Message-ID: <21561631.1075857120903.JavaMail.evans@thyme> Date: Wed, 18 Apr 2001 09:09:00 -0700 (PDT) From: navellier@investorplace.com To: alewis@enron.com Subject: Surprise Fed Cut Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Louis Navellier@InvestorPlace.com" X-To: alewis@enron.com X-cc: X-bcc: X-Folder: \Andrew_Lewis_Jun2001\Notes Folders\Discussion threads X-Origin: Lewis-A X-FileName: alewis.nsf You are receiving this e-letter because you (alewis@enron.com) signed up to receive free investment advice at InvestorPlace.com or to receive one of our free reports. If you wish to unsubscribe or change your email address, please follow the instructions at the bottom of this message. The Fed Cut Rates a half-point today. Is this just the shock the market needs? Dear Investor, Just when you think the Fed is going to leave us anxiously waiting until their planned meeting in May...surprise...they go and cut rates a half-point, today. And like most investors you're probably wondering: "Why did the Fed cut now? and "What will this mean for the market?" To be honest, I'm a little surprised myself at the Fed's timing. They've had plenty of opportunities in the past to cut when the reason seemed crystal clear. Today, the only insight we have into why the Fed cut is that they saw some compelling economic data that justified their action. And you know what, that's really all they need to tell us. Now that a cut's been made the more important story here is what this will mean for the market. While I expect this news to bolster consumer confidence a bit and result in a nice short-term rally, I don't believe this half-point cut will spell relief for the entire market for too long. Corporate earnings are forecast to be down in the next two quarters and that's going to take a toll on some of the flagship stocks on Wall Street. So while I think a rally is in store...it's going to be a selective one. I strongly encourage you to take a long, hard look at your portfolio now. I believe you will be making a big mistake if you rely on last year's winners to excel in this extremely difficult economic environment. With the market entering a short-term upswing, this is a good time to unload some stocks that just won't go the distance in the months ahead and replace them with companies who will continue to produce strong sales and earnings growth for the remainder of the year. We're in the midst of earnings season and while the news from most companies hasn't been good...so far EVERY single one of the stocks I'm recommending to investors have surpassed Wall Street's estimates! And while many bellwether companies have been reporting substantial DECLINES in their sales and profits, the companies on my buy list are growing their sales and profits by more than 100% on average. These are the kind of fundamentally superior stocks that are going to truly reward investors in the months ahead. If you don't know where to find these companies, I can help. My team and I scour the market every day to find these proven winners, and we have a track record of 28% gains in the last 18 months that shows our strategy produces PROFITS-no matter what the market environment. I'd like to share our complete list of stocks with you today. Sign up for this special offer to my BLUE CHIP GROWTH service today--RISK-FREE for SIX months--and I'll give you immediate access to our complete Buy List of stocks to get you started right away. Just visit http://www.ppi-orders.com/index.htm?promo_code=0AN119 to get the names of these stocks today! Sincerely, Louis Navellier -------------------------------------------------- HOW TO UNSUBSCRIBE We hope this free digest of investing advice will be valuable to you each week. If, however, you do not wish to receive our e-letter, you can unsubscribe by going to the following address: http://www.investorplace.com/unsubscribe.php -------------------------------------------------- Editor's Note: InvestorPlace.com Insights readers now have the option of receiving this newsletter in HTML format. (This means the e-letter you receive will contain pictures, colored text and graphical elements.) Please let us know your preference. If you are capable of receiving InvestorPlace.com Insights in HTML format, go to: http://investorplace.com/cgi-bin/pi_entry.cgi?0000AA0000IPI1HOME01 After entering your email address, you will see a section asking you if you can receive HTML email. Select "yes" and press the submit button. This e- letter will begin to arrive in a much more attractive format! If you wish to continue to receive it as text-only, do nothing. -------------------------------------------------- Copyright 2001 InvestorPlace.com Presented by Phillips Interactive Serious investors. Expert advice. Real profits. Wednesday Apr 18, 2001 16:09:52