PLEASE NOTE the cost of “market insurance”, i.e., Silver subscriptions to WALL STREET, NEXT WEEK will be increasing 20% to $360 annually.  Current and prospective subscribers can lock in the old rate of $300 for one year or save 44% by paying $500 for two years until International Astrology Day (March 20, 2001).

1. MARKETS
2. UP STARS/DOWN STARS
3. ASTRONUT
4. TRADING ADVICE
5. QUOTES
6. ON THE WEB
7. LETTERS

PROFITS MATTER MORE THAN PROMISES
Slowly, a core message of the Jupiter-Saturn conjunction of May 2000 is being digested: Profits matter more than promises. But until fully swallowed, we will continue to see volatile market sector rotation between the "old economy" DJIA blue chips and "new economy" Nasdaq 100.  The old Internut crowd will be foaming about future technologies such as Fuel Cells, Biotechs, and Robotics.  It is very hard to teach an old dog new tricks.

What to buy for the long term depends to a large extent on whether the US is going to have a soft or hard landing.  We will KNOW the answer when Saturn opposes Pluto in August. In the meantime, we will slowly begin (again) to raise cash and eliminate remaining margin to allow us to trade long the one, two or three more Big up moves of 2001 on our planning calendar. Stock valuations will drop further late Spring when investors once again seek lower-risk investments to wait out the recession. In 2000, there was no large exodus from the stock market: THE PLACE to put your money.  Will that be true in May 2001? Don’t bet all your life savings on it.

Cosmic Note: February 3 Mercury goes SR; February 25 Mercury goes SD.

KEY DATES: February 5, 8
DJIA:  11,000 Floor/Ceiling Test
NASDAQ: 2800 Pivot

2. Wouldn’t it be nice to buy and hold a ONE DECISION stock like Microsoft and GE used to be?  I would love to find another winning stock like IBM for 2001/2002.  At least for speculators or dreamers we do have IHITF. February is seasonally a good time for this company’s stock price.  We re-iterate our highly speculative, aggressive growth buy on this company. Again: Seven-month target on this “non-expiring” option is $3 or $5.

WSNW Subscribers can review past 2001 UP STARS/DOWN STARS ratings.
Astrologers Fund, Inc. | UIT 2001 exceeded our 2001 Target of 28% last week.

3. The German government is planning to destroy 400,000 heads of cattle by midyear to stem the threat of mad cow disease.  Given that Saturn remains in Taurus until late April that makes cosmic sense.  No wonder the health food industry is booming.  Still, Macdonald’s will benefit from the upcoming Jupiter in Cancer along with select restaurants and canned foods.  If you like to eat dead cows, under 26, MCD is a long term buy along with HAIN.  Note: McDonald's and computer maker Compaq Computer have developed a computer system called "McMagination" so that kids can play the latest video games in McDonald's restaurants. Another reason CPQ with our short term trading target of 26-27 is a long term outperform.

DRINK MILK? Anastasios Maniatis, a bank manager suspected of embezzling funds to cover losses by clients in Athens' plummeting stock exchange, recently killed himself by drinking milk laced with pesticide. Hundreds of thousands of Greeks, known as the "trapped ones," lost money when the exchange plunged from a record 6,300 points in September 1999.  We are pleased to be on record as having a major sell on the Greek Market at 6000+. But that was then and this is now. Now that the Athens General has held 3000 for almost two weeks, we are issuing a first speculative buy to 3800. Can you afford NOT to have financial astrology in YOUR future?  If you are Greek, the answer is clearly NO!

4. If you are an experienced trader, you will know how to immediately benefit from Wall Street, Next Week and our Daily Market Commentary.  For newbies, we recommend avoiding the following all too common six beginner misteaks:

1. Our advice is NOT a substitute for doing your own work. The best results, i.e. most profitable, are when our trading recommendations and your own or another market guide agree.
2. Unless you are running a 10 million dollar plus hedge fund, you will not be able to do all our recommended trades. Trade those instruments/stocks that are you are comfortable with.
3. You may wish to begin with practice trades, rather than using real money on some or all of trading the first month. If needed, take some classes or read some books or magazines on trading.
4. As a general rule, no more than 3-5 open trades at a time are a good idea.
5. Know in advance your exit strategy, both if you are right AND if you are wrong. The latter is more important.
6. Use prudent money management and capital preservation.  Never let one or two losing trades take you out of the game.

