FinancialCyclesWeekly.com #0527 -- July 3-9, 02005 with Tim Bost


COMMENT: We are pleased to see that our recent comments on the real estate bubble, which appeared in last week's issue of this newsletter, have been quoted in the current (July 4) issue of Barron's. While that prestigious review of market trends and investment opinion has cited our publication on several occasions in the past, it has been about nine months since we last appeared in its pages.


As always, we are grateful to get such favorable attention. What pleases us the most, however, is the fact that financial astrology is currently being given more and more of the credit and recognition it deserves. It's a powerful tool for forecasting market trends and for identifying investment opportunities, and we're glad that it is beginning to reach a wider audience. Along the way, we're also proud to be able to provide important insights to our subscribers, who get to profit from them at least a week earlier than that wider audience.


WATCH THE MONEY

The point of the comment that Barron's cited was that shifting trends in the median price of home sales can provide an early indicator of impending weakness in the real estate bubble. As the average starts to dip lower, it becomes increasingly apparent that the bubble won't last forever.


What's even more interesting, however, is the fact that even as the median price has been declining, a new record has been set for the sale of a single residential property in the U.S. About two weeks ago, a 40-acre estate in the Hamptons, the Long Island retreat favored by New York's glitterati, was sold for a cool $90 million, shattering the previous $70 million record for the sale of a residence.


The three-bedroom, three-bath farmhouse, owned by Schlumberger oil heiress Adelaide de Menil Carpenter, was purchased by a Swedish industrialist who has rented the property for the past few summers. The estate also features two guest houses, a two-bedroom caretaker's house, a man-made fishing pond, a lap pool, a few acres of tillable farmland, and a private beachfront.


The previous record for a home sale in the Hamptons was set in 2000, when Jerry Seinfeld paid $32 million for singer Billy Joel's mansion. The $70 million residence, in Palm Beach, Florida, was purchased by billionaire Ronald Perelman last year.


The new record price is especially significant because it means that in order for the average price of a home sale to be declining, more homes are selling for even lower prices to compensate for the huge sums being paid for the high-end homes. The low-end properties aren't increasing in value at all, and the would-be sellers in the mid-range residential market are getting squeezed.


SATURN MOVE HITS GOLD PRICES

Last week we noted that Saturn was moving into Leo, both heliocentrically and by right ascension, even though the planet's geocentric ingress into the sign won't come until July 16. We commented that "we wouldn't be surprised to see some of the effects of this ingress, especially in precious metals, showing up right now."


As it turned out, the Saturn ingress in right ascension did in fact make quite an impact on precious metals, particularly on gold. The yellow metal dropped by $12 an ounce from its high on Thursday to its low on Friday this past week, immediately after Saturn's ingresses heliocentrically and by right ascension.



THE BULL IN THE CHINA PROPAGANDA

We've noticed increasing attention being paid in the media to the ever-more-dominant role that China is playing in the world economy, especially with regard to the U.S. trade deficit. More often than not, China is being portrayed as a threatening presence on the global stage, looking for evil ways to devastate the American way of life by gobbling up the planet's raw materials and crushing the U.S. currency.


While that perspective may make for sensational headlines, it isn't necessarily accurate. In fact, it contains an ample supply of bovine excrement.


China certainly has a much longer-range perspective than the U.S. does; it is a nation that is used to thinking in terms of centuries, while for most Americans long-range planning involves thinking about what snack to grab during the next commercial break on television. The U.S. deficit with China, however, is not just the result of Chinese foresight or competitiveness. It's really about the short-sightedness and lack of competitiveness that now characterizes the United States.

It's good to remember that while China enjoys a trade surplus with the U.S., it is facing increasing trade deficits with the rest of the world, particularly with its Asian trading partners. A currency reevaluation by the Chinese would risk destabilizing that situation even farther.

