AFUND 2002/2003 Stock Market Forecast May update

2002/3 MARKET FORECASTS

FINANCIAL ASTROLOGY:
It is NOT WHAT you know, but WHEN you know it.

Most of the following material has been serialized in WALL STREET, NEXT WEEK and our premium channels . This is our semiannual update from our 10th Annual Astrology and Stock Market Seminar May 17-18, 2002 in New York City.
Note: Hyper links that are prefaced with a S: are restricted to WSNW Subscribers.

There are five primary celestial and terrestial phenomena affecting world events and global markets in 2002/3:

The third and last of Saturn Pluto oppositions on May 26, 2002,
June 10 Solar Eclipse,
The first of three Jupiter Neptune oppositions September 11 [and Feb 16 and June 3 2003],
November US Midterm Elections,
December 4th [and Nov 23, 2003] Total Solar Eclipse .

Three Big Investing Ideas

1. US DOLLAR DECLINE CONTINUING IN 2002/3
The long term secular US$ rally is now clearly over despite the latest monthly trade deficit ONLY 316 Billion dollars. We are close to our P1 target of 112; P2 108. We expect to see the Euro .93-1.01 by 2003.

2. SATURN/PLUTO ENDS 2002
Our forecast for a global economic slowdown and fears of recession were well founded. However, our WSNW Mantra since 911 has been: "There is now light at the end of the tunnel as this aspect ends May 2002."
As for 911 , one of its effects was Saturn (sense of security) in opposition (opposed by) Pluto (Terrorism).

3. JUPITER/NEPTUNE THEME: PREPARE TO PROSPER 2002/2003
Let the good time roll and will it be back to "What ME worry?" The curent trend of more realistic stock valuation that began with Jupiter/Saturn conjunction in 2000 MAY become lost with this new zeitgeist shift. For example, Jet Blue (JBLU) on 5/6 at 52 was three times greater than UAL and 2/3rd's American Airlines (AMR). Better instead enjoy buying at Christie May 31 at Rockefeller Center at their Wine auction [ruled by Neptune Christie's - Auction Calendar]

The key event of 2001 was 911 . From a purely economic view, this horrible tragedy ironically had positive implications for many market sectors ranging from security and defense to construction. This is/was primarily due to the economic stimulation and the relative unimportance in balancing the budget in 2002. Without 911, a budget deficit would have happened as both individuals and companies were underperforming. Furthermore, it forced an early capitulation, i.e. end of the Bear market, as stocks moved into stronger, instititutional hands. Thus after the First Saturn-Pluto opposition, we began repeating:
Now THERE IS LIGHT AT END OF THE TUNNEL Saturn-Opposition Pluto ends May 2002!
INVESTORS: FALL 2002 markets will be HIGHER than today.

DIFFICULT PROGRESS: CLIMBING THE WALL OF WORRY

Like many others we see a stronger second half world economy for 2002 and the markets. The question of how high is up will depend on how low markets go in the Spring of 2002. Will they retest Fall 2001 lows, Spring 2001 lows or even the October 98 lows? However, we are now in a "market of stocks" where stock selection and sector picking as well as market timing of the stock market counts.

Two short term positives for the markets are the longer term effects of lower US interest rates (Don't Fight the Fed) and the post 911 spending programs. There is a well known tendency of markets to "climb the wall of worry" and we have seen plenty of this (worry) coming up. The cup is only half full as global economies deal with unemployment and additional bankruptcies follow through. However, today this is OLD NEWS!

The profits from the Fall 2002 market rally will need to be protected against future potential bear assaults in 2003. We advise against returning to past excessive speculation as investor fear recedes. To quote a recent Citibank ad: “ Being filthy rich is so 1999. ” Junk bond defaults, one prime example, are at a post 1929 depression high and will climb yet highe this year. Still, the cup is half empty: stocks will perform better than cash AND bonds in 2002.

