Henry Weingarten is a regular contributor to MarketMavensReport.com. He is the founder of the New York School of Astrology the director of the NY Astrology Center, and has been a professional astrologer for more than thirty years. Since May 2, 1988 he has been the Managing Director of the Astrologers Fund, Inc., a money management advisory firm. Mr. Weingarten is the author of Investing by the Stars, The Study of Astrology, A Modern Introduction to Astrology, Principals of Synastry, and his forthcoming Trading by the Stars. He writes a weekly email/fax newsletter titled Wall Street, Next Week.
"NORTH AMERICA - Traders paradise
CANADA - Summer/Fall 1999 gradual recovery and prosperity in 2000-2002!
UNITED STATES - Overvalued and a ticking time bomb before May 2000. Beware as the US dollar is no longer the ONLY safe haven with new competition from ECU and even GOLD. However, since one can trade stocks here for 10-25% appreciate/depreciation a week, this is TRADERS HEAVEN.
Natural Resources
+ + Gold - $350-$400 test in 1999;
0/+ Oil Beginning slow recovery second half of 1999"
Also worthy of note:
"BIGGEST LOSERS will be the INTERNET STOCKS twinly afflicted by Saturn/Uranus and Y2K by the second half of the year. Expect a minimum of 50%+ losses for many of these "tulip" companies. Years ago, as a computer analyst, I wondered how Internet companies would eventually make money - what mix of advertising, subscription and/or e-commerce models. The right answer was none of the above - but to sell stock to the public or be aquired by an old-line media company! "
tfc.com
He was right on oil.
|
