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Daily Newsletter, Monday, 04/29/2002

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PremierInvestor.net Newsletter                 Monday 04-29-2002
                                                  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
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To view this email newsletter in HTML format with imbedded
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In section one:

Market Wrap:      Bulls have little fight left
Watch List:       ADBE, CIEN, ISSX, QLGC, T, and more...
Play of the Day:  Immediate Results

******************************************************************
MARKET WRAP  (view in courier font for table alignment)
******************************************************************
      04-29-2002          High     Low     Volume Advance/Decline
DJIA     9819.87 - 90.85  9937.09  9811.57  1.26 bln   1402/1742
NASDAQ   1656.93 -  6.96  1678.56  1640.97  1.82 bln   1437/2104
S&P 100   526.84 -  5.53   534.08   525.78   Totals    2839/3846
S&P 500  1065.45 - 10.87  1078.95  1063.62
RUS 2000  500.54 -  0.96   502.34   498.08
DJ TRANS 2694.70 - 27.79  2751.79  2719.47
VIX        26.11 +  1.47    26.36    24.59
VXN        45.12 +  2.88    45.12    41.77
TRIN        2.40
PUT/CALL    0.80
******************************************************************

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

Bulls have little fight left

While I'd argue that bulls have not thrown in the towel as 
"capitulation" has yet to take place, it's looking like bulls are 
definitely looking to their corners to see just how much longer 
they need to endure the slow methodical beating until the bell 
rings.

In our April 18th wrap "Pass the smelling salts!" we mentioned 
the market action that day Not long ago I wrote a market update 
on how that day's trading was very similar to a couple of prize 
fighters dancing around the ring, where at certain parts of the 
trading session, each fighter (bull and bear) had their moments.  
However, as each day passes, almost like a boxing match has 
"rounds" the bears certainly have the upper hand and things are 
starting to get rather ugly.

I'm not sure how many "critical levels of support" have been 
broken in the NASDAQ Composite, but evidently, the television 
reporter on CNBC said that one was broken today.  Now he's 
looking for "critical support" at another level.

For me, "critical support" for the NASDAQ Composite was the 
February 22nd relative low of 1,696.55.  That level was violated 
on a closing basis on Friday and this morning's "rally" had about 
as much punch in it as that of "Carrot Top" (you know, the wild 
red haired looking guy that does the AT&T commercials on TV) 
taking on AT&T's other spokesperson "Mr. T."  If you still can't 
make the comparison, the let's schedule a fight against Olive Oil 
and Godzilla, where Godzilla is the monster fighting for the 
bears.

So what does "Carrot Top" and "Mr. T" have to do with anything?  
Telecom, that's what.  One area of the market I keep "expecting" 
some type of large short-covering rally is in the telecom sector, 
but a recent rally in both of these sectors has found both back 
at new 52-week lows.

I've explained before that rallies are often times depicted by 
both a "leadership" and "laggard" group trying to anchor 
themselves and create a rebound.  However, the current action 
taking place is that bears suddenly lock in gains for a day or 
two, then step back and see just what kind of bullish buying 
takes place to support things.

Recently, the bulls have stood around with their hands in their 
pockets is if to say.  "Are you buying?  I'm not buying!"  And 
this has a slow methodical drift lower continuing to take hold.

1-800-CALL-ATT

Tonight I'll be watching the Colorado Avalanche take game 7 from 
the Los Angeles Kings in their pursuit of a second straight 
Stanley Cup championship (I live in Denver, CO and like the 
Avalanche).  At some point I expect the AT&T commercial staring 
either Carrot Top or Mr. T to come on.  Today's action in AT&T 
(NYSE:T) $12.86 -3.3% will most likely have AT&T (T) bulls 
dialing 911 instead.

AT&T Chart - Daily Interval



Lately, it doesn't seem to matter "who you are."  When a stock 
breaks to a new 52-week low, some stocks have gotten flushed 
lower.  While I want to monitor what I feel are "strong stocks" 
for weakness that can be created by bulls selling their winners, 
I also want to monitor weaker stocks like AT&T (NYSE:T) to see 
how aggressive the bears are.  Under current market conditions, 
it would take a "brave bull" to step in and be a buyer of T.  The 
only buyers I think are around are bears looking to lock in 
gains.  Simply looking at a "fitted" retracement as that on the 
above chart of AT&T, I see bears targeting the $11.92 level near-
term.  If the stock drops sharply like other stocks breaking to 
new lows, then that's a sign to me that bears aren't all that 
eager to be locking in gains.  AT&T's (T) bearish vertical count 
from its point and figure chart is $11.50.

