1. MARKETS
2. THIS AND THAT
3. COMPUTER STOCKS
4. ON THE WEB
5. LETTERS
1. We have put our 2001
Market Forecasts up on website for subscribers.
Non-subscribers will be able to view this information on our web site
January 1, 2001.
By next Tuesday, we plan on finishing the second third of our 2001 market
buying.
Remember: BUY VALUE plus GROWTH.
Key Date: November 20
DJIA: Buy 10500 OB
NASDAQ: Buy 2800-3000
2. Staples (SPLS) upgraded from an under perform to a hold.
Hewlett Packard (HWP) upgraded from a Sell to under perform.
National Semiconductor (NSM) upgraded from an under perform to a Buy.
3. “Just as stocks with 200 P/E are taboo now, so too will the 100 P/E
stocks be next year.
Obviously this eliminates many technology stocks. Furthermore,
old-line technology companies such as IBM, Rockwell (ROK), Texas Instruments
(TI) and United Technologies (TUX) will generally outperform as investors
look increasingly to VALUE (Remember the Jupiter and Saturn conjunction
last May) with GROWTH, TMT (Technology, Media, Telecommunications) stocks
included….
When the IIX broke 400, we raised our rating on Internut stocks from
“Dump” to “Sell”. This will remain in force until Yahoo reaches 33 or the
Fall of 2001, whichever comes first….”
Please read more at HI-TECHNOLOGY
WINTER/SPRING 2001
4. VALUE
INVESTING WITH A TWIST
HW: We agree with the approach, although not necessarily with their
stock picks.
5. READER: I've been a fan of Arch Crawford's for years.
He started out LONG (like you) on Friday AM then went SHORT...on Friday...for
a big down day on Friday and is fully SHORT going into Monday. You
went LONG on Friday and into Monday (Nov. 13th). Here you are:
2 great Astrologers with technical analysis backgrounds...at opposite poles?
Do you ever consider what he says in his hotline as a way of validating
your position?
HW: No, I do not. This is because I find other trading opinions confusing,
not because they are not right. I do listen to other opinions for investing.
I work within a system that I have developed over many years. It will at
times be wrong, but with a risk/reward and probability that over time wins.
I have stated that until November 15, there is significant market risk.
As a trader, despite the risk, I recognize significant opportunity in going
long. As for CPQ, DELL and IBM, we went long earlier AND later.
They made money on Monday and much more on Tuesday.
READER: I notice you never mention mutual funds in any articles.
Can success or failure not be gauged astrologically by inception date?
As a senior, I'm not considered an active trader, opting for the diversification
in MF. I know Morningstar rates almost all funds, however, ratings
are usually based upon past performances. Have you done anything
astrologically with respect to future successes in MF?
HW: Yes one can, but I don't cover mutual funds, since I am a money
manager myself and just watch stocks and sectors. If I were simply a newsletter
writer I would. However, I am over worked as it is. I did astrologically
research Mexican funds in 1995 to confirm my forecasts for the two Mexican
crises. Since you are not an active trader, I would suggest our silver
subscription, which is $300 for one year or $500 for two years.
READER: You mention AT&T being in a good position astrologically
in February, what about ATT Wireless as none of these mergers or acquisitions
are going through?
HW: When it gets cold, i.e. mid-winter, they will be more successful.
READER: At your New York seminar, Rebecca mentioned at the podium that
gold would rally in December (next month). She said that is would
be $50 higher than the present price, which I believe, was around $275
at that time. Any thoughts on the direction of gold for the remainder of
this month and next?
HW: The risk/reward for gold is positive given our intermediate term
view of the US Dollar and gold’s positive seasonals. Negatively,
there may be a lot of year-end tax selling in gold stocks.
READER: Do you expect a rally to start Nov. 20th? Or should we
stay aside and see?
HW: The rally started yesterday [Monday]. However, the 20th is
MORE likely to be a down day and another opportunity to buy for Christmas.
READER: I agree with you 100 % - The Floor is in. Time to start buying
your choicest Stocks on the NASDAQ in the Computer Industry. I also fancy
COMPAQ. IBM and DELL also look good at the present valuations.
HW: GMTA.
Beginning 1/1/2001: Gold will be $1500 one year, $2500 two years
and $500 quarterly.
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Subscribers please send your comments, questions and suggestions to
Letters.
Silver Investing subscriptions $300 one year; $500 two years; new subscribers
3 month $99.
Gold trading subscriptions $1000 one year; $1500 two years; $300 Quarterly.
Beginning 1/1/2001: Gold will be $1500
one year, $2500 two years and $500 quarterly.
Platinum edition for money managers $5000 per year; $7500 two years;
$1500 quarterly.
Institutional rate is $2500 per month.
"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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