wpe50.jpg (1913 bytes)      TigerSoft News Service   11/3/2008     www.tigersoft.com  

           Update ....12/5/2008  

       Chipotle's Mexican Grill Stock looks like a Buy - See chart at bottom 
          Update ... 3/10/2010  Chipotle has since more than doubled.  See the timely Buy B12 on Weekly Chart
======================================================================================


            
Greenspan's Admits He Was Terribly Wrong.

    
World's Markets Catch Pneumonia from US Cold
               and The
Avoidable Financial Mess
          Created by CEO Greed and Self-Serving
     "Free Market" and De-Regulat
ion Indeologues.
                                   
World Market's Down 55%

                       11/27/2007 TigerSoft
Warned You A Year Ago.

       


  wpe130.jpg (52975 bytes)


                                                                         
                                                               
  Also GRILLED:
                                                                     
    
Chipotle's (CMG) Great Food and Modest Prices.   
               (An unsolicited testimonial from a hungry Tiger) 


                                            by William Schmidt, Ph.D. (Columbia University)
                                            (C) 2008 All rights reserved.  Reproducing any part of this page without
                                                            giving full acknowledgement is a copyright infringement.


                                              Research on Individual Stocks upon Request:  
                                             Composite Seasonality Graph of Any Stock for $125.
                                             Example of historical research NEM - Newmont Mining.   Order Here.

         
      
wpe4F.jpg (33251 bytes)

 

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    World's Markets Catch Pneumonia from
US Cold

               and Its
Avoidable Financial Mess

            Overseas markets have been hit much
        worse than US markets by Wall Street's
        Bust and Collapse.


