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PremierInvestor.net Newsletter          Weekend Edition 06-20-2004
                                                    section 1 of 3
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:       Ten Days and Counting
Market Sentiment:  Another Week of Waiting
Watch List:        Iron to Candles to Semis

=================================================================
MARKET WRAP  (view in courier font for table alignment)
=================================================================
        WE 6-18         WE 6-11         WE 6-04         WE 5-28
DOW    10416.41 +  6.31 10410.1 +167.18 10242.8 + 54.37 +221.71
Nasdaq  1986.73 - 13.14 1999.87 + 21.25 1978.62 -  8.12 + 74.65
S&P-100  554.81 -  0.09  554.90 +  7.82  547.08 +  1.95 + 10.80
S&P-500 1135.00 -  1.47 1136.47 + 13.97 1122.50 +  1.86 + 27.08
W5000  11034.12 - 11.83 11045.9 +109.64 10936.3 +  9.95 +301.26
SOX      453.08 - 23.20  476.28 +  5.37  470.91 - 17.95 + 30.68
RUT      570.54 +  1.42  569.12 +  1.37  567.75 -   .53 + 22.47
TRAN    3068.67 + 43.96 3024.71 + 32.43 2992.28 + 44.27 + 82.26
WE = week ending
=================================================================

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

Ten Days and Counting
by Jim Brown

The markets traded to a draw once again as the indexes passed
time waiting for coming events. We are ten days away from the
Fed meeting and coming rate hike. We are ten days from the
Iraq transfer of power and we are only twelve days away from
high event risk of the July-4th weekend. Add to this the
Russell shuffle and end of the quarter. All of these events
contain high levels of uncertainty to some extent and we all
know that is not something traders welcome.

Dow Chart - Daily


Nasdaq Chart - Daily



The indexes ended flat and at strong resistance once again
despite some strong economic reports and some dovish testimony
from Greenspan. We saw the Philly Fed rise to 28.9 from 23.9
and Jobless Claims return to the 330K levels we saw in spring.
The Beige Book saw strong economic signs in nearly every area
of the country that included a pickup in hiring. Industrial
Production soared as did Consumer Sentiment. Good news was
breaking out all over but it was not without some soft spots.
The International Trade number was a new record deficit. The
current account deficit also rose to a -$145 billion level
and the largest deficit related to GDP on record. The NY
manufacturing survey was flat and the Kansas survey fell.
However, the Fed claims inflation is still low despite the
PPI and CPI which both soared.

Do you see something in that prior paragraph that should
concern traders? Of course it is uncertainty rearing its
ugly head in the economic arena as well as on the global
scene. The uncertainty in the recovery has analysts on the
fence about the coming Fed rate hike. Where most were saying
the Fed was behind the curve for the last couple months and
suggesting the first hike could be 50 points the chatter
this week has been more muted. Instead of 75 points through
the August meeting analysts are now predicting only 25
points at each of the next five meetings and no 50 point
jump at any point. The Fed rhetoric last week about taking
aggressive action if needed has mellowed back to "measured
pace" once again. The uncertainty factor still prevails.
The recovery is now being called "tenuous" and while the
Fed is still expected to hike on the 30th there is talk
that there may not be another in August if the economy
does not improve.

We are in the summer doldrums for corporate earnings and
we will begin to get the predictions for the summer quarter
in about three weeks when the Q2 earnings begin announcing.
So far there have been few earnings warnings but we are
just now getting into the real warning period. Considering
the upward guidance announcements have been muted as well
we are seeing an uncertainty cloud begin to form over the
future guidance. You see how that "U" word is beginning to
dominate our future. Remember how the "visibility" word
dominated guidance a couple years ago? Welcome to the new
buzz word for traders.

The problem is not just the next three weeks. Once past
the July-4th weekend and earnings we will then be faced
with the political conventions, Olympic event risk and
then the election itself. The economic differences between
Bush and Kerry could keep investors on the sidelines as
long as the election outcome is in doubt. In a tie race
every major election mistake by either candidate could
swing the expected outcome and by default the "initial"
impact of a win by the other side. In reality the market
does equally well with either party in power but it does
not react well to the first couple weeks after the
election with a party change.

Ideally the market would react well to positive Q3 guidance,
calming comments from the Fed and a clear leader in the
presidential race. We are several weeks before we can
count on at least two of those factors. Since the market
is a very efficient discounter of future events we are
effectively dormant because investors do not know which
way to discount. There are just too many unknowns ahead.

The Dow has come to a screeching halt at 10430 resistance
for the last two weeks and has tested it multiple times.
The close on Friday at 10416 represents a close near the
highs for the last two weeks and near the highest levels
since April 28th. The declines for the entire month of May
have been erased and we are back knocking on the resistance
door. Considering the uncertainty this is amazing. This
resistance range runs for about +150 points over the
current 10430 level and increases in intensity up to
10575. Just getting over 10430 will not solve the problem
but should at least give us a new range to trade. It does
appear to me the Dow is building a bullish triangle at
that 10430 level and were it not for the uncertainty I
would expect a breakout almost immediately.

Dow Chart - 120 min



The Nasdaq is a little tougher to call. It has been trading
in the 1980-2000 range since May 27th with only a couple
forays outside those limits. The Nasdaq is being limited
by the Russell shuffle due in 10 days and the implosion
in the SOX. The SOX made a double top at resistance at
490 since June 1st and with the Book-to-Bill dropping on
Thursday the SOX has declined to near 450. With chips
falling the Nasdaq will not be able to sustain a rally.
This should turn around next week IF it is going to turn.
The SOX has strong support at 440 and this is where it
could find buyers. Also helping the Nasdaq will be the
Russell rebalance but not until month end. Once the new
stocks are added there is normally a couple days of
volatility and then the Russell is free to trade on
fundamentals again rather than rebalance arbitrage.

