ParkTwain's Parlor

[mrmarket]

The legendary Yahoo Message Board guru will be weighing here on stocks that interest him.

[The Kid]

Will there be couches, a love seat and a really large wide-screen tv?

[Michaelk005]

Greeeaaaat, im a new user here, I like the layout a lot better then yahoo group sites, shall i say POSH,

Happy trading everyone.

[RL]

glad to see you here followed you on yahoo :D

[IIC]

I know you PT...so when do we start???...The market waits for no one :wink:

[ParkTwain]

This document describes how I'm finding candidate stocks and why. This might stimulate some discussion on the board.

Look for my first installment of data to be posted sometime on Sunday 2003-12-07.

//PT



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

CHART HARVESTING(TM) Manifesto

Copyright (c) 2003 by Park Twain. All rights reserved.


----------
Background
----------


Goal
----
* Achieve RAPID CAPITAL ACCUMULATION, via trades of exchange-traded (NYSE, AMEX, NASDAQ) common stocks.
* Achieve strong rate of success in choosing stocks expected to achieve capital appreciation.
* Achieve appreciation results in as short a time as possible, with lowest risk to capital possible.

Account
-------
* IRA (no Fed income tax on short-term capital gains) cash account (no margin, no shorting)
* Low, fixed-cost commission (< $20/transaction) for each buy/sell
* No more than 80% of entire risk capital invested over any calendar 30-day period

Positions
---------
* Trade round-trips span a "near-term" timeframe of 1 to 5 weeks.
* Maximum position of $10,000 per security
* 1 to 5 total simultaneous positions (1 to 3 recommended)
* Close each position on 15% gain (after all commissions). See Trading Mechanics section below.



-----------------
Trading Mechanics
-----------------

After initial buy, place stop loss at 90% of original buy position, per security.

After a position per security reaches a 15% profit (after all commissions):

* If RSI(14) at end of day is over 70, sell the entire position only if RSI measure has broken an inclining RSI measure trend line of multi-week duration.

* If RSI(14) at end of day is not over 70 and if RSI measure is above the inclining trend line of multi-week duration, set a new stop loss at 90% of the 15% profit point, and wait.

* If RSI(14) at end of day is not over 70 and if RSI measure is below the inclining trend line of multi-week duration, sell the entire position in that security.



------------------------------
Identifying candidate vehicles
------------------------------

Daily procedure
---------------

1. Examine charts of stocks making a new 52-week high price:
http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

2. Examine charts of stocks making a new 5-year high price:
http://moneycentral.msn.com/investor/finder/deluxestockscreen.aspx?query=New+5-Year+Highs

3. (For stocks making a new 52-week or 5-year high price)
Look for average daily trading volume (30 days previous) in the stock of 50,000 shares. Liquidity is the friend of the short-term trader.

4. (For stocks making a new 52-week or 5-year high price)
Look for recent (more recent the better) price/volume breakout beyond a previous multi-year high price (with previous high being further in the past the better, and with previous high being an all-time high the best).

5. (For stocks making a new 52-week high price)
Look for best combination of: a) recent (more recent the better) price/volume breakout beyond a near-term (less than 3 years) previous high price, b) next significant overhead resistance is as distant as possible, measured as a percentage of the current price (no overhead resistance is best). Add this information to the comments in the published analysis.

6. After Step 4, for each remaining candidate by ranking, discriminate in favor of candidates with RSI(14) measure of 70 +/- 3 *and* with an inclining multi-week trend line for that measure. Add this information to the comments in the published analysis.

7. After Step 5, for each remaining candidate by ranking, in the Wilder's ADX plot look for a recent (the more recent the better) significant positive "jump" in the +DI line (green line) and where the multi-week trendline for the -DI line (red line) is flat or declining. OR, in the Wilder's ADX plot look for a sustained time interval that shows a separation of the +DI line above the -DI line. Add this information to the comments in the published analysis.

8. After Step 6, for each remaining candidate by ranking, identify the slope of the best inclining (most recent multi-week interval) price trend line (with the steeper the slope the better). Add this information to the comments in the published analysis.

9. Use a rough score (A, B, C, etc.) to rank the attractiveness of a new buy position for each candidate stock. Include this item in the published analysis.


Rationale
---------

* Price/volume breakout above a previous, well-established region of resistance strongly correlates with additional gains in that stock.

* In an overall bull market, a stock that shows a breakout to an all-time high (ATH), or to a price at which there is "distant" overhead resistance (defined as >50% above the breakout pivot price), strongly correlates with strong near-term appreciation, regardless of the stock's underlying fundamental value. Thus, in this scenario the probability is increased that a 15% gain is achievable and in a relatively short timeframe.

* On any day in the markets, any stock making a new 52-week (or other time period) high price might be accomplishing a breakout. Thus, by scanning on lists of new high prices and then examining the charts of those stocks for a new price gain beyond a previous high price, those stocks breaking out can be identified.

* For stocks showing a breakout that also have an RSI(14) measure that is 70 +/- 3 and that show an inclining RSI(14) trend indicate both existing strength (momentum) and also have room to grow even stronger (to an RSI(14) measure well above 70.

* A stock that shows a breakout that also shows in its Wilder's ADX plot a marked separation between the +DI line and -DI line in the recent past, or that show a trend of diverging +DI and -DI lines, strongly correlates with additional price gains in that stock.



-----------------
Using the results
-----------------

After running the daily procedure shown above, publish a listing as follows:



CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-03


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

[Example]
2003-12-05 // CW // B // 83.55 // 83.55 // 0.00 % // 80.00 was prev 5Y (actually >16Y) peak in 2002-Jul.
2003-12-05 // EQT // A // 42.18 // 42.18 // 0.00 % // 41.50 was prev 5Y (actually >15Y) peak in 2003-Oct.


-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

[Example]
2003-12-05 // BAMM // A // 5.60 // 5.60 // 0.00 % // [78% >10.00]
2003-12-05 // BEXP // A // 8.22 // 8.22 // 0.00 % // [82% 15.00]
2003-12-05 // CMLS // C // 20.40 // 20.40 // 0.00 % // Approaching >3Y high of 21.50 in 2002-May. Next resis at ~55.00 in 2000-Jan.
2003-12-05 // CPRT // B // 14.23 // 14.23 // 0.00 % // [75% 25.00]




----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

[Example]
BMET // 2003-12-03 // 36.15 // 35.92 // xx // xx
BRK.A // 2003-12-03 // 84,399.98 // 84,095.00 // xx // xx
BRL // 2003-12-03 // 83.34 // 82.70 // xx // xx
BSX // 2003-12-03 // 36.14 // 35.41 // xx // xx
...