As mentioned earlier today, another "telecom giant" in WorldCom 
(NASDAQ:WCOM) $2.35 -28% ended the day as the most actively 
traded with 265.1 million shares traded.  In the past 6 trading 
session, shares of WCOM have lost roughly 60% of their value.

Looking for support

As Dow component AT&T (T) breaks to a new 52-week low, the 
apparent "lack of buyers" in AT&T also presents itself in the 
broader market action and has the S&P 500 Index (SPX.X) looking 
vulnerable to the 1,051 level.  Today the SPX broke its February 
lows and this sets up a test of the 1,051 level.  A 14-point 
decline may not seem like much, but that's a 1.4% decline from 
current levels.  While that doesn't seem like much, imagine a 
boxer that's taken a couple of punches to the kisser and is 
"holding on" until the bell rings for the end of the round.

S&P 500 Index Chart - Daily Interval 



Back in March, we took a more "cautious" approach for bullish 
traders as the S&P 500 bullish percent ($BPSPX) had reached a 
higher level of bullish % at 76%, but the SPX just couldn't 
muster a close above the 1,175 level (61.8% retracement).  With a 
current reading of 62% for the bullish%, we've seen a pullback in 
this indicator, but nowhere near an "oversold" reading of 30% and 
there's still plenty of risk that could be reduced in this 
market.

Technically speaking, I could never come up with a "level" at the 
1,051 level to "explain" the technical support at 1,051 back in 
October, other than it may have simply been a level where 
institutional inventories "turned over" and gave a "buy side" 
influence to this broader market average.  As such, retracement 
support looks to be the 1,015 level, but I'm expecting some buy 
programs to kick in near the 1,051 level should we see a test 
near term.

Technical resistance on the S&P 500 (SPX) becomes alarmingly 
strong right now at the 1,130 level.  That's our 50% retracement 
and also right where we have the 50-day and 200-day moving 
averages.

To me, the current risk/reward near-term for aggressive shorting 
is becoming unfavorable.  The only traders I feel should be doing 
further full position shorting right now are those that have 
built some gains in their account (from locking in gains on 
shorts or trailing bearish positions with tight stops to help 
assure profitability).

A trader might use the 1,051 SPX support level as a correlation 
point near-term to look for some computer generated buy programs 
in stocks they're trading short that are nearing levels of 
technical support.

Cablevision Systems Chart - Daily Interval



Shares of Cablevision Systems (NYSE:CVC) 22.47 -5.18% are trading 
right near the lower end of our regression channel.  The stock 
did see a bit of a pick up in volume today and that may 
"correlative" with news that came after the close of trading.  
Late this afternoon, the Yankees Entertainment & Sports Network 
(YES Network), which controls the broadcasting rights to the New 
York Yankees baseball team, filed a federal lawsuit against CVD, 
alleging antitrust violations.

The brunt of the lawsuit has the YES Network accusing CVC of 
misusing its control of cable access to 3 million households in 
the New York Area to harm YES and to provide an anti-competitive 
advantage to its own regional sport networks, MSG and Fox Sports. 

Conversely, CVC argues , it has balked at paying $72 million 
annually for the broadcasting rights, saying it would have to 
hike monthly rates by $2 to cover the costs and that the bulk of 
its subscriber's don't want to pay the additional costs.  CVC 
claims it has made "fair and reasonable" proposals to YES, 
including one to carry YES in the same way that Cablevision has 
carried the Yankees for years.  Under the CVC proposal, YES would 
be offered as a premium channel on the same cable systems that 
carry MSG as a basic channel, YES would also be offered on the 
basic tier.  However, YES has rejected that proposal.

Well... we (PremierInvestor.net) didn't profile CVC as a bearish 
play on this news, but a bear will take it if he can.  What we 
will do is lower stops (see play update) to try and assure gains.  
One never knows for sure if "smart money" was leaning on the 
stock short at/near $28.96, just prior to our bearish profile of 
$25.80 and if they're going to be looking to cover on the "bad 
news."  We're going to stick with disciplined trading and simply 
let the MARKET determine the outcome.