Nasdaq Chart - 120 min


SOX Chart - Daily



For me all those events I discussed sets up the potential
for a rally the first week of July. Regardless of the Fed
action it will be behind us and the holiday weekend over.
The Russell rebalance will be history and earnings will
begin flowing. I am encouraged that we have not seen more
warnings and think the pickup in employment is a real sign
that the economy is growing, slowly but growing. The slow
growth should continue to keep inflation in check and the
drop in oil prices should at least keep the July inflation
numbers inline. Summers in front of an election are
surprisingly enough bullish as the candidates promise
a chicken in every pot and jobs for everybody. Reality
tends to be ignored.

With all the current negativity coming to a head very
soon there is the possibility for an uncertainty relief
rally on July 6th. I do not expect a 50 point hike and
more than a 25 point hike is already priced in. Fund
flows were actually positive +1.3B last week and June is
the end of a quarter. This means there will be a larger
influx of retirement funds the first ten days of July.
I think there will be a pre earnings bounce and then a
pause to see if the outlook will hold.

That leaves us with a slack week ahead before the fireworks
begin to happen. While I would like to think we could rise
in front of those events I am not convinced. I think we
could see a continued uptick but we could just as easily
see a final exit to the sidelines by those more cautious
to wait out the events. This is truly a week where the
bulls and bears could battle but the war may be waged in
such low volume as to be insignificant. With rising
support and strong resistance a direction will eventually
be found but it may not be next week. If anything our
range may simply widen depending on the strength of
either side but I doubt we will see a strong move in
either direction. The coming week is not a week for big
bets. It is more likely a week that traders take an early
vacation while they wait for the fireworks. The following
week could see strong volatility in both directions as
the news events unfold. Depending on those events we
could see a rise into the holiday weekend propelled by
high risk traders trying to position themselves for any
post holiday bounce. This forecast and $5 will only buy
you a cup of strong coffee at Starbucks. It may not be
exactly the way it plays out but that is the way I see
it today. I will continue to update it as the calendar
ticks away but remember for the next ten days, uncertainty
rules.

Enter Very Passively, Exit Very Aggressively!

Jim Brown


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

Another Week of Waiting
- J. Brown

The markets have been effectively range bound over the last three
to four weeks due to investor uncertainty over oil prices,
interest rates, and Iraq.  Unfortunately, none of that has
changed.  Granted fears over oil prices have settled somewhat
despite the reality of the recent shutoff in Iraq due to
terrorist bombings.  Interest rate concerns aren't really a true
"fear" any more now that the recent economic data shows inflation
remains under control and the Fed is once again spouting their
"measured" mantra.  The only real concern left is Iraq.

This past week has been a tough one when it comes to geo-
political concerns.  A handful of Iraq's new governing officials
have been assassinated.  Dozens of Iraqi citizens have been
killed in car bombs while they waited in line for jobs with the
new government.  Two successful attacks on the southern pipelines
have cut off Iraq's oil exports for the next seven to ten days to
the tune of $60 million per day in lost revenues.  There are
rumors of Iran building up its armed forces near the Iraq border
all while tensions mount of Iran's nuclear aims and capabilities.
Let's not forget the recent beheading of an American by
terrorists in Saudi Arabia, a country many claim is on the verge
of civil war.  Yes, geo-political worries truly are an influence
on investor sentiment even more so if its affect keeps investors
from trading at all.

Volume has been incredibly low this past week because there is no
impetus to buy (or sell) stocks.  We're still ten days from the
June 30th decision on interest rates and the Iraq handover of
power.  We're also ten days away from the end of the quarter and
the end of the first half of the year.  Will we see much window
dressing ahead of these huge events?  Or will it be window
undressing?  Jim mentioned the upcoming July 4th weekend.  What
are the odds of the U.S. government raising the terror alert on
such a patriotic holiday?  It would certainly appear to be a big
opportunity for terrorists said to already be in the U.S. but
then so is the Democratic and Republican conventions later in the
summer.

Take a look at the COT data at the bottom of this report.  You'll
notice a few interesting changes.  Check the history of the
commercial traders for the S&P e-minis.  You'll see that
commercial traders have slowly been upping their short positions
so that they've turned from mildly bullish to significantly more
bearish in the past month.  That's not a good sign.  This data
says that commercial traders believe the S&P 500 will be trading
lower in our future.  Oddly enough we've seen the opposite happen
in the Dow Jones futures.  Commercial traders, or so called
"smart money", has moved from net bearish to net bullish on the
Dow Industrials.  It wouldn't surprise me to see a divergence in
the markets between blue chips and techs.

Looking ahead to next week I'd keep my eyes on these sectors:
oil, oil services, natural gas, defense, cyclicals, healthcare
and gold.  All of them have out performed this past week and
might be able to keep the momentum going.


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

Market Averages

DJIA ($INDU)

52-week High: 10753
52-week Low :  8871
Current     : 10416

Moving Averages:
(Simple)

 10-dma: 10373
 50-dma: 10257
200-dma: 10126

S&P 500 ($SPX)

52-week High: 1163
52-week Low :  962
Current     : 1135

Moving Averages:
(Simple)

 10-dma: 1133
 50-dma: 1119
200-dma: 1093

Nasdaq-100 ($NDX)

52-week High: 1559
52-week Low : 1180
Current     : 1464

Moving Averages:
(Simple)

 10-dma: 1473
 50-dma: 1447
200-dma: 1436


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

CBOE Market Volatility Index (VIX) = 14.99 -0.16
CBOE Mkt Volatility old VIX  (VXO) = 14.75 -0.29
Nasdaq Volatility Index (VXN)      = 20.02 -1.31


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

          Put/Call Ratio  Call Volume   Put Volume

Total          0.80      1,095,854       878,324
Equity Only    0.60        907,770       543,536
OEX            1.05         45,969        48,124
QQQ            0.29        201,008        57,587


