Financial Cycles
October 17, 2004


 
FinancialCyclesWeekly.com #0442 – October 17-23, 2004 with Tim Bost

COMMENT: The bitterness, hostility, and divisiveness continue to grow. Passions are rising and frustrations are compounding. The pollsters and the pundits have declared the U.S. presidential campaign a dead heat.
We fully expect things to be hotly contested at the polls, and there is certainly much at stake in this presidential election. But it is not the campaign, or even the election itself, that is likely to have the biggest impact on the markets. Ultimately, we are not likely to see much difference in the way the markets react to a win by either Kerry or Bush. Instead, what is truly critical for the equities markets, for the economy, and for the country as a whole is what happens in the weeks that follow the voting on November 2. Our astrological analysis suggests that we will be in an especially volatile period throughout much of November, with a high potential for animosity, contention, and outright violence. We could actually conclude that no matter who wins the vote, everybody loses. Our national and individual ability to deal creatively with loss, betrayal, and frustration will shape our experiences for the months and years ahead.
To the degree that chaos spills over into the markets during the coming month, we could also see an enormously profitable opportunity emerging. If political uncertainty pulls share prices lower, it might just provide an entry point for a substantial rally through the end of the year.

ON BEYOND BONESMEN
With the elections just a couple of weeks away, we have just been mailed an Official Sample Ballot from the Sarasota County Supervisor of Elections, which reveals that Florida voters will have more choices for President than just the two Skull and Bones candidates, George W. Bush and John F. Kerry. There are certainly more options than the recently televised debates would suggest!
The ballot also includes consumer advocate Ralph Nader, the Reform Party USA (www.reformparty.org/cgi-bin/hcgmain.cgi) candidate. Since the Nader vote was seen as one of the factors that put George W. Bush in the White House four years ago, his candidacy this year has gotten a good bit of attention in the media. But that is not the case with the other candidates on the Florida ballot. The ballot, in fact, is the only place that most voters will ever see their names.
Like Michael Anthony Peroutka, the candidate of the Constitution Party (www.constitutionparty.com), who says he is working “to restore our government to its Constitutional limits and our law to its Biblical foundation.”
Or Michael Badnarik, the Libertarian (www.lp.org) presidential candidate, who promises to veto deficit spending, slash the size of the federal government, cut taxes, and “put the American economy back on real money, backed by gold and silver” by taking away the power of the Federal Reserve to create fiat currency out of thin air.
Or David Cobb, the Green Party (www.gp.org) candidate. Like Michael Badnarik, Cobb was arrested on October 1 after attempting to enter the Washington University auditorium in St. Louis where the second presidential debate took place between Bush and Kerry, and where participation by other candidates had been banned.
Also on the Florida ballot is Walt Brown, who is the presidential candidate of the Socialist Party USA (www.sp-usa.org) and a former Oregon State Senator. His platform includes “the abolition of male supremacy and class society, and the elimination of all forms of oppression, including those based on race, national origin, age, sexual preferences, and disabling conditions,” in short “the creation of a new social order, a society in which the commanding value is the infinite preciousness of every woman, man, and child.”
The Socialist Workers Party (www.themilitant.com) is running Róger Calero for President and Arrin Hawkins for Vice-president this year. However, their names are not on the Official Sample Ballot that has just been distributed in Florida. The party’s candidates from 2000, James Harris and Margaret Trowe, appear instead as surrogate candidates, since both Calero and Hawkins are ineligible to run under Florida law; Calero is a convicted felon and Hawkins, at 24 years old, is too young to be elected.

