GLOOM & BOOM FOR 2002
Markets could start in a drift-along, uncertain mood as investors
chase straws in the wind, but in the first quarter, shipping,
pensions and insurance could do better than expected. By Easter,
watch for good opportunities with an attractive bonds issue and
the flotation of a well-established name.
Early summer brings a bullish mood with a strong upward surge in
tech stocks after Saturn triggers Uranus on 21 August.
Electronics, electrical equipment and engineering could all do
well then, but the turnaround comes from Jupiter's entry into
fiery Leo on 1 August. Once that ignites, confidence returns and
the markets will begin to roar. Amongst the strong performers,
look out for leisure, entertainment and gambling, tourism, hotels
and luxury retail, oil and gas, chemicals and pharmaceuticals.
In the second half of the year, the worst upsets are around the
time of the 9/11 anniversary, and around 10 October when fraud
and bad ethics shake things up and undermine market confidence.
Off-shore investments are also under pressure, with increasing
calls for big-brother legislation in late autumn. But no matter.
By the end of the year, markets are set to boom and with nothing
to hold them back, it's up, up and away.