52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

[Example]
ASF // 2003-12-03 // 15.08 // 14.75 // xx // xx
BAMM // 2003-12-05 // 5.60 // 5.60 // xx // xx
BEXP // 2003-12-05 // 8.22 // 8.22 // xx // xx
BW // 2003-12-03 // 13.96 // 14.37 // xx // xx
...



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

KEY

AD = Analysis Day
EOD = End of day
AD Score =

A : Very good candidate (expect 15% gain most quickly) due to recent breakout. Establish new position ASAP.

B : Good candidate (expect 15% gain less quickly) but price is somewhat beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set a news trigger at next resistance price and wait.

D : Price well above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Must use value analysis to determine safety of new long position, which is not the purpose of this exercise.

[ParkTwain]

This posting captures the new highs data for 2003-12-03.

Remember, not all the "new highs" you might find today are in the list below. Only the stocks that meet the selection criteria listed in the "manifesto" make it into consideration, and only those with the best chart setups make it onto today's "A" or "B" lists.

Making either the "A" or "B" list means that I will track its price going forward by end of each week.

Of course, there are other stocks who meet the selection criteria as of before 2003-12-03, but I have to start somewhere.

Happy hunting!

//PT

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

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-03


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-03 // ADVP // D // 58.02 // 58.02 // 0.00 % // 40.00 was prev 5Y (actually >6Y) peak in 2002-Oct.
2003-12-03 // APOL // D // 69.30 // 69.30 // 0.00 % // ~20.00 was prev 5Y (actually >7Y) peak in ~1998-Jul.
2003-12-03 // BMET // B // 36.15 // 36.15 // 0.00 % // Brkout in 2003-Sep beyond 12-mo base, prev 5Y (actually >18Y) high of ~33.00.
2003-12-03 // BRK.A // B // 84,399.98 // 84,399.98 // 0.00 % // 80,000 was prev 5Y (actually >14Y) peak in ~1999-Mar.
2003-12-03 // BRL // B // 83.34 // 83.34 // 0.00 % // 60.00 was prev 5Y (actually >15) high in 2001-Jul to 2001-Oct.
2003-12-03 // BSX // D // 36.14 // 36.14 // 0.00 % // ~23.00 was prev 5Y (actually >10Y) high in ~1999-Jun.
2003-12-03 // CMX // A // 27.58 // 27.58 // 0.00 % // 27.50 was prev 5Y high in 2003-Jun. 8Y high is 35.00 in ~1996-Feb.
2003-12-03 // CTX // D // 111.09 // 111.09 // 0.00 % // 88.00 was prev 5Y (actually >17Y) high in 2003-Jun.
2003-12-03 // DHI // D // 43.90 // 43.90 // 0.00 % // 32.00 was prev 5Y (actually >13Y) high in 2003-Jun.
2003-12-03 // ETN // A // 105.25 // 105.25 // 0.00 % // ~102.00 was prev 5Y high in ~1999-Mar.
2003-12-03 // FO // D // 70.06 // 70.06 // 0.00 % // 56.00 was prev 5Y (actually >20Y) high in 2002-Jun.
2003-12-03 // GCI // D // 88.81 // 88.81 // 0.00 % // 80.00 was prev 5Y (actually >15Y) high in 2000-Jan and 2003-May.
2003-12-03 // HAR // D // 143.81 // 143.81 // 0.00 % // ~60.00 was prev 5Y (actually >14Y) high in 2002-May and 2002-Dec.
2003-12-03 // HMA // A // 26.29 // 26.29 // 0.00 % // ~25.00 was prev 5Y (actually >11Y) high in ~1998-Jul followed by 2-yr base.
2003-12-03 // JCI // D // 110.51 // 110.51 // 0.00 % // 92.00 was prev 5Y (actually >18Y) high in 2002-Apr.
2003-12-03 // KRI // B // 75.33 // 75.33 // 0.00 % // 69.00/70.00 was prev 5Y (actually >17Y) high in 2002-Apr and 2003-Jul.
2003-12-03 // MCHP // A // 35.66 // 35.66 // 0.00 % // 34.00 was prev 5Y (actaully >10Y) high in ~2000-Aug and 2002-May.
2003-12-03 // MI // A // 37.37 // 37.37 // 0.00 % // 35.00 was prev 5Y high in 1999-May.
2003-12-03 // OXY // D // 37.70 // 37.70 // 0.00 % // 31.00 was prev 5Y high in 2001-Jun. 20Y high is 40.00 in late 1987.
2003-12-03 // PHM // D // 95.15 // 95.15 // 0.00 % // 71.00 was prev 5Y (actually >17Y) high in 2003-Jun. Series of ever more closely-spaced "scalloped" highs since late 1994.
2003-12-03 // PX // D // 73.82 // 73.82 // 0.00 % // 60.00 was prev 5Y (actually >10Y) high in 2002-May.
2003-12-03 // SU // D // 22.43 // 22.43 // 0.00 % // 19.00 was prev 5Y (actually >10Y) high in 2003-Jun.
2003-12-03 // SYY // D // 36.40 // 36.40 // 0.00 % // 32.50 was prev 5Y (actually >15Y) high in 2002-Nov (had been 2Y ceiling on price).
2003-12-03 // TLM // D // 52.50 // 52.50 // 0.00 % // ~45.00 was prev 5Y high in 2002-Jun.
2003-12-03 // UTX // A // 87.27 // 87.27 // 0.00 % // 84.00 was prev 5Y (actually >23Y) high in 2001-May.
2003-12-03 // WLP // B // 95.42 // 95.42 // 0.00 % // ~90.00 was prev 5Y (actually >10Y) high in 2002-Oct, 2003-Jun, and 2003-Oct.
2003-12-03 // WPO // B // 800.97 // 800.97 // 0.00 % // ~730.00 was prev 5Y (actually >12Y) high in ceiling from 2002-Oct to 2003-Jul.
2003-12-03 // XTO // B // 26.18 // 26.18 // 0.00 % // 22.50 was prev 5Y (actually >10Y) high in 2003-Jun.


-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-03 // ARW // C // 24.15 // 24.15 // 0.00 % // [33% ~32.00]
2003-12-03 // ASF // A // 15.08 // 15.08 // 0.00 % // [80% ~27.00]
2003-12-03 // BW // A // 13.96 // 13.96 // 0.00 % // [64% ~23.00]
2003-12-03 // DSCO // C // 9.43 // 9.43 // 0.00 % // Near 5Y high of ~11.00.
2003-12-03 // FSII // B // 7.00 // 7.00 // 0.00 % // [71% ~12.00]
2003-12-03 // HRL // C // 27.45 // 27.45 // 0.00 % // Approaching >10Y high of ~27.50 in 2002-Apr
2003-12-03 // MALL // C // 14.96 // 14.96 // 0.00 % // Approaching >8Y high of ~15.50 in 1999-Jan
2003-12-03 // MEDW // D // 16.25 // 16.25 // 0.00 % // Now over prev >8Y high in ~1997-Oct of ~12.00
2003-12-03 // NANO // C // 16.06 // 16.06 // 0.00 % // [25% ~20.00]
2003-12-03 // NTPA // A // 15.85 // 15.85 // 0.00 % // Now at >3Y high [247% ~55.00]
2003-12-03 // NTST // C // 14.60 // 14.60 // 0.00 % // Now at >3Y high [23% ~18.00]
2003-12-03 // OMM // C // 7.80 // 7.80 // 0.00 % // Approaching 3Y high of ~9.00
2003-12-03 // TINY // C // 9.16 // 9.16 // 0.00 % // Approaching 18M high of ~10.00, next resis at >30.00
2003-12-03 // XEL // A // 17.01 // 17.01 // 0.00 % // [76% ~30.00]


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

This posting captures the new highs data for 2003-12-03.

