FinancialCyclesWeekly.com #0436 – September 5-11, 2004 with Tim Bost

COMMENT: We noted last week that with the Republican National Convention going on and the Labor Day holiday coming up, there would be good reason to expect that ”much public attention will be directed away from the markets.” That certainly proved to be the case, with trading volume continuing at almost the same ho-hum levels that have characterized the markets in recent weeks.
The distractions from the markets not only came from the convention floor, however, but also from the streets of New York, where more than 2,000 demonstrators and onlookers were arrested, more than three times the number of arrests that took place during the historically violent 1968 Democratic Convention in Chicago. This year in New York, however, both the demonstrators and the police were successfully focused on keeping violence to a minimum, in spite of the fact that notions of free assembly and free speech seemed to have been summarily discarded.

Low Tech/High Tech Organizing
One of the most interesting sidelines of the New York demonstrations last week was the choice of technology that helped make the protests possible. With limits on permitted locations for groups to gather, the situation provoked some new uses of current technology and some innovative revivals of low-tech devices as well: a curious combination of cell phones, bicycles, and chalk.
The cell phones came into play through the organized use of text messaging connected with a website clearing house at www.txtmob.com. Would-be demonstrators got frequent text-message updates on the places where the police were gathering, on the proposed locations for “spontaneous” gatherings, and on changes of venue and strategy. The system provided for a remarkably fluid response to the authorities’ efforts to contain the demonstrations, at least during the initial days of protest, before provocateurs began using the text-messages to urge violent responses to the actions of the police.
Bikes were also a highlight of the protest effort. The non-polluting vehicles allowed protestors a quick way of getting around barricades and through traffic, and when hundreds of bicyclists gathered in the streets it provided a force to be reckoned with. That’s exactly what the police did, however, and many of the bike protestors were arrested, along with a number of delivery people and bike messengers who got caught up in the sweep.
Sidewalk chalk has long been used in urban settings as a means of self-expression for kids and artistic types. Last week in New York City, however, it was a tool for political freedom of speech, and many sidewalks got decorated with slogans and manifestos.

Freedom Fences
Not all of the technological innovations came from the protestors, however. The police made an innovation of their own by using the plastic orange netting frequently seen at roadside construction sites as a device for lassoing and containing up to 50 people at a time. It certainly provided a means of crowd control that significantly reduced the likelihood of violence, but it did make it difficult to distinguish between the protestors and the innocent passers-by who also got caught in the netting. The police referred to the stuff as “Freedom Fencing,” which is likely to become a new term in the lexicon of political protest.

Mixed Messages
Last week brought what has become the typical dose of economic contradictions. The report on jobs was fairly positive, with 144,000 new jobs being added to U.S. payrolls. Prices at the gas pump went up, however, and the government announced a 17% increase in the cost of Medicare premiums. There was also disappointing news for automobile manufacturers, with new car sales dropping sharply. General Motors was down 14%, Ford was down 13%, DaimlerChrysler was down 6%, and Toyota was down 10%. The overall message is apparently that while you might consider yourself lucky to have a job, don’t count on being able to afford to drive to work. On the other hand, don’t plan to retire, either, unless you intend to stay healthy.

On The Alert
Last week we also mentioned the underlying astrological factors supporting “an atmosphere of hyper-alert wariness and defensiveness.” That was not only evident in the massive security concerns in New York City, but in Florida as well. As it turned out, the winds of Hurricane Frances took some of the wind out of the sails of the Republican National Convention, with many television viewers in the battleground state choosing the Weather Channel instead of Convention coverage.
Frances is still making her impact felt here in southwest Florida. Our production of this newsletter has been interrupted a couple of times by power outages, but it looks like we’ll get through the storm without too much local damage, although there has been a good bit of flooding and some trees down. At any rate, we’re thankful for the friends, clients, and readers who have inquired about our well-being during this adventure. We’re also grateful that the Labor Day Holiday has arrived right along with the hurricane. Since the week begins with the markets closed, we don’t feel quite so bad about the unavoidable delay in getting this weekly update to our readers.

