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Daily Newsletter, Wednesday, 07/10/2002

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PremierInvestor.net Newsletter              Wednesday 07-10-2002
                                                  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/g10b_1.asp
=================================================================

In section one:

Market Wrap:      Bear Airlines
Watch List:       AU, BBH, BEAS, USAI, UTX
Play of the Day:  Butt out of my business.

-----------------------------------------------------------------
MARKET WRAP  (view in courier font for table alignment)
-----------------------------------------------------------------
07-10-2002                High      Low      Volume Advance/Dec
DJIA     8813.50 -282.59  9143.23  8811.70 2073 mln    760/2369
NASDAQ   1346.01 - 35.11  1396.95  1345.22 1635 mln   1082/2296
S&P 100   458.69 - 16.55   477.49   458.40   totals   1842/4665
S&P 500   920.47 - 32.36   956.34   920.29
RUS 2000  419.78 -  9.47   430.62   418.97
DJ TRANS 2547.84 - 28.73  2605.38  2545.17
VIX        39.02 +  3.85    39.36    34.73
VIXN       65.22 +  2.07    65.46    62.53
Put/Call Ratio      0.83
-----------------------------------------------------------------

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

Bear Airlines

I wish I had remembered to save my barf bag during the flight of 
the bull market.  

The market has given back all gains last week and then some.  The 
Dow closed down a staggering -282.59, with 2427 decliners versus 
798 gainers.  The Nasdaq faired slightly better only falling -
35.10 with 2329 decliners and 1106 advancers.  NYSE down volume 
was 1555M or 86%, which severely outnumbered up volume or 233M or 
12%, the resulting 3% drop causing curbs to be put in by 
lunchtime.  The Dow closed at its lowest point at 8813.50.  The 
first close below 9000 since October 2nd, 2001.  

On the top of our minds is investor sentiment and corporate 
debacles.  The US Attorney's office in Denver announced that it 
is beginning a criminal probe into the local phone company.  
Federal regulators are already examining Qwest's accounting 
methods, and the company's debt has been rated "junk" for several 
months now.  Qwest fell -0.83 or -31.92% to close at $1.77. 

Additional pressure on the Dow was created by the downgrade of 
General Moters (NYSE:GM) and Ford (NYSE:F) by Banc of America 
(NYSE:BAC). Banc of America cut General Motor's estimates from 
$7.75 too $6.50, and Ford's estimates from $0.95 to $0.45.  Intel 
(Nasdaq:INTC) also weighted the Dow down; falling close to its 
lows of last week.  Ironically, Salomon Smith Barney lowered its 
target on Intel yesterday from $45.00 to $27.00.  

Drug stocks also crumbled to staggering levels not seen in a very 
long time.  Johnson and Johnson fell -2.32 to 50.30, approaching 
the 200-Week MA.  The last time JNJ traded on its 200-week MA was 
March 25, 2001.  Merck Co Inc fell -4.76%, Pfizer Inc (NYSE:PFE) 
dropped -6.25%, and Forest Labs tanked -5.72%

Treasuries gained momentum as yields fell on the day.  The 30-
year Treasury Bond Index $TYX.X fell to 5.357%, with the 10-year 
note $TNX.X declining to 4.644%.  The 5-year Treasury Note $FVX.X 
found 3.815% and the 13-week Treasury Bill Index $IRX.X up +0.02 
to 1.687%.  

Chart of: Dow Jones Industrial Average, Daily.





UBS Warburg Upgraded the entire hotel sector, making a blanket 
upgrade from hold to buy on Starwood Hotels (NYSE:HOT), MeriStar 
(NYSE:MHX), MArriott (NYSE:MAR), Innkeepers USA (NYSE:KPA), Host 
Marriott (NYSE:HMT), Four Seasons (NYSE:FS), FelFor Lodging 
(NYSE:FCH), and Choise Hotels (NYSE:CHH).  UBS Warburg also 
upgraded Equitable Resorts (NYSE:EQT), and Hilton Hotels 
(NYSE:HLT) from BUY to STRONG BUY.  

On a side-note, Other than Janney Mongomery Scott, Investec Inc. 
is one of the only companies to downgrade Yahoo below $10. Today, 
they set a price target at $8.00.  Janney Montgomery Scott made 
their downgrade to $7.00 on January 11th, of 2001.  A very 
reckless call at the time, but oh so close now.  Perhaps we will 
look for more of their upgrades/downgrades.  After the bell Yahoo 
beat estimates by a penny earning 0.03 cents per share, earning 
$21.4 million dollars.  At the time of this publication, Yahoo 
was trading up 59 cents at 12.78 in post market activity.  This 
was the first winning quarter for Yahoo in a year and a half.

