portfolio positions during the past week, with 3 winners and 3 losers producing a net profit of $1,211.00.
On August 16 we sold 600 shares of Celadon Group (CLDN) at 16.94, taking a loss of $186.00 (a 1.80% loss in 10 trading days).
On August 16 we bought to cover 100 shares of Phelps Dodge Corporation (PD) at 77.80, taking a loss of $105.00 (a 1.37% loss in 4 trading days).
On August 18 we bought to cover 200 shares of Infosys Technologies ADS (INFY) at 47.60, taking a profit of $180.00 (a 1.89% gain in 6 trading days).
On August 18 we bought to cover 200 shares of Micros System Inc. (MCRS) at 45.50, taking a profit of $750.00 (a 7.61% gain in 12 trading days).
On August 19 we bought to cover 400 shares of Olympic Steel Inc. (ZEUS) at 22.87, taking a profit of $652.00 (a 6.65% gain in 13 trading days).
On August 20 we bought to cover 200 shares of Lamar Advertising Company (LAMR) at 43.15, taking a loss of $80.00 (a 0.94% loss in 1 trading day).
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POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: LIFE, ADVNB, LAMR, VOLVY.
We added three long and one short positions to the Model Portfolio during the previous week.
We bought 500 shares of Lifeline Systems Inc. (LIFE) at 21.25 on 08/16/04, setting our initial stop at 18.75.
We bought 500 shares of Advanta Corporation Class B (ADVNB) at 21.50 on 08/17/04, setting our initial stop at 18.75.
We sold short 200 shares of Lamar Advertising Company (LAMR) at 42.75 on 08/19/04, setting our initial buy stop at 43.15.
We bought 300 shares of Volvo Aktiebolaget ADR B Shares (VOLVY) at 33.00 on 08/20/04, setting our initial stop at 32.12.
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YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY
So far in 2004 we have had a total of 133 completed trades, with 61 winners and 72 losers bringing us a total net profit of $24,399.50. The largest profit for a single trade has been $5,645.00; the largest single-trade loss has been $750.00; the average profit per trade has been $183.45. The mean duration of our trades has been 9.7 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
Advanta Corporation Class B (ADVNB) -- bought 500 shares at 21.50 on 08/17/04; currently 22.01. Raise stop to 20.70.
Central European Distributing Corporation (CEDC) -- bought 500 shares at 22.45 on 07/27/04; currently 24.64. Raise stop to 23.25.
CRH PLC ADR (CRHCY) -- bought 500 shares at 22.22 on 07/29/04; currently 22.48. Raise stop to 22.35.
Cuno, Inc. (CUNO) -- bought 200 shares at 49.75 on 07/23/04; currently 56.90. Raise stop to 55.50.
Lifeline Systems Inc. (LIFE) -- bought 500 shares at 21.25 on 08/16/04; currently 22.38. Raise stop to 21.00.
Liz Clairborne Inc. (LIZ) -- bought 300 shares at 35.50 on 08/12/04; currently 37.52. Raise stop to 36.50.
Nvidia Corporation (NVDA) -- bought 1,000 shares at 10.10 on 08/12/04; currently 12.35. Raise stop to 10.30.
Volvo Aktiebolaget ADR B Shares (VOLVY) -- bought 300 shares at 33.00 on 08/20/04; currently 33.23. Raise stop to 32.35.
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STRONGEST MARKET SECTORS LAST WEEK
Silver; Semiconductor Integrated Circuits; Drug Related Products; Computer Peripherals; Property Management & Development.
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WEAKEST MARKET SECTORS LAST WEEK
Housewares & Accessories; Soft Drinks; Dairy Products; Auto Products; Technical & System Software.
