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The Aggressive Trader Vol. 2, No. 74
Ken Deen's THE AGGRESSIVE TRADER(tm)
"Seeking double-digit profits in one to four months"
Vol. 2, No. 74 April 28, 1993 11:30am New York Time
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Market Stance: Neutral
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ALERT ITEMS:
Marginable Account (editor's personal account): No trades
IRA Account (editor's personal account): No trades
DESI(tm) Account (a computer-simulated hypothetical account):
Note: Due to technical difficulties, I was not aware of this DESI(tm)
sell yesterday. This notice is therefore a day late. These difficulies
will be corrected.
* SELL 561 Cherry Corp. (NASDAQ: CHER, $29.75)
All 561 shares were "sold" at yesterday's lowest price. 176 of these
shares were "bought" Jan. 27 at that day's highest price, 28 3/4. The
other 385 were "bought" Jan. 28 at that day's highest price, 27 1/2.
(See Vol.2 #17 and #18)
As of yesterday's close, the account value was $109,498. Of that,
$92,763 was long stocks, and $16,735 was cash.
DESI(tm) Buy/Sell Signals (computer-generated):
Note: Due to technical difficulties, I was not aware of this DESI(tm)
sell yesterday. This notice is therefore a day late. These difficulies
will be corrected.
* SELL Cherry Corp. (NASDAQ: CHER, $29.75)
There was a DESI(tm) sell signal on Cherry Corp. yesterday. The
DESI(tm) buy signal on Cherry Corp. was Jan. 11 (Vol.2 #3). The
highest price that day was 29 1/2. Yesterday's low was 29 3/4; that
is the sell price for the purposes of tracking the performance of the
DESI(tm) System.
**********
TRADING IDEA ITEMS:
(These are NOT buy recommendations. They are merely suggestions for your
further research.)
Breakouts (The following stock(s) have excellent sales and earnings growth,
and have just broken out from a six-week or longer base.):
* Living Centers America Inc. (NYSE: LCA, $21.00)
EPS:92, RS:68, GR:56->79, PE:16, Medical-Nursing Homes
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.):
* Southwest Airlines Co. (NYSE: LUV, $36.63)
EPS:91, RS:88, GR:44->20, PE:35, Transportation-Airline
**********
CORRECTION:
In Monday's alert (Vol.2 #72, April 26) I stated that I sold all 60 shares
of Callaway Golf at 32. In fact, I sold all 120 shares at 32. (The stock
had split 2-for-1).
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Previous Alert: Vol.2 #72 (April 26, 1993)
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*** To all who download this newsletter ***
On May 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 April 30, 1993, I am offering at-cost subscriptions (very
very inexpensive) by e-mail, fax, and postal mail. These are alternatives to
downloading. E-mail via Internet is free during this trial period.
Monthly Status Reports (available in printed form only) are an essential
adjunct to these timely bulletins. Among other things, they review the stock
holdings and historical performance of each newsletter account. To receive a
free sample Monthly Status Report plus an at-cost subscription form, just
send your paper mail address.
-Ken Deen
**********
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.
CompuServe: 72020,2050 Internet: 72020.2050@compuserve.com
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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