According to IBD, the six worst mistakes an investor can make are:
1. Not being disciplined and failing to cut losses at 8% below the purchase price.
2. Purchasing low-priced, low quality stocks.
3. Putting money in options, futures and other volatile securities.
4. Fighting the trend of the general market.
5. Not following a system or set of rules.
6. Letting emotions or ego get in the way of a sound investing strategy.

5. "There is nothing that shows that equities are near a bottom."
Sadakichi Robbins, head of global fixed-income trading, Bank Julius Baer
HW: Perhaps this Spring?

"I put together the birthdays of Greenspan, George W. Bush and the stock market and found common points, which are February 4 to March 5 and May 5 to July 7. These months will be fortuitous for the markets and bring good luck.
Y.C. Sun, SF Chinese Fortuneteller
HW: Hope you are not looking at the first time period upside down as Mercury is RX until the 25th.

6. Wonder why markets these days are so volatile?  Buy (or sell) $50,000 at market opening and watch yourself win or lose many thousands of dollars every hour in the futures markets. PFG/BEST Simulated Trading Program is a free (for 30 days) futures account with $50,000 that only allows you to day trade (no overnight holdings) in this reality game.  You will better understand why markets reverse intraday so frequently.
Warning: The odds are 90% that inexperienced traders will lose, some if not all, of their trading capital in the Futures markets.
We only advise real futures trading after very extensive study and practice - no kidding!

7. READER: In your Forecast for 2001 [AFUND 2001 Stock Market Forecast] you mention that the range for the NASDAQ will be from 2200 to 3880.  When during the year will these highs and lows occur?
HW:  One of the two “high periods” is this month.  One of the three “low periods” is May.

READER: Could you give me an update on your energy portfolio, in particular Transocean?
HW: With the third pass of Jupiter/Pluto in May, followed by Saturn/Pluto aspects August to May
2002, we expect changes in the energy sector. Despite being overpriced, drilling companies such as RIG should outperform short term. Still, I would have profit stops in place, given its unacceptable PE of 89.
WSNW subscribers can visit our updated ENERGY 2001 posting for more information.

READER: I see your strong speculative buy on CLN with a May target of 5 - 8. However, you also advised selling the post rate-reduction rally.  Are you saying that CLN should be held during this next down draft?  (CLN 1.72 as of this writing)
HW:  We are.  First of all, this downdraft will be followed by another rally. Second, when we issue a sell, that means increasing cash, or adding protection via profit stops, covered calls, shorts, buying bear market funds etc., NOT heading for the hills with a machine guns and three years worth of canned goods! J

READER: Explain the difference, other than price between your S/G/P services.
HW:  I must be doing a terrible job of explaining this as I am constantly asked this question.
Essentially, the question is whether you are an investor, trader or money manager.
If you are an investor that would appreciate a selection of good stocks and major times to be in and out of the market, our silver edition and premium posts is right for you.
If you are more a trader and need a frequent market pulse and would appreciate a selection of high probability R/R trades, then our gold edition with its daily market commentary is helpful.
If you are professional money manager who would like periodical reviews of current and prospective major positions and would like to increase profitability while reducing risk, then you should be a platinum subscriber.
Note: Gold service includes Silver and Platinum services include Gold.

READER: Re: “ Remember that one out of twenty one times- this makes twenty two.”
The one time was in 1929.  The market traded higher but ultimately went lower, bottoming in 1932.
HW: What makes you think the economy is better this time?
Of course the current odds are less than 20%, but may grow – April and August will “tell the tale”.

PLEASE NOTE the cost of “market insurance”, i.e., Silver subscriptions to WALL STREET, NEXT WEEK will be increasing 20% to $360 annually.  Current and prospective subscribers can lock in the old rate of $300 for one year or save 44% by paying $500 for two years until International Astrology Day (March 20, 2001).
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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.
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Platinum edition for money managers $7500 per year; $2500 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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