In other words, the U.S. trade deficit is really an American problem, and not the result of a dastardly foreign threat. Americans have an incredibly low savings rate, and the numbers have been spiraling down as the U.S. budget deficit continues to grow. Increasing foreign financing is letting the U.S. government pump up its expenditures to historically high levels, while American consumers are spending instead of saving, racking up more and more personal debt as they do so.

Unfortunately, this is a situation that could get much worse before it gets better. Right now we are seeing an increase in the U.S. trade deficit because more and more goods are being imported to entertain U.S. consumers. But what will happen when the U.S. deficit increases because the country is borrowing money from foreign sources in order to service the debt (pay the interest) it owes to foreign investors? A service account deficit could have much more serious long-term implications.

KEEPING TRACK OF CONGRESS
It currently costs U.S. taxpayers about $100 million a year to pay for the Congressional Research Service, the in-house think tank that creates reports for members of Congress on various topics related to current economic and political developments. Ironically, though, these expensive reports have not been made easily available to U.S. citizens, even though they are in the public domain and are often essential for a clear understanding of the development of public policy.

Now, however, thanks to the cooperation of several organizations including the Center for Democracy and Technology, the Federation of American Scientists, the National Council on Science and the Environment, the IP Mall at the Franklin Pierce Law Center, the National Memorial Institute for the Prevention of Terrorism, and the Thurgood Marshall Law Library at the University of Maryland School of Law, that situation has changed. The groups have pooled the documents in their possession and made them all available for free on a new website, www.opencrs.com. There you'll find background information on gasoline prices, veterans' issues, identity theft, social security, HIV/AIDS programs, energy policy, U.S. trade agreements, and much, much more.

COMING SOON TO AN IN-BOX FOR YOU
As we mentioned last week, we are now getting ready to launch two new monthly services for our readers. Both will be available soon as free e-zines, sent directly to your email inbox. These optional services will be available by request.


The GANN PLAN ASTRO-TRADING LETTER will present tips and tidbits on the kind of trading approach that made the legendary trader W.D. Gann so successful, with a particular emphasis on the astrological and spiritual dynamics in his work and on ways to use Gann's work for innovative trading strategies today.


In PRACTICAL SPIRITUAL ASTROLOGY the emphasis will be on monthly strategies for working with astrological cycles to enhance personal and spiritual development. Like the GANN PLAN ASTRO-TRADING LETTER, it will be a brief, easy-to-read email communication arriving monthly.


Subscriptions to either e-zine, or to both of them, are absolutely free. To subscribe, log on to www.TimBost.com and select "NEWSLETTERS," then enter your contact information and newsletter preferences. You'll get an automated reply e-mail sent to the address you enter. Just respond to verify, and your subscription will begin when the first issues are published during the next few weeks!

*****


THE WEEK AHEAD

This will be a short trading week thanks to the Independence Day holiday, but there will still be a few earnings reports we will be watching for, including ADE Corporation (ADEX), Acuity Brands, Inc. (AYI), Cutter and Buck (CBUK), A. Schulman (SHLM), America's Car-Mart, Inc. (CRMT), Capstone Turbine (CPST), Pepsi Bottling Group (PBG), ALCOA Inc. (AA), GenCorp Inc. (GY), Laidlaw International, Inc. (LI), and Accenture (ACN).


The economic calendar for the week includes word on Factory Orders, the ISM Non-Manufacturing Survey, Chain Store Sales, Jobless Claims, Consumer Credit, Nonfarm Payrolls, Average Workweek, Average Hourly Earnings, Unemployment Rate, and Wholesale Trade.


Astrologically this week brings the continuing impact of the multi-phase Saturn ingress, amplified through the focal point of Wednesday's New Moon. Wednesday is also a day with beneficial aspects to the money planet Venus, plus two eclipse activations and a Venus/Uranus dynamic that adds to the likelihood of a positive trading day. On Thursday a void-of-course Moon in the afternoon will give us cause to step aside from the trading action for a couple of hours. On Friday the transneptunian planet Apollon will make a direct station, opening up new possibilities for expansion in the markets.