UNREALISTIC EXPECATIONS
OMG- Single Digit Growth? “If my mutual fund won’t give me 25% growth, sell it.” Nokia reduced its sales forecast to rise between 5% and 10%. It had earlier predicted 15% growth for 2002. That type of realistic, single digit growth is our Blue Chip benchmark. Low expectations lead to rallies. I enjoy positive surprises more than earnings disappointments. However, NOK at 16 is not cheap and is expensive above 14.

Global Stock markets in 2002/3 will be determined largely by answering two questions:
Q1: Will Investors re-evaluate P/E lower to traditional levels or higher towards " new economy" levels?
Q2: Who will be helped/hurt the most by the lower US dollar?

Intermediate term, we expect interest rates to increase to 3% due to growth, a lower US dollar and inflationary worries. One lurking potential danger is that it may become necessary for the FED to defend the US dollar and that will NOT be the cause for a major US stock market rally past DJIA 12,000.
"Buy and Hold" is passe. Stock picking and Market timing will rule in 2002/2003. Successful investing will depend on knowing:
When all the good news has already been factored into the share price, at what price is the valuation just too high?
When all the bad news has already been factored into the share price, at what price is the valuation too cheap?

Capital Preservation will no longer be as important for global investors as investor's fear fade away. It will instead go back to the future or time for growth. Leadership will now pass from Value to Growth. However, we advise caution and recommend an investment strategy paradigm of BUY and HOLD Growth stocks with at least reasonable valuation based on current and future profits. Remember, international money flows will no longer exclusively favor the US, with Asia and Europe garnering more future global interest.

HOW HIGH IS UP?
HOW LOW IS LOW?

2002 TRADING RANGES
DJIA: 8,800 to 11,660
NASDAQ: 1610-2552

VALUE WITH GROWTH

While we expect some to hope for a return to the "good ole days", we still find P/E's of 100+, e.g. Intel (INTC) unwaranted.for most stocks. Our advice is the same as for 2001:
Trade more (25% of portfolio) and take/protect profits at 15%-25% profit points for non-core long term holdings.

INVESTORS SHOULD BUY AND HOLD STOCKS SUMMER/FALL 2002 THAT ARE:
1) Profitable companies,
2) P/E under 22 for Growth and less than 16 for Value,
3) Undervalued by 10% or more.

I GLOBAL INVESTING

BUY CANADA, INDIA & JAPAN
ACCUMULATE ASIA & EUROPE
TRADE THE UNITED STATES

The Horoscope is a MAP of TIME and PLACE - here is a brief overview of selected global markets:

EUROPE - Relative strength gains in Euroland due to increased value of the Euro into 2003

GERMANY- Blue Chips [EWG] market perform.
HOLLAND - will benefit from the Euro rally. However, we suggest selling into strength as better global opportunities arise.
ENGLAND - Our view of the CITY continues to improve in 2002 and beyond.
FRANCE- With Jupiter going into Leo, Viva la France!
GREECE- The ATG is a long term watch/accumulation ahead of the 2004 Olympics.
ITALY - Slight out perform. Watch for the Prada IPO this Summer.
SPAIN - Short term trading opportunities as Argentina crisis recedes.
EU EXPANSION countries, the Czech Republic, Poland, Hungary, Cyprus, Slovenia and Estonia remain on Watch.

S: Dow Jones Stoxx 50

NORTH AMERICA - Traders paradise

S: CANADA - Invest here for increasing prosperity in 2002 and 2003! The Canadian Dollar is still a bargain and will outperform the US Dollar by another 3% into 2003. Quality midcaps remain obvious US M&A targets.
MEXICO - While certain international stocks e.g. CX, have performed exceptionally well and continue to benefit from NAFTA, we prefer to wait until April's weaking of the"super Peso" becomes a secular trend. Unless a stock is likely to be a takeover target like Banacci was by Citibank, YANQUIS STAY HOME!
UNITED STATES - Slightly overvalued versus global counterparts. We will buy select undervalued and fallen angels midyear as trading buys. However, we think many former investor favorites will disappoint. US Bonds will be far less attractive as the year goes on. The US Dollar remains a ticking time bomb: It is no longer as safe a haven with new competition forthcoming from the EURO in 2002 and perhaps even gold. However, since one can trade stocks here for 10-25% appreciation/depreciation a day/week, this remains TRADERS HEAVEN.

