Option Investor
Newsletter

Daily Newsletter, Monday, 04/15/2002

HAVING TROUBLE PRINTING?
Printer friendly version
PremierInvestor.net Newsletter                 Monday 04-15-2002
                                                  section 1 of 2
Copyright  2001, All rights reserved.
Redistribution in any form is strictly prohibited.

The entire newsletter is best viewed in COURIER 10 for alignment
=================================================================
To view this email newsletter in HTML format with imbedded
charts and graphs, click here:
http://www.PremierInvestor.net/htmlemail/d15b_1.asp
=================================================================

In section one:

Market Wrap:      Enter Earnings
Watch List:       EXPE, IRF, JDAS, VRSN, and more...
Play of the Day:  A breakout of Titanic proportions

*******************************************************************
MARKET WRAP  (view in courier font for table alignment)
******************************************************************* 
       04-15-2002          High     Low     Volume   Advance/Decline
DJIA    10093.67 - 97.15 10225.76 10070.49  1.12 bln   1408/1769
NASDAQ   1753.78 -  2.41  1769.04  1740.61  1.32 bln   1387/1625
S&P 100   547.72 -  6.02   555.14   546.23   Totals    2795/3393
S&P 500  1102.55 -  8.46  1114.86  1099.41
RUS 2000  512.74 -  2.72   517.39   510.43
DJ TRANS 2802.65 - 72.38  2875.22  2794.42
VIX        22.38 +  0.29    23.00    21.78
VXN        41.87 -  0.94    42.70    41.09
TRIN        1.07
PUT/CALL    0.73
*******************************************************************

===========
Market Wrap
===========

Enter Earnings

The major market averages finished Monday's session with a
negative bias.  Renewed earnings fears kept the buyers at bay in
the blue chip issues, while bottom fishers nibble away at
select sectors of technology.  Volume was light.  Barely more
than 1 billion shares exchanged on the NYSE market, while 1.2
billion changed hands on the Nasdaq.  Decliners out paced
advancers on both markets.

Red Blue Chips

The Dow Jones Industrial Average ($INDU) finished the day at
10,093, lower by 97 points or just under 1 percent.  Only six
of the $INDU 30 finished in positive territory Monday.  Eastman
Kodak (NYSE:EK), Merck (NYSE:MRK), ExxonMobil (NYSE:XOM),
Hewlett-Packard (NYSE:HWP), J.P. Morgan Chase (NYSE:JPM), and
Caterpillar (NYSE:CAT) finished in positive territory, although
in each case it was only fractionally.

Leading to the downside included two of the most high profile
stocks in the market.  General Electric (NYSE:GE) finished more
than 5 percent lower after a weekend article in the New York
Times raised further concerns over GE's earnings growth, but
more on that below.  Citigroup (NYSE:C) shed 2.5 percent after
the company missed its earnings target.  Citi reported 74 cents
per share in profits for its first-quarter, while the market had
expected profits of 78 cents.

Broad Weakness

The broad market measure in the S&P 500 (SPX.X) finished just
above the psychologically significant 1100 level at 1102 and
change.  The index settled 8 points lower, or about 0.75
percent.  The weakness in the financials, stemming in part from
Citi's miss, pressured the broader stock measure.  Scattered
strength in technology, however, propped up the SPX.

But the bid in the techs was not enough to offset the weakness
in the big caps in other sectors.  GE's 5.60 percent drop
weighed heavily on the SPX, because GE is the largest component
of the market cap-weighted index.  The stock is in danger of
revisiting its September lows after the breakdown last week.
Given its bellwether status and breadth of operations, GE may
be portending further weakness for the broader market.

General Weakness

Daily chart of GE:


Tally-Ho Tech

The Nasdaq-100 (NDX.X) was the only major market average to
finish in positive territory Monday.  Even its brother, the
Nasdaq Composite (COMPX), finished fractionally lower.  The
NDX closed at 1355, higher by 3 points.