In short, we anticipate a fairly positive week for stock market action, even though the shortened trading week and the season's natural inclination toward decreased trading volume will both tend to soften the extent of the price run-up that come sliding into our hands.


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.


When we make conscious choices to improve our material well-being, we are actually planting the seeds of our future spiritual growth. Even a small amount that is set aside in a savings account or that is given freely to aid another can awaken within us the precious remembrance that we can trust the Divine Plan to nurture us as we move ever more steadily toward higher possibilities in our lives.


"While there is a chance of the world getting through its troubles, I hold that a reasonable man has to behave as though he were sure of it. If at the end your cheerfulness is not justified, at any rate you will have been cheerful." - H.G. Wells

*****


GLOBAL EQUITIES MARKETS LAST WEEK

It was essentially a tough week for stock markets around the world, but share prices in Europe and the U.S. managed to reverse direction and post modest gains for the week. In Asia it was a different story, however, with Hong Kong and Singapore giving up some of their recent gains and losing ground for the week.

Dow Jones Industrial Average -- up 0.05%
Dow Jones Transportation Average -- up 2.86%
Dow Jones Utilities Average -- up 2.54%
S+P 500 -- up 0.24%
NASDAQ Composite Index -- up 0.20%
Russell 2000 -- up 2.00%
London FTSE-100 -- up 1.61%
Paris CAC-40 -- up 1.66%
Frankfurt DAX -- up 1.11%
Sydney All Ordinaries -- up 0.48%
Tokyo Nikkei Index -- up 0.81%
Hong Kong Hang Seng Index -- down 0.21%
Singapore Straits Times Index -- down 0.62%

*****


U.S. EQUITY TRENDS

S+P 500 -- Long-Term Bearish; Intermediate-Term Bearish; Short-Term Bullish

NASDAQ -- Long-Term Bearish; Intermediate-Term Bullish; Short-Term Bullish

RUSSELL 2000 -- Long-Term Bullish; Intermediate-Term Bearish; Short-Term Bullish

*****


FINANCIAL CYCLES MODEL PORTFOLIO


POSITIONS CLOSED DURING THE PREVIOUS WEEK: SRZ, JEC, BTU, UBB, HIG, LNY.

We closed three Model Portfolio positions during the past week, with one winner and two losers producing a net loss of $646.00.

On June 27 we sold 300 shares of American Eagle Outfitters (AEOS) at 30.10, taking a loss of $399.00 (a 4.23% loss in 3 trading days).

On July 1 we sold 100 shares of Meritage Homes Corporation (MTH) at 78.00, taking a loss of $397.00 (a 4.84% loss in 7 trading days).

On July 1 we sold 1,000 shares of Parallel Petroleum Corporation (PLLL) at 8.74, taking a profit of $150.00 (a 1.75% gain in 9 trading days).

*****


POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: CPWR, PLNR, CYD.

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

We bought 1,500 shares of Compuware Corporation (CPWR) at 6.72 on 06/27/05, setting our initial stop at 6.29.

We bought 1,200 shares of Planar Systems Inc. (PLNR) at 7.46 on 06/27/05, setting our initial stop at 7.05.

We bought 800 shares of China Yuchai International Ltd. (CYD) at 12.00 on 06/28/05, setting our initial stop at 11.00.

****


YEAR-IN-REVIEW MODEL PORTFOLIO ACTIVITY

So far this year we have had a total of 108 completed trades, with 39 winners and 69 losers bringing us a total net profit of $3,793.00. The largest profit for a single trade has been $2,875.00, with our winners averaging $583.23; the largest single-trade loss has been $956.00, with our losers averaging $304.70. The overall average profit per trade has been $35.12, and the mean duration of our trades has been 10.1 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

China Yuchai International Ltd. (CYD) -- bought 800 shares at 12.00 on 06/28/05; currently 12.24. Raise stop to 11.63.

