WALL STREET, NEXT WEEK

Financial Astrology for successful investors and traders"   
 
Subscription rates investing edition are $360/annual; $125/Quarterly; $555/2 years.
Subscription rates trading edition are $1500/annual; $500 Quarterly; $2500/2 years.
Subscription rates money managers edition are $7500/annual; $2500 Quarterly;
Institutional rates are $3000 per month.
Stop reading Wall Street, Next Week,  last week: YES, I  WANT     TO SUBSCRIBE                                          

WALL STREET, NEXT WEEK: October 29, 2001
FINANCIAL ASTROLOGY FOR THE SUCCESSFUL INVESTOR AND TRADER

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

1. 11/1 Full Moon 0:41 AM ET
11/2 Jupiter SR and Saturn Opposition Pluto
11/15 New Moon 1:40 AM ET
11/22 Sun enters Sagittarius 1:01 AM ET

2. TRICK OR TREAT MARKETS
Whoa! Halloween week will be something. Tuesday, we have Uranus SD, Thursday is a Full Moon and Friday, Jupiter goes SR on the same day Saturn is opposing Pluto for the second of three celestial encounters.  Trader’s delight!

Keeping perspective: the terrorist attacks on the World Trade Center and the Pentagon only accelerated the economic slowdown in the United States.  We expect 3Q 2001 GDP numbers to be shocking.
"The green stuff on the street is guacamole…The white powder on the stairs is baking soda…These are not reasons to call 911. People have got to start using some common sense."
Happily, for long term investors, there are also positive signs for recovery: the US government will pump billions of dollars into the economy to keep it going and the Fed rate cuts will soon be taking affect. 

WE EXPECT A MAJOR VICTORY IN THE WAR ON TEROR WITHIN THE NEXT TWO WEEKS
We recommended short term traders end last week liquid and flat.  It will take time for markets to comfortably rise above NASDAQ 1750-1800 and DJIA 9500-9605.
However, as intermediate term investors and positional traders, we remain somewhat bullish and await a large Victory rally (to exit).

KEYDATES:    October 30, November 1, 2
DJIA:           9605 Resistance/Pivot
NASDAQ:        1800 Resistance/Pivot
CD$:        Continue long term accumulation
GOLD:        Trading Buy

Now THERE IS LIGHT AT END OF THE TUNNEL: Saturn-Opposition Pluto ends May 2002!
INVESTORS: FALL 2002 markets will be HIGHER than today.

We will be posting our 2002 Stock markets forecasts for subscribers on our premium channels shortly. Stay tuned.

2. Canada’s lowering of interest rates 0.75% last week is laying the foundation for a strong long term recovery. As with it all global markets, it won't be a straight line UP from here to next September - the long term trend is up with considerable testing coming later in Winter 2002.  The US Dollar is near its distribution zone. Canada Ishares [EWC] should go to 11 or 12.  I am sure every WSNW reader knows my favorite Canadian baby, so no need to mention it here.  They can, however, look at our 2002 update for the AFUND Canada 25 portfolio.

One obvious defensive post 911 portfolio pick is home entertainment.  We are watching a number of players.  While we find them currently a bit expensive, should they be subject to more tax selling and come closer to their 2001 lows, we may nibble. One choice watch would be Echostar [DISH] at 23 OB.  Another is Sony (SNE) at 38 OB.

4. Philippines Councilor president Kim Atienzais is trying to pass a "Toilet Paper" law requiring all businesses to stock free tissue paper. Currently, many public toilets in shops and restaurants charge for each sheet of 'tabo' or paper from vending machines. Kim feels businesses should have their licenses revoked unless they offer free “tabo.”  "Providing tissue paper in rest rooms is a part of good public service. It will also help us all practice personal things in a hygienic and convenient way," he said. No wonder the PSI is close to 52 weeks lows. As this act may do wonders for reducing Islamic militancy and add long sought stability, I recommend continuing to avoid this exchange at least until this law is passed. 