A VERY MUDDY HISTORY
The contest in the U.S. presidential race is not only in a dead heat; it is dividing public opinion to a degree that has rarely been seen in U.S. history. The polarization is not without precedent, however. It’s interesting to review some previous election years that offer parallels to current circumstances, both in their general nastiness and in their connection to core economic policies.
In 1792, George Washington faced no significant opposition to his reelection as U.S. President. But it was a noteworthy year in American history because Alexander Hamilton, Washington’s Secretary of the Treasury had just pushed through an excise tax on whiskey in an effort both to pay off the country’s debt from the Revolutionary War and to strengthen the power of the federal government by using federal currency to eliminate barter. The whiskey tax was enormously unpopular, especially with the farmers in western Pennsylvania who wanted to remain independent of the federal influence and who objected to paying a higher tax rate than the one Hamilton had imposed on the larger commercial distillers. Their protests, acts of sabotage, and violent opposition to revenue agents in the Whiskey Rebellion eventually provoked President Washington to send out federal troops to quash the uprising. It was the first time that the U.S. government had used armed force against its own citizens.
In 1828, Andrew Jackson defeated John Quincy Adams in the presidential election after winning the popular vote but losing out in the Electoral College in 1824. Adams, the son of a former U.S. President, lost his bid for a second term in office. The 1828 campaign was significant for beginning America’s long tradition of political mud-slinging and negative character smears. Jackson’s campaign dubbed Adams “The Pimp,” jumping on rumors that President Adams, while serving as ambassador to Russia a decade earlier, had coerced a woman into sleeping with a czar. The Adams campaign was quick to respond. One of its publications announced that “General Jackson's mother was a COMMON PROSTITUTE brought to this country by British soldiers! She afterward married a MULATTO MAN, with whom she had several children, of which number General Jackson IS ONE!!” Jackson’s camp accused “John the Second” of aspiring to royal dynastic rule. Loyalists to the President claimed that Andrew Jackson had committed war crimes while commanding American troops in the War of 1812. The name-calling escalated, with the two candidates being variously described as gambler, adulterer, brawler, slave-master, alcoholic, gunfighter, illiterate, and nonbeliever in Christ. By Election Day, the accusations had even turned to the candidates’ wives, who were branded with adultery, immorality, and illegitimacy. It was all nasty business, but the election itself was to have a profound effect on U.S. monetary policy, with President Jackson deciding to veto the renewal of the charter for a central bank, objecting that “the rich and powerful too often bend the acts of government to their selfish purposes.”
1864 was also a highly polarized election year, since America was embroiled in the Civil War as Abraham Lincoln ran for re-election. The states of the Confederacy were excluded from the voting for president, and Lincoln (whose opposition had called him a baboon and a gorilla) won the vote after running a campaign which urged the electorate not to “change horses in the middle of the stream” while the war was going on. Lincoln’s new term in office was short-lived, however. He was assassinated in April, 1865, after serving just one month in his new term as President. There are many theories about the conspiracy behind Lincoln’s assassination, one of which is that it was the result of his monetary policy, namely his introduction of “greenbacks” and his refusal to rely on high-interest loans from European bankers to finance the Union effort in the Civil War.

*****


THE WEEK AHEAD

It’s another big week coming up for market news. This week we will be looking for earnings reports from 3M Company (MMM), IBM (IBM), Texas Instruments (TXN), Altria Group (MO), Wells Fargo & Company (WFC), Motorola (MOT), McDonald’s Corporation (MCD), Boston Scientific (BSX), Ford Motor Company (F), EMC Corporation (EMC), Sprint Corporation (FON), Electronic Arts (ERTS), JP Morgan Chase (JPM), eBay Inc. (EBAY), Amgen Inc. (AMGN), Wyeth (WYE), Washington Mutual (WM), Allstate Corporation (ALL), United Technologies (UTX), Honeywell International (HON), Colgate-Palmolive (CL), Countrywide Financial (CFC), Computer Associates (CA), Siebel Systems (SEBL), Microsoft Corporation (MSFT), Coca-Cola (KO), American International Group (AIG), SBC Communications (SBC), Merck & Company Inc. (MRK), Eli Lilly & Company (LLY), United Parcel Service (UPS), Caterpillar Inc. (CAT), Schering-Plough (SGP), Nextel Communications (NXTL), and Schlumberger Inc. (SLB).
The economic calendar will feature the September numbers for Housing Starts, Leading Indicators, and the Consumer Price Index, as well as the October survey from the Philadelphia Fed. Alan Greenspan will be talking to the American Community Bankers meeting on Tuesday, and as usual the Fed-watchers will be doing their best to read between the lines. In addition, Fed Governor Ben Bernanke and Janet Yellen, the president of the San Francisco Fed, will both be giving key speeches later in the week, so we may get some significant new hints about upcoming interest rate policies.
Heliocentric dynamics figure prominently in this week’s market astrology, with a Venus/Saturn conjunction and a Mars/Zeus conjunction on Tuesday and a Venus/Vulcanus conjunction on Wednesday. We’ll be watching all of them to provide significant price support. Wednesday also brings a geocentric Venus/Pluto square, and there are a couple of planetary stations in the works as well: Vulcanus going retrograde just after the market close on Friday, and Neptune going direct next Sunday. The combination suggests that we should get ready for a change in trend.
A couple of periods when the Moon is void-of-course this week will impact our trading strategy. We will step aside on Monday afternoon during the lunar void, and plan to watch the market action from the sidelines all day on Friday unless some of our stop get hit and oblige us to close out trades.
Have a great week!

