FinancialCyclesWeekly.com #0521 -- May 22-28, 02005 with Tim Bost

COMMENT: The latest economic figures, not only from Washington, but also from around the world, are anything but rosy. The most recent numbers in the reports from the Philadelphia Fed and the Empire State were unexpectedly grim, while the University of Michigan sentiment indicator showed that there's little confidence among consumers in the likelihood of an economic recovery.


Former Dallas Fed Governor Robert McTeer told CNBC that the Federal Reserve may be concerned enough about the economy to anticipate getting near the end of its series of interest rate hikes. Even Fed Chairman Alan Greenspan admitted that the over-speculated real estate market is getting a bit "frothy," although Mr. Greenspan is still apparently in denial about the issue, insisting that froth is not actually some sort of a bubble.


But the news from Europe was also worrisome. The French GDP was much weaker than expected, and Italian Industrial Orders were down sharply, too. In Great Britain, Consumer Credit dropped by ₤40 million, the biggest plunge in over a decade.


Also in Britain, the Office for National Statistics reported that retail sales for the last three months were essentially flat, up just 0.2% for the quarter. That number actually managed to look optimistic, however, when it was compared to reports from three of the country's most prestigious retailers: Boots, Next, and Sainsbury's.


Boots reported that pre-tax profits were down by 11%, but when exceptional costs were added to the picture the firm's actual drop in profits was 26%. On the same day, Next warned investors that its sales were down by 6.3% during the first 15 weeks of 2005.


But the worst news of all came from Sainsbury's, reporting a 97.5% plunge in profits. It was the firm's biggest loss in profits in 135 years.


SO WHERE'S THE BEAR?

With such a catastrophic panorama on the economic horizon, just exactly what does the stock market think it's doing? After all, stocks have started rallying again, with equity markets in the U.S. putting in their best week in six months. Share prices are also looking pretty good in most of the world's other markets, at least good enough to keep investors paying attention. So what's going on?


First, it's helpful to remember that the markets anticipate economic activity, and not the other way around. A combination of lousy economic numbers and some enthusiasm in the equities markets is not as much of an anomaly as it may seem. But there's also some manipulation going on. By focusing on declining oil prices and a strengthening dollar, the forces that drive the markets can whip up a convincing argument that owning shares is a good thing, so everybody ought to be doing it. As usual the market needs a pool of potential bag-holders who are ready to put their money into stocks.


Make no mistake about it. The market needs a lot of naïve money to keep this rally rolling. After all, those "declining" oil prices are still historically high, and steep prices at the pump impact every part of the economy. The "strengthening" dollar is also remarkably weak, and if the Fed is in fact beginning to be concerned about a slowdown and starts to ease up on its current tightening stance, the greenback will be even less attractive in the world's markets. In the absence of a new Bretton Woods Agreement, an outright currency collapse is a real possibility. If that happens, the bag-holders will be left holding a much bigger bag than they ever bargained for.


Finally, we would be remiss if we failed to mention the astrological dynamics at work behind the scenes. We did in fact accurately forecast this rally well before it got underway, thanks to our use of market astrology. After all, that's one of the unique points of focus that we bring to the markets, and time and again we find that we can rely on planetary energies to give us significant clues about market directions and appropriate strategies. In this case, it's the Neptune station that's at play. Neptune is the planet most strongly associated with illusion and deception, and right now that symbolic heritage is particularly apropos. There may not be active deception going on in the markets right now (although there probably is), but there's certainly plenty of illusion!


RED AND BLUE BASES

Last week we reported on the potential economic impact of the Pentagon's decision to shut down military bases across the country. It turns out, however, that the anticipated loss of jobs will not impact the country uniformly.


Senator Frank Lautenberg (D-NJ) questioned last week why states that opposed President Bush's reelection (the so-called blue states) will be losing nearly 25,000 jobs with the closings, while the red states, the ones that voted in favor of President Bush's reelection last fall, didn't show a net loss at all, but will actually experience a net gain of 11,000 jobs.

The Pentagon has denied that politics were involved in the breakdown of the Base Realignment and Closure plan. "My hope was that these decisions were completely removed from politics," Senator Lautenberg said, "but the total numbers do raise some questions."



AN EVEN DARKER DARK SIDE

The new Star Wars movie is smashing all box office records, much to the delight of the entertainment industry. There's another new film out, however, that hasn't generated nearly as much attention at the box office or from the media. Even so, "Enron: the Smartest Guys in the Room," Alex Gibney's new documentary, is still a must-see movie.


