The Taipan Group's 247profits e-Dispatch
Baltimore, New York, Chicago, Berlin, Bonn, London and Paris
August 23-24, 2004
***********************************************
***The dollar rallied across the board as oil prices retreated. Gold fell and
the euro dropped� thanks to Putin's announcement that Russian oil
companies are boosting production as well as exports �
***What are the four most undervalued, fastest-growing stocks in the
world? We're watching one sector that's set to explode. Read below for
details�
***From its inception in November 2000 to July 2004, Red Zone VIP has
generated total gains of 3,684%!
Find Out How This Amazing Wealth-Building Secret Generates
1,053% Gains Every Year!
http://www.youreletters.com/t/49229/3785361/644898/70/
***********************************************
>From the Desk of J. Christoph Amberger
Dear Friend,
Over the weekend, I received an email from a young dentistry student in
Germany. He wanted my opinion and advice on emigrating to the States�
for study, work and prospects of a "future."
Truth be told, he wasn't the first to ask me this. Over the past two years,
there have been at least a half dozen: former classmates and college friends,
some self-employed and with families, others still young and in the process of
finishing their degrees.
Oddly enough, they have one thing in common. They all ask me about
immigration "programs." What those are supposed to look like I don't
exactly know. A chauffeur holding up a card with their name at the airport?
"Olympic Village"-style accommodations to bridge the time until Uncle Sam
had drummed up a job and a home in the suburbs for them?
Accordingly, I am forced to confess my ignorance regarding "programmatic"
alternatives to risk-taking, self-reliance, and initiative� pointing out that life
in the USA is very much like enjoying the hospitality of the Black Whale Inn
at Ascalon from the German student song: "Who wishes to live here with
pleasure, pays cash for what he consumes."
Suffice it to say I rarely ever get a second letter from these would-be
immigrants. A reassuring thought: Life in Germany currently may not be all it
could be� but it isn't bad enough yet to trigger bursts of initiative.
***I've been watching the Najaf standoff with some puzzlement. There are a
few things I don't quite get. No, it's not that most Western media still speak
of the wild-eyed, black-robed shaman of a cult of hatred in terms of
"resistance" rather than putting him into his proper context: a Jim Jones fresh
out of Kool-Aid.
Rather, I'm surprised at how long it seems to be taking to roll up his hideout.
Did they run out of "daisy cutters"? As far as "holy ground" is concerned, I
don't recall the Western Allies being overly squeamish when it came to
rubbing out Monte Cassino after the invasion of Italy.
Of course, had the modern media been present during the Italian campaign in
World War II (or at D-Day in Normandy, for that matter), Gerhard
Schr�der would now be commander of the Third Reich outpost in
Novosibirsk�
***Having been bid up by speculators deftly using "Iraqi oil problems" -
yes, that's the same oil that up until a month ago was just a drop in the global
bucket - oil prices retreated today after Russian President Vladimir Putin told
US President Bush that Russian oil companies are boosting production as
well as exports and intend to continue doing so.
In this speculative environment, that's all it takes to set off a counter-trend:
the dollar rallied across the board as oil prices retreated. Gold fell, and the
other anti-dollar, the euro, dropped as low as US$1.2197.
In the absence of any major announcements of economic indicators this
week, this is as good as it gets.
***Editor's Pick: From its inception in November 2000 to July 2004, Red
Zone VIP has generated total gains of 3,684%!
That means this amazing wealth-building secret has generated 1,053% gains
every year!
Want proof? Visit:
http://www.youreletters.com/t/49229/3785361/644898/70/
Earnings Announcements for Tuesday, August 24, 2004:
ADE Corp., Candela Corp., Champps Entertainment, Dollar Tree Stores,
H&R Block Inc., Handleman Co., Heinz Co., Hughes Supply Co.,
OmniVision Technologies Inc., Qualstar Corp., Regis Corp., Sanderson
Farms Inc., Seachange International, and Toro Co. are some of the
companies releasing earnings.
Brought to you by your free daily "Profit Hog" e-newsletter. You can sign up
for your copy here:
http://www.youreletters.com/t/49229/3785361/380/0/
***Quote of the Day:
"(�) All that Swift Boat stuff. Geez, guys, Kerry said he's telling the
truth. Let it be. The carefully scripted, evasive half-answers and the
New York Times' tilted take is good enough for the Democrats. So,
what's the problem? I mean, who cares if 60 eyewitnesses, and a total
of 254 combat mates, think Kerry is a grade 'A' bulls**t artist? No
need to check the facts: they've gotta be wrong, and Kerry's obviously
right. Drink the juice.
"Now, repeat after me: it makes no difference that John-boy claimed
until just last week that he spent Christmas Eve 1968 in Cambodia. It's
really just a bit of poor navigation that he was 55 miles away, deep in
Vietnam, although he insisted on it every chance he got including on the
Senate floor.
