FRANCE

Our webcoverage of France is courtesy of our French correspondent J-F. Richard, Editor of BOURSE ANTICIPATIONS. [Fax (33) 1 60 75 31 80]

Foreign investors may invest and trade France in a number of ways, through Country Funds (FRF), WEBS (EWQ) and individual stocks with ADRS such as AXA, FTE or LVMHY.

Frequently, these forecasts apply equally well to the S&P.500 or CAC40.


Exchange Information

Paris Bourse
CAC40

Abstracted from Bourse Anticipations #49

TURBULENCES OU NOVELLE CRISE?

End of October to mid-November: Correction -10-15% to CAC40 3200/3300.

Longer term: End of November to Mid-January: recovery to 3800/4100?

CAC 40 October 1998 to September 1999 Forecast

CAC40 October 1998 to September 1999

Abstracted from Bourse Anticipations #46

GARE A LA BAISSE!

Beginning of August to Mid-September: Possible Violent Drop: 15-20%!!!

Mid-September to End of October: Probable Recovery: +8 to 15%



Abstracted from Bourse Anticipations #45

INTERMEDIATE TERM FORECASTS

8/10 July to 15/20 September: "Take your profits, the market will progressively decline"

10/30 September: "Up slightly"

20/28 October: "Play to a bottom"

10 to 20 November: "Buy"

Two basic reasons why the market will go down strongly Mid-June to Mid-September:

Jupiter 45 Uranus: This negative aspect (3 months orb)so with exactness on 24 June and 4 September.

Saturn square Neptune in Aquarius exact 25 June and 1 November.

More reasons:

End of June/Beginning July: Mars Square Jupiter July 2, preceded by 135 Uranus.

Mid to end of August: Mercury stationary and opposite Uranus (6 degree orb). Mars opposition Neptune August 20.

Beginning September: Mars in 135 Jupiter and opposite Uranus. 


Abstracted from Bourse Anticipations #44

!!! DANGER !!!

Long Term: Mid-June to Mid-September: Potential -15-25% 3800/3400 points.

Short Term: Potential +10 to -8% CAC 40 end of June 4200/3900.

May 25 (27 May, 2,3,8,9 June) to June 10: Ultimate acceleration UP

June 10 (10/15/16/17/18) to June 19: Beginning Possibly soamewhat lower

June 22 (24 June to 8 July) to July 9: Strong acceleration DOWN


Always to check with your licensed financial planner or broker before acting upon the recommendations of the Astrologers Fund, Inc or its associates. This is just the starting point of your research. and you must carefully investigate before you buy/or sell.
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