The concentrated buying of big cap tech stocks came on light
volume, which had many traders suggesting that Monday's
fractional gain was due to short covering.  This is a tech
heavy earnings week, though, so the bulls could've been working
today ahead of expected good earnings news.

ISO Safety

Away from equities, Treasuries continued to rally.  The market
opened weaker Monday morning, but as weakness found its way
into stocks, money moved to the safety of Treasuries.  The
benchmark 10-Year Yield (TNX.X) finished lower at 5.127%.
Meanwhile, gold took a breather.  The Gold and Silver Index
(XAU.X) -- a measure of gold equities -- finished fractionally
lower, as did the metal.  June gold finished near the $300 per
ounce level.

Random Walk

The sector scorecard finished Monday without a discernible
trend.  In fact, the sector rotations seemed a bit random in
nature.  The only serious buying effort was seen in the
energy complex after Venezuela's ousted president resumed his
role over the weekend.  His whipsaw caused just that in the
energy market as crude snapped back in today's session.  The
Oil Service Index (OSX.X), sensitive to the price of oil,
finished 3.93 percent higher, earning the day's best performing
sector spot.

Transportation ($TRAN) issues suffered from the rebound in the
price of energy.  The $TRAN finished at the 2802 level, lower
by 72 points, or a little more than 2.50 percent.  The Airline
Sector (XAL.X) fell back in sympathy, losing about 2.50 percent
on the heels of an earnings report from Continental (NYSE:CAL).

Elsewhere, the technology sector saw some limited buying.  Within
the group, the Semiconductors (SOX.X) performed best, finishing
1.95 percent higher on the day.  Networking (NWX.X) shares weren't
too far behind with the group's 1.44 percent gain.  Counter to
the strength in the overall group, though, the Software Sector
(GSO.X) finished fractionally lower.

Consumer-related stocks were lower for the day.  The Retail
Sector (RLX.X) finished 1.36 percent lower, out pacing the
broader averages.  Weakness in the bigger issues such as Wal-Mart
(NYSE:WMT) and Home Depot (NYSE:HD) dragged the sector lower.
Housing stocks finished fractionally lower as measured by the
Dow Jones Home Construction Index ($DJUSHB).  The sector did
battle back and forth, but ended the day just 0.10 percent lower
to 359.  Continued weakness in Mohawk (NYSE:MHK) and Beazer
Homes (NYSE:BZH) pressured the group.

Nothing To Fear

The CBOE Market Volatility Index (VIX.X), also known as the
fear gauge, finished slightly higher Monday, but didn't test its
relative highs traced last Friday.  Yet, the $INDU and SPX.X
traced a new relative lows.  The disconnect between fear and
lower stock prices continued in Monday's session on a micro
scale, using that simple observation.

The VIX.X seems to be pausing at its 50-dma for whatever reason.
With as low as the VIX is trading, it seems that the general
sentiment is complacency.  And as long as that remains so, stocks
may have difficulty rallying above near term resistance.

Vexing VIX

Daily chart of VIX:


Chip Chatter

Two high profile semiconductor companies reported at the bell
Monday.  The first was Novellus (NASDAQ:NVLS), a maker of
captial equipment.  The company reported revenues and earnings
slightly better than Wall Street had expected, plus guided
measurably higher for its next quarter.  Then, Texas Instruments
(NYSE:TXN) reported a better than expected first quarter
number.  Both stocks were trading higher in the evening
session, with shares of Novellus gaining more than $2.50 above
Monday's close.

Econ 101

Several reports are scheduled for release Tuesday morning,
starting with the consumer price index.  Retail prices are
expected to have risen 0.50 percent during March.  The core
CPI number is expected to dip to 0.2 percent from February's
0.3 percent.  Housing starts are due out, with the market
looking for a 1.7 million annual rate during March, which is
slightly below February's 1.77 million.  Later in the morning,
industrial production and capacity utilization will be
released.

