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NASDAQ 2,243 in 2003 –
NASDAQ 5,078 in 2016
October 30, 2002
The Future’s So Bright
October 23, 2002
TLK
up 8%
October 16, 2002
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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NASDAQ
2,243 in 2003 – NASDAQ 5,078 in 2016
By Christian DeHaemer and Ian L. Cooper
One of the most profitable Taipan plays over
the last two weeks has been our Nortel (NT:NYSE)
recommendation. If you bought in at 78 cents, continue
holding. We’re now up more than 49% as it passes US$1.16.
Not bad at all considering the market mayhem we’re seeing
on a daily basis.
Do keep in mind that Nortel is a long-term play. You
know as well as we that the telecom industry has seen
better days, and that the best time to buy in is when
they’ve hit rock bottom. We did that with NT. The good
news these days, following massive cost cutting, is
that they are targeting a return to profitability by
the time 2003 rolls around. We’ll have to wait and see
at this point. If you’re counting on any telecom returning
to where it was in 1999 and 2000, though, don’t hold
you breath too long.
Elsewhere, according to DeHaemer, it’s not that the
bears are right, nor that the bulls are right – they’re
both wrong. We are in a secular bear market that could
last 16 to 20 years. This corresponds to the time it
takes for a new generation of fools to believe that
“this time it is different.” This has been proven by
the last four major bear markets, including the one
now going on in Japan.
Bear markets lasting 16 to 20 years have been standard
fare going back 150 years. Based on this, here’s our
prediction: it will take from March of 2000 to November
of 2016 for the NASDAQ to hit 5,078 again.
Here’s why: from 1905 to 1921, buy-and-hold investors
lost money. From 1929 to 1950, they lost money. From
1966 to 1982, they lost money again. It takes a full
generation before there are people willing to chase
new stocks. If you are a buy-and-hold investor, you
will go broke.
But before you convert your strategic portfolio holdings
into Yu-Gi-Oh! cards, consider this. There will be at
least six massive rallies within the parameters of that
bear market. The first one will be by far the largest.
The NASDAQ is currently trading at 1,325. In one year,
I think the NASDAQ could be at 2,243! That, too, has
historical precedent: between 1932 and 1937, the Dow
climbed more than 300%!
This is how the Red Zone VIP team will
play it.
- We will know the trend through the Tri-Directional
Indicator.
- We will know the turning points by playing the
Volatility Index (VIX).
The volatility index measures the put/call ratio. Whenever
the VIX spikes and plummets like a shark’s tooth, there
is going to be a turnaround in the market. I can superimpose
this chart on the NASDAQ to provide a clear image. The
bigger and more dramatic the spike, the bigger and more
dramatic the turnaround.
Therefore, we know when to change from short to long
– like we did recently to catch this latest rally. Using
the TDI, we also know when to stay long so we don’t
get faked out of further gains. With pretty darn good
results: since September, we’ve recommended plays that
have made 176%, 66%, 9%, 45%, 42%, 27%, 100%, 76% and
127%.
Please join us – the first movers make the largest
gains. Click
here for more. |
MMM
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