PremierInvestor.net Newsletter Monday 06-03-2002 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/f03b_1.asp ================================================================= In section one: Market Wrap: Lack of Confidence Watch List: AIG, CHKP, NWAC, OHP, SEPR, and more... Play of the Day: Networking Not Working ****************************************************************** MARKET WRAP (view in courier font for table alignment) ****************************************************************** 06-03-2002 High Low Volume Advance/Decline DJIA 9709.79 -215.46 9986.49 9704.18 1.31 bln 877/2344 NASDAQ 1562.56 - 53.17 1621.50 1561.17 1.62 bln 896/2583 S&P 100 514.74 - 14.46 531.45 514.08 Totals 1773/4932 S&P 500 1040.68 - 26.46 1070.74 11039.90 RUS 2000 474.39 - 13.08 487.59 474.23 DJ TRANS 2689.83 - 59.43 2749.19 2689.54 VIX 25.28 + 2.48 25.35 22.51 VXN 47.71 + 1.76 47.71 45.85 TRIN 2.69 PUT/CALL 0.93 ****************************************************************** =========== Market Wrap =========== CONFIDENCE IN CORPORATE AMERICA AND WORLD EVENTS CONSPIRE AGAINST MARKET Dow 9775-9800 was an important support region for the market. I lost my bullish perspective today when the Dow crashed through it. I've been cautiously bullish on the market recently--that is no secret. My reasons for this positive perspective had been both technical and fundamental. But the last two weeks have brought with them a notable deterioration in the technical aspects of the Dow, SPX and Nasdaq Composite. Much of this deterioration has resulted not from a shift in fundamentals, or the health of the US economy; in fact, both continue to improve. What has changed substantially, though, is the inability of investors to re- establish any kind of serious confidence in corporate America, or regain a sense of security after the events of September 11th. These now seem to be the thieves that are rapidly stealing the health from the US stock market. As I explain below, today's break below Dow 9775-9800 has now turned me bearish. Today's Market: US ECONOMY CONTINUES TO IMPROVE, BUT........ Premier Investor's Senior Market Technician, Jeff Bailey, reported today--quite eloquently, I might add--on this morning's economic reports that showed business conditions improving. I'm not going to try to improve on his succinct remarks; here are the highlights: The ISM index of Business Conditions rose to 55.7% in May after sinking to 53.9% in April. This was above economists' forecast of 54.4%. Interpretation: business conditions are improving. Better business conditions mean better corporate earnings. Today's ISM reading is the highest since February of 2001. Interpretation: economic growth is trending higher. The prices paid component jumped to 63.0% after a 60.3% reading in April. Interpretation: If you are a dyed-in- the-wool bear, you'll smell inflation. Me? I just don't buy it. One of the points I've made in recent Market Wraps is that an improving economy will help drive profits--and eventually stock prices--higher. TV advertisements were reported today to be ahead of expectations and this is, again, another bit of anecdotal evidence telling us that things are getting better in the economy. Sure, we did have some less than enthusiastic information from the auto sector. Both Ford and GM announced that May sales had fallen (11.5% and 12%, respectively). But the flip side of GM's one-month drop in sales is that they have upped their EPS guidance for both their second quarter and all of 2002. And, don't forget that we told you just a week ago that all the major automakers have recently increased the number of shifts in order to meet increasing demand. So what gives with today's good ISM & advertising reports--and enhanced guidance from GM? Why the patently lousy market action? In a nut shell, investors remain wary of 1) internal corporate shenanigans, and out right implosions, like that recently perfected by the likes of Enron, Arthur Anderson and Tyco, and 2) the shaky nature of world stability in general. FEAR, NOT GREED, NOW THE DOMINANT MARKET PSYCHOLOGY Today, both of these potential problems grabbed the market and shook it like a mongoose might a troublesome cobra. This morning we heard that the CEO of Tyco resigned amid a recently announced legal investigation. Not much of a confidence builder there; that's for sure. Although corporate officials at Williams Companies strenuously denied a weekend article that they had manipulated energy prices in California, investors sold first and asked questions later. The stock, which PI analyst--and apparent psychic--Kent Barton brilliantly added to our short play list this weekend, fell like a redwood cracked by lightning. Then, when reports surfaced that the treasurer of energy company El Paso had committed suicide this weekend, investors became even more agitated....and pessimistic. It's easy to quickly believe, I suppose, that corporate America is going to hell in a hand basket when executives are involved with such unsavory notions as suicide. Even though this tragic event was reportedly the result of severe ill health--and not corporate wrong doing as the shoot- first-ask-questions-later crowd