FinancialCyclesWeekly.com #0438 – September 19-25, 2004 with Tim Bost

COMMENT: Last week was a good time to be in the stock market, unless you were drinking too much Coke. The Coca-Cola Company (KO) warned investors that its per-share results for the third quarter will be at least 24 percent below its earnings of a year ago, blaming the drop on bad weather in Europe and admitting that the company is having problems executing its business strategy in North America. Coke’s stock plunged more than 6% for the week, dragging down the Dow Jones Industrial Average in the process.
While the earnings warning was the obvious reason for the drop in Coke stock, there were some astrological factors at work behind the scenes as well. When the warning was issued, transiting Saturn and Mercury (negative news) were both forming a stressful alignment with the transneptunian planet Vulcanus in the KO First-Trade horoscope (09/26/1924 at 10:00 a.m., New York City). In addition, the KO First-Trade Chiron is currently tangled up in an extremely challenging T-square pattern with transiting Apollon and Vulcanus, with an annoying sequiquadrate from transiting Cupido thrown into the mix.
KO is now trading at prices not seen since the spring of 2003; if it finds support at the 37.00 price level which marked the low of March, 2003 we might see this current kick in the butt become the precursor of a significant buying opportunity.

Owning or Borrowing?
There’s been a good bit of attention paid lately to what has been trumpeted as a positive trend in “ownership” in America. Since the end of 2001, the number of Americans owning mutual funds has risen to 53.3 million, up by 1.6 million. During that same time frame, home ownership among Americans has increased from 67.5 percent of the population to 69.2 percent of the population.
The real question here, however, is not one of ownership, but rather one of massive borrowing. Those homes are all connected with a record number of mortgages. The increase in mutual fund ownership represents big margin borrowing. So what we’re really seeing in America is an increasing the ownership of debt.

Political Food Fighting
The election campaigning in the U.S. has become more and more distasteful in recent weeks, and we’re seeing a marked decrease in general enthusiasm for the entire political process. While we’ve seen lots of opinion polls taken among “likely voters,” we haven’t run into any numbers that show what the trends are among eligible voters, indicating just how few of them are actually going to bother going to the polls at all.
Things have gotten a bit more interesting elsewhere, however. An Australian campaign stop by Prime Minister John Howard on the Tweed River about 500 kilometers north of Sydney resulted in an unusual political protest from Paul Taylor.
Taylor worked his way to the front of the crowd as Howard was speaking, and then hurled a bag of cheese at him. It missed, landing at the Prime Minister’s feet. Taylor then went into a tirade against Howard and Larry Anthony, a local parliamentarian. He announced “On behalf of the working class people in the Tweed I’m going to present this cheese to you because you and your mate are past your use-by date and you’ll soon be looking for jobs!”
It’s not entirely clear why Taylor chose to use cheese as a part of his protest, although deregulation of the dairy industry has been a hot political issue in the region. The incident also may have been connected to Howard’s having been called a “lying rodent” by another politician a few days before Taylor’s protest. At any rate, throwing cheese is a good bit more entertaining than the mud-slinging we’re seeing in the U.S.