Compuware Corporation (CPWR) -- bought 1,500 shares at 6.72 on 06/27/05; currently 7.20. Raise stop to 6.95.

Giant Industries, Inc. (GI) -- bought 400 shares at 29.94 on 06/07/05; currently 37.05. Raise stop to 34.25.

Planar Systems Inc. (PLNR) -- bought 1,200 shares at 7.46 on 06/27/05; currently 7.53. Raise stop to 7.17.

Pride International Inc. (PDE) -- bought 500 shares at 23.76 on 06/13/05; currently 25.49. Raise stop to 24.75.

Pulte Homes Inc. (PHM) -- bought 100 shares at 83.52 on 06/20/05; currently 84.50. Raise stop to 81.35.

Tenaris S.A. (TS) -- bought 200 shares at 75.33 on 06/20/05; currently 78.50. Raise stop to 77.65.

*****

STRONGEST MARKET SECTORS LAST WEEK

Catalog and Mail Order Houses; Recreational Goods; Mid-Atlantic Regional Banks; Regional Investment Brokerages; Trucking.

*****

WEAKEST MARKET SECTORS LAST WEEK

Dairy Products; Memory Chips; Multimedia and Graphics Software; Internet Information Providers; Semiconductor Equipment and Materials.

*****


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

July 3
Venus square Poseidon 00:10 EDT
Moon semisquare True Lunar Node 00:42 EDT
Mars quintile Chiron in right ascension 00:43 EDT
Mercury quintile Apollon in right ascension 01:57 EDT
Sun trine Uranus in right ascension 02:26 EDT
Moon quincunx Poseidon 04:00 EDT
Moon sextile Venus 04:25 EDT
Venus semisquare Hades in right ascension 04:59 EDT
Moon sextile Mercury 06:01 EDT
Moon trine Zeus 07:41 EDT
Moon semisquare Vulcanus 08:12 EDT
Moon sesquiquadrate Apollon 08:12 EDT
Moon in 24th harmonic to Admetos 08:54 EDT
Heliocentric Mercury in 24th Harmonic to Heliocentric Jupiter 08:55 EDT
Mercury sextile Jupiter in right ascension 09:08 EDT
Chiron quincunx Kronos in right ascension 10:29 EDT
Moon in 24th harmonic to Hades 10:48 EDT
Moon opposition Cupido 11:49 EDT
Moon trine Jupiter 12:00 EDT
Moon square Uranus 13:02 EDT
Venus quintile Apollon in right ascension 12:21 EDT
Apollon square Vulcanus 14:03 EDT
Heliocentric Mercury conjunct Heliocentric Poseidon 14:59 EDT
Moon semisextile Sun 15:37 EDT
Moon biquintile Poseidon 15:40 EDT
Moon crossing Universal Clock 24 Line 15:42 EDT
Moon semisquare Saturn 18:25 EDT
Mercury sesquiquadrate Pluto 18:38 EDT
Venus sextile Jupiter in right ascension 19:57 EDT
Moon sextile Mars 21:24 EDT
Mercury sextile Zeus 22:57 EDT
Heliocentric Chiron biquintile Heliocentric Hades 23:57 EDT

