ro Digest THE ROSNER MARKET LETTER® Hadassah President Visits Hadassah will welcome June Walker, national president, who will speak at a special donor event on the evening of Tuesday, Aug. 31. Walker had worked as a chemist, then went back to school to become a respira- tory therapist while raising three children and doing volun- teer work for Hadassah. She held various positions at the Walker local and region- al levels and served nationally as chair of American Affairs-Domestic Policy and the Hadassah College of Technology vice president For event information, contact Hadassah, (248) 683-5030. Women Present Grants The Jewish Women's Foundation of Metropolitan Detroit, a grant-mak- ing and educational foundation established to enhance the lives of Jewish women and girls, will host its meeting of the board of trustees Wednesday, Sept. 8, 11:30 a.m. to 1:30 p.m. at the Max M. Fisher Federation Building, 6735 Telegraph Road in Bloomfield Township. In addition to the presentation of the founda- tion's 2004 grant awards, the meet- ing will feature Dobkin Barbara Dobkin, who will address the topic of women's philanthropy and leadership. Dobkin is the founder and chair of Ma'yan, the Jewish Women's Project, a program of the Jewish Community Center in Manhattan. The meeting is open to the pub- lic. The cost of the luncheon and program is $18 per person. For information, call Helen Katz, (248) 203-1483 or email katz@jfmd.org 5209' WATERVIEW DRIVE WEST BLOOMFIELD, MI 48323 INVITATION TO A FREE WORKSHOP The purpose of this letter is to help investors make better investments. I believe that profits should be taken when the market enters the high risk zone and that investments should be made when the market falls into the low risk investment zone. Stock picking and market timing will always be important. Investors' biggest single mistake is giving back profits that they had in their hands. I believe if an investor is going to make a mistake make it with the profits in your pocket. After all, no one ever went broke taking profits. HOW DOES READING THIS LETTER HELP INVESTORS? In 1987 I warned readers to get out of the market three weeks before the crash. In my September 1999 letter, three months before the Dow Jones Industrials peaked, I said "THE LONGEST CYCLICAL BULL MARKET HAS ENDED" and "the Dow Jones Industrials will decline at least 2,265 points and probably will fall more". The Dow fell over 4,000 points before stopping. Three months later in my January 2000 letter, which was the actual month the Dow Jones Industrials reached their ultimate peak, I predicted the stock market would suffer its biggest decline since the 1990 Bear market and that internet, communi- cation and technical stocks were about to get their comeuppance. In my January 2004 letter I said "The Confidence Indicator is at the highest level in 18 years which is saying the stock market is extremely overconfident" and that resistance has appeared that will terminate this market advance. A few weeks later the Dow Jones Industrials peaked and the stock market began a decline that is still continuing And it all happened as predicted! You are cordially invited to the FREE WORKSHOP How Far Could The Dow Jones Industrials Fall Before Finding a Strong Bottom? How High Can Interest Rates Go? The Mystery Surrounding Alan Greenspan's Break With Federal Reserve Tradition. The Falling Dollar and What It Really Means To Investors and Consumers. Is Inflation Really a Threat To The Economy And The Stock Market Now? Speaker: Joel Rosner, JD The program will start on time. Time: 7:00 PM Date: Thursday, August 26, 2004 Place: Birmingham Community House Reservations not required. Seating is Limited Published Monthly $300 Yearly 876230 BEST DEALERSHIP BY THE Voted JEWISH NEWS READERS 2003 I SU Z U <11‹.4 TaMBIRCIFF MOTOR MALL www.tamaroffecom 248-353-1300 Southfield 875270 , 8/20 2004 23