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THE WEEK AHEAD

With fewer than 60 companies reporting earnings this week, there won’t be much corporate news to drive the markets. We will be paying attention to a few reports, however, including Adobe Systems (ADBE), Lennar Corporation (LEN), KB Home (KBH), Nike (NKE), Coles Myer (CM), AutoZone (AZO), General Mills (GIS), Goldman Sachs (GS), Lehman Brothers Holdings (LEH), Bear Stearns (BSC), Jabil (JBL), Cognos (COGN), Darden Restaurants (DRI), ConAgra Foods (CAG), Bed Bath & Beyond (BBBY), Paychex (PAYX) and FedEx (FDX).
It’s also a fairly slack week for economic reports. We’ll get Building Permits, Housing Starts, Existing Home Sales, Initial Jobless Claims, Durable Goods Orders, and the Leading Indicators. The biggest economic news will be coming from Tuesday’s meeting of the Federal Reserve Open Market Committee. While an interest rate increase of 25 basis points is virtually a foregone conclusion, any positive language in the accompanying statements could provide the excuse the market needs to pump some extra energy into the rally.
The geocosmic dynamics at play this week include a conjunction of the Sun and Jupiter at the Fall Equinox, accented by a lunar perigee and a Mercury/Pluto square. That’s a pattern which is not without some stressful potential, but our analysis suggests that the net result will be a strengthening of the market’s move to the upside, but least for the near term.
We are moving into a Chiron station this weekend, however, which could skew the other astrological dynamics at work. Our sense of the situation is that if we get a choppy market or a slight decline toward the end of this trading week, the Chiron station will snap the rally back into place a week from now. On the other hand, if the upside action for the markets continues on unabated through the end of this week, Chiron may serve to dampen the energy a bit as the following trading week gets underway.
A mid-day void-of-course Moon on Tuesday gives us an opportunity to step aside and look at the markets, while another lunar void at the end of the trading day on Thursday suggests that the best strategy will be to close up shop early.
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.

In spite of some emotional edginess in the air, this is a time in which we can communicate powerfully, especially if we are true to ideals that are devoid of fear and greed, and if we express greater harmony, fairness and justice in all that we do or say.

"I can't live without a culture anymore and I realize I don't have one. What passes for a culture in my head is really a bunch of commercials and this is intolerable. It may be impossible to live without a culture." - Kurt Vonnegut, Jr.

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GLOBAL EQUITIES MARKETS LAST WEEK

Except for U.S. Blue Chips, which were pulled down by Coca-Cola, 3M, and Altria, stock markets around the world extended their rally, with the Frankfurt DAX posting the strongest gain for the week.

Dow Jones Industrial Average – down 0.28%
Dow Jones Transportation Average – up 1.02%
Dow Jones Utilities Average – up 0.84%
S&P 500 – up 0.41%
NASDAQ Composite Index – up 0.83%
Russell 2000 – up 0.57%
London FTSE-100 – up 1.01%
Paris CAC-40 – up 1.32%
Frankfurt DAX – up 2.63%
Sydney All Ordinaries – up 1.15%
Tokyo Nikkei – down 0.01%
Hong Kong Hang Seng Index – up 1.70%
Singapore Straits Times Index – up 1.82%

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FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: ADVNB, BCII, CUNO, VOLVY, LIZ.

We closed five Model Portfolio positions during the past week, with 4 winners and 1 loser producing a net profit of $3,743.00.

On September 14 we sold 500 shares of Advanta Corporation Class B (ADVNB) at 23.75, taking a profit of $1,125.00 (a 10.47% gain in 19 trading days).

On September 14 we sold 400 shares of Bone Care International, Inc. (BCII) at 24.22, taking a loss of $244.00 (a 2.46% loss in 5 trading days).

On September 15 we sold 200 shares of Cuno, Inc. (CUNO) at 58.00, taking a profit of $1,650.00 (a 16.58% gain in 37 trading days).

On September 16 we sold 300 shares of Volvo Aktiebolaget ADR B Shares (VOLVY) at 34.54, taking a profit of $462.00 (a 4.67% gain in 18 trading days).

On September 17 we sold 300 shares of Liz Clairborne Inc. (LIZ) at 38.00, taking a profit of $750.00 (a 7.04% gain in 25 trading days).

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POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: HLEX, OZRK, SCSC, EXBD, ASVI.

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

We bought 800 shares of Healthextras Inc. (HLEX) at 13.97 on 09/13/04, setting our initial stop at 11.74.

We bought 400 shares of Bank of the Ozarks, Inc. (OZRK) at 29.26 on 09/13/04, setting our initial stop at 26.00.

We bought 100 shares of Scanscource Inc. (SCSC) at 66.50 on 09/13/04, setting our initial stop at 62.14.