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THE WEEK AHEAD

The Labor Day holiday not only shortens the trading week, but also cuts down the number of earnings reports as well. We expect to hear from Neiman Marcus Group (NMGA), Fleetwood Enterprises (FLE), ABM Industries (ABM), Comverse Technologies (CMVT), Korn-Ferry International (KFY), Movado Group (MOV), National Semiconductor (NSM), Ashworth Inc. (ASHW), CBRL Group (CBRL), Quicksilver Resources (KWK), and URS Corporation (URS).
It’s also a fairly lackluster week on the economic front, but we’ll get reports on July Consumer Credit, July Wholesale Inventories, July International Trade, August Import Prices, and the August Producer Price Index.
In essence, that makes Alan Greenspan the main focus of economic news for the week. The Fed Chairman will address the Budget Committee of the House of Representatives at 2:30 p.m. EDT on Wednesday, with a heliocentric Mercury/Mars trine in play, which should make for some fairly spirited dialogue. In the face of disappointing payroll numbers, Mr. Greenspan has commented in the past on the wisdom of government spending plans and fiscal policies. But with a fairly strong jobs report last week (144,000 new jobs added versus a median forecast of 150,000 new jobs), he should have all the ammunition he needs to argue in favor of more increases in interest rates.
With the Presidential election just two months away and with the biggest drain on the economy coming from the war on Iraq, it would make sense for Alan Greenspan to avoid too much controversy in his testimony. But the horoscope for this meeting with the Budget Committee suggest otherwise. Pluto conjoins the Ascendant in that chart, suggesting that some sort of power struggle or transformative confrontation may be in the works. Pluto also activates the Saturn/Uranus, Lunar Node/Admetos, and Uranus/Vulcanus midpoints, so we may see evidence of a surprising shift in Mr. Greenspan’s relationship with the Committee, as well as the beginning of dynamic new developments. The net impact could be a strong reaction from the markets.
In other astrological observations, we note that a void-of-course Moon will dominate the end of the trading day as the markets reopen on Tuesday, so we will exercise the usual cautions. The big astrological news, however, is the Mars/Pluto square coming up toward the end of the week. This is likely to produce high tensions both in and out of the markets, especially since it will soon be activated by the New Moon and the annual conjunction of the Sun and Mars. We’re looking for greater volatility on the trading floor as we get ready for a significant rally in stocks during the next few weeks.
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.

When we remind ourselves that Universal Supply is naturally abundant, we can summon the courage we need to move past emotion-driven confrontation and take prudent and constructive action.

"All animals, except man, know that the principal business of life is to enjoy it." - Samuel Butler

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GLOBAL EQUITIES MARKETS LAST WEEK

For the most part, stock markets around the world posted modest gains last week, with London bringing in some of the strongest results. U.S. Blue Chips showed little gain, and the tech-heavy NASDAQ was off for the week.

Dow Jones Industrial Average – up 0.64%
Dow Jones Transportation Average – up 1.06%
Dow Jones Utilities Average – up 2.00%
S&P 500 – up 0.53%
NASDAQ Composite Index – down 0.95%
Russell 2000 – up 0.83%
London FTSE-100 – up 1.35%
Paris CAC-40 – up 0.46%
Frankfurt DAX – up 0.41%
Sydney All Ordinaries – up 0.44%
Tokyo Nikkei – down 1.67%
Hong Kong Hang Seng Index – up 1.01%
Singapore Straits Times Index – up 1.08%

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FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: CEDC, PPDI, SAFM, STST.

We closed four Model Portfolio positions during the past week, with 1 winner and 3 losers producing a net profit of $243.00.

On August 30 we sold 500 shares of Central European Distributing Corporation (CEDC) at 24.15, taking a profit of $850.00 (a 7.57% gain in 24 trading days).

On August 30 we sold 300 shares of Pharmaceutical Product Development (PPDI) at 33.50, taking a loss of $75.00 (a 0.74% loss in 5 trading days).

On August 31 we sold 300 shares of Sanderson Farms Inc. (SAFM) at 33.85, taking a loss of $420.00 (a 3.97% loss in 5 trading days).