It seems the Semiconductor Index has fallen again and it can't 
get up.  The September lows (of 343) are so close we can almost 
taste them... A breach of these lows could induce selling toward 
the 300 area on the $SOX.X.  

According to Mark Hulbert of Hulbet Financial Digest, current 
financial manager/advisor sentiment is at 0.8%.  His explanation 
of this number, is that 0.8% is a positive number of bullish 
sentiment.  He went on to say that in February, sentiment was 
much lower at -.11%, which indicated the sell-off to where we are 
currently.  Mr. Hulbert's conclusion is that this means the 
market is overly bullish at this point, and the current bullish 
sentiment is yet to be wrung out of the market.  He put a 
sentiment target at -0.82% down from the current +0.8%, 
projecting a -0.74% for sentiment capitulation.  That is when he 
says, the market will turn around.  

Chart of: Oil Index ($XOI.X) Daily, Weekly.





Today we watched the Oil Index fall all the way to the 200-day 
MA.  The drop in the $XOI.X, was partially fueled by Royal Dutch 
Petroleum (NYSE:RD) getting yanked from the S&P 500.  Although 
the change does not take place until July 19th, Index managers 
began selling today.  CheveronTexaco (NYSE:CVX) was down -2.08 to 
84.87 and ExxonMobile (NYSE:XOM) also declined -1.57 to 38.23.  
The above charts show the technical side of the drop.  On the 
Weekly chart, fundamentalists will be examining the index below 
the 50-week MA.  Observing the daily chart, we see the $XOI.X 
falling below the 200-day MA.  Support on the daily is in the 
520-522 area, with the next support at 515-517.  If the $XOI.X 
falls below these levels, it could potentially drop into the 507-
510 area.  On the daily chart, stochastics indicate definite 
selling pressure, as the Fast K has fallen below the lower band.  
The 60-minute chart looks temporarily oversold, though the Index 
has several levels of resistance to penetrate to recover the 200-
day MA.  Also affecting the Oil Service Index were accounting 
concerns of Halliburton Co. (NYSE:HAL).  A public interest group 
is suing Halliburton along with Dick Cheeney, with allegations 
that they defrauded shareholders by overstating revenue.

It is absolutely worth noting that the Volatility Index is VERY 
high.  If we examine the weekly chart to get a long-term picture, 
it is very clear that we are trading in the upper range.  Using 
the retracement tool, it then becomes apparent that we can still 
go higher.  In fact, a 61.8% retracement would put us at 42.73 on 
the VIX.X.  In the near term, the VIX.X is trading on the upper 
portion of it's channel.  The 60-minute chart displays the trend 
line channel and Bollinger Bands.  Stochastics are also above the 
upper band, and seem to be in over bought territory.  The current 
trend channel has been in place since May 10th, 2002. 

Chart of: Volatility Index ($VIX.X) Weekly 






Chart of: Volatility Index ($VIX.X) Daily





On the bright side, the dollar did it's best to hold onto 106 by 
closing up +0.46 at 106.11.  Also of positive note, McDonalds 
Corporation (NYSE:MCD) and Procter Gamble (NYSE:PG) remained the 
only two positive components of the Dow for the day.  Merrill 
aided in the rally in Cisco (Nasdaq:CSCO) with an intermediate-
term "strong buy" from a "buy" rating.  Cisco climbed 6% on the 
news, where Merrill said it felt the price looked favorable 
during the next 12 months.  Unfortunately, by the end of the day, 
CSCO's gains had eroded to 2.8%. 