ASIA/PACIFIC - Long term investment opportunities in Japan and India

JAPAN - We were delighted when our five year wait for Japan to break 12,222 was over last year. We were then surprised to see it break 10,000! Nikkei is now a long term buy to 16,000 using the 2003-5 time horizon. We see value in buying Japan whenever the Yen is weaker than 131 [Fair value ~126 just above Japanese BOJ 125 worry zone]. We still prefer exporters that will benefit from cheap Yen, e.g. Sony (SNE), Matsushita (MC) and Honda (HMC) are our three favorites. Energy efficiency along with the cheap Yen will keep Honda (HMC) and Toyota (TM) strong global leaders with strong profits. JAPAN INC [EWJ] is one of our favorite 2003 countries, especially if the Yen weakens again to130 and more. Our mantra on JAPAN INC. is "You have Japanese products in your home; why don't you have Japanese stocks in your portfolio?"
HONG KONG/CHINA - 2008 Olympics notwithstanding, the fact is that many of the mainland's industries are a mess and its stock market is overloaded with poor quality state owned companies. "Officially" China's economy continues to grow at more than 7%. Be that as it may, we continue to recommend caution. China's national pension fund is unwilling to invest in the local stock market at this time and so am I except for a few special situation stocks. Like other Asian economies, Hong Kong is unlikely to be buoyed by surging US exports. Still, it is worth considering if it retreats under 10,000 again. Despite a far better economy, we also remain reluctant to invest in Taiwanese markets unless compensated for potential "war like" conditions in the future.
KOREA- We have liked blue chip giants Korea Telecomm (KT) and Samsung Electronics (SSNGF). A MAJOR peace dividend is expected in late 2002/2003. Like Taiwan, this is a largely a bet on US technology sector.
INDIA - The most money is still to be made by insiders as recent corruption scandals attest. However, for long term investors we are now recommending computer, telecom and pharmecuticals bargains. IIF or IFN are two closed end India funds, and the best way for US investors to invest (not trade) in India. This is for long term investors into 2004.
AUSTRALIA - We remain mildly bullish for 2002/3, especially resource stocks like BHP.
NEW ZEALAND- Unless you wish to retire in this lovely country, continue to slowly distribute NZ 40 2200 OB if you are there in size.

OTHER- Opportunities for savvy investors ONLY .

ISRAEL - Israel's technology sector is desirable given its highly skilled labor force and favorable tax treatment. However,until recently it has been overvalued and bargains are hard to find. Unfortunately, it is best to buy only when there is blood in the streets, which is now all too often. Buy export quality with the TA 100 Index under 400. Mid 2003 on, this market could enjoy a major peace dividend rally.
RUSSIA - It is now time given the possibility of rule of law for some of the better high risk/high reward opportunities here. Traditionally, this was primarily a bet on the energy sector, e.g SGTZY and TNK. Now high risk investors can buy further afield.
BRAZIL - With crisis, comes opportunity, especially for quality exporters, thanks to the cheap Reais currency. As with most of South America, accumulate on weakness only for appropriate multi-year long term investment portfolios.
ARGENTINA- A 2002 short term trading opportunity for smart money and longer term for multi-national corporate investments.

We continue to recommend caution for most emerging markets unless you monitor them very closely.
Later in 2003, the global investing landscape may be dramatically different.
WSNW subscribers should periodically review our S: AFUND GLOBAL 12 - for our favorite global blue chip long term investments.