"And it really, really doesn't matter that he claimed Richard Nixon was
the lying president at the time, although he still was waiting to be
inaugurated. We all know that worse things have been said about
Nixon, so you can't blame the ever-so-honest, self-righteous John
Forbes Kerry."
--Doug Giles, August 23, 2004
***WORLD OF PROFITS***
*** "The indicators continue to oscillate in negative territory for Monday.
Look for a breakeven to mildly bearish start of the week at minus 0.3%."
Our indicators may have been ahead of themselves. Hong Kong today pulled
a mildly bullish day out of its hat, with the Hang Seng closing at 12,431.77,
up 54.87 points (0.44%).
But our barometer still points to storm. Look for enough bearish energy to
build up over the next 48 hours to pressure the index down 1% and more.
*** "The indicators appear to be stagnant, indicating that trading will take
place in tight rails of +/-0.5%."
The Nikkei 225 moved along the upper rims of our forecast, closing the day
at 10,960.97, up 71.83 points (0.66%).
For tomorrow, the indicators paint no clear picture. The dollar's rally could
counterbalance the bearish pressure that appears to have been forming to
coast the index to another breakeven close around 10,900.
***DESK OF DENHOLM***
This just in from Taipan's resident Editor-at-Large, Martin Denholm:
Hi there. Hope you had a pleasant and restful weekend.
***China Scores Solid Nine: The revised numbers are in. Thanks to strong
performances from the communications and transport sectors and in several
service industries, China revised its GDP growth for the first half of 2004 up
to an impressive 9.7%.
Last week, I noted how, despite efforts to cool its red-hot economy, the
government isn't really succeeding. Several sectors continue to blaze an
extremely strong growth trail, and today's first-half figure follows 9.1% GDP
growth in 2003. So despite banks being ordered to stop lending and
projects such as homebuilding being halted, China's economy simply refuses
to cool down without a fight.
***Taiwan on a Tear. Sticking with the Asian growth theme, we move to
China's uneasy relative, Taiwan.
The two countries may have their political differences, but economically they
both enjoyed a stellar second-quarter performance. Thanks to record
exports and an influx of new investment, GDP growth galloped ahead by
7.7% from a year earlier - the best since Q1 2000. That followed a 6.7%
expansion during the first quarter.
Exports are a crucial part of Taiwan's economy, accounting for over half
annual growth. With a 29% leap during the second quarter alone, you could
tell first-half growth was going to be solid. On top of that, private investment
climbed 35%. The government expects an overall 24% rise in investment this
year.
With the domestic jobless rate at a three-year low, the Taiwanese
government has hiked its full-year growth forecast from 5.4% to 5.9%. That
would be the fastest pace since 1997. It did warn, however, that export
growth is projected to slow from the 29% second-quarter jump to 18% for
the full year.
***South Koreans Kick Up Growth: Rounding off today's "growth trio,"
South Korea's economy is also faring well, with second-quarter GDP
growth up 0.6% from the first and 5.5% higher than the same period in
2003.
Again, a strong export showing proved to be the mainstay of the economy
and should lead full-year economic growth to around 5.2% - up 2.1% from
2003. But the country does have some significant headaches.
Chief among them is that the country is the world's fourth-largest crude oil
importer - a rather grave issue, given current prices. With export growth set
to ease, it remains to be seen what kind of a strain this could place on the
economy. Besides using up greater amounts of cash, it could also prevent a
resurgence in consumer spending, which is already tepid thanks to a recent
rise in unemployment. The National Statistical Office said the jobless rate
rose to an eight-month high of 3.6% in July as the economy got embroiled in
a vicious cycle: low consumer spending = lower corporate profits = no
leverage to hire new workers = even lower consumer spending.
In a bid to end this cycle, the Bank of Korea recently cut interest rates by
0.25% to 3.5% - the first cut since July 2003.
That concludes today's whistle-stop tour of Asia. Hope you can join me
back here tomorrow.
***TAIPAN TIDINGS***
***Taipan September Issue Pre-Release: The Four Most
Undervalued, Fastest-Growing Stocks In The World�
By Christian DeHaemer
Since 2000, China has accounted for one third of global economic growth in
terms of purchasing power parity. This is twice as much as America. Last
year China's GDP growth rate was officially clocked at 9.7%. Some
economists believe the real rate was closer to 13%.
China is building growth on exports - up 40% last year. Its industrial output
has jumped 50%. Its demand for commodities has surged. In 2003 it
devoured 40% of the global cement supply. It also accounted for a third of
the growth in global oil consumption, 90% of the growth in world steel
demand, and more than all the new-production copper the world had to
offer.
I played this demand by banking 70% gains in Phelps Dodge (PD:NYSE)
from September 2003 to March 2004. That was largest move Phelps Dodge
ever made in a year. But that's nothing compared to this.
I'm going to recommend the four biggest, most undervalued and fastest-
growing stocks in the world.