Remember, not all the "new highs" you might find today are in the list below. Only the stocks that meet the selection criteria listed in the "manifesto" make it into consideration, and only those with the best chart setups make it onto today's "A" or "B" lists.

Making either the "A" or "B" list means that I will track its price going forward by end of each week.

Happy hunting!

//PT

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

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-04


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-04 // APA // D // 76.75 // 76.75 // 0.00 % // 62.00 was prev 5Y (actually >10Y) peak in 2001-Jan.
2003-12-04 // ASD // D // 102.00 // 102.00 // 0.00 % // 80.00 was prev 5Y (actually >8Y) peak in ~2002-Jun.
2003-12-04 // BLUD // D // 24.25 // 24.25 // 0.00 % // 20.00 was prev 5Y (actually >16Y) peak in 2003-Oct.
2003-12-04 // CHD // D // 41.49 // 41.49 // 0.00 % // 36.00 was prev 5Y (actually >12Y) peak in 2002-May and 2002-Nov.
2003-12-04 // CMC // B // 26.62 // 26.62 // 0.00 % // 24.00 was prev 5Y (actually >15Y) peak in 2002-Jul.
2003-12-04 // CXP // D // 59.97 // 59.97 // 0.00 % // 45.00 was prev 5Y (actually >9Y) peak in 2002-May.
2003-12-04 // DCI // D // 60.80 // 60.80 // 0.00 % // 45.00 was prev 5Y (actually >15Y) peak in 2002-Apr.
2003-12-04 // EVG // B // 30.11 // 30.11 // 0.00 % // 28.00 was prev 5Y (actually >11Y) peak in 2003-Oct.
2003-12-04 // GISX // D // 30.05 // 30.05 // 0.00 % // 26.00 was prev 5Y peak in 1999-Jan and 2003-Sep.
2003-12-04 // HOV // D // 96.20 // 96.20 // 0.00 % // ~70.00 was prev 5Y (actually >11Y) peak in 2003-Jun.
2003-12-04 // INT // D // 31.45 // 31.45 // 0.00 % // 25.00 was prev 5Y (actually >13Y) peak in 2003-Jul.
2003-12-04 // MOG.A // A // 46.93 // 46.93 // 0.00 % // Prev 5Y (actually >11Y) peak in ~1998-Mar.
2003-12-04 // MTSC // D // 19.65 // 19.65 // 0.00 % // 15.00 was prev 5Y peak in 2001-Aug and 2003-Jul. >14Y peak is ~17.50 in 1997-Dec.
2003-12-04 // OPY // D // 35.10 // 35.10 // 0.00 % // ~29.00 was prev 5Y (actually >10Y) peak in 2001-May, 2002-Jan, and 2003-May.
2003-12-04 // ORI // B // 38.21 // 38.21 // 0.00 % // 35.50 was prev 5Y (actually >13Y) peak in 2003-Jul.
2003-12-04 // PH // A // 57.29 // 57.29 // 0.00 % // ~55.00 was prev 5Y (actually >18Y) peak in ~1998-Jan, ~2000-Jan, and ~2002-Jan.
2003-12-04 // PHLY // D // 52.73 // 52.73 // 0.00 % // 47.00 was prev 5Y (actually >10Y) peak in 2002-Jun.
2003-12-04 // POG // D // 46.81 // 46.81 // 0.00 % // 34.00 was prev 5Y (actually >6Y) peak in 2003-Jun.
2003-12-04 // PRA // A // 31.86 // 31.86 // 0.00 % // 30.00 was prev 5Y (actually >2Y) peak in 2003-Jun. (>5Y of price history.)
2003-12-04 // PVA // B // 47.68 // 47.68 // 0.00 % // ~44.00 was prev 5Y (actually >13Y) peak in 2001-May and 2003-Jul.
2003-12-04 // ROAD // D // 53.05 // 53.05 // 0.00 % // 41.00 was prev 5Y (actually >6Y) peak in 2002-Mar and 2002-Dec.
2003-12-04 // SGMS // D // 16.70 // 16.70 // 0.00 % // 10.00 was prev 5Y (actually >5Y) peak in 2002-Mar and 2002-May.
2003-12-04 // SIE // B // 29.50 // 29.50 // 0.00 % // ~27.00 was prev 5Y (actually >11Y) peak in 2003-Aug.
2003-12-04 // SPH // D // 32.08 // 32.08 // 0.00 % // ~27.50 was prev 5Y (actually >4Y) peak from 2001-Jun to 2002-Dec.
2003-12-04 // SUN // D // 49.66 // 49.66 // 0.00 % // 41.00 was prev 5Y (actually >9Y) peak in 2002-Mar.
2003-12-04 // TII // B // 32.55 // 32.55 // 0.00 % // 30.75 was prev 5Y (actually >14Y) peak in 2002-May.
2003-12-04 // UFPI // D // 30.73 // 30.73 // 0.00 % // 26.50 was prev 5Y (actually >9Y) peak in 2002-May.
2003-12-04 // WFDC // D // 36.50 // 36.50 // 0.00 % // 29.50 was prev 5Y (actually >13Y) peak in 2002-Mar and 2002-Dec.
2003-12-04 // WGR // A // 46.22 // 46.22 // 0.00 % // 44.00 was prev 5Y (actually >10Y) peak in 1993-Nov and 2001-May.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-04 // CMIN // C // 7.81 // 7.81 // 0.00 % // Approaching >3Y high of 8.00. Next resis at ~16.50 in 1999-Jul.
2003-12-04 // CSCO // B // 23.98 // 23.98 // 0.00 % // [83% ~44.00]
2003-12-04 // DITC // B // 18.19 // 18.19 // 0.00 % // [147% ~45.00]
2003-12-04 // ECSI // C // 7.90 // 7.90 // 0.00 % // [14% 9.00]
2003-12-04 // LCAV // A // 19.60 // 19.60 // 0.00 % // ATH, but less than 12 months of price data
2003-12-04 // NSC // C // 22.52 // 22.52 // 0.00 % // Approaching 2Y high of 26.50. >6Y high is ~38.00.
2003-12-04 // PAS // C // 16.25 // 16.25 // 0.00 % // [23% ~20.00]
2003-12-04 // PETD // D // 15.26 // 15.26 // 0.00 % // ATH, broke past prev >13Y high of 10.00 in 2003-Aug.
2003-12-04 // RRC // B // 8.45 // 8.45 // 0.00 % // [89% ~16.00]
2003-12-04 // SSCC // C // 17.40 // 17.40 // 0.00 % // Approaching 3Y high of 18.00 in 2002-May. >8Y high is 25.00.
2003-12-04 // SVM // C // 11.60 // 11.60 // 0.00 % // Approaching 13M high of 12.00. >4Y high is 15.00.
2003-12-04 // XRX // A // 12.49 // 12.49 // 0.00 % // [124% ~28.00]


