Taipan Members Club  

Lifetime Subscriber Hotline
August 7, 2002


Current IssueHotlineClassifiedMember Services

     

 

Retail Survivors
July 31, 2002

Average 20.6% Gain
July 31, 2002

Hold NDN
July 24, 2002

Still Loving the Fall
July 17, 2002

ITRU up 68% - Hits 52-week high at US$3.23
July 10, 2002

NASDAQ Down 31% YTD
July 3, 2002

Take Profits on IBN
June 19, 2002

92% Gains on IBN—Hold
June 12, 2002

Nuclear Cool-Down = 79% Profits
June 5, 2002

Hold Everything
May 29, 2002

Wink up 39% -- Hold
May 22, 2002

Wink up 39%
May 8, 2002

IC Update
May 1, 2002

Book 'em, Dano! Part III: Take 20% on EK and 6% on XOM
April 24, 2002

Hold JPM
April 17, 2002

EK Doing OK
April 10, 2002

Beer Deal of the Century
April 3, 2002

Book 'em, Dano: Take 22% on ABY and 3% on IP
March 27, 2002

31% Gains
March 21, 2002

Sasol Reports
March 13, 2002

Hold Everything
March 6, 2002

SPP Surge
February 27, 2002

Profiting in a Market Slump
February 20, 2002

83% on USOO
February 13, 2002

SPP on the Rise
February 6, 2002

TMCS Earnings
January 30, 2002

Hold all Positions
January 23, 2002

USOO Continues its Streak
January 9, 2002

Chip Sales Rise
January 2, 2002

 

 

Retail Survivors

By Ian L. Cooper

July, typically a slow sales month, is expected to show less-than-stellar results because May and June were so successful for retailers. Retail sales for July are expected to have only grown 3%, compared to the 5.1% increase in June.

Despite June's success, many retailers were forced to make markdowns as they dealt with slow mall traffic. Just last week, retailers such as Hot Topic warned of poor July figures and Q2 profits. Fortunately for those of you that bought into our dollar discount plays, DG and NDN, they continued to show marked improvement. DG is expected to posted same-store sales growth of more than 7%, compared to the 1.1% decline expected for specialty apparel chains and the 2.7% decrease for department store sales.

Continue holding Dollar General (DG:NYSE) and 99 Cents Only Stores (NDN:NYSE).

Elsewhere, Chris DeHaemer has been looking at Microsoft, the bluest of blue chips. The share price is below all three trendlines. This is a clear bearish signal. It has fallen through its three-year support level at US$50 and is now trading at US$45. The next stop is US$41.40, and then you have to go to US$32, which was set back in 1998.

Microsoft is the largest company in the world, with a market cap of US$247 billion and sales of US$28 billion. It has the biggest influence on all the market indexes. Keep an eye on it. If it bounces above US$41, you might consider going long. If it slices through that, and there is a good possibility given the poor performance of everyone else in the computer industry, I'm short until it hits US$32. At that level, however, I'm the first bull among bulls, because the support level is very strong.

---------------------------------

If you haven't been privy to the Red Zone's exclusive VIP service - it's time you get to know it. VIP traders cashed out with an 82% gain Friday - and are up 68% in only 6 days on another hot play. One investor writes: "I have doubled my money on every play you've given us…"
--Red Zone VIP subscriber D.G.

Click http://www.agora-inc.com/reports/TRV/WealthBuilder/ for more on the team that raked in 108% profits in six days playing OEX options.

MMM

Members Club LinksTaipan FAQsAbout Us
Our PolicyAdvertise Join Taipan Search Taipan

The Taipan Network
Taipan TraderRogue TraderCutting EdgeThe Hammer

© Copyright by Agora Taipan, LLC • 808 Saint Paul Street, Baltimore, MD 21202 USA.