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Daily Newsletter, Monday, 11/18/2002

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PremierInvestor.net Newsletter                 Monday 11-18-2002
                                                  section 1 of 2
Copyright ) 2002, All rights reserved.
Redistribution in any form is strictly prohibited.

The entire newsletter is best viewed in COURIER 10 for alignment
=================================================================

In section one:

Market Wrap:      Both Sides of the Argument
Watch List:       DVN, GENZ, LMT, MU, WHR, and more...
Play of the Day:  Playing Defense


******************************************************************
MARKET WRAP  (view in courier font for table alignment)
******************************************************************
11-18-2002                High    Low     Volume Advance/Decl
DJIA     8486.57 - 92.52  8636.24 8480.68  1523 mln   644/857
NASDAQ   1393.69 -  17.45 1425.42 1393.66  1681 mln   720/921
S&P 100   396.15 -   7.07  408.26  394.80   totals   1364/1778
S&P 500   900.36 -   9.47  915.91  899.48
RUS 2000  382.58 -   3.34  388.08  381.82
DJ TRANS 2290.64 -  42.56 2349.65 2290.45
VIX        31.11 +   0.28   31.35  29.96
VIXN       48.09 -   1.59   49.46  46.69
Put/Call Ratio  0.65
******************************************************************


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

Both Sides of the Argument

by Steven Price


Everyone take a deep breath; the markets certainly did today. Not
that the Dow broke its string of triple-digit intraday moves.
However, it continued that streak on light volume, and gave us
little indication of momentum. While we finished down on the day,
it wasn't a powerful sell-off and after the recent rally the
question is whether this was just a normal pullback on the way
up, or a trend reversal.

There are a couple schools of thought for traders to consider.
First, the bears can look at the still in tact head and shoulders
pattern that may be forming in the Dow and S&P 500.  The left
shoulder of that formation has a top at 8547, the head at 8800
and the right shoulder could be forming anywhere under 8800. The
recent rebound was necessary for the bearish formation and
today's rollover in those indices could be just the continuation
of that pattern.  If we continue to either drop, or go sideways
and then drop, then the measuring objective of that formation
would place the Dow at around 7800.  The neckline breakdown
necessary to complete the formation is between 8300-8400 and
after a rally of 1600 points since bottoming at 7197 on the
morning of October 10, we are severely overbought and due for a
correction.   The bears can also point out that we are still in a
bear market and that any bear market is subject to intermediate
rallies on the way down. The fact that previous resistance at
8500 in the Dow did not serve as support on the pullback also
appears to be bearish, for those investors who were hoping to
enter long on a pullback to support. Unemployment still remains
high and there has been no noticeable up tick in IT or business
spending.   The Nasdaq Composite has not been able to crack its
August high of 1426, having found resistance there on each
subsequent attempt.  Today's high of 1425 found significant
selling, as the index fell 32 points after failing that level.
The recent rally is just another shorting opportunity and anyone
who buys stock in a company that has warned about declining
revenues and no visible turnaround (as many of the rising chip
stocks have) ought to have their head examined.  A fool and his
money....  By now you get the bearish picture.  So why on earth
is anyone bullish?

Bulls can point to the fact that we are still more than 3000
points below the Dow's high of 11,750 back in January of 2000.
The chip stocks, as measured by the Semiconductor Index (SOX)
have dropped from a high of 1362 in March 2000 to just 319 at
today's close.   That index was trading as high as 641 back in
March of this year, and the recent rally in the sector is due to
the fact that recent earnings were not as bad as expected and
many of the companies trading in single digits are a steal if IT
spending ever picks up, which it eventually will.  Bulls can also
point out the fact that, sure the Dow's point and figure chart
approximated the same bearish vertical count as the head and
shoulder's indication, but it reversed up into a buy signal last
week with the trade of 8550 and some pullback is to be expected
after such a big recent run.  A trade of 8450 would be required
to reverse that buy signal and so far we have not reversed that
far.  The next point and figure sell signal does not come until
8250, and until that happens, the bullish vertical count is at
least 9250, and could go higher if the index continues higher
without a reversal.  The SPX has also held support over 900, and
although the Dow gave up 8500 today, the S&P is a broader measure
and is less responsive to a move in just a few of its components,
with 500 stocks, versus 30 for the Dow. Sure, the Nasdaq has been
rejected at the August high on several occasions, but doesn't
that mean that the index is testing its highs?  It is also
curious that the NDX volatility index (VXN) finished down on the
day, in spite of the late day sell-off.  If any of the large
institutions thought we were getting ready for another big drop,
they certainly weren't buying puts.