We bought 200 shares of Corporate Executive Board Company (EXBD) at 58.60 on 09/14/04, setting our initial stop at 56.45.

We bought 300 shares of A.S.V. Inc. (ASVI) at 34.02 on 09/17/04, setting our initial stop at 31.30.

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YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

So far in 2004 we have had a total of 147 completed trades, with 70 winners and 77 losers bringing us a total net profit of $28,481.50. 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 $193.75. The mean duration of our trades has been 10.0 trading days.

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

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

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CURRENT POSITIONS IN THE MODEL PORTFOLIO

A.S.V. Inc. (ASVI) – bought 300 shares at 34.02 on 09/17/04; currently 35.06. Raise stop to 32.10.

Bank of the Ozarks, Inc. (OZRK) – bought 400 shares at 29.26 on 09/13/04; currently 29.25. Raise stop to 28.50.

Corporate Executive Board Company (EXBD) – bought 200 shares at 58.60 on 09/14/04; currently 59.01. Raise stop to 57.60.

Genlyte Group Inc. (GLYT) – bought 200 shares at 61.75 on 09/07/04; currently 64.98. Raise stop to 63.45.

Haemonetics Corporation (HAE) – bought 300 shares at 31.45 on 09/03/04; currently 32.05. Raise stop to 31.50.

Healthextras Inc. (HLEX) – bought 800 shares at 13.97 on 09/13/04; currently 13.81. Raise stop to 13.25.

L 3 Communications Holdings (LLL) – bought 200 shares at 62.67 on 09/01/04; currently 65.55. Raise stop to 63.50.

Nvidia Corporation (NVDA) – bought 1,000 shares at 10.10 on 08/12/04; currently 14.69. Raise stop to 13.40.

Ocular Sciences Inc. (OCLR) – bought 200 shares at 43.25 on 08/25/04; currently 46.53. Raise stop to 46.05.

Privatebancorp Inc. (PVTB) – bought 300 shares at 29.00 on 08/26/04; currently 32.15. Raise stop to 30.75.

Ryder Systems, Inc. (R) – bought 200 shares at 44.75 on 09/07/04; currently 46.83. Raise stop to 45.12.

Scanscource Inc. (SCSC) – bought 100 shares at 66.50 on 09/13/04; currently 66.46. Raise stop to 64.75.

Texas Regional Bankshares (TRBS) – bought 300 shares at 29.15 on 09/07/04; currently 30.55. Raise stop to 29.75.

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STRONGEST MARKET SECTORS LAST WEEK

Internet Information Providers; Sporting Goods Stores; Internet Software & Services; Oil & Gas Drilling & Exploration; Generic Drugs.

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WEAKEST MARKET SECTORS LAST WEEK

Networking & Communications Devices; Printed Circuit Boards; Grocery Stores; Processing Systems & Products; Wholesale Auto Parts.

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KEY ASTROLOGICAL EVENTS DURING THE COMING WEEK

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
Moon crossing Universal Clock 24 Line 10:29 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

September 20
Mercury station anniversary date
Apollon quincunx Admetos 00:57 EDT
Venus square 5/04/2004 Lunar Eclipse Point 03:29 EDT
Heliocentric Mercury semisextile Heliocentric Kronos 03:49 EDT
Sun sesquiquadrate Neptune 09:15 EDT
Heliocentric Mars contraparallel Heliocentric Zeus 09:58 EDT
Mercury semisextile Venus in right ascension 11:16 EDT
Uranus semisquare Chiron in right ascension 11:44 EDT
Venus semisquare Kronos in right ascension 11:47 EDT
Heliocentric Mercury sextile Heliocentric Venus 14:24 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Saturn 17:37 EDT
Heliocentric Mercury quincunx Heliocentric Uranus 19:36 EDT
Mars sextile Saturn in right ascension 20:49 EDT
Jupiter apogee 22:39 EDT