The film is based on the best-selling book by Fortune magazine reporters Bethany McLean and Peter Elkind, but it does an even better job than the book in making the Enron debacle come alive. The incredible hubris, the phantasmagoric bookkeeping, the staggering arrogance and abuse of political connections, and the ghastly human consequences of the corrupt house of cards are all here to see.


Gibney's deft film editing and a beautifully understated voice-over narration by Peter Coyote combine nicely to produce a memorable and fascinating movie-watching experience. But what makes "Enron: the Smartest Guys in the Room" even more impressive is the fact that Gibney has not only brought together footage from CNBC and from CSPAN coverage of Congressional hearings to combine with his interviews with McLean, Elkind, and various former Enron employees--he has also gotten his hands on in-house video footage from company meetings. As we get to watch Kenneth Lay and Jeffrey Skilling boast brazenly about the company's innovation and invincibility during the Enron glory years, the effect is especially chilling.


You won't find "Enron: the Smartest Guys in the Room" showing on quite as many screens as "Episode Three: Revenge of the Sith." But by all means try to find a screening and see this film. Whether you need some help putting together the complexities of this greatest of all corporate crimes, or even if you just need a little refresher before Jeffrey Skilling and Kenneth Lay go on trial next year, you're sure to find it an especially entertaining way of getting the information.


KICK ASS CONNECTIONS

Speaking of movies, it's interesting to note that President Bush will be hosting a dinner in Washington on June 14, and porn star Mary Carey has been invited to attend. Carey, who was one of the candidates in the California recall election for governor in the fall of 2003, will be joined at the event by her boss, Mark Kulkis, the president of Kick Ass Pictures, a producer of hardcore adult videos.


Kulkis and Carey will be in the nation's capitol not only to join Mr. Bush at the dinner, but also to attend two days of events sponsored by the National Republican Congressional Committee (NRCC). Among other things, the NRCC is giving the two an opportunity to meet with presidential advisor Karl Rove, so they can voice their opinions on key national issues.

Mark Kulkis serves as an Honorary Chairman on the NRCC's Business Advisory Council. "I'm honored to be invited to this event," he said. "Republicans bill themselves as the pro-business party. Well, you won't find a group of people more pro-business than pornographers. We contributed over $10 billion to the national economy last year."

****


THE WEEK AHEAD

During the coming week we will be paying attention to earnings reports from Campbell Soup (CPB), McData Corporation (MCDTA), Medtronic (MDT), Network Appliance (NTAP), Toro (TTC), Computer Sciences Corporation (CSC), Petco Animal Supplies (PETC), Brown-Forman Corporation (BFB), AutoZone (AZO), Novell (NOVL), Kerr-McGee (KMG), Dollar General Corporation (DG), H. J. Heinz Company (HNZ), Costco (COST), Computer Associates International (CA), Guidant (GDT), Lockheed Martin (LMT), Newmont Mining (NEM), Eastman Kodak (EK), and Schering-Plough (SGP).


The world of economic news should feature reports on Existing Home Sales, Durable Goods Orders, New Home Sales, Personal Income, Consumption, and the First-Quarter GDP. We'll also be getting a fresh look at Consumer Sentiment from the University of Michigan. The Federal Reserve will be releasing the minutes of its May meeting on Tuesday; the document will be closely perused for hints on future interest rate policy. Fed Governor Ben Bernanke will be appearing before a Senate committee on Wednesday; the panel is considering his nomination to the President's Council of Economic Advisors. Treasury Secretary John Snow will be in front of the Senate Banking Committee on Thursday; given some of the current concerns about the dollar, he may not get an entirely welcome reception.


Aside from an intense Full Moon on Monday, the astrological picture this week is still mainly colored by last Thursday's Neptune station. That's a cloudy, confusing energy, and our guess is that the confusion will work in favor of sustaining the current rally for at least another week. That bullish assumption is underwritten in part by Monday's waxing Venus/Neptune trine and heliocentric Mercury/Jupiter opposition, both of which show good historical correlations with rising markets. The real driver of a continued rally, however, is next weekend's Venus/Pluto opposition. It tends to act strongly before the actual aspect occurs, and has brought the Dow Industrials up about two-thirds of the time during the past century. So we expect the rally to continue this week.