Chart of the Dow


Point and Figure Chart of the Dow


Chart of the Nasdaq


There were no official economic data releases, but there was one
report that I give significant weight to.  That would be Wal-
Mart's sales report that said stores open at least a year were
tracking at the low end of forecasts for the month of November.
Last week, the retailing behemoth beat earnings expectations, but
guided toward the low end of earnings forecasts for the fourth
quarter.  More importantly, Wal-Mart has traditionally forecast
same store sales at a growth rate of 4-6% per month, and has
lowered that estimate to 2-4% in recent months.  That essentially
means Wal-Mart could see growth as low as one third of its
traditional range. As the world's largest retailer, supplying
everything from clothing, to groceries, to electronics, a slow
month heading into the holiday season is a poor sign for consumer
spending.  While much of Wal-Mart's sales problem has stemmed
from a decline at its Sam's Club warehouse chain, reflecting the
fewer number of small businesses, the trend still shows yet
another month not meeting expectations, but this time at a lower
level. Federated (FD), owner of Macy's and Bloomingdale's, also
chimed in with similar comments as those from Wal-Mart, saying
that sales for the second week of November were "disappointing"
and reiterated its expectations of same store sales for November
and December coming in flat to down 2.5%.  This sentiment would
seem to cover all levels of the income scale, with the higher end
stores of Federated, and the discounters like Wal-Mart all
suffering another disappointing month.   Lowe's (LOW) actually
posted decent earnings numbers, beating estimates and raising
profit targets, mostly as a result of the housing and refinancing
boom.  While this was good news for stocks like Lowe's and Home
Depot (HD), investors apparently put more stock in the far-
reaching Wal-Mart report and sold off even LOW (-$1.60). We have
seen some conflicting data from the Consumer Confidence Index,
which has been poor and sinking, and the University of Michigan
Consumer Sentiment Survey, whose preliminary number was positive
and beat expectations last week.  The real dollars show up at
places like Wal-Mart, so for the time being I'll lean toward the
Confidence report. The Retail Index (RLX.X) appears to be rolling
over from its fourth lower high, although the last rebound was
actually a higher low.

Chart of the RLX



United Airlines announced it would be laying off 9,000 more
workers and cutting back on flights, as part of a plan to avoid
bankruptcy and turn a profit by 2004.  Of course, this was part
of a plan to obtain a $1.8 billion federally guaranteed loan and
also included the deferment of all scheduled aircraft deliveries
through 2005. The plan includes a severe reduction in capital
spending from an annual average of $2.4 billion to $450 million
in 2003 and $400 million in 2004.  Those are an awful lot of
dollars out of the spending stream and mirror statements that
have accompanied most of the largest companies' recent earnings
releases.

Nokia has some positive things to say about the handset market
growing 10-15% for the next three years.  This is consistent with
statements from Qualcomm, which has seen increasing shipments for
wireless phone chips and seems to be one of the few segments of
the chip sector safe to put money into, when considering a ride
on the rising wave in the SOX.   The chip sector tested its
recent highs again today, before dropping with the broader
markets in the afternoon fade.  It still finished up on the day
and continues to look resilient in spite of a slew of earnings
and revenue warnings over the past couple of months.

With the Dow under 8500 and the SPX over 900 (barely), it is
tough to pick direction right now.  If this is just another
pullback and we get a rally tomorrow, then 900 will be the level
to watch on subsequent pullbacks.  If we continue to drop, then
it looks like Dow 8500 will be the key to support for a sustained
rally in the future and the next number to watch will be the
neckline in the Dow H&S pattern. If the Nasdaq can manage to
break through that August high, however, I'm stepping out of the
way short and letting it run.


