Financial Cycles Weekly.com #0821

May 26-31, 2008 with Tim Bost


YOUR WEEKLY ASTRO-TRADING PLAN


IN THIS ISSUE:


The Bottom Line
Comment
Retrogrades Coming Up
Soros Speculates
Confidence Crumbles
Staying Home
Tim on TV
The Economic Calendar
Astrological Dynamics
Spiritual Focus for the Week
Global Equities Markets
U.S. Equity Trends
Gold and Silver
Financial Cycles Model Portfolio
Market Sector Strength and Weakness
Astro-Trading Gann Plan Calendar
Stock to Watch

THE BOTTOM LINE: While the trading week may be a little slow getting
going after the Memorial Day holiday, it should start to show some
positive strength by mid-week. Thursday is a day that calls for some
extra caution, if not a decision to step away from active trading
altogether. I'm looking for a very volatile finish to the trading week,
however, with plenty of opportunity for unexpected market reversals in
the shorter time frames.

COMMENT: Last week in reviewing the economic news I noted that "On
Wednesday there will also be a release of minutes from the Federal Open
Market Committee, perhaps providing some hints about future directions
for interest rates." That event proved to be the week's biggest economic
news, with markets reeling in horror as the Fed finally started to admit
just how serious the rampant economic problems are.


While there is now some muttering going on about the need to replace Ben
Shalom Bernanke as Federal Reserve Chairman, the real problems here are
not likely to go away in the presence of a fresh face, with or without a
beard. The challenges we are facing now are the result of the economic
policies of Alan Greenspan's Fed, and it will take a while to pull
ourselves out of this mess regardless of who is at the helm at the
central bank. Of course Congress isn't doing much to help either, by
looking for new scapegoats and fresh regulations as it struggles to come
up with band-aids for wounds that have already turned septic. We are
facing a situation that seems quite likely to get much worse before it
gets better, unless of course someone can push through an initiative
that eliminates the Federal Reserve Bank altogether and returns the
currency to a gold-backed standard. Right now that doesn't seem very
likely to happen, but as Fats Waller so sublimely put it, "One never
know, do one?"

GOING BACKWARD
This is a remarkable week astrologically because it's marked with three
planetary retrograde stations. On Sunday Chiron begins backwards motion,
followed by Mercury and Neptune, which turn retrograde nearly
simultaneously on Monday.


This retrograde period, which will be at its most intense during the
coming three weeks or so, is a time when communications and
transportation are challenged, and when it is better to take care of
unfinished projects instead of launching bold new endeavors. In addition
to the likelihood of confusion, there's also the possibility of active
deception in the air, so it's also a time to exercise more than a little
caution, both in and out of the markets.

BUBBLES AND TROUBLES
Billionaire investor George Soros has told the Daily Telegraph in London
that the current surge in crude oil prices is showing characteristics of
a bubble. While acknowledging the role that higher demand from China,
weakening production in the Middle East, and a rapidly corroding U.S.
dollar have all played in creating higher oil prices, Soros also said
that at least part of the current upward spiral is due to wild
speculation, which, he said, "is increasingly affecting the price. The
price has this parabolic shape which is characteristic of bubbles."


With the cost of oil now well over $130 a barrel, this commodity has
roughly doubled in price during the past year, and this more expensive
energy source has created increasing problems for individuals and
businesses alike.


But even though he blames speculation for at least some of the price
boost, Soros remains sanguine about the prospects for a retracement. He
said that both the U.S. and the U.K. will need to plunge into full-blown
recession before the trend starts to reverse significantly.


Noting that the bubble "will eventually correct but that is unlikely to
happen before the recession actually reduces the demand," Soros added
that "The rise in the price of oil and food is going to weigh and
aggravate the recession." In fact, he added, he feels that the economic
times ahead of us will be the worst in living memory.

PRE-WAR MEMORIES
With the Iraq War now having lasted longer than America's participation
in World War II, it's becoming increasingly difficult to remember what
life was like before the U.S. got involved in the current quagmire. But
some recent economic figures are providing some assistance. According to
the Conference Board's numbers for April, Consumer Confidence has now
hit a five-year low. The index stands at 62.3, which is the lowest
reading since Consumer Confidence fell to 61.3 just prior to the U.S.
invasion of Iraq in 2003.