July 4
All U.S. Markets Closed for Independence Day Holiday
Heliocentric Venus quintile Heliocentric Kronos 00:32 EDT
Moon sesquiquadrate Chiron 00:41 EDT
Moon in 24th harmonic to Kronos 01:29 EDT
Moon trine Neptune 01:40 EDT
Heliocentric Mercury trine Heliocentric Uranus 02:56 EDT
Heliocentric Mercury semisquare Heliocentric Pluto 04:07 EDT
Mercury in 24th harmonic to Vulcanus 04:28 EDT
True Lunar Node conjunct 4/08/2005 Solar Eclipse Point 04:45 EDT
Sun biquintile Neptune in right ascension 05:19 EDT
Moon sextile True Lunar Node 05:36 EDT
Heliocentric Mercury semisextile Heliocentric Zeus 08:33 EDT
Venus sesquiquadrate Pluto 09:14 EDT
Moon sesquiquadrate Poseidon 09:18 EDT
Heliocentric Mercury in 24th Harmonic to Heliocentric Apollon 09:19 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Hades 10:48 EDT
Mercury parallel Admetos 11:23 EDT
Moon opposition Pluto 12:36 EDT
Void-of-Course Moon begins 12:36 EDT
Moon semisquare Venus 12:59 EDT
Moon trine Apollon 13:35 EDT
Moon semisextile Vulcanus 13:36 EDT
Venus sextile Zeus 13:48 EDT
Moon semisextile Admetos 14:19 EDT
Moon semisquare Mercury 14:34 EDT
Moon conjunct Hades 16:16 EDT
Moon biquintile Chiron 18:18 EDT
Venus in 24th harmonic to Vulcanus 19:22 EDT
Heliocentric Venus sesquiquadrate Heliocentric Chiron 20:07 EDT
Heliocentric Venus semisquare Heliocentric Saturn 21:15 EDT
Moon quintile Mars 22:21 EDT
Heliocentric Mercury semisextile Heliocentric Cupido 23:29 EDT
Moon in 24th harmonic to Sun 23:36 EDT

July 5
Moon semisextile Saturn 00:15 EDT
Sun biquintile Cupido in right ascension 02:28 EDT
Moon enters Cancer 03:07 EDT
Void-of-Course Moon ends 03:07 EDT
Moon quintile True Lunar Node 04:55 EDT
Heliocentric Earth semisquare Heliocentric Mars 05:31 EDT
Moon quincunx Chiron 06:08 EDT
Moon conjunct Kronos 07:07 EDT
Moon sesquiquadrate Neptune 07:13 EDT
Heliocentric Venus quincunx Heliocentric Neptune 08:19 EDT
Mercury semisquare Hades 08:50 EDT
Sun in 24th harmonic to Saturn 08:57 EDT
Saturn biquintile Pluto 14:23 EDT
Moon trine Poseidon 14:59 EDT
Moon crossing Universal Clock 24 Line 15:02 EDT
Mercury quincunx Uranus in right ascension 15:46 EDT
Mercury trine Cupido 18:13 EDT
Moon square Zeus 18:48 EDT
Moon in 24th harmonic to Vulcanus 19:23 EDT
Heliocentric Pluto quincunx Heliocentric Vulcanus 09:42 EDT
Moon semisquare Admetos 20:05 EDT
Venus quincunx Uranus in right ascension 21:30 EDT
Moon semisextile Venus 22:03 EDT
Moon in 24th harmonic to Hades 22:05 EDT
Venus semisquare Hades 22:30 EDT
Moon quincunx Cupido 22:56 EDT
Moon semisextile Mercury 23:25 EDT
Moon square Jupiter 23:38 EDT

July 6
Moon trine Uranus 00:11 EDT
Moon biquintile Neptune 01:07 EDT
Mercury sextile Jupiter 01:53 EDT
Jupiter conjunct 10/03/2005 Solar Eclipse Point 01:55 EDT
Heliocentric Earth sextile Heliocentric Mercury 04:25 EDT
Moon in 24th harmonic to Saturn 06:25 EDT
Venus trine Cupido 06:48 EDT
Mercury quincunx Uranus 07:44 EDT
New Moon 08:02 EDT
Moon biquintile Cupido 10:55 EDT
Moon square Mars 12:17 EDT
Moon in 24th harmonic to Kronos 13:06 EDT
Moon quincunx Neptune 13:06 EDT
Heliocentric Mars biquintile Heliocentric Vulcanus 13:34 EDT
Neptune sesquiquadrate Kronos 13:58 EDT
Venus sextile Jupiter 14:52 EDT
Moon square True Lunar Node 16:11 EDT
Saturn opposition 11/23/2003 Solar Eclipse Antiscion 17:11 EDT
Heliocentric Mercury square Heliocentric Neptune 17:38 EDT
Venus quincunx Uranus 19:02 EDT
Mercury quintile Apollon 20:23 EDT

