FinancialCyclesWeekly.com #0435 -- August 29 -- September 4, 2004 with Tim Bost

COMMENT: With Republicans gathering in the midst of heavy fortifications and massive anti-Bush demonstrations in New York this week, much public attention will be directed away from the markets. The Bush-Cheney team has gotten renewed momentum in the polls in recent days, and the Republican Convention is expected to give the President's ratings an additional positive pop. And with John Kerry's credibility seriously impacted by the recent round of attack ads, the White House has every reason to be optimistic as the election campaign enters its final 60 days.

The convention proceedings, while providing a distraction from market activity, may actually have an unexpected impact on the outcome of trading this week, especially since the massive security arrangements are restricting the normal flow of traffic in Manhattan and since hundreds of groups will be staging demonstrations in the streets all week, including rallies, street theatre, and a huge human chain "unemployment line" that will stretch from Wall Street all the way to Madison Square Garden. Activity in the equities markets is already fairly light thanks to the summer holidays and the upcoming Labor Day weekend, and the chaos in the streets may provide an additional excuse for traders to stay off the floor.

Regardless of the trading volume, however, the buoyant mood in the White House is likely to spill over somewhat into the markets as well, in spite of the fact that much of the current economic news continues to be quite negative. For example, although there are definitely signs of an economic recovery, the Census Bureau's latest figures show that the number of Americans now living below the poverty line is at its highest level in six years, with median incomes essentially stagnant and the number of U.S. residents without medical insurance rising to its highest level since 1999. Roughly one in four African Americans are now living below the poverty line, and the rate of child poverty has jumped to 17.6 percent, with nearly 13 million children in America in that category.

While the Census Bureau numbers provide some grim hints about the kind of misery and economic polarization that make good fodder for election rhetoric, they unfortunately aren't the sort of metrics that drive monetary policies and fiscal decisions in either the public or the private sector. So while there's plenty of resentment and tension in the air as the presidential race unfolds, it's still possible for the movers and shakers in the markets to put on rose-colored glasses (or blinders) and see things in a much more positive light. In recent months the markets have been understandably skeptical of the on-again, off-again news about the economic recovery, which has created the potential for a significant rally if and when some genuinely good news hits the street. In our view, there's a lot of pent-up energy (and a lot of money on the sidelines) just waiting to gush into a pre-election free-for-all.

Cosmic Forces at Work

Astrologically speaking, we can give the current Mars/Neptune quincunx (a 150-degree angle between the planets) the credit for the prevailing tendency to act on the basis of illusion or misinformation, whether it's wishful thinking in the markets, formulations of policy in international affairs, or even just muddled memories of Vietnam War records. This planetary configuration is acting against the backdrop of a Pluto station, which adds significantly to the overall mood of heightened drama and the likelihood of confrontational behavior. And to juice things up even more, we've got a conjunction of Saturn with the transneptunian planet Vulcanus, which epitomizes an atmosphere of hyper-alert wariness and defensiveness, along with a willingness to strike out against enemies of all sorts, whether they are real or imagined. The Saturn/Vulcanus combination is the perfect planetary signature for the Department of Homeland Security, not to mention the massive array of police, secret service, and military personnel which have been assembled to keep the hostile citizenry away from President Bush in New York City this week.

An Educational Opportunity for Astro-Traders

We've just learned that there are still a few places left for participants who want to attend the Fibonacci Trader/Galactic Trader workshops in Denver, Colorado, September 18-22. Sponsored by PAS-Astro-Soft, the workshops will be keynoted by Dennis Boles and Ted Phillips. It's a great chance to sharpen your trading skills as you get up to speed with some fine computer software. For more information, give Linda Long a call at 904-260-1515.

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THE WEEK AHEAD

This week brings earnings reports from Dycom Industries (DY), Accredo Health (ACDO), Engineered Support Systems (EASI), Hain Celestial Group (HAIN), Albertson's (ABS), United Natural Foods (UNFI), Carreker Corporation (CANI), Cooper Companies (COO), Donaldson Company (DCI), Corinthian Colleges (COCO), Casey's General Store (CASY), Shuffle Master (SHFL), Methode Electronics (METH), Esterline Technology Corporation (ESLE), Mandalay Resort Group (MBG), and Pall Corporation (PLL).

It's a key week for economic reports as well, with July Consumption, July Personal Income, July Construction Spending, July Factory Orders, the August Chicago Purchasing Managers Index, August Chain Store Sales, the August ISM Index, and the Q2 Productivity figures all on the calendar, as well as the Conference Board Consumer Confidence Report, August Nonfarm Payrolls and August Unemployment.

