WALL STREET, NEXT WEEK

Financial Astrology for successful investors and traders"   
 
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WALL STREET,   NEXT WEEK: June 11 2001
FINANCIAL ASTROLOGY FOR THE SUCCESSFUL INVESTOR AND TRADER

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

A-B-C-D-E DAY MARKETS
There is plenty of reason to be manic or depressive about June markets.  Naturally, this makes for greater trading paradise.  The last important A [Alan]- Day is coming shortly. Thereafter, comes B [BEAR]-Day, with C, D and E Day following.  Be prepared to raise cash levels and trade more.

THE EMPEROR HAS NO CLOTHES
“Inflation is not a significant problem,'' according to Alan Greenspan. It is a useful myth, but one that sooner or later will be shockingly broken (on D-Day).  My mother does not believe it.  My wife does not believe it. On Tuesday the day of the full Moon, the price of my morning buttered bagel with coffee increased from $1.99 to $2.15.  When I informed the cashier that Alan Greenspan said that business would absorb prices increases, rather than pass them on, he was unmoved and said: “$0.15 more please. NOW I know the truth and don’t believe what Alan said either. 

HOW LONG WILL NASDAQ 2200/DJIA 11,000 BE INTERMEDIATE TERM SUPPORT?
There are no “guarantees past B (Bear) Day. Do you believe there will be a summer rally?  That is not our current opinion. We intend to reduce US market exposure later this month, and recommend readers consider similar actions.

RAISE CASH LEVELS- TRADE MORE

KEYDATES:        JUNE 14
DJIA:           11,000 Pivot
NASDAQ:        2200 Pivot
EURO:        Continue long term accumulation
XAU:        Continue intermediate term accumulation

2. Checkpoint (CHKP) is an aggressive Saturn-Pluto play.  We like the stock at 50 OB, for a trading buy to 64 and/or a long term hold to 71.50.
WSNW subscribers may wish to review past UP STARS/DOWN STARS recommendations.

3.  From the June 3rd NY Times article by Barry Bearak:
“Earlier this year the royal astrologer again seemed to play a role in the palace affairs. According to press reports, unchallenged by the royal family, it was determined by the stars that the Crown Prince should not marry until age 35. If he did mortal risks were involved."
Seems to me the royal astrologer was "right on". I am glad this was reported matter of factly and without sensation. The fact is people use (and misuse) astrology.  I wonder what Bush’s astrologer says about his daughters getting married or drunk?  To be safe, we re-iterate our recommended reduction of $US denominated assets.

As almost every international drug cartel’s controller knows, the high value of euro banknotes may make financial crime easier by enabling criminals who transfer cash across borders to cram more money into briefcases.  Europol has warned that the existence of the E500 note could lead to a rise in money laundering after E Day (January 1, 2002).  Many experts fear this will replace the US$100, the current currency of choice for organized crime.  Clearly this is yet another reason for global investors to accumulate Euros. To be safe, we re-iterate our recommended reduction of $US denominated assets.

4. "Be prepared for a continuation of negative commentary by companies as they warn about the second quarter."
Ned Riley, chief investment strategist, State Street Global Advisors
HW: Being an astrologer and a former boy scout, I have been “prepared” for this since last October.

"The money flows to equity mutual funds have reversed."
James Fargis, portfolio manager, Fleet Bank
HW: True, but such shifts are more a lagging rather than a leading indicator.

"The S &P is not expected to surpass its recent May high [1315]. Instead it is expected to work its way lower to new lows for the year."
Chris Cadbury CADBURY SHORT TERM OUTLOOK
HW: My numbers are [were] 1330, so we are not far apart.

5. Consider an all-ETF portfolio.

Art World's Lesson from Stock Market …”The Mei Moses Fine Art Index challenges the most basic advice art dealers give to their clients: Buy the most expensive pieces, since they hold their value best.  Instead the professors find that the higher the purchase price, the lower the return on investment when it is sold. In other words, the buyers of art on the low end and middle of the price scale often earn a higher rate of return than buyers who get fixed on a famous image.”
HW: The stock market correlations to this are a basic tenant of The Astrologers Fund investment cosmic value investment philosophy.

6. READER: WHAT DOES "KEY DATES" MEAN?
HW: Dates that are "key" for market direction, e.g. pivots, testing support or resistance, market markers etc.