5. “The events of Sept. 11 have cut business and personal incomes so sharply that tax collections will be unable to offset the rise in wartime spending. History tells us that the nation cannot have guns and butter at the same time.''
Chris Rupkey, economist, Bank of Tokyo-Mitsubishi
HW:  Of course they can, but the end result is always inflation.

"We may see a full-blown recession by the fourth quarter… but that doesn't really matter, since most stocks will have already discounted in advance of that."
Bret Stanley, lead manager, AIM Large Cap Basic Value Fund
HW: Yes, the economy will be subdued, but the key point is that it has already been discounted into current pricing.

“The attacks have pushed back the expected stabilization or rebound in manufacturing until next year.'' Rick MacDonald, economist, Standard & Poor's MMS
HW: Actually they have accelerated the time table of healing.  Still, Winter 2002, will be difficult for companies without easy access to the cash market.

6.  Boston Globe Online: The biology of 'irrational exuberance'

Astronomy Picture of the Day

7.  READER: I have just been getting headers for your weekly reports.
HW: This is a problem with AOL. WSNW subscribers can go to our AFUND premium channel 30 minutes after you receive our newsletter and you can download it or print it from our website. Alternately you can switch to a better ISP like earthlink.net as we did.

READER: Is there any chance for any intermediate recovery for CLN? say in the next months to two months, or is it a long and hard climb from here?
HW: It seems to have based between .40 and .50 and now is attempting to regain .80, $1 and $2, short term, intermediate term and longer term, respectively.

READER: LMT, NOC, GD, BA and RTN - All these Stocks are performing well on NYSE. I think these Stocks are worth holding for the medium or long term as US lead fight against global terrorism might last for a long duration.
HW: This fight will at the earliest last until Intermediate term until May 2002.   However, we would recommend taking profits several months ahead of that.

READER: I have been studying your web site for a couple of days and am interesting in subscribing to the Gold 3 month trial, with alerts.  My question is that in 2 places on the Astrologers Fund | FAQ V3.8 FAQ s it quotes this price at $300.00, yet when I try to place my order online, the price of $500.00 appears-why is that?
HW: We raised our prices earlier this year and have now corrected it in our FAQ.  For our target audience, i.e.,  serious and experience traders, this is quite cheap compared to the cost of one successful trade or one bad trade avoided.

READER: Could you please put my mind at ease concerning IHI? I am concerned that yet another delay may be occurring or something is wrong. The share price concerns me and although in part can be explained by Sept 11th, I would have expected a rally of sorts by now. Also do you still expect conformation of pre factory orders in October and the share price to rise substantially? Is the factory still on time for Dec start up? What impact do you expect the Sept 11 disaster to have on IHI short, medium, and long term.
HW: Most important to me is that the Delta factory is still on schedule for a December start up. 911 obviously caused a small delay. First orders should be announced in two to three weeks.  The short term effect of 911 was a three week delay in negotiations (One key group was flying in that day, while several were scheduled for the following week).  Intermediate term, there may be a delay of two weeks. Long term I see no negative effect whatsoever.

***********************************************************************************************************

Subscribers please send your comments, questions and suggestions to Letters .
Silver Investing subscriptions $360 one year; $555 two years; new  subscribers 3 month $125.
Gold trading subscriptions $1500 one year; $2500 two years; $500 Quarterly.
Platinum edition for money managers $7500 per year; $2500 quarterly.
Institutional rate is $3000 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
************************************************************************************

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.
INVESTORS ARE REMINDED TO PERFORM THEIR OWN DUE DILIGENCE BEFORE MAKING ANY INVESTMENT DECISION. ALWAYS INDEPENDENLY INVESTIGATE AND FULLY UNDERSTAND ALL RISK EFORE MAKING ANY INVESTMENT.
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 and YJT are AFUND clients.
** From Cancall (O.CCCA) 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.
          
RETURN TO MAIN MENU