The astrological dynamics for the week are dominated by Pluto's direct station on August 30; this is a factor that typically brings blue-chip prices down somewhat, but adds price strength to the NASDAQ. The upbeat impact on tech stocks is likely to be accelerated by Tuesday's Venus/Saturn conjunction, which usually signals a buying opportunity. Any positive effect on stock prices could be short-lived, however; by the time we get a Mercury direct station on Thursday, we wouldn't be surprised to see prices moving into a neutral to negative bias.

Tuesday's trading day features a void-of-course moon until the early afternoon hours; we'll be staying on the sidelines during that time. Another lunar void takes out the entire afternoon session on Thursday. The Mercury/Uranus and Venus/Poseidon action prior to the opening bell on Friday could bring a positive tone to the final trading session of the week, but since we will be moving into the Labor Day weekend the volume should be light and we'll take the trading action that day with a grain of salt.

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.

It's time to transform our approach to the world by admitting just how powerful we truly are. Our real nature is to be able to link Divine Purpose with a daily manifestation of material abundance and emotional ease.

"People are always blaming their circumstances for what they are. I don't believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and, if they can't find them, make them." -- George Bernard Shaw

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GLOBAL EQUITIES MARKETS LAST WEEK

The rally in U.S. stocks hit the brakes last week, with the market averages basically treading water thanks to ongoing disappointments in economic news. Equities markets in other part of the world fared much better, with European issues posting solid gains and significant positive moves enhancing the trading in Tokyo and Hong Kong.

Dow Jones Industrial Average -- up 0.84%
Dow Jones Transportation Average -- up 0.58%
Dow Jones Utilities Average -- down 0.16%
S&P 500 -- up 0.86%
NASDAQ Composite Index -- up 1.31%
Russell 2000 -- up 0.68%
London FTSE-100 -- up 2.77%
Paris CAC-40 -- up 3.14%
Frankfurt DAX -- up 3.73%
Sydney All Ordinaries -- up 1.74%
Tokyo Nikkei -- up 2.94%
Hong Kong Hang Seng Index -- up 3.57%
Singapore Straits Times Index -- up 1.11%

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FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: CRHCY, LIFE.

We closed two Model Portfolio positions during the past week, with 1 winner and 1 loser producing a net loss of $60.00.

On August 23 we sold 500 shares of CRH PLC ADR (CRHCY) at 22.35, taking a profit of $65.00 (a 0.59% gain in 17 trading days).

On August 24 we sold 500 shares of Lifeline Systems Inc. (LIFE) at 21.00, taking a loss of $125.00 (a 1.18% loss in 6 trading days).

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POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: PPDI, SAFM, OCLR, PVTB, DECK.

We added four long and one short positions to the Model Portfolio during the previous week.

We bought 300 shares of Pharmaceutical Product Development (PPDI) at 33.75 on 08/23/04, setting our initial stop at 32.45.

We bought 300 shares of Sanderson Farms Inc. (SAFM) at 35.25 on 08/24/04, setting our initial stop at 32.00.

We bought 200 shares of Ocular Sciences Inc. (OCLR) at 43.25 on 08/25/04, setting our initial stop at 42.80.

We bought 300 shares of Privatebancorp Inc. (PVTB) at 29.00 on 08/26/04, setting our initial stop at 26.93.

We sold short 300 shares of Deckers Outdoor Corporation (DECK) at 30.45 on 08/27/04, setting our initial buy stop at 31.90.

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YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

So far in 2004 we have had a total of 135 completed trades, with 62 winners and 73 losers bringing us a total net profit of $24,339.50. 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 $180.29. 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 23.09. Raise stop to 21.90.

Central European Distributing Corporation (CEDC) -- bought 500 shares at 22.45 on 07/27/04; currently 24.92. Raise stop to 24.15.

Cuno, Inc. (CUNO) -- bought 200 shares at 49.75 on 07/23/04; currently 58.13. Raise stop to 56.00.

Deckers Outdoor Corporation (DECK) -- sold short 300 shares at 30.45 on 08/27/04; currently 29.70. Lower buy stop to 30.57.

Liz Clairborne Inc. (LIZ) -- bought 300 shares at 35.50 on 08/12/04; currently 37.45. Raise stop to 37.00.