Morning Calls

Several market movers report before the bell tomorrow morning.
Bank One (NYSE:ONE) is expected to record 66 cents per share.
Dow Component Caterpillar is expected to have earned 24 cents
during its most recent quarter.  Delta (NYSE:DAL) may have
more bad news for the airline sector as the carrier is expected
to report a loss of $2.87 per share.  Coke (NYSE:KO) is
expected to have earned 38 cents.  After the market close
Tuesday, perhaps the biggest report will come from chip giant
Intel (NASDAQ:INTC).  The company is expected to report 15
cents per share in profits.

Things Are Looking Up

The perceived bullish tech earnings reports Monday night have
stocks looking up for tomorrow's opening.  The Nasdaq-100
contract (ND02M) was about 10 points higher in extended trading.
The S&P contract was better by a measurable amount, too.  Given
the extent with which stocks have been sold recently, a blow
off short covering rally that last more than one day is due.
Tomorrow could be the beginning of such a move.

Eric Utley
Premier Investor


==================================================================
WATCH LIST
==================================================================

The PremierInvestor.net watch list is not designed to be read
as full fledged stock picks.  Rather we would prefer to offer
it as an extra tool in today's investor toolbox.  Think of it
as a radar screen with your own radar operator pointing out
interesting developments, technical patterns or potential plays
that you may or may not have seen on your own.  Due to time
constraints we do glance at the news but rarely do we have 
time to fully read pertinent news stories, due background 
research and other necessary screens that investors should do
before making a decision.  A common exercise is to read the
entry, glance at the sector and other stocks in that industry
and then compare what's happening in the stock to what's 
happening in the broader market indices.  We hope you enjoy
the Watch List and that it proves to be a useful tool for your
own trading success.

STOCKS WORTH WATCHING
---------------------------------


Expedia, Inc. - EXPE - close: 72.14 change: +1.77

WHAT TO WATCH: "Internet" and "all-time high" are two words you 
just don't hear in the same sentence anymore.  But lo and behold, 
this Internet travel company is trading at all-time highs.  EXPE 
is simply on a tear.  Shares have more than tripled since 
bottoming out in September and recently broke out of a 
consolidation range between $65-$70.  Today's 2.5 percent gain 
built on last Friday's close over $70, and the stock hit an all-
time high at $72.67 before pulling back into the close.  The p-n-
f chart looks just as strong as the bar chart.  EXPE is currently 
on a double-top breakout, and a trade at $73 would create a 
higher column of X's.  Oscillators look bullish as well, with the 
MACD curling higher and daily stochastics moving toward the upper 
range.  Aggressive entries can be evaluated at current levels, 
with more cautious traders waiting for a dip to $70.00.  If you 
feel that EXPE seems a bit overextended (and you'd be right), 
traders may want to take a look at ROOM or TSG (discussed below), 
two other strong travel-related stocks.  




---

International Rectifier - IRF - close: 47.04 change: +2.16

WHAT TO WATCH: It's not easy to find semiconductor stocks that 
are trading at near-term highs, but that's exactly what shares of 
IRF are doing.  The stock rose 4.8 percent today on news that it 
had purchased TechnoFusion, a manufacturer of power generation 
systems for automotive electronics.  We're not too familiar with 
the nuances of this particular subset of the chip sector, but the 
Wall Street reaction was decidedly positive.  Shares closed above 
resistance at $47 and are trading at levels not seen since last 
summer.  This clears the way for a move to $55, near the top of a 
gap created on June 15 of last year.  In addition to the 
uptrending oscillators, we also like how today's move created a 
triple-top p-n-f breakout.  Entries can be considered at current 
levels, although conservative traders may want to see some 
consolidation of today's gains before taking positions.  Positive 
earnings from NVLS and TXN may give chip stocks a positive bias 
tomorrow.




---

JDA Software Group - JDAS - close: 32.00 change: -0.29

WHAT TO WATCH: Despite being part of a sector plagued with 
earnings warnings (CHKP, PSFT) and weak leadership (MSFT, ORCL), 
this software stock is trading near 52-week highs.  JDAS was 
already looking strong versus the GSO.X software index, but shot 
higher on April 9th after the company raised Q1 guidance.  The 
stock has since been butting its head against resistance near 
$32.50.  Watch for a move over $33, which would help confirm a 
move over congestion.  This would also create a double-top p-n-f 
buy signal. The daily stochastics indicate that JDAS has plenty 
of room to move, and the recent MACD crossover also contributes 
to our bullish outlook.  If shares should pull back with a market 
dip then you might look for a dip to the $30 level as support.




