1. Just this week, 4 prominent technical analysts ALL agreed with our upcoming summer assessment. Does this mean we are wrong? We are naturally contrarian and are slightly worried. Still a long of selected strong or undervalued stocks and short SP future hedge (at appropriate times and price points) should prove profitable.
2. You may have been noticing the importance of 666 in the SP futures market recently. Two initial tops and several intraday bottoms make this a very interesting pivotal point and one traders should take notice of, both as a potential floor and ceiling of future future markets.
3. MidYear Updates on our bigger open forecasts:
A. BUY IHI/SELL NETSCAPE A WINNER TODATE AND ALL YEAR
1/1 SPX 615 6/30 676
NSCP 139 124 (splitadjusted 52)
IHI 1.45 2.80
B. BUY AQA.A/SELL IOMG 6/30
5/23 IOMG 55 29
AQX.A .44 .48
This single forecast alone shows some of the potential value of financial astrology- Almost everyone KNOWS IOMG is overvalued, but many keep losing their shirt shorting, excepting perhaps those that follow the stars? :)
C. IT DOESN'T GET ANY BETTER THAN THIS!!!
May 23 short still perfect (with second near top called June 6). Note however, new Summer market about to begin.
D. Our Third Financial Astrology "test", the Astrologers Fund Emerging Canada Index initialized at 1079, forecast to double within 12 months. Currently 958, but considering the VSE index crashed 20%, our stock picks lost only about 1/2 that. However, we believe our third test will be vindicated as were our other two this year. Some Update Comments are in order here on each of these picks for those of you that own or track them. {cf. originial May and June letters}
ASTRIS ENERGI CN:ASTS or BB: ASRFF 1-800-808-9998
Slower startup than expected, contracts now near closing. Watch for potential RESULTS from late Summer on.
AQUATEX C.AQX.A or BB: AQTXF 1-800-486-2793
Four new market markers added since listing on BB. Almost 7 million dollars in sales booked, and being watched by many as a choice SRI play. Promotion JUST beginning.
FAIRMILE GOLD C.FLA or FAMQF 1-800-661-0004
August/September is our strike time forecast. Enough said.
GALLERY RESOURCES C.GYR 1-800-565-7350
Amazing bargain, as we believe it HAS STRUCK when we forecast. I believe the market did NOT understand their last two announcements, and that Bruce Costerd will pull the rabbit out of his hat!
INTERNATIONAL HI-TECH INDUSTRIES V.IHI OR IHITF 800-838-8090
I am disappointed that my original forecast targets have not been met YET (part of my learning curve on the "special" nature of the Canadian Markets.) However, I am confident my original projections as to GREAT Long Term sucess here. Note, the progress in their lastest press announcement issued for their annual meeting this past Friday - Plenty of Good news ALL Around. I will be in Vancouver for their "spade turning" ceremony on August 15. By September more good news expected.
TREASURY INTERNATIONAL BB: TREY 800-461-1393
The stock did a double on some minor announcements and then fell back partially. Technically see no reason to sell.
NOTE: We are astrologically involved with these companies and these forecasts are based on our assessment of fundamental potential plus astrological indicators.
4. New York will be hosting not one, but TWO Financial Astrology conferences in the coming year. First in time, the Ninth Annual World Conference on Astro-Economics November 2,3 at the NY Hilton: Speakers are: Robert Krausz, Arch Crawford, Dr. Hans Lenz, Jeanne Long, Michael Lim, Bill Meridian and Raymond Merriman. For information contact: Grace Morris at astro@netware.net. 708/425-7380
Second, our 5th Annual Astrology and Stock Market Conference. May 16-18 at the Hotel Intercontinental. We will introducing new standards of financial due dligence on our investor Sunday. Speakers include: Paul Guercio, Dr. George Hart, Dr. Theodore Landschedit, Richard Mogey, Joan Quiqley and Henry Weingarten. We will continue to post more information on this.
5. FALL TRAVEL SCHEDULE
July - Chicago Friday Evening Seminar- July 19 at Chicago Hyatt Regency
August - Vancouver, B.C.
November - Miami
6. INVESTING BY THE STARS- the book.
Note: If you cannot find or order my book locally, you can order it from the New York Astrology Center Bookstore -- email me your postal address and credit card info to place an order. If outside of North America, indicate whether for us to ship seamail ($10-$15 extra, or airmail $15-$25 additional).
7. Currently writing TRADING BY THE STARS- email suggestions and questions- can't promise answers, but will try to incorporate the more general questions into the book Cheers.
DISCLAIMER: PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE FORECASTING ACCURACY OR PROFITABLE TRADING RESULTS. The Astrologers Fund Accepts No Liability Whatsoever For Any Loss Arising >From Any Use Of Its Report Or It's Contents. The Astrologers Fund Or Its Clients Usually Holds Positions In The Stocks and/or Market Instruments Mentioned And May Buy Or Sell At Any Time Without Notice. This Information Is In No Way A Representation To Buy Or Sell Securities, Bonds, Options Or Futures. ALWAYS CHECK WITH YOUR LICENSED FINANCIAL PLANNER OR BROKER BEFORE BUYING OR SELLING ON THE RECOMMENDATIONS OF THE ASTROLOGERS FUND.