Nvidia Corporation (NVDA) -- bought 1,000 shares at 10.10 on 08/12/04; currently 12.94. Raise stop to 11.90.

Ocular Sciences Inc. (OCLR) -- bought 200 shares at 43.25 on 08/25/04; currently 43.72. Raise stop to 42.85.

Pharmaceutical Product Development (PPDI) -- bought 300 shares at 33.75 on 08/23/04; currently 34.12. Raise stop to 33.50.

Privatebancorp Inc. (PVTB) -- bought 300 shares at 29.00 on 08/26/04; currently 29.54. Raise stop to 28.70.

Sanderson Farms Inc. (SAFM) -- bought 300 shares at 35.25 on 08/24/04; currently 36.65. Raise stop to 33.85.

Volvo Aktiebolaget ADR B Shares (VOLVY) -- bought 300 shares at 33.00 on 08/20/04; currently 34.30. Raise stop to 33.50.


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STRONGEST MARKET SECTORS LAST WEEK

Catalog & Mail Order Houses; Research Services; Computer Peripherals; Property Management & Development; Generic Drugs.

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WEAKEST MARKET SECTORS LAST WEEK

Music & Video Stores; Specialty Eateries; Apparel Stores; Meat Products; Specialty Retail.

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KEY ASTROLOGICAL EVENTS DURING THE COMING WEEK

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

August 30
Sun contraparallel Apollon 00:28 EDT
Sun contraparallel Apollon in right ascension 00:53 EDT
Heliocentric Earth contraparallel Heliocentric Venus 01:02 EDT
Heliocentric Mercury semisquare Heliocentric Neptune 05:42 EDT
Heliocentric Mercury semisextile Heliocentric Venus 09:19 EDT
Heliocentric Venus contraparallel Heliocentric Apollon 09:52 EDT
Heliocentric Mercury enters Aries 10:07 EDT
Heliocentric Venus enters Taurus 11:41 EDT
Sun semisextile Zeus 14:12 EDT
Pluto direct station 15:38 EDT
Venus semisextile Hades in right ascension 16:20 EDT
Heliocentric Mercury square Heliocentric Kronos 16:22 EDT
Heliocentric Earth sesquiquadrate Heliocentric Vulcanus 17:56 EDT
Sun semisquare Apollon 18:04 EDT
Venus square Apollon 23:54 EDT

August 31
Sun square Cupido 01:52 EDT
Heliocentric Earth quincunx Heliocentric Zeus 02:28 EDT
Heliocentric Mercury parallel Heliocentric Zeus 02:30 EDT
Void-of-Course Moon 04:28 -- 13:46 EDT
Mercury contraparallel Uranus in right ascension 05:16 EDT
Mercury contraparallel Uranus 05:32 EDT
Mars quincunx Neptune 05:46 EDT
Heliocentric Venus sextile Heliocentric Kronos 06:30 EDT
Sun semisquare Saturn 06:42 EDT
Sun semisquare Vulcanus 06:59 EDT
Venus sesquiquadrate Cupido 07:06 EDT
Venus sextile Admetos 07:45 EDT
Heliocentric Earth sesquiquadrate Heliocentric Apollon 08:38 EDT
Heliocentric Venus sesquiquadrate Heliocentric Mars 09:25 EDT
Saturn conjunct Vulcanus 09:40 EDT
Heliocentric Mercury semisextile Heliocentric Uranus 10:12 EDT
Venus conjunct Vulcanus 11:54 EDT
Sun semisquare Saturn in right ascension 11:59 EDT
Venus conjunct Saturn 12:07 EDT
Sun semisquare Vulcanus in right ascension 12:41 EDT
Heliocentric Mercury contraparallel Heliocentric Jupiter 14:41 EDT
Heliocentric Mercury quincunx Heliocentric Poseidon 16:46 EDT
Jupiter contraparallel Zeus 16:58 EDT
Jupiter contraparallel Zeus in right ascension 17:36 EDT
Saturn conjunct Vulcanus in right ascension 18:19 EDT
Venus conjunct Vulcanus in right ascension 20:21 EDT
Venus conjunct Saturn in right ascension 20:33 EDT
Heliocentric Mercury semisquare Heliocentric Admetos 22:40 EDT
Moon at 0 degrees declination 23:35 EDT