On September 2 we bought to cover 400 shares of Sensytech Inc. (STST) at 27.16, taking a loss of $112.00 (a 1.04% loss in 1 trading day).

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POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: CMGI, LLL, STST, UHCO, HAE.

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

We bought 1,000 shares of C M G I Inc. (CMGI) at 1.16 on 08/31/04, setting our initial stop at 1.10.

We bought 200 shares of L 3 Communications Holdings (LLL) at 62.67 on 09/01/04, setting our initial stop at 60.75.

We sold short 400 shares of Sensytech Inc. (STST) at 26.88 on 09/01/04, setting our initial buy stop at 27.16.

We sold short 800 shares of Universal American Financial (UHCO) at 11.95 on 09/01/04, setting our initial buy stop at 12.26.

We bought 300 shares of Haemonetics Corporation (HAE) at 31.45 on 09/03/04, setting our initial stop at 30.83.

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YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

So far in 2004 we have had a total of 139 completed trades, with 63 winners and 76 losers bringing us a total net profit of $24,582.50. 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 $176.85. 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 23.91. Raise stop to 23.00.

C M G I Inc. (CMGI) – bought 1,000 shares at 1.16 on 08/31/04; currently 1.19. Raise stop to 1.18.

Cuno, Inc. (CUNO) – bought 200 shares at 49.75 on 07/23/04; currently 59.02. Raise stop to 56.70.

Deckers Outdoor Corporation (DECK) – sold short 300 shares at 30.45 on 08/27/04; currently 29.43. Lower buy stop to 30.12.

Haemonetics Corporation (HAE) – bought 300 shares at 31.45 on 09/03/04; currently 31.50. Raise stop to 31.00.

L 3 Communications Holdings (LLL) – bought 200 shares at 62.67 on 09/01/04; currently 63.63. Raise stop to 62.00.

Liz Clairborne Inc. (LIZ) – bought 300 shares at 35.50 on 08/12/04; currently 39.48. Raise stop to 37.25.

Nvidia Corporation (NVDA) – bought 1,000 shares at 10.10 on 08/12/04; currently 12.82. Raise stop to 12.07.

Ocular Sciences Inc. (OCLR) – bought 200 shares at 43.25 on 08/25/04; currently 46.60. Raise stop to 43.88.

Privatebancorp Inc. (PVTB) – bought 300 shares at 29.00 on 08/26/04; currently 29.80. Raise stop to 28.96.

Universal American Financial (UHCO) – sold short 800 shares at 11.95 on 09/01/04; currently 11.78. Lower buy stop to 11.89.

Volvo Aktiebolaget ADR B Shares (VOLVY) – bought 300 shares at 33.00 on 08/20/04; currently 34.79. Raise stop to 33.70.

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STRONGEST MARKET SECTORS LAST WEEK

Education & Training Services; Oil & Gas Drilling & Exploration; Steel & Iron; Wineries & Distilleries; Metal Fabrication.

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WEAKEST MARKET SECTORS LAST WEEK

Integrated Circuits; Broadline Semiconductors; Electronics; Semiconductor Equipment & Materials; Memory Chips.

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KEY ASTROLOGICAL EVENTS DURING THE COMING WEEK

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

September 7
Heliocentric Venus contraparallel Heliocentric Poseidon 00:06 EDT
Sun sesquiquadrate True Lunar Node in right ascension 02:24 EDT
Heliocentric Mercury contraparallel Heliocentric Chiron 04:19 EDT
Venus semisextile Kronos in right ascension 04:49 EDT
Heliocentric Mercury contraparallel Heliocentric Pluto 06:49 EDT
Heliocentric Mercury conjunct Heliocentric Venus 09:14 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Jupiter 11:42 EDT
Mars square Pluto in right ascension 12:00 EDT
Void-of-Course Moon 14:08 – 18:50 EDT
Heliocentric Mercury square Heliocentric Neptune 15:30 EDT
Heliocentric Venus sesquiquadrate Heliocentric Jupiter 18:37 EDT
Heliocentric Earth sextile Heliocentric Mercury 21:46 EDT
Lunar apogee 22:45 EDT
Heliocentric Mercury semisquare Heliocentric Kronos 23:50 EDT

