The Taipan Group's 247profits e-Dispatch

Baltimore, New York, Chicago, Berlin, Bonn, London and Paris

September 13-14, 2004



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***Let's follow the election money�

***Politicos and mainstream media types are working overtime trying to 
sweep Docu-Gate under the rug� Wall Street's latest scam� and 
more!

***And they say you can't make money in a sideways market�
Ian Cooper's Extreme Volatility Speculator today showed readers 
how to lock in a painless 118% gain in less than five days. Use this 
system to outperform other investors and make big gains fast. Visit this 
link for details:
http://www.youreletters.com/t/58404/3785361/646848/70/

          ***********************************************



>From the Desk of J. Christoph Amberger


Dear Friend,

A coin newsletter I received last weekend blared in its headline: "Gold 
Over $400 Again!"

The date of publication was September 1. That's the beauty of a 
sideways market: gold may have spent most of the past 12 days below 
US$400� but in this market, that kind of headline never goes 
completely out of style. It's like predicting the dollar at US$1.20 per 
euro or the Dow at 10,150.


***Unimpressed by the stagnant simmering of the financial markets, Ian 
"Hot Hands" Cooper's Extreme Volatility Speculator today started 
spitting out profits like a popcorn machine: "If you bought into the QQQ 
calls on September 8, exit them today for a painless 118% gain in less 
than five days. Take it. Do it now."

That was all Ian had to say.

And Chris DeHaemer, inventor of the Red Zone Profits system, added 
a note from Rachanee C., who reports:

"I am a subscriber to the Red Zone not too long ago. The reason is to 
get more opinions on nano stocks, something I already know. In the 
month of January alone this year, I made $213,800 on 3 nano stocks 
such as NANX, NGEN and ALTI. It is awesome! I followed these and 
many. You asked for subscribers to tell you how we are doing. I am 
buying some other nano stocks, thought you too would like to know. 
These stocks have bottomed and it's time to be in."

And they say you can't make money in a sideways market�


***You can almost hear the "swish, swish, swish" of journalistic corn 
brooms, even down here in Baltimore: Politicos and mainstream media 
types are working overtime trying to sweep Docu-Gate under the rug.

Will they succeed? And what effect, if any, does something like this have 
on the presidential election?

Let's follow the money: apparently, the punters at tradesports.com are 
putting their money on Bush. Currently PRESIDENT.GWBUSH2004 
contracts are at 61.0/61.5, with PRESIDENT.KERRY2004 coming in 
at 40.0/41.0.

This represents a two-digit increase in Bush's favor over the past 
few weeks.


***Another Eurozone country is struggling against debt: After 
downgrading Italy's credit ranking in July, Standard & Poor's just 
downgraded its rating on some of Greece's debt.

Greek government debt has been pegged at 112% of GDP by the end 
of 2004, one of the highest debt-to-GDP ratios in the Eurozone. The 
country is also facing a massive budget deficit trying to absorb the costs 
of the Olympic Games. The Greek national deficit is set to hit 5.3% in 
2004, according to Prime Minister Costas Karamanlis - almost twice the 
3% allowed by the European Union.

Hmm: With Italy, Germany, France, and a half-dozen other countries set 
to break through the deficit benchmarks set by the EU again� what's 
not to like about the euro?



***A $10,000 investment in these unknown companies could well 
turn into $1.6 million.

The tech boom of the Nineties was a kindergarten party - a fleeting 
glimpse of what's to come. A handful of little-known stocks detailed in 
this report are going on a rocket ride to the moon. George W. Bush 
recently signed a $3.7 billion bill that provides the launch pad.

Read on� because it's not too late to get in on the opportunity of a 
lifetime:
http://www.youreletters.com/t/58404/3785361/378/70/



Earnings Announcements for Tuesday, September 14, 2004:

Copart Inc., Oracle Corp., Palatin Technologies, Pier 1 Imports, Possis 
Medical Inc., The Kroger Co., Vivendi Universal and Volt Information 
Services Inc. are some of the companies releasing earnings.



