FinancialCyclesWeekly.com #0437 – September 12-18, 2004 with Tim Bost

COMMENT: Japan has seen a big jump in counterfeit 1,000-yen notes recently. In 2000 police discovered just 190 of them in circulation, but that number went up to 3,128 in 2001 and 12,637 in 2002. During the first six months of this year alone, Japanese authorities have found 11,042 fake 1,000-yen notes, so it’s definitely going to be a record year.
The 1,000-yen note (roughly equivalent to $9 U.S.) is a popular item for counterfeiters because it’s widely used in vending machines. The machine manufacturers have come up with innovations designed to detect the bogus notes, but those features are expensive, so many vending machines in operation don’t have the detection mechanisms and regularly accept the fake notes. Since the 1,000-yen notes are easy to produce with computer scanners or on copy machines, the Do-It-Yourself versions are becoming increasingly popular.

Can You Break a 200?
Do-It-Yourself currency is also apparently catching on here in the U.S. as well. Kathryn Miller, a salesperson at a women’s clothing store in Greensburg, Pennsylvania, recently made a $99 sale and then took a $200 bill from the customer, returning $101 in change.
Apparently the fact that the Federal Reserve Bank doesn’t issue $200 notes didn’t faze Miller in the least. The same thing could be said of the employee in a Kentucky fast-food restaurant who recently accepted a $200 bill in payment for a $2 food purchase, giving the customer $198 in change.
What’s curious about all this is that the authorities in Pennsylvania and Kentucky, like their Japanese counterparts, described the Do-It-Yourself money as “fake,” while referring to the currency given in change as “real money.” The main problem, it seems, is that there’s nothing to stand behind the Do-It-Yourself version except the recipient’s faith and confidence in the person who printed it.
But as a matter of fact, that’s also true of the so-called “real money.”

Tech Stock Tango
Some of the semiconductor issues and other tech stocks were among the strongest players in the equities markets last week, just one week after they showed up on our list of the weakest market sectors. This bounce was one of the big reasons that the NASDAQ was among the strongest market averages for the week, but we’re not sure it should be trusted as a sign of clearing skies for this troubled part of the market. We’re anticipating a continuation of the short-term rally that’s been having so much trouble getting started lately, and while NASDAQ is certainly a part of what could prove to be a fairly significant positive movement for equities, we’re certainly not expecting a return to wildly speculative times or the advent of another massive tech stock bubble.

Round Trips to Bankruptcy Court
Speaking of clearing skies, the Dow Jones Transportation Average also did quite well last week, thanks mainly to big jumps by FedEx, Yellow Roadway, Union Pacific, and J. B. Hunt Transportation Services. The enthusiasm didn’t spill over into the airlines, however. Southwest, Continental and Northwest all managed to post small gains for the week, but the news from Delta and US Airways was dire. Both companies are on the verge of bankruptcy, with Delta announcing massive layoffs and route restructuring while US Airways is struggling to keep contract talks with pilots afloat.

Reporting for Duty
When George W. Bush spoke to the National Guard Association during his presidential campaign in 2000, he began his remarks with “General, I am reporting for duty.” It will be interesting to see what he says when he talks to the same group this Tuesday, especially considering the current contentions from the Boston Globe and CBS News that the President failed to obey orders and honor his commitments while in the Texas Air National Guard.
For quite some time we’ve been pointing out the astrological parallels between the current presidential administration and that of Richard Nixon, whose politically-motivated misdeeds and subsequent resignation from office came just one Saturn cycle ago. That’s why it’s a little eerie to see some of the current controversy focusing on the credibility of 72-year-old newsman Dan Rather, who is staunchly defending the authenticity of the military documents CBS used in its story on the gaps in President Bush’s National Guard record. Rather was also one of the reporters who confronted President Nixon during the height of the Watergate scandal in 1974. When he questioned the President then, Nixon snapped at him: “Are you running for something?”
“No sir,” Rather replied. “Are you?”