---

VeriSign, Inc. - VRSN - close: 25.90 change: +0.58

WHAT TO WATCH: Is that a double-bottom?  Only time will tell, but 
a bullish case could certainly be made for VRSN.  The stock 
recently bounced from just above its February lows and has strung 
together three straight positive days.  Stochastics have reversed
course and are heading higher, while the MACD is on the verge of 
giving a bullish crossover.  From a p-n-f perspective, we like 
how the stock has reversed into a column of X's.  Bullish 
positions could be considered if VRSN moves above its 50-dma at 
26.59.  Note that MSFT releases earnings on Thursday.  The 
outcome of their announcement could obviously have a significant 
impact on the sector.





=============
MORE TO WATCH
=============

SBC Communications - SBC  - close: 33.47 change: -0.53

Telecom weakness abounds, and SBC has been unable to find any 
meaningful support over the past week of steady losses.  A move 
below the recent low of $33.20 could present another opportunity 
to ride the stock lower.  XTC.X telecom index is also threatening 
a move to near-term lows again.

---

Sabre Holdings Corp - TSG - close: 49.10 change: +0.15

Another strong travel stock.  TSG recently bounced from the 
bottom of its ascending channel and is close to re-testing 
resistance at $50.  A break of this level could clear the way for 
a move to last year's highs near $55.


===============
Play-of-the-Day  (bullish)
===============

Titan Corp - TTN - close: 21.29 change: +0.29 stop: 19.74

Company Description:
Headquartered in San Diego, The Titan Corporation creates, builds
and launches technology-based businesses, offering innovative 
technical solutions. For more than 20 years, Titan has provided 
comprehensive information systems solutions and services to the 
Department of Defense and intelligence agencies. Today, three of 
Titan's four core businesses develop and deploy communications 
and information technology solutions and services for both 
government and commercial customers. (source: company press 
release)


- ORIGINAL WRITE UP: April 12th, 2002 -

Why We Like It:
These days it's a bit difficult to find a tech stock that's 
threatening to break to new near-term highs, but TTN fits the 
bill (that's near-term as in relative, not 52-week highs). Recent 
strength in the stock can be attributed to the fact that TTN 
provides services to both the commercial and defense sectors. A 
scan of news releases for the company shows four defense 
contracts have been awarded in the month of April; The most 
recent being a $103M IT contract from the Air Force that was 
announced today. This propelled shares of TTN higher by 5.6 
percent and set up what could be an attractive entry point. The 
stock closed right at the $21 resistance level, which has kept a 
lid on every attempted rally since early February. The 200-dma at 
$21.18 provides additional resistance. We think the recent flurry 
of contracts could power the stock above this level, but want to 
verify a breakout first. For this reason, we're going write this 
play with a trigger at $21.26. If TTN trades at or above this 
level, we'll go long with a stop at $19.74. This should prevent 
us from getting trapped in a reversal. P-n-f chartists may notice 
that the stock has bearish resistance at $22. This would be 
logically be the next level of resistance after the 200-dma, but 
we think the momentum created by the breakout above $21 will be 
enough to carry it though $22. Such a move would also create a 
double-top breakout on the p-n-f and put our profit target of 
$25.50 within reach (although expect resistance at $24). Be sure 
to monitor events in the Mid East, as a deterioration of the 
regional tensions (can it get much worse?) could spotlight the 
defense sector even more.

- Play-of-the-Day Comments: April 15th, 2002 -

Not a bad start for this recent addition to our Play List.  Last 
week's bullish momentum carried over to today's trading session, 
pushing shares TTN above both resistance at $21 and the 200-dma 
at $21.19.  The 1.38% move was also sufficient to trigger our 
entry at $21.26.  Now that we're long, our stop is at $19.76.  
Traders still looking for entries can consider jumping on at 
current levels, although those who are more cautious may want to 
wait for a dip to $21.  After the bell today, TTN announced they 
had decided on KPMG to replace its former auditor, Arthur 
Anderson.  