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KEY ASTROLOGICAL EVENTS DURING THE COMING WEEK
August 22
Mars semisextile Zeus 04:15 EDT
Jupiter square Hades in right ascension 10:00 EDT
Admetos retrograde station 10:31 EDT
Sun trine True Lunar Node in right ascension 12:52 EDT
Mars semisquare Apollon 11:44 EDT
Sun enters Virgo 14:53 EDT
Mercury sextile Kronos 15:16 EDT
Heliocentric Mercury quincunx Heliocentric Jupiter 15:42 EDT
Void-of-Course Moon begins 16:53 EDT
Sun sextile Kronos in right ascension 17:08 EDT
Mars in 24th harmonic to Jupiter 17:11 EDT
Mercury conjunct Sun in right ascension 19:05 EDT
Mercury sextile Kronos in right ascension 21:18 EDT
Mars semisquare Vulcanus in right ascension 23:16 EDT
August 23
Heliocentric Mercury contraparallel Heliocentric Admetos 01:50 EDT
Mars square Cupido 02:13 EDT
Mercury trine True Lunar Node in right ascension 02:27 EDT
True Lunar Node retrograde station 03:09 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Neptune 04:36 EDT
Void-of-Course Moon ends 05:08 EDT
Heliocentric Venus square Heliocentric Saturn 07:26 EDT
Mars semisquare Vulcanus 07:29 EDT
Venus quincunx Neptune in right ascension 08:27 EDT
Heliocentric Mercury enters Pisces 10:18 EDT
Mercury square 11/23/2003 Solar Eclipse Point 11:40 EDT
Heliocentric Earth conjunct Heliocentric Mercury 16:41 EDT
Sun conjunct Mercury 16:51 EDT
Heliocentric Mercury trine Heliocentric Kronos 17:54 EDT
Mercury semisquare Venus in right ascension 18:49 EDT
Heliocentric Earth trine Heliocentric Kronos 21:42 EDT
Sun sextile Poseidon in right ascension 21:44 EDT
August 24
Mercury semisquare Venus 00:54 EDT
Heliocentric Venus semisquare Heliocentric Uranus 01:56 EDT
Jupiter trine Admetos 03:29 EDT
Heliocentric Mercury parallel Heliocentric Neptune 05:22 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Saturn 08:13 EDT
Jupiter sextile Vulcanus 14:45 EDT
Mercury conjunct 4/19/2004 Solar Eclipse Antiscion 16:29 EDT
Mars square 5/31/2003 Solar Eclipse Point 23:04 EDT
August 25
Heliocentric Mercury semisquare Heliocentric Venus 00:10 EDT
Heliocentric Venus trine Heliocentric Pluto 01:54 EDT
Venus in 24th harmonic to Kronos 07:10 EDT
Void-of-Course Moon 07:13 -- 07:47 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Vulcanus 09:36 EDT
Heliocentric Mercury parallel Heliocentric Pluto 10:42 EDT
Heliocentric Mercury quincunx Heliocentric Zeus 11:37 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Apollon 13:04 EDT
Heliocentric Earth parallel Heliocentric Uranus 13:19 EDT
Heliocentric Mercury parallel Heliocentric Chiron 13:22 EDT
Sun contraparallel Uranus 13:28 EDT
Sun contraparallel Uranus in right ascension 13:31 EDT
Mars contraparallel Apollon 16:33 EDT
Moon at maximum south declination 16:48 EDT
Heliocentric Mercury semisquare Heliocentric Chiron 17:03 EDT
Mars contraparallel Apollon in right ascension 17:07 EDT
Heliocentric Venus semisextile Heliocentric Admetos 17:51 EDT
Heliocentric Mercury square Heliocentric Cupido 19:36 EDT
August 26
Heliocentric Venus square Heliocentric Vulcanus 00:03 EDT
Saturn square Apollon 00:39 EDT
Heliocentric Mars quincunx Heliocentric Neptune 01:14 EDT
Heliocentric Mercury parallel Heliocentric Poseidon 01:25 EDT
Heliocentric Venus sextile Heliocentric Hades 06:52 EDT
Heliocentric Venus opposition Heliocentric Apollon 08:56 EDT
Heliocentric Earth sesquiquadrate Heliocentric Saturn 09:53 EDT
Uranus quincunx Zeus in right ascension 10:03 EDT
Jupiter sextile Saturn in right ascension 10:25 EDT
Venus quincunx Pluto in right ascension 10:34 EDT