Show Me the Money
Another parallel between the Bush administration and the Nixon era involves the fate of the U.S. Dollar. When Richard Nixon removed the Dollar from the gold standard in 1971, he got rid of any pretense that the currency had anything more than credulity backing it up. A massive recession and major bear market soon followed.
The current administration hasn’t had any standard to divorce the currency from, except perhaps the standards of simple arithmetic. With the astronomical federal budget deficit hitting record new highs, the government claims that the deficit is going down because it is turning out to be smaller than it was previously estimated to be.
This is something like a retail merchant tripling the price of an item in his store, and then knocking off 25% and announcing that it’s “on sale.” While the strategy may drive a few customers into the store or a few voters to the touch screen, the numbers just don’t add up.
Maybe the best solution is for all of us to head for the copy machines instead, so we can add to the supply of Do-It-Yourself $200 bills. Is it any wonder that Paul Volcker, who was chairman of the Federal Reserve before Alan Greenspan, now estimates that there’s a 75% of the U.S. being in a major financial crisis within the next five years?

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THE WEEK AHEAD

With the Labor Day holiday out of the way and the presidential election still a couple of months off, the markets have an opportunity to create a clear direction for the fall. Rosh Hashanah will take many traders out of the market action toward the end of this week, however, so volume is likely to be low on Thursday and Friday. Other than that, the main factors at play this week are likely to be the price of oil and earnings, earnings, earnings.
There will be a number of key players releasing earnings reports this week, and it won’t take more than one or two disappointments in that department to shake Wall Street’s fairly fragile rally. We’ll be getting the word from Best Buy (BBY), Oracle (ORCL), Circuit City (CC), Campbell Soup Company (CPB), Pier 1 Imports (PIR), Kroger (KR), 3M (MMM), Tektronix (TEK) and Biomet (BMET).
The biggest factor in oil news will be coming from Vienna, where OPEC ministers are meeting on Wednesday. Their stance on production policy is always important, but given the recent run-up in petroleum prices, it will carry even more than the usual weight this time.
Other economic news will be linked to reports on July Business Inventories, August Retail Sales, August Industrial Production and Capacity Utilization, and the August Consumer Price Index. We’ll also get preliminary figures from the University of Michigan on Consumer Sentiment for September, as well as the Philadelphia Fed Survey for September.
Astrologically, we have the New Moon coming up on Tuesday, which activates the Mars/Pluto square that occurred last week. This is definitely a time of tension, in the political arena, in global interactions, and in the markets as well. But with the Sun about to conjoin Mars on Wednesday, things continue to line up for some major positive action ahead.
Above all, this week brings us an opportunity to shift our psychological dynamics as we approach the trading environment. If we shake off our old lethargy and pay attention to the events that unfold, we’ll easily spot the places that are potentially profitable. 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.

Spontaneous flashes of insight can stimulate our minds and our emotions now, and if we are ready to pay attention to our intuition we can begin new courses of action that can produce dramatic results.

"As soon as man does not take his existence for granted, but beholds it as something unfathomably mysterious, thought begins." - Albert Schweitzer

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GLOBAL EQUITIES MARKETS LAST WEEK

Markets around the world continued their rally last week, but were certainly not overwhelming in their positive price action. A notable exception was the FTSE-100 in London, which put in a small loss for the week.

Dow Jones Industrial Average – up 0.52%
Dow Jones Transportation Average – up 2.63%
Dow Jones Utilities Average – up 0.23%
S&P 500 – up 0.92%
NASDAQ Composite Index – up 2.70%
Russell 2000 – up 2.46%
London FTSE-100 – down 0.13%
Paris CAC-40 – up 0.32%
Frankfurt DAX – up 0.49%
Sydney All Ordinaries – up 0.50%
Tokyo Nikkei – up 0.55%
Hong Kong Hang Seng Index – up 0.43%
Singapore Straits Times Index – up 1.61%

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FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: DECK, UHCO, CMGI.

We closed three Model Portfolio positions during the past week, with 3 winners producing a net profit of $156.00.

On September 7 we bought to cover 300 shares of Deckers Outdoor Corporation (DECK) at 30.29, taking a profit of $48.00 (a 0.53% gain in 6 trading days).