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

Devon Energy Corp - DVN - close: 45.91 change: +1.35

WHAT TO WATCH: Fire up a daily chart for DVN, and you'll see that
the 200-dma has consistently provided support/resistance over the
past four months.  Shares were pressured by a negative reaction
to the company's earnings report on November 7th, but in recent
sessions the stock has bounced from bullish support on the point-
and-figure chart.  DVN outpaced the broader market today and
continued to retrace the recent decline.  Interestingly, the
stock found intraday resistance at - you guessed it - the 200-
dma.  A move above this moving average could send DVN towards the
$50.00 area.  The rising volume and ascending oscillators suggest
that DVN will be able to move above its 50-dma at $48.08.  Watch
for a break above $46.60 to provide a possible bullish action
point.




---

Genzyme Corp - GENZ - close: 29.97 change: +0.10

WHAT TO WATCH: GENZ has traded in a bullish fashion ever since
the company issued a positive outlook for 2003 during its third-
quarter conference call in October.  On Monday shares moved above
$30.00 and came within just seven cents of setting new multi-
month highs.  With the 200-dma directly overhead at $30.85 and
bearish p-n-f resistance at $31.00, it looks like GENZ might be
at a pivot point.  Aggressive entries could be evaluated on a
move above $31.00, with an initial profit-target near $35.00.




---

Lehman Brothers - LEH - close: 57.14 change: -0.72

WHAT TO WATCH: Merrill Lynch cut its EPS estimates on LEH, GS,
and MWD last Friday, citing lower trading revenues and a
reduction in debt issuance.  Shares of LEH seemed to be oblivious
negative comments but weren't able to shake Monday's weakness in
the financial sector.  Technically, today's rollover from the
200-dma ($58.28) is a positive development for the bears.  This
moving average has provided resistance since June.  Short-term
traders could target entries at current levels, with a stop just
above today's high of 58.39.  We'd initially be looking for a
pullback to the $54.00 area.




---

Lockheed Martin - LMT - close: 49.30 change: -1.05

WHAT TO WATCH: As we outlined in tonight's play description for
CW, the defense sector has been hit with heavy selling over the
past month.  LMT is looking especially weak now that shares have
almost retraced the entire early-November rally.  The stock
bounced up to its descending trend of lower highs before selling
off with the DFX.X defense index.  Although LMT would be a
tempting short on a move below $48.64, shares are looking more
than a little extended after declining for six consecutive
sessions.  Bearish traders can instead watch for a failed rally
back to the descending trendline (which is currently near $54.00)
or a rollover from near-term resistance at $51.00.  A glance at
the weekly chart shows that LMT does not have any substantial
support until the $44.00 area.




---

Micron Technology - MU - close: 14.07 change: +0.20

WHAT TO WATCH: The SOX.X held on to a razor-thin gain on Monday,
despite a late-session decline on the NASDAQ.  The index managed
a solid bounce from last week's excursion into the sub-300 area
and is now approaching its relative high of 337.  MU looks like a
good long play if the sector continues to move higher.  The daily
chart shows a pattern of higher lows over the past six weeks.
Shares outperformed the SOX today and briefly moved above the 50-
dma at $14.67.  A break above this moving average, combined with
a move above psychological resistance at $15.00, could lead to a
retest of the relative highs near $18.00.  Technical bulls can be
encouraged by the p-n-f reversal and rising daily stochastics
(5,3,3).




---

Retail HOLDRS - RTH - close: 75.39 change: -1.60

WHAT TO WATCH: Retail bulls got a painful wake-up call today when
sector behemoth WMT announced that its November sales were
tracking at the lower end of expectations.  This does not bode
well for the crucial holiday season.  Federated Department Stores
(FD) added to the negativity, saying its latest sales numbers
were "disappointing."  These news items helped to push the RTH
back below its 50-dma at $75.39.  Today's weak close suggests
that shares will continue lower tomorrow morning.  Short
positions could be targeted if the RTH continues lower from
current levels, with an initial profit-target near $70.00.