July 7
Moon quincunx Pluto 00:15 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 00:34 EDT
Moon square Apollon 01:22 EDT
Moon conjunct Vulcanus 01:28 EDT
Heliocentric Earth in 24th Harmonic to Chiron 01:32 EDT
Moon sextile Admetos 02:10 EDT
Mars sextile Neptune 02:59 EDT
Moon semisextile Hades 04:13 EDT
Mercury conjunct Venus in right ascension 04:21 EDT
Moon sesquiquadrate Cupido 04:59 EDT
Moon sesquiquadrate Uranus 06:14 EDT
Venus quintile Apollon 06:23 EDT
Moon quintile Zeus 06:54 EDT
Moon in 24th harmonic to Venus 07:31 EDT
Moon in 24th harmonic to Mercury 08:28 EDT
Sun square Mars in right ascension 10:11 EDT
Heliocentric Mercury biquintile Heliocentric Hades 11:17 EDT
Heliocentric Mercury quintile Chiron 11:44 EDT
Moon quintile Jupiter 12:02 EDT
Moon biquintile Pluto 12:19 EDT
Moon conjunct Saturn 12:54 EDT
Void-of-Course Moon 12:54-15:11 EDT
Moon crossing Universal Clock 24 Line 15:11 EDT
Moon enters Leo 15:11 EDT
Heliocentric Mars enters Pisces 15:46 EDT
Moon in 24th harmonic to Sun 16:49 EDT
Moon opposition Chiron 17:58 EDT
Moon semisextile Kronos 19:20 EDT
Sun biquintile Cupido 19:43 EDT
Apollon direct station in right ascension 20:50 EDT
Heliocentric Earth semisextile Heliocentric Neptune 21:38 EDT

July 8
Heliocentric Mars semisextile Heliocentric Chiron 00:21 EDT
Moon biquintile Uranus 00:23 EDT
Moon quintile Admetos 02:24 EDT
Moon parallel Kronos 02:42 EDT
Moon square Poseidon 03:14 EDT
Apollon direct station 04:23 EDT
Heliocentric Mars quincunx Heliocentric Saturn 05:43 EDT
Moon sesquiquadrate Pluto 06:28 EDT
Venus parallel Admetos 06:29 EDT
Moon sextile Zeus 07:09 EDT
Moon in 24th harmonic to Vulcanus 07:47 EDT
Moon parallel Sun 09:48 EDT
Moon parallel Hades 10:23 EDT
Moon semisquare Hades 10:34 EDT
Moon trine Cupido 11:14 EDT
Heliocentric Mercury sextile Heliocentric Venus 11:15 EDT
Moon sextile Jupiter 12:29 EDT
Moon quincunx Uranus 12:30 EDT
Heliocentric Mercury semisextile Heliocentric Jupiter 12:35 EDT
Heliocentric Venus semisextile Heliocentric Jupiter 13:41 EDT
Moon quintile Apollon 13:43 EDT
Jupiter quincunx Uranus 14:19 EDT
Heliocentric Mercury in 24th Harmonic to Heliocentric Poseidon 15:57 EDT
Moon parallel Vulcanus 16:10 EDT
Jupiter quintile Pluto 16:37 EDT
Moon conjunct Venus 17:18 EDT
Moon conjunct Mercury 17:35 EDT
Moon contraparallel Cupido 19:02 EDT
Mars conjunct True Lunar Node 19:11 EDT
Moon in 24th harmonic to Saturn 19:34 EDT
Heliocentric Venus semisquare Heliocentric Poseidon 19:34 EDT
Moon parallel Saturn 21:21 EDT
Sun quincunx Neptune 22:17 EDT