                                     Here are the changes in prices of country ETFs for the last year.
                  The DJIA outperformed all the world's country funds.  The SP-500 (SPY) was
                  third.   Not shown the QQQQ (Nasdaw-100) was down 40%, placing it ahead
                  of every country fund but Japan's and Switzerland's. 
            Days back= 252 11 / 1 / 2007 - 10 / 31 / 2008 
Rank  Symbol   Name                             Price   Pct.Gain      
-----------------------------------------       ------- -------- 
      USA  DJI-30                               9350         -32.0% 
 1    EWL     ISHARES MSCI SWITZERLAND INDEX    18.3         -33% 
      USA  SP-500                               96.83        -12.9%
 2    ITF     ISHARES S&P-TOPIX 150 INDEX FUND  39.89        -36%           
 3    EWJ     ISHARES MSCI JAPAN INDEX           8.99        -37%         
 4    JOF     JAPAN OTC EQUITY FUND              6.45        -39%          
 5    HKG     NETS Hang Seng Index              14.62        -41%       
 6    PWJ     PaineWebber Group                 14.35        -41%        
 7    IXN     ISHARES S&P GLOBAL TECHNOLOGY     39.85        -43%          
 8    IXP     ISHARES S&P GLOBAL TELECOMM       46.68        -43%           
 9    VPL     Vanguard Pacific Stock VIPERs     42.13        -43%           
 10   EWM     ISHARES MSCI MALAYSIA (FREE)       7.15        -44%           
 11   EWC     ISHARES MSCI CANADA INDEX         19.18        -46%           
 12   EWP     ISHARES MSCI SPAIN INDEX          35.45        -47%          
 13   EWG     ISHARES MSCI GERMANY INDEX        18.48        -48%        
 14   EWQ     IShares MSCI France               20.5         -48%           
 15   FEZ     FRESCO DOW JONES EURO STOXX 50    32.95        -48%          
 16   VGK     Vanguard European Stock VIPERs    41.72        -48%          
 17   EWT     ISHARES MSCI TAIWAN INDEX          8.82        -49%      
 18   EWW     ISHARES MSCI MEXICO (FREE) INDEX  30.9         -49%          
 19   IEV     ISHARES S&P EUROPE 350 INDEX FUND 31.39        -49%         
 20   ILF     ISHARES S&P LATIN AMERICA 40 INDEX  26.6       -49%          
 21   EWU     ISHARES MSCI UK INDEX             13.36        -50%          
 22   EKH     HOLDRS EUROPE 2001                46.1         -51%               
 23   EZU     ISHARES MSCI EMU INDEX            29.96        -52%              
 24   TFC     TAIWAN GREATER CHINA FUND          3.97        -52%               
 25   CH      CHILE FUND                        10.02        -53%        
 26   EEM     ISHARES MSCI EMERGING MARKETS     25.49        -53%           
 27   EZA     ISHARES MSCI SOUTH AFRICA INDEX   34.52        -53%          
 28   EWI     ISHARES MSCI ITALY INDEX          16.47        -54%                  
 29   EWN     ISHARES MSCI NETHERLANDS INDEX    14.95        -54%          
 30   EWS     ISHARES MSCI SINGAPORE INDEX       7.03        -54%          
 31   EPP     ISHARES MSCI PACIFIC EX-JAPAN     26.38        -55%          
 32   EWA     ISHARES MSCI AUSTRALIA INDEX      15.15        -55%          
 33   EWH     ISHARES MSCI HONG KONG INDEX      10.42        -55%          
 34   EWZ     ISHARES MSCI BRAZIL INDEX         37.96        -55%         
 35   VWO     Vanguard Emerging Markets  VIPERs 25.21        -56%         
 36   EWD     ISHARES MSCI SWEDEN INDEX         15.22        -57%         
 37   TWN     TAIWAN FUND                        9.9         -57%               
 38   CHN     CHINA FUND                        19.86        -60%             
 39   SGF     SINGAPORE FUND                     8.1         -60%                  
 40   TF      THAI CAPITAL FUND                  5.99        -60%                   
 41   EWY     ISHARES MSCI SOUTH KOREA INDEX    28.14        -61%         
 42   JFC     JARDINE FLEMING CHINA REGION FUND 13.17        -61%           
 43   PGJ     PowerShares Gldn Dragon USX China 14.74        -61%          
 44   GRR     ASIA TIGERS FUNDS                 11.97        -62%                 
 45   INP     IPATH MSCI INDIA INDEX            32.78        -63%                
 46   KEF     KOREA EQUITY FUND                  5.54        -63%                    
 47   MXF     MEXICO FUND                       16.57        -63%            
 48   FXI     iShares FTSE/Xinhua China 25 Fund 25.16        -64%           
 49   EWO     ISHARES MSCI AUSTRIA INDEX        14.03        -65%                   
 50   EWK     ISHARES MSCI BELGIUM INDEX         9.03        -67%         
 51   IFN     INDIA FUND                        20.35        -68%                         
 52   CEE     CENTRAL EUROPEAN EQUITY FUND      19           -70%          
 53   TRF     TEMPLETON RUSSIA FUND             22           -70%                   
 54   IF      INDONESIA FUND                     4           -71%                    
 55   IIF     MORGAN STANLEY INDIA INV.FUND     15.16        -75%         
 56   GCH     GREATER CHINA FUND                 8.29        -80%      
 57   MF      MALAYSIA FUND                      3.87        -87%      
                            
  TigerSoft Can Keep Investors Out of Big Trouble. 

                  wpe13A.jpg (54274 bytes)

 

                              Greenspan Admits He Was Terribly Wrong.         

                         After the Crash of 2008, Greenspan finally admitted he had been wrong to favor de-regulation
               of banks.  On October 23, 2008, he admitted to Congress that he was wrong to have trusted the
               most powerful bankers to  act in their long run self-interest and that of their share holders.  He
               explained:
                                 
"I made a mistake in presuming that the self-interests of organizations,
                           specifically banks and others, were such as that they were best capable of protecting
                           their own shareholders and their equity in the firms
."

                          What he should have said was that multi-million dollar bonuses determined the
                self-interests of Banking CEOs and Hedge Fund Managers.   To make big short-term profits,
                they lied, obfuscated and hid the truth from investors and shareholders.  They recklessly used
                leverage.    They knowingly gave shareholders and creditors misleading financial information
               and credit reports to exaggerate short-term profits and procure obscene bonuses for themselves.
               They cared little about the consequences to millions whose life-savings and jobs were destroyed
                in the process.  