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

This posting captures the new highs data for 2003-12-05, and includes a cumulative of all stocks on the "A" and "B" lists from all previous daily posts.

Remember, not all the "new highs" you might find today are in the list below. Only the stocks that meet the selection criteria listed in the "manifesto" make it into consideration, and only those with the best chart setups make it onto today's "A" or "B" lists.

Making either the "A" or "B" list means that I will track its price going forward by end of each week.

Happy hunting!

//PT

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


CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING (WITH END-OF-WEEK CUMULATIVE SUMMARY OF "A" and "B" LIST STOCKS)
2003-12-05


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-05 // CRR // B // 48.40 // 48.40 // 0.00 % // ~44.00 was prev 5Y (actually >8Y) peak in 2001-May.
2003-12-05 // CW // B // 83.55 // 83.55 // 0.00 % // 80.00 was prev 5Y (actually >16Y) peak in 2002-Jul.
2003-12-05 // EQT // A // 42.18 // 42.18 // 0.00 % // 41.50 was prev 5Y (actually >15Y) peak in 2003-Oct.
2003-12-05 // FBR // A // 21.90 // 21.90 // 0.00 % // ~21.00 was prev 5Y (actually >5Y) peak in ~1998-Apr.
2003-12-05 // NCEN // A // 40.65 // 40.65 // 0.00 % // ~40.00 was prev 5Y (actually >6Y) peak in ~2003-Oct.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-05 // BAMM // A // 5.60 // 5.60 // 0.00 % // [78% >10.00]
2003-12-05 // BEXP // A // 8.22 // 8.22 // 0.00 % // [82% 15.00]
2003-12-05 // CMLS // C // 20.40 // 20.40 // 0.00 % // Approaching >3Y high of 21.50 in 2002-May. Next resis at ~55.00 in 2000-Jan.
2003-12-05 // CPRT // B // 14.23 // 14.23 // 0.00 % // [75% 25.00]
2003-12-05 // DLM // C // 10.06 // 10.06 // 0.00 % // Approaching >3Y high of 12.00. Next resis at ~14.00 in 1999-Dec.
2003-12-05 // EPL // C // 12.88 // 12.88 // 0.00 % // Approaching ATH of 14.00 in 2000-Dec.
2003-12-05 // ESL // A // 24.85 // 24.85 // 0.00 % // Recent breakout to ATH above 24.00.
2003-12-05 // GMR // A // 15.79 // 15.79 // 0.00 % // Recent breakout to ATH above 13.00/14.00, but less than 3Y of price data.
2003-12-05 // KSU // C // 14.09 // 14.09 // 0.00 % // Approaching >3Y high of 17.50 in 2002-Aug.
2003-12-05 // MDR // B // 10.40 // 10.40 // 0.00 % // [63% ~17.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

BMET // 2003-12-03 // 36.15 // 35.92 // xx // xx
BRK.A // 2003-12-03 // 84,399.98 // 84,095.00 // xx // xx
BRL // 2003-12-03 // 83.34 // 82.70 // xx // xx
CMC // 2003-12-04 // 26.62 // 26.70 // xx // xx
CMX // 2003-12-03 // 27.58 // 26.99 // xx // xx
CRR // 2003-12-05 // 48.24 // 48.24 // xx // xx
CW // 2003-12-05 // 83.07 // 83.07 // xx // xx
EQT // 2003-12-05 // 42.15 // 42.15 // xx // xx
ETN // 2003-12-03 // 105.25 // 106.52 // xx // xx
EVG // 2003-12-04 // 30.09 // 30.81 // xx // xx
FBR // 2003-12-05 // 21.78 // 21.78 // xx // xx
HMA // 2003-12-03 // 26.29 // 26.01 // xx // xx
KRI // 2003-12-03 // 75.33 // 73.95 // xx // xx
MCHP // 2003-12-03 // 35.66 // 32.44 // xx // xx
MI // 2003-12-03 // 37.37 // 37.53 // xx // xx
MOG.A // 2003-12-04 // 46.68 // 46.23 // xx // xx
NCEN // 2003-12-05 // 39.62 // 39.62 // xx // xx
ORI // 2003-12-04 // 37.98 // 38.13 // xx // xx
PH // 2003-12-04 // 57.10 // 57.38 // xx // xx
PRA // 2003-12-04 // 31.86 // 31.74 // xx // xx
PVA // 2003-12-04 // 47.65 // 48.40 // xx // xx
SIE // 2003-12-04 // 29.42 // 28.73 // xx // xx
TII // 2003-12-04 // 32.40 // 32.66 // xx // xx
UTX // 2003-12-03 // 87.27 // 87.73 // xx // xx
WGR // 2003-12-04 // 46.16 // 46.00 // xx // xx
WLP // 2003-12-03 // 95.42 // 93.77 // xx // xx
WPO // 2003-12-03 // 800.97 // 792.40 // xx // xx
XTO // 2003-12-03 // 26.18 // 27.35 // xx // xx


52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // 14.75 // xx // xx
BAMM // 2003-12-05 // 5.60 // 5.60 // xx // xx
BEXP // 2003-12-05 // 8.22 // 8.22 // xx // xx
BW // 2003-12-03 // 13.96 // 14.37 // xx // xx
CPRT // 2003-12-05 // 14.23 // 14.23 // xx // xx
CSCO // 2003-12-04 // 23.98 // 23.75 // xx // xx
DITC // 2003-12-04 // 18.19 // 16.93 // xx // xx
ESL // 2003-12-05 // 24.85 // 24.85 // xx // xx
FSII // 2003-12-03 // 7.00 // 6.88 // xx // xx
GMR // 2003-12-05 // 15.79 // 15.79 // xx // xx
LCAV // 2003-12-04 // 19.60 // 18.41 // xx // xx
MDR // 2003-12-05 // 10.40 // 10.40 // xx // xx
NTPA // 2003-12-03 // 15.85 // 14.75 // xx // xx
RRC // 2003-12-04 // 8.45 // 8.46 // xx // xx
XEL // 2003-12-03 // 17.01 // 16.90 // xx // xx
XRX // 2003-12-04 // 12.49 // 12.13 // xx // xx



