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The following archived newsletter contains links to news stories
that may have been updated since they were published.
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Fiasco Trade of the Day http://www.fiasco.ca
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Monday, November 4, 2002
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Dear Reader,
Using his proprietary trading system, Thierry Martin has identified a stock which he believes will trade higher within the next few days.
COACH INC (NYSE - COH)
TARGET= + $3.00
Coach, Inc. is a designer, producer and marketer of modern American classic accessories. The Company's primary product offerings include handbags, women's and men's accessories, business cases, weekend and travel accessories, leather outerwear, gloves, scarves and personal planning products. Together with its licensing partners, Coach also offers watches, footwear and home and office furniture with the Coach brand name. The Company's products are sold through a number of direct-to-consumer channels, which at fiscal year-end 2002, included 138 United States retail stores, direct mail catalogs, online store; 74 United States factory stores and two United Kingdom retail stores.
For the 13 weeks ended 9/28/02, net sales increased 28% to $192.8 million. Net income increased 79% to $22.5 million. Revenues reflect the strong consumer demand. Net income also benefitted from increased gross profit margins and lower SG&A expenses.
Latest free research reports on COACH:
http://fiasco.ca/r/multex/reports_coh/
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Wall Street Trader's Column
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Buy Alert! INTUIT INC (INTU) Nasdaq
Report No. 1635 Analysis by: Harry Aloof NOVEMBER 4, 2002
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INTUIT INC (INTU-Nasdaq): Technical Viewpoint: From a low of $43.00 on Oct 7, 2002 prices rallied, reaching a high of $53.48 on Oct 23, 2002. A decline saw prices pull back, reaching a low of $48.50 on Oct 29, 2002. Another rally saw prices penetrate resistance line "A", closing 11/1/02 at $54.01. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 1, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $49.00. Resistance: Is at $56.31. Point & Figure: Reversed to the upside on Oct 31, 2002. A P&F downside reversal takes place at $51.00. Summary: Technical indicators have turned bullish. BUY! INTUIT INC (INTU-Nasdaq) @ $54.63 Stop: Use a protective stop of $52.13. INTUIT INC is currently trading @ $54.01 plus $2.09 on Nov 1, 2002. Price Objective: $64.00. Risk/Reward: $2.50 VS. $9.38. Today's Risk Reward Ratio: 4:1
To view the above report with charts click here:
http://www.fiasco.ca/r/wall_street_traders/
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Fiasco Partner Sites
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Trading System of the Week
http://www.trading-system.net
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Stock-Links.com
http://www.stock-links.com
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Fiasco Trading and Investing Bookstore
http://www.fiasco.ca/r/bookstore/
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TradingMarkets - TradersGalleria
http://www.fiasco.ca/r/tradersgalleria/
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Complimentary Research
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Brown Brothers Harriman reviews market conditions and explains why investors should maintain portfolio quality.
BBH recommends types of companies investors should focus on. That, plus it discusses the macroeconomy, strategic allocation, style, valuation, dividends, and lists 19 stocks it terms "potential quality buy candidates." This report is free to members until Thursday, Nov. 7.
http://fiasco.ca/r/multex/f/reports_1/
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Editor's Pick: Current Research From the Cutting Edge
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Lehman Brothers examines the political and economic backdrop prior to midterm elections.
Lehman discusses how electoral politics matter to markets, illustrates S&P 500 performance in mid-term election years, lists important Senate & House races, shows results of recent public opinion polls, and looks at political positioning on health care issues. (18-page report for purchase - $50)
http://fiasco.ca/r/multex/f/reports_2/
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Independent Review
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Morningstar offers its view on the broader biotechnology group.
M'Star provides a look at the development and strategy of the group over the years. It also examines 3 types of biotech firms (bellwethers, profitability in sight, speculative) and provides examples of each. Also, risks and the outlook for the industry. (3-page report for purchase - $10)
http://fiasco.ca/r/multex/f/reports_3/
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What's Hot?
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Bear Stearns discusses a 'positive surprise' from online
retail giant Amazon.com (AMZN).
The firm identifies 2 factors behind the upside in AMZN's Q3
numbers, examines the company's revenue/EPS prospects for
the remainder of the year, effects of the new $25 free
shipping program, financial position, cash flow, and
valuation. (5-page report for purchase - $10)
http://fiasco.ca/r/multex/f/reports_4/
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Highly Recommended
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A free 30-day trial subscription to Erlanger Squeeze Play,
PLUS bonuses worth $227. Learn why the biggest names on Wall
Street follow Phil Erlanger's buy and sell recommendations.
http://www.fiasco.ca/r/erlanger_squeeze_play/
Dear Reader,
"When Faced With Market Uncertainty, Most Investors Do What Everybody Else Is Doing"
It's a fundamental of market psychology: Individual investors have a tendency to move with the crowd.
For as long as there's been a stock market, institutions and Wall Street insiders have capitalized on this principle. Making countless billions off the mistakes of the masses.
"Wall Street Insiders Call It A Squeeze Play"
When a large number of investors place a bet and the market moves against them, the crowd often throws in the towel en masse.
Under specific conditions, such collective investor capitulation fuels a short-term advance or decline phase - an opportunity that creates fortunes.
"Exploit the Herd Mentality of the Financial Markets"
Legendary market technician, Phil Erlanger, has spent the past eight years developing proprietary mathematical models of this incredible market phenomenon.
Surrounded by a vast computer array at his headquarters just outside of Boston, Phil identifies squeeze plays based on what actually happens in the markets.
Using reliable quantitative price movement and sentiment indicators, Phil Erlanger has succeeded in turning the art of the squeeze play into a science.
"Exclusively For Institutions And Savvy Investors"
Phil Erlanger and his team of researchers continually monitor over 6,000 stocks, 139 industry groups and 18 sectors for leading financial institutions such as FidelityTM, OppenheimerTM and the Bank of TokyoTM.
Now for the first time, Erlanger Squeeze Play (ESP) is available to individual investors by subscription.
"Erlanger Squeeze Play Gives You The Power"
Simple and easy to use, Erlanger Squeeze Play provides a disciplined way to identify and capitalize on the mistakes of the masses.
Each month, you'll get detailed market analysis, rankings of industry groups and sectors, evaluation of seasonal cycles and bottom line strategies.
What's more, every issue includes an exclusive listing of Phil's top twenty picks for both short and long squeeze plays.
Then, throughout the month you'll receive Erlanger Squeeze Alerts. Urgent buy and sell recommendations, updates and comments from Phil Erlanger himself.
"Because You're Either Part Of The Herd Or You're Profiting From It"
This very second, thousands of investors are surrendering millions of dollars to a squeeze play.
Don't delay, subscribe to Erlanger Squeeze Play today and make their loss your gain.
SUBSCRIBE NOW
And Access This Valuable Information Right Away.
http://www.fiasco.ca/r/erlanger_squeeze_play/
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Recommended Stock-Picking Services
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Financial Picks
http://www.financialpicks.com/a/fiasco/
Samurai Stock Trader
http://www.fiasco.ca/r/samurai_30_days_free/
Erlanger Squeeze Play
http://www.fiasco.ca/red/af/erlanger_squeeze_play.html
NetPicks
http://www.fiasco.ca/r/netpicks_2_weeks_free/
NetPicks DayTrader
http://www.fiasco.ca/r/netpicks_daytrader_free/
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All Rights Reserved © 2002 Fiasco Productions Inc.
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