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

Bullish Percent Data

           Current   Change   Status
NYSE          65.5    + 0     Bear Confirmed
NASDAQ-100    41.0    - 1     BULL ALERT
Dow Indust.   70.0    + 0     Bear Confirmed
S&P 500       63.0    + 0     Bear Confirmed
S&P 100       63.0    + 0     Bear Confirmed



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: 1.02
10-dma: 0.90
21-dma: 0.93
55-dma: 1.03


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    1561      1408
Decliners    1217      1601

New Highs     167        78
New Lows       46        79

Up Volume   1084M      903M
Down Vol.    667M      687M

Total Vol.  1777M     1690M
M = millions


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

Commitments Of Traders Report: 06/15/04

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

Commercial traders remain net bearish but they have added to
their long positions.  Small traders have also added to their
long positions but it's the jump in their shorts that is most
noteworthy.


Commercials   Long      Short      Net     % Of OI
05/25/04      400,713   420,764   (20,051)   (2.4%)
06/01/04      406,665   421,681   (15,016)   (1.8%)
06/08/04      397,294   452,904   (55,610)   (6.5%)
06/15/04      428,905   444,197   (15,292)   (1.8%)

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
05/25/04      136,086    79,060    57,026    26.5%
06/01/04      137,100    79,583    57,517    26.5%
06/08/04      158,373    92,794    65,579    26.1%
06/15/04      169,595   115,336    54,259    19.0%

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

Hmm... what are commercial traders trying to tell us.  Their
short positions have grown steadily over the past four weeks.
Likewise the small traders' long positions have grown each
week for the last four weeks.


Commercials   Long      Short      Net     % Of OI
05/25/04      353,722   336,406     17,316     2.5%
06/01/04      325,865   325,274        591     0.0%
06/08/04      367,191   409,246    (42,055)   (5.4%)
06/15/04      440,867   522,546    (81,679)   (8.5%)

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
05/25/04       91,515    100,759   ( 9,244)  ( 4.8%)
06/01/04      111,484     90,625    20,859    10.3%
06/08/04      140,191     84,649    55,542    24.7%
06/15/04      216,759    147,247    69,512    19.1%

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 remain bullish on the NASDAQ but their
confidence is waning.  Likewise small traders are staying
true to their nature and doing the opposite with a decrease
in shorts.


Commercials   Long      Short      Net     % of OI
05/25/04       59,891     37,630    22,261   22.8%
06/01/04       59,944     34,784    25,160   26.6%
06/08/04       64,747     41,178    23,569   22.3%
06/15/04       78,542     54,341    24,201   18.2%

Most bearish reading of the year: (21,858)  - 08/26/03
Most bullish reading of the year:  25,160   - 06/01/04

Small Traders  Long     Short      Net     % of OI
05/25/04       10,184    20,653   (10,469)  (33.9%)
06/01/04        9,755    30,025   (20,270)  (51.0%)
06/08/04        9,716    29,594   (19,878)  (50.6%)
06/15/04       15,794    35,880   (20,086)  (38.9%)

Most bearish reading of the year: (20,270) - 06/01/04
Most bullish reading of the year:  19,088  - 01/21/02

DOW JONES INDUSTRIAL

Hmm.. we have some interesting moves here.  Commercial traders have
gone from net bearish to net bullish while small traders have
moved from net bullish to net bearish on the Dow Jones.
You know who normally wins these conflicts - it's the
commercials.


Commercials   Long      Short      Net     % of OI
05/25/04       23,578    24,632   (1,045)     (2.2%)
06/01/04       23,397    24,393   (  996)     (2.0%)
06/08/04       24,636    25,821   (1,185)     (2.3%)
06/15/04       30,438    24,766    5,672      10.3%

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
05/25/04        9,623     6,614    3,009     18.5%
06/01/04        9,000     6,021    2,979     19.8%
06/08/04        8,325     6,431    1,894     12.8%
06/15/04       13,942    20,953   (7,011)   (20.1%)

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

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


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

Iron to Candles to Semis


United States Steel - X - close: 31.88 change: +1.28

WHAT TO WATCH: A number of metal and mining stocks turned in
solid gains this Friday.  X was one of them with a 4% rally
through resistance at $31.00 and its simple 50-dma.  Volume was
heavier than normal and that's saying something given the
terrible volume lately.  This breakout could be an entry point
for a move to $35.  We might look for a test and bounce of the
$31 level again or a move through $32 as a trigger.




---

Yankee Candle Co - YCC - close: 30.65 change: +1.01

WHAT TO WATCH: YCC outperformed the markets on Friday with a 3.4%
rally and a breakout through significant resistance at $30.00.
YCC is up six weeks in a row and now at all-time highs.  We'd
look for a pull back and bounce from the $30 level again but use
a tight stop.  Bulls should be careful.  Shares are definitely
short-term overbought.  Its bullish P&F chart just produced a new
buy signal and points to a $59 price target.




---

Southwest Airlines - LUV - close: 15.88 change: +0.38

WHAT TO WATCH: After four weeks of churning sideways between
$15.00 and $16.00 it looks like LUV is ready to breakout.  The
recent up tick in shares over the last two sessions has seen
volume surge above normal.  We would consider a trigger above
$16.00 and its simple 200-dma for aggressive plays.  We labeled
it aggressive because there is a constant fear of another
terrorist attack and if anything occurs locally on U.S. soil is
bound to send airline stock lower.  Secondly, the XAL airline
index is still stuck in downward pattern of lower highs.  This
could impede LUV's climb higher.  We would target the $18.50-
19.00 range.