assumed--investors were just too stunned to buy stocks with their confidence so shaken. Mix in last week's continuing concerns about additional terrorist attacks on US soil, and the prospect that the India-Pakistan tussle could turn into an out-and-out nuclear catastrophe...well, you get the point. This market is no longer guided by good old American greed; heck, it does not even seem guided by the idea of making a quick profit. Fear is the ruler of the day, pure and simple. The bottom line for me is this: fundamentals and technicals are clearly taking a back seat to emotionally-charged issues over which common sense is increasingly holding little influence. Enron is hardly the poster child for the US stock market; and behind-the-scenes high-level international efforts to defuse the India-Pakistan conflict are probably as pressing as any seen in modern history. But as long as investors focus on these--and not the hard core, dollars and cents (sense?) realities of the US economy--well, it's pretty obvious we're going to be faced with an extremely difficult investing environment. It takes buyers to push the market higher, and right now their conspicuous absence seems to be on the verge of becoming a serious problem for US equities. Getting Ready For Tuesday, June 4th. There's not much to really think about for tomorrow. The earnings season is over--nothing significant to catch our attention here. Economically, the scenery is equally devoid of any reports on Tuesday. The most important economic reports are now scheduled for Friday, when the jobs report will be released. Tomorrow is likely to be very much like today; investors will be pre-occupied with the potential of world disorder and catastrophe, as well as that which might be slinking through some as-yet unknown corporate board room. Here are the key technical levels to watch on Tuesday, and over the next few days: The Dow Jones Industrial Average (INDU) Closed at 9710: The last time I offered support and resistance levels on the markets, I felt the Dow should be able to remain above 9950. I was obviously wrong. The Dow's failure to hold another key support today, 9775-9800, has rather unsettling implications now, I believe. Not only did the Dow finish today's session below the 200-dma, but this key 9775-9800 support region represented the 78.6% Fibonacci retracement of the Dow's January 27th 2002 to March 10th 2002 advance. My general experience has been that the inability of an index to hold the 78.6% retracement level typically results in a more significant decline to the 127% or 161.8% retracements. What does this mean? For the Dow we now need to begin looking at the 9220 (127%) and 8820 (161.8%) levels. To add more fuel to this negative fire, PI readers should be aware that the Dow has now formed an awkward head and shoulders top on its weekly chart; this does not bode well given today's sharp late day weakness. S&P 500 (SPX) Closed at 1040: Following the lead of the Dow, the SPX now seems to be headed to a minimum of the 1017 level (161.8% retracement of the January-March advance). If it cannot hold this region, an additional 100-point drop would be likely, to 910. Such a decline would not occur quickly, taking perhaps several weeks to accomplish. Nasdaq Composite (COMPX) Closed at 1562: The Nasdaq Composite is presenting a troublesome technical pattern. As of today, it has again declined to the 78.6% Fibonacci retracement (1563) of its Sept. 2001 - Jan. 2002 advance. I would generally expect such a decline to give rise to an extended and serious rebound; this was, in fact, my view of the last few weeks. When I think about the weak shape of the Dow, though, I have to wonder if the Nasdaq can really meet the challenge of rebounding off this retracement level. If it begins to decidedly break below 1563 in coming days, I can only assume that the next stop will be at the 127% retracement (1247) or the 161% level (1020). Both are very ugly numbers. Very. The Russell 2000 Index (RUT) Closed at 474: I said recently that RUT 484 and 473 were likely support regions for this index. The index is sitting right at the 473 region--and, literally, on top of its 200-dma. If the 473 support/retracement is broken, I have to assume that either the 61.8% retracement (of the Sept. 2001 to April 2002 advance), which is 433, or the 78.6% retracement (409) will be the point at which the Russell attempts to find a serious rebound point. Neither are particularly inspiring. Looking at Key Market Sectors and Indexes Each night I try to offer active traders some of my technical thoughts about key sectors that are shaping the current short- term direction of the market. Tonight we take another look at the SOX, BTK and VIX. The Semiconductor Index (SOX) Closed at 451: The SOX fell off a cliff today, dropping about 6%. Unless we see this index immediately rebound--and I mean in the next two or three days-- closing back above at least 477, the news will not be good for this market-leading sector. Today's break of the 455 support region is suggesting that the next stop for the SOX will be at 407--the 78.6% Fibonacci retracement of its Sept. 2001 to March 2002 advance. The Biotech Index (BTK) Closed at 381: A couple of weeks ago there seemed to be some hope for the BTK, when Biogen received FDA approval to produce a new consumer health medication. That news energized the BTK for a few days, but the index has simply disintegrated since then. My best guess? Look for the index to now trade down to 359-365. The index is on the verge of a considerable long-term breakdown, and it will be critical for the BTK to rebound forcefully at this level. The Market Volatility Index (VIX) Closed at 25: The VIX is a contrarian indicator that helps us anticipate turning points in the stock market. When it trades at low levels--near 19 or 20-- it signals a complacency on the part of investors that can frequently give rise to a decline in the stock market as the VIX then rises. At higher levels--typically 35 and above--the VIX signals investor fear...and, as a contrary indicator, portends the point at which the market may enjoy a sharp rebound. Tonight, the VIX finished at 25, and is pointed decidedly higher- -bearish for the market. The VIX is likely to go quite a bit higher, and the market lower, before it gives us a positive, bullish signal. Siegfried Brian Barger, Editor ================================================================== 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 --------------------------------- American Intl. Group - AIG - close: 64.55 change: -2.42 WHAT TO WATCH: AIG hit a new 52 week low today, and the stock has moved into a longer term fast move region which runs from $65.50 to $58.08. This means, simply, that AIG has very little support until it reaches the $58.00 region. The stock has been declining in recent days on increasing volume, and this is frequently a portend of greater weakness to come. Brave traders may want to short at current levels, placing a buy stop above near-by resistance at about $68.00. Otherwise, a weak rebound to $66.50 is likely to fail, and shorts could be entertained at this level. --- Check Point Software - CHKP - close: 15.60 change: -0.66 WHAT TO WATCH: Although CHKP has lost almost a quarter of its value in the past two weeks, the bears show no signs of letting up. Shares were hit for a 4% loss today and dropped to a new multi-year low after a downgrade from UBS Warburg. With the MACD looking bearish and the GSO.X software index threatening to break below its September low, CHKP looks vulnerable to another round of heavy selling. Traders looking to take advantage of a breakdown should watch for CHKP to move under $15.50. More cautious types could wait for a violation of psychological support at $15.00. --- Northwest Airlines - NWAC - close: 15.78 change: -0.94 WHAT TO WATCH: The price of oil has been heading lower in recent weeks, but that's done little to help airline stocks. The XAL.X (Airline Index) is suffering from a multi-month downdraft and the technical picture is worsening. The index traded lower by 3.5% today, hitting levels not seen since November. There are several possible shorts in the sector (CAL and DAL come to mind), but NWAC makes the biggest blip on our radar screen. Daily stochastics (5,3,3) have just begun to fall from oversold levels while the MACD is beginning to curl lower. The p-n-f chart is bearish as well, with shares recently breaking under bullish support. The fact that NWAC isn't a listed stock doesn't help the bulls' cause either. --- Oxford Health - OHP - close: 47.98 change: -0.22 OHP begrudgingly pulled back by 22 cents today after trading to an all-time high of $48.63. The stock looked like it wanted to go higher, but was unable to shake the broader market weakness. Nonetheless, the relative strength is quite impressive and we think OHP is well positioned for a test of the $50 level. If the market stages a relief rally we wouldn't be surprised to see a near-term move to $55, near the top of the stock's ascending regression channel. Entries can be evaluated on a move above today's high. P-n-f chartists may want to note that a trade at $49 will create a double-top buy signal. --- Sepracor Inc. - SEPR - close: 10.79 change: -0.92 WHAT TO WATCH: SEPR appears to be accelerating to the downside. Leading the biotech sector lower today, shares got whacked for a 7.8% loss and closed at multi-year lows. Although short-term traders may be hesitant to short SEPR after today's hefty decline, we suspect more selling may be on the horizon. The point-and-figure chart is displaying a newly minted triple-bottom sell signal and the MACD is beginning to flatten out below the baseline. Although the psychologically important $10 level may provide support, a continued biotech selloff could have the remaining SEPR bulls running for cover. Aggressive traders could target short entries at current levels. ============= MORE TO WATCH ============= America Online - AOL - close: 18.09 change: -0.61 The recent sideways trading action has brought AOL to the top of its descending regression channel. With the stock displaying little in the way of bullishness, a retest of the 52-week lows near $17 seems likely. Given enough time, AOL could even drop to the channel's midline at $16. --- Genentech Inc - DNA - close: 34.15 change: -1.35 DNA broke below the $35 support level today, dropping to a near- term low and producing a double-bottom p-n-f breakdown. Additionally, a bearish MACD crossover looks imminent. We'd be looking for DNA to retest the $30-$31 level. --- Maxwell Technologies - MXWL - close: 12.25 change: +0.43 MXWL began a significant breakout on May 1st, eventually advancing from about $9.50 to over $14.00 a week later. Since then the stock has been in a not unexpected consolidation. Today, JP Morgan upgraded the stock, and it was able to make nice headway on a day when the broader markets, well, basically, stunk like week-old shrimp stuffed under a mattress. The market-- particularly the Nasdaq--could be pretty rocky in coming days. If it can start a rebound, though, MXWL could be one of those stocks, which advances rapidly. The stock remains attractive as long as it is above $12.00. --- Merrill Lynch - MER - close: 38.76 change: -1.95 MER crashed through support at $40 and closed at multi-month lows today. Although bulls may point out that the stock looks near- term oversold, the bearish MACD and double-bottom p-n-f breakdown suggest an eventual retest of the September lows ($33.50.) A break under today's low of $38.63 would offer possible action point to go short. =============== Play-of-the-day (BEARISH) =============== Network Associates - NET - close: 18.32 change: -1.03 stop: 22.01 Company Description: With headquarters in Santa Clara, Calif., Network Associates, Inc. is a leading supplier of network security and availability solutions. Network Associates is comprised of three product groups: McAfee Security, delivering world-class anti-virus and security products; Sniffer Technologies, a leader in network availability and system security; and Magic Solutions, a leader in innovative service management solutions. (source: company press release) - ORIGINAL WRITE UP: May 31st, 2002 - Why We Like It: It's been a tough year for shareholders of NET (previous stock symbol was NETA). After the company announced that they had discovered some "accounting inaccuracies" the market corrected some inaccuracies regarding NET's share price and it fell painfully. Since that time the company has recently announced the results of its internal probe and they will be restating 1998, 1999 and 2000 financial results. While they're probably happy to try and get this behind them NET is already under investigation by the SEC for accounting during fiscal 2000. The results of the internal probe had brokers coming out to upgrade the stock and shares did find some strength but only enough to reach the top of its descending channel but more on this in a moment. Some analysts suspect that the internal probe might just add fuel to the fire for the SEC already looking into the company. If nothing else NET is likely to see some hefty shareholder lawsuits claiming management's false and misleading statements about the company's financials. Optimists are hoping that a new management team can lead the company out of its current predicament but short-term the investor sentiment, market climate and technical picture all appear to be against them. While a few brokers may have been willing to upgrade NET individually, there has been a couple of damaging sector-wide downgrades of the software group in the last couple of weeks. With no expectation for a pick up in IT spending through the rest of 2002 there are not a lot of reasons to buy NET now. Furthermore, shares have been trying to breakout through the top of their descending channel but Friday's action put it below the psychological $20 level. On top of this, traders can time their entries with the roller coaster swings in the MACD and this one is screaming for a short. The bottom of the channel looks way down there around the $12.50 level but we're going to aim for a move to the $15 area. We'll start the play with a stop at $22.01 (a little bit over 10%) but we'll inch it down as soon as we see some confirmation. - Play-of-the-Day Comments: June 3rd, 2002 - A gap down this morning set the tone for NET, which traded lower for most of the session. Shares fell sharply with the NASDAQ in the final hour of trading and finished at the lows of the day. With the NWX.X networking index on the verge of breaking down to all-time lows, NET appears to be susceptible to additional heavy selling. More specifically, we'd expect a near-term move to the $16 level. A break below possible whole-number support at $18.00 could provide an opportunity to consider new entries...Although you may first want to wait for the NWX to break below 191. Note that because of the morning gap, our picked price is the opening trade of 18.98. Picked on May 31st at $18.98 Gain since picked: +0.66 Earnings Date 04/11/02 (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 06-03-2002 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/f03b_2.asp ================================================================= In section two: Net Bulls Triggered Plays: CMCSK (bearish) Active Trader Non-Tech Stocks Stop Adjustments: DCX (bullish) Closed Bullish Plays: CPC, RIG High Risk/Reward Triggered Plays: WMB (bearish) ================================================================== Net