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Still
Profiting
October 9, 2002
Midway
on Hold
October 2, 2002
MWY
Gain
September 25, 2002
HPON
on Hold
September 18, 2002
HPON
Hold
September 11, 2002
Bullish
on Gold
September 4, 2002
DG
Reports 8/29
August 28, 2002
Buy
Opportunity
August 21, 2002
Retail
Survivors
August 7, 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
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Still
Profiting
By Ian L.
Cooper
In a special
posting to the taipanonline.com site yesterday, we urged
you to take profits on 99 Cents Stores (NDN:NYSE)
and hightail it out of Dodge. If you bought in US$20.70
on July 22, you took a 13% gain yesterday as it flew
past US$23.45. Congratulations to those of you that
followed our buy and sell recommendation.
Any time
you can take a profit in this market, take it. Just
yesterday, NDN reported that total sales for Q3 rose
19.5% to US$172.1 million from the US$144 million posted
just one year earlier. Retail sales were up 22.6% to
US$160.4 million from US$130.8 million. The company’s
nine-month same-store sales were up 3.7% as total sales
rose 24% to US$503.1 million. NDN now expects retail
sales to grow at an annual rate of 25%.
Again, congratulations.
---------------------------------
Right now,
from a technical perspective, the Dow’s chart looks
very similar to 1998. That year, the Dow suffered a
brutal beating between July and September, dropping
1,800 points. Stochastics were floored, money-flows
were at historical lows, and momentum was at a relative
low. Sound familiar?
It then
tested those lows during the first couple of weeks in
October. Then it launched. By the end of November, the
Dow had jumped nearly 2,000 points, from 7,500 to just
shy of 9,500.
It’s
tough to say that a 2,000-point run is coming for the
Dow without sounding like a crackpot. The markets may
still have some near-term lows to hit. But there’s
no denying the potential for a sizeable rally between
now and the end of the year. And if we catch a big run
while holding some way-out-of-the-money Dow calls, well,
the gains could be the stuff of legends. Click
here.
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MMM
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