---

Texas Instruments - TXN - close: 24.00 change: -0.07

WHAT TO WATCH: Heads up!  This looks like an entry point to short
TXN.  The stock churned sideways between $24 and $26.50 for
weeks.  TXN broke down through support at $24 on Thursday with
big volume behind the move.  Shares tried to rebound on Friday
but traders sold it as it neared $24, which should now be new
resistance.  Its MACD is in a new sell signal while its P&F chart
is in a sell signal pointing to a $20 price target.  The only
caution here is potential support at $22.50 on its daily chart
and potential support at $23 on its P&F chart.  Keep an eye on
the SOX index, which looks ready to breakdown under the 450
level.




---

First Health Group - FHCC - close: 15.97 change: +0.50

WHAT TO WATCH: Hmm.. FHCC may have finally built a new short-term
bottom between $14.50 and $15.50 over the last six weeks.  Now
the stock has produced a bullish 3.2% rally, which broke through
resistance at $15.50 and almost made it through $16.00 and its
simple 40-dma.  We might consider speculative plays in FHCC if it
can bounce from $15.50 or push through today's high near $16.22.
Our target would be the bottom of the April gap near $19.00.  We
label it speculative because its P&F chart is extremely bearish
with a $7.00 price target.





-----------------------------------
RADAR SCREEN - more stocks to watch
-----------------------------------

N $35.04 +1.40 - We like N.  The 4% rally on Friday broke through
resistance at $34.00 and its 100 and 200-dma's.  It has also
broken its five-month trend of lower highs.  Patient traders
could target $38 to $40.

WOR $20.20 +0.19 - WOR is another steel play that happens to be
hitting new highs over resistance at $20.00.

MRO $36.64 +0.28 - This oil/gas stock has enjoyed the strength in
the energy sector and hit new five-year highs.  Not only does the
rally look strong but it happens to be a P&F chart bullish
triangle breakout.  These are very effective patterns to trade.
Consider new entries anywhere in the $35.50-36.50 range.

ASD $39.38 +0.60 - Traders looking for relative strength plays
will like ASD's charge to new all-time highs today.

TER $19.93 -0.23 - We're still watching TER.  The breakdown under
$20.00 looks pretty good for bearish positions.


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PremierInvestor.net Newsletter          Weekend Edition 06-20-2004
                                                    section 2 of 3
Copyright (c) 2004, All rights reserved.
Redistribution in any form is strictly prohibited.


In section two:

Tech Stocks
  New Bearish Plays:     QLGC
  Bullish Play Updates:  BRCM, TTEC
  Bearish Play Updates:  ISIL, SNDK


Active Trader (Non-tech)
  New Bullish Plays:     JCP, SHW
  New Bearish Plays:     HOTT
  Bullish Play Updates:  SBUX
  Bearish Play Updates:  LEN
  Closed Bearish Plays:  CEC

High Risk/Reward
  New Bearish Plays:     SOHU
  Bullish Play Updates:  MACE
  Bearish Play Updates:  NPSP, RMBS


Stock Splits
  Announcements:         None


==================================================================
Net Bulls (NB) Tech Stock section
==================================================================

=========
NEW PLAYS
=========

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

QLogic Corp. - QLGC - close: 25.57 change: +0.04 stop: 28.15

Company Description:
QLogic Corporation designs and develops storage networking
infrastructure components sold to original equipment
manufacturers (OEMs), resellers and system integrators.  The
company's products include the SANblade host bus adapters (HBAs),
SANbox Fibre Channel Switches and SANsurfer Management Suite HBA
and Switch management software.  QLGC's Fibre Channel HBAs
support small computer systems interface (SCSI) protocol,
Internet protocol (IP), virtual interface (VI) and fiber
connection (FICON) protocol.  In addition, the company designs
and supplies controller chips used in hard drives and tape
drives, as well as enclosure management and baseboard management
chip solutions that monitor the health of the physical
environment within a server or storage enclosure.

Why we like it:
Ever since its earnings warning at the end of March, QLGC has
been a favored target of the bears.  April's downtrend saw the
stock breaking major support near $31 and then continuing all the
way to just under the $26 level.  The stock then managed a solid
month of consolidation near the lows before rocketing higher at
the end of May.  That short-covering rally ran into stiff
resistance at the 50-dma (currently $28.11) before tipping over
and then plunging lower late last week, coming to rest right at
the level of the April lows.  QLGC now appears poised for another
major break of support and we want to get aboard for the downhill
ride.  The PnF chart still presents a very bearish picture, even
though the $40 downside target has long since been met.  Turning
to the weekly chart, we can see that the past three major
selloffs in the stock have all halted near the $20 level, so that
will be our target for the play.

Of course, we don't want to get drawn into the play before the
breakdown takes place, so we'll use an entry trigger at $25,
which is sufficiently below both the April lows and last Friday's
low to avoid being caught in a bear trap.  Aggressive entries can
be taken on the initial breakdown, while more cautious traders
may want to look for a failed rebound in the vicinity of $26.00-
26.50 as the ideal setup for entry.  We'll give the stock ample
room to move before the downward move continues, and will set our
initial stop at $28.15, just over both the 20-dma ($28.03) and
the 50-dma.

Annotated Chart of QLGC:



Picked on June 20th at      $25.57
Change since picked          +0.00
Earnings Date              4/28/04 (confirmed)
Average Daily Volume =    4.60 mln




============
PLAY UPDATES
============

  --------------------
  Bullish Play Updates
  --------------------

Broadcom Corp. - BRCM - close: 42.60 change: +0.12 stop: 41.00

Just when it looked like BRCM was finally ready to break out over
its months-long resistance at $44, the stock got knocked lower by
Thursday's carnage in the Semiconductor sector.  Given the
extreme sector weakness, BRCM actually held up fairly well, but
that drop sealed it's fate for last week.  There was only a slim
chance of the stock regaining the high ground and going for a
breakout on op-ex Friday.  That didn't mean the bulls weren't
going to give it a try, but the early thrust to $43.50 met with
plenty of sellers and the stock gradually gave back its intraday
gains into the close, ending just over the 20-dma ($42.19).  For
next week, the action plan remains the same.  We need to see BRCM
push through our $44 entry trigger before we'll be tempted to
open positions.  Then aggressive entries can be taken on the
initial breakout, while those with a more conservative approach
will look for a subsequent pullback and rebound from the $42-43
area, which should then be viewed as support.  Maintain stops at
$41, just under the early June intraday low.  Note that the 30-
dma ($40.94) should be above our stop by Monday's open.