On a day-to-day basis, we will be keeping an eye on the lunar voids, using them as we typically do to step aside from active trading so we can refresh our energies and gain a more balanced perspective on the markets by seeing them from the outside. A void-of-course Moon kicks off the action this week on Monday morning. It's followed on Wednesday by a brief intraday void in the afternoon, and by another one on Friday that sets the stage for an extended lunch break. Throughout the week, we will be paying particular attention to fifth harmonic heliocentric planetary lines in our trading set-ups, using lines for Mercury, Chiron, Hades, Mars, Neptune, Venus, Cupido, and the Earth, all set at (H,72,N,0) or (H,72,N,-2) on the Fibonacci Trader/Galactic Trader software.


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.


Although we may begin the week with some confusion and some polarized energy tugging at our egos, our task this week is to expand our spiritual auras so that we can individually become true instruments of blessing for all humanity. The more we open our hearts to love, the grander our vision will become.


"Man did not weave the web of life; he is merely a strand in it. Whatever he does to the web, he does to himself." --Chief Seattle

*****


GLOBAL EQUITIES MARKETS LAST WEEK

The stock market rally that we predicted last week got emphatically underway around the world, with markets showing surprising strength. The only significant exceptions were Hong Kong and Tokyo, which both posted small losses for the week.

Dow Jones Industrial Average -- up 3.27%
Dow Jones Transportation Average -- up 6.43%
Dow Jones Utilities Average -- up 2.66%
S+P 500 -- up 3.05%
NASDAQ Composite Index -- up 3.52%
Russell 2000 -- up 4.71%
London FTSE-100 -- up 1.75%
Paris CAC-40 -- up 1.95%
Frankfurt DAX -- up 1.99%
Sydney All Ordinaries -- up 0.64%
Tokyo Nikkei Index -- down 0.11%
Hong Kong Hang Seng Index -- down 1.08%
Singapore Straits Times Index -- up 0.10%

*****


FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: CMX, BAX, TCC, BOW.

We closed four Model Portfolio positions during the past week, with one winner and three losers producing a net profit of $130.00.

On May 16 we sold 500 shares of C N S Inc. (CMX) at 18.62, taking a loss of $120.00 (a 1.27% loss in 9 trading days).

On May 17 we sold 300 shares of Baxter International Inc. (BAX) at 36.78, taking a loss of $153.00 (a 1.37% loss in 6 trading days).

On May 18 we bought to cover 400 shares of Trammell Crow Company (TCC) at 23.00, taking a loss of $260.00 (a 2.91% loss in 2 trading days).

On May 20 we bought to cover 300 shares of Bowater Inc. (BOW) at 31.20, taking a profit of $663.00 (a 6.61% gain in 24 trading days).

*****


POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: ADSK, PFE, TCC, DEO.

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

We bought 300 shares of Autodesk Inc. (ADSK) at 35.85 on 05/16/05, setting our initial stop at 31.00.

We bought 400 shares of Pfizer Inc. (PFE) at 28.22 on 05/16/05, setting our initial stop at 25.35.

We sold short 400 shares of Trammell Crow Company (TCC) at 22.35 on 05/16/05, setting our initial buy stop at 23.00.

We bought 200 shares of Diageo PLC ADS (DEO) at 59.42 on 05/20/05, setting our initial stop at 58.60.

****


YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

So far this year we have had a total of 82 completed trades, with 26 winners and 56 losers bringing us a total net profit of $4,859.00. The largest profit for a single trade has been $2,875.00, with our winners averaging $795.88; the largest single-trade loss has been $956.00, with our losers averaging $319.45. The overall average profit per trade has been $59.26, and the mean duration of our trades has been 10.2 trading days.

During 2004 we had a total of 213 completed trades, with 104 winners and 109 losers bringing us a total net profit of $48,913.50. The largest profit for a single trade was $5,645.00; the largest single-trade loss was $750.00; the average profit per trade was $229.64. The mean duration of our trades was 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

Autodesk Inc. (ADSK) -- bought 300 shares at 35.85 on 05/16/05; currently 35.88. Raise stop to 35.00.

Banco Itau S A ADR (ITU) -- bought 100 shares at 86.00 on 05/11/05; currently 86.90. Raise stop to 86.30.

Carbo Ceramics Inc. (CRR) -- sold short 100 shares at 66.43 on 04/29/05; currently 68.00. Lower buy stop to 68.12.

Caremark Rx Inc. (CMX) -- bought 300 shares at 43.08 on 05/09/05; currently 43.45. Raise stop to 42.74.

Diageo PLC ADS (DEO) -- bought 200 shares at 59.42 on 05/20/05; currently 59.50. Raise stop to 58.95.

Equifax Inc. (EFX) -- bought 300 shares at 34.49 on 05/03/05; currently 35.41. Raise stop to 34.70.