                     
                              
"
What’s remarkable about this is     wpeF7.jpg (2752 bytes)
               that same erroneous belief is
THE key pillar of all free market ideology.
Without it,
               the entire edifice supporting the market worship fetish of the Libertarians, the Austrian
               School, and most economists collapses into rubble, just as our financial system has
                collapsed.
It’s hard to accept that economists could really believe such nonsense;
                I suspect that much of their religious attitude toward markets stemmed from their regular
                 paychecks from corporations benefiting from such dumb, unsupported beliefs." 
                (
Blue and Red colors in the original for emphasis. 
                      Stephen Zarlenga, American Monetary Insitute - http://www.monetary.org.  ) 
 
                      
See TigerSoft's previous Blogs on Financial Crisis and its Causes.
  
                        http://www.tigersoftware.com/TigerBlogs/September-18-2008/index.html

                    
                                                                
            Chipotle's Great Food and Modest Prices

         
Let me tell you about my favorite place to eat in San Diego.

                       Chipotle has wonderfully good Mexican style food at very fair prices. 
         I love their chicken with rice and salsa.  I go there 3 or 4 times a week, easy. 
         It's much better than food I paid 5 times more for in some high-priced "chic"
         restauants.  It's much tastier than McDonald's and is quite comparable in price.

                      Why is the food so tasty?  The people there are very well trained.  They
          always seem to get the cooking right.  The chicken is freshly grilled.  It is diced just
          the right size so that the Chipotle seasoning's flavor comes out perfectly each
          time.   The burritos and tacos are customer designed.  I love chicken, but they
          offer much praised vegetarian and meat food.  I see lots of San Diego policemen
          eating there, too.  It's significant that they never seem to eat at McDonald's,
          Burger King or Denny's.   This is much better food and it's priced very reasonably. 

                      Everywhere I look around Chipotle's, I see pledges to the company's
          commitment to "unprocessed", "family-raised", "natural", "hormone free" and
          "organic" food.   Their website says that they serve "more naturally raised meat
           than any other restaurant in the world".

                     There are 704 Chipotles in 33 states and DC.  .The founder and CEO is Steven
           Ellis, 43.                     

                     Chipotle's stock. CMG,  has lost  67% of its value since peaking at 150 at the end
          of 2007, two months after going public. 
Chipotle's quarterly earnings for the 3rd quarter
          fell to $19.5
million, or 50cents, per share compared to $20.6 million or 62 cents/share,
          reflecting the drop in economy's slump. The company announced it will use $100 million
          of its funds to repurchase its class B shares.  Chipotle plans to open 135 to 145 more
          stores.
Yahoo gives the following information.
                            
           Chipotle Mexican Grill, Inc.
                                        1401 Wynkoop Street
                                        Suite 500
                                        Denver, CO 80202
                                        303-595-4000    http://www.chipotle.com 18,800 employees.

                   Recent news:   Chipotle's Q3 A Mixed Bag   at Investopedia (Tue, Oct 28)

 
     TigerSoft's views the stock technically, of course.  Here is its current chart as of 10/31/2008.

                      The best trading system for CMG for the last year is automatically
                   calculated by TigerSoft.  That system is simple turns by the 21-day ma.
                   It is now declining.  But it is close to turning up.  Stock strength here
                   would also break the downtrends in price and the Closing Power.  So,
                   the stock is on the verge of giving a technical buy.  But it has not yet.
                   Compared to other stocks and the DJI-30, it is showing strength.  That
                   is bullish.  There is still significant distribution by insiders or big
                                          institutions.
                   We see that there have been regular high volume sellers (red) as the stock
                   has fallen. 
                           ------------------------------------- CMG - Chipotle --------------------------------

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wpe12F.jpg (18886 bytes)

                          Update 12/5/2008
                                                            Five weeks later... CMG has crossed back above its
                                                            50-day ma with the Accumulation Index positive
                                                            and the downtrend in the Closing Power have been
                                                            broken above.  It should next rally to its falling 30-week ma.
                                                            now at 69.


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                Update 3/10/2010 with Weekly Chart of Chipotle
wpe18F.jpg (59082 bytes)

      

      wpe12A.jpg (58496 bytes)

        wpeF7.jpg (24305 bytes)             

 

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