*****


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.

We have infinite inner potentials, but they can only be expressed when we have the courage to risk trusting relationships with others. If we cultivate the specific disciplines that can help us act in accordance with our true nature, we can access enormous power in very practical ways.

“There is a natural law which says: you’ll get what is coming to you and you never will get that which is not meant for you and therefore you should be able to see quickly how marvelous Nature shows itself all things.”
--George Bayer

*****


GLOBAL EQUITIES MARKETS LAST WEEK

Stocks around the world showed some weakness last week, with issues in Europe outpacing the losses in the U.S.

Dow Jones Industrial Average – down 0.99%
Dow Jones Transportation Average – up 0.10%
Dow Jones Utilities Average – up 0.81%
S&P 500 – down 1.11%
NASDAQ Composite Index – down 1.55%
Russell 2000 – down 1.81%
London FTSE-100 – down 1.22%
Paris CAC-40 – down 2.13%
Frankfurt DAX – down 2.25%
Sydney All Ordinaries – up 0.60%
Tokyo Nikkei – down 0.71%
Hong Kong Hang Seng Index – down 0.60%
Singapore Straits Times Index – down 2.02%

*****


FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: EXBD, MLI, PETD, PDCO, CRDN, TONS, OSG, R.

We closed eight Model Portfolio positions during the past week, with 6 winners and 2 losers producing a net profit of $2,861.00.

On October 11 we sold 200 shares of Corporate Executive Board Company (EXBD) at 59.75, taking a profit of $230.00 (a 1.96% gain in 19 trading days).

On October 11 we sold 200 shares of Mueller Industries, Inc. (MLI) at 43.75, taking a loss of $100.00 (a 1.13% loss in 4 trading days).

On October 11 we sold 300 shares of Petroleum Development Corporation (PETD) at 42.15, taking a profit of $1,995.00 (an 18.73% gain in 14 trading days).

On October 12 we sold 200 shares of Patterson Companies Inc. (PDCO) at 75.25, taking a profit of $80.00 (a 0.53% gain in 9 trading days).

On October 13 we sold 300 shares of Ceradyne Inc. (CRDN) at 45.00, taking a profit of $600.00 (a 4.65% gain in 11 trading days).

On October 13 we sold 400 shares of Novamerican Steel Inc. (TONS) at 25.00, taking a loss of $500.00 (a 4.76% loss in 1 trading day).

On October 13 we sold 200 shares of Overseas Shipping Group (OSG) at 51.98, taking a profit of $96.00 (a 0.93% gain in 6 trading days).

On October 13 we sold 200 shares of Ryder Systems, Inc. (R) at 47.05, taking a profit of $460.00 (a 5.14% gain in 26 trading days).

*****


POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: EXPD, TONS.

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

We sold short 200 shares of Expeditors International of Washington, Inc. (EXPD) at 53.75 on 10/11/04, setting our initial buy stop at 54.95.

We bought 400 shares of Novamerican Steel Inc. (TONS) at 26.25 on 10/12/04, setting our initial stop at 25.00.

*****


YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

So far in 2004 we have had a total of 169 completed trades, with 84 winners and 85 losers bringing us a total net profit of $36,357.50. 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 $215.13. The mean duration of our trades has been 10.3 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.

*****


CURRENT POSITIONS IN THE MODEL PORTFOLIO

Adobe Systems, Inc. (ADBE) – bought 200 shares at 49.00 on 09/22/04; currently 51.48. Raise stop to 50.25.