Is there REALLY fear in the market?  This is the question to be 
answered if we are to truly challenge the notion of a bottom.  I 
have to comment; I smelled real fear today for the first time in 
months.  I hear fund managers talking about booking profits while 
they still exist...  I also heard a rumor of larger than usual 
Mutual Fund redemptions.  So I ask, what truly is capitulation?  
If we can predict it, or if we are prepared for it, then it's 
really not capitulation in its purest form.  We need to stop and 
ask ourselves how afraid we really are?  Do we view this an 
opportunity to buy value in the market, or are we cashing out our 
401k's simply because there is something tangible left to hang on 
to?  What we know, is that things are very shaky... Sectors are 
being downgraded and are falling like rocks.  There is a question 
as to the validity of analyst motives.  Drugs were crushed; the 
semiconductor index has been downgraded and continues to make 
lows.  Oil index broke down today, falling below the 200 day 
moving average.  The S&P 500 is making a three-year decline, 
while the Dow is at its lowest level in nine months.  We can't 
trust fundamental analysis, because we don't know what we are 
reading in the balance sheets.  Accounting practices are a mess 
and are completely aloof with corporate scandals.  Earnings 
outlooks continue to be cautious at best.  Rumors of a real-
estate bubble loom over our head, with lay offs continuing to 
affect our economy.  The dollar has been losing strength as 
foreign investors back away from the American economy.  Gold is a 
defensive gainer in a weary market... The scary part here is that 
in the current buying of gold equities, investors fail to realize 
that while buying gold equities, you still don't own the gold 
itself... The true defensive play.  Have I missed anything?  The 
point here, is that there IS a lot to be afraid of... More than 
we can remember since the recession torn eighties.  

What about the psychological theory where it's darkest before 
dawn?  Our question is, how dark is it?

Not dark enough.

Mark Whistler
editor@PremierInvestor.net



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

Anglogold Ltd - AU - close: 29.37 change: +0.58

WHAT TO WATCH: The gold sector has moved higher over the past two 
sessions as the broader market indices continue to set new multi-
month (or multi-year) lows.  We're not about to call a bottom in 
the market, but we're pretty sure that a bullish reversal will 
send gold stocks lower.  If this is a case, AU looks like a good 
way to short the sector.  The stock has rallied up to its 50-dma 
at $29.53.  This moving average lies just below solid resistance 
at the $30 level.  A rollover from this region would present a 
favorable risk/reward setup for a bearish trade.  Upside risk 
could be limited by placing a stop just above the June high of 
$30.50.  We'd be targeting a move back to the relative lows near 
$26.00.




---

Biotech HOLDRs - BBH - close: 66.29 change: -4.51

WHAT TO WATCH:  Sheesh!  Just when you think the biotech sector 
may have put in a bottom, it craters all over again.  Today's 
6.3% decline took the HOLDRs to another all-time low.  This was 
sufficient to create a double-bottom sell signal on the point-
and-figure chart.  We expect continued selling pressure as long 
as the broader tech sector remains weak.  The biotech index 
(BTK.X) closed under 300 today for the first time since 1999 and 
has only one level of support in the 270 area, before the 240 
support region.  Aggressive entries in BBH can be gauged on a 
move below $66.00 or a rollover near the $70 level.  However, 
traders of the BBH need to be careful of a bounce in the overall 
market, given its low levels.




---

BEA Systems - BEAS - close: 7.52 change: -0.25

WHAT TO WATCH: Much like the GSO.X software index, BEAS is 
trading at multi-year lows.  Shares have recently found support 
at $7.50.  The daily stochastics (5,3,3) indicate that BEAS has 
not reached oversold levels.  Aggressive traders could target a 
move below this level, which could lead to a quick drop to 5.50, 
then the psychological support at $5.00.  


 

--- 

USA Interactive - USAI - close: 22.65 change: -0.82

WHAT TO WATCH: USAI has spent the past three months trading in a 
descending regression channel.  Shares recently rolled over near 
the channel's top and are now retracing the sharp gains from the 
beginning of July.  Unlike many other NASDAQ stocks, USAI is not 
technically oversold.  As a matter of fact, the daily stochastics 
(5,3,3) are only now beginning to fall from the overbought 
region.  Shares should continue to fall with the broader market 
over the next few sessions.  We'd be watching for a break below 
near-term support at $22.60 to open the door for a retest of the 
low twenties.




---

United Tech - UTX - close: 64.20 change: -2.70

WHAT TO WATCH: Shares of this Dow component repeatedly bounced 
from the 200-dma (64.85) in recent weeks.  This level roughly 
coincides with bullish support on the point-and-figure chart.  
Today the stock closed under the 200-dma for the first time since 
February.   The fresh bearish crossover on the MACD and falling 
daily stochastics (5,3,3) portend more selling in the near-term.  
Traders can watch for a break below the near-term low of $63.65,  
which could clear the way for a test of the 2002 lows at $59.31.  
On another p-n-f note, a trade at $63.00 will create a quadruple-
bottom sell signal.  Given the uncertainty regarding the overall 
health of the economy, this industrial conglomerate is unlikely 
to generate much buying interest ahead of its July 17th earnings 
announcement.