SAVING MONEY BY NOT GOING TO WORK
With skyrocketing gasoline prices making it more and more costly for
workers to drive their cars to jobs, an increasing number are choosing
work-at-home alternatives. In some cases this comes through an
arrangement with a cooperative employer, while in other instances
one-time employees quit their jobs and seek entrepreneurial alternatives
that can be operated as home-based businesses.


While not commuting brings about obvious savings at the gas pump, it
also helps cut costs in wear and tear on the automobile as well. Add to
that the reduction in dry cleaning bills and the reduced cost of workday
lunches, and the dollars begin to add up. But all those savings pale in
comparison to the benefits the work-at-home force reaps in the most
valuable commodity of them all: time. Eliminating even a fairly short
commute can add an extra five hours of time to your week!

FINANCIAL ASTROLOGY ON WEB TV
Be sure to tune in this Thursday afternoon when I will join Michael
Yorba for my regular guest appearance on his "Commodity Classics"
program on www.yorba.tv. Join us at 4:30 p.m. Eastern time (3:30 p.m.
Central) to hear the conversation--you can even join in via the live
chat line during the "Commodity Classics" broadcast. You can also go to
the Video Gallery section of the Publications page on my website at
http://www.timbost.com/publications/videogallery.html to find the
archived videos from my previous appearances on this TV program.

NEWS AND UPDATES THROUGHOUT THE WEEK
Check my website for the latest news and special offers; it's updated
several times each week. Go to www.TimBost.com and click on "Latest
News." While you're there, be sure to see the streaming videos of my
latest broadcast interviews at
http://www.timbost.com/publications/videogallery.html and check out the
"Top Listed Site Astrology" button for links to other astrological
resources.


*****

THE ECONOMIC CALENDAR
With markets, banks, government offices, and many businesses closed for
Memorial Day on Monday, this will be a light week for economic news.
Even so, we will be watching for the reports on Consumer Confidence, New
Home Sales, Durable Goods Orders, ICSC-UBS Store Sales, MBA Purchase
Applications, Corporate Profits, GDP, the Help Wanted Index, Personal
Income and Outlays, NAPM-Chicago, Farm Prices, Consumer Sentiment, the
EIA Petroleum Status Report, the EIA Natural Gas Report, Jobless Claims,
and the Money Supply.

ASTROLOGICAL DYNAMICS
It's probably a good thing that U.S. markets are closed on Monday, with
virtually simultaneously retrograde stations by both Mercury and
Neptune. Thanks to the motion of these two planets and to the Chiron
retrograde station the day before that, things are definitely not what
they seem, and the stage is being set for a major sucker play in the
equities arena.


Given the fact that share prices have been dropping in recent sessions,
my expectation is that we will see a rally in stock prices getting
underway by the middle of this trading week. We will need to be
extremely cautious in this environment, however, since Mercury's
potential for confusion and Neptune's capacity for outright deception
will combine to lay plenty of booby-traps for the unwary speculator.
It's time to watch for fake-outs, to avoid overreaction, and to your
powder dry.


Tuesday's trading gets underway with a void-of-course Moon in play, but
that extra bit of confusion clears up fairly rapidly, opening things up
for some positive expectations, no matter how unrealistic they may
ultimately be. With transiting Apollon conjoining last summer's lunar
eclipse antiscion, there's a strong likelihood of bullish sentiment, as
more expansive emotions work their way onto the trading floor.


The waxing Venus/Uranus quintile on Wednesday morning a few hours prior
to the opening bell signals a sudden shot of positive market energy. If
there are nagging fundamental concerns at that time, however, the
positive spin may take a couple of days to make its presence felt. Even
so, this is a fairly reliable indicator of a shift in mood, so I'm
looking for it to trigger some decidedly bullish activity before the end
of the week.