Burlington Northern and Santa Fe Railway Company (BNI) – bought 300 shares at 38.61 on 10/05/04; currently 39.72. Raise stop to 39.15.

eBay Inc. (EBAY) – bought 100 shares at 90.38 on 09/29/04; currently 93.76. Raise stop to 92.00.

Expeditors International of Washington, Inc. (EXPD) – sold short 200 shares at 53.75 on 10/11/04; currently 54.50. Lower buy stop to 54.80.

Integral Systems, Inc. (ISYS) – bought 500 shares at 19.15 on 09/21/04; currently 20.00. Raise stop to 19.80.

*****


STRONGEST MARKET SECTORS LAST WEEK

Personal Computers; Specialty Eateries; Healthcare Facility REITs; Retail REITs; Residential REITs.

*****

WEAKEST MARKET SECTORS LAST WEEK

Insurance Brokers; Music & Video Stores; Medical Practitioners; Metal Fabricators; Accident & Health Insurance.

*****


KEY ASTROLOGICAL EVENTS DURING THE COMING WEEK

October 17
Mercury contraparallel True Lunar Node in right ascension 00:39 EDT
Mercury contraparallel True Lunar Node 00:52 EDT
Moon sextile Jupiter 00:52 EDT
Mercury opposition True Lunar Node 02:38 EDT
Mercury opposition True Lunar Node in right ascension 02:41 EDT
Mercury trine Kronos 03:02 EDT
Sun trine Hades 06:53 EDT
Heliocentric Mercury trine Heliocentric Saturn 09:40 EDT
Moon sextile Neptune 14:05 EDT
Heliocentric Mercury contraparallel Heliocentric Admetos 15:08 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 15:19 EDT
Heliocentric Earth sesquiquadrate Heliocentric Cupido 15:20 EDT
Moon sextile Mars 16:17 EDT
Mercury trine Uranus 17:30 EDT
Heliocentric Mercury semisextile Heliocentric Pluto 18:53 EDT
Lunar perigee 19:44 EDT
Moon square Venus 21:07 EDT
Heliocentric Mars sesquiquadrate Heliocentric Admetos 23:01 EDT

October 18
Heliocentric Earth square Heliocentric Chiron 01:38 EDT
Heliocentric Mercury opposition Heliocentric Admetos 01:41 EDT
Heliocentric Mercury semisquare Heliocentric Mars 02:10 EDT
Moon conjunct Pluto 02:40 EDT
Venus sesquiquadrate True Lunar Node 03:18 EDT
Heliocentric Mercury trine Heliocentric Vulcanus 05:05 EDT
Venus semisquare Poseidon in right ascension 07:56 EDT
Heliocentric Mercury semisquare Heliocentric Zeus 08:15 EDT
Heliocentric Mercury quincunx Heliocentric Hades 09:26 EDT
Heliocentric Mercury semisextile Heliocentric Apollon 10:07 EDT
Heliocentric Jupiter square Heliocentric Kronos 11:41 EDT
Moon sextile Sun 11:46 EDT
Void-of-Course Moon 11:46 – 19:07 EDT
Mercury trine Kronos in right ascension 17:15 EDT
Sun trine Hades in right ascension 17:16 EDT
Moon enters Capricorn 19:07 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Cupido 20:37 EDT
Mercury square 5/16/2003 Lunar Eclipse Antiscion 23:27 EDT
Mercury semisextile Jupiter 23:37 EDT

October 19
Moon sextile Uranus 00:18 EDT
Heliocentric Mercury sextile Heliocentric Chiron 00:20 EDT
Mercury semisquare Pluto 00:32 EDT
True Lunar Node sextile Kronos 00:48 EDT
Mercury parallel Poseidon in right ascension 02:56 EDT
Mercury parallel Poseidon 03:17 EDT
Moon square Jupiter 03:45 EDT
Moon at maximum south declination 04:01 EDT
Moon sextile Mercury 04:12 EDT
Venus square Pluto in right ascension 08:18 EDT
Heliocentric Venus sesquiquadrate Heliocentric Uranus 09:58 EDT
Heliocentric Earth contraparallel Heliocentric Uranus 11:07 EDT
Heliocentric Earth quincunx Heliocentric Mercury 12:18 EDT
Heliocentric Venus conjunct Heliocentric Saturn 14:20 EDT
Mercury conjunct Poseidon 15:10 EDT
Mercury conjunct Poseidon in right ascension 17:03 EDT
Heliocentric Mars conjunct Heliocentric Zeus 17:04 EDT
Venus trine Admetos in right ascension 19:00 EDT
Jupiter quincunx Uranus in right ascension 21:08 EDT
Venus contraparallel Mars 21:20 EDT
Venus contraparallel Mars in right ascension 21:22 EDT
Moon square Mars 20:54 EDT
Sun square Saturn 21:24 EDT