September 21
Heliocentric Mercury square Heliocentric Poseidon 00:32 EDT
Heliocentric Jupiter sesquiquadrate Heliocentric Neptune 00:49 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Pluto 01:47 EDT
Heliocentric Venus semisquare Heliocentric Saturn 01:55 EDT
Moon crossing Universal Clock 24 Line 03:25 EDT
Mercury semisquare Poseidon in right ascension 03:52 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Vulcanus 07:29 EDT
Heliocentric Venus square Heliocentric Uranus 08:50 EDT
Heliocentric Mercury sextile Heliocentric Zeus 09:00 EDT
Heliocentric Mercury semisquare Heliocentric Hades 09:32 EDT
True Lunar Node retrograde station 11:46 EDT
Venus square 11/09/2003 Lunar Eclipse Point 11:54 EDT
Void-of-Course Moon 12:19 – 13:35 EDT
Heliocentric Mercury trine Heliocentric Cupido 15:07 EDT
Mercury sesquiquadrate True Lunar Node 15:20 EDT
Mercury square Pluto in right ascension 17:11 EDT
Heliocentric Chiron semisquare Heliocentric Cupido 17:47 EDT
Heliocentric Earth semisquare Heliocentric Neptune 18:34 EDT
Sun conjunct Jupiter 19:47 EDT
Heliocentric Earth opposition Heliocentric Jupiter 19:57 EDT
Heliocentric Mercury semisquare Heliocentric Mars 20:26 EDT
Mercury crossing Universal Clock 24 Line 20:43 EDT
Moon at maximum south declination 22:34 EDT

September 22
Heliocentric Venus quincunx Heliocentric Poseidon 02:09 EDT
Venus trine Pluto in right ascension 07:27 EDT
Heliocentric Mercury parallel Heliocentric Kronos 07:35 EDT
Venus semisquare Kronos 08:24 EDT
Sun conjunct Jupiter in right ascension 10:33 EDT
Heliocentric Mercury opposition Heliocentric Neptune 11:11 EDT
Mercury trine Admetos in right ascension 11:13 EDT
Heliocentric Mercury semisquare Heliocentric Jupiter 11:37 EDT
Sun enters Libra – Autumnal Equinox 12:29 EDT
Zeus sesquiquadrate Admetos 13:27 EDT
Heliocentric Earth sesquiquadrate Heliocentric Mercury 14:50 EDT
Mercury trine Chiron in right ascension 16:36 EDT
Lunar perigee 17:08 EDT
Heliocentric Venus contraparallel Heliocentric Cupido 17:28 EDT
Mercury square Pluto 19:03 EDT
Moon crossing Universal Clock 24 Line 19:57 EDT
Heliocentric Mercury semisquare Heliocentric Kronos 20:12 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Admetos 20:32 EDT
Sun quincunx True Lunar Node in right ascension 21:08 EDT
Mercury semisextile Apollon in right ascension 21:29 EDT
Mars sesquiquadrate Neptune 22:00 EDT
Sun sesquiquadrate Neptune in right ascension 22:05 EDT

September 23
Heliocentric Mercury parallel Heliocentric Hades 01:10 EDT
Heliocentric Venus semisquare Heliocentric Vulcanus 02:39 EDT
Mercury trine Chiron 05:51 EDT
Heliocentric Mercury parallel Heliocentric Saturn 07:24 EDT
Heliocentric Venus trine Heliocentric Zeus 08:02 EDT
Moon opposition Saturn 08:33 EDT
Venus square Admetos in right ascension 09:50 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Hades 09:56 EDT
Mercury semisquare Poseidon 10:12 EDT
Heliocentric Mercury semisextile Heliocentric Saturn 11:27 EDT
Heliocentric Venus sesquiquadrate Heliocentric Apollon 11:34 EDT
Heliocentric Mercury parallel Heliocentric Vulcanus 11:55 EDT
Moon trine Mars 13:16 EDT
Heliocentric Mercury parallel Heliocentric Venus 14:58 EDT
Moon trine Jupiter 15:41 EDT
Void-of-Course Moon 15:41 – 16:10 EDT
Venus quincunx Chiron in right ascension 17:53 EDT
Moon trine Sun 18:12 EDT
Heliocentric Mercury contraparallel Heliocentric Cupido 19:12 EDT
Heliocentric Mercury trine Heliocentric Pluto 19:58 EDT
Heliocentric Earth square Heliocentric Kronos 20:18 EDT
Venus contraparallel Chiron in right ascension 21:19 EDT
Venus contraparallel Chiron 21:21 EDT