Nevertheless, things are likely to feel quite bearish during Thursday's
trading, thanks to the heliocentric Mercury/Hades biquintile and the
intensely limiting energy of the Mars/Admetos parallel. While more
adventurous intraday market players may want to step in on the short
side during that trading session, my personal preference will be to
avoid trading altogether that day, since there's a void-of-course Moon
keeping things out of balance until just a few minutes before the
closing bell.


No matter what happens during the first part of the week, there will be
some concern on Friday to keep a lid on it. With a heliocentric
Mercury/Admetos opposition, a Mercury/Hades parallel, and a potentially
explosive Venus/Vulcanus parallel all making their presence felt, I
wouldn't be surprised to see an extremely volatile conclusion to the
trading week.
Throughout this trading week I will be tracking heliocentric
fifth-harmonic planetary lines (H,72,N,-2) for Mercury, Venus, Saturn,
Uranus, Hades, and Apollon, using the Fibonacci/Galactic Trader software
from P.A.S. to follow the active planetary support and resistance in
real time. For more information on this astro-trading analysis and
trading software go to
http://server1.fibonaccitrader.com/licenseWeb/index.jsp?PROMOCODE=TIM .


Have a great week!


*****

SPIRITUAL FOCUS FOR THE WEEK
Many of history's most successful traders have clearly understood that
emotional equilibrium is the key to effective trading. Through Practical
Spiritual Astrology we have an opportunity to restore inner harmony,
enhance emotional balance, and make wiser choices in the markets.

Transforming emotional energy may seem like a never-ending task ,
especially if we try to move forward in that process through sheer force
of will or through unwavering concentration of our mental faculties. But
there is another path to this transformation, one which offers an easy
and effective route to spiritual fulfillment--if we can dare to trust
our emotions enough to enjoy their play and display, participating in
their changes as step in a divine dance, we will find ourselves
effortlessly propelled toward spontaneous fulfillment.


"There are two ways of spreading light: to be the candle or the mirror
that reflects it." --Edith Wharton

For more astrologically-based spiritual insights and a free subscription
to our monthly e-zine, be sure to visit
www.PracticalSpiritualAstrology.com.


*****

GLOBAL EQUITIES MARKETS
All of the stock market indices around the world turned down last week,
with the biggest losses coming in Shanghai, Mumbai, and U.S. Blue Chips.
In most cases it was interesting to note how closely the losses matched
the previous week's gains, with congested market action continuing to
move stock prices laterally.

Dow Jones Industrial Average -- down 3.91%
Dow Jones Transportation Average -- down 4.17%
Dow Jones Utilities Average -- down 0.23%
S+P 500 -- down 3.47%
NASDAQ Composite Index -- down 3.33%
Russell 2000 -- down 2.30%
London FTSE-100 -- down 3.44%
Amsterdam Index -- down 2.52%
Paris CAC-40 -- down 2.84%
Frankfurt DAX -- down 2.97%
Mexico Index -- down 0.31%
Sao Paulo BOVESPA -- down 1.81%
Sydney All Ordinaries -- down 2.33%
Bombay SENSEX -- down 4.50%
Tokyo Nikkei Index -- down 1.46%
Shanghai SE Composite Index -- down 4.17%
Hong Kong Hang Seng Index -- down 3.53%

*****

U.S. EQUITY TRENDS
U.S. stocks took some fairly serious losses last week, with blue chip
and large cap issues showing more weakness than smaller cap and tech
stocks. The wisdom of the conservative approach demanded by our
technical models was amply demonstrated, with the market averages
failing to trigger bullish signals prior to the start of their current
downturn. All of those technical indicators remain clearly intact, and
our bearish assumptions at this point seem fully justified.


The Russell 2000 closed the trading week at 724.10. This index has seen
some solid price advances and is currently finding support on its 25-day
moving average, but the Russell remains on a January 4 short-term sell
signal, with a daily close above 799 required to return to short-term
bullishness. Our August 3, 2007 intermediate-term sell signal for the
Russell 2000 remains in place at this point, with a daily close above
824 currently required to reactivate intermediate-term bullishness. The
Russell is now also on a November 26, 2007 long-term sell signal, with a
daily close above 856 needed to move our long-term indicator for the
Russell back to the buy side.