Picked on April 15th at $21.26
Gain since picked:       +0.03
Earnings Date         02/12/02 (confirmed)
 






=================================================================
To stop receiving this PremierInvestor.net Newsletter,
send email to Contact Support
=================================================================
DISCLAIMER
=================================================================

This newsletter is a publication dedicated to the education
of stock traders. The newsletter is an information service
only. The information provided herein is not to be construed
as an offer to buy or sell securities of any kind. The
newsletter picks are not to be considered a recommendation
of any stock but an information resource to aid the investor
in making an informed decision regarding trading in stocks. It
is possible at this or some subsequent date, the editors and
staff of PremierInvestor.net may own, buy or sell securities
presented. All investors should consult a qualified professional
before trading in any security. The information provided has
been obtained from sources deemed reliable but is not
guaranteed as to accuracy or completeness. PremierInvestor.net
staff makes every effort to provide timely information to its
subscribers but cannot guarantee specific delivery times due to
factors beyond our control.

Please read our disclaimer at:
http://www.optioninvestor.com/page/oin/aboutus/disclaimer.html

*****************************************************************
ADVERTISING INFORMATION

For more information on advertising in PremierInvestor.net
Newsletter, or any Premier Investor Network newsletter please
contact Contact Support.

*****************************************************************


Copyright  2001  PremierInvestor.net. and
The Premier Investor Network.
Do not duplicate or redistribute in any form.




PremierInvestor.net Newsletter                  Monday 04-15-2002
                                                   section 2 of 2
Copyright  2001, All rights reserved.
Redistribution in any form is strictly prohibited.

The entire newsletter is best viewed in COURIER 10 for alignment
=================================================================
To view this email newsletter in HTML format with imbedded
charts and graphs, click here:
http://www.PremierInvestor.net/htmlemail/d15b_2.asp
=================================================================

In section two:

NetBulls Tech Stocks
  Triggered Bullish Play:  TTN
  Closed Bearish Play:     BRCM

StockBottom Non-tech Stocks
  Triggered Bullish Play:  PHM

High-Risk/High-Reward Stocks
  Closed Bullish Play:     PYPL

Split Trader               BBY:  3-for-2 stock split
                           FAST: 2-for-1 stock split

Trading Ideas
  Value Plays With Bullish Signals
  Breakout to Upside (Stocks $5 to $20)
  Breakout to Upside (Stocks over $20)
  Breakout to Downside (Stocks over $20)
  Recently Overbought With Bearish Signals (Stocks over $20)


=================================================================
Net Bulls Tech Stocks (NB) section
=================================================================

===============
NB Play Updates
===============

Triggered Long Play
--------------------

Titan Corp - TTN - close: 21.29 change: +0.29 stop: 19.74

Last week's bullish momentum carried over to today's trading 
session, pushing shares of TTN above both resistance at $21 and 
the 200-dma at $21.19.  The +1.38 percent move was also 
sufficient to trigger our entry at $21.26.  Now that we're long, 
our stop is at $19.76.  Traders still looking for entries can 
consider jumping on at current levels, although those who are 
more cautious may want to wait for a dip to $21.





===============
NB Closed Plays
===============

  -------------------
  Closed Bearish Play
  -------------------

Broadcom Corp. - BRCM - close: 34.78 change: +0.63 stop: 35.01 

Shares of BRCM moved higher for the third consecutive session on 
Monday.  With oscillators looking bullish and the stock firming 
up near $34, we tightened our stop to $35.01 in the weekend 
newsletter.  This level was violated during an intraday rally, 
which stopped us out with a 2.06 percent gain.  The stock may 
roll over from the $35 level, but we'd avoid taking any positions 
ahead of Wednesday's earnings.