September 1
Heliocentric Mercury opposition Heliocentric Zeus 02:18 EDT
Heliocentric Earth semisquare Heliocentric Chiron 04:48 EDT
Heliocentric Earth semisextile Heliocentric Mercury 08:01 EDT
Venus sextile Jupiter in right ascension 08:02 EDT
Heliocentric Mercury trine Heliocentric Cupido 09:00 EDT
Venus semisextile Hades 11:39 EDT
Mars quincunx Neptune in right ascension 12:16 EDT
Heliocentric Earth square Heliocentric Cupido 13:07 EDT
Heliocentric Venus contraparallel Heliocentric Uranus 14:01 EDT

September 2
Sun in 24th harmonic to Jupiter 01:09 EDT
Venus sextile Jupiter 03:14 EDT
Heliocentric Mercury sextile Heliocentric Neptune 06:23 EDT
Venus semisquare Sun in right ascension 06:24 EDT
Heliocentric Mercury parallel Heliocentric Jupiter 07:16 EDT
Mars sesquiquadrate True Lunar Node in right ascension 08:41 EDT
Mercury direct station 09:10 EDT
Void-of-Course Moon 12:17 -- 20:16 EDT
Heliocentric Venus sextile Heliocentric Uranus 12:51 EDT
Sun in 24th harmonic to Mercury 18:15 EDT
Mercury semisextile Venus 18:34 EDT
Heliocentric Mercury contraparallel Heliocentric Zeus 19:04 EDT
Mercury semisextile Venus in right ascension 20:43 EDT
Sun semisquare Venus 21:46 EDT
Heliocentric Mercury quincunx Heliocentric Mars 21:56 EDT

September 3
True Lunar Node direct station 03:56 EDT
Heliocentric Mercury square Heliocentric Saturn 04:15 EDT
Heliocentric Mercury semisquare Heliocentric Uranus 08:30 EDT
Heliocentric Venus opposition Heliocentric Poseidon 08:56 EDT
Heliocentric Venus sesquiquadrate Heliocentric Pluto 12:06 EDT
Heliocentric Mercury trine Heliocentric Pluto 15:23 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Venus 16:44 EDT
Heliocentric Mercury semisextile Heliocentric Admetos 19:51 EDT
Heliocentric Mercury square Heliocentric Vulcanus 21:40 EDT
Heliocentric Mercury parallel Heliocentric Mars 23:16 EDT
Heliocentric Mercury sextile Heliocentric Hades 23:42 EDT

September 4
Heliocentric Mercury opposition Heliocentric Apollon 00:16 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Admetos 03:21 EDT
Heliocentric Mercury square Heliocentric Chiron 04:05 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Cupido 05:21 EDT
Heliocentric Earth contraparallel Heliocentric Mercury 06:14 EDT
Heliocentric Venus quincunx Heliocentric Zeus 14:44 EDT
Heliocentric Venus semisquare Heliocentric Hades 16:30 EDT
Heliocentric Earth semisquare Heliocentric Mercury 18:57 EDT
Heliocentric Mercury quincunx Heliocentric Jupiter 20:17 EDT

September 5
Heliocentric Mercury contraparallel Heliocentric Apollon 02:08 EDT
Void-of-Course Moon 02:56 -- 06:24 EDT
Heliocentric Mercury enters Taurus 04:42 EDT
Sun quincunx Neptune 07:03 EDT
Heliocentric Mercury sextile Heliocentric Kronos 10:06 EDT
Heliocentric Venus quincunx Heliocentric Cupido 11:45 EDT
Heliocentric Mercury contraparallel Heliocentric Uranus 14:21 EDT
Venus opposition 11/23/2003 Solar Eclipse Antiscion 14:35 EDT
Mars apogee 15:30 EDT
Mars semisquare Poseidon in right ascension 20:49 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Mars 20:59 EDT

September 6
U.S. Markets Closed for Labor Day Holiday
Heliocentric Mercury sextile Heliocentric Uranus 01:25 EDT
Uranus square Cupido in right ascension 02:04 EDT
Venus square True Lunar Node in right ascension 04:01 EDT
Heliocentric Earth semisextile Heliocentric Neptune 06:51 EDT
Heliocentric Mercury opposition Heliocentric Poseidon 06:52 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Pluto 07:49 EDT
Heliocentric Mars sextile Heliocentric Saturn 08:44 EDT
True Lunar Node retrograde station 11:10 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Admetos 12:00 EDT
Sun quincunx Neptune in right ascension 13:32 EDT
Venus parallel Admetos 13:43 EDT
Venus square 4/19/2004 Solar Eclipse Point 14:09 EDT
Heliocentric Mercury quincunx Heliocentric Zeus 15:07 EDT
Heliocentric Mercury semisquare Heliocentric Hades 15:36 EDT
Venus parallel Admetos in right ascension 15:36 EDT
Venus enters Leo 18:15 EDT
Heliocentric Mercury parallel Heliocentric Venus 19:14 EDT
Heliocentric Mercury contraparallel Heliocentric Poseidon 20:19 EDT
Heliocentric Mercury quincunx Heliocentric Cupido 20:51 EDT


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STOCKS TO WATCH: CMGI, HAE, LLL, STST, UHCO.