---

Trimeris Inc - TRMS - close: 48.33 change: +1.51

WHAT TO WATCH: Trimeris announced today that Fuzeon, a drug
designed to treat HIV patients, had shown positive results in its
Phase III study.  That sounds like promising news, so it was
interesting to see that the stock actually declined by 3.0%
today.  This indicates that Wall Street may have already
anticipated the encouraging study data.  TRMS has seen a good
deal of selling pressure since it set a 52-week high at $56.90.
Shares are now in danger of breaking below the 50-dma at $48.15.
The weak oscillators and p-n-f reversal (not to mention the
stock's inability to rally on good news) indicate that TRMS will
continue to move lower.  A violation of the 50-dma could send the
stock down to its 200-dma near $45.00.




---

Whirlpool Corp - WHR - close: 49.43 change: +0.97

WHAT TO WATCH: Citing continued strength in the housing market,
home improvement retailer Lowe's (LOW) on Monday raised their
full-year estimates for 2002.  This might help to explain the
relative strength in WHR.  Shares of the appliance maker are
trading just under stubborn resistance at $50.00.  This level
thwarted rally attempts three times over the past two months,
after providing support in July and August.  A breakout above
$50.00 would create a double-top buy signal on the p-n-f chart.
Such a move would also open the door for a rally to the next
level of psychological resistance at $55.00.  In terms of
specific action points, traders can think about going long on a
move above the two-month high of $50.24.





=========================
Play-of-the-Day (new BEARISH high-risk/high-reward play)
=========================

Curtiss Wright - CW - close: 65.11 change: -1.59 stop: *text*

Company Description:
Curtiss-Wright Corporation is a diversified company headquartered
in Lyndhurst, New Jersey. The Company designs, manufactures and
overhauls products for motion control and flow control
applications and additionally is a provider of metal treatment
services. (source: company press release)

Why We Like It:
By providing its clients with various mechanical systems and
electronic controls that help airborne vehicles stay aloft,
Curtiss Wright derives a large amount of its income from the
aerospace and defense industries.  The company also provides
customers with component overhaul and repair services on
aircraft.  These facts may help to explain why CW has been
descending over the past week.  Shares have been pressured by a
weakening DFX.X defense index, which is being deflated in spite
of sustained tensions in the Middle East.  The recent Iraqi
agreement to allow U.N. weapons inspectors into the country may
push back the timeframe for a U.S. invasion...But is anyone
convinced that Saddam Hussein will sufficiently meet the U.N.
demands and avoid an invasion?  We certainly wouldn't bet on it.
But perhaps Wall Street, seeing at least the possibility of a
peaceful resolution, is slowly removing the "war premium" from
the sector.  There may also be an institutional belief that
defense contractors have already reaped most of the benefits of
the planned invasion.  Remember, the market is a forward-looking
mechanism.  Defense issues may not seem very attractive in 6-8
months if the U.S. quickly takes down Hussein or war is averted
altogether.

While most of this is just speculation, the technical weakness in
CW is less clouded.  Shares have been moving lower on stronger-
than-average volume, with up days coming on less volume than down
days.  Today's pullback came to a halt just above the 200-dma at
$64.98.  The declining daily stochastics (5,3,3) and rolling MACD
(which is on the verge of a bearish crossover) suggest that
shares will not be able to find support at this moving average.
Should this level fail we think shares could drop to the $60.00
area, slightly above the rising 50-dma.  More bearish action in
the defense sector should help to push the stock below possible
support in the $62.50-$63.00 region.  We want to see an actual
breakdown before we enter this play, so we've placed an entry
trigger at $64.94.  If the play is activated our stop will be
placed at $67.82, three cents above last Thursday's high.  Take
note that CW trades on a relatively light average of 50,000
shares/day.  Light-volume stocks are easier for institutions to
push around, which sometimes leads to added volatility.  With
that in mind, we've classified this stock as a high-risk/high-
reward play.

Annotated chart - CW:



Picked on November xxth at $xx.xx <- see text
Results since picked:       +0.00
Earnings Date            10/29/02 (confirmed)







=================================================================
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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
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factors beyond our control.

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Copyright ) 2002  PremierInvestor.net. and
The Premier Investor Network.
Do not duplicate or redistribute in any form.
PremierInvestor.net Newsletter                  Monday 11-18-2002
                                                   section 2 of 2
Copyright ) 2002, All rights reserved.
Redistribution in any form is strictly prohibited.