-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-08


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-08 // AMB // B // 32.32 // 32.32 // 0.00 % // 30.25 was prev 5Y (actually >6Y) peak in 2002-Jul.
2003-12-08 // APU // A // 27.21 // 27.21 // 0.00 % // 27.30 was prev 5Y (actually >8Y) peak in 2003-Dec.
2003-12-08 // CFC // D // 108.30 // 108.30 // 0.00 % // 80.00 was prev 5Y (actually >15Y) peak in 2003-Jun.
2003-12-08 // IEX // A // 41.40 // 41.40 // 0.00 % // 40.00 was prev 5Y (actually >14Y) peak in 2003-Aug.
2003-12-08 // IGEN // D // 60.70 // 60.70 // 0.00 % // ~45.00 was prev 5Y (actually >10Y) peak in 2003-Jan.
2003-12-08 // KMP // D // 45.00 // 45.00 // 0.00 % // 36.00 was prev 5Y (actually >11Y) peak in 2002-Jan.
2003-12-08 // MMM // D // 81.95 // 81.95 // 0.00 % // Steady uptrend, last brkout was over 68.00, declining 60EMA daily volume since 2002-Nov.
2003-12-08 // PXD // A // 30.16 // 30.16 // 0.00 % // 28.50 was prev 5Y (actually >5Y) peak in 2002-Jun.
2003-12-08 // RSE // D // 46.28 // 46.28 // 0.00 % // 33.00 was prev 5Y (actually >13Y) peak in 2002-Jun.
2003-12-08 // SYK // D // 83.15 // 83.15 // 0.00 % // Steady uptrend, last brkout was over 62.00, declining 60EMA daily volume since 2003-May.
2003-12-08 // TPP // B // 32.32 // 32.32 // 0.00 % // 38.00 was prev 5Y (actually >12Y) peak in 2003-Jul.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-08 // EIX // B // 21.37 // 21.37 // 0.00 % // [40% 30.00]
2003-12-08 // EPEX // C // 8.21 // 8.21 // 0.00 % // Approaching resis at ~9.75, next resis ~14.50.
2003-12-08 // GLAD // D // 22.84 // 22.84 // 0.00 % // Less than 2YRs of price data.
2003-12-08 // GMT // C // 25.95 // 25.95 // 0.00 % // Approaching resis at ~31.00, >4Y high at 50.00 on 2001-Jan.
2003-12-08 // HRT // D // 20.75 // 20.75 // 0.00 % // >11Y high
2003-12-08 // KCS // C // 9.49 // 9.49 // 0.00 % // Approaching resis at 10.20, next resis ~30.00.
2003-12-08 // NCS // C // 24.70 // 24.70 // 0.00 % // Approaching resis at 25.50, next resis ~31.00.
2003-12-08 // OIS // C // 13.94 // 13.94 // 0.00 % // Approaching resis at 15.00 (ATH). Less than 3YRs of price data.
2003-12-08 // QLTI // C // 19.55 // 19.55 // 0.00 % // Approaching resis at ~25.00, next resis ~80.00.
2003-12-08 // RENT // C // 8.59 // 8.59 // 0.00 % // Approaching resis at 10.00 (ATH).
2003-12-08 // REVU // C // 8.25 // 8.25 // 0.00 % // Approaching resis at 10.00 (ATH). Less than 3YRs of price data.
2003-12-08 // RST // C // 14.47 // 14.47 // 0.00 % // Approaching resis at 16.50, next resis ~22.00.
2003-12-08 // SFY // A // 15.14 // 15.14 // 0.00 % // [177% 42.00]
2003-12-08 // TMR // A // 5.41 // 5.41 // 0.00 % // [48% ~8.00] Next resis at ~18.00.
2003-12-08 // TRR // A // 21.30 // 21.30 // 0.00 % // [70% 28.00] Next resis at >12Y high at ~37.00
2003-12-08 // UCO // A // 25.16 // 25.16 // 0.00 % // [62% 40.00] Volatile stock.




----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

AMB // 2003-12-08 // 32.32 // 32.32 // 0.00% // xx
APU // 2003-12-08 // 27.21 // 27.21 // 0.00% // xx
BMET // 2003-12-03 // 36.15 // 37.05 // 2.49% // xx
BRK.A // 2003-12-03 // 84,399.98 // 83,900.00 // (0.59%) // xx
BRL // 2003-12-03 // 83.34 // 83.78 // 0.53% // xx
CMC // 2003-12-04 // 26.62 // 27.50 // 3.31% // xx
CMX // 2003-12-03 // 27.58 // 27.17 // (1.49%) // xx
CRR // 2003-12-05 // 48.24 // 48.02 // (0.46%) // xx
CW // 2003-12-05 // 83.07 // 84.25 // 1.42% // xx
EQT // 2003-12-05 // 42.15 // 42.85 // 1.66% // xx
ETN // 2003-12-03 // 105.25 // 106.14 // 0.85% // xx
EVG // 2003-12-04 // 30.09 // 31.03 // 3.12% // xx
FBR // 2003-12-05 // 21.78 // 21.78 // (0.14%) // xx
HMA // 2003-12-03 // 26.29 // 23.12 // (12.06%) // xx
IEX // 2003-12-08 // 41.40 // 41.40 // 0.00% // xx
KRI // 2003-12-03 // 75.33 // 73.80 // (2.03%) // xx
MCHP // 2003-12-03 // 35.66 // 32.21 // (9.70%) // xx
MI // 2003-12-03 // 37.37 // 37.60 // (0.62%) // xx
MOG.A // 2003-12-04 // 46.68 // 47.10 // 0.90% // xx
NCEN // 2003-12-05 // 39.62 // 40.49 // 2.15% // xx
ORI // 2003-12-04 // 37.98 // 38.53 // 1.45% // xx
PH // 2003-12-04 // 57.10 // 57.43 // 0.58% // xx
PRA // 2003-12-04 // 31.86 // 32.97 // 3.48% // xx
PVA // 2003-12-04 // 47.65 // 53.23 // 11.71% // xx
PXD // 2003-12-08 // 30.16 // 30.16 // 0.00 % // xx
SIE // 2003-12-04 // 29.42 // 28.33 // (3.70%) // xx
TII // 2003-12-04 // 32.40 // 33.20 // 2.47% // xx
UTX // 2003-12-03 // 87.27 // 88.55 // 1.47% // xx
WGR // 2003-12-04 // 46.16 // 46.43 // 0.58% // xx
WLP // 2003-12-03 // 95.42 // 93.68 // (1.61%) // xx
WPO // 2003-12-03 // 800.97 // 796.28 // (0.59%) // xx
XTO // 2003-12-03 // 26.18 // 27.68 // 5.73% // xx