***Quote of the Day:

"No, we haven't been defeated. We're doing pretty well in the war 
against terrorists and the nations that support them. But we seem to 
have misplaced the war in the midst of this very odd presidential 
campaign. It's wonderful to watch Kerry's pals in the mainstream 
media. There's nothing too outrageous for the media to say, and if 
the news doesn't bring them fodder for the evening broadcast, they 
just make stuff up. But what did Kerry say last week? If he said 
anything, I didn't hear or read it. The Dan Rather brigade is so 
eager to trash Bush, they've drowned out Kerry altogether." 
     --Jed Babbin, September 13, 2004



                    ***WORLD OF PROFITS***

*** "There is now a nascent buoyancy in the Hang Seng that could 
result in gains of another 1% next week."

How about them apples? The Hang Seng index closed the day at 
13,139.57, up 135.58 points (yes, that's 1.04%).

Our indicators range from gains of 2% to 6%� but we believe 
tomorrow's gain will be more along the lines of 1.4%.


*** "For next week, the overall sentiment of our indicators continues to 
be muted� although it looks like there are limited bullish impulses 
forming in the export sector."

The Nikkei 225 surprised us with an unsuspected close at 11,253.11, 
up 169.88 points (1.53%). Our indicators still cannot find a 
rationalization for this enthusiasm, hovering solidly in the minus 0.5% 
range for tomorrow.



                    ***DESK OF DENHOLM***

This just in from Taipan's resident Editor-at-Large, Martin Denholm:

Hope you had a pleasant weekend. Sun, socializing, and football made 
for an enjoyable couple of days for yours truly.

***Dubious Record for US Airline: One company that definitely didn't 
have a good weekend was US Airways. America's seventh-largest 
airline has taken a trip to bankruptcy court and made history by 
becoming the first company to file for Chapter 11 bankruptcy protection 
twice in the space of two years.

In doing so, it also marked the largest ever default on a federal loan - the 
US$1 billion it received from the Airline Transportation Stabilization 
Board back in March 2003. One billion dollars might seem like a 
generous loan. But given the enormous struggles within the airline sector 
over the past year or so, it hasn't taken long for that wad of cash to 
evaporate. Like many of its peers, US Airways has managed to blow 
through that money thanks to surging fuel prices, terrorist concerns and 
an ultra-competitive industry in which it's tough to churn out a profit even 
if an airline's balance sheet is in relative good health.

With just US$975 million in cash, US Airways actually enters the second 
round of bankruptcy protection in worse shape than the first time. Not 
good, since the busy summer travel season is over and the industry now 
heads into what is traditionally the lightest quarter. Some figured that, 
rather than lose their jobs, employees would accept the airline's US$800 
million worth of proposed labor concessions. But despite 38% of the 
workforce having already been laid off (17,500 jobs), the union has put 
up a stout fight and negotiations remain stuck in neutral. According to the 
union, pilots have "already provided US$5 billion worth of concessions 
to support previous restructuring efforts to ensure return to profitability." 
In order to run its business more effectively, US Airways says it needs to 
slash costs by US$1.5 billion, so the "no" to the US$800 million labor 
deal is a crippling blow.

US Airways certainly isn't alone in being strapped for cash. Odds are 
that Delta will soon follow it down the road to bankruptcy court. The 
company recently warned that this would be inevitable if it failed to cut 
costs immediately. The Financial Times reports that if this happens, a 
staggering 42% of the US airline industry would be in bankruptcy by the 
end of 2004 (remember, United Airlines is already there waiting for its 
frequent fliers to join the party). Hardly surprising with industry 
economists saying US airlines are set to lose another US$3 billion by the 
end of the year.

Naturally, investors greeted US Airways' news with disgust today, piling 
out of the stock en masse. At the close, UAIR had lost 44 cents (30%) 
to finish the day at US$1.02.

Cheers for now. Take care till next time.



                    ***TAIPAN TIDINGS***

***Special Report: "The Imaginary Real-Estate Crash of 2005"

Wall Street's latest scam could cost you your home.

Don't be fooled! Not only is the looming "real-estate crash" a Big Lie� 
but a new hidden real-estate boom is emerging - and it's making some 
people very rich!

Discover the government-issued "Secret Certificates" that could make 
you 10 times your money in 5 years!

Full Report! 
http://www.youreletters.com/t/58404/3785361/646599/70/


J. Christoph Amberger 
Executive Publisher 
and The Taipan Group's 
247profits e-Dispatch Team



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Copyright � 2004 by Taipan Group LLC. All rights reserved. The
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