Bulls (NB) Tech Stock section ================================================================== =============== NB Play Updates =============== Triggered Plays --------------- Comcast Corp - CMCSK - close: 27.43 change: -0.73 stop: 30.01 Our trigger for initiating a short position in CMCSK was $27.89 and today's stinging market weakness put us into this trade. As we said last Friday when we presented this potential play, our price target is the $24 level but we expect bulls to put up a struggle as it declines to support near the $26 area. Please note that we'll now use a stop at $30.01--at least until lower prices are experienced. Picked on June 3rd at 27.89 Gain since picked: +0.46 Earnings Date 05/01/02 (confirmed) ================================================================= Active Trader/Non-tech Stocks (AT) section ================================================================= =============== AT Play Updates =============== Stop Adjustments ----------------- DaimlerChrysler - DCX - cls: 48.50 chg: -0.88 stop: 45.96 *new* GM upped its guidance for both its second quarter, 2002 and for the full year, telling analysts that higher earnings than previously forecast are now expected. Had the market been less turbulent today, such mid-quarter guidance from one of DaimlerChrysler's competitors would have likely helped DCX stock price. But when the Dow drops 215 points, and the Nasdaq Composite falls over 3%, it's a bit hard for even good stocks--or good news--to make much headway. We are a bit concerned with the deteriorating technical health of the Dow, and have elected to increase our sell stop for DCX to $45.96. This level is about $0.70 below DCX's rising 50-dma and the level to which we think the stock might pullback after its May advance: the 61.8% Fibonacci retracement, which presently sits at $46.10. Picked on May 6th at $46.50 Gain since picked: +2.00 Earnings Date 02/20/02 (confirmed) =============== AT Closed Plays =============== -------------------- Closed Bullish Plays -------------------- Central Parking Corp - CPC - cls: 24.60 chg: +0.70 stop: 23.49 We initiated this play just a couple of days ago. With upgrades from Bear Stearns on April 30th, and JMP Securities on May 31st, we felt that fundamentals and technicals were functioning in unison on this attractive long position. But while a rising tide can lift all boats, a tsunami can sink them even quicker, and that's what occurred today. Sharp weakness in the stock market-- with the Dow down over 215 points--pushed CPC down to our sell stop of $23.49 this afternoon, and our long position was closed with a 3.6% loss. CPC closed on its lows today, decisively under its 50-dma; we are glad that our position was protected with a lower-risk sell stop just a few percent away from our entry point. Picked on May 31st at $24.60 Change since picked: -0.91 Earnings Date 04/29/02 (confirmed) --- Transocean Inc. - RIG - cls: 35.87 chg: -2.30 stop: 36.84 Weakness in the big Dow stocks, and considerable weakness in energy-related stocks like Williams Companies and El Paso, sent the oil and energy indexes tumbling like the Flying Rolando Brothers today. The Oil Index (XOI) dropped 1.5%, while the Oil Services Index (OSX), of which RIG is a part, lost over 4%. Naturally, it did not help that Dresdner downgraded RIG today from an "add" to a "hold." Investors were in no mood to offer energy stocks the benefit of the doubt, and RIG hit our stop early in the trading session. The position was closed with a 6% loss. The weekly technicals on RIG have broken down as a result of today's downgrade, and we are not likely to be considering this stock again for some time. Picked on May 23rd at $39.26 Gain since picked: -2.42 Earnings Date: 4/30/02 (confirmed) ================================================================== HIGH RISK/HIGH REWARD (HR) section ================================================================== =============== HR Play Updates =============== Triggered Short Plays --------------------- Williams Co. - WMB - close: 10.95 change: -3.25 stop: 13.31 *new* Following an article in the New York times that Williams Company conspired to corner the natural gas market in California and drive up prices, WMB did an imitation of Superman leaping off the Empire State Building--except without the cape. A massive sell- off in the stock ripped nearly $1.7 billion from WMB's market capitalization in Monday's trading. One man's garbage can be another man's gold, and that was the case for PI readers today with our short position in WMB. Williams opened at $13.25, or $0.43 below our trigger of $13.68. Although we had planned to initiate this trade with a buy stop at $15.51, today's plunge requires that we adjust this stop; accordingly, we will use $13.31, a level just a few cents above today's high (and open). We think that WMB can go much lower, but we would defer any new short positions until we have a better idea when, and where, this stock may attempt a short term rebound. Picked on June 3rd at 13.25 Gain since picked: +2.30 Earnings Date 4/25/02 (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.
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