52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // 15.42 // 2.25% // xx
BAMM // 2003-12-05 // 5.60 // 6.59 // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // 8.06 // (1.95%) // xx
BW // 2003-12-03 // 13.96 // 14.55 // 4.23% // xx
CPRT // 2003-12-05 // 14.23 // 14.30 // (1.41%) // xx
CSCO // 2003-12-04 // 23.98 // 24.29 // 1.58% // xx
DITC // 2003-12-04 // 18.19 // 18.42 // 1.26% // xx
EIX // 2003-12-08 // 21.37 // 21.37 // 0.00 % // xx
ESL // 2003-12-05 // 24.85 // 24.91 // 0.24% // xx
FSII // 2003-12-03 // 7.00 // 7.05 // 0.71% // xx
GMR // 2003-12-05 // 15.79 // 16.11 // 2.03% // xx
LCAV // 2003-12-04 // 19.60 // 18.34 // (6.43%) // xx
NTPA // 2003-12-03 // 15.85 // 14.99 // (5.99%) // xx
RRC // 2003-12-04 // 8.45 // 8.81 // 4.26% // xx
SFY // 2003-12-08 // 15.14 // 15.14 // 0.00 % // xx
TMR // 2003-12-08 // 5.41 // 5.41 // 0.00 % // xx
TRR // 2003-12-08 // 21.30 // 21.30 // 0.00 % // xx
UCO // 2003-12-08 // 25.16 // 25.16 // 0.00 % // xx
XEL // 2003-12-03 // 17.01 // 17.12 // 0.65% // xx
XRX // 2003-12-04 // 12.49 // 12.05 // (3.52%) // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-09


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments


2003-12-09 // EASI // D // 60.56 // 60.56 // 0.00 % // Steady uptrend, last brkout was over 28.00 in 2003-Jul.
2003-12-09 // ITW // A // 82.71 // 82.71 // 0.00 % // ~80.00 was prev 5Y (actually >14Y) peak in ~1999-Nov.
2003-12-09 // PII // A // 88.85 // 88.85 // 0.00 % // 88.12 was prev 5Y (actually >11Y) peak in 2003-Dec.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]


2003-12-09 // ADM // C // 14.87 // 14.87 // 0.00 % // Approaching resis at ~15.50, next resis ~18.00.
2003-12-09 // CLEC // C // 6.73 // 6.73 // 0.00 % // Approaching resis at ~9.50 (>3Y high).
2003-12-09 // CYPB // D // 14.91 // 14.91 // 0.00 % // Prev brkout at 10.00 in 2003-Oct.
2003-12-09 // HDL // C // 18.94 // 18.94 // 0.00 % // Approaching resis at ~19.50 (>14Y high).
2003-12-09 // IRI // C // 5.15 // 5.15 // 0.00 % // Approaching resis at ~5.15 (>6Y high).
2003-12-09 // LNDC // B // 6.47 // 6.47 // 0.00 % // [31% 8.50]
2003-12-09 // MDCI // B // 18.02 // 18.02 // 0.00 % // [27% ~23.00]
2003-12-09 // MTEX // D // 13.42 // 13.42 // 0.00 % // Prev brkout at 8.00 in 2003-Nov.
2003-12-09 // MTXX // D // 17.32 // 17.32 // 0.00 % // Prev brkout at 10.00 in 2003-Sep.
2003-12-09 // NOBL // A // 20.25 // 20.25 // 0.00 % // >6Y high.
2003-12-09 // OLG // C // 25.49 // 25.49 // 0.00 % // Approaching resis at ~26.50 (>8Y high).
2003-12-09 // PKG // A // 21.46 // 21.46 // 0.00 % // >3Y high. Less than 4YRs of price data.
2003-12-09 // PTIX // C // 14.45 // 14.45 // 0.00 % // Approaching resis at ~17.50, next resis ~37.00.
2003-12-09 // QDEL // C // 9.51 // 9.51 // 0.00 % // Approaching resis at ~11.00 (>5Y high).
2003-12-09 // RFMI // B // 9.82 // 9.82 // 0.00 % // [31% ~15.00]
2003-12-09 // SGU // C // 24.01 // 24.01 // 0.00 % // Approaching resis at ~24.50 (>8Y high).
2003-12-09 // TSO // D // 13.80 // 13.80 // 0.00 % // Prev brkout at 7.75 in 2003-Aug.



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

AMB // 2003-12-08 // 32.32 // 32.13 // (0.59%) // xx
APU // 2003-12-08 // 27.21 // 27.26 // 0.18% // xx
BMET // 2003-12-03 // 36.15 // 37.05 // 2.49% // xx
BRK.A // 2003-12-03 // 84,399.98 // 83,900.00 // (0.59%) // xx
BRL // 2003-12-03 // 83.34 // 83.78 // 0.53% // xx
CMC // 2003-12-04 // 26.62 // 27.50 // 3.31% // xx
CMX // 2003-12-03 // 27.58 // 26.41 // (4.24%) // xx
CRR // 2003-12-05 // 48.24 // 48.02 // (0.46%) // xx
CW // 2003-12-05 // 83.07 // 84.25 // 1.42% // xx
EASI // 2003-12-09 // 60.56 // 60.56 // 0.00 % // xx
EQT // 2003-12-05 // 42.15 // 42.67 // 1.23% // xx
ETN // 2003-12-03 // 105.25 // 106.10 // 0.81% // xx
EVG // 2003-12-04 // 30.09 // 31.03 // 3.12% // xx
FBR // 2003-12-05 // 21.78 // 20.70 // (4.96%) // xx
HMA // 2003-12-03 // 26.29 // 23.40 // (10.99%) // xx
IEX // 2003-12-08 // 41.40 // 41.65 // 0.60% // xx
ITW // 2003-12-09 // 82.71 // 82.71 // 0.00 % // xx
KRI // 2003-12-03 // 75.33 // 73.80 // (2.03%) // xx
MCHP // 2003-12-03 // 35.66 // 30.81 // (13.60%) // xx
MI // 2003-12-03 // 37.37 // 37.40 // 0.08% // xx
MOG.A // 2003-12-04 // 46.68 // 47.25 // 1.22% // xx
NCEN // 2003-12-05 // 39.62 // 39.93 // 0.78% // xx
ORI // 2003-12-04 // 37.98 // 38.53 // 1.45% // xx
PH // 2003-12-04 // 57.10 // 57.72 // 1.09% // xx
PII // 2003-12-09 // 88.85 // 88.85 // 0.00 % // xx
PRA // 2003-12-04 // 31.86 // 31.60 // (0.82%)% // xx
PVA // 2003-12-04 // 47.65 // 53.23 // 11.71% // xx
PXD // 2003-12-08 // 30.16 // 29.72 // (1.46%) // xx
SIE // 2003-12-04 // 29.42 // 28.33 // (3.70%) // xx
TII // 2003-12-04 // 32.40 // 33.20 // 2.47% // xx
UTX // 2003-12-03 // 87.27 // 88.49 // 1.40% // xx
WGR // 2003-12-04 // 46.16 // 46.29 // 0.28% // xx
WLP // 2003-12-03 // 95.42 // 93.68 // (1.61%) // xx
WPO // 2003-12-03 // 800.97 // 796.28 // (0.59%) // xx
XTO // 2003-12-03 // 26.18 // 27.68 // 5.73% // xx