Itron Inc. (ITRI) -- bought 300 shares at 36.80 on 05/09/05; currently 40.01. Raise stop to 38.48.

Lufkin Industries Inc. (LUFK) -- bought 300 shares at 27.33 on 05/13/05; currently 28.81. Raise stop to 27.95.

Pfizer Inc. (PFE) -- bought 400 shares at 28.22 on 05/16/05; currently 28.58. Raise stop to 27.85.

SRA International Inc. (SRX) -- bought 100 shares at 67.79 on 04/25/05; currently 68.20. Raise stop to 65.79.


*****

STRONGEST MARKET SECTORS LAST WEEK

Appliances; Sporting Goods Stores; Long-Term Care Facilities; Home Improvement Stores; Internet Service Providers.

*****

WEAKEST MARKET SECTORS LAST WEEK

Wineries and Distilleries; Silver.

*****


ASTRO-TRADING GANN PLAN:
ASTROLOGICAL EVENTS DURING THE COMING WEEK

May 22
Moon semisextile Jupiter 00:04 EDT
Sun opposition 11/13/2003 Solar Eclipse Point 01:34 EDT
Mercury contraparallel Neptune 01:40 EDT
Moon trine Uranus 02:20 EDT
Moon semisextile Cupido 02:51 EDT
Sun semisextile Kronos 03:26 EDT
Mercury square Neptune 04:19 EDT
Heliocentric Mercury square Heliocentric Venus 05:37 EDT
Sun quintile Mars in right ascension 06:15 EDT
Mercury biquintile Pluto 06:15 EDT
Mercury crossing Universal Clock 24 Line 09:14 EDT
Moon quincunx Venus 10:32 EDT
Moon trine Mars 10:57 EDT
Moon contraparallel Admetos 11:31 EDT
Moon sesquiquadrate Kronos 12:20 EDT
Saturn semisextile Hades 13:20 EDT
Moon square Neptune 14:33 EDT
Moon biquintile Hades 14:34 EDT
Heliocentric Earth quincunx Heliocentric Kronos 14:44 EDT
Mercury semisquare Kronos in right ascension 15:41 EDT
Moon opposition Mercury 16:13 EDT
Heliocentric Mercury quincunx Heliocentric Poseidon 16:14 EDT
Moon quintile Chiron 20:40 EDT
Moon in 24th harmonic to Poseidon 20:49 EDT
Venus square Mars 21:20 EDT
Moon contraparallel Sun 21:20 EDT
Heliocentric Mercury semisextile Heliocentric Uranus 21:40 EDT
Heliocentric Mercury semisquare Heliocentric Admetos 22:27 EDT
Moon quincunx True Lunar Node 22:32 EDT
Sun enters Gemini in right ascension 22:58 EDT
Moon trine Vulcanus 23:12 EDT
Moon opposition Admetos 23:44 EDT
Moon semisquare Zeus 23:45 EDT

May 23
Moon parallel Cupido 00:11 EDT
Moon semisextile Apollon 00:25 EDT
Moon quincunx Hades 00:49 EDT
Moon trine Saturn 00:53 EDT
Void-of-Course Moon 00:53-11:37 EDT
Moon semisextile Pluto 01:02 EDT
Moon semisquare Jupiter 01:48 EDT
Moon contraparallel Vulcanus 02:23 EDT
Moon contraparallel Saturn 02:29 EDT
Heliocentric Mercury opposition Heliocentric Zeus 02:50 EDT
Moon biquintile Kronos 03:44 EDT
Moon in 24th harmonic to Cupido 04:33 EDT
Zeus sesquiquadrate Admetos 04:57 EDT
Mercury biquintile Pluto in right ascension 05:55 EDT
Moon contraparallel Hades 06:14 EDT
Venus in 24th harmonic to Kronos 07:15 EDT
Moon biquintile True Lunar Node 08:39 EDT
Heliocentric Mercury trine Heliocentric Cupido 11:33 EDT
Moon crossing Universal Clock 24 Line 11:37 EDT
Moon enters Sagittarius 11:37 EDT
Moon contraparallel Venus 11:57 EDT
Moon contraparallel Kronos 13:05 EDT
Mercury sextile Mars in right ascension 13:08 EDT
Moon quincunx Kronos 13:51 EDT
Heliocentric Venus trine Heliocentric Poseidon 13:54 EDT
Heliocentric Mercury quintile Heliocentric Chiron 15:14 EDT
Heliocentric Earth semisquare Heliocentric Jupiter 15:34 EDT
Heliocentric Mars quincunx Heliocentric Kronos 15:37 EDT
Full Moon 16:17 EDT
Moon sextile Chiron 16:55 EDT
Heliocentric Mercury quintile Heliocentric Hades 18:17 EDT
Saturn quincunx Pluto 18:47 EDT
Moon quintile Neptune 20:59 EDT
Moon semisextile Poseidon 22:04 EDT
Moon sesquiquadrate True Lunar Node 23:38 EDT