October 20
Heliocentric Mercury parallel Heliocentric Cupido 03:19 EDT
Moon trine Venus 03:57 EDT
Heliocentric Mars in 24th harmonic to Heliocentric Apollon 05:01 EDT
Heliocentric Venus quincunx Heliocentric Pluto 05:44 EDT
Sun square Vulcanus in right ascension 09:23 EDT
Mercury semisquare Pluto in right ascension 11:27 EDT
Jupiter sesquiquadrate Admetos in right ascension 13:45 EDT
Heliocentric Mercury contraparallel Heliocentric Vulcanus 16:24 EDT
Mercury trine Uranus in right ascension 16:29 EDT
Moon opposition Saturn 16:35 EDT
Venus trine Chiron in right ascension 17:05 EDT
Heliocentric Mercury enters Sagittarius 17:07 EDT
Venus square Pluto 17:27 EDT
Heliocentric Venus sextile Heliocentric Admetos 17:35 EDT
Moon square Sun 17:59 EDT
Void-of-Course Moon 17:59 – 21:38 EDT
True Lunar Node retrograde station 19:01 EDT
Mercury semisextile Jupiter in right ascension 19:35 EDT
Heliocentric Mercury contraparallel Heliocentric Saturn 21:58 EDT
Mars trine Neptune in right ascension 22:22 EDT
Heliocentric Venus conjunct Heliocentric Vulcanus 23:37 EDT
Venus in 24th harmonic to Jupiter 23:46 EDT

October 21
Venus semisextile Apollon in right ascension 00:23 EDT
Heliocentric Venus parallel Heliocentric Kronos 02:14 EDT
Mercury in 24th harmonic to Apollon 04:13 EDT
Mercury parallel Pluto 04:15 EDT
Mercury parallel Pluto in right ascension 04:16 EDT
Heliocentric Mercury quincunx Heliocentric Kronos 04:42 EDT
Mercury semisextile Zeus 04:45 EDT
Heliocentric Mercury sextile Heliocentric Jupiter 06:28 EDT
Venus trine Chiron 06:44 EDT
Moon trine Jupiter 07:10 EDT
Heliocentric Venus semisextile Heliocentric Hades 07:22 EDT
Mercury semisextile Cupido 08:31 EDT
Heliocentric Venus square Heliocentric Apollon 08:32 EDT
Mercury parallel Chiron 10:57 EDT
Mercury parallel Chiron in right ascension 11:02 EDT
Heliocentric Mercury contraparallel Heliocentric Hades 12:19 EDT
Venus semisquare Poseidon 12:30 EDT
Moon square Mercury 13:16 EDT
Mercury sesquiquadrate Hades 16:22 EDT
Moon conjunct Neptune 19:09 EDT
Sun parallel Uranus in right ascension 21:43 EDT
Sun parallel Uranus 21:43 EDT

October 22
Neptune station anniversary date
Mercury semisextile Cupido in right ascension 00:57 EDT
Moon trine Mars 02:25 EDT
Heliocentric Venus sesquiquadrate Heliocentric Cupido 03:05 EDT
Moon sextile Pluto 08:20 EDT
Void-of-Course Moon begins 08:20 EDT
Heliocentric Venus opposition Heliocentric Chiron 10:25 EDT
Mercury semisextile Zeus in right ascension 10:48 EDT
Heliocentric Mercury contraparallel Heliocentric Venus 13:02 EDT
Heliocentric Mercury square Heliocentric Uranus 15:45 EDT
Vulcanus retrograde station 16:40 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Saturn 19:03 EDT
Venus square Hades in right ascension 21:10 EDT
Venus trine Admetos 21:26 EDT
Sun enters Scorpio 21:48 EDT
Heliocentric Earth enters Taurus 21:48 EDT
Heliocentric Mercury contraparallel Heliocentric Kronos 22:17 EDT
Heliocentric Mercury semisextile Heliocentric Poseidon 23:16 EDT