On September 7 we bought to cover 800 shares of Universal American Financial (UHCO) at 11.84, taking a profit of $88.00 (a 0.92% gain in 4 trading days).

On September 8 we sold 1,000 shares of C M G I Inc. (CMGI) at 1.18, taking a profit of $20.00 (a 1.72% gain in 5 trading days).

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POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: BCII, GLYT, R, TRBS.

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

We bought 400 shares of Bone Care International, Inc. (BCII) at 24.83 on 09/07/04, setting our initial stop at 22.32.

We bought 200 shares of Genlyte Group Inc. (GLYT) at 61.75 on 09/07/04, setting our initial stop at 57.45.

We bought 200 shares of Ryder Systems, Inc. (R) at 44.75 on 09/07/04, setting our initial stop at 42.17.

We bought 300 shares of Texas Regional Bankshares (TRBS) at 29.15 on 09/07/04, setting our initial stop at 28.07.

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YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

So far in 2004 we have had a total of 142 completed trades, with 66 winners and 76 losers bringing us a total net profit of $24,738.50. 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 $174.21. The mean duration of our trades has been 9.6 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 24.10. Raise stop to 23.75.

Bone Care International, Inc. (BCII) – bought 400 shares at 24.83 on 09/07/04; currently 24.83. Raise stop to 24.22.

Cuno, Inc. (CUNO) – bought 200 shares at 49.75 on 07/23/04; currently 58.44. Raise stop to 58.00.

Genlyte Group Inc. (GLYT) – bought 200 shares at 61.75 on 09/07/04; currently 63.32. Raise stop to 61.40.

Haemonetics Corporation (HAE) – bought 300 shares at 31.45 on 09/03/04; currently 31.74. Raise stop to 31.42.

L 3 Communications Holdings (LLL) – bought 200 shares at 62.67 on 09/01/04; currently 64.30. Raise stop to 63.20.

Liz Clairborne Inc. (LIZ) – bought 300 shares at 35.50 on 08/12/04; currently 38.92. Raise stop to 38.00.

Nvidia Corporation (NVDA) – bought 1,000 shares at 10.10 on 08/12/04; currently 14.07. Raise stop to 12.25.

Ocular Sciences Inc. (OCLR) – bought 200 shares at 43.25 on 08/25/04; currently 46.20. Raise stop to 45.30.

Privatebancorp Inc. (PVTB) – bought 300 shares at 29.00 on 08/26/04; currently 31.20. Raise stop to 29.75.

Ryder Systems, Inc. (R) – bought 200 shares at 44.75 on 09/07/04; currently 44.82. Raise stop to 44.35.

Texas Regional Bankshares (TRBS) – bought 300 shares at 29.15 on 09/07/04; currently 29.63. Raise stop to 28.95.

Volvo Aktiebolaget ADR B Shares (VOLVY) – bought 300 shares at 33.00 on 08/20/04; currently 35.36. Raise stop to 34.70.

*****


STRONGEST MARKET SECTORS LAST WEEK

Specialized Semiconductors; Networking & Communications Devices; Semiconductor Equipment & Materials; Data Storage Devices; Integrated Circuits.

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WEAKEST MARKET SECTORS LAST WEEK

Dairy Products; Wholesale Drugs; Rental & Leasing Services; Aluminum; Soft Drinks.