The NASDAQ Composite continued its sell-off, ending the week at 2444.67,
still short of our technical price target needed to confirm a reversal
to the upside. The NADAQ currently remains on a November 8 short-term
sell signal, with a daily close above 2735 needed to reverse our
technical trend assumptions back to the buy side. The NASDAQ is on a
January 22 long-term sell signal, with a daily close of 3044 or higher
needed to resume long-term bullish expectations. We are now also on a
January 8 intermediate-term sell signal, with a daily close above 2861
currently required to flip this indicator back to the buy side.


The S+P 500 saw an especially strong sell-off, with a weekly close at
1375.93. This index is still on a December 17 short-term sell signal,
with a daily close above 1436 needed to reverse our trend assumptions
back to the long side. The S+P 500 is on a November 26, 2007
intermediate-term sell signal, with a daily close above 1499 needed to
reverse it back to the buy side. For the long-term, the S+P is on a
January 17 sell signal, with a daily close above 1552 now need to flip
our long-term trend expectations back to bullish assumptions.

S+P 500 -- Long-Term Bearish; Intermediate-Term Bearish; Short-Term Bearish
NASDAQ -- Long-Term Bearish; Intermediate-Term Bearish; Short-Term Bearish
RUSSELL 2000 -- Long-Term Bearish; Intermediate-Term Bearish; Short-Term
Bearish


*****

METAL MARKETS
GOLD -- As I correctly noted last week, we expect to see the yellow
metal experience "more upside expansion during the next week or two."
Gold's next big resistance target is 950, and with the May uptrend still
firmly in place, we fully expect to see that level getting challenged soon.

SILVER -- Silver also put in a positive week, breaking through the 17.00
barrier with a vengeance, and we expect this current rally to run at
least into the end of May and possibly into early June as well. The next
important upside target for Silver is 18.50, and a daily close above
18.75 would be an important bullish signal.


*****

FINANCIAL CYCLES MODEL PORTFOLIO

TRADES CLOSED LAST WEEK: NCR, DOV, TROW.
We closed three trades during the past week, with two winners and one
loser bringing us a net profit of $875.00.


We bought to cover 500 shares of NCR Corporation (NCR) at 26.05 on
05/19/08, taking a loss of $400.00 (a 3.17% loss in 4 trading days).


We sold 300 shares of Dover Corporation (DOV) at 52.85 on 05/20/08,
taking a profit of $915.00 (a 6.12% gain in 11 trading days).


We sold 200 shares of T. Rowe Price Group, Inc. (TROW) at 60.55 on
05/20/08, taking a profit of $360.00 (a 3.06% gain in 17 trading days).


*****

POSITION ADDED TO THE PORTFOLIO LAST WEEK: FST.
We added one long position to the Model Portfolio last week.
We bought 200 shares of Forest Oil Corporation (FST) at 64.75 on
05/23/08, with an initial stop set at 62.25.


****

REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 50 completed trades, with 25
winners and 25 losers bringing us a total net profit of $18,352.00. The
largest profit for a single trade has been $3,450.00, with our winners
averaging $973.00; the largest single-trade loss has been $800.00, with
our losers averaging $239.00. The overall average profit per trade has
been $367.04, and the mean duration of our trades has been 9.5 trading days.


During 2007 we had a total of 161 completed trades, with 74 winners and
87 losers bringing us a total net profit of $17,297.00. The largest
profit for a single trade was $5,264.00, with our winners averaging
$576.30; the largest single-trade loss was $1,224.00, with our losers
averaging $294.56. The overall average profit per trade was $107.43. The
mean duration of our trades was 11.6 trading days.


During 2006 we had a total of 177 completed trades, with 74 winners and
103 losers bringing us a total net profit of $9,881.00. The largest
profit for a single trade was $2,595.00, with our winners averaging
$473.04; the largest single-trade loss was $949.00, with our losers
averaging $247.31. The overall average profit per trade was $55.82. The
mean duration of our trades was 9.0 trading days.