C M G I Inc. (CMGI)
NASDAQ
First Trade Date: 01/25/1994; 09:30 a.m.
Trading Strategy: CMGI was once a high-flying tech stock, but it's hit hard times in recent years and has had a disastrous trading record for the past 8 or 9 months. We don't have any illusions about it reclaiming its former glory, but we do think it has some potential for short-term price appreciation, assuming it can keep from getting delisted. Transiting Hades has been conjunct the CMGI First-Trade Kronos, and transiting Saturn has been in opposition to the First-Trade Uranus/Neptune conjunction. Both of these factors are on the wane, however, and transiting Jupiter is getting ready to cross the CMGI First-Trade Descendant. We think that provides a reasonable expectation of a price pop, so we plan to add a long position this week. A Zeus planetary line (G,18.05,N,-1) has provided some support for this stock recently, so we will use it to set our initial stop at 1.15.


Haemonetics Corporation (HAE)
NYSE
First Trade Date: 05/10/1991; 09:30 a.m.
Trading Strategy: HAE has been moving at the speed of Mars (G,20.08,N,0) and has just broken out above the Chiron (G,20.29,N,0) and Neptune (G,28.66,N,0) lines that have provided some resistance in the past, while finding good support on its 50-day moving average. With transiting Chiron about to conjoin the First-Trade True Lunar Node as transiting Venus conjoins First-Trade Chiron, we could see some interesting action for this stock. We're also encouraged by seeing Jupiter getting ready to cross the HAE First-Trade IC, so we plan to add a long position in this stock to the Model Portfolio toward the end of this week. We will set our initial stop at 30.83.


L 3 Communications Holdings (LLL)
NYSE; Optionable
First Trade Date: 05/18/1998; 09:30 a.m.
Trading Strategy: Saturn's approach to the LLL First-Trade Ascendant has held the price of this stock in check recently, but we think it's ready for a good move upward, as signaled recently by a series of daily closes above its 50-day moving average. The transiting Sun conjoins the LLL First-Trade True Lunar Node this week, which is a positive indicator, and transiting Jupiter is on its way to conjunctions with the LLL First-Trade Zeus and the First-Trade IC in October. Planetary lines for Zeus (G,18.24,N,0) and Vulcanus (G,10.89,N,0) have been defining the support and resistance for this stock; as soon as we get a daily close above the conjunction of those lines at 62.55, we will add a long position in LLL to the Model Portfolio. The initial stop will be set at 60.75.


Sensytech Inc. (STST)
NASDAQ
First Trade Date: 03/15/1999; 09:30 a.m.
Trading Strategy: Transiting Jupiter has just moved into orb for an opposition to the STST First-Trade Sun, and the stock has responded by surging upward dramatically. Jupiter will be moving past this aspect fairly rapidly, however, and that makes room for transiting Hades to form a square to the First-Trade Sun, an aspect that will last for the next couple of months. In our book this looks like a good setup for a short sale; that's what we plan to put into place this week. When STST shot upward it broke through a Uranus line (G,31.51,N,0) that had previously provided some resistance, so we will use the next-highest increment of that line to set our initial buy stop at 27.16.


Universal American Financial (UHCO)
NASDAQ
First Trade Date: 05/12/1983; 10:00 a.m.
Trading Strategy: The First-Trade horoscope for UHCO provides an interesting contrast to the chart for LLL; both charts have transiting Saturn crossing the First-Trade Ascendant. In the case of UHCO, however, we don't see the mitigating factors that made the LLL chart look promising. Instead, transiting Hades is moving into a conjunction with the First-Trade True Lunar Node, and transiting Admetos is retrograding into an inhibiting conjunction with the First-Trade Sun. Our plan is thus to sell UHCO short this week, setting our initial buy stop at 11.75.

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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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posted by Tim Bost @ 8/29/2004 03:48:00 AM