Picked on March 25th at $35.75 
Gain since picked:       +0.74
Earnings Date         04/17/02 (confirmed)





=================================================================
AT Active Trader/Non-tech plays
=================================================================

===============
AT Play Updates
===============

Triggered Long Play
--------------------

Pulte Homes - PHM - close: 49.83 change: +0.28 stop: 47.49

Although the DJUSHB home construction index saw a slight decline 
today, PHM gained 0.56 percent and moved above resistance at $50 
in intraday trading.  Shares moved above our trigger at $50.13, 
thus initiating this play with a stop at $47.49.  Now that PHM 
has traded over $50 intraday, we're looking for a close over that 
level.  Cautious traders looking for an entry may want to 
consider going long if that occurs.  Investors also need to be 
reminded that there are a number of homebuilders and 
constructions companies announcing earnings this week.  Keep your 
eyes and ears open for good or bad news from other stocks in the 
sector.





==================================================================
High Risk / High Reward (HR) section
==================================================================

===============
HR Closed Plays
===============

  -------------------
  Closed Bullish Play
  -------------------

PayPal - PYPL - close: 23.02 change: +1.74 stop: N/A

From time to time we kick ourselves for writing a play with a 
trigger instead of just letting her rip.  PYPL definitely falls 
into that category.  Of course, today's 8.17 percent gain on top 
of Friday's 9 percent gain makes a lot more sense after learning 
the EBAY may be renewing its interest in purchasing PYPL.  Rumors 
are rumors, but something is definitely brewing, as evidenced by 
today's press release from PYPL that the company had moved up its 
earnings announcement to this Wednesday.  We now have no desire 
to enter at our trigger price between $20.00-$20.50, as that 
could mean catching a falling knife.  With earnings in just two 
days we'll just close out the play instead of moving up our 
trigger.

Picked on April Xth at $xx.xx <-- see text
Change since picked:    +0.00
Earnings Date        04/17/02 (confirmed)





==================================================================
Split Trader (ST) section
==================================================================

Split Announcements
-------------------

Best Buy declares 3-for-2 Stock Split

Best Buy Co., Inc. (NYSE: BBY) reported today that its Board of 
Directors decided at a regularly scheduled meeting last Friday to 
approve a 3-for-2 stock split.

The split will take the form of a 50% stock dividend, and will be 
payable on May 10, 2002 to stockholders of record on April 26, 
2002.  

This will be the first split since a 2-for-1 offering in 1999.  
Shares have nearly doubled since bottoming out in September, with 
most of the gains coming in the last three months of 2001.  

BBY closed at $77.48 on Friday.  For a current quote,
click here:
http://user.financialcontent.com/pin1/quote.cgi?account=pin1&ticker=BBY


About the company
Minneapolis-based Best Buy Co., Inc. is North America's No. 1 
specialty retailer of consumer electronics, personal computers, 
entertainment software and appliances.  The Company reaches 
consumers through over 1,900 retail stores in the United States, 
Canada, Puerto Rico and the U.S. Virgin Islands.
 (source: company press release)

---

Fastenal constructs a 2-for-1 stock split

Fastenal Company (NASDAQ: FAST) announced today that a 2-for-1 
stock split of the Company's outstanding stock had received 
approval from its Board of Directors.

The split will be effective as of the close of business on May 10, 
2002.  Shareholders of record as of April 29, 2002 will receive on 
additional share of common stock for every share of common stock 
they own.

This will mark the first split since a 2-for-1 offering in 1995.  
Year to date FAST is up 21.3 percent.  

FAST closed at $80.46 on Friday.  For a current quote,
click here:
http://user.financialcontent.com/pin1/quote.cgi?account=pin1&ticker=FAST


About the company
Fastenal Company sells industrial and construction supplies 
grouped into eleven product lines. The traditional Fastenal 
product line consists of threaded fasteners and other 
miscellaneous supplies.  (source: company press release)



==================
  Trading Ideas
==================

This section contains stocks that meet criteria which may make
them of interest to long and short side traders.  These are not
recommendations, nor have they been reviewed by PremierInvestor
editors for investment potential.  However, each of them has
technical and fundamental characteristics that make them worthy
of further review by traders and investors looking for fresh ideas.
New stocks will appear daily following the market close.