September 24
Heliocentric Mercury square Heliocentric Admetos 00:13 EDT
Venus sextile Apollon in right ascension 01:31 EDT
Heliocentric Mercury semisextile Heliocentric Vulcanus 02:07 EDT
Heliocentric Mercury semisquare Heliocentric Zeus 03:47 EDT
Heliocentric Mercury sextile Heliocentric Hades 04:22 EDT
Heliocentric Mercury sextile Heliocentric Apollon 04:52 EDT
Heliocentric Venus opposition Heliocentric Cupido 05:23 EDT
Jupiter quincunx True Lunar Node in right ascension 05:46 EDT
Heliocentric Venus sesquiquadrate Heliocentric Chiron 05:59 EDT
Heliocentric Venus parallel Heliocentric Vulcanus 07:04 EDT
Heliocentric Mercury quincunx Heliocentric Chiron 10:35 EDT
Mercury square Hades in right ascension 10:56 EDT
Jupiter sesquiquadrate Neptune in right ascension 11:43 EDT
Venus contraparallel Pluto in right ascension 12:07 EDT
Venus contraparallel Pluto 12:10 EDT
Moon crossing Universal Clock 24 Line 12:23 EDT
Moon conjunct Neptune 13:49 EDT
Hades retrograde station 13:54 EDT
Venus trine Pluto 14:07 EDT
Mercury trine Admetos 15:36 EDT
Mercury in 24th harmonic to Zeus 16:18 EDT
Mercury semisextile Apollon 16:53 EDT
Sun square Kronos 18:02 EDT
Mercury sextile Vulcanus 22:02 EDT
Jupiter enters Libra 23:23 EDT
Venus semisquare Zeus in right ascension 23:27 EDT
Heliocentric Mercury semisextile Heliocentric Mars 22:36 EDT

September 25
Sun quincunx True Lunar Node 00:41 EDT
Sun contraparallel Jupiter 01:12 EDT
Moon sextile Pluto 01:26 EDT
Moon opposition Venus 02:25 EDT
Void-of-Course Moon 02:25 – 18:55 EDT
Sun contraparallel Jupiter in right ascension 04:00 EDT
Sun square Kronos in right ascension 04:16 EDT
Heliocentric Mercury parallel Heliocentric Admetos 05:04 EDT
Heliocentric Venus parallel Heliocentric Saturn 05:44 EDT
Sun contraparallel Mars 06:48 EDT
Venus quincunx Chiron 06:51 EDT
Sun contraparallel Mars in right ascension 07:20 EDT
Heliocentric Mercury semisextile Heliocentric Jupiter 09:47 EDT
Mercury square Hades 10:05 EDT
Heliocentric Mercury enters Virgo 11:42 EDT
Heliocentric Mercury sextile Heliocentric Kronos 18:06 EDT
Heliocentric Earth parallel Heliocentric Jupiter 21:49 EDT
Mars quincunx True Lunar Node in right ascension 23:51 EDT
Mars parallel Jupiter 21:53 EDT

September 26
Moon conjunct Uranus 01:16 EDT
Mercury sextile Saturn 01:37 EDT
Heliocentric Mercury contraparallel Heliocentric Neptune 03:35 EDT
Moon crossing Universal Clock 24 Line 05:11 EDT
Mars enters Libra 05:15 EDT
Heliocentric Earth quincunx Heliocentric Mercury 05:35 EDT
Mercury contraparallel Zeus 05:58 EDT
Sun quincunx Uranus 07:10 EDT
Heliocentric Mercury semisquare Heliocentric Saturn 11:22 EDT
Heliocentric Mercury opposition Heliocentric Uranus 12:58 EDT
Chiron direct station 13:22 EDT
Heliocentric Venus parallel Heliocentric Hades 16:41 EDT
Heliocentric Mercury sextile Heliocentric Poseidon 18:37 EDT
Mars conjunct Jupiter 20:16 EDT

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STOCKS TO WATCH: ADBE, AMHC, IMKTA, ISYS, PETD.