October 23
Heliocentric Mars sextile Heliocentric Cupido 00:01 EDT
Void-of-Course Moon 01:13 EDT
Moon trine Sun 01:29 EDT
Mercury sesquiquadrate Hades in right ascension 02:23 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Pluto 03:12 EDT
Moon conjunct Uranus 06.30 EDT
Venus semisextile Apollon 13:25 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Vulcanus 13:34 EDT
Venus sextile Vulcanus 14:09 EDT
Venus in 24th harmonic to Zeus 14:14 EDT
Heliocentric Mercury sextile Heliocentric Zeus 16:54 EDT
Mercury semisquare Venus in right ascension 18:00 EDT
Mercury square Neptune 18:20 EDT
Heliocentric Mercury semisquare Heliocentric Apollon 18:50 EDT
Mars sesquiquadrate Uranus 21:39 EDT
Moon trine Mercury 23:59 EDT

October 24
Venus square Hades 04:05 EDT
Sun square Saturn in right ascension 05:21 EDT
Jupiter semisextile Poseidon 05:28 EDT
Heliocentric Mercury conjunct Heliocentric Cupido 05:47 EDT
Venus contraparallel Zeus 06:18 EDT
Heliocentric Earth sextile Heliocentric Kronos 06:28 EDT
Venus sextile Vulcanus in right ascension 07:46 EDT
Venus contraparallel Zeus in right ascension 07:56 EDT
Neptune direct station 07:57 EDT
Heliocentric Mercury semisquare Heliocentric Chiron 10:22 EDT
Heliocentric Mercury sextile Heliocentric Mars 11:34 EDT
Mercury square 11/09/2003 Lunar Eclipse Antiscion 12:41 EDT
Moon square Pluto 13:04 EDT
Heliocentric Earth quincunx Heliocentric Jupiter 17:36 EDT
Moon opposition Venus 21:51 EDT

*****


STOCKS TO WATCH: BZF, FFEX, PARL, RRGB, WWCA.

The Brazil Fund, Inc. (BZF)
NYSE
First Trade Date: 03/31/1988; 09:30 a.m.
Trading Strategy: With Uranus hanging out near the First-Trade Midheaven and transiting Saturn in opposition to First-Trade Mars, this stock has a lot of potential for positive market action. BZF made a correct low at 26.39 on the Mercury/Saturn square (G,90,N,-2) last Friday; we will use that price level to set our initial stop as we enter a long position in BZF early this week.


Frozen Food Express Industries Inc. (FFEX)
NASDAQ
First Trade Date: 05/25/1993; 09:30 a.m.
Trading Strategy: Saturn is crossing the First-Trade Ascendant and Mars is activating the First-Trade IC for this stock; that makes it a good candidate for a long position. Heliocentric Venus (H,360,N,-2) provided support for a correct low for FFEX on October 8 at 7.30; that will be our initial stop as we add a long position to the Model Portfolio this week.


Parlux Fragrances Inc. (PARL)
NASDAQ
First Trade Date: 02/26/1987; 09:30 a.m.
Trading Strategy: This stock failed to meet our entry requirements last week, but we are leaving it on the watch list this week. Our plan is to add a long position in PARL this week, setting our initial stop at 12.50.


Red Robin Gourmet Burgers (RRGB)
NASDAQ; optionable
First Trade Date: 07/19/2002; 9:30 a.m.
Trading Strategy: Saturn is transiting the RRGB First-Trade Sun/Jupiter conjunction, and as soon as it moves out of the way we expect this stock to make a substantial gain. If we get a daily close at 44.35 or better, we will add a long position to the Model Portfolio at the next day’s open, setting our initial stop at 43.55.


Western Wireless Corporation Class A (WWCA)
NASDAQ; optionable
First Trade Date: 05/23/1996; 09:30 a.m.
Trading Strategy: Saturn is moving across the WWCA First-Trade Ascendant as transiting Mars is getting ready to conjoin the stock’s True Lunar Node. Our plan is to add a long position in WWCA this week, setting our initial stop at 26.30.
*****


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.

*****