Picked on June 16th at      $43.79
Change since picked          -1.19
Earnings Date              4/22/04 (confirmed)
Average Daily Volume =    8.06 mln




---

TeleTech Holdings - TTEC - close: 8.29 change: +0.01 stop: 7.85

The slow grind higher continues for TTEC.  Bulls don't have much
to complain about save for the light volume this past week.  TTEC
is up about 3.2% on the week and holding above support/resistance
at the $8.00 mark.  Headlines continue to be scarce.  We're still
bullish and would consider any bounce above $8.00 as a potential
entry point.  Unfortunately, it may take more patience than we
originally planned to get to our target near $9.75-10.00.   No
change in our stop loss at $7.85.

Annotated Chart:



Picked on June 13 at $ 8.03
Gain since picked:   + 0.26
Earnings Date      05/05/04 (confirmed)
Average Daily Volume:   441 thousand




  --------------------
  Bearish Play Updates
  --------------------

Intersil Corp. - ISIL - cls: 19.87 chng: +0.34 stop: 21.00


After the way ISIL spent most of last week dancing on both sides
of the $20 level, it didn't take a rocket scientist to guess that
the stock would probably be pinned close to that level on
expiration Friday.  Sure enough, the early rally attempt inched
up near $20.20, dropped back to just over $19.60 and then closed
just under $20.  Next week should bring a return of natural price
action and with ISIL still clearly mired within its months-long
descending channel, and also below the 20-dma ($20.41) and 50-dma
($20.63), odds clearly favor more downside action.  The only fly
in the ointment is that the daily oscillators are trying to turn
bullish and we may actually see a rebound attempt from the $19.50
area.  That means we're more interested in new entries on a
rollover from resistance near $20.50 than on a breakdown to new
lows for the move.  We're still targeting a drop down to the $18
level, but risk is much easier to manage if we get the correct
entry.  Maintain stops at $21.

Picked on June 2nd at       $20.65
Change since picked          -0.78
Earnings Date              4/21/04 (unconfirmed)
Average Daily Volume =    2.08 mln




---

SanDisk Corp - SNDK - close: 20.37 change: +0.26 stop: 22.00

Tech stocks just finished a rough week and storage stocks and
flash memory stocks like SNDK helped lead the way down.  SNDK is
down 4.5% on the week but did find support at $20.00 as we
suspected it might.  There seems to be some conflicting opinions
on SNDK after its recent appearance at a tech conference.
Fortunately, the downward trend in the stock price is unaltered.
We're still bearish and targeting a move to $18-17 a share.
However, now at $20 support traders looking for new positions
might do well to wait for a new low under $19.80.

Annotated Chart:



Picked on June 13 at $21.33
Gain since picked:   - 0.96
Earnings Date      04/14/04 (confirmed)
Average Daily Volume:   7.4 million




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

=========
NEW PLAYS
=========

  -----------------
  New Bullish Plays
  -----------------

J. C. Penney - JCP - close: 37.85 change: +0.85 stop: 35.75

Company Description:
J. C. Penney Company, Inc. serves as the holding company for J.
C. Penney Corporation, Inc. (JCP).  The company has no direct
subsidiaries other than JCP, and has no independent assets or
operations. JCP is a department store retailer operating in the
United States, Puerto Rico and Brazil.  JCP operates 1,020
JCPenney department stores in 49 states and Puerto Rico, and 58
Renner department stores in Brazil.  The company's business
consists of providing merchandise and services to consumers
through Department stores and Catalogs/Internet stores, with both
generally serving the same customers and having virtually the
same mix of merchandise.  In addition, department stores accept
returns from sales initiated in department stores, catalogs or
via the Internet.  JCP markets family apparel, jewelry, shoes,
accessories and home furnishings.

Why we like it:
The profit taking that got started in earnest in early May drove
shares of JCP almost down to the 100-dma near $31 ahead of the
company's earnings report.  That report clearly restored the
bulls' confidence, as the stock did an abrupt about-face, and
began working steadily higher.  Last week saw the stock ignoring
the malaise that afflicted the broad market, first breaking over
the April highs near $37 and then continuing the party on Friday
with a strong romp and brief foray over $38.  The PnF chart is
still strongly bullish, but there is a concern due to the fact
that its $38.50 bullish price target has already been achieved.
Of course, if the scale of the PnF chart is changed (even
slightly), the upside target moves up substantially, so we'll
file that issue away as a minor concern.  It is Friday's breakout
that seems the most compelling from a bullish standpoint, as it
confirms that the push over the April highs from earlier in the
week was the real deal.

JCP is now at new 4-year highs and we therefore must turn to the
weekly chart for some guidance on resistance levels that are
likely to have an impact on our play.  Currently testing mild
resistance at $38, JCP looks like it will push right through and
take a run at the first level of serious resistance at $41.  But
as long as there are no surprises, JCP really looks like it could
continue up until reaching strong resistance in the $43-44 area.
We already have our breakout, so there's no need for a trigger on
the play.  Aggressive traders can enter on further strength above
Friday's high, but our preferred strategy at this juncture is to
enter on a pullback into the $36.50-37.00 area, supported by the
10-dma ($36.71).  We'll initially target $41, but leave room for
riding the stock higher if some real momentum develops.  Initial
stops should be placed at $35.75, just under the 20-dma ($36.04)
and last Monday's intraday low.

