Option Investor
Newsletter

Daily Newsletter, Tuesday, 03/23/2004

HAVING TROUBLE PRINTING?
Printer friendly version
PremierInvestor.net Newsletter                  Tuesday 03-23-2004
                                                    section 1 of 2
Copyright (c) 2004, 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:      Good Signs
Watch List:       LH, SPLS, SANM, NOVL
Market Sentiment: Demoralizing

=================================================================
MARKET WRAP  (view in courier font for table alignment)
=================================================================
STATS
=================================================================

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

Good Signs

The markets rebounded strongly at the open and celebrated
that support had held and terrorists had disappeared again.
Unfortunately that celebration lasted about as long as the
opening bell. It was not a good sign that the indexes almost
returned to Monday's lows before rebounding to the highs of
the day around 3:PM. It was not a good sign that they failed
at those highs for the second time and sold off once again
in the last hour. It was not a good sign that we closed on
support instead of resistance. It was not a day for good
signs.

Dow Chart - Daily


Nasdaq Chart - Daily



The only economic report for the day was positive but did
not excite traders. The Retail Sales Snapshot rose +0.2%
for the week and pushed the year over year growth to +7.1%.
Most of that growth is due to very weak comparisons last
year. Helping the gains for the week was mild weather and
the approach of Easter. The majority of retailers said
sales were at or ahead of plan for the month. Target said
same store sales were on track to exceed expectations and
Wal-Mart said they expected to hit the high end of their
forecast for +4% to +6% growth. Consumers my be saying
they are concerned about jobs and the economy but they
are continuing to spend. As tax refunds start to flow we
can expect those sales to rise even more.

Wednesday will make up for the lack of economic reports
with a flurry of events.

7:00 Mortgage Application Survey (last 1,117.1)
8:30 Consumer Comfort Index (last -22)
8:30 Durable Goods (est +1.7%, last -1.8%)
10:00 Chicago Fed National Activity Index (last 0.49)
10:00 New Home Sales (est 1.084M, last 1.106M)
10:00 Monthly Mass Layoffs (last 2,428)

The only really material report is the CFNAI at 10:00.
This will give us a peak at what the next ISM may look
like.

Personally I don't think any of them will matter. The
economics are not what's moving the market. The markets
are moving on news, negative news. All the good dog and
pony show positioning for the day was worthless. The GE
CEO was on CNBC and said this was the best economy in
over four years. He said plastics orders up +20%,
appliances +12%, airplane parts +15% with nine of their
eleven businesses growing by double digits and the stock
closed down and at the low of the day.

The markets are definitely in the midst of a phase where
changes are being made. They appear to be headed south
and nothing is going to stop them. All sectors, all stocks
all sizes are all going the same direction. I heard one
commentator today mention market correlation at turning
points. Normally markets trade more or less in the same
direction but move in different tangents according to the
individual stocks in the indexes. Housing stocks may be
up while biotechs are down, etc. Very rarely do all markets
trade exactly the same way and that is happening now. This
suggests it is not a fundamental change. Earnings are still
rising and warnings have been nonexistent. That is not the
problem. The problem is the new risk paradigm and funds
are liquidating stocks across the board.

We have the "new" terrorist threat from Al Qaeda. I say new
because they could be planning on influencing our elections
with specific attacks after their success in Spain. We have
the new Hamas threat where they are claiming they will get
back at us for their leaders death. We have the new threat
that Bush might be vulnerable to losing votes because of
the 9/11 commission and the Clarke attack. The markets are
afraid Kerry might actually win. The uncertainty from all
these events is causing serious indigestion for traders.
Bonds are continuing to rise, money is rotating out of
stocks and funds are seeing cash outflows. In short either
the bull died or maybe it is just sick but pulse is
definitely missing.

The Dow tried twice today to climb out of the Monday hole
and failed both times. Twice today it failed at 10125 and
closed very near the low of the day at 10050. We still
have not touched the 10K level but came very close at
10012 on Monday without any material bounce. The Nasdaq
came within one point of Monday's lows at 1397 and also
closed near its lows for the day.

Today should have been a dead cat bounce, relief rally,
bargain hunting rebound, etc. Pick your own label. When
we have a very big drop on 10:1 down volume that punctuates
several days of losses the normal reaction is a gain the
following day. Obviously these are not normal conditions.