 



===============
Play-of-the-Day  (Bearish)
===============
(( new play ))

RJR Reynolds - RJR - close: 54.94 change: -0.67 stop: 56.74

Company Description:
R.J. Reynolds Tobacco Holdings, Inc. is the parent company of 
R.J. Reynolds Tobacco Company and Santa Fe Natural Tobacco 
Company, Inc. R.J. Reynolds Tobacco Company is the second-largest 
tobacco company in the United States, manufacturing about one of 
every four cigarettes sold in the United States. Reynolds 
Tobacco's product line includes four of the nation's 10 best-
selling cigarette brands: Camel, Winston, Salem and Doral.  
(source: company press release)

Why We Like It:
Examining American Tobacco equities, we've notice that many of 
them have been falling out of bed.  The beginning of the current 
decline can be traced to June 21st, where court rulings worried 
investors of future problems with legal rulings.  On the 21st, A 
Federal Judge ordered RJ Reynolds to pay 15 million to a man 
who's legs were amputated because of a smoking related 
circulatory disease.  Next, on the June 24th, a jury awarded $5.5 
million dollars in damages to flight attendant who claimed 
exposure to second hand smoke caused sinusitis.  Despite an 
upgrade by Prudential, analysts commented that there was a 
certain amount of risk associated with the decision, resulting in 
profit taking.  Bottom line, the market recognized that 
plaintiffs looked to sap the tobacco companies of substantial 
profits.  On the following day, market sentiment would collapse 
with earnings worries, further putting a bearish hand on the 
American tobacco stocks.  Now that we know why they've fallen, 
let's examine the current scenario.

On the Daily chart of RJR, we see the impact created by the news 
driven events in June.  The company slid below its 200 day moving 
average, finding a hard bottom of 50.30 on June 26th.  The stock 
then proceeded to rally to 56-56.75, where it stumbled and began 
to look downwards again.  If it breaks 54.80, RJR could shortly 
see the first line of support at 54.15, and then 53.65, with 
52.80 following.  The latter two support levels were not created 
with multiple days of trading, rather, a simple consolidation of 
ascending trading from the bounce off the low.  On the daily 
chart, there is possible support at 54.28.  What makes this trade 
attractive, is the classic news and market driven fall, rebound, 
and then potential sell-off looming.  In English, the dead cat 
bounce is over and the selling looks ready to renew.  A more 
conservative bear could enter on a breach of support at 54.75.  
We're going to short it at current levels with the close under 
$55 while we target a potential retest of the lows near $50. A 
stop cover should be generated at 56.75, or a 3.6% loss.  
Conservative investors could set a stop to cover half of the 
position at 56.43, and the remaining half at 56.74.  The 
newsletter will use a stop at $56.74.   
 
Picked on July 10th at $54.94 
Gain since picked:      +0.00
Earnings Date         7/19/02 (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               Wednesday 07-10-2002
                                                   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/g10b_2.asp
=================================================================

In section two:

Active Trader Non-Tech Stocks
  New Bearish Play:   RJR

High Risk/Reward Plays
  Triggered Shorts:   SEBL
  Stop Adjustments:   ALO

Trading Ideas


=================================================================
Active Trader/Non-tech Stocks (AT) section
=================================================================

============
AT New Plays
============

  -----------------
  New Bearish Plays
  -----------------

RJR Reynolds - RJR - close: 54.94 change: -0.67 stop: 56.74

Company Description:
R.J. Reynolds Tobacco Holdings, Inc. is the parent company of 
R.J. Reynolds Tobacco Company and Santa Fe Natural Tobacco 
Company, Inc. R.J. Reynolds Tobacco Company is the second-largest 
tobacco company in the United States, manufacturing about one of 
every four cigarettes sold in the United States. Reynolds 
Tobacco's product line includes four of the nation's 10 best-
selling cigarette brands: Camel, Winston, Salem and Doral.  
(source: company press release)

Why We Like It:
Examining American Tobacco equities, we've notice that many of 
them have been falling out of bed.  The beginning of the current 
decline can be traced to June 21st, where court rulings worried 
investors of future problems with legal rulings.  On the 21st, A 
Federal Judge ordered RJ Reynolds to pay 15 million to a man 
who's legs were amputated because of a smoking related 
circulatory disease.  Next, on the June 24th, a jury awarded $5.5 
million dollars in damages to flight attendant who claimed 
exposure to second hand smoke caused sinusitis.  Despite an 
upgrade by Prudential, analysts commented that there was a 
certain amount of risk associated with the decision, resulting in 
profit taking.  Bottom line, the market recognized that 
plaintiffs looked to sap the tobacco companies of substantial 
profits.  On the following day, market sentiment would collapse 
with earnings worries, further putting a bearish hand on the 
American tobacco stocks.  Now that we know why they've fallen, 
let's examine the current scenario.