May 24
Moon sesquiquadrate Vulcanus 00:25 EDT
Moon sextile Zeus 00:56 EDT
Sun trine Chiron 01:28 EDT
Moon semisquare Apollon 01:35 EDT
Moon in 24th harmonic to Pluto 02:10 EDT
Moon sesquiquadrate Saturn 02:14 EDT
Moon sextile Jupiter 02:53 EDT
Heliocentric Mercury quintile Heliocentric Mars 03:46 EDT
Moon square Uranus 05:16 EDT
Moon conjunct Cupido 05:37 EDT
Heliocentric Venus trine Heliocentric Uranus 06:55 EDT
Venus trine Neptune 08:11 EDT
Heliocentric Venus semisquare Heliocentric Admetos 09:10 EDT
Mars semisquare Chiron in right ascension 09:45 EDT
Sun semisextile Kronos in right ascension 09:56 EDT
Heliocentric Mercury sextile Heliocentric Neptune 11:30 EDT
Mercury semisextile True Lunar Node 11:30 EDT
Mercury square Neptune in right ascension 12:29 EDT
Saturn parallel Vulcanus 12:55 EDT
Heliocentric Venus in 24th Harmonic to Heliocentric Vulcanus 14:52 EDT
Moon biquintile Vulcanus 15:20 EDT
Moon square Mars 16:01 EDT
Heliocentric Earth quintile Heliocentric Neptune 16:13 EDT
Mercury quintile Uranus 16:46 EDT
Moon sextile Neptune 16:51 EDT
Moon biquintile Saturn 17:12 EDT
Venus parallel Kronos 17:17 EDT
Moon opposition Venus 17:39 EDT
Moon semisquare Chiron 17:45 EDT
Mercury sextile Vulcanus 17:50 EDT
Venus sesquiquadrate Chiron 18:44 EDT
Mercury conjunct Admetos in right ascension 18:47 EDT
Moon quintile Zeus 20:45 EDT
Heliocentric Mercury opposition Heliocentric Jupiter 21:02 EDT
Mercury sesquiquadrate Zeus 21:19 EDT
Mercury conjunct Admetos 21:45 EDT
Moon quintile Jupiter 22:38 EDT
Heliocentric Venus square Heliocentric Zeus 22:46 EDT
Moon semisquare Poseidon 22:50 EDT

May 25
Moon trine True Lunar Node 00:13 EDT
Mars biquintile Apollon 01:02 EDT
Moon quincunx Vulcanus 01:11 EDT
Moon quincunx Admetos 01:44 EDT
Mercury quincunx Apollon 01:57 EDT
Moon sextile Apollon 02:18 EDT
Moon quincunx Mercury 02:22 EDT
Heliocentric Venus in 24th Harmonic to Heliocentric Hades 02:42 EDT
Moon opposition Hades 02:47 EDT
Moon conjunct Pluto 02:51 EDT
Void-of-Course Moon 02:51-13:10 EDT
Heliocentric Earth sesquiquadrate Heliocentric Mercury 03:02 EDT
Moon quincunx Saturn 03:07 EDT
Moon crossing Universal Clock 24 Line 03:21 EDT
Mercury semisextile Hades 05:29 EDT
Heliocentric Mercury quintile Heliocentric Kronos 05:42 EDT
Mercury quincunx Pluto 05:49 EDT
Moon in 24th harmonic to Cupido 06:15 EDT
Mercury quincunx Apollon in right ascension 06:47 EDT
Mercury sextile Saturn 08:02 EDT
Mars semisextile Neptune 08:59 EDT
Mercury sesquiquadrate Jupiter 10:43 EDT
Moon quintile Uranus 10:52 EDT
Moon biquintile Admetos 11:33 EDT
Heliocentric Venus biquintile Heliocentric Neptune 13:10 EDT
Moon enters Capricorn 13:10 EDT
Moon biquintile Mercury 13:45 EDT
Moon opposition Kronos 15:23 EDT
Moon semisquare Neptune 17:24 EDT
Moon semisextile Chiron 18:15 EDT
Heliocentric Mercury semisquare Heliocentric Uranus 18:52 EDT
Heliocentric Mercury semisextile Heliocentric Admetos 19:29 EDT
Mercury opposition 5/16/2003 Lunar Eclipse Point 19:51 EDT
Heliocentric Mercury trine Heliocentric Pluto 20:20 EDT
Mercury square 10/28/2004 Lunar Eclipse Antiscion 20:49 EDT
Sun contraparallel Cupido 21:04 EDT
Pluto opposition Hades 21:07 EDT
Moon quincunx Sun 21:09 EDT
Heliocentric Mercury square Heliocentric Vulcanus 21:10 EDT
Moon quintile Apollon 21:54 EDT
Moon quintile Mars 22:58 EDT
Moon sextile Poseidon 23:20 EDT