Economic data tomorrow

The recent economic data has had little bullish impact on 
trading, but the two economic pieces of information due out 
tomorrow could have an impact on things.

At 08:30 AM EST, Consumer Confidence for April is scheduled for 
release.  Economists are looking for an April reading near 108.7, 
versus the March reading of 110.2.

The more closely watched numbers will be the Chicago Purchasing 
Managers (Chicago PMI) at 10:00 AM EST, with economists looking 
for a 55.0% reading, which would be slightly below March's 55.7%.

Jeff Bailey
Senior Market Technician


==================================================================
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
---------------------------------


Adobe Systems - ADBE - close: 37.22 change: -2.07

WHAT TO WATCH: The GSO.X software index is quickly approaching 
support at 115-120.  A retest of these September lows could 
trigger a multi-day relief rally in the sector.  With this in 
mind, it might be a good time to start looking at some of the 
stronger software stocks.  ADBE certainly fits the bill when it 
comes to relative strength: Shares are down only 6.5 percent 
since April 1st, compared to the 21 percent decline in the GSO.  
We also like how ADBE is currently sitting near the bottom of its 
ascending regression channel.  This creates a favorable 
risk/reward setup.  If software does get a bounce, long positions 
can be considered on a move above $38 but there is plenty of 
technical resistance between $40 and $41.




--- 

CIENA Corp. - CIEN - close: 7.23 change: -0.27

WHAT TO WATCH: CIEN is currently trading at multi-year lows and 
is in danger of breaking support at $7.00.  A move below this 
level would create a triple-bottom breakdown on the p-n-f chart, 
which could lead to a test of psychological support $5.00.  
Speaking of p-n-f, CIEN has a bearish vertical count of $0.50. 
We're not expecting the stock to drop that far in the near-term, 
but it's certainly interesting to see just how much potential 
downside remains.  Aggressive traders could target a move below 
$7.00, but with the NWX.X networking index 10 points away from 
testing support at 200, be sure to confirm negative sector 
sentiment before opening new positions.  You may also want to 
wait for sector giant CSCO to break below its near-term low of 
$13.88.  It would prove difficult for networkers to stage any 
sort of rally when their leader is sinking toward its September 
lows.  Keep in mind that CSCO has earnings on May 7th.




---

Internet Security - ISSX - close: 18.32 change: -0.95

WHAT TO WATCH: Premier Investor has recently had a good deal of 
success with shorting software security stocks.  As a matter of 
fact, ISSX (closed April 12th) was featured as a short play until 
it found support at the $20 level.  Shares have since plummeted 
to near-term lows and show no signs of finding buyers.  The next 
clear level of support is at $17, the MACD is rolling over, and 
today's 4.9 percent loss triggered a double-bottom p-n-f sell 
signal.  We think bearish positions can be considered at current 
levels.  However, due to the oversold nature of the software 
sector, shorting ISSX is best left to aggressive traders.  We 
would aggressively be targeting a move to $15 if we were short.




---

Qlogic Corp - QLGC - close: 43.22 change: -0.64

WHAT TO WATCH: Shares of QLGC have lost over 10 percent since 
April 19th and appear to be headed for a test of the February 
lows near $36.  Today the stock briefly traded below the 200-dma 
at $42.80 and triggered a double-bottom p-n-f breakdown.  Watch 
for a move below today's low of $42 to clear the way for a test 
of even-number support at $40.  Those who choose to short QLGC 
should be aware that the SOX.X is approaching support at 500.  
The index could very well break through this level, but keep 
those stops tight to prevent getting caught in a rapid short-
covering rally.  Alternatively, you could keep QLGC on your watch 
list and if the SOX bounces then QGLC could rebound towards the 
$50 level.




--- 

AT&T - T - close: 12.86 change: -0.44

It seems like every day there's another piece of news that drags 
the telecom sector further into the abyss.  Today's disaster du 
jour was the announcement that Q was being investigated by 
several states for cutting secret deals with rivals.  Also 
weighing on the sector was a 19 percent loss from WCOM, which is 
being plagued by continued concerns of its financial viability.  
T has been moving lower with the group and is currently at 52-
week lows.  Odds are good that shares of T will likely gravitate 
to their Q4 2000 lows near $11.90 to $12.00.  Aggressive traders 
could try to capture the move lower, especially now that it has 
broken support at $13, but do so carefully, as a short-term 
oversold rally could appear at any time (although we doubt it 
would last).