Annotated Chart of JCP:



Picked on June 20th at      $37.85
Change since picked          +0.00
Earnings Date              8/17/04 (unconfirmed)
Average Daily Volume =    3.16 mln



---

Sherwin Williams - SHW - close: 39.96 change: +0.53 stop: 38.65

Company Description:
The Sherwin-Williams Company, founded in 1866, is one of the
world's leading companies engaged in the manufacture,
distribution and sale of coatings and related products to
professional, industrial, commercial and retail customers.
(source: company press release)

Why We Like It:
We're picking SHW as a relative strength play. The stock is up
strongly in the last month and after three weeks of consolidating
its gains SHW just broke out to new all-time highs.  Volume on
Friday's gain was above average and that's impressive given the
terribly low volume the markets are experiencing.  SHW's point-
and-figure chart is bullish with a new buy signal and a $68 price
target.  We're only shooting for a short-term move to the top of
its channel or an intermediate-term (4-6 week) move to $44-45.
Its daily chart shows a nice rising channel.  We're going to try
and keep our risk light with a stop loss a $38.85 but a stop
under $38.00 could work well too.

Annotated Chart:




Picked on June 20 at $39.96
Gain since picked:   + 0.00
Earnings Date      04/29/04 (confirmed)
Average Daily Volume:   777 thousand




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

Hot Topic - HOTT - close: 19.31 change: -0.70 stop: 20.51

Company Description:
Hot Topic, Inc. is a national mall-based specialty retailer of
apparel, accessories and gifts for young men and women
principally between the ages of 12 and 22. Torrid, the company's
second concept, is a mall-based specialty retailer of plus-size
fashion-forward apparel and accessories that targets young women
principally between the ages of 15 and 29. The company currently
operates 542 Hot Topic stores in 49 states and Puerto Rico, 55
Torrid stores and Internet stores www.hottopic.com and
www.torrid.com.  (source: company press release)

Why We Like It:
We're going to try and do a little channel surfing in HOTT.  The
stock has been slipping for the last five months and now HOTT
looks ready to fall from the top of its channel toward the
bottom.  The most recent bounce came in late May after HOTT
reported earnings that were inline with expectations but the
rally failed at its simple 40-dma.  Now shares are back under
round-number support/resistance at $20.00 and Friday's 3.5% drop
puts it within striking distance of a new yearly low.  Its P&F
chart is very bearish with a breakdown through P&F support and a
$6.00 price target.  We're going to target a move to the $17-16
range with an initial stop loss at $20.51.  Conservative traders
can use an alternative strategy on an entry point and wait for
HOTT to trade under its May low of $19.18.

Annotated chart:



Picked on June 20 at $19.31
Gain since picked:   - 0.00
Earnings Date      05/19/04 (confirmed)
Average Daily Volume:   1.3 million




============
PLAY UPDATES
============

  --------------------
  Bullish Play Updates
  --------------------

Starbucks Corp. - SBUX - cls: 43.70 chng: +0.64 stop: 42.50*new*

After Monday's fakeout move to the downside, SBUX recovered its
footing and then closed the week strongly with a surge to new
all-time highs.  Monday's drop and subsequent rebound on Tuesday
proved that there are lots of eager buyers to be found on dips to
support and the $41 level seemed to be a level investors had
their eye on.  Now that the week is behind us, we can see that
the 10-dma ($42.53) acted as solid support, at least on a closing
basis and we should expect that to continue for the duration of
this rally.  Friday's early run over the $44 level came on very
strong volume and even though SBUX pulled back through the
remainder of the session, the stock still closed well into new
high territory.  With our price target of $45 so close, we're not
advocating new entries at this point.  Use a rally up to that
target as an opportunity to harvest those gains and close out a
successful play.  In order to keep our risk to reward balanced
from here to completion of the play, we're aggressively
tightening our stop to $42.50, just under the 10-dma.

Picked on May 26th at       $39.67
Change since picked          +4.03
Earnings Date              7/21/04 (unconfirmed)
Average Daily Volume =    2.81 mln







  --------------------
  Bearish Play Updates
  --------------------

Lennar Corp. - LEN - close: 44.13 change: +0.53 stop: 46.50

After the solid drop in the first part of the week, it really
wasn't any great surprise to see LEN rebound with the rest of the
Housing sector on Thursday and Friday.  But the premise for our
play remains very much intact.  Recall that we've got an entry
trigger at $4, which would be a break of major support, not to
mention, a new PnF Sell signal.  If this rebound continues
without hitting our trigger, then we'll just let it go, with no
damage done.  Look for price to roll over near the $45 resistance
level, and head towards the expected breakdown.  Adding credence
to our bearish bias is the fact that the 50-dma ($45.87) crossed
down through the 200-dma ($45.99) on Friday.  Maintain stops at
$46.50.

Picked on June 16th at      $42.90
Change since picked          +1.23
Earnings Date              6/15/04 (confirmed)
Average Daily Volume =    2.00 mln






============
CLOSED PLAYS
============

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

CEC Entertainment - CEC - cls: 30.95 chg: -0.30 stop: 31.26

CEC's point-and-figure chart may taunt us with its bearish sell
signal but the share price is not moving our direction.  We've
been waiting for two weeks for CEC to breakdown through support
at $30.00 and trigger us.  We're choosing to move on but that
probably means Murphy's law will strike and CEC will crater next
week.  The strategy to short it under $30.00 still works.  Just
because we close the play doesn't mean you have to.