The lack of a rebound and the velocity of the sell off at
the close should be telling us not to sleep in tomorrow.
After the close futures continued to slip without any
additional news. Tomorrow could start out with a loss and
with the indexes right on the edge of the support cliff
any material loss could easily break that support. The
Dow closed at 10066 and the Nasdaq at 1901 with the S&P
already under support at 1094. In non technical terms
this could get ugly quick.

Should the Dow move under 10K and hold the rats will be
fighting each other to abandon ship. News driven changes
in market sentiment can take on a life of their own and
they almost always over react and over reach. Once the
herd smells smoke and begins to move away from danger it
can easily turn into a stampede. Despite the 10:1 down
volume on Monday the selling was orderly. Until it becomes
disorderly it may not provide the capitulation event needed
to end the selling. This suggests we could break current
support and we could see another drop again tomorrow. If
it does not happen on Wednesday then there is a chance
we could dodge the bullet. Once traders take time to catch
their breath the greed principle will return and the
selling pressure should ease.

On Wednesday AMAT will host its annual meeting and we could
get some positive news from that sector. After the close
Micron will post earnings and there are some rumors that
DRAM chips are available on an allocation basis only for
the first time in eight years. Any news on this from Micron
should help the SOX which is fighting to hold above six
month lows. After the bell today PMCS said Q1 revenue would
be at the high end of its prior guidance. They also said
their book-to-bill for the March quarter was already over
with orders rising. It is news like this that should
be lifting techs but instead it has been ignored.

Goldman Sachs was the star of the day when they posted
profits that best estimates by 85 cents at $2.50 a share.
They said equity related business as well as an increase
in corporate activity levels added to their gains. GS was
thanked with a nine cent gain in the stock price.

If you are like me and have been waiting for EBAY to pull
back for an entry then today was your day. My alarm at
$65 went off this morning after a negative article in
Business Week suggested the company was over priced. EBAY
traded over $69.50 on Friday and under $65 today. That is
about the biggest two day drop in recent memory. The 100
dma is just under $64 and has not been touched since Nov.
If you like EBAY this may be a buying opportunity for a
stock that refuses to drop. Unfortunately when markets
are weak for external reasons even good stocks sink with
it. Look for evidence the drop is over before making a
bid on this auction.

I would be especially cautious about entering new positions
until the volatility eases and "normal" markets return. Of
course that depends on what your definition of normal may
be. With the current overnight sentiment indicating we
may open down on Wednesday I would look for something
that resembled a capitulation event to go long. Look for
heavy volume and a large imbalance on the internals and
the appearance of a bottom being formed. There is no
guarantee we will get one or that there will be a rebound
but that would be my target for a long entry this week.
Until then trade the trend.

Enter Passively, Exit Aggressively.

Jim Brown
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
---------------------------------

Laboratory Corp. - LH - close: 38.48 change: +0.45

WHAT TO WATCH: Over the past 6 weeks, LH appears to have worked
off the euphoria that drove it up to the $44 level in early
February and it looks like a near-term double bottom is forming
near $37.50.  Note how the stock has been riding higher over the
past several sessions along the 100-dma.  Use a trigger over
$39.75 for entry, as that would represent a move through both
horizontal resistance and the 200-dma.  A conservative target
would be for a return to $42 resistance, while more aggressive
traders can target the $44 level.




---

Staples Inc. - SPLS - close: 23.96 change: -0.69

WHAT TO WATCH: It has taken long enough to come to fruition, but
it looks like shares of SPLS are in the final stages of building
a major top, having left behind a double top just below $28.  The
selling of the past few weeks has broken key support and today's
high-volume slide under the 200-dma looks bad.  Use a trigger
under today's low for entry and target a fill of the August gap
down to the $20.50 level.  Note that it is very likely we'll see
a near-term bounce from the top of the gap near $22.50 on the way
down, so more conservative traders will want to enter as that
rebound attempt rolls over.




---

Sanmina SCI Corp. - SANM - close: 10.32 change: -0.01

WHAT TO WATCH: Friday's market-wide selloff finally cracked the
bottom of SANM's support at $10.75, and the stock has continued
to fall the past two days, finally closing under the 200-dma
today.  There should now be very strong overhead resistance in
the $10.50-11.00 area and a failed rebound there should provide
an excellent bearish entry point.  Alternatively, a break below
the $10 level should usher in the next leg of the decline, which
should carry the stock down towards the $9 level.