September 8
Heliocentric Mercury contraparallel Heliocentric Neptune 01:54 EDT
Mars sesquiquadrate True Lunar Node 02:01 EDT
Venus square Poseidon in right ascension 03:44 EDT
Moon at maximum north declination 05:44 EDT
Sun parallel Mars 07:08 EDT
Sun parallel Mars in right ascension 07:09 EDT
Heliocentric Earth contraparallel Heliocentric Mars 08:11 EDT
Heliocentric Venus square Heliocentric Neptune 08:32 EDT
Heliocentric Mercury sextile Heliocentric Saturn 11:21 EDT
Heliocentric Venus contraparallel Heliocentric Chiron 12:08 EDT
Heliocentric Mercury trine Heliocentric Mars 14:58 EDT
Venus semisextile Kronos 17:35 EDT
Heliocentric Mercury parallel Heliocentric Admetos 19:41 EDT
Heliocentric Mercury quincunx Heliocentric Pluto 20:28 EDT
Venus sesquiquadrate Pluto in right ascension 23:58 EDT

September 9
Heliocentric Venus contraparallel Heliocentric Pluto 00:05 EDT
Heliocentric Mercury conjunct Heliocentric Admetos 00:22 EDT
Mercury trine True Lunar Node in right ascension 01:17 EDT
Heliocentric Mercury sextile Heliocentric Vulcanus 02:00 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 03:22 EDT
Heliocentric Mercury semisextile Heliocentric Hades 03:51 EDT
Heliocentric Mercury quincunx Heliocentric Apollon 04:20 EDT
Chiron square Apollon in right ascension 04:57 EDT
Heliocentric Mercury trine Heliocentric Chiron 08:07 EDT
Sun semisquare Poseidon in right ascension 14:09 EDT
Heliocentric Venus semisquare Heliocentric Kronos 15:42 EDT
Venus square True Lunar Node 17:58 EDT
Mars trine Admetos in right ascension 22:41 EDT
Heliocentric Mercury contraparallel Heliocentric Cupido 23:34 EDT
Heliocentric Mercury trine Heliocentric Jupiter 23:45 EDT

September 10
Mars square Pluto 00:06 EDT
Void-of-Course Moon 00:41 – 07:06 EDT
Mercury enters Virgo 03:19 EDT
Mercury sextile Kronos in right ascension 05:27 EDT
Heliocentric Mercury enters Gemini 05:51 EDT
Heliocentric Mercury parallel Heliocentric Vulcanus 05:52 EDT
Sun sesquiquadrate True Lunar Node 09:11 EDT
Heliocentric Mercury parallel Heliocentric Saturn 09:56 EDT
Heliocentric Mercury semisextile Heliocentric Kronos 10:47 EDT
Heliocentric Mercury parallel Heliocentric Hades 14:35 EDT
Venus semisquare Mars in right ascension 14:58 EDT
Sun square Pluto in right ascension 15:25 EDT
Mars trine Chiron in right ascension 16:51 EDT
Venus quincunx Uranus 16:52 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Venus 17:22 EDT
Mars semisextile Apollon in right ascension 18:51 EDT
Venus quincunx Uranus in right ascension 20:28 EDT
Heliocentric Mercury semisquare Heliocentric Saturn 22:10 EDT
Venus sesquiquadrate Pluto 23:53 EDT