The entire newsletter is best viewed in COURIER 10 for alignment
=================================================================

In section two:

Stock Bottom / Active Trader
  Triggered Plays:       SPC (bullish)
  Closed Bearish Plays:  SUP

High Risk/Reward
  New Bearish Plays:     CW
  Closed Bearish Plays:  T

Split Trader Stock Splits
  Split Announcement:
                         RAVN: 2-for-1 Split Announcement

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)


==================================================================
Stock Bottom / Active Trader (AT) section
==================================================================

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

Triggered Plays
---------------

St. Paul Co. - SPC - close: 34.30 change: -0.75 stop: 33.18

SPC moved higher with the broader market this morning and hit our
entry trigger at $35.11.  Shares roughly mirrored the IUX.X
insurance index for the remainder of the session and drifted
lower before finishing with a 2.1% loss.  If the stock continues
to decline on Tuesday, we'll be looking for previous resistance
at $34.00 to provide support.  On the other hand, a reversal and
breakout above today's high ($35.14) might provide another action
point to go long.  Our stop is set at $33.18.




===============
AT Closed Plays
===============

  --------------------
  Closed Bearish Plays
  --------------------


Superior Ind. - SUP - cls: 40.66 chg: -1.09 stop: 42.06

With SUP bouncing from $40.00 and the oscillators looking
bullish, we took a conservative approach towards this play and
attempted to protect a 2.1% gain by using a stop-loss at $42.06.
This level was reached on Monday morning when SUP popped higher
with the broader market.  These gains were short-lived, however,
and SUP quickly dropped into negative territory.  This is good
news for the bears, because the stock was unable to break out of
its long-term downtrend.  SUP remains under its 50-dma and looks
as if it could see some additional sideways trading in the $40-
$42 region.  Traders who used a more lenient risk management
strategy should be watching for a breakdown from the relative low
of $39.84 to open the door for a decline to the $38.00 area.

Picked on October 28th at $42.97
Results since picked:      +0.91
Earnings Date           10/17/02 (confirmed)






==================================================================
HIGH RISK/HIGH REWARD (HR) section
==================================================================

============
HR New Plays
============

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

Curtiss Wright - CW - close: 65.11 change: -1.59 stop: *text*

Company Description:
Curtiss-Wright Corporation is a diversified company headquartered
in Lyndhurst, New Jersey. The Company designs, manufactures and
overhauls products for motion control and flow control
applications and additionally is a provider of metal treatment
services. (source: company press release)

Why We Like It:
By providing its clients with various mechanical systems and
electronic controls that help airborne vehicles stay aloft,
Curtiss Wright derives a large amount of its income from the
aerospace and defense industries.  The company also provides
customers with component overhaul and repair services on
aircraft.  These facts may help to explain why CW has been
descending over the past week.  Shares have been pressured by a
weakening DFX.X defense index, which is being deflated in spite
of sustained tensions in the Middle East.  The recent Iraqi
agreement to allow U.N. weapons inspectors into the country may
push back the timeframe for a U.S. invasion...But is anyone
convinced that Saddam Hussein will sufficiently meet the U.N.
demands and avoid an invasion?  We certainly wouldn't bet on it.
But perhaps Wall Street, seeing at least the possibility of a
peaceful resolution, is slowly removing the "war premium" from
the sector.  There may also be an institutional belief that
defense contractors have already reaped most of the benefits of
the planned invasion.  Remember, the market is a forward-looking
mechanism.  Defense issues may not seem very attractive in 6-8
months if the U.S. quickly takes down Hussein or war is averted
altogether.