II TIMING

Traders believe "Making money in the market is all about Timing". The "Buy And Hold" climate we've had in the US stock market is long PAST HISTORY. Since 2000 it is now a "Market Timing" and “Stock Picking” environment. Markets reward best stocks that have Value AND Growth. However, market strategies will need to change as we look forward to the last Saturn opposition to Pluto in May 2002 and June Solar Eclipse, to be replaced by a series of Jupiter-Neptune oppositions starting September 11 2002. Short term corporate profits disappointed on the short side due to ruthless competition for much of the first half of 2002 Now corporate profits for well managed and sufficiently capitalized companies may rise dramatically!

Despite the fact that we do live in interesting times, short term we repeat last year's mantra:
VALUE plus GROWTH IS BEST and Trade for short term profit 15-25% moves.
While "boring is good" or "dependable value" will shortly no longer outperform, we still see Old-line technology companies such as Boeing (BA) IBM, Rockwell (ROK), Hitachi (HIT) and United Technologies (UTX) as safe havens, and generally to outperform in Q3 and Q4 2002.

SHORT TERM
We will be finishing the final pass of Saturn opposite Pluto that began August 5, 2001 on May 26, 2002 and the June 10 Solar Eclipse.

For bankruptcy attorneys and mortgage refinancing lenders the best times are ending. Look to companies that will benefit from an improving economy in Q3 2002, rather than the current tough economic conditons.
OPEC withheld supply due to Oil "glut" from reduced demand as we forecast. But this will change midyear as security and defense move off center stage. Halleluiah!

We WILL have a slow economic recovery into 2003. However, public enthusiasm to spend, spend, spend will be subdued until job uncertainty is removed.
Our GDP forecasts for H2 2002 are 2% growing to 3% in H1 2003.

The current Zeitgeist is MIXED and CHOPPY. This means stock and sector rotation will count more than stock market timing! We see an intermediate term bottom in place before June 20, 2002.
Our Advice is step in buying this week and next month. We will be fully invested by the end of June.

INTERMEDIATE TERM

The big new paradigm will be the three passes of Jupiter opposing Neptune beginning September 11, 2002 and ending June3, 2003. On 9/11/2002, we have predicted a major (200 point?) rally to celebrate the strength of the US resolve in the global war on terror.
Nasdaq is likely to both outperform AND underperform the DJIA depending on which months you are looking, i.e. more Traders Heaven.
May 2002 will be a pivotal month marking the beginning of the next market cycle.

Jupiter will oppose Neptune beginning September 11, 2002 and ending June 3, 2003. Obviously this will be good news for both the biotechs and drug industry as well as for gaming stocks. Also look to travel (cruises), natural gas, wind power, leisure, media and entertainment sectors to outperform.
Jupiter going into Leo August 1 will also cosmically assist the entertainment industry. Expect solar energy and fuel cells to begin to get more respect as they are targeted for mainstream America in 2004. It is an open question whether it will be American companies or foreign companies like BP, Kyocera and Sharp that benefit most. President Bush: are you listening?

We note both the total Lunar Eclipses in 2002 of May 16 and November 9 as well as the Solar Eclipse of November 23, 2003 as also pivotal to certain countries economies. The importance of the December 4th Solar Eclipse will be discussed in our 2003 Market Forecast..

Bush Progressed Mars into 2003 prominent, expansion on the war on terror.

ADVICE: TAKE/PROTECT PROFITS OVER THE SUMMER AND SELL INTO THE OCTOBER 2002 RALLY.
LEARN THE MARKET LESSONS OF 2000, BECAUSE THEY WILL REPEAT BY 2003.

LONGER TERM

This is followed by one pass of Jupiter/Uranus in August of 2003, by which time electronic companies e.g. MC, SNE, Samsung and PHG will be in heaven thanks to increased home theatre sales, flat panel TVs and eventually HDTV. Also around this time, interactive TV and Video on demand will begin to develop more widely, obviously helping AOL and MSFT, as well as others (tba). However, we will also see in 2003 Saturn activating the US Sun.

