1. FEBRUARY ASTRODATES
2. THE FAT LADY IS SINGING
3. A STELLAR PERFORMANCE
4. GOLD AND ENERGY
5. ASTROLOGICAL TRADING
6. QUOTE
7. LETTERS
1. Feb. 5 Solar Eclipse and Chinese New Year
Feb. 19 Sun enters Pisces 3:33a and Full Moon 11:27a
Feb. 21 Mercury Retrograde
2. IS YOUR PORTFOLIO READY FOR MAY 2000?
The total lunar eclipse over Europe and America on January 21, 2000
may trigger a "defining moment" for some the world's major markets. Astrologically
it is in some ways similar to the September 1997 total lunar eclipse all
over Asia that helped trigger the Asian wide Crisis.
This quote is from our 2000
Market Forecasts and to date right on the money as the Zeitgeist changed
January 21.
So far, markets are declining slowly. But will fear take over and will
the drop accelerate? Will the DJIA really stop at 10,500? 10,000?
9500? 8888? 7995? 7001.69? 7001.67?
Are you willing to bet your life savings that newbie investors, who
have been brain washed to "buy and hold for the long term" and have never
experienced a bear market, will NOT panic as the public has done in EVERY
previous market mania?
I NEVER will take such risks for my clients or myself. So dance
by the exit, and be hedged, defensive and/or highly liquid.
THE FAT LADY IS SINGING
In his inauguration speech, Clinton took credit for having fooled people
into believing the emperor was well dressed. Is this not the best of all
possible worlds? Moma, please save me! History will place the blame,
not praise when the inevitable time comes that the emperor is found to
have no clothes.
There was nothing unusual about Coca-Cola announcing Wednesday that
the company would cut about 6,000 jobs from its operations worldwide in
the most sweeping layoffs in its history as part of a cost-cutting campaign.
What got the Big Moma to start squealing was that Amazon.com announced
Friday it was laying off 150 people, the first time the leading online
retailer has reduced its work force.
Surprised? Why? Where is the beef i.e. profits in most dot.coms? You
can not fool all the people all the time.
Value investing will be coming back in style with Jupiter/Saturn this May. Investors could be happier owning a fallen angel like Laidlaw (LDW) trading at its lowest level in more than 12 years and a possible February Stock of the Month Club pick after there is "blood on the street." Internuts disagree and believe that Nasdaq will JUST go back up and Up and UP. Sure, when pigs fly AND there is no inflation.
Key Dates: February 1/2, 5
DJIA: P1
10,500 P2 10,240 P3 10,000
NASDAQ -> 3600
EURO: Long Term
Accumulate
3. We are not unhappy that the AFUND Client Group returned over 200% in January. For this reason, the majority of our questions this week are on these companies. Of course, this was January and therefore time for the January effect small cap stocks. How long will it last? Whether to buy more or to take profits depends on individual investing and trading objectives, bull or bearish market views as well as individual company progress. All AFUND price targets are revised continuously. Periodically, we post them but not necessarily in real time or for non-subscribers at AFUND CLIENT 12. Personally, we always recommend COSMIC VALUE: market timing plus solid fundamentals and technicals and/or a good timely story. As always, prudent money management and independent professional advice is advised.
4. A knowledge subscriber writes: "Dollar projections very bullish and
negative for gold unless if gold rises in all currencies.... My timing
work for gold and XAU [warn] if these instruments are not up Monday I would
get out completely as there is a valid case for gold going to $235 by May
if dollar index rises to 112-113.
HW: Not to worry, over time the Yen will fall, the Euro will rise as
well as Gold. And even if it doesn't, I believe that is the smart way to
bet. See the newest article by John Hathaway, fund manager of the
Tocqueville Gold Fund: Rich
on Paper for some of the reasons we are raising our precious metal
allocation 5% in a number of our client portfolios.
WSNW subscribers can view our intermediate/long term views of the Energy Sector at our AFUND Energy Forecasts
5. From Sunspots
and Market Activity by Jeffrey Owen Katz, Ph.D., and Donna L. McCormick
"Sunspot activity appears to have a real effect on some markets. As
with the lunar cycles, this influence is not always of sufficient strength
or reliability to use as a primary element of a trading system, although
the system for wheat might be worth including as one of many Systems in
a trading portfolio. Of course, it seems as though it would be worth exploring
other markets for these effects, as some markets may respond more strongly
to Solar and lunar rhythms than those we examined.
Solar or lunar influences may not directly determine the course of market
events; instead, they may act as triggers for events that already have
a possibility of occurring, or as synchronizers of already present market
rhythms with similar periodicities...."