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KEY ASTROLOGICAL EVENTS DURING THE COMING WEEK

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

September 13
Mercury perihelion 00:09 EDT
Sun semisquare Poseidon 00:42 EDT
Venus semisquare Hades in right ascension 03:31 EDT
Heliocentric Venus trine Heliocentric Mars 07:07 EDT
Mercury sesquiquadrate Chiron in right ascension 07:12 EDT
Heliocentric Mercury semisextile Heliocentric Saturn 07:41 EDT
Mercury semisquare Apollon in right ascension 09:24 EDT
Mercury opposition Uranus in right ascension 10:04 EDT
Mercury opposition Uranus 11:53 EDT
Heliocentric Venus conjunct Heliocentric Admetos 12:16 EDT
Heliocentric Earth sesquiquadrate Heliocentric Poseidon 12:49 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Poseidon 14:55 EDT
Heliocentric Earth square Heliocentric Mercury 15:18 EDT
Mercury square Cupido in right ascension 15:46 EDT
Heliocentric Mercury opposition Heliocentric Pluto 15:54 EDT
Heliocentric Venus sextile Heliocentric Vulcanus 18:24 EDT
Heliocentric Mercury square Heliocentric Mars 19:07 EDT
Heliocentric Earth square Heliocentric Pluto 19:16 EDT
Heliocentric Mercury semisextile Heliocentric Admetos 19:35 EDT
Heliocentric Mercury semisextile Heliocentric Vulcanus 21:09 EDT
Heliocentric Mercury semisextile Heliocentric Venus 22:05 EDT
Heliocentric Mercury conjunct Heliocentric Hades 22:57 EDT
Heliocentric Mercury trine Heliocentric Apollon 23:24 EDT
Heliocentric Venus sesquiquadrate Heliocentric Zeus 23:42 EDT

September 14
Heliocentric Venus semisextile Heliocentric Hades 01:32 EDT
Venus sextile Zeus 01:35 EDT
Heliocentric Mars trine Heliocentric Admetos 01:55 EDT
Heliocentric Earth parallel Heliocentric Zeus 02:20 EDT
Mercury semisextile Zeus in right ascension 02:23 EDT
Heliocentric Venus quincunx Heliocentric Apollon 03:18 EDT
Heliocentric Mercury quincunx Heliocentric Chiron 03:23 EDT
Mercury contraparallel Uranus 04:15 EDT
Mercury contraparallel Uranus in right ascension 04:35 EDT
Uranus sesquiquadrate Apollon in right ascension 05:14 EDT
Venus trine Cupido 08:34 EDT
Sun contraparallel Zeus 09:01 EDT
Sun contraparallel Zeus in right ascension 10:19 EDT
New Moon 10:29 EDT
Mercury sesquiquadrate Chiron 11:49 EDT
Venus in 24th harmonic to Vulcanus 13:45 EDT
Mercury sextile Poseidon 14:14 EDT
Heliocentric Earth sextile Heliocentric Admetos 19:09 EDT
Heliocentric Venus trine Heliocentric Chiron 19:11 EDT
Heliocentric Mercury square Heliocentric Jupiter 19:42 EDT
Void-of-Course Moon begins 20:55 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Neptune 21:22 EDT

September 15
Heliocentric Mercury enters Cancer 00:18 EDT
Heliocentric Mars sextile Heliocentric Vulcanus 00:22 EDT
Void-of-Course Moon ends 00:54 EDT
Heliocentric Mercury conjunct Heliocentric Kronos 05:12 EDT
Heliocentric Earth trine Heliocentric Vulcanus 05:16 EDT
Mars in 24th harmonic to Zeus 07:00 EDT
Sun in 24th harmonic to Zeus 07:40 EDT
Venus contraparallel Neptune 08:19 EDT
Venus contraparallel Neptune in right ascension 08:24 EDT
Sun conjunct Mars 08:54 EDT
Heliocentric Earth opposition Heliocentric Mars 09:16 EDT
Sun semisextile Apollon 09:42 EDT
Mars semisextile Apollon 10:07 EDT
Moon at 0 degrees south declination 10:48 EDT
Venus semisquare Hades 11:02 EDT
Mars square Hades in right ascension 11:43 EDT
Sun trine Admetos 11:55 EDT
Mars trine Admetos 13:29 EDT
Jupiter sesquiquadrate Neptune 16:58 EDT
Heliocentric Earth square Heliocentric Hades 17:03 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Saturn 17:12 EDT
Venus in 24th harmonic to Saturn 19:07 EDT
Heliocentric Mercury trine Heliocentric Uranus 19:31 EDT
Heliocentric Mars in 24th harmonic to Heliocentric Zeus 19:47 EDT
Heliocentric Earth quincunx Heliocentric Apollon 19:55 EDT
Sun square Hades in right ascension 20:58 EDT
Sun sextile Vulcanus 21:06 EDT

