In 2000, we prefer European stocks to American for three reasons:
(1) 15% currency appreciation versus US$ within 12
to 24 months,
(2) On a relative sector basis, European stocks are far cheaper, e.g. UL is 18 vs PG at 43 and
(3) Investing among the public is in an earlier growth stage with more potential.
Why Holland? Within Euroland, the Netherlands historically is best prepared
to prosper within a borderless European trading zone. Furthermore, we find
HOROSCOPE CONFIRMATION of this view top down: first looking at the
Dutch Stock exchange, then viewing the individual charts of Phillips, Amro
Bank, Unilever etc.
Open (run) this Flying Cow Screen Saver (483K) and watch a few minutes.
For a daily forecast of some major Dutch stocks and the Dutch, American
and Japanese markets,
visit THE MARKET FORECAST by the Dutch Financial Astrologer Truce Thier.
Unilever: UL - Good "Defensive" stock and a far
better value than PG - PE 18 vs 43.
ABNAmro: AAN - Given "dangerous times, we prefer it to its more aggressive rival (an old favorite) ING Bank.
Philips - A turnaround story, and it will continue out performing in consumer electronics
Reed Elsevier -The worst seems to be over here.
I wish to make very clear the following point:
While Holland is my favorite Year 2000 country, I would NOT be rushing to put fresh money there TODAY except on a selective basis. Many Dutch stocks have relatively little upside potential such as Ageon (AEG) that we warned about in our 1999 Holland report. We will buy them AFTER corrections or alternately, trade in a hedged manner, e.g. Buy UL/Sell PG.
For our recommended timing and best price for each purchase as well as 2001 price targets, Wall Street, Next Week subscribers should goto our premium channel post: AFUND DUTCH 12.
Non-AFUND clients who desire
a simple and highly conservative way to buy into Holland may wish to investigate
EquiFund Netherlands Mutual Fund (WENLX). While this has been
an underperformer in 1999, it is now focused on the right place at the
right time and should do better next year.
Remember always to check with your licensed financial planner or broker before acting upon the recommendations of the Astrologers Fund, Inc. This is just the starting point of your research. and you must carefully investigate before you buy/or sell.
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