Adobe Systems, Inc. (ADBE)
NASDAQ; Optionable
First Trade Date: 08/13/1986; 09:30 a.m.
Trading Strategy: With Kronos hanging around the Adobe Midheaven, this stock has seen a rally of nearly 25 percent during the past couple of months. Right now transiting Pluto is trine the ADBE First-Trade San, with Jupiter getting ready to cross the First-Trade Ascendant. These are both factors that should add to the stock’s strength. Our plan is to add a long position in Adobe to the Model Portfolio this week, but we will wait until after the company’s earnings report comes out to make a purchase. Some interesting support for this stock comes from a Chiron line (G,80.1,N,-2); we’ll use it to set our initial stop at 46.15.


American Healthways, Inc. (AMHC)
NASDAQ; Optionable
First Trade Date: 08/13/1991; 09:30 a.m.
Trading Strategy: The current planetary configurations for American Healthways are virtually identical to the transits to the Adobe First-Trade chart. In addition, as this trading week gets underway, the transiting Sun will conjoin the AMHC First-Trade Zeus, highlighting the stock even more. This stock has been managing to stay afloat above its 50-day Moving Average with some consistency, so we’re ready to add a long position this week. Planetary lines for Saturn (G,24,N,0) and for Zeus (G,17.71,N,0) have defined the trading range quite nicely in the past, so we will be using their crossing point at 25.86 to set our initial stop.


Ingles Markets Inc. Class A (IMKTA)
NASDAQ
First Trade Date: 09/22/1987; 09:30 a.m.
Trading Strategy: We will be trading with the trend and adding a long position in Ingles Markets to the Model Portfolio early this week. With planetary lines for Jupiter (G,27.9,N,-2) and Poseidon (G,20.77,N,-2) among the most active factors in determining support and resistance for this stock, we will be using an initial stop of 11.57 to protect our position.


Integral Systems, Inc. (ISYS)
NASDAQ
First Trade Date: 05/22/1990; 09:30 a.m.
Trading Strategy: This stock provides us with an interesting example of planetary lines technical indicators working in tandem. In recent trading sessions ISYS broke through its 200-day Moving Average, to close the trading session just above a key planetary line for Saturn (G,29.51,N,0). Since then it has broken through a Chiron line (G,122.6,N,0) and is currently on its way to deal with a planetary line for Neptune (G,28.42,N,0), which has set up a price target for ISYS at just under $20.00. Saturn is crossing the ISYS First-Trade Ascendant right now, suggesting that a base could soon form for a further price extension upward. With that in mind, our plan is to add a long position this week, sending our initial stop on the Chiron line at 18.68.


Petroleum Development Corporation (PETD)
NASDAQ; Optionable
First Trade Date: 01/19/1977; 10:00 a.m.
Trading Strategy: PETD has seen some explosive growth in the last four months, zooming up in price by more then 70 percent since May. We’ve been tracking three planetary lines with this stock, for Chiron (G,27.4,N,0), the True Lunar Node (G,20.89,N,0), and the Sun (G,299.5,N,-2). All three lines came together recently, and it looks like they will be providing good support for a further move upward. With transiting Venus conjoining Saturn in the PETD First-Trade chart, and with the transiting Sun/Jupiter conjunction moving over the PETD First-Trade Descendant this week, things look pretty positive for this stock. Our plan is to add a long position to the Model Portfolio this week, setting our initial stop at 34.00.

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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 @ 9/19/2004 01:55:32 AM