December 2007: Jupiter will be conjunct Pluto. The low point of the nodal cycle is reached in 2008. This will be followed by Jupiter conjunct Neptune in 2009 and the next epic shifting planetary configurations in 2010/2011 of Jupiter conjunct Uranus AND Jupiter opposition Saturn!

III SECTORS

Over time, sector based investing is replacing country based approaches to global investing.
Our three favorite post millennium themes remain: Hydrogen/Solar, Robotics, and Wind/Water (2002/2003).
The old themes of Technology, Communications and Health Care will still matter naturally.
See Sector Coverage for 2002 Relative Sector Weighting updates.
WSNW subscribers: please note we update our 7 favorite 2002 industry sectors on our premium Silver posting area: S:COMMUNICATIONS , S:COMPUTERS , S: ENERGY , S: HEALTH CARE , S: MINING , S: REITS , and S:TRAVEL .
Additionally, 2002/3 favorites sectors include:

Aerospace
Education
Entertainment and Media
Exploration, Gas and Successor Energy
Finance
Gold
BioTechnology and Pharmeuticals
Water and Wine
Leisure & Travel

DOWNGRADE:
* Defense

Things that go boom will no longer boom with as much bang. Over the next 30-60 days sell or reduce defense holdings. Exceptions should be made for our three favorite aerospace companies: Boeing (BA), Bombadier (BBD.A-TO) and United Technology (UTX) as well as Choicepoint [CPS], which is also an information/communication/insurance/ immigration play.
If Bush is "the education" president, this sector will continue to out perform. We are hopeful. Unfortunately this sector remains overvalued. Our two favorite picks would be Apollo (APOL) and ITT Educational Services (ESI) upon weakness.
Jupiter entering Leo August 1, 2002 should help the entertainment sector. Obviously, this includes a large variety of stocks. Electronic Games such as Activision (ATVI), Acclaim Entertainment (AKLM), Electronic Arts (ERTS), THQ (THQI) and AFUND client Tremor Entertainment (TROR) is one way. The big four electronics companies, PHG, MC Samsung, Sony are another. Select Media stocks, e.g. Disney (DIS) and Yahoo (YHOO) are yet another
Select Diversified Energy companies, such as BP and Norsk Hydro (NHY), are good long term bets. Solar Astropower (APWR) will offer more than 30% growth annually. Similarly, Japanese companies such as Sharp (SHKAY) and Kyocera (KYO) are partial plays of the solar sector. Fuel Cell companies should be watched even though they will not be profitable ventures until 2004/5 at the very earliest. We also continue to look for opportunities to trading: buy older energy technology companies after big dips, such as Sun, VLO, Parker Drilling (PKD), Pan Canadian Energy (PCX), Sucor (SU), BP, MIR, and RD. Among gas producers: Anadarko Petroleum (APC) , Devon Energy (DVN) , Burlington Resources (BR), Hanover (HC) and EnCana (ECA). Apache (APA) is one play on both Oil and Gas.
While banks, finance and insurance companies will suffer from extensive personal and corporate loan defaulting, some with well managed risk portfolios will outperform due to plentiful cheap money. Insurance companies are likely to out perform banking and stock market stocks. The post 911 reality of higher premiums plus increasing demand = higher profits. What to buy? Depending on When you buy, it would be the cheapest of our following favorite companies: Citibank (C), American Express (AXP), AFLC (AFL), AETNA (AET), Metlife (Met) and North Fork (NFB).
We increasingly find GOLD attractive. Our forecasts are $325 in 2002 and $350 by 2003. It is also a good patriotric US dollar hedge. We recommend PDG short term and ABX or NEM longer term for core holds in conservative portfolios.
Our favorite drug stocks is Pfeizer (PFE). The best biotechs to buy are those with revenue generating products increasingly close to launch. The easiest way to play this sector is to buy a basket of 20 with the Merrill Lynch Biotech HOLDRS (BBH). We recommend buying 94-100 and have an intermediate term target above the 52 week highs of 144!
The number three and fastest growing beverage is Water. Some industry analysts predict bottled water will overtake cola in the next two years. North American bottled water grew 30% last year and is projected to grow 20% annually for the next five years. Big Euro food groups, Dannone [DA 12%] and Nestle [NSRGY 37%], own the largest brands and remain conservatively profitable. Pepsi (Aquafina 13%) and Coco-Cola (Dasani 12%) are also large players. However niche players like Vermont Pure (VPS) and microcap ICBG are also worth watching and drinking for the other 25% market share. German RWE and French SUEZ and VE for serious water works. American Stat Water (AWR) is a good domestic alternative in conservative portfolios. VCO, MOND and FOSTERS (FBRWY) are potential "Peter Lynch" beverage choices for heavier drinking investors.
WSNW subscribers please view S: Travel .