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

Biotech HOLDRS - BBH - close: 98.05 change: -2.55

The biotech sector continued to plummet today, and the BBH is in 
danger of breaking its all-time low at $92.51.  Shares may find 
support at this level, but short-term traders could try to jump 
on now and ride the BBH lower.  For more bearish biotech 
possibilities, check out special section in this weekend's Watch 
List (4/26/02).




---

QUALCOMM - QCOM - close: 29.22 change: -1.43

Much like T, QCOM is trading at 52-week lows and it appears it 
may get worse before it gets better.  Look for a failed rally at 
$30 or a move below today's low of $28.56 to offer short entries.





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

DuPont Photomasks - DPMI - cls: 37.09 chg: -2.38 stop: 40.01*new*

Company Description:
DuPont Photomasks is a leading global provider of microimaging 
solutions. The company develops and produces advanced photomasks, 
a key enabling technology used in the manufacture of 
semiconductor and other microelectronic devices, and pellicles, 
the protective covers for photomasks. Headquartered in Round 
Rock, Texas, DuPont Photomasks operates a global network of 
manufacturing facilities serving semiconductor makers and other 
electronics producers around the world. DuPont Photomasks posted 
worldwide sales of approximately $408 million in fiscal 2001. 
(source: company press release)


- ORIGINAL WRITE UP: April 26th, 2002 -

Why We Like It: 
With only one semiconductor short on the play list, we felt it 
wouldn't hurt to add another now that the SOX is in a free fall 
to the 500 mark. Granted that isn't very far away, no one says it 
can't break that support level. We're not expecting it to so this 
could be a brief play in DPMI if the sector can rally 
significantly versus a lingering consolidation at support. DPMI 
announced its Q3 earnings report on April 24th and the numbers 
were not that great. With a large drop in earnings over the 
previous year, the company cited that demand remains weak. A less 
than enthusiastic conference call for the coming Q4 sparked at 
least one downgrade and share have since broken through their 
200-dma level of support. Friday's close under $40 is also key in 
breaking another level of resistance and DPMI could fall to the 
$35 to $30 levels in the next few weeks. Bears may want to wait 
and see how the market opens on Monday as the Nasdaq is very 
oversold and due for a bounce. If this occurs, traders might get 
an opportunity to short DPMI near its 200-dma around the $41.40 
to $41.50 level. We're going to start the play with a stop at 
$43.41 or 11 cents above Friday's high. Due to the development in 
the SOX we'll consider closing this for a quick in-and-out trade 
if DPMI find support at $35 during a stall in the SOX at 500.

- Play-of-the-Day Comments: April 29th, 2002 -

Over the weekend we added DPMI to our Play List, and the stock 
quickly cooperated with a 6 percent loss.  Not bad, considering 
the SOX.X actually finished in the green.  In light of the large 
move, we're going to tighten our stop to $40.01.  This decreases 
our risk, but will still force DPMI to trade above both Friday's 
low and the psychological resistance level at $40.  More 
aggressive traders may want to use a stop above today's high of 
$40.70.  New entries can be evaluated on a below today's low of 
$36.51 or a failed rally at the $38 level.  Today's relative 
weakness bodes well, but keep an eye on how the SOX behaves as it 
approaches the 500 support level. 

Picked on April 26th at $39.47
Gain since picked:       +2.38
Earnings Date         04/24/02 (confirmed)
 






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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 04-29-2002
                                                   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/d29b_2.asp
=================================================================

In section two:

Net Bulls
  Stop Adjustments:        CA, DPMI (bearish)

High-Risk/High-Reward Stocks
  Closed Bullish Play:     AMZN, PVN
  Stop Adjustments:        CVC (bearish)

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 (NB) Tech Stock section
==================================================================

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

Bearish Plays
Stop Adjustments
----------------

Computer Associates - close: 17.70 change: -0.30 stop: 19.05*new*

CA continues to distance itself from the $20 level.  Today the 
stock dropped 1.6 percent to close at near-term lows but this 
time it is back under the $18 level.  Shares could be headed for 
a retest of the February lows, but at this point we're going to 
inch our stop down to $19.05.  This will force CA to trade above 
the 10-dma, which has pressured the stock for over a week.