July 9
Sun in 24th harmonic to Kronos 00:35 EDT
Heliocentric Venus biquintile Heliocentric Neptune 01:24 EDT
Moon opposition Neptune 01:33 EDT
Moon semisquare Kronos 01:45 EDT
Moon semisextile Sun 01:51 EDT
Heliocentric Mercury opposition Heliocentric Admetos 02:55 EDT
Sun parallel Hades 03:39 EDT
Moon trine True Lunar Node 03:43 EDT
Moon trine Mars 04:21 EDT
Mercury conjunct Venus 05:41 EDT
Heliocentric Mercury trine Heliocentric Vulcanus 06:05 EDT
Heliocentric Mars in 24th Harmonic to Heliocentric Neptune 06:12 EDT
Heliocentric Mercury semisextile Heliocentric Pluto 06:14 EDT
Moon parallel Admetos 08:30 EDT
Venus conjunct 11/09/2003 Lunar Eclipse antiscion 10:37 EDT
Moon parallel Venus 10:42 EDT
Heliocentric Mercury semisquare Heliocentric Zeus 10:49 EDT
Heliocentric Mercury semisextile Heliocentric Apollon 11:37 EDT
Mercury conjunct 11/09/2003 Lunar Eclipse antiscion 12:06 EDT
Moon trine Pluto 12:48 EDT
Void-of-Course Moon begins 12:48 EDT
Heliocentric Mercury quincunx Heliocentric Hades 13:16 EDT
Moon semisquare Zeus 13:34 EDT
Moon sextile Apollon 14:03 EDT
Moon semisextile Vulcanus 14:14 EDT
Moon square Admetos 14:55 EDT
Heliocentric Venus trine Heliocentric Admetos 14:59 EDT
Moon quintile Poseidon 15:42 EDT
Moon crossing Universal Clock 24 Line 15:47 EDT
Moon sextile Hades 17:02 EDT
Venus in 24th harmonic to Saturn 17:56 EDT
Moon semisquare Jupiter 19:08 EDT
Heliocentric Venus sextile Heliocentric Vulcanus 20:35 EDT
Heliocentric Venus square Heliocentric Pluto 20:54 EDT
Venus semisquare Kronos in right ascension 21:13 EDT
Moon parallel Mercury 21:55 EDT
Sun square True Lunar Node 21:59 EDT
Mercury in 24th harmonic to Saturn 22:29 EDT
Sun quincunx Neptune in right ascension 22:45 EDT
Moon contraparallel Neptune 23:14 EDT

July 10
Moon semisextile Saturn 02:19 EDT
Moon in 24th harmonic to Mercury 02:35 EDT
Heliocentric Mercury in 24th Harmonic to Heliocentric Cupido 02:50 EDT
Moon in 24th harmonic to Venus 03:10 EDT
Heliocentric Mercury biquintile Heliocentric Kronos 03:31 EDT
Moon contraparallel Pluto 03:34 EDT
Moon enters Virgo 03:57 EDT
Void-of-Course Moon ends 03:57 EDT
Jupiter quintile Pluto in right ascension 04:33 EDT
Venus square 5/04/2004 Solar Eclipse Point 04:48 EDT
Heliocentric Venus in 24th Harmonic to Heliocentric Zeus 04:59 EDT
Heliocentric Venus semisextile Heliocentric Apollon 06:23 EDT
Moon quincunx Chiron 06:28 EDT
Mars conjunct 4/08/2005 Solar Eclipse Point 07:56 EDT
Moon sextile Kronos 08:12 EDT
Heliocentric Venus square Heliocentric Hades 09:18 EDT
Moon sesquiquadrate True Lunar Node 09:45 EDT
Moon contraparallel Poseidon 10:51 EDT
Moon semisquare Sun 10:55 EDT
Mercury contraparallel Neptune 11:33 EDT
Moon sesquiquadrate Mars 12:29 EDT
Mercury square 5/04/2004 Solar Eclipse Point 12:40 EDT
Heliocentric Mars trine Heliocentric Kronos 13:56 EDT
Moon contraparallel Chiron 15:18 EDT
Heliocentric Earth quintile Heliocentric Poseidon 15:28 EDT
Moon sextile Poseidon 16:00 EDT
Venus opposition 5/04/2004 Lunar Eclipse Point 16:42 EDT
Moon quintile Hades 17:22 EDT
Moon biquintile Chiron 18:33 EDT
Moon semisextile Zeus 19:57 EDT
Moon semisquare Apollon 20:25 EDT
Moon semisquare Vulcanus 20:38 EDT
Mercury semisquare Kronos in right ascension 22:21 EDT
Moon square Cupido 23:55 EDT
Venus opposition 4/24/2005 Lunar Eclipse Antiscion 23:58 EDT

