WALL STREET, NEXT WEEK
Financial Astrology for successful investors and traders"
  
 
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WALL STREET, NEXT WEEK: MAY 2, 2005
FINANCIAL ASTROLOGY FOR THE SUCCESSFUL INVESTOR AND TRADER

WALL STREET, NEXT WEEK MAY 2, 2005
FINANCIAL ASTROLOGY FOR THE SUCCESSFUL INVESTOR AND TRADER
 
1. MAY ASTRODATES
2. MAY MARKETS
3. UP STARS/DOWN STARS
4. ASTRONUT
5. QUOTES
6. ON THE WEB
7. LETTERS
8. AFUND CLIENTS

1. May 8 New Moon 4:45 am
May 19 Neptune SR
May 20 Sun enters Gemini 6:47pm
May 23 Full Moon 4:18 pm

2. ATTENTION: BARGAIN HUNTERS, MOTHER LOVERS AND VACATION SEEKERS- MAY IS HERE!
That means up to three, yes three tradable MMD (Mothers Day, MidMay and Memorial Day) rallies could tempt the investing public.  Thereafter, will “ ALL THE GOOD NEWS BE BUILT INTO THE MARKET”?  Looking slightly further ahead, much of H2 2005 markets are likely to be neutral, range bound or down as Americans slowly learn that we are not as rich as we think we are. Given that the era of cheap energy is over, it is also time for the average American to think and act in an SSSS manner: Stop Spending and Start Saving.

I repeat: H2 2005 may or may not be ok. Hence from June on we mostly recommend holding companies with pricing power or strong dividends as well as market neutral/ pair trading and investing, rather than a naked long strategy.
My great concern is looking at 2006. It is not too early to start thinking about 2006. All WSNW subscribers should study our S: EARLY WARNING REPORT: 2006 IS COMING report now.
Others may read it after it is posted on our website publicly later.
Attention America: There is less than one year to SS and SS!  STOP SPENDING and START SAVING!


HYDE PARK SOAP BOX:  INVEST WITH THE CIA!
Penny Stock Spies
“The Central Intelligence Agency, has been playing the penny stock market, and seems to be quite good at it…. part of its success has come from insider buying and selling…The CIA front has hardly been covert.  At its own website, In-Q-Tel readily states that it was set up by the CIA and the broader Intelligence Community.


TRADERS & INVESTORS: We repeat our April 29th special emailing alert advice: 
We believe the MMD (Mother’s Day and Memorial Day) rallies started today [4/29].
Remember this is a Trading Buy, but an Investing Distribute: at the end of next month/early June raise cash levels 10% and put 5% into gold (if you don’t have 10% gold allocation already).
 
KEYDATES:        May 2, 3, 5 
DJIA:                   10150 PIVOT
SPX:                    1040 SUPPORT 1080 RESISTANCE   
NASDAQ:           1880 S3  1900 S2 1910 S1 1930 R1 1950 R2 1960
XAU:                    82 Support

Market Marker Sentiment: First Bullish, then Bearish.
DON’T BUY AND HOLD: BE LIQUID WITH A BALANCED AND DIVERSIFIED PORTFOLIO!
2004 CLOSE:             DJIA 10784, SPX 1211 & NASDAQ 2175
DIJA:                          2 ~ FV 0 UV; 5 offer 4%+ Dividends.
While the internal Stock Market astrology is mixed, the external risk potential is high. Looking ahead, my question is whether 2006 will show less than 2% growth or be a classical recession?
PRESERVE CAPITAL: FOCUS ON PROTECTING AGAINST DOWNSIDE RISK.

3. Citing demand, Mint to produce 24-karat gold coin
”The US Mint has announced that it will begin producing a new 24-karat gold bullion coin early next year, hoping to capitalize on growing international demand for purer gold coins. With the XAU in the 82-85 range, we plan another accumulation of Gold. {Our fourth and last will be by early June}. At this time, gold instruments are our market hedge (as we are trading bullish in May). Over the Summer it will be our Major trading Buy of the Year.   Last month, we met with the senior management of three mining companies Aurizon (AZK), Vista Gold (VGZ) and Western Silver (WTZ). We are considering all three small caps as possible buys in June for our forecasted Summer Gold rally.”
For more, WSNW readers would be wise to review our premium post S:Mining before May ends.