Uranus perigee 15:32 EDT
Heliocentric Venus square Heliocentric Chiron 19:39 EDT
Sun trine True Lunar Node 20:05 EDT
Mercury parallel Mars in right ascension 20:52 EDT
Mercury parallel Mars 20:54 EDT
Heliocentric Mercury semisextile Heliocentric Neptune 21:34 EDT
Void-of-Course Moon begins 22:58 EDT
Sun semisquare Apollon in right ascension 23:50 EDT
Heliocentric Mercury opposition Heliocentric Mars 23:51 EDT
August 27
Lunar perigee 01:36 EDT
Heliocentric Venus sesquiquadrate Heliocentric Cupido 02:00 EDT
Void-of-Course Moon ends 09:08 EDT
Mercury contraparallel Apollon in right ascension 11:12 EDT
Mercury contraparallel Apollon 11:31 EDT
Sun square Cupido in right ascension 11:58 EDT
Sun sesquiquadrate Chiron in right ascension 13:03 EDT
Heliocentric Earth conjunct Heliocentric Uranus 14:32 EDT
Sun opposition Uranus 14:40 EDT
Heliocentric Mercury parallel Heliocentric Uranus 17:47 EDT
Venus quincunx Pluto 18:57 EDT
Venus sextile Admetos in right ascension 19:28 EDT
Heliocentric Venus parallel Heliocentric Mars 19:57 EDT
Sun opposition Uranus in right ascension 22:13 EDT
Heliocentric Mercury trine Heliocentric Saturn 22:59 EDT
August 28
Mercury station anniversary date
Pluto station anniversary date
Sun semisextile Zeus in right ascension 00:20 EDT
Venus sesquiquadrate Uranus 00:52 EDT
Venus square Apollon in right ascension 02:11 EDT
Heliocentric Earth parallel Heliocentric Mercury 04:52 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Uranus 04:58 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Mercury 08:57 EDT
Heliocentric Mercury parallel Heliocentric Apollon 10:02 EDT
Sun sextile Poseidon 10:14 EDT
Venus sesquiquadrate Cupido in right ascension 12:10 EDT
Venus opposition Chiron in right ascension 12:17 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Poseidon 12:29 EDT
Heliocentric Mercury square Heliocentric Pluto 13:27 EDT
Mercury parallel Sun in right ascension 13:57 EDT
Sun parallel Mercury 13:58 EDT
Heliocentric Mercury conjunct Heliocentric Uranus 15:26 EDT
Chiron semisquare Cupido in right ascension 15:38 EDT
Mercury conjunct 4/19/2004 Solar Eclipse Antiscion 16:29 EDT
Sun sextile Kronos 16:54 EDT
Heliocentric Mercury sextile Heliocentric Admetos 18:56 EDT
Venus sesquiquadrate Uranus in right ascension 19:55 EDT
Sun sesquiquadrate Chiron 20:23 EDT
Heliocentric Mercury contraparallel Heliocentric Venus 21:03 EDT
Heliocentric Mercury trine Heliocentric Vulcanus 21:07 EDT
Venus conjunct 5/31/2003 Solar Eclipse Antiscion 21:11 EDT
Mercury enters Leo 21:40 EDT
Heliocentric Venus quincunx Heliocentric Jupiter 22:20 EDT
Heliocentric Mercury square Heliocentric Hades 23:31 EDT
Heliocentric Mercury trine Heliocentric Poseidon 23:52 EDT
August 29
Heliocentric Mercury quincunx Heliocentric Apollon 00:13 EDT
Heliocentric Earth trine Heliocentric Poseidon 01:12 EDT
Mercury in 24th harmonic to Mars 02:26 EDT
Heliocentric Mercury sextile Heliocentric Chiron 04:12 EDT
Venus opposition Chiron 04:55 EDT
Void-of-Course Moon 05:23 -- 10:33 EDT
Heliocentric Mercury contraparallel Heliocentric Mars 07:32 EDT
Saturn sesquiquadrate Cupido 08:55 EDT
Heliocentric Earth parallel Heliocentric Apollon 09:46 EDT
Jupiter sextile Vulcanus in right ascension 10:09 EDT
Saturn sextile Admetos 17:28 EDT
Jupiter square Hades 19:24 EDT
Heliocentric Mercury opposition Heliocentric Jupiter 21:48 EDT
Full Moon 22:22 EDT
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STOCKS TO WATCH: DECK, OCLR, PPDI, PVTB, SAFM.
Deckers Outdoor Corporation (DECK)
NASDAQ
First Trade Date: 10/15/1993; 09:30 a.m.