.
6. "The time when nobody cares about fixed-income is precisely the
time when you ought to care about fixed-income.''
Joan Batchelder, bond manager MFS Investment Management
HW: That time is "coming soon".
7. READER: I plan to buy some WAMX. Could you inform me more about
their fundamentals and financial position, e.g. what is their cash position,
what about their management, do they have people like Stox in charge with
lots of experience and when are they about to launch their system and who
will be their prospective business. Will you do astro analysis on WAMEX?
HW: We do astrological analysis on ALL our client companies as part
of our due diligence. However, in such insane, fast, manic markets,
we often take starter positions on fundamentals, technicals or gut instinct
alone. In the meantime, we will be posting the astrological data for WAMX
and UNDR with more to follow so readers with more free time than I have
can do their own financial astrological analysis.
READER: Is IHI now taking orders and approximately how far away is their
ordering of robotics?
HW: Order taking has never been an IHI problem - order fulfillment
has and will be the key. Their placing orders for robotics is long over
due. It could be tomorrow, next week, next month or ? On a positive
note, like computers, the cost of robotics is decreasing, while the quality
is increasing. This will be a great benefit to applied robotic
companies like IHITF. Our IHI report will be posted shortly.
READER: Do you think it is appropriate to buy STOX [V.URL] today at
its current price level? [I see it] as a high risk investment with a potential
far more than a double. [I believe] if we value Stox with possible competitors,
they should trade not at 12, but between 20-30.
HW: You are giving my 2001 price target. If you are asking if
STOX is a better value at 12 than their sector competitors, the answer
is most definitely YES. If you are asking CAN they trade to 20-30
this year, the answer is also Yes, it is possible. From a cosmic
value view, a stock price greater than 12-15 is expensive, but far cheaper
than their competitors. Without question, I would personally much rather
buy and hold shares of Stox.com than an equivalent amount of almost all
the big name dot.coms - AOL, Yahoo, Amazon etc. Our new AFUND report
will be posted shortly on our web site.
Reader: I am interested in the birth date of DCHT.... What do you see
for them between now and May? Also, what is your opinion of the Fuel Cell
industry short or long term?
HW: The birth data of DCHT is posted at DCHT
Part III. All Fuel companies are ahead of themselves as real
profits won't be seen until 2002-4. Of course, there are great advantages
to being first to stake out your turf. Price wise, it is analogous
to the gold sector. Stock prices rise upon discovery, then a pause/pullback
before another rise upon production. Our view of DCHT between now
and May will be posted on our web site February 1.
READER: LU will need several positive quarters now, to prove to the
street they are on track. Lu could see 30s is unfortunate.
Their COB looked really dismayed as he said they had not geared up enough
for the last quarter's demand and that other competitors had actually taken
market share away. Only diehards keeping it afloat for the moment,
even with its superior technology, you got to be ready for the "demand"
these days, which is hefty. How could they have underestimated it
and not known until just before reporting. That is a big no no on
the street, surprising analysts on the downside.
HW: They obviously underestimated demand because either they
don't have a financial astrologer or he/she is of inferior quality to their
technology. I have a dinner bet with a former top Western Electric/ATT
executive and Lucent shareholder. It is that if on January 18, 2001 Lucent
is higher than 65, I pay for dinner at the Russian Tea Room; if lower,
he pays.
PS When I sold Lucent stock late last year, this was questioned by
some clients. Strangely, none are complaining these days!
READER: What's happening to LDW?
HW: The stock is being hit by both high oil prices and labor shortages.
In other words, it is becoming a compelling AFUND buy for the post Jupiter
Square Neptune world.
READER: What does UNDR do and what are your price targets?
HW: They would like to do EVERYTHING: visit their web site UN
Dollars to see their ambitious game plan. UNDR stock price is close
to reaching our P1 price target of $1. We will be publishing our UNDR report
shortly.
READER: ...Put like that you may as well say 1929....
HW: At our 7th Astrology and Stock Market conference, May 1999, I DID
say that July 99 to May 2000 will be similar, NOT to 1987 but to 1929.
Of course, it may only be like 1972-1974. Either way, fortunes are about
to be made and lost. Can you afford not to have a financial astrologer
in YOUR future?
Subscribers please send your comments, questions and suggestions to
Letters.
"Can you afford NOT to have financial astrology
in YOUR future?"
Stop reading Wall Street, Next Week, last week: YES,
I WANT TO SUBSCRIBE
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