May 26
Heliocentric Mercury opposition Heliocentric Apollon 00:01 EDT
Heliocentric Mercury sextile Heliocentric Hades 00:40 EDT
Mercury semisextile Hades in right ascension 00:58 EDT
Venus square 10/03/2005 Solar Eclipse Antiscion 01:01 EDT
Heliocentric Venus quincunx Heliocentric Cupido 01:50 EDT
Moon square Zeus 02:09 EDT
Moon sesquiquadrate Admetos 02:15 EDT
Mars semisquare Chiron 02:20 EDT
Moon in 24th harmonic to Pluto 03:18 EDT
Moon square Jupiter 03:58 EDT
Mercury quincunx Pluto in right ascension 04:56 EDT
Moon sextile Uranus 06:28 EDT
Moon semisextile Cupido 06:41 EDT
Moon sesquiquadrate Mercury 06:49 EDT
Mercury parallel Admetos 07:16 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Cupido 07:31 EDT
Moon biquintile Sun 07:37 EDT
Mars semisextile Neptune in right ascension 09:48 EDT
Sun trine Chiron in right ascension 14:42 EDT
Mercury quintile Uranus in right ascension 15:16 EDT
Mercury sextile Vulcanus in right ascension 16:26 EDT
Heliocentric Mercury quintile Heliocentric Neptune 16:50 EDT
Moon semisextile Neptune 17:51 EDT
Moon crossing Universal Clock 24 Line 18:31 EDT
Moon in 24th harmonic to Chiron 18:40 EDT
Moon quintile Poseidon 18:53 EDT
Heliocentric Earth biquintile Heliocentric Venus 19:29 EDT
Moon sextile Mars 19:32 EDT
Heliocentric Mercury square Heliocentric Saturn 21:20 EDT
Sun quincunx Poseidon in right ascension 22:48 EDT
Moon quincunx Venus 23:07 EDT
Moon sesquiquadrate Sun 23:20 EDT

May 27
Heliocentric Mercury square Heliocentric Chiron 00:04 EDT
Moon square True Lunar Node 00:51 EDT
Venus trine Neptune in right ascension 01:18 EDT
Moon opposition Vulcanus 02:11 EDT
Heliocentric Mercury enters Taurus 02:27 EDT
Moon trine Admetos 02:45 EDT
Heliocentric Earth biquintile Heliocentric Mercury 02:49 EDT
Moon square Apollon 03:15 EDT
Moon semisextile Pluto 03:44 EDT
Moon quincunx Hades 03:49 EDT
Heliocentric Mercury quintile Heliocentric Venus 04:01 EDT
Moon opposition Saturn 04:25 EDT
Mars sextile Admetos in right ascension 06:13 EDT
Sun quincunx Poseidon 06:15 EDT
Moon semisquare Uranus 06:59 EDT
Moon semisquare Cupido 07:08 EDT
Venus sesquiquadrate Poseidon 07:10 EDT
Mercury sextile Saturn in right ascension 09:35 EDT
Moon biquintile Venus 09:49 EDT
Heliocentric Mercury sextile Heliocentric Kronos 10:01 EDT
Sun in 24th harmonic to Venus 10:30 EDT
Moon trine Mercury 11:22 EDT
Void-of-Course Moon 11:22-14:09 EDT
Venus semisextile Admetos in right ascension 11:36 EDT
Moon biquintile Hades 13:40 EDT
Moon enters Aquarius 14:09 EDT
Heliocentric Earth semisextile Heliocentric Poseidon 14:49 EDT
Moon quincunx Kronos 16:26 EDT
Venus square Mars in right ascension 16:49 EDT
Moon in 24th harmonic to Neptune 18:24 EDT
Venus sextile True Lunar Node 18:48 EDT
Moon conjunct Chiron 19:13 EDT
Heliocentric Mercury square Heliocentric Mars 20:55 EDT
Sun semisquare True Lunar Node 20:57 EDT
Moon semisquare Mars 21:23 EDT
Heliocentric Mercury biquintile Heliocentric Cupido 21:55 EDT
Moon contraparallel Venus 22:09 EDT
Mercury biquintile Apollon 23:09 EDT

