SUMMER ALERT - PART I
Having called a local top in the markets for May 23 (almost reached June 6, our second short time ) our next date of interest is July 8. Many financial astrologers prefer July 3- with Jupiter square the Nodes (and Federal Reserve meeting), and are bearish but I believe the 8th will start the summer markets. Having been comfortably bearish this month on fundamentals, technicals AND astrology, we are very mildly bullish over the Summer. Rather mildly, because I am still bearish on fundamentals, however, we will generally be trading BOTH the long and short sides-- for example apple from 12 would be nice. or IOMG at 10, although just for a SHORT upside move , but will hedge with appropriate short futures i.e. Long selected stocks/short futures.
Our year long mantras BUY IHI/Sell Netscape and BUY AQXA./Sell IOMG will remain. See Part II for more detailed comments We are writing a new book on TRADING BY THE STARS and will be happy to receive your questions on same. Cheers.
DISCLAIMER: PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE FORECASTING ACCURACY OR PROFITABLE TRADING RESULTS. The Astrologers Fund Accepts No Liability Whatsoever For Any Loss Arising From Any Use Of Its Report Or It's Contents. The Astrologers Fund Or Its Clients Usually Holds Positions In The Stocks and/or Market Instruments Mentioned And May Buy Or Sell At Any Time Without Notice. This Information Is In No Way A Representation To Buy Or Sell Securities, Bonds, Options Or Futures. ALWAYS CHECK WITH YOUR LICENSED FINANCIAL PLANNER OR BROKER BEFORE BUYING OR SELLING ON THE RECOMMENDATIONS OF THE ASTROLOGERS FUND.