Value Plays With Bullish Signals 
--------------------------------- 
Ticker  Company Name               Close     Change 

FHR     Fairmont Hotels            30.00     +0.98
PWR     Quanta Services Inc        17.88     +0.93
PRX     Pharmaceutical Resources   22.73     +1.08
NAFC    Nash-Finch Co              27.13     +0.72

--------------------------------------- 
Breakout to Upside (Stocks $5 to $20) 
--------------------------------------- 
Ticker  Company Name               Close     Change 

MGL     Magellan Health Services    7.17     +0.77
ADLR    Adolor Corp                12.79     +2.94
CHKR    Checkers Drive-in Rests    12.93     +1.57
NOBL    Noble Intl. Ltd            15.30     +1.01

--------------------------------------- 
Breakout to Upside (Stocks over $20) 
--------------------------------------- 
Ticker  Company Name               Close     Change 

NVR     NVR Inc                   356.75     +1.75
AGN     Allergan Inc               65.71     +3.80
NVLS    Novellus Systems Inc       50.40     +1.69
OCR     Omnicare Inc               27.05     +1.04
VRTX    Vertex Pharmaceuticals     30.82     +2.67
ATVI    Activision Inc             30.87     +1.02
ICUI    ICU Medical Inc            38.16     +1.72

------------------------------------------- 
Breakout to Downside (Stocks over $20) 
------------------------------------------- 
Ticker  Company Name               Close     Change 

GE      General Electric Co        31.85     -1.70
FDC     First Data Corp            82.15     -2.25
NTRS    Northern Trust Corp        55.84     -2.33
SNV     Synovus Financial Corp     28.65     -1.68
TSS     Total System Services      20.89     -4.51
LOGI    Logitech Intl. ADR         41.35     -1.16

----------------------------------------- 
Recently Overbought With Bearish Signals (Stocks over $20)
------------------------------------------- 
Ticker  Company Name               Close     Change 

DUK     Duke Energy Corp           37.46     -1.04




=================================================================
To stop receiving this PremierInvestor.net Newsletter,
send email to Contact Support
=================================================================
DISCLAIMER
=================================================================

This newsletter is a publication dedicated to the education
of stock traders. The newsletter is an information service
only. The information provided herein is not to be construed
as an offer to buy or sell securities of any kind. The
newsletter picks are not to be considered a recommendation
of any stock but an information resource to aid the investor
in making an informed decision regarding trading in stocks. It
is possible at this or some subsequent date, the editors and
staff of PremierInvestor.net may own, buy or sell securities
presented. All investors should consult a qualified professional
before trading in any security. The information provided has
been obtained from sources deemed reliable but is not
guaranteed as to accuracy or completeness. PremierInvestor.net
staff makes every effort to provide timely information to its
subscribers but cannot guarantee specific delivery times due to
factors beyond our control.

Please read our disclaimer at:
http://www.optioninvestor.com/page/oin/aboutus/disclaimer.html

*****************************************************************
ADVERTISING INFORMATION

For more information on advertising in PremierInvestor.net
Newsletter, or any Premier Investor Network newsletter please
contact Contact Support.

*****************************************************************


Copyright  2001  PremierInvestor.net. and
The Premier Investor Network.
Do not duplicate or redistribute in any form.





DISCLAIMER

Option Investor Inc is neither a registered Investment Advisor nor a Broker/Dealer. Readers are advised that all information is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All opinions, analyses and information included herein are based on sources believed to be reliable and written in good faith, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we do not necessarily update such opinions, analysis or information. Owners, employees and writers may have long or short positions in the securities that are discussed.

Readers are urged to consult with their own independent financial advisors with respect to any investment. All information contained in this report and website should be independently verified.

To ensure you continue to receive email from Option Investor please add "support@optioninvestor.com"

Option Investor Inc
PO Box 630350
Littleton, CO 80163

E-Mail Format Newsletter Archives