During 2005 we had a total of 200 completed trades, with 79 winners and
121 losers bringing us a total net profit of $14,993.00. The largest
profit for a single trade was $4,884.00, with our winners averaging
$630.55; the largest single-trade loss was $956.00, with our losers
averaging $304.42. The overall average profit per trade was $74.97. The
mean duration of our trades was 10.4 trading days.


During 2002-2004 inclusive we had a total of 584 completed trades, with
322 winners, 260 losers, and 2 break-even trades bringing us an average
annual net profit of $50,528.83. 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 $259.57. The mean duration of our trades during
those three years was 11.0 trading days.


*****

CURRENT POSITIONS IN THE MODEL PORTFOLIO

Forest Oil Corporation (FST) -- bought 200 shares at 64.75 on 05/23/08;
currently 65.78. Raise stop to 62.15.


Williams Companies, Inc. (WMB) -- bought 300 shares at 36.75 on
05/15/08; currently 37.84. Raise stop to 37.50.


*****

MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:

Health 'Care Plans; Generic Drugs; Medical Appliances and Equipment;
Long-Term Care Facilities; Oil and Gas Refining and Marketing.

WEAKEST MARKET SECTORS LAST WEEK:
Major Airlines; Sporting Goods Stores; Residential Construction; Resorts
and Casinos; National Investment Brokerages.


*****

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


"I know in each moment I am free to decide."


Whether you are day-trading or just looking for optimum entry and exit
points for longer-term trades during the course of a particular trading
day, an awareness of the intraday astrological aspects at work can alert
you to significant opportunities and potential pitfalls. The events on
this weekly calendar are calculated for New York time, but are listed
around the clock and throughout the week so you can apply them to Forex,
to global markets or to events outside of your trading day as well. Note
that in order to save space this calendar excludes most lunar aspects,
which can also be important in moving markets as well.

May 25
Heliocentric Venus conjunct Heliocentric Admetos 00:36 EDT
Venus quincunx Pluto 04:20 EDT
Heliocentric Venus sextile Heliocentric Vulcanus 04:33 EDT
Chiron retrograde station 07:42 EDT
Heliocentric Mercury quintile Heliocentric Transpluto 10:42 EDT
Sun square 08/28/07 Lunar Eclipse Point 11:03 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Apollon 14:23 EDT
Heliocentric Mercury semisextile Heliocentric Zeus 17:44 EDT
Heliocentric Venus quincunx Heliocentric Apollon 17:54 EDT
Venus biquintile Apollon 19:15 EDT
Moon Crossing Universal Clock 24 Line 23:18 EDT


May 26
U.S. Markets closed for Memorial Day holiday
Heliocentric Mercury sextile Heliocentric Mars 00:00 EDT
Heliocentric Venus sesquiquadrate Heliocentric Zeus 00:10 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Hades 00:46 EDT
Mars square 02/09/09 Lunar Eclipse Antiscion 03:58 EDT
Heliocentric Earth quintile Heliocentric Chiron 04:02 EDT
Venus square 02/21/08 Lunar Eclipse Point 07:38 EDT
Sun parallel Vulcanus 11:43 EDT
Mercury retrograde station 11:48 EDT
Neptune retrograde station 12:15 EDT
Venus square Saturn 13:10 EDT
Heliocentric Venus semisextile Heliocentric Hades 13:23 EDT
Heliocentric Mercury sextile Heliocentric Jupiter 14:49 EDT
Mars in 24th Harmonic to Vulcanus 16:56 EDT
Heliocentric Mercury semisquare Heliocentric Pluto 21:41 EDT
Heliocentric Mercury semisextile Heliocentric Cupido 22:36 EDT
Void-of-Course Moon begins 22:50 EDT
True Lunar Node direct station 23:47 EDT


May 27
Mars conjunct 08/01/08 Solar Eclipse Point 02:11 EDT
Mercury parallel Kronos 06:18 EDT
Sun in 24th Harmonic to Mercury 06:37 EDT
Heliocentric Venus square Heliocentric Transpluto 07:49 EDT
Void-of-Course Moon ends 09:38 EDT
Apollon conjunct 08/28/07 Lunar Eclipse Antiscion 14:26 EDT
Venus semisextile Kronos 14:43 EDT
Sun sesquiquadrate Jupiter 15:05 EDT
Heliocentric Venus sesquiquadrate Heliocentric Jupiter 16:56 EDT
True Lunar Node retrograde station 18:41 EDT
Heliocentric Mercury square Heliocentric Chiron 20:25 EDT
Moon Crossing Universal Clock 24 Line 20:47 EDT