---

Novell Inc. - NOVL - close: 9.46 change: -0.06

WHAT TO WATCH: Selling in the Technology sector has not been kind
to shares of NOVL, which have been testing key support at $9.30
for nearly 2 weeks.  If that support breaks, the stock should
fall to next support near $8.20 with a very real possibility of
dropping all the way to the 200-dma at $7.40.  Use a trigger of
$9.25 for entry.





===================
On the RADAR Screen
===================

MSFT $24.15 - Conspicuous in its complete inability to show any
strength, MSFT once again closed at multi-month lows and it looks
headed for a test of the 2002 lows in the $21-22 area.  The stock
looks heavily oversold currently, so our expectations would be
for a bounce any day now.  There should now be strong resistance
near $25 and a rollover near that level looks good for bearish
entries.

DELL $33.17 - While holding up much better than MSFT, DELL isn't
looking very healthy, having been in a descending trend since
October.  Currently stalled below the 50-dma, the stock is
looking that much weaker with the recent cross of the 50-dma
below the 200-dma.  A rollover below the 200-dma looks like a
viable short entry, targeting a drop back to support near $31.

CSCO $22.36 - Completing the Big Cap Tech Trifecta, CSCO
continues to look sickly, as each rebound attempt fails at a
lower high as the stock tries desperately to hold above its 200-
dma.  A break below recent support at $22 and the 200-dma should
have the stock vulnerable to a test of the October lows near $19.


===============================
Market Sentiment
===============================

Demoralizing
- J. Brown

Ouch!  After two days of heavy losses the markets were hoping for
an oversold bounce from support and we got it but it failed to
last.  By the close nearly every index large and small was
painting a failed rally pattern suggesting more weakness in store
for us tomorrow.  The good news is that the Dow Industrials and
the NASDAQ are still above key support levels but they'll
probably be challenging them again tomorrow.

Looking through the list of major indices several of them have
joined the NASDAQ in the fight to hold their 200-dma's. The Dow
Transports, the GHA hardware index and the GSO software index are
all hovering just above their 200-dma's.  The SOX has closed for
the second day under this technical level but is still holding
support at the 450 mark.

Sectors that have seen a lot less profit taking are hitting their
own support levels.  The BTK biotech index, the RLX retail index
and the IUX Insurance index are all trading under their 50-dma's.
Today's decline adds the OIX oil index and the OSX oil services
index to the under-the-50-dma list.

Overall market internals were mixed.  Advancing stocks stumbled
past decliners 16 to 11 on the NYSE but just barely edged past
losers 1570 to 1500 on the NASDAQ.  Up volume did outweigh down
volume on the NYSE but it was mirrored by a jump in down volume
on the NASDAQ.

Hopefully tomorrow's durable goods orders and new home sales
numbers will offer Wall Street some positive news to focus on.


-----------------------------------------------------------------

Market Averages

DJIA ($INDU)

52-week High: 10753
52-week Low :  7929
Current     : 10063

Moving Averages:
(Simple)

 10-dma: 10186
 50-dma: 10501
200-dma:  9804



S&P 500 ($SPX)

52-week High: 1163
52-week Low :  843
Current     : 1093

Moving Averages:
(Simple)

 10-dma: 1111
 50-dma: 1136
200-dma: 1055



Nasdaq-100 ($NDX)

52-week High: 1559
52-week Low : 1014
Current     : 1370

Moving Averages:
(Simple)

 10-dma: 1405
 50-dma: 1478
200-dma: 1379


-----------------------------------------------------------------

These volatility indices all hit new relative highs on Monday and
this morning's bounce in the market pulled them all back but the
trend appears to be up.

CBOE Market Volatility Index (VIX) = 20.67 -0.91
CBOE Mkt Volatility old VIX  (VXO) = 20.45 -0.95
Nasdaq Volatility Index (VXN)      = 26.84 -0.31

-----------------------------------------------------------------

          Put/Call Ratio  Call Volume   Put Volume

Total          0.68        819,911       554,977
Equity Only    0.57        641,833       366,452
OEX            0.94         29,159        27,484
QQQ            1.29         74,206        95,709


-----------------------------------------------------------------

Bullish Percent Data

           Current   Change   Status
NYSE          70.1    - 2     Bull Correction
NASDAQ-100    38.0    - 6     Bear Confirmed
Dow Indust.   80.0    + 0     Bull Correction
S&P 500       73.8    - 4     Bull Correction
S&P 100       82.0    - 3     Bull Correction


Bullish percent measures the number of stocks in an index
currently trading on a buy signal on their point and figure
chart.  Readings above 70 are considered overbought, and readings
below 30 are considered oversold.