While most of this is just speculation, the technical weakness in
CW is less clouded.  Shares have been moving lower on stronger-
than-average volume, with up days coming on less volume than down
days.  Today's pullback came to a halt just above the 200-dma at
$64.98.  The declining daily stochastics (5,3,3) and rolling MACD
(which is on the verge of a bearish crossover) suggest that
shares will not be able to find support at this moving average.
Should this level fail we think shares could drop to the $60.00
area, slightly above the rising 50-dma.  More bearish action in
the defense sector should help to push the stock below possible
support in the $62.50-$63.00 region.  We want to see an actual
breakdown before we enter this play, so we've placed an entry
trigger at $64.94.  If the play is activated our stop will be
placed at $67.82, three cents above last Thursday's high.  Take
note that CW trades on a relatively light average of 50,000
shares/day.  Light-volume stocks are easier for institutions to
push around, which sometimes leads to added volatility.  With
that in mind, we've classified this stock as a high-risk/high-
reward play.

Annotated chart - CW:



Picked on November xxth at $xx.xx <- see text
Results since picked:       +0.00
Earnings Date            10/29/02 (confirmed)





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

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

AT&T Corp. - T - close: 13.51 change: -0.35 stop: 13.38

A busy news day for T started on a negative note this morning
when Lehman Brothers cut the stock's rating from "equal-weight"
to "underweight."  The firm said that AT&T's consumer business
would likely be shut down by the end of 2003 because it was
consistently losing money.  Shares gapped lower on these bearish
comments and opened below Friday's intraday support of $13.50.
Our break-even stop (actually, two cents below break-even) at
$13.38 was violated within the first ten minutes of trading.
Shares finished with a 2.5% loss after being buoyed by a flood of
buy orders during the final half-hour of trading.  Although our
short play has concluded, it'll be interesting to see how the
stock behaves after this afternoon's 1-for-5 reverse stock split.
This will be the first time a Dow Component has undergone such a
split.  T, without its Broadband division, should be valued at
about $6.20 on a pre-split basis.  This means shares should begin
trading near $31.00 on Tuesday morning.  For more information on
the reverse split, check Friday's play update and the company's
press release at: http://biz.yahoo.com/bw/021118/182698_1.html

Picked on October 23rd at $13.40
Results since picked:      -0.02
Earnings Date           10/22/02 (unconfirmed)



=================================================================
Split Trader Stock Splits (ST) section
=================================================================

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

Quoth Raven Industries: A 2-for-1 Stock Split

Just after the market closed today, Raven Industries (NASDAQ:
RAVN) announced that its Board of Directors had declared a 2-for-1
stock split.

The split will be effective on January 15, 2003.  No record date
was given.  The Board also approved a quarterly cash dividend of
14 cents/share, payable on January 15, 2003 to shareholders of
record on December 24, 2002.

Shares most recently split in July of 2001.  The stock has gained
more than 25% from its relative lows near $22, but traders
thinking about playing a split run need to be aware that RAVN
trades on sporadic average volume of 6,000 shares/day.

Shares closed at $28.00 on Monday.  For a current quote, click here:

http://user.financialcontent.com/pin1/quote.cgi?account=pin1&ticker=RAVN

About the company
Raven is an industrial manufacturer that provides electronics
manufacturing services, reinforced plastic sheeting and flow control
devices to various markets. (source: company press release)


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

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


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

HRB     H&R Block                  35.18     +1.81
WHR     Whirlpool Corp             49.43     +0.97
PNW     Pinnacle West Capital      29.03     +0.94
NL      NI Industries              18.66     +0.74

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

MSTR    Microstrategy Inc          16.20     +1.26
THC     Tenet Healthcare           18.75     +2.42
TTK     Tetra Tech                 11.40     +1.10
NFLX    Netflix Inc                10.90     +1.80
CMH     Clayton Homes              12.30     +1.17
ASIA    Asiainfo Holdings           7.00     +1.81

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

SCSC    Scansource Inc             69.36     +2.57
TRI     Triad Hospitals            34.00     +1.36
ATMI    Atmi Inc                   21.93     +1.61
RTRSY   Reuters Group              20.30     +1.60
UOPX    Univ. Of Phoenix Online    35.64     +2.48

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

CW      Curtiss Wright Corp        65.11     -1.59
DP      Diagnostic Products        38.00     -2.40
NOC     Northrop Grumman           87.46     -4.35
LMT     Lockheed Martin            49.30     -1.05
GCI     Gannett Co                 73.55     -1.94
CERN    Cerner Corp                32.39     -1.43
SRCL    Stericycle Inc             33.11     -1.30

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

                             




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