Picked on June X at $xx.xx <-- See TRIGGER
Gain since picked:  - 0.00
Earnings Date     04/14/04 (confirmed)
Average Daily Volume:  338 thousand




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

=========
NEW PLAYS
=========

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

Sohu.com - SOHU - close: 21.14 change: -1.05 stop: 23.25

Company Description:
SOHU.COM is China's premier online brand and indispensable to the
daily life of millions of Chinese who use the portal network for
their news, search, e-mail, wireless messaging, instant
messaging, browsing, games and shopping. SOHU has built one of
the most comprehensive matrixes of web properties in China,
consisting of the mass portal and leading online media
destination www.sohu.com; the #1 online alumni club
www.chinaren.com; #1 games portal www.17173.com and top real
estate website www.focus.cn. This network of web properties
offers the vast SOHU user community the broadest possible choices
regarding information, entertainment, communication and commerce.
SOHU.com, established by Dr. Charles Zhang, one of China's
Internet pioneers, is in its eighth year of operation.
(source: company press release)

Why We Like It:
When all the Chinese Internet stocks sink at once it can grab a
tech stock trader's attention.  Unfortunately, we can't see any
specific catalyst for the drop other than profit taking.  Of
course SOHU has been sinking for the last couple of weeks with a
slow drift lower and a trend of lower highs.  Given the spike in
volume on SOHU's 4.7% drop on Friday and the new MACD sell signal
we suspect the selling is going to pick up speed.

If you do a little digging you'll notice that SOHU dropped
sharply in late April after reporting earnings that were inline
with estimates.  Plus, the company issued an earnings warning for
the next quarter and tried to soften the blow by announcing a
stock buyback program at the same time.  SOHU bottomed near the
$15 level and then rebounded back to the $25 mark as the NASDAQ
and the INX Internet index soared from mid-May to early June.

There's still a lot of money "on the table" from that rally and
the move under $22.00 and its simple 21-dma could be the trigger
we need to go short.  We're going to suggest bearish plays at
current levels but more conservative traders might want to look
for a drop through the round-number, psychological $20.00 mark
before initiating positions. We suspect there may be some support
at $18.00 but right now we're targeting $16.

Please note this is an aggressive play.  SOHU tends to be
volatile.  Watch your stops carefully.  We're going to start the
play with a stop loss at $23.25.

Annotated Chart:




Picked on June 20 at $21.14
Gain since picked:   - 0.00
Earnings Date      04/29/04 (confirmed)
Average Daily Volume:   3.0 million




============
PLAY UPDATES
============

  --------------------
  Bullish Play Updates
  --------------------

Mace Security - MACE - close: 5.53 change: -0.33 stop: 4.90

Just when it looked like MACE was ready for a real breakout on
Wednesday, the stock stalled and then got slammed lower on
Thursday in response to an article that highlighted what we
pointed out in our initial write up -- the fact that while MACE
has been hyped as a security stock, its bread and butter comes
from the more mundane Car Care segment.  That seemed to cool
investors' appetite for the stock, as it quickly dropped back
under the $6 level on Thursday and continued to deteriorate on
Friday.  Despite the fact that the technicals are looking far
less appealing than earlier in the week, MACE is still in its
pattern of higher lows and we're not giving up just yet.
Aggressive traders can target entries on a rebound from the 50-
dma (now at $5.36), but the safer approach is still to wait for a
breakout over $7, which would produce that next PnF Buy signal.
For now, we'll maintain our stop at $4.90, but a close under the
50-dma will likely motivate us to drop the play for non-
performance.

Picked on June 13th at       $6.05
Change since picked          -0.52
Earnings Date                  N/A
Average Daily Volume =    4.92 mln





  --------------------
  Bearish Play Updates
  --------------------

NPS Pharm. - NPSP - close: 20.81 change: +0.44 stop: 22.00*new*

When we initiated coverage on NPSP following the stock's
breakdown below the $21 level, we suggested the possibility for
support to appear near the $20 level.  Sure enough, after
Thursday's brief dip below that level, the buyers showed renewed
interest. With the daily oscillators now turning up, we should be
looking for new entries on a rollover from the $21.00-21.50 area,
which coincides with strong historical resistance (broken
support) as well as the site of the 20-dma ($21.58).  For traders
that would prefer to enter the play on renewed weakness, the key
will be for NPSP to drop through the $19.50 level, taking out
last Thursday's intraday low.  The $17.50-18.00 area still looks
like a viable downside target, once that $20 support is broken on
a closing basis.  We'll tighten our stops this weekend to $22,
which is now solidly above the 30-dma ($21.76).

Picked on June 13th at      $20.68
Change since picked          +0.13
Earnings Date              5/06/04 (confirmed)
Average Daily Volume =    1.08 mln




---

Rambus Inc - RMBS - close: 15.91 chg: -0.02 stop: 17.51 *new*

We're making great progress in our bearish play in RMBS.  The
semiconductor sector really took some lumps this past week.  Now
the SOX semiconductor index looks poised to breakdown below the
450 level.  Should that occur RMBS will most likely follow and
we'll be approaching our initial target at $15.00.  Thus far RMBS
is down more than 10% from our picked price as it extends the
stream of new lows.  RMBS is very oversold and we are not
suggesting new bearish plays at this time.  Should the stock
bounce we'll look for the rally to fail in the $16.60-17.00
range.  We are also going to lower our risk by readjusting our
stop loss to $17.51.

Annotated Chart:



Picked on June 6 at $17.68
Gain since picked:  - 1.77
Earnings Date     04/14/04 (confirmed)
Average Daily Volume:  1.7 million




==================================================================
Stock Splits
==================================================================

Announcements
-------------

None


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Do not duplicate or redistribute in any form.

