Subj: Don't be FOOLED by the market rally...
Date: 10/8/02 11:29:30 PM Eastern Daylight Time
From: LouisNavellier@investorplace.com (LouisNavellier@InvestorPlace.com)
Reply-to: LouisNavellier@investorplace.com
To
October 8, 2002
Dear Fellow Investor,
Today the Dow climbed nearly 200 points at one point...
...and the jubilant bulls danced down Wall Street.
They were so happy about one move up that they ignored just how
far the market has already sunk in recent months.
And they ignored all the BAD NEWS that hasn't somehow
miraculously disappeared. Bad news that drove the market down to
these levels. And bad news that will linger for months to come.
The economy is still quite weak. Corporate profits are very
shaky. The risk of a double-dip recession is very real. And the
likelihood of war hangs over us like a gloomy dark cloud.
I've been writing you over the past few months,
warning of false rallies and a stock market recovery
that will be much narrower than Wall Street would
have you believe.
Even today -- with the Dow up 77 points at the close -- more
stocks fell than advanced. And the market lost most of its
forward momentum on the last hour of trading-dropping well below
its highs.
So now I'm warning you -- again -- this is NOT the
time to jump in looking for "bargains." The current
environment is extremely similar to the 1973-1974 market.
Approximately 20% of the stocks led the market higher
back then, while it took eight years for the broad
stock market to erase all the damage that had been
done. Today, while there are pockets of opportunity
in companies with REAL -- and significant -- earnings
growth...many more companies -- including dozens of
America's most widely-held stocks -- still face a long uphill
climb.
Invest in these companies at your own peril. Many
will go nowhere for months -- even years -- to come.
And still more will fall even further from here.
------------------------------------------
"137 Big-Name Stocks to Avoid,"
plus "5 to Buy" -- read on
------------------------------------------
Back in November, I offered you my "Sell Alert" when
most analysts were trying to tell you that the rally
was "for real." Since that time investors have LOST
BILLION$ in stocks I urged you to sell:
** Sun Micro, down 67% ** Williams Companies, down 89% ** Lucent,
down 73% **Qwest, down 73% ** Halliburton, down 41% ** Corning,
down 75% ** Alcatel, down 70% ** and many more.
In March -- when most analysts said stocks "couldn't
fall any further" -- I urged you to avoid these big
names:
** WorldCom, now bankrupt ** LSI Logic, down 57% **
Bristol-Myers Squibb, down 50% ** AOL Time Warner,
down 52% ** Home Depot, down 36% ** Cablevision, down
75% ** Verisign, down 74% ** AMR Corp, down 69% **
plus many more.
Now today, many more companies like these face similar dangers.
Weak markets. Contracting sales. Extreme competitive pressures.
Accounting problems. And I fear more heavy selling, as earnings
disappointments continue to pile up.
You MUST avoid these stocks.
-----------------------------------------------------
Get my newly updated "137 Big-Name Stocks to Avoid"
right now online by trying my "Blue Chip Growth
Letter" RISK-FREE for 6 months.
investorplace.com
-----------------------------------------------------
Of course, there are still a select group of companies doing
GREAT even in this tough environment. And we own some of the
very best at "Blue Chip Growth."
In fact, the average stock on our "Buy List"
registered 30% REAL EARNINGS GROWTH this past quarter
-- as the S&P overall saw minimal gains.
And as my subscribers have learned, you CAN make money in this
market. Today we're sitting on some nice gains, even through the
wild volatility. We're up 32% in Lennar Corp; 76% in
UnitedHealth Group; 28% in Lockheed Martin; and 96% in Tenet
Healthcare, among others.
My latest Top-Buy for new money is a pick in direct
contrast to virtually everything I've been saying. Given the
nature of the markets lately, you might disagree with my choice.
But I urge you to consider it carefully. After all, the last
time we owned this stock, my Blue Chip Growth Letter readers and
I walked away with 320% GAINS!
This time, I hope you'll join us.
-----------------------------------------------------
Get my top "5 to Buy" from the October issue of
"Blue Chip Growth Letter" immediately online with your RISK-FREE
trial subscription. Click here:
investorplace.com
-----------------------------------------------------
As you'll see when you join us, we own hot growth
companies when they're going gangbusters...then sell
them, when business goes cold.
For example, we bought and sold (in 2000) tech stocks, banking
466% in EMC Corp; 121% in Microsoft; 320% in Dell; 316% in Nokia;
196% in Vodafone; and 201% in Cisco, among others in year 2000.
How did we get out with profits intact...when so many other
investors rode these stocks all the way down to their current
lows?
Was it really just "lucky timing?" Not on your life. Our
proprietary quantitative computer modeling clearly showed that
these companies' earning power had peaked. And without real --
and compelling -- earnings growth, the tech BOOM quickly became a
BUBBLE.
One that POPPED with an agonizing shriek!
---------------------
How About You
---------------------
Could you use that sort of "avoid-disaster, bank-your-profits"
edge?
I've been at this game for a long, long time -- some 22 years
now. I'm a professional investor with deep-pocketed clients.
And I also write my Blue Chip Growth Letter for individual
investors like you, because a) I get a kick out of it; and b) I
enjoy helping people avoid crippling mistakes and showing them
how to beat the market averages, even in tough years like 2002.
The aggressive advisory newsletter I started in the
mid-1980s, MPT Review, has GAINED 2,899% in the last
seventeen years, according to The Hulbert Financial
Digest. And since I started my "Blue Chip Growth
Letter" -- suitable for most investors -- in late
1997, our portfolio has BEATEN the S&P nearly 6-to-1.
So you see, we have a long demonstrated history of
success on both the "Buy" and "Sell" sides.
Try my "Blue Chip Growth Letter" RISK-FREE for six
full months. Your cost is ZERO if it doesn't totally
live up to your expectations.
Sign-up is just a mouse-click away. And when you do,
you'll gain full IMMEDIATE access to:
*"137 Big-Name Stocks to Avoid;" plus
*My top "5 to Buy" from my October newsletter issue.
To sign up for your six-month RISK-FREE trial, simply
click here:
investorplace.com
Sincerely,
Louis Navellier
"Blue Chip Growth Letter"
P.S. In times like these, you must be extremely fussy about the
stocks you own.
The mixed economic signals suggest a rocky market for
months to come. That's the average investor's
nightmare. But for me, it's a stock-picker's dream.
We own the best-of-the-best at "Blue Chip Growth" --
those select companies still growing REAL earnings at
a rapid clip. And those are the only sort of
companies to trust your money to now.
Try my "Blue Chip Growth Letter" RISK-FREE for six
full months. Go here now:
investorplace.com
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