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // 14.77 // (2.06%) // xx
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // 7.80 // (5.11%) // xx
BW // 2003-12-03 // 13.96 // 14.08 // 0.86% // xx
CPRT // 2003-12-05 // 14.23 // 14.30 // (1.41%) // xx
CSCO // 2003-12-04 // 23.98 // 24.29 // 1.58% // xx
DITC // 2003-12-04 // 18.19 // 18.42 // 1.26% // xx
EIX // 2003-12-08 // 21.37 // 20.90 // (2.20%) // xx
ESL // 2003-12-05 // 24.85 // 24.70 // (0.60%) // xx
FSII // 2003-12-03 // 7.00 // 7.05 // 0.71% // xx
GMR // 2003-12-05 // 15.79 // 16.20 // 2.60% // xx
LCAV // 2003-12-04 // 19.60 // 18.29 // (6.68%) // xx
LNDC // 2003-12-09 // 6.47 // 6.47 // 0.00 % // xx
MDCI // 2003-12-09 // 18.02 // 18.02 // 0.00 % // xx
NOBL // 2003-12-09 // 20.25 // 20.25 // 0.00 % // xx
NTPA // 2003-12-03 // 15.85 // 13.85 // (12.62%) // xx
PKG // 2003-12-09 // 21.46 // 21.46 // 0.00 % // xx
RFMI // 2003-12-09 // 9.82 // 9.82 // 0.00 % // xx
RRC // 2003-12-04 // 8.45 // 8.81 // 4.26% // xx
SFY // 2003-12-08 // 15.14 // 15.26 // 0.79 % // xx
TMR // 2003-12-08 // 5.41 // 5.41 // 0.00 % // xx
TRR // 2003-12-08 // 21.30 // 21.75 // 2.11 % // xx
UCO // 2003-12-08 // 25.16 // 25.16 // 0.00 % // xx
XEL // 2003-12-03 // 17.01 // 17.25 // 1.41% // xx
XRX // 2003-12-04 // 12.49 // 11.79 // (5.60%) // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

http://home.golden.net/~pjponzo/increased-return.htm

This whole web site has fun stuff about using math to analyze investing:
http://home.golden.net/~pjponzo/gummy_stuff.htm

[siliconhippy]

ParkTwain,

Sure buying N% cheaper would be a no brainer, but the real issue is having to wait for the price to drop on a stock whose price you expect to go up: the wait could be forever !

The site itself is fascinating. Will check it out.

PS Since your posyed model is pretty interesting, may I ask: Are there other "good" stock slection models you know I can check? I would like to collect a few and do some comps. Promise to share results when they become available.

:twisted:

siliconhippy@hotmail.com

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-10


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-10 // ALEX // B // 32.36 // 32.36 // 0.00 % // 28.50 was prev 5Y (actually >19Y) peak in 2002-May.
2003-12-10 // ASVI // D // 31.87 // 31.87 // 0.00 % // ~27.00 was prev 5Y (actually >9Y) peak in ~1998-Aug.
2003-12-10 // IPAR // D // 21.90 // 21.90 // 0.00 % // ~12.00 was prev 5Y (actually >12Y) peak in 2003-Aug.
2003-12-10 // JBSS // D // 46.30 // 46.30 // 0.00 % // ~20.00 was prev 5Y (actually >12Y) peak in 2003-May.
2003-12-10 // LIFE // D // 38.30 // 38.30 // 0.00 % // 30.00 was prev 5Y (actually >13Y) peak in 2002-Apr.
2003-12-10 // MIDD // D // 36.23 // 36.23 // 0.00 % // ~13.00 was prev 5Y (actually >11Y) peak in ~1996-Nov.
2003-12-10 // MLP // D // 33.26 // 33.26 // 0.00 % // ~27.00 was prev 5Y (actually >6Y) peak in 2003-Oct.
2003-12-10 // RAVN // D // 28.88 // 28.88 // 0.00 % // ~8.00 was prev 5Y (actually >12Y) peak in ~1997-Oct.
2003-12-10 // SWN // B // 21.33 // 21.33 // 0.00 % // 18.50 was prev 5Y (actually >16Y) peak in ~1993-Dec.
2003-12-10 // WGO // D // 60.54 // 60.54 // 0.00 % // 50.00 was prev 5Y (actually >18Y) peak in 2002-Dec.


