WALL STREET, NEXT WEEK
Financial Astrology for successful investors and traders"   
 
Subscription rates investing edition are $360/annual; $250 six month.
Subscription rates trading edition are $2000/annual; $1000 four months.
Subscription rates money managers edition are $7500/annual; $2500 Quarterly;
Institutional rates are $2500 per month; $25,000 annual.
Stop reading Wall Street, Next Week, last week: YES, I WANT  TO SUBSCRIBE  

WALL STREET, NEXT WEEK: MAY 16, 2005
FINANCIAL ASTROLOGY FOR THE SUCCESSFUL INVESTOR AND TRADER

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

HAPPY 213th BIRTHDAY NYSE
The New York Stock Exchange was born May 17, 1792. As many WSNW readers already know, a prominent Venus/7th House is perhaps the major cause of its forthcoming merger with Archipelago.
We apologize for not finishing our May 2005 stock market update, but hope to have it posted on our website very shortly.

SAY WHAT?
The US$ is strong because the US economy is strong, but US bonds are up because the US economy is weak?
High oil prices matter to Walmart customers [WMT down] , but not to Target customers, [TGT up]?
Oil was down because 1) the economy is weak or 2) supply is greater than demand?
Nasdaq is up, but the SPX and Dow are down?

TRADERS:  We have expanded our short term trading range 5 points to SPX 1035 to 1085. However, we see strong overhead NASDAQ resistance 1985-2000 and would continue to strongly sell that price level.
 
INVESTORS: While our plan is to buy dips (and sell rallies) again this week, don’t forget we are also on an Investing DISTRIBUTE/ SELL into any MAY strength. We believe markets will have reached an intermediate term peak by the end of this month or early June.

GUEST HYDE PARK SOAPBOX: United pension-dumping is bad sign for everyone
”Simply stated: if United Airlines is allowed to dump its' pension obligations on the Federal Government, no one's corporate pension plan will be worth the paper the agreement is written on.”
 
KEYDATES:        May 17, 18, 19
DJIA:                   10000 SUPPORT 10200 PIVOT 10400 RESISTANCE
SPX:                    1155 PIVOT   
NASDAQ:           DISTRIBUTE 1985-2000
XAU:                    Last gold hedge accumulation

Market Marker Sentiment: First Bullish, then Bearish.
DON’T BUY AND HOLD: BE LIQUID WITH A BALANCED AND DIVERSIFIED PORTFOLIO!
2003 CLOSE:        DJIA 10453, SPX 1111 & NASDAQ 2003
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 slow growth less than 2%, no growth, or turn into a classical recession.
PRESERVE CAPITAL: FOCUS ON PROTECTING AGAINST DOWNSIDE RISK.

2.  With XAU circa 78, we are recommending our final gold accumulation. Futures buys will be Trading buys, not investing-hedges as they have been over the past four to eight weeks.

3. As Jupiter is ending its sojourn through Libra, Crain’s New York Business reports that the “Art market surges as collectors bid up new works.”
·    “Brett Gorvy of Christie’s: “There is such a hunger for art right now that there’s a craziness in the level people are willing to pay.”
·    “There is definitely a bubble,” says Louise Eliasof, Citigroup Private Bank Art Advisory Service.
·    “You don’t have a lot of time to sit back and watch an artist grow anymore, “Ms Glasser modern art consultant says. “You feel like you’re waiting in line for a lottery ticket.”
Sound familiar? As with other bubbles such as the real estate market, the path of wealth preservation is to Sell, NOT Buy.

4. "This is what I call normalcy, not stagflation,"
Joel Naroff, chief economist, Commerce Bank
HW: How soon they forget!

“When you see mergers and acquisitions, it's a sign of confidence and companies really looking toward the future. The stock market is a pretty prudent place to be.''
Philip Dow, director of equity strategy, RBC Dain Rauscher
HW: Even if markets gain 10% in 2005 as you forecast, the stock market is not a prudent place to be.  M&A is the old paradigm, in 2006 it will be more Distressed Investing.

"We have some indications that inflation may not be a long-term problem. If we get surprised on the downside in these price numbers, it could be a strong equity week."
Ernie Ankrim, chief investment strategist, Russell Investment Group
HW: If any one is gullible enough to believe a downside inflation number surprise, please send me their name. I am forming a new syndicate to buy the Brooklyn Bridge once again!

5. Armor-Plating Your Portfolio
HW: A good list except for FNM and FRE.

A Stinky Stock Market Suits Some Buyers Just Fine
These are shaping up as promising times to be investing for long-term growth.

Thirty Favorites From Ten Top Stock Pickers
The ten best each give us three stocks they're bullish on now.

6. READER: I have two questions:
What is your long trading target for ENZ?  (I bought some @ $14 a week ago)
HW: P1 15.50 P2 16.50 P3 18.
And how do I get your weekly broadcast.  I did great when I down loaded your talk on FOX News, buy I do not get anything when I double click on your blue "Trading By the Stars".
HW: Have you downloaded the current free version of Real Audio Player? If so, then the problem could be just Internet traffic. Try again in about 30 minutes.

READER; Gold shares continue to sink.  Maybe purchased them a little too early?
HW: If you bought as a short term trade, buying gold shares ahead of June was too early.  If you bought as a hedge as we recommended, then you did not. Also, remember THAT we usually try to be a dash early as we trend anticipate rather than trend follow. 

7. HERE WE TALK ABOUT AFUND CLIENTS

READER: Tell me about TNX Television [TNXT].
HW: TNXT is for gambling money, or very aggressive high risk capital. If you are willing to lose .03 to .05, you can make .25 or more.  I like that R/R!

READER: Any comment on [IHI ] news release? Guess still the same old promising of things that should happen in future.
Still looking forward to see opening of one of their factories.
HW: While it does not show the production that most shareholders expected this year, it does show some progress in foreign markets as well as the development of new products that can be sold easily into the marketplace. I would hope and expect sales from this to come in the second half of the year.
 READ THE SEASONED SPECULATOR
“Your source for outstanding 21st century small and microcap stock ideas"
 “Buy small, Win BIG!” 
****************************************************************************************************

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 6 month $250.
Gold trading subscriptions $2000 one year; $1000 four months.
Platinum edition for money managers $7500 per year; $2500 quarterly.
Institutional rate is $2500 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) 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 INDEPENDENTLY INVESTIGATE AND FULLY UNDERSTAND ALL RISK BEFORE 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 Astrologers Fund Inc. Or Its Clients Usually  Holds Positions In The Stocks and/or Market Instruments 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 construed as 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.       
RETURN TO MAIN MENU