May 28
Heliocentric Venus quincunx Heliocentric Pluto 04:21 EDT
Venus quintile Uranus 06:57 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 08:00 EDT
Heliocentric Venus enters Gemini 09:03 EDT
Sun quincunx Poseidon 11:57 EDT
Heliocentric Mercury trine Heliocentric Uranus 13:13 EDT
Mars sextile Zeus 14:22 EDT
Venus square 08/28/07 Lunar Eclipse Point 15:56 EDT
Heliocentric Earth semisextile Heliocentric Poseidon 20:31 EDT
Heliocentric Mercury quintile Heliocentric Saturn 21:19 EDT


May 29
Heliocentric Mars in 24th harmonic to Heliocentric Transpluto 01:13 EDT
Heliocentric Mercury biquintile Heliocentric Hades 02:15 EDT
Void-of-Course Moon 02:22-15:52 EDT
Sun contraparallel Cupido 02:46 EDT
Mars parallel Admetos 07:06 EDT
Heliocentric Venus quintile Heliocentric Uranus 07:49 EDT
Heliocentric Earth square Heliocentric Saturn 08:35 EDT
Heliocentric Venus biquintile Heliocentric Apollon 11:38 EDT
Heliocentric Mercury square Heliocentric Neptune 13:00 EDT
Moon Crossing Universal Clock 24 Line 15:51 EDT
Sun contraparallel Jupiter 17:47 EDT
Mercury trine Chiron 17:58 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 18:27 EDT
Mercury in 24th Harmonic to Venus 18:37 EDT
Jupiter biquintile Transpluto 22:38 EDT


May 30
Saturn parallel Transpluto 03:06 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Mercury 05:30 EDT
Venus sesquiquadrate Jupiter 05:32 EDT
Sun semisquare Vulcanus 05:45 EDT
Heliocentric Mercury opposition Heliocentric Admetos 07:53 EDT
Heliocentric Mercury trine Heliocentric Vulcanus 10:05 EDT
Sun in 24th Harmonic to Admetos 17:34 EDT
Heliocentric Mercury semisextile Heliocentric Apollon 17:39 EDT
Mercury parallel Hades 17:44 EDT
Heliocentric Venus semisextile Heliocentric Kronos 19:06 EDT
Heliocentric Earth sesquiquadrate Heliocentric Vulcanus 19:11 EDT
Heliocentric Mercury quintile Heliocentric Mars 20:20 EDT
Heliocentric Mercury semisquare Heliocentric Zeus 21:14 EDT
Venus parallel Vulcanus 21:49 EDT


May 31
Venus quincunx Poseidon 00:26 EDT
Mars semisquare Hades 01:19 EDT
Heliocentric Mars trine Heliocentric Jupiter 02:01 EDT
Sun sesquiquadrate Apollon 03:02 EDT
Heliocentric Mercury quincunx Heliocentric Hades 04:44 EDT
Sun trine Zeus 06:56 EDT
Heliocentric Earth quintile Heliocentric Neptune 07:41 EDT
Moon Crossing Universal Clock 24 Line 08:28 EDT
Void-of-Course Moon 08:54-18:18 EDT
Heliocentric Mercury biquintile Heliocentric Kronos 11:31 EDT
Heliocentric Mercury square Heliocentric Transpluto 15:09 EDT
Heliocentric Earth semisquare Heliocentric Apollon 17:35 EDT
Sun parallel Mercury 19:58 EDT
Mars square 02/07/08 Solar Eclipse Antiscion 23:00 EDT
Heliocentric Mercury semisquare Heliocentric Jupiter 23:22 EDT


