WALL STREET, NEXT WEEK
Financial Astrology for successful investors and traders"
  
 
Subscription rates investing edition are $360/annual; $125/Quarterly.
Subscription rates trading edition are $1500/annual; $555 Quarterly.
Subscription rates money managers edition are $10000/annual; $3000 Quarterly;
Institutional rates are $3000 per month; $25,000 annual.
Stop reading Wall Street, Next Week, last week: YES, I WANT  TO SUBSCRIBE  

WALL STREET, NEXT WEEK: NOVEMBER 15, 2004
FINANCIAL ASTROLOGY FOR THE SUCCESSFUL INVESTOR AND TRADER


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

1. MARKET TOP OR SKY’S THE LIMIT?
Markets have effectively reached one of three possible 2004 tops. The second P2 is SPX 1200-1210 area, while the third or P3 target is of such Market bulls as Steve Forbes, who expect 2004 to be well above SPX 1250.  While we are confident about the intermediate direction of the US dollar and economy, we are less confident about its short term movement. We believe that at least one more downward test is required for any effective move higher.  Given this, and that the external risk remains high, except for a few special situation stocks, we will stand aside next week. If markets rally past options expiration Friday, we will have no choice but to party, but will do so at least partially hedged, and with both eyes watching the exit.  

TRADERS:          Take/protect short term profits by Tuesday.
INVESTORS:      If markets rally strongly, we will play some of the value laggards.


KEYDATES:    NOVEMBER 16
DJIA:               10,500 PIVOT
SPX:                1068 PIVOT 1085 R1 1205 R2  1250 R3
NASDAQ:       2095 RESISTANCE
GOLD:             2004 Trading Target 449

SIDEWAYS Market Marker Sentiment: Initial Worry, then Rally, ending Flat.
DON’T BUY AND HOLD: BE LIQUID WITH A BALANCED AND DIVERSIFIED PORTFOLIO!
12/31/2003 EOD:    DJIA 10453   NASDAQ 2003 SPX 1111.
October Lows:         DJIA   9660,  SPX  1090 & NASDAQ  1899
FAIR VALUE:        DJIA <9660,  SPX<1090 & NASDAQ<1899, GOLD = 440
DIJA:            3 ~ FV 0 UV; 3 offer 4%+ Dividends.
While the internal Stock Market astrology, as in 2003, is mixed, the external risk potential is still high.
*************************************************************************************************
I will interviewed on Street Signals Saturday November 13 9-10pm on Business Talk Radio.
StreetSignals™ an Investrend Broadcast (www.investrendbroadcast.com) production is net archived.
********************************************************************************************************************************************************************************

2. One reason gold is now at a 16 year high is that it is the cheapest insurance against the declining US dollar. As gold moves closer to $450, we will be closing intermediate term trades.  However, those investments which are long term hedges WILL be maintained as we see gold shooting for the magic $500 in/by July 2005.  Furthermore, by the end of the year or closely thereafter, the new Streettracks Gold Trust (EFT) should be listed on the NYSE. This should bring in plenty of new yellow buyers.

Canada's Power Book - 50 Top Income Trusts have been among the outstanding 2004 value plays. They will largely remain so in 2005, even though many analysts believe the C$ is almost ready for a short term correction. If so, we would be doing fresh “buy and hold” buying under .8140.

Buy a G.M. Car at 0% Now, Get the Same Deal in 5 Years
Lock 'n' Roll," will give shoppers who buy a car and qualify for zero percent or low financing rates the same deal on any new G.M. purchase before the present financing runs out and is good for a total of 10 years. Given that most of the profit in GM, is from their financing division, and also that it remains challenged for many obvious reasons, despite its rich dividend, this stock should be largely avoided in 2005, except for short term trading opportunities.

3. UNECE Predicts Robot Explosion. I have long said there has never been a labor shortage, but a robot shortage!  The US military, along with homeland defense groups, are investing and researching heavily in this sector. Likewise ,medical robotics is a big growth area, and by 2007, domestic-service and entertainment robots will represent multibillion-dollar markets.  As we see 2006 or 2007 and not 2005 as the year of the robot, we continue to research but will wait to buy robot and automation stocks such as Adept Technology (ADTK), Computer Motion (RBOT), CRS Robotics (ROB-TSE), FANUC (FANUF) and Integrated Surgical (RDOC).

4. "Gold remains very strong both due to external factors - the U.S. deficit and the election of George Bush - and internals, including continuing firm demand in places like India, where people buy a lot of gold at Diwali, and in China, which has liberalized its gold market."
Ross Norman, director, The Bullion Desk
HW: Like they say, “only gold is as good as gold.”

"The outlook for gold is positive and we have broken through some critical resistance levels."
David Holmes, vice-president, RBC Capital Markets
HW: Yes, but I don’t believe “They” will allow it past $450 just yet.

“We still think the Fed will skip at the December meeting. Three hundred thousand jobs a month is not sustainable, and I don't think the Fed is going to act based on that report.
Phil Orlando, manager, Federated Large Cap Growth Fund
HW: Most analysts agree with you that the Fed would rather not play the Grinch that stole Christmas this year.

5. Economist.com | The dollar

Pessimists will have to wait, as housing boom rolls on

Sometimes They Do Ring A Bell

6. READER: Maple vs. Dollar: US Dollar sure taking a beating against the Canadian Maple.
HW: I choose to look at it the other way- Hooray for Canada!

READER: Just now the value of GOOG is about 170. Lets say in a day or two it reaches 175.A put November with strike price 170 will then cost about 2 USD. In a week with a fall which can very well be 14% it will go to 150.That 10 double. Very speculative. Interesting?
HW: Yes, an interesting speculation.  Of course GOOG can go as high as 205-225, although its top is more likely in. I am also beginning to look at shorting CME now that it is hitting the magic $200 overvaluation.

7. HERE WE TALK ABOUT AFUND CLIENTS
Over the next two to six weeks, we will be getting ready for our annual AFUND microcap 5 January effect play.

READER: With IHI in a downward holding pattern for more than 10 years, don't you think maybe something is wrong with the natal chart that you are looking at?
HW: The key IHI chart is the Bermuda, not Vancouver chart. Also, assuming I have not been looking at things upside down, it still offers several more winning possibilities. Only such a very strong natal microcap chart could keep ticking after so many years.  The next time frame possibility is very soon: this upcoming month.

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

S: in front of a web link indicates access is restricted to WSNW subscribers.
Subscribers please send your comments, questions and suggestions to Letters .
Silver Investing subscriptions $360 one year; new subscribers 3 month $125.
Gold trading subscriptions $1500 one year; $555 Quarterly.
Platinum edition for money managers $10000 per year; $3000 quarterly.
Institutional rate is $3000 per month; $25,000 annual.

"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
              FRIDAY 11 am listen to our Internet radio program TRADING BY THE  STARS.
(c) 2004 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 13-15, 2005 Eleventh 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 has been an AFUND client since 1994 and is currently paying monthly $2,500 consulting fees and $500 for banner ads on our website. May 15, 2002, an affiliated company, Susan Hahn & Associates became IHI’s media representative with a monthly fee of $1500.
May 17 2004 Health Sciences Group (HESG) became an AFUND client and is paying $5000 bimonthly in free trading stock for six months as a consulting fee.
Since October 13 2004, United American Corporation (UAMA) became an AFUND client  paying $2500 monthly plus 250,000 shares of free trading stock as a consulting fee.
Please read our Disclaimer for more information and note that my clients and I are shareholders and may act in the open market.
          
RETURN TO MAIN MENU