READER: Please explain the two NASDAQ ranges you gave in your recent 2001-2002 Forecast. You had 1620-3336 and then [2200-3880].
HW: The bracketed version was the 2001 range given out in our October 99 forecast. The former is the revised range given out at our 9th Annual Astrology and Stock Market Seminar.

READER: When do you expect NASDAQ to reach the high end of the range? Do I assume correctly that you already think we've seen the low end?
HW:  We have been looking for a M shaped market. One more peak is June. Another is possibly at the end of the year.  You are correct in assuming I believe we have seen the bottom in March.

READER: You sold gold at the exact right time, how did you know? What astrological indicators were you reading to help you with that decision? I kept my gold stocks so have paid a dear price this week.  You mention that you will be buying in June.  When? I am trying to buy some QQQ puts for the next two weeks, what are your thoughts?
HW: We have begun buying PDG at 11, and shortly will rebuy BHP. Gold Futures, of course, I would have bought market on close Wednesday [June 30].
PS We don’t give out professional secrets as to “how” we do it, although you can find hints in my book, “Investing by the Stars.”
PPS As to QQQ puts, you should upgrade your subscription to Gold (no pun), if you want answers to timing trades.

WEB POST: I presume all those that need to know, know --- <At the close of trading this week [i.e. weekend of June 9/10], the FTSE will adjust companies trading on the All-Share index so only the freely-available portion of a company's shares will be included in the index calculation.>
HW: Yes.  Along with the relatively cheap Pound and the forthcoming solar eclipse, more reason to watch the east bank of the pond.

READER: Astrological Inputs to Stocks and Indices is a very difficult job. I have seen a lot of astrologers going haywire in their predictions in India and Europe for specific stocks and indices. I must admit you are exceptional in your field. Congratulations, Sir ! Keep it up!
HW: That is because I am professionally trained in BOTH the stock market AND astrology.  Financial astrology is a dual specialty.  Gradually, this is becoming recognized as a truth.

READER: I have been a faithful shareholder for over 6 years.  I was looking at your link and your articles of IHI.  Do you plan to have another article soon since they hired a new VP of Marketing/Business Dev. and they have a very reputable IR department now?   What is your 2002 target on IHI?
HW: Yes. Their new IR Toronto group is the TOP in Canada and has helped several major technology companies.  Their new VP is smart and idealistic; naturally I like him.  As usual, our forecast for IHI* stock, with disclaimers, is much higher than now! We will do another update after our next visit to Vancouver for their AGM.   We seem to be almost there. Cheers.


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PAST WALL STREET NEXT WEEK REPORTS
Thursday, listen to our ABS radio program   TRADING BY THE  STARS.
(c) 2001 All rights  reserved.   The Astrologers Fund  "Always a Stellar Performance"
wsnw@Afund.com 212/949-7211 Fax 212/949-7274 370 Lexington Avenue, Suite 416 New York, N.Y. 10017-6503
Author: INVESTING BY THE STARS, THE STUDY OF ASTROLOGY,TRADING BY THE STARS (01)
May 17-19, 2001 Tenth Annual Astrology & Stock MarketConference  NYC                      
DISCLAIMER: PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE FORECASTING ACCURACY OR PROFITABLE TRADING RESULTS.
The Astrologers Fund Inc. Accepts No Liability Whatsoever  For Any Loss Arising  From Any Use  Of  Its Report Or It's Contents. The AstrologersFund Inc. Or Its Clients Usually Holds Positions In The Stocks and/or MarketInstruments Mentioned And May Buy Or Sell At  Any Time Without Notice depending on market conditions and personal  financial conditions.   This InformationIs  In No Way A Representation To Buy Or Sell Securities,  Bonds,  Options Or  Futures. This information  is not intended to be used as the sole basis of  any investment decisions,  nor  should it be construedas advice designed to meet the investment needs of  any particular  investor.
ALWAYS CHECK WITH YOUR LICENSED  FINANCIAL PLANNER OR  BROKER  BEFORE BUYING OR SELLING ON THE RECOMMENDATIONS  OF  THE ASTROLOGERS FUND  Inc.
* IHI is an AFUND client.
** We will be reporting on Cancall (O.CCCA) aka Screenphone in July. This is a company that I received 2 million shares (free) with 10 million additional shares optioned at .02. I have also bought in the open market for clients and myself. Naturally I am MOST eager to see them become VERY successful.
          
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