On the Daily chart of RJR, we see the impact created by the news 
driven events in June.  The company slid below its 200 day moving 
average, finding a hard bottom of 50.30 on June 26th.  The stock 
then proceeded to rally to 56-56.75, where it stumbled and began 
to look downwards again.  If it breaks 54.80, RJR could shortly 
see the first line of support at 54.15, and then 53.65, with 
52.80 following.  The latter two support levels were not created 
with multiple days of trading, rather, a simple consolidation of 
ascending trading from the bounce off the low.  On the daily 
chart, there is possible support at 54.28.  What makes this trade 
attractive, is the classic news and market driven fall, rebound, 
and then potential sell-off looming.  In English, the dead cat 
bounce is over and the selling looks ready to renew.  A more 
conservative bear could enter on a breach of support at 54.75.  
We're going to short it at current levels with the close under 
$55 while we target a potential retest of the lows near $50. A 
stop cover should be generated at 56.75, or a 3.6% loss.  
Conservative investors could set a stop to cover half of the 
position at 56.43, and the remaining half at 56.74.  The 
newsletter will use a stop at $56.74.   
 
Picked on July 10th at $54.94 
Gain since picked:      +0.00
Earnings Date         7/19/02 (confirmed)
 





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

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

Triggered Short Plays
--------------------- 

Siebel Systems - SEBL - close: 11.96 change: -0.53 stop: 13.21

It took nearly all of Wednesday's session, but SEBL finally hit 
our entry trigger ($11.94) in the final 5 minutes of trading.  
This occurred as the GSO.X software index broke through the 100 
level.  Now that the play has been activated, our stop-loss is 
set at $13.21.  Conservative traders could use a stop just above 
today's high of $12.89.  With the software group (and overall 
tech sector) in a freefall and SEBL trading at new multi-year 
lows, we're anticipating a move to the $10 level within the next 
few sessions.  Our official exit target is $10.06.  

Please note that with the oversold conditions of the market and
the positive earnings numbers by YHOO it's possible that the
tech sector could produce a relief rally tomorrow.  Thus a 
better entry point to go short might present itself for the 
patient and prudent.
 




Stop Adjustments
----------------

Alpharma - ALO - close: 14.54 change: -0.78 stop: 15.15 *new*

ALO traded in tandem with the DRG.X pharmaceutical index today 
and lost 5%.  In light of this move, we're going to aim to 
protect some of our gains by moving our stop to $15.15.  This is 
roughly 5% from our entry point.  More aggressive traders could 
use a stop over today's high ($15.35), while those willing to 
protect more gains could use a stop just above today's afternoon 
high of $14.70.






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

DCOM    Dime Communtiy Bancshare   25.50     +0.60
RMCI    Right Mgmt Consultants     24.03     +0.63

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

TEE     National Golf Properties   11.61     +1.77

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

UPS     United Parcel Service      63.25     +2.51
FAST    Fastenal Company           40.37     +1.45
USPI    UTD Surgical               26.05     +2.96

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

AZN     AstraZeneca                36.93     -2.68
XOM     ExxonMobil Corp            38.23     -1.57
VIA.B   Viacom Inc (class B)       35.79     -4.91
SC      Shell Transport & Trading  43.31     -2.25
RD      Royal Dutch                50.73     -5.16
PFE     Pfizer Inc                 31.03     -2.07
MRK     Merck & Co                 43.57     -2.18
MDT     Medtronic Inc              36.00     -3.41
LLY     Eli Lilly & Company        48.18     -1.80
JNJ     Johnson & Johnson          50.30     -2.32
WB      Wachovia Corp              35.15     -1.32
WM      Washington Mutual          34.63     -1.72

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

KO      Coca-Cola Co               54.70     -1.74
CP      Canadian Pacific           24.05     -0.67





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