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| Friday Nov 03, 2006
Forget about rate cuts any time soon!Taipan Group's Dynamic Market AlertBy J. Christoph Amberger------------------ The Amazing True Story of How $1,000 Could Have Grown into $19,712.69 in Eight Weeks…How You Can See 50 Winners Out of 50 Total Plays… And How You Can Safely Balloon $1,000 Into $78,635… All in Less than 10 Minutes PER WEEK! ------------------ Forget about rate cuts any time soon!by J. Christoph Amberger The Labor Department showed 92,000 more jobs created in October, and upgraded the previous two months by a total of 139,000 more jobs than previously reported. It revised up September’s job-creation total to 148,000. Given the size of the correction for August and September, it stands to reason that the current October numbers are a tad on the low side as well. The unemployment rate for October came to 4.4% -- the lowest unemployment rate since 4.3% in May 2001. Given the potential for upgrades of the October data, we actually may end up being closer to 4.1%. This does not account for the 20%+ of the Mexican labor market who thriftily has outsourced its unemployment and foreign currency inflow problems to the States. (I’ve mentioned before that Europeans have a term for this kind of jobless rate; they call it “Full Employment.”) And not only were more Americans working, they’re also earning more and working more. Meanwhile, the Institute for Supply Management’s index of non- manufacturing businesses increased to 57.1 from 52.9 in September -- indicating a healthy expansion in the service industries (including construction, banking and retailing) that account for almost 90% of American gross domestic product (GDP). These numbers not only give the lie to those who like to paint garish pictures of the decline of the American economy under the Bush administration... it represents a positive outlook for the coming retail shopping season... and a valid argument against imminent interest-rate cuts. After all, higher wages and less labor supply spell higher labor cost -- which in most industries are already exponentially higher than energy expenditure. -- I’ve known of WaveStrength’s creator, Adam Lass, for the better part of the last decade. But my first business contact with him was in 1998, when I commissioned him to write a 12-page report on European investing risks and opportunities for Taipan. Knowing just how laissez faire freelance investigative reporters can be, I was more than a little concerned when he was vague as to whether he could make the two-week deadline: “Europe? Hmmm. I’m certain I can come up with a page or two. Give me a couple of days.”It didn’t sound good. Five days later, an inch-thick envelope arrived via FedEx. Inside was a 50-page typed draft on the entire global investing picture -- Europe, Asia, South America, even Africa, replete with charts, photos and footnotes, including, among other things, a complete assessment of a Thai condom factory “with amazing potential for expansion.” Also in the envelope, a handwritten note: “Sorry, but this is all I could manage on short-notice - A.” In the decade since, I have learned to expect voluminous, detailed, imaginative reporting on an amazingly broad range of topics -- regardless of what I ask for. So I was a little apprehensive when I sat down to interview him about his newest venture, WaveStrength Options Weekly. J. Christoph Amberger: You have written extensively on the risks of investing in blue-chip stocks. And yet now you are using those same stocks as the platform for your new service. What were you thinking? Adam Lass: From a historical point of view, I have real problems with the way this whole run-up to Dow 12,000 was purchased with cheap dollars. But this is an overarching “macro” argument. Within any market, be it bull or bear, there are all sorts of opportunities. Ignoring them for philosophical reasons is just nuts. JCA: So how do you manage it? How do you sort out winners from losers? AL: It’s simple enough: I comb through the S&P 100 (OEX) on a daily basis looking for stocks that have certain conditions. I want to see a stock penetrate a weekly resonant prime moving average. And I want to see that move confirmed by a reversal in that stock’s Money Flow Oscillator. This combination reveals high probability moves lasting four to 40 weeks. JCA:I always shudder when you say, “it’s simple.” And yet your systems have amassed an amazing track record. How is this latest one faring? AL: Actually, I really have worked hard to simplify things for the reader this time. In a typical WaveStrength Options Weekly issue, you would find an easy-to-read chart of a blue-chip stock, with the key signals clearly marked. After a quick sector analysis and value profile, you would get a simple option play that should amplify the expected move tenfold. JCA: “Amplify tenfold?” What does that mean for readers in plain English? AL: I do get carried away. In plain English, Since July, WaveStrength Options Weekly readers have been offered 12 simple positions. Every single one has made gains. Our current average gain is 57.86% and our current cumulative figure is 694.38%. JCA: Now that I understand. At risk of taking this into the absurd: Who is your favorite Beatle? AL: Oh, George Harrison, absolutely. Did I ever tell you about the time I saw them in New York? It was 1964… Read more about Adam’s new WaveStrength Options Weekly.
Earnings Announcements Abraxas Petroleum, Activision Inc, Altera Corporation, Anadarko Petroleum Corporation, Big 5 Sporting Goods Corporation, Bookham Inc, Charles River Laboratories, Corrections Corporation of America, Digital Angel Corporation, El Paso Corporation, eSpeed Inc, Fluor Corporation, Henry Bros. Electronics Inc, Lifetime Brands, Mercury General, Netease.com Inc, OpenTV Corporation, OSI Pharmaceuticals Inc, RAE Systems, RealNetworks Inc, Sonus Networks, Telik Inc, Tucows Inc, Virage Logic Corporation, and XM Satellite Radio are releasing earnings. Brought to you by http://www.AmericanCapitalist.net Unlock Dates for November 2006 Brought to you buy http://www.gressor.com
Upgrades and Downgrades Annaly Mortgage upgraded by JP Morgan from Neutral to Overweight. Audible upgraded by Jefferies & Company from Underperform to Hold. JDS Uniphase upgraded by Deutsche Securities (Hold to Buy) and by Needham & Company (Buy to Strong Buy). Sina upgraded by Citigroup (Hold to Buy) and by Piper Jaffray (Market Perform to Outperform). Zimmer Holdings upgraded by Wachovia from Underperform to Market Perform. aQuantive downgraded by Merriman Curhan Ford (Buy to Neutral) and by RBC Capital Markets (Outperform to Sector Perform). Hasbro downgraded by Matrix Research from Buy to Hold. Qualcomm downgraded by Oppenheimer from Buy to Neutral. Red Robin Gourmet downgraded by CIBC World Markets (Sector Outperform to Sector Perform), by Friedman Billings (Outperform to Market Perform), by Bear Stearns (Outperform to Peer Perform), and by Banc of America (Buy to Neutral). Tyson Foods downgraded by Credit Suisse from Outperform to Neutral. Brought to you by http://www.vixtrader.com
TAIPAN TIDINGS While Morgan Stanley, Goldman Sachs, and Citibank fight for control of China’s sizzling new IPO sector... Quote of the Day: “Of course Americans should vote Democrat.”
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