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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.
READ
THE SEASONED SPECULATOR
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ideas"
“Buy small, Win BIG!”
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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
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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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