May 28
Moon square Poseidon 00:24 EDT
Moon contraparallel Kronos 00:40 EDT
Moon trine Sun 01:41 EDT
Heliocentric Venus in 24th Harmonic to Heliocentric Saturn 01:56 EDT
Moon sesquiquadrate Venus 01:59 EDT
Moon biquintile Kronos 02:20 EDT
Sun parallel Saturn 03:01 EDT
Moon trine Zeus 03:15 EDT
Mercury biquintile Apollon in right ascension 03:20 EDT
Moon semisquare Pluto 04:21 EDT
Moon sesquiquadrate Hades 04:31 EDT
Venus trine Apollon in right ascension 04:36 EDT
Moon trine Jupiter 05:02 EDT
Heliocentric Mercury opposition Heliocentric Poseidon 06:05 EDT
Moon quintile True Lunar Node 06:17 EDT
Mercury enters Gemini 06:43 EDT
Moon contraparallel Hades 07:21 EDT
Moon semisextile Uranus 07:42 EDT
Moon sextile Cupido 07:48 EDT
Mercury square 4/19/2004 Solar Eclipse Antiscion 08:47 EDT
Heliocentric Earth quincunx Heliocentric Mercury 09:08 EDT
Moon crossing Universal Clock 24 Line 09:58 EDT
Sun parallel Vulcanus 10:48 EDT
Heliocentric Mercury sextile Heliocentric Uranus 11:02 EDT
Moon contraparallel Sun 11:14 EDT
Moon contraparallel Vulcanus 11:15 EDT
Heliocentric Mercury in 24th Harmonic to Heliocentric Admetos 11:30 EDT
Moon contraparallel Saturn 11:32 EDT
Venus semisextile Vulcanus 12:20 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Pluto 12:21 EDT
Moon parallel Cupido 13:29 EDT
Heliocentric Mercury quincunx Heliocentric Zeus 15:16 EDT
Mars quincunx Apollon in right ascension 16:20 EDT
Heliocentric Mercury semisquare Heliocentric Hades 16:21 EDT
Moon sesquiquadrate Kronos 17:17 EDT
Saturn square 10/17/2005 Lunar Eclipse Point 17:58 EDT
Moon contraparallel Mercury 18:33 EDT
Venus semisextile Admetos 19:11 EDT
Moon conjunct Neptune 19:15 EDT
Sun semisquare Vulcanus 19:33 EDT
Moon in 24th harmonic to Chiron 20:02 EDT
Heliocentric Earth square Heliocentric Uranus 20:37 EDT
Mercury opposition 11/13/2003 Solar Eclipse Point 20:37 EDT
Mercury semisextile Kronos 22:38 EDT
Heliocentric Mercury quincunx Heliocentric Cupido 22:44 EDT
Moon semisextile Mars 23:35 EDT