IV STOCKS

Having my Moon in Libra, my Stock Selection is both:
TOP DOWN: country/currency, bourse/sector, individual stock and
BOTTOM UP : strong astrological and/or fundamental/technical indications.

I like to begin with one or more of the following 3 criteria:

A: CASH RICH, not stock rich (Survival of the Fittest)

B: UNDERVALUED

C: GOOD HOROSCOPE or in upcoming COSMIC SECTOR Theme:

1) Jupiter in Leo
2) Jupiter Opposite Neptune (2002/3)

Please note our current favorite trading strategy has been buying pre and post news pops due to companies slightly outperforming repeated earnings downgrades. This Spring/Summer our favorite strategy will be buying quality undervalued stocks that have just fallen out of bed, e.g. DYN, HAL, TYC, V on bad news/sector association-our old fallen angel strategy- recycled for short term positional trading..

BUYING FOR THE LONG TERM (May/JUNE 2002 on) a 2/3 or 3/3 mixture of
1) BUYING CASH RICH LEADERS
2) UNDERVALUED AND UNLOVED
3) ASTROLOGICALLY FAVORED STOCKS AND SECTORS

Our first choice are cash rich global blue chips. These are companies that can prosper by gaining market share and buying "cheap" assets during an economic slowdown over small and midcaps. These are companies that tough out the near term and become far stronger in the long term. Our game plan is to invest conservatively, but due to recent high market volatility and increasingly compressed market cycles, we now advise trading all accounts more actively- an average of 25% of portfolio holdings. Intermediate and longer term European (and Asian) stocks will NO longer rise and fall fully in sync with US markets! This will happen more when the US dollar is generally recognized to be in a secular decline.

Six selected Investing themes follow. For more and updates, WSNW subscribers may visit our AFUND premium channels

1. Expect a further drop in US dollar of 2-6%, select Country I-Shares or Webs) or Foreign Blue Chip companies:

Netherlands (EWN) : Euro strength Unilever (UL), Philips (PHG), Royal Dutch (RD), Aegon (AEG) and Ahold (AHO).
Japan (EWJ): Yen weakness - Hitachi (HIT), Matsushita (MC), Sanyo (SANYY) Sony (SNE) and Honda (HMC)
Canada (EWC): $CD strength - Inco (N), Placer Dome (PDG), Sucor (SU), Celestica (CLS), and Sun Life (SLC).
France (EWQ): AXA, Dannon (DA), STMicroelectronics (STM) and Videndi (V)
United Kingdom [EWU] : BP Amoco (BP), Cable and Wireless (CWP), Elan (ELN), GlaxoSmithKline (GSK), Pearson (PRSNY) and Vodafone [VOD].
S: AFUND GLOBAL 12

2. We always prefer undervalued stocks, especially if coupled with a yield greater than the classic value buy signal of 5%, such as Utilities like ConEd (ED), Scottish Power (SPI), Host Marriot (HMR) or the best named REIT WRI (Weingarten Reality!).We also recommend stocks that are at least 20% undervalued, which have an added bonus of being potential M&A acquistion candidates. Currently our favorite out of favor stocks are Biotechs (intermediate term) and Telecom (long term). Recently, we played the travel industry, oil and energy sectors for this investing theme.