Trading Strategy: DECK has shown solid growth in recent quarters, and there's some insider buying going on as well. These are both bullish signs, which is not too surprising with transiting Apollon conjoining the DECK First-Trade Sun and the transiting Sun just crossing over the First-Trade Midheaven. Transiting Saturn has just moved into the picture to square the DECK First-Trade Sun, however, so the positive news may be coming to an end. There's a good bit of outer-planet action defining the trading range for this stock, including planetary lines for Uranus (G,28.83,N,0), Neptune (G,28.84,N,0), Pluto (G,23.42,N,0), Cupido (G,23.37,N,0) and Zeus (G,27.98,N,0). If we get two consecutive daily closes above the Cupido line at 31.85 or higher, we will add a long position to the Model Portfolio, with an initial stop at 27.12. If that resistance holds, however, we will sell DECK short toward the end of this week, setting our initial buy stop at 31.90.
Ocular Sciences Inc. (OCLR)
NASDAQ; Optionable
First Trade Date: 08/05/1997; 09:30 a.m.
Trading Strategy: Jupiter is crossing the OCLR First-Traded Ascendant, which is often an indication of a short-term price pop followed by things coming back down to earth. The OCLR price pop came about three weeks go, with the stock gapping upward dramatically. What's interesting in this case, however, is that the price jump took OCLR to a new increment of a Kronos planetary line (G,86.9,N,0), and the stock has hugged that line ever since. We believe this is the beginning of a new basing pattern for OCLR, prior to another upward thrust from this stock. Our plan is thus to add a long position to the Model Portfolio this week, setting our initial stop on the planetary line for the True Lunar Node (G,17.01,N,0) at 42.80.
Pharmaceutical Product Development (PPDI)
NASDAQ; Optionable
First Trade Date: 01/24/1996; 09:30 a.m.
Trading Strategy: When transiting Chiron squares the PPDI First-Trade True Lunar Node and transiting Neptune conjoins the First-Trade Mars, both in mid to late September, we wouldn't be surprised to see this stock take a nose-dive. In the meantime, however, Jupiter is crossing the First-Trade Descendant, so we're going to add a long position to the Model Portfolio early this week to take advantage of the potential for a positive short-term move. We'll set our initial stop on the Saturn line (G,35.13,N,0) at 32.45.
Privatebancorp Inc. (PVTB)
NASDAQ
First Trade Date: 06/30/1999; 09:30 a.m.
Trading Strategy: The transneptunians are the dominant players currently for this stock, with Cupido conjunct First-Trade Pluto, Vulcanus sesquiquadrate First-Trade Pluto, and Admetos semisquare the First-Trade Sun. In spite of that temporary flack, however, this is a surprisingly solid company with a good level of insider acquisition going on and trading action well above the 200-day moving average. Our expectation is that we'll get a bit of a price pullback for PVTB this week, which will give us a good buying opportunity. Our plan is to add a long position to the Model Portfolio before the end of the week, setting our initial stop on an Admetos line (G,24,N,0) at 26.93.
Sanderson Farms Inc. (SAFM)
NASDAQ; Optionable
First Trade Date: 05/19/1987; 09:30 a.m.
Trading Strategy: The transiting Saturn/Chiron opposition is lining up on the SAFM First-Trade Ascendant/Descendant axis, putting a damper on this stock's forward progress as transiting Pluto conjoins the SAFM First-Trade Saturn to slow things down even more. But transiting Jupiter is getting ready to conjoin First-Trade Zeus, so we expect a nice turnaround for this stock. If we get a daily close above the Chiron line (G,80,N,0) at 45.15 or higher we will enter a long position, setting our initial stop on the Zeus line (G,17.34,N,0) at 43.05.
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FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published by Taylor-Bost Consulting and edited by Tim Bost at 2132 Beneva Road, Sarasota, FL 34232 USA. Phone: 941-921-2588. Fax: 941-927-5798. Web: http://www.TimBost.com. Entire contents copyright 2004 Timothy L. Bost. No portion of Financial Cycles Weekly may be reproduced without the publisher's written permission. Subscriptions to FINANCIAL CYCLES WEEKLY are $39.00 per month for weekly issues sent 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 WEEKLY 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 WEEKLY 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 WEEKLY 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 WEEKLY 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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