Bull Confirmed  - Aggressively long
Bull Alert      - Cautiously long
Bull Correction - Pause or pullback in upward trend
Bear Alert      - Take defensive action if long
Bear Confirmed  - High risk if long, good conditions for shorting
Bear Correction - Pause or rebound in downtrend


-----------------------------------------------------------------

 5-dma: 1.67
10-dma: 1.71
21-dma: 1.66
55-dma: 1.19


Extreme readings above 1.5 are bullish, and readings below .85
are bearish.  These signals don't occur often and tend be early,
but when they do, they can signal significant market turning
points.


-----------------------------------------------------------------

Market Internals

            -NYSE-   -NASDAQ-
Advancers    1633      1570
Decliners    1179      1500

New Highs      76        66
New Lows       19        30

Up Volume    935M      818M
Down Vol.    799M      964M

Total Vol.  1763M     1800M
M = millions


-----------------------------------------------------------------

Commitments Of Traders Report: 03/16/04

Weekly COT report discloses positions held by small specs
and commercial traders of index futures contracts at the
Chicago Mercantile Exchange and Chicago Board of Trade. COT data
can be found at www.cftc.gov.

Small specs are the general trading public with commercials being
financial institutions. Commercials are historically on the
correct side of future trend changes while small specs tend
to be wrong.

S&P 500

Hmm... there's been a lot of action in the commercial traders'
positions the last few weeks.  It's almost like they can't decide
what direction to go.  The latest data shows them switching from
net bearish to net bullish again.   Small traders are more
consistent and remain net bullish although less so than recent
weeks.


Commercials   Long      Short      Net     % Of OI
02/24/04      417,490   416,502       988     0.0%
03/02/04      411,932   418,936    (7,004)   (0.1%)
03/09/04      418,394   433,237   (14,843)   (1.7%)
03/16/04      454,635   449,505     5,130     0.6%

Most bearish reading of the year: (111,956) -  3/06/02
Most bullish reading of the year:   23,977  - 12/09/03

Small Traders Long      Short      Net     % of OI
02/24/04      141,559    85,171    56,388    24.9%
03/02/04      148,383    84,135    64,248    27.6%
03/09/04      155,947    88,317    67,630    27.7%
03/16/04      159,054   115,023    44,031    25.3%

Most bearish reading of the year:  (1,657)- 5/27/03
Most bullish reading of the year: 114,510 - 3/26/02


E-MINI S&P 500

Whoa!  Commercial traders have turned very bearish on the
S&P e-mini's.  Contract volume in both longs and shorts have
soared but they bought almost 90K new shorts pushing bearish
sentiment to new levels not seen in weeks.  Small traders
also increased their positions but remain bullish.


Commercials   Long      Short      Net     % Of OI
02/24/04      320,425   387,255    (66,830)  ( 9.4%)
03/02/04      344,805   395,112    (50,307)  ( 6.8%)
03/09/04      431,623   485,268    (53,645)  ( 5.9%)
03/16/04      472,809   574,241   (101,432)  ( 9.7%)

Most bearish reading of the year: (354,835)  - 06/17/03
Most bullish reading of the year:  133,299   - 09/02/03

Small Traders Long      Short      Net     % of OI
02/24/04     129,894     63,524    66,370    34.3%
03/02/04     119,382     67,453    51,929    27.8%
03/09/04     135,233     76,558    58,675    27.7%
03/16/04     192,136     96,691    95,445    33.0%

Most bearish reading of the year: (77,385)  - 09/02/03
Most bullish reading of the year: 449,310   - 06/10/03


NASDAQ-100

Commercial traders are continuing this bullish trend and
hit another new high in bullish sentiment.  Is everyone
just buying the dip?  Small traders may have taken notice
as they nearly doubled their number of long contracts but
then the more than doubled their short contracts.  At least
the brokers are making some money on commissions.