--- 

DuPont Photo - DPMI - cls: 37.09 chg: -2.38 stop: $40.01 *new*

Over the weekend we added DPMI to our Play List, and the stock 
quickly cooperated with a 6 percent loss.  In light of the large 
move, we're going to tighten our stop to $40.01.  This decreases 
our risk, but will still force DPMI to trade above both Friday's 
low and the psychological resistance level at $40.  More 
aggressive traders may want to use a stop above today's high of 
$40.70.






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

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

  --------------------
  Closed Bullish Plays
  --------------------

Amazon.com - AMZN - close: 16.18 change: -0.73 stop: 15.90

Try as it might, AMZN just couldn't shake the broader tech 
weakness for another session.  Shares had been strong following 
the company's strong earnings report and closed out last week's 
trading with an impressive display of relative strength.  Profit-
takers finally moved in today, hitting the stock for 4.3 percent 
loss.  Shares violated our stop at $15.90 (the intraday low), 
which closed out this play for a move of $1.55 or 10.8 percent.  
Although we wouldn't be surprised to see some additional 
consolidation near $16.00, a tech rebound could push AMZN to the 
top of its ascending channel near $19.  Traders looking to 
capture this move could target a close over resistance at $17.00

Picked on April 17th at $14.35
Gain since picked:       +1.55
Earnings Date         04/23/02 (confirmed)




--- 

Providian Financial - PVN - cls: 6.95 chg: -0.45 stop: *text*

Shares of PVN got whacked today after an article in this 
morning's edition of USA Today claimed that less affluent 
consumers were falling behind on their credit card payments.  The 
prospect of an increase in uncollectable debt didn't sit well 
with investors, who hit PVN for a 6 percent loss.  The stock 
actually rebounded from an intraday low of $6.20, but was unable 
to close over previous support at $7.00.  Now that this level has 
been violated, we have no desire to go long.  We're dropping this 
un-triggered play tonight.

Picked on April xth at $xx.xx <- see text
Gain since picked:      +0.00
Earnings Date        05/06/02 (confirmed)





===============
HR Play Updates
=============== 

Bearish Plays
Stop Adjustments
----------------

Cablevision - CVC - close: 22.47 change: -1.23 stop: 23.51 *new*

Another sharp decline in shares of CVC means it's time for 
another stop adjustment.  Today the stock dropped over 5 percent 
and bounced (barely) from the bottom of its descending channel at 
$22.  We're targeting a move to $20, but now would certainly not 
be a bad time to take profits.  We're moving our stop to $23.51, 
which should be sufficient to protect a hypothetical 10 percent 
gain from our original entry point.  In after-hours news, the YES 
Network filed a lawsuit against CVC, alleging antitrust 
violations.  This is likely to add additional pressure to the 
stock on Tuesday and our target of $20 could come quicker than 
expected. 






==================
  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 

SWX     Southwest Gas Corp         24.02     +0.97
GMRK    Gulfmark Offshore Inc      43.44     +0.57

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

NUS     Nu Skin Enterprises        13.92     +1.14
CBZ     Cobalt Corp                17.35     +1.35
PCIS    Precis Inc                 15.95     +1.02

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

BA      Boeing Co                  43.63     +2.12
DLTR    Dollar Tree Stores Inc     38.58     +1.78
TGH     Trigon Healthcare Inc      98.87     +14.62
PII     Polaris Industries Inc     75.65     +1.84
MME     Mid-Atlantic Medical Srvcs 36.07     +1.12
MOVI    Movie Gallery Inc          20.02     +1.24

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

AMGN    Amgen Inc                  51.88     -1.96
USAI    USA Networks Inc           29.03     -1.07
COF     Capital One Financial Corp 58.75     -3.30
AT      Alltel Corp                48.27     -2.05
BVF     Biovail Corp               36.80     -9.65
SNPS    Synopsys Inc               44.20     -1.40

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

ACF     Amercredit Corp            38.20     -3.08
SKO     Shopko Stores Inc          20.26     -1.72
VITL    Vital Signs Inc            38.37     -0.85





=================================================================
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.

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Option Investor Inc
PO Box 630350
Littleton, CO 80163

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