(MONEY Magazine) – Every May for the past seven years, Henry Weingarten, a financial astrologer, has held his market forecast conference. Why May? The 17th is the New York Stock Exchange's birthday, making it a Taurus (the bull).

This year, says Weingarten, planetary realignments augur a market plunge. Eclipses will roil markets starting in July, and the Dow will hit 7001.67 before the year's end. He suggests reducing exposure to tech and Internet companies, "and anything else that is 'value challenged,'" and putting 40% of holdings in cash. Weingarten also likes gold and real estate stocks.

But don't run for the hills just yet. In 1992, Weingarten predicted that George Bush would be reelected president. In 1994, he foretold a 25% stock market correction. While 1994 was no stellar year for equities, the market did not crash. Nor did Bush win in '92. Weingarten, though quick to admit his misses, prefers to emphasize his hits, including Asia's 1997 collapse. "I'm surprised by the market, just like everybody else--but only half the time," he says with a grin.

--PABLO GALARZA