June 1
Mercury quintile Saturn 02:10 EDT
Heliocentric Mercury semisextile Heliocentric Pluto 03:04 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Cupido 03:57 EDT
Heliocentric Earth sextile Heliocentric Zeus 04:11 EDT
Heliocentric Mercury enters Sagittarius 05:34 EDT
Venus semisquare Vulcanus 09:56 EDT
Heliocentric Mars square Heliocentric Cupido 11:30 EDT
Mercury contraparallel Jupiter 15:31 EDT
Venus contraparallel Cupido 17:36 EDT
Mars in 24th Harmonic to Transpluto 18:11 EDT
Sun in 24th Harmonic to Hades 18:51 EDT
Venus in 24th Harmonic to Admetos 19:17 EDT
Mercury parallel Venus 22:35 EDT
Moon Crossing Universal Clock 24 Line 23:10 EDT

While the weekly Gann Plan Astro-Trading Calendar acknowledges and
honors the work of legendary trader W. D. Gann, it only reflects a small
portion of the wisdom that Gann brought to the markets during the last
century. For more Gann Plan trading insights be sure to read the free
GANN PLAN TRADING LETTER. The current issue can be downloaded without
charge or obligation at http://www.gannplan.com. New issues of the
letter appear at irregular intervals, so be sure to get your free
subscription when you visit the site; you'll be notified about each new
issue as soon as it is available.


*****

STOCKS TO WATCH: CCK, BGC, SGY.

Crown Holdings Inc. (CCK)
NYSE -- optionable
First Trade Date: 05/09/1929; 10:00 a.m.
Transiting Jupiter has just crossed the CCK First-Trade Descendant, and
the stock has already started to pull back from the high it set earlier
this month. There are several factors suggesting some tough sledding for
this stock in the coming weeks, including the conjunction of transiting
Chiron and the transiting True Lunar Node forming a square to the
conjunction of First-Trade Jupiter, the First-Trade Moon, and the
First-Trade True Lunar Node; the conjunction of transiting Pluto with
First-Trade Saturn, and the hit by transiting Saturn to the midpoint of
First-Trade Neptune and First-Trade Apollon. Given this picture of
overall weakness, we plan to sell CCK short around the middle of the
trading week; we will set our initial buy stop at 29.25.

General Cable Corporation (BGC)
NYSE; optionable
First Trade Date: 05/16/1997; 09:30 a.m.
Here's another example of transiting Jupiter hitting an angle in a
First-Trade horoscope, but in this case the underlying dynamics are a
bit different. Transiting Jupiter is conjoining the BGC First-Trade
Descendant, while the transiting conjunction of Chiron and the True
Lunar Node is conjoining First-Trade Jupiter. At the same time the
transiting Sun is about to conjoin First-Trade Venus, and transiting
Neptune is making its retrograde station at a point that completes a
Grand Trine pattern with First-Trade Chiron and First-Trade Kronos. This
combination offers a lot of positive potential, so we plan to add a long
position in BGC to the Model Portfolio early in the trading week. Our
initial stop will be set at 67.25.

Stone Energy Corporation (SGY)
NYSE; optionable
First Trade Date: 07/09/1993; 09:30 a.m.
Oil and gas producer Stone Energy has most of its operations in the Gulf
of Mexico, the Williston Basin, and the Rocky Mountain Basins. With oil
prices continuing to rise, the temptation is strong to consider a long
position in this stock. While that might be a viable long-term strategy,
our swing trading bias and astrological analysis suggests otherwise.
Saturn conjoining the SGY First-Trade Ascendant is likely to bring the
price of this stock lower, which could be a buying opportunity except
for the fact that some of the other current aspects which might
ordinarily be expected to sustain a rally have already run their course,
with their current impact on the price of this stock weakening
considerably. Most notable in this regard are transiting Uranus, just
past its conjunction with the First-Trade Moon, and transiting Jupiter,
currently moving out of orb from its conjunction with First-Trade
Neptune and First-Trade Uranus. Our plan is thus to sell short during
the coming trading week, with an initial buy stop set at 74.00.


*****


FINANCIAL CYCLES WEEKLY
(ISSN 1055-8527) is published by Taylor-Bost
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FINANCIAL CYCLES WEEKLY is to foster the growth of person-centered
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