*****


STOCKS TO WATCH: AXP, CRK, MDP, PH, TCB.

American Express Company (AXP)
NYSE; optionable
First Trade Date: 05/18/1977; 10:00 a.m.
Trading Strategy: Saturn is ready to cross over the AXP First-Trade Ascendant, setting the stage for a potential price jump. Not too long after that, we will see transiting Jupiter form a conjunction to First-Trade Pluto, a sesquiquadrate to the First-Trade Sun, and a conjunction to the First-Trade IC, all in rapid succession. All of these planetary aspects are positive indicators for this stock, but to top things off, we also have transiting Mars about to conjoin First-Trade Venus. That transit has brought AXP up in price 11 of the last 11 times it has occurred, and we see no reason to expect anything different this time around. We are ready to add a long position in this stock to our Model Portfolio immediately; our initial stop will be set at 52.75.


Comstock Resources Inc. (CRK)
NYSE; optionable
First Trade Date: 12/17/1996; 09:30 a.m.
Trading Strategy: With transiting Saturn conjoining the First-Trade Descendant and the transiting True Lunar Node sesquiquadrate First-Trade Pluto, there a lot of powerful potential in this oil stock. We like the solid fundamentals here as well, not to mention the fact that a nice positive got underway in Friday's trading. Our plan is to add a long position in CRK to the Model Portfolio early this week, with an initial stop set at 24.00.


Meredith Corporation (MDP)
NYSE; optionable
First Trade Date: 12/09/1965; 10:00 a.m.
Trading Strategy: The recent trading for this stock has been in a channel defined by its 50-Day Moving Average and its 200-Day Moving Average, with MDP struggling to regain the price levels it enjoyed late last year. With transiting Saturn moving past its First-Trade Descendant, however, MDP should be able to make some forward progress more easily. There are some additional astrological benefits ahead as the transiting True Lunar Node forms a square to First-Trade Mars, a sesquiquadrate to First-Trade Mercury, and a semisquare to the First-Trade True Lunar Node. The overall prospects look promising, but they may be short-lived, so we plan to add a long position in this stock to our portfolio at the start of this trading week. Our initial stop will be set at 47.00.


Parker Hannifin Corporation (PH)
NYSE; optionable
First Trade Date: 12/09/1964; 10:00 a.m.
Trading Strategy: PH is a carry-over from last week's watch list; we placed a limit order but did not get filled, since the stock did not pull back as we had anticipated. Even so, PH looks like a good value and we believe there is still some play left in this trade, so we will add a long position at the market as this week gets underway. We will set our initial stop at 56.50.


TCF Financial Corporation (TCB)
NYSE; optionable
First Trade Date: 05/26/1989; 09:30 a.m.
Trading Strategy: Once transiting Saturn moves past the TCB First-Trade Ascendant, Jupiter will take charge of this chart. We're looking for its positive aspects to give us an opportunity for a good return, so we will be adding a long position in TCB to the Model Portfolio this week. Our initial stop will be set at 24.95.

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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 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.

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posted by Tim Bost @ 7/03/2005 02:48:00 AM