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The Aggressive Trader Vol. 2, No. 34
Ken Deen's
THE AGGRESSIVE TRADER(tm)
"Seeking double-digit profits in one to four months"
TRADING IDEAS
Vol. 2, No. 34 P.O. Box 4791
February 24, 1993 Santa Barbara, CA 93140
1:00pm New York Time CompuServe: 72020,2050
(805) 565-2039 Internet: 72020.2050@compuserve.com
Market Stance: Bearish
There will be no followup on these ideas:
Breakouts (The following stock(s) have excellent sales and earnings growth,
and have just broken out from a six-week or longer base.):
* Western Gas Resources (NYSE: WGR, $28.25)
EPS:97, RS:76, GRS:136->110, PE:20, Oil&Gas-Production/Pipeline
Climactic Selloff/Rebounds (The following stock(s) have excellent sales and
earnings growth, are in long-term uptrends, and have just had a climactic
selloff-and-rebound.):
* Lincare Holdings, Inc. (NASDAQ: LNCR, $21.00)
EPS:95, RS:48, GRS:170->197, PE:17, Medical-Outpatient/Home Care
Announcement: (*) Improved Group Ranking
The manner in which group strength is reported has recently changed. Every
Wednesday, Investor's Business Daily lists all 197 industry groups (plus
the S&P 500 and S&P Industrial indices) ranked in order of percent change
over the prior six months. This ranking is on a scale of 1 to 199, with
#1 being the best performing group and #199 the worst.
An entry, for example, of
GR:37->28, ..., Computer Software
means that the ranking of the Computer Software group is 28, as of the most
recent Wednesday. The first number, 37, is the average rank over the
preceding eight Wednesdays. From this information, one may infer that the
computer software group is performing well (28 is a relatively low number on
the 1-to-199 scale), and also that the software group appears to be gaining
favor (28 is an improvement over the prior 8-week average of 37).
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Previous Alert: Vol.2 #33 (Feb. 23, 1993)
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*** To all who download this newsletter ***
On April 1, 1993, this newsletter will be available only for a
subscription fee. There will be no further uploads on or after that date.
From now through March 31, 1993, I am offering at-cost subscriptions (very
very inexpensive) by e-mail, fax, and postal mail. These are alternatives
to downloading. Also, Monthly Status Reports are available in printed form
only. These are chock-full of informative charts, graphs, and tables
reviewing newsletter performance and explaining the DESI(tm) System. I
invite you to send me your postal mail address so that I may send you a
Monthly Status Report and an at-cost subscription form. -Ken Deen
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The Aggressive Trader is edited and published at irregular intervals, but
at least monthly, by Deen Capital Management, Inc., P.O. Box 4791, Santa
Barbara, California 93140, (805) 565-2039.
Deen Capital Management, Inc., its principals, employees, affiliates,
and/or clients may have positions in securities recommended herein and may
make additional purchases and/or sales in these securities.
Recommendations made in this publication involve a high degree of risk and
may result in losses. Readers should not assume that recommendations will be
profitable or will equal past performance. The information in this
publication is collected from sources believed to be reliable, but neither the
accuracy nor the completeness of this information is guaranteed.
The Aggressive Trader, Deen Earnings Surprise Index, DESI, and DESI-3 are
all trademarks of Deen Capital Management, Inc.
Copyright (c) 1993 Deen Capital Management, Inc.
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