Commercials   Long      Short      Net     % of OI
02/24/04       47,266     40,452     6,814    7.8%
03/02/04       49,959     41,059     8,900    9.8%
03/09/04       57,368     46,082    11,286   10.9%
03/16/04       68,285     54,899    13,386   10.9%

Most bearish reading of the year: (21,858)  - 08/26/03
Most bullish reading of the year:  13,386   - 03/16/04

Small Traders  Long     Short      Net     % of OI
02/24/04       12,388     7,310     5,078    25.8%
03/02/04       11,605     7,128     4,477    23.9%
03/09/04       15,533     8,070     7,463    31.6%
03/16/04       27,859    18,333     9,526    20.6%

Most bearish reading of the year: (10,769) - 06/11/02
Most bullish reading of the year:  19,088  - 01/21/02

DOW JONES INDUSTRIAL

Not too much change here for the commercial traders although
they've become significantly less bullish than recent weeks.
Small traders are moving the other direction and becoming
less bearish!


Commercials   Long      Short      Net     % of OI
02/24/04       27,176    13,918   13,258      32.3%
03/02/04       27,594    14,166   13,428      32.2%
03/09/04       26,867    12,845   14,022      35.3%
03/16/04       32,317    17,514   14,803      29.7%

Most bearish reading of the year: (8,322) -  1/16/01
Most bullish reading of the year: 15,135  - 10/16/01

Small Traders  Long      Short     Net     % of OI
02/24/04        6,509    14,919   (8,410)   (39.2%)
03/02/04        6,898    15,874   (8,976)   (39.4%)
03/09/04        7,053    19,159  (12,106)   (46.2%)
03/16/04       10,002    20,970  (10,968)   (35.4%)

Most bearish reading of the year: (12,106) -  3/09/04
Most bullish reading of the year:   8,523  -  8/26/03

-----------------------------------------------------------------


=================================================================
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 ) 2003  PremierInvestor.net. and
The Premier Investor Network.
Do not duplicate or redistribute in any form.





PremierInvestor.net Newsletter                  Tuesday 03-23-2004
                                                    section 2 of 2
Copyright (c) 2004, All rights reserved.
Redistribution in any form is strictly prohibited.

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

Stop Adjustments:  RFMD, VRTS

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)


=================================================================
Stop Loss Adjustments
=================================================================

RFMD - tech stock short
lower stop from $9.00 to $8.71

---

VRTS - short
Adjust from $29.35 down to $27.90


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

GCI     Gannett Co Inc             87.66     +0.58
WLP     Wellpoint Health Network  111.91     +0.68
MFC     Manulife Financial         35.37     +0.61
AMX     America Movil              37.36     +0.77
AET     Aetna Inc                  87.08     +0.96
ATH     Anthem Inc                 88.96     +0.89

---------------------------------------
Breakout to Upside (Stocks $5 to $20)
---------------------------------------

RHAT    Red Hat Inc                19.41     +1.08
SKIL    Skillsoft Plc (ADR)        11.60     +1.62
PLMO    Palmone Inc                17.99     +4.15
HBG     Hub Intl Ltd               18.89     +1.26
VANS    Vans Inc                   13.50     +1.21

---------------------------------------
Breakout to Upside (Stocks over $20)
---------------------------------------

ELAB    Eon Labs Inc               62.40     +1.45
WES     Westcorp Inc               43.03     +2.43
AGY     Argosy Gaming Co           34.21     +1.22
PLCE    Children's Place           31.95     +1.87
LWAY    Lifeway Foods Inc          22.91     +1.54

-------------------------------------------
Breakout to Downside (Stocks over $20)
-------------------------------------------

AMGN    Amgen Inc                  57.83     -2.28
DHR     Danaher Corp               88.96     -1.83
PD      Phelps Dodge               78.79     -2.31
FCX     Freeport Mcmoran           38.94     -1.20
RIMM    Research In Motion Ltd     86.64     -3.76
NTLI    NTL Inc                    54.59     -1.68
RDC     Rowan Companies            21.12     -1.30
HSC     Harsco Corp                43.91     -1.26
TARO    Taro Pharmaceuticals       57.40     -2.41

-----------------------------------------
Recently Overbought With Bearish Signals (Stocks over $20)
-------------------------------------------

TD      Toronto Dominion Bank      34.63     -0.52
POSS    Possis Medical Inc         27.49     -1.31


=================================================================
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 2003  PremierInvestor.net. and
The Premier Investor Network.
Do not duplicate or redistribute in any form.





DISCLAIMER

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

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

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

Option Investor Inc
PO Box 630350
Littleton, CO 80163

E-Mail Format Newsletter Archives