September 16
Heliocentric Mercury trine Heliocentric Poseidon 00:11 EDT
Mercury semisextile Zeus 00:50 EDT
Mercury semisquare Apollon 02:02 EDT
Heliocentric Mars square Heliocentric Hades 02:33 EDT
Mars sextile Vulcanus 03:31 EDT
Mercury semisquare Vulcanus in right ascension 03:48 EDT
Heliocentric Mercury semisquare Heliocentric Admetos 04:55 EDT
Mercury square Cupido 05:26 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Vulcanus 06:30 EDT
Heliocentric Mercury square Heliocentric Zeus 07:52 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Hades 08:21 EDT
Heliocentric Mars semisextile Heliocentric Apollon 08:54 EDT
Mercury semisquare Vulcanus 08:57 EDT
Heliocentric Venus parallel Heliocentric Admetos 09:35 EDT
Mercury in 24th harmonic to Mars 12:34 EDT
Heliocentric Mercury quincunx Heliocentric Cupido 13:20 EDT
Sun conjunct Mars in right ascension 14:36 EDT
Mercury square 5/31/2003 Solar Eclipse Point 21:00 EDT
Mars contraparallel Zeus in right ascension 21:02 EDT
Sun square Hades 21:03 EDT
Void-of-Course Moon begins 21:31 EDT
Heliocentric Earth sextile Heliocentric Chiron 23:03 EDT

September 17
Sun in 24th harmonic to Mercury 02:20 EDT
Mercury semisquare Saturn in right ascension 02:49 EDT
Heliocentric Mercury semisquare Heliocentric Venus 03:35 EDT
Mars contraparallel Zeus 05:21 EDT
Void-of-Course Moon ends 06:25 EDT
Mercury semisquare Saturn 06:26 EDT
Heliocentric Mercury quincunx Heliocentric Neptune 07:16 EDT
Sun sextile Vulcanus in right ascension 08:58 EDT
Sun sextile Saturn 09:31 EDT
True Lunar Node direct station 11:00 EDT
Venus semisquare Jupiter in right ascension 11:18 EDT
Heliocentric Venus trine Heliocentric Jupiter 14:11 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Kronos 15:17 EDT
Mars square Hades 15:51 EDT
Mars sextile Vulcanus in right ascension 18:41 EDT
Mercury contraparallel Apollon 19:53 EDT
Mercury contraparallel Apollon in right ascension 20:18 EDT

September 18
Heliocentric Mercury conjunct Heliocentric Saturn 04:02 EDT
Heliocentric Venus enters Gemini 05:03 EDT
Sun parallel Jupiter in right ascension 05:55 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Uranus 06:10 EDT
Heliocentric Mercury quincunx Heliocentric Pluto 12:00 EDT
Sun parallel Jupiter 13:16 EDT
Heliocentric Earth contraparallel Heliocentric Jupiter 13:27 EDT
Venus opposition Neptune 13:49 EDT
Mars sextile Saturn 14:31 EDT
Heliocentric Mercury sextile Heliocentric Admetos 15:49 EDT
Heliocentric Mercury conjunct Heliocentric Vulcanus 17:29 EDT
Venus opposition Neptune in right ascension 18:42 EDT
Heliocentric Mercury semisextile Heliocentric Hades 19:25 EDT
Heliocentric Mercury square Heliocentric Apollon 19:53 EDT
Heliocentric Mars trine Heliocentric Chiron 23:04 EDT