PremierInvestor.net Newsletter          Weekend Edition 06-20-2004
                                                    section 3 of 3
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 three:

Market Watch for Week of June 21st, 2004
   - Major Earnings
   - Stock Splits
   - Economic Reports

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)


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

==========================================
Market Watch for the week of June 21st
==========================================

-----------------
Earnings Calendar
-----------------

Symbol  Co               Date           Comment      EPS Est

------------------------- MONDAY -------------------------------

WAG    Walgreen              Mon, Jun 21  -----N/A-----       0.32


------------------------- TUESDAY ------------------------------

COMS   3Com Corp             Tue, Jun 22  After the Bell     -0.10
DRI    Darden Restaurants    Tue, Jun 22  After the Bell      0.44
GS     Goldman Sachs         Tue, Jun 22  Before the Bell     1.95
GTK    GTECH Holdings Corp.  Tue, Jun 22  Before the Bell     0.73
SCS    Steelcase Inc.        Tue, Jun 22  Before the Bell    -0.07


------------------------ WEDNESDAY -----------------------------

ARRO   Arrow International   Wed, Jun 23  -----N/A-----       0.36
BBBY   Bed Bath & Beyond Inc.Wed, Jun 23  After the Bell      0.25
COGN   Cognos                Wed, Jun 23  After the Bell      0.20
FDX    FedEx                 Wed, Jun 23  Before the Bell     1.33
MLHR   Herman Miller         Wed, Jun 23  After the Bell      0.17
KMG    Kerr-McGee            Wed, Jun 23  -----N/A-----       1.09
LNR    LNR Property          Wed, Jun 23  -----N/A-----       0.88
MU     Micron Technology     Wed, Jun 23  -----N/A-----       0.07
WOR    Worthington IndustriesWed, Jun 23  Before the Bell     0.76


------------------------- THUSDAY -----------------------------

ATYT   ATI Technologies      Thu, Jun 24  -----N/A-----       0.17
DLM    Del Monte Foods       Thu, Jun 24  Before the Bell     0.33
FDO    Family Dollar         Thu, Jun 24  Before the Bell     0.43
NKE    Nike                  Thu, Jun 24  After the Bell      1.09
RAD    Rite Aid Corporation  Thu, Jun 24  -----N/A-----       0.05
TEK    Tektronix Inc.        Thu, Jun 24  -----N/A-----       0.29


------------------------- FRIDAY -------------------------------

PAYX   Paychex               Fri, Jun 25  Before the Bell     0.21


----------------------------------------------
Upcoming Stock Splits In The Next Two Weeks...
----------------------------------------------

Symbol  Co Name              Ratio    Payable     Executable

PG      Procter & Gamble          2:1      Jun  18th   Jun  21st
CACH    Cache Inc                 3:2      Jun  18th   Jun  21st
WGR     Western Gas Resources, Inc2:1      Jun  18th   Jun  21st
EWBC    East West Bancorp Inc     2:1      Jun  20th   Jun  21st
NOC     Northrop Grumman Corp     2:1      Jun  21st   Jun  22nd
WCN     Waste Connections Inc     3:2      Jun  24th   Jun  25th
FBMT    First National Bancshares 3:2      Jun  30th   Jul   1st
KWK     Quicksilver Resources, Inc2:1      Jun  30th   Jul   1st
AXYS    Axsys Technologies, Inc   3:2      Jun  30th   Jul   1st
TEVA    Teva Pharm Industries Ltd 2:1      Jun  30th   Jul   1st
PTEN    Patterson-UTI Energy Inc  2:1      Jun  30th   Jul   1st
CNT     CenterPoint Prop Trust    2:1      Jun  30th   Jul   1st
LPMA    Lipman Elect Engineering  2:1      Jul   1st   Jul   2nd


--------------------------
Economic Reports This Week
--------------------------

Wall Street continues to focus on the upcoming June 30th decision
on interest rates and the handover in Iraq.  Meanwhile this week's
economic data is all due to be released on Thursday and Friday.
Don't forget that earnings are just around the corner.

==============================================================
                       -For-

----------------
Monday, 06/21/04
----------------
None


-----------------
Tuesday, 06/22/04
-----------------
None


-------------------
Wednesday, 06/23/04
-------------------
None


------------------
Thursday, 06/24/04
------------------
Initial Claims (BB)      06/19  Forecast:    340K  Previous:     336K
Durable Orders (BB)        May  Forecast:    1.6%  Previous:    -3.2%
Help-Wanted Index (DM)     May  Forecast:      40  Previous:       38
New Home Sales (DM)        May  Forecast:   1120K  Previous:    1093K


----------------
Friday, 06/25/04
----------------
GDP-Final (BB)              Q1  Forecast:    4.5%  Previous:     4.4%
Chain Deflator-Final (BB)   Q1  Forecast:    2.6%  Previous:     2.6%
Mich Sentiment-Rev. (DM)   Jun  Forecast:    95.0  Previous:     95.2
Existing Home Sales (DM)   May  Forecast:   6.50M  Previous:    6.64M


Definitions:
DM=  During the Market
BB=  Before the Bell
AB=  After the Bell
NA=  Not Available


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

TOT     Total Sa (ADS)             99.32    +1.64
SC      Shell Transport & Trading  46.05    +0.49
RD      Royal Dutch Petrol         52.82    +0.69
CVX     Chevrontexaco Corp         93.57    +0.79
UBS     UBS Ag Ord. Shares         73.53    +0.03
CCU     Clear Channel Comm Inc     37.30    +0.59


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

LZB     La-Z-Boy Incorporated      18.75    -0.39
FLE     Fleetwood Ent.             14.84    +0.33

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

ACN     Accenture Ltd              27.07    +0.28
CCL     Carnical Corp              45.30    +0.09
MBT     Mobile Telesys OJSC (ADS) 124.50    -1.00
RCL     Royal Caribbean Cruises    43.36    +0.10
POT     Potash Cp Saskatchewan     93.85    +1.80


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

OMC     Omnicom Group Inc          77.45    -0.39
XLNX    Xilinx Inc                 32.37    -0.11
NTRS    Northern Trust Corp        41.31    +0.09
CHIR    Chiron Corp                43.26    +0.05
CECO    Career Education Corp      56.15    -10.88


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

UTR     Unitrin Inc                42.00    +0.00


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