3. S: DJIA FAVORITE 2001 stock, i.e.hold/buy on an intermediate-long term on a relative basis was IBM. We bought and sold it twice in 2001 and once in 2002. It will be so again in 2003, so we bought it again this Spring for the longer terms. We expect continued modest consolidation and performance of Dow Stocks and Diamond Index (DIA) for most of 2002. Once again, most Blue Chip stocks will still have to be traded, not "buy and held" for much better than single digit returns in 2002. We would look to buy on weakness Dupont (DD), International Paper (IP) as well as American Express (AXP), Boeing (BA), Citigroup (C), General Electric (GE) and United Technology (UTX) over the next month.

Microsoft (MSFT), while a cash machine, is both over valued and poorly managed. Negatives include the lack of exciting new products. We advise selling on strong rallies.
Disney will benefit from Jupiter in Leo. It is a trading buy under 22.
Johnson and Johnson continues to be rated an outperform.However, unlike GE, it has yet to retreat to a semblance of cosmic value.Until then, we continue to admire it from afar.

4. MEDIA AND ELECTRONICS: PREPARE TO PROSPER
These are our two favorite sectors to buy and hold into 2003.
Our Consumer Electronics choices are: SONY [SNE], SAMSUNG, PHILIPS [PHG] and Matsushita or Panasonic [MC]
Five Media brands to accumulate on weakness are: AOL, Disney (DIS), NY Times (NYT) Yahoo (YHOO) and Vivendi (V). All have strong potential growth in Q3 2002 on with increasing advertising revenues. Two other tradeable picks in this sector to watch are Clear Channel Communications (CCU) and FOX.

5. FUTURE TECHNOLOGIES
Even before we became one of the first apple dealers in NYC, we historically have liked betting on emerging technologies. This we recommend doing in a basket of stocks, and not paying too much of a premium over value for longer term holding in contrast to new related trading. WSNW subscribers can surf our P: FUTURE TECHNOLOGIES post.
Our current three favorites sectors are:

APPLIED ROBOTICS: e.g. Int. Hi-Tech Industries (IHITF)* and ?
BIOTECHNOLOGY: e.g. BBH, IBB or Amgen (AMGN), Given GIVN, Genta (GNTA) and Imclone (IMCL). The small micro cap and even more speculative choices we watch include Celsion (CLN), CALY, ENVG and STEM.
SUCCESSOR ENERGY: e.g. Astropower (APWR) Nuvera (IPO: NVRA) and ?

*6. AFUND CLIENTS
Business Astrologers know that the best way to predict the future is to create it.
With strong Disclaimers and with an obviously biased view, I am doing my best to help create investor wealth for client companies we now consult for including International High Tech Industries [IHITF] , Mountain Province Mining (MPVI) and Tremor Entertainment (TROR).

SinceMay 2, 1988 I have established a superior forecasting record primarily due to my knowledge of financial astrology. While not perfect as some critics would demand, my precision and accuracy is appreciated by many professional traders and investors. As more of our forecasting is now private and contracted to money managers and institutional investors, it is my intention to have other financial astrologers and money managers contribute more on myweb site in the future.
Latest sample performance figures at AFUND Performance .
Henry Weingarten

(c) 2000, 2001, 2002. Please read our Full Disclaimer :
The Astrologers Fund. No part of this report may be reproduced or distributed in any form or by any means, except for brief passages quoted for review without the prior written permission of the publisher.
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