These stocks could make early investors huge profits. Be sure to check
http://www.youreletters.com/t/49229/3785361/644899/0/ today for all the details in my
Special Pre-
Release Alert.
The opportunity is too big to wait for. And we'd hate for you to miss out on
the next round of Taipan profit taking! If you're not already a Member, or
you need to renew, visit this link to learn more and find out how to join us:
http://www.youreletters.com/t/49229/3785361/644900/70/
J. Christoph Amberger
Executive Publisher
and The Taipan Group's
247profits e-Dispatch Team
P.S. Not Everybody is Getting Battered in Today's Market
If you followed the EVS team's advice in their "Year of Profits" report,
you'd be sitting on 460% gains in just three weeks!
This same team just made investors aware of the opportunity to make 15%
and 20% in mere hours, 111% and 37% gains in less than a month, two-day
35% gains and another 44% in less than a week.
Discover their secret NOW:
http://www.youreletters.com/t/49229/3785361/644597/70/
===========================================
Keep the e-Dispatch coming to your mailbox!
If you enjoy reading the e-Dispatch, help us out by
"white-listing" our service... before delivery is interrupted.
You can find the details here:
http://www.youreletters.com/t/49229/3785361/134/56/
A big thanks in advance from your faithful e-Dispatch team.
===========================================
Now made available for e-Dispatch Readers Only!
Visit the 247profits e-Dispatch Blog. We update it daily.
It just another way for you to access our insights and
addictive stock market commentary.
To access the blog, visit:
http://www.youreletters.com/t/49229/3785361/367/56/
***********************************************
SPECIAL OFFER: As another 247profits e-Dispatch Membership
benefit, you have the opportunity to receive a FREE two-week
subscription to Investor's Business Daily.
10 FREE issues of Investor's Business Daily, the daily newspaper
for self-directed investors. Every issue of IBD includes stock
tables with IBD's exclusive SmartSelect Ratings, coverage of
institutional buying trends and 42 charts of top-rated stocks
currently advancing.
Here's where you can sign up:
http://www.youreletters.com/t/49229/3785361/391/56/
**NOTE TO AOL AND COMPUSERVE USERS: Please cut and paste the
links into your browser to access our special reports and other
offers.**
***********************************************
Copyright � 2004 by Taipan Group LLC. All rights reserved. The
Taipan Group's 247profits e-Dispatch is sent daily to a select
group of investors who share the courage and foresight to stay
ahead of today's markets. The Taipan Group unites the
stock-picking talents of several analysts and editors. We
publish a variety of monthly print newsletters, weekly and daily
trading alerts, and information services. Each of the services
is based on individual trading/investment philosophies or
vehicles and specific investment approaches.
Please note: It's not our intention to send email to anyone who
doesn't want it. If you would like to remove yourself from this
mailing list, please see the instructions at the
bottom of this message.
For more about us, and a summary of our editorial policy, please
read
http://www.youreletters.com/t/49229/3785361/392/56/
and
http://www.youreletters.com/t/49229/3785361/393/56/
Our Members Only service frequently referred to in the
e-Dispatch includes a subscription to TAIPAN, the monthly
communiqu� compiled by our Taipan Think Tank, as well as special
reports, rebates on conferences, and related information
services. For more information on how to enjoy full Membership
Privileges, please visit our home page:
http://www.youreletters.com/t/49229/3785361/394/56/
The Taipan Group's 247profits e-Dispatch is intended
specifically for mature investors with a strong sense of
individual responsibility who want to arbitrage different
viewpoints to optimize their personal investment strategy. We
reserve the right to remove readers we believe do not meet these
criteria from our distribution list without prior
notice.
You are welcome to distribute this message, at your discretion,
to others who you believe share the values of the Taipan Group.
NOTE TO OUR READERS: Taipan Group LLC or The Taipan Group's
247profits e-Dispatch does not act as an investment advisor or
advocate the purchase or sale of any security or investment.
Investments recommended in this publication should be made only
after consulting with your investment advisor and only after
reviewing the prospectus or financial statements of the company
in question.
Taipan Group LLC expressly forbids its writers from having a
financial interest in any security that they recommend to their
readers. Furthermore, all other employees and agents of Taipan
Group LLC and its affiliate companies must wait 24 hours before
following an initial recommendation published on the Internet,
or 72 hours after a printed publication is mailed.
*******
This email was sent to
[EMAIL PROTECTED]
because you or someone using your e-mail address subscribed to
this service.
*******
To unsubscribe, Click the following link or copy and paste it
into your browser:
http://www.youreletters.com/u?id=3785361N&u=http://www.247profits.com&l=dispatch
[Non-text portions of this message have been removed]
------------------------ Yahoo! Groups Sponsor --------------------~-->
Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar.
Now with Pop-Up Blocker. Get it for free!
http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/BCfwlB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/kumpulan/
<*> To unsubscribe from this group, send an email to:
[EMAIL PROTECTED]
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