May 29
Venus trine Apollon 00:22 EDT
Sun trine Zeus 01:11 EDT
Heliocentric Mercury quintile Heliocentric Vulcanus 01:19 EDT
Moon contraparallel Admetos 01:44 EDT
Moon sextile True Lunar Node 02:14 EDT
Moon quintile Cupido 03:48 EDT
Moon quincunx Vulcanus 03:51 EDT
Moon sesquiquadrate Zeus 04:14 EDT
Sun in 24th harmonic to Admetos 04:21 EDT
Moon square Admetos 04:26 EDT
Heliocentric Earth in 24th Harmonic to Heliocentric Pluto 04:37 EDT
Moon trine Apollon 04:52 EDT
Moon trine Venus 05:18 EDT
Void-of-Course Moon 05:18-16:09 EDT
Moon sextile Pluto 05:19 EDT
Venus opposition Pluto 05:31 EDT
Moon trine Hades 05:34 EDT
Mercury enters Gemini in right ascension 05:52 EDT
Moon sesquiquadrate Jupiter 06:01 EDT
Heliocentric Venus quincunx Heliocentric Neptune 06:24 EDT
Moon quincunx Saturn 06:28 EDT
Venus conjunct Hades 08:33 EDT
Moon in 24th harmonic to Uranus 08:48 EDT
Heliocentric Earth sesquiquadrate Heliocentric Vulcanus 08:58 EDT
Venus conjunct Hades in right ascension 10:13 EDT
Sun sesquiquadrate Apollon 10:45 EDT
Mercury quintile Mars 10:53 EDT
Venus opposition Pluto in right ascension 13:28 EDT
Moon biquintile Vulcanus 13:59 EDT
Moon parallel Neptune 14:16 EDT
Heliocentric Mercury biquintile Heliocentric Zeus 15:41 EDT
Moon enters Pisces 16:09 EDT
Moon biquintile Saturn 16:41 EDT
Mercury trine Chiron 16:47 EDT
Moon parallel Pluto 17:14 EDT
Moon trine Kronos 18:34 EDT
Heliocentric Venus biquintile Heliocentric Cupido 18:57 EDT
Moon biquintile Zeus 19:26 EDT
Heliocentric Mercury square Heliocentric Neptune 19:37 EDT
Venus semisextile Saturn 20:02 EDT
Moon in 24th harmonic to Neptune 20:32 EDT
Moon biquintile Jupiter 21:14 EDT
Heliocentric Venus in 24th Harmonic to Heliocentric Kronos 21:18 EDT
Moon semisextile Chiron 21:18 EDT
Sun in 24th harmonic to Hades 21:34 EDT
Moon square Mercury 22:07 EDT
Heliocentric Earth sextile Heliocentric Zeus 22:25 EDT
Mercury semisextile Kronos in right ascension 22:46 EDT
Moon parallel Poseidon 22:51 EDT
Heliocentric Mercury semisquare Heliocentric Kronos 23:38 EDT

*****


STOCKS TO WATCH: CPSI, FRNT, MVL, PHLY.

Computer Programs and Systems (CPSI)
NASDAQ
First Trade Date: 05/20/2002; 09:30 a.m.
Trading Strategy: This stock gapped up dramatically a few weeks ago and has been busy since then establishing a new trading range. Saturn is getting ready to cross the CPSI First-Trade Ascendant, however, just as transiting Venus is conjoining First-Trade Saturn and the transiting True Lunar South Node conjoins First-Trade Apollon. We're not sure that the enthusiasm for this stock will wear off immediately, but we feel confident enough that CPSI is heading for a correction that we plan to sell it short. We'll do so early in this trading week, setting our initial buy stop at 35.75.


Frontier Airlines Inc. (FRNT)
NASDAQ; optionable
First Trade Date: 05/20/1994; 09:30 a.m.
Trading Strategy: Here's another stock with Saturn currently transiting the First-Trade Ascendant. With FRNT, however, the overall situation looks positive, mainly because FRNT is trying to penetrate a resistance zone set near the end of last year. In addition to Saturn's current action, FRNT is also currently experiencing transiting Uranus conjoining First-Trade Saturn, along with transiting Poseidon conjoining First-Trade Jupiter. With that in mind, we'll be entering a long position in FRNT early this week; we'll set our initial stop at 10.25.


Marvel Enterprises Inc. (MVL)
NYSE; optionable
First Trade Date: 02/23/1995; 09:30 a.m.
Trading Strategy: Spiderman and company have apparently got a good thing going on, as this stock attests. Transiting Saturn is getting ready to cross the MVL First-Trade IC, setting the stage for future growth that could be even more rapid and more solid than the expansion the company has already seen. The kicker is transiting Jupiter, getting ready to make a direct station in an exact trine to the MVL First-Trade Mercury, with transiting Pluto forming a semi-square to the First-Trade True Lunar Node. Our plan is thus to add a long position in MVL to the Model Portfolio this week, with an initial stop set at 18.25.


Philadelphia Consolidated Holding Company (PHLY)
NASDAQ
First Trade Date: 09/17/1993; 09:30 a.m.
Trading Strategy: This stock is getting a lot of action right now. Transiting Apollon is conjunct First-Trade Mars, transiting Jupiter is conjoining First-Trade Mercury and transiting Pluto is forming a square to the First-Trade Sun and a sextile to First-Trade Saturn. This looks like a solid opportunity, and with PHLY breaking out of its trading range to the upside this looks like a good time to enter the trade. Our plan is to add a long position around the middle of the week; we'll set our initial stop at 74.00.

*****


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 2005 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.

*****
posted by Tim Bost @ 5/22/2005 03:34:00 AM