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Wednesday Oct 04, 2006

Historic records and gaping pits of hell

Taipan Group's Dynamic Market Alert

By J. Christoph Amberger

 

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The most lucrative Chinese energy partnership in over a decade could net you 1084% almost overnight! 

Once a simple piece of government legislation is approved, one $1.50 Australian company will quickly become one of the world’s largest suppliers of energy to China’s 1.3 billion citizens.  For early investors who get in before the law is passed, this company could hand you a quick quadruple digit gain and send you into an early retirement!  For all the details on this historic energy deal, please read on...

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Historic records and gaping pits of hell

by J. Christoph Amberger

Gold turned to lead yet again, temporarily plunging past $560. I had WaveStrength oracle Adam Lass run a chart on where this all was leading. Based on this week’s price curve, he sees another 5% drop possible by next Wednesday, at which point gold would establish a healthy resistance -- or face what chartists call the “gaping pit of hell.”

The Dow Jones Industrials, however, did what the bears had not thought possible. When I last checked in early afternoon trading, it had blown past 11,800 -- and had moved beyond 11,825.

Another all-time high, for the second day in a row. And as yet, there’s not a trace of irrational exuberance to be seen.

The S&P 500 also hit a five-year intraday high.

-- Did oil follow gold or gold follow oil? Considering the disparity in market size, the answer seems clear.

But despite having plummeted over 20% since its summer highs, oil remains high on a year-over-year basis, when correlated to pre-Katrina prices. But the reversal of the price trend is putting the squeeze on some countries that had quickly and easily grown accustomed to surplus petrodollar margins.

Neo-com Venezuelan President Hugo Chavez is one of those characters. The man who, like his Iranian counterpart, was predicting $100 and $200 a barrel price levels now says that prices “should not fall below $60 a barrel.”

To prop up prices, Chavez ordered a cut of 50,000 barrels in oil production per day. And just three days ago, Chavez was quoted as saying that a “fair price” was $50 a barrel.

He may be treated more than fairly if oil’s slide is anywhere near that of its conjoined twin, gold bullion. And like any good state monopoly capitalist, he may find himself between a rock and a hard place sooner rather than later: Having squandered millions of petrodollars on Russian arms and photo ops in Tehran and Havana, 10% of all Venezuelans still live in extreme poverty. Fifty percent of the county’s 26 million inhabitants earn less than $2 a day. And only 10% of the labor market is employed, while 52% are “freelancers” -- such as street vendors.

Come 2007, he may find that he ought to have invested his petrodollars in butter instead of cannons...

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TAIPAN TIDINGS

This stock could return 9-14 times your money…

By cornering the best diabetes research in America. You can quietly make a fortune with one stock. For two years I’ve wanted to tell my readers about this company that has the potential to cure diabetes. I couldn’t before because there was one last piece of information waiting to fall into place. Now it has!

All the details are in this Special Report. Click here to read it…

Earnings Announcements Thursday, October 5, 2006

Acuity Brands Inc, Constellation Brands Inc, Helen of Troy Ltd, International Speedway, Marriott International, Micron Technology, Rocky Mountain Chocolate Factory, Saba Software Inc, Team Inc, and Vail Resorts Inc are releasing earnings.

Brought to you by http://www.AmericanCapitalist.net

 

Unlock Dates for October 2006

Wendy’s will distribute its remaining 82.75% stake in Tim Hortons Inc on September 29, 2006.  When these shares flood the market, look for THI to drop.  THI has a PE of 19 as compared to a company like McDonald’s, which trades with a PE of 16, is much cheaper, and has more growth.

10/3/06 – Visicu Inc is unlocking 6 million shares.
10/3/06 – Castle Brands Inc is unlocking 3.5 million shares.
10/4/06 – Sealy Corporation is unlocking 28 million shares.
10/23/06 – Corel Corporation is unlocking 6.5 million shares.
10/31/06 – Delek US Holdings is unlocking 10 million shares.

Brought to you by http://www.vixtrader.com

 

Upgrades and Downgrades

Knight Transportation upgraded by BB&T Capital Markets from Hold to Buy.

Talisman Energy upgraded by BMO Capital Markets from Market Perform to Outperform.

National Beverage upgraded by Matrix Research from Sell to Hold.

General Motors upgraded by Bear Stearns from Underperform to Peer Perform.

Toyota Motor upgraded by Banc of America from Neutral to Buy.

USA Truck downgraded by BB&T Capital Markets from Hold to Underweight.

Educate Inc. downgraded by Matrix Research from Sell to Strong Sell.

Carnival downgraded by Matrix Research from Hold to Sell.

Verizon downgraded by RBC Capital Markets from Outperform to Sector Perform.

Cabot Oil & Gas downgraded by Banc of America from Buy to Neutral.

Ford Motor downgraded by Bear Stearns from Outperform to Peer Perform.

TiVo downgraded by Bear Stearns from Peer Perform to Underperform.

Tyson Foods downgraded by JP Morgan from Overweight to Neutral.

Brought to you by http://www.gressor.com

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Quote of the Day:

“Bob Woodward has a new book out. He’s had three now. In the first two he said that President Bush was firmly in command. Now in the third one he says that the Bush administration is in denial with confusion and bickering. Forget all that, I want to know if I can get a refund on the first two books? “

- Jay Leno, October 2, 2806

P.S. Right now this little-known drug company is quietly tiptoeing under Wall Street’s radar.
On October 20, 2006 when it receives final FDA approval, this $16.46 company will become one of the biggest names on Wall Street…
I’ll show you how to turn this advance information into a $13,600 payday.

Click here to find out...

 


 


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