4.  Floor buzzes at Baghdad stock exchange
"Mr. Tabatabai said the stock exchange lacks individual investor safeguards taken for granted in the West. He says they are not needed. We in Iraq still maintain a high level of decency...We have never had fraud. We still live by honor."
HW: Clearly there is a lot of money to made here. However, for the moment, we recommend that our clients take a pass until this market is more mature, i.e. investors have better safeguards and there is disclosure of fraud.  If you like this type of investment play, I recommend the better risk/reward of the Palestine Securities Exchange given the current state of the Middle East politics.

5. "Investors are very anxious to see if the Fed is going to become more aggressive in its inflation talk. There's been a lot of damage done over the past few weeks, and until we get a new catalyst that can reverse this market sentiment, it's going to be touch and go."
Peter Cardillo, chief strategist, W. Bach
HW: How about our forecast of Oil below $50 combined with love appropriate for Mother’s Day?

“I think we are seeing a period of questioning here.  I think the underlying economy is still strong.”
Dan Smith, chief executive, Lyondell Chemical
HW: I don’t.
 
"My guess is that things will bounce back given that energy prices seem to be stabilizing. But we have said that before and been proven wrong. There is no guarantee that energy prices will stay stable.”
David Wyss, chief economist, Standard & Poors
HW:  I guarantee they won’t!

6. Delphi, MBNA Are Among the `Dogs of the S&P'

Hot financial markets giving rise to talk of collapsible mega-bubble

How to Make the Best of a Turbulent Market
Five tips for curbing your investment jitters.

 
7. READER: Great interview [on Fox News]. Congratulation. Greetings
HW: Thank you.

READER:  [You said when talking to Cavuto] since Jupiter was in Scorpio to invest in 5 areas & he cut u off. I heard:
1) Gold & Mining Stocks, 2) Health care stocks, 3) Voice over Wireless (I am not sure what this means) 4) Alternative Energy & 5) u were not able to say
HW:  My five favorite Scorpio sectors are: Business Intelligence, VOIP/Wireless, Health Care, Mining and Nanotechnology. For obvious reasons, we also love Alternate Energy.

READER: Why are gold share prices moving down faster than gold price itself?
HW: Why not? That is their nature.  They go UP faster than the price of the gold, so why shouldn’t they go DOWN faster than the price of gold?

READER: Tomorrow economic data will need to be good for MMD to come true.  Or looking at it another way, since MMD is a valid astro projection, then the economic data coming out tomorrow will be good.
HW: I don’t agree. The numbers were “bad” but EXACTLY OUR NUMBER OF 3.1%!  Still a rally is coming for several reasons. [Note: April 29 was a nice up day and likely the beginning of the first MMD rally.]

8. HERE WE TALK ABOUT AFUND CLIENTS.
1)    TNXTE now has an “E” risk/reward.  Given this was no surprise, we plan to take advantage of this weakness, as we maintain our P1 target of .30, although it may come 1-3 months later than first expected (May).
2)    SFNM is bringing lots of new talent on board.  We are quite optimistic and recommend you watch the tape closely on this one, as it should tell you the picture.
3)    I will be in Vancouver for the IHI AGM June 14th.  We are awaiting news on the progress of their Hi-Rise project as well European/Middle East JV projects.  I plan to pick up some more shares ahead of the annual AGM as I usually do.

 

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PAST WALL STREET NEXT WEEK REPORTS
              FRIDAY 11 am listen to our Internet radio program TRADING BY THE  STARS.
(c) 2005 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)
DISCLAIMER: This report is for informational purposes only. 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 Information is  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.
Please read our Disclaimer for more information and note that my clients and I are shareholders and may act in the open market.
In January 2005, TNXT became a client of Henry Weingarten as well as a client of a related entity THE SEASONED SPECULATOR. The initial contract was for 3 months for $10,500 with Target Publishing, Inc for a variety of investor and brokerage awareness services. Later 50,000 shares of TNXT were added to the contract for additional consulting services.
SFNM became a client of Henry Weingarten and Susan Hahn & Associates on March 17, 2005 and will be paying $3500 monthly plus 100,000 restricted shares to be issued over a period of one year.       
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