September 11
Heliocentric Mercury square Heliocentric Uranus 00:58 EDT
Venus trine Cupido in right ascension 01:00 EDT
Mercury sextile Poseidon in right ascension 03:57 EDT
Heliocentric Mercury quincunx Heliocentric Poseidon 05:48 EDT
Heliocentric Mercury parallel Heliocentric Kronos 05:50 EDT
Heliocentric Mars semisquare Heliocentric Poseidon 06:37 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Admetos 10:31 EDT
Saturn semisextile Hades 11:53 EDT
Heliocentric Mercury semisquare Heliocentric Vulcanus 12:05 EDT
Heliocentric Earth trine Heliocentric Saturn 12:18 EDT
Heliocentric Venus sextile Heliocentric Saturn 12:24 EDT
Heliocentric Earth sextile Heliocentric Venus 12:34 EDT
Heliocentric Mercury trine Heliocentric Zeus 13:26 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Hades 13:53 EDT
Venus sextile Zeus in right ascension 13:58 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Apollon 14:21 EDT
Mars trine Chiron 16:09 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Chiron 18:11 EDT
Heliocentric Mercury opposition Heliocentric Cupido 18:48 EDT
Mars semisquare Poseidon 19:06 EDT
Sun square Pluto 20:23 EDT
Heliocentric Mars square Heliocentric Pluto 20:25 EDT
Void-of-Course Moon begins 21:22 EDT
Mercury sextile Kronos 23:28 EDT

September 12
Venus square Poseidon 01:03 EDT
Sun trine Admetos in right ascension 05:19 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Uranus 06:05 EDT
Venus semisquare Mars 09:22 EDT
Heliocentric Mercury trine Heliocentric Neptune 12:17 EDT
Mercury trine True Lunar Node 13:27 EDT
Sun trine Chiron in right ascension 16:34 EDT
Heliocentric Venus contraparallel Heliocentric Neptune 17:00 EDT
Void-of-Course Moon ends 17:16 EDT
Sun semisextile Apollon in right ascension 19:30 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Kronos 20:07 EDT
Heliocentric Venus quincunx Heliocentric Pluto 21:42 EDT
Sun trine Chiron 21:56 EDT

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STOCKS TO WATCH: BCII, GLYT, R, TRBS.


Bone Care International Inc. (BCII)
NASDAQ
First Trade Date: 05/09/1996; 09:30 a.m.
Trading Strategy: BCII has just broken out above its 10-week moving average as Jupiter has crossed its First-Trade IC. Our plan is to take advantage of that strength by entering a long position early this week. A planetary line for the transneptunian planet Apollon (G,19.78,N,0) defines key support and resistance, so we will use it to set our initial stop at 22.32.


Genlyte Group Inc. (GLYT)
NASDAQ
First Trade Date: 08/08/1988; 09:30 a.m.
Trading Strategy: Trading in this stock has been activated recently by transiting Jupiter conjoining the GLYT First-Trade Zeus, and now moving across the First-Trade Ascendant as well, with transiting Mars not far behind. At the same time, transiting Pluto is opposing First-Trade Kronos to add even more strength to the prospects for this stock. We plan to add a long position to the Model Portfolio this week, setting our initial stop at 57.45, a level suggested by the planetary line for Uranus (G,26.73,N,0).


Ryder Systems, Inc. (R)
NYSE; Optionable
First Trade Date: 09/19/1960; 10:00 a.m.
Trading Strategy: This stock is getting an enormous amount of planetary action right now. Transiting Poseidon is conjunct the First-Trade Ascendant, with transiting Neptune conjunct the First-Trade IC. In addition, transiting Mars is conjunct the First-Trade True Lunar Node, transiting Pluto is sextile the First-Trade Venus, and transiting Jupiter is passing over the First-Trade Sun/Apollon conjunction. That’s a bunch of factors to take into consideration, but Ryder’s performance in recent trading sessions has given us all the confidence we need to add this stock to the Model Portfolio this week. Planetary lines for the Sun (G,27.66,N,0) and Neptune (G,21.74,N,0) have helped us set an initial stop at 42.17.


Texas Regional Bankshares (TRBS)
NASDAQ
First Trade Date: 03/16/1994; 09:30 a.m.
Trading Strategy: Transiting Jupiter is currently in opposition to the TRBS First-Trade Sun, setting the stage for positive price action, at least for the short run. We plan to take advantage of the opportunity by adding a long position in TRBS to the Model Portfolio this week. We’re using a mirrored planetary line for the True Lunar Node (G,23.54,Y,0) to set our initial stop at 28.07.

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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 @ 9/05/2004 02:51:34 AM