September 19
Mercury quincunx Neptune 00:11 EDT
Heliocentric Venus semisextile Heliocentric Kronos 00:17 EDT
Heliocentric Mercury opposition Heliocentric Chiron 00:29 EDT
Heliocentric Mercury sextile Heliocentric Mars 00:35 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Cupido 00:39 EDT
Sun sextile Saturn in right ascension 06:00 EDT
Mercury sesquiquadrate True Lunar Node in right ascension 06:21 EDT
Mercury quincunx Neptune in right ascension 07:18 EDT
Venus semisquare Jupiter 07:44 EDT
Venus conjunct 11/09/2003 Lunar Eclipse Antiscion 07:51 EDT
Void-of-Course Moon 08:24 – 10:30 EDT
Heliocentric Earth trine Heliocentric Mercury 10:00 EDT
Mercury in 24th harmonic to Jupiter 12:25 EDT
Mercury semisextile Venus 18:59 EDT
Heliocentric Mercury sextile Heliocentric Jupiter 19:04 EDT
Heliocentric Mercury enters Leo 22:29 EDT


*****


STOCKS TO WATCH: ASVI, EXBD, HLEX, OZRK, SCSC.


A.S.V. Inc. (ASVI)
NASDAQ
First Trade Date: 08/11/1994; 09:30 a.m.
Trading Strategy: Jupiter is currently transiting the ASVI First-Trade Ascendant, with a conjunction to First-Trade Zeus not far behind. It’s no wonder, then, that ASVI has just broken out above its 200-day Moving Average. In the past we’ve seen significant support and resistance coming from planetary lines for Pluto (G,23.53,N,0) and Zeus (G,17.95,N,0). Our plan is to add a long position in ASVI as soon as we get a daily close above the Pluto line at 33.02; we’ll be setting our initial stop on the Zeus line at 31.30.


Corporate Executive Board Company (EXBD)
NASDAQ; Optionable
First Trade Date: 02/23/1999; 09:30 a.m.
Trading Strategy: The current Saturn/Vulcanus conjunction has lined up along the EXBD First-Trade IC, with some extra energy coming from transiting Uranus conjoining the EXBD First-Trade Sun and transiting Neptune conjoining the First-Trade Uranus. This could mark the creation of a solid base for a future positive move, so we’re ready to take a long position in this stock this week. We’ve found that a planetary line from Cupido (G,24.33,N,0) is active in providing ongoing support in the trading for EXBD, so we’ll be using that Cupido dynamic to set our initial stop for the trade at 56.45.


Healthextras Inc. (HLEX)
NASDAQ; Optionable
First Trade Date: 12/14/1999; 09:30 a.m.
Trading Strategy: This stock broke through its 200-day Moving Average and gapped upward in trading last week after being upgraded to a “strong buy” by First Albany. We agree. After all, Saturn is currently transiting the HLEX First-Trade Descendant, so there’s definitely some room for upside action in the coming weeks and months. We’ll be adding a long position in HLEX early this week, setting our initial stop at 11.74, at the intersection of planetary lines for Mars (G,31.41,N,0) and Chiron (G,24.95,N,0).


Bank of the Ozarks, Inc. (OZRK)
NASDAQ
First Trade Date: 07/17/1997; 09:30 a.m.
Trading Strategy: This stock could be ready for a significant breakout, thanks to the action of transiting Saturn conjoining the OZRK First-Trade Sun as transiting Mars conjoins the First-Trade True Lunar Node. That’s some pretty powerful astrological energy, so we’ll be buying this stock early in the week to take advantage of the momentum. Planetary lines for Pluto (G,24.3,N,0) and Admetos (G,49,N,0) have been worth paying attention to in the OZRK chart in the past; we’ll use them right now to set our initial stop at 26.00.


Scansource Inc. (SCSC)
NASDAQ; Optionable
First Trade Date: 03/18/1994; 09:30 a.m.
Trading Strategy: We really like the looks of the dramatic price move this stock has made in recent trading sessions, except for one thing: it appears to have been triggered by transiting Jupiter in opposition to the SCSC First-Trade Sun, which suggests that the positive pop may be short-lived. Even so, we plan to get in on the action with a modest long position early this week, setting our initial stop on the planetary line for the True Lunar Node (G,23.54,N,0) at a price of 62.14, and then trailing it tightly if we get any initial profits.

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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 @ 9/12/2004 02:53:35 AM