-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-10 // KFY // A // 11.22 // 11.22 // 0.00 % // [114% ~24.00]
2003-12-10 // LYO // C // 16.00 // 16.00 // 0.00 % // Approaching resis at ~18.00, next resis ~20.00.
2003-12-10 // TTN // C // 21.65 // 21.65 // 0.00 % // Approaching resis at ~23.00, next resis ~28.00.
2003-12-10 // TYC // B // 24.32 // 24.32 // 0.00 % // [44% ~35.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ALEX // 2003-12-10 // 32.36 // 32.36 // 0.00% // xx
AMB // 2003-12-08 // 32.32 // 32.00 // -- // xx
APU // 2003-12-08 // 27.21 // 27.28 // -- // xx
BMET // 2003-12-03 // 36.15 // 35.91 // -- // xx
BRK.A // 2003-12-03 // 84,399.98 // 83,700.00 // -- // xx
BRL // 2003-12-03 // 83.34 // 76.00 // -- // xx
CMC // 2003-12-04 // 26.62 // 27.15 // -- // xx
CMX // 2003-12-03 // 27.58 // 26.72 // -- // xx
CRR // 2003-12-05 // 48.24 // 47.90 // -- // xx
CW // 2003-12-05 // 83.07 // 84.04 // -- // xx
EASI // 2003-12-09 // 60.56 // 59.47 // -- // xx
EQT // 2003-12-05 // 42.15 // 43.00 // -- // xx
ETN // 2003-12-03 // 105.25 // 105.09 // -- // xx
EVG // 2003-12-04 // 30.09 // 30.73 // -- // xx
FBR // 2003-12-05 // 21.78 // 20.05 // -- // xx
HMA // 2003-12-03 // 26.29 // 23.55 // -- // xx
IEX // 2003-12-08 // 41.40 // 40.80 // -- // xx
ITW // 2003-12-09 // 82.71 // 81.75 // -- // xx
KRI // 2003-12-03 // 75.33 // 72.61 // -- // xx
MCHP // 2003-12-03 // 35.66 // 31.73 // -- // xx
MI // 2003-12-03 // 37.37 // 37.55 // -- // xx
MOG.A // 2003-12-04 // 46.68 // 48.86 // -- // xx
NCEN // 2003-12-05 // 39.62 // 38.24 // -- // xx
ORI // 2003-12-04 // 37.98 // 38.60 // -- // xx
PH // 2003-12-04 // 57.10 // 56.55 // -- // xx
PII // 2003-12-09 // 88.85 // 89.18 // -- // xx
PRA // 2003-12-04 // 31.86 // 31.32 // -- // xx
PVA // 2003-12-04 // 47.65 // 53.30 // -- // xx
PXD // 2003-12-08 // 30.16 // 29.18 // -- // xx
SIE // 2003-12-04 // 29.42 // 26.67 // -- // xx
SWN // 2003-12-10 // 21.33 // 21.33 // 0.00 % // xx
TII // 2003-12-04 // 32.40 // 34.11 // -- // xx
TPP // 2003-12-08 // 40.10 // 39.75 // -- // xx
UTX // 2003-12-03 // 87.27 // 88.27 // -- // xx
WGR // 2003-12-04 // 46.16 // 46.01 // -- // xx
WLP // 2003-12-03 // 95.42 // 93.50 // -- // xx
WPO // 2003-12-03 // 800.97 // 790.55 // -- // xx
XTO // 2003-12-03 // 26.18 // 26.90 // -- // xx



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // 15.22 // -- // xx
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // 7.70 // -- // xx
BW // 2003-12-03 // 13.96 // 13.86 // -- // xx
CPRT // 2003-12-05 // 14.23 // 14.86 // -- // xx
CSCO // 2003-12-04 // 23.98 // 23.78 // -- // xx
DITC // 2003-12-04 // 18.19 // 16.54 // -- // xx
EIX // 2003-12-08 // 21.37 // 21.07 // -- // xx
ESL // 2003-12-05 // 24.85 // 25.25 // -- // xx
FSII // 2003-12-03 // 7.00 // 6.69 // -- // xx
GMR // 2003-12-05 // 15.79 // 15.93 // -- // xx
KFY // 2003-12-10 // 11.22 // 11.22 // 0.00 % // xx
LCAV // 2003-12-04 // 19.60 // 18.40 // -- // xx
LNDC // 2003-12-09 // 6.47 // 6.47 // -- // xx
MDCI // 2003-12-09 // 18.02 // 17.78 // -- // xx
NOBL // 2003-12-09 // 20.25 // 20.40 // -- // xx
NTPA // 2003-12-03 // 15.85 // 13.84 // -- // xx
PKG // 2003-12-09 // 21.46 // 21.45 // -- // xx
RFMI // 2003-12-09 // 9.82 // 9.44 // -- // xx
RRC // 2003-12-04 // 8.45 // 8.70 // -- // xx
SFY // 2003-12-08 // 15.14 // 15.69 // -- // xx
TMR // 2003-12-08 // 5.41 // 5.58 // -- // xx
TRR // 2003-12-08 // 21.30 // 21.06 // -- // xx
TYC // 2003-12-10 // 24.32 // 24.32 // 0.00 % // xx
UCO // 2003-12-08 // 25.16 // 25.15 // -- // xx
XEL // 2003-12-03 // 17.01 // 17.18 // -- // xx
XRX // 2003-12-04 // 12.49 // 11.53 // -- // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-11


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-11 // BWA // D // 81.92 // 81.92 // 0.00 % // 69.00 was prev 5Y (actually >10Y) peak in 2002-May.
2003-12-11 // CHC // D // 20.69 // 20.60 // 0.00 % // 19.00 was prev 5Y (actually >6Y) peak in 2003-Jul.
2003-12-11 // CRK // A // 18.63 // 18.63 // 0.00 % // ~17.00 was prev 5Y (actually >14Y) peak in ~1997-Oct.
2003-12-11 // FAST // D // 49.98 // 49.98 // 0.00 % // 43.00 was prev 5Y (actually >13Y) peak in 2002-Mar.
2003-12-11 // GLYT // D // 55.93 // 55.93 // 0.00 % // 45.00 was prev 5Y (actually >13Y) peak in 2002-Jun.
2003-12-11 // LSTR // D // 38.79 // 38.79 // 0.00 % // 33.00 was prev 5Y (actually >11Y) peak in 2003-Jun.
2003-12-11 // MBG // B // 44.61 // 44.61 // 0.00 % // 42.00 was prev 5Y (actually >10Y) peak in 2003-Sep.
2003-12-11 // MTX // B // 58.45 // 58.45 // 0.00 % // 54.00 was prev 5Y (actually >11Y) peak in 2002-Mar.
2003-12-11 // NDSN // A // 34.35 // 34.35 // 0.00 % // 33.00 was prev 5Y (actually >13Y) peak in 2002-Apr.
2003-12-11 // SCSC // D // 44.88 // 44.88 // 0.00 % // 38.00 was prev 5Y (actually >10Y) peak in 2002-Nov.
2003-12-11 // SSD // A // 51.38 // 51.38 // 0.00 % // 49.00 was prev 5Y (actually >9Y) peak in 2003-Aug.
2003-12-11 // TMK // B // 44.89 // 44.89 // 0.00 % // 43.00 was prev 5Y (actually >15Y) peak in 2001-Aug.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-11 // CTB // C // 21.25 // 21.25 // 0.00 % // Approaching resis at ~22.00, next resis ~25.50 (>5Y high).
2003-12-11 // MAPX // B // 13.00 // 13.00 // 0.00 % // [53% ~20.00]
2003-12-11 // MTN // C // 17.00 // 17.00 // 0.00 % // Approaching resis at 18.50, next resis ~22.50 (>2Y high).
2003-12-11 // SORC // B // 10.52 // 10.52 // 0.00 % // [42% ~15.00]
2003-12-11 // USU // C // 8.43 // 8.43 // 0.00 % // Approaching resis at ~10.00, next resis ~15.00 (>5Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ALEX // 2003-12-10 // 32.36 // 33.32 // 2.97% // xx
AMB // 2003-12-08 // 32.32 // 32.30 // (0.06%) // xx
APU // 2003-12-08 // 27.21 // 27.40 // 0.70% // xx
BMET // 2003-12-03 // 36.15 // 37.11 // 2.79% // xx
BRK.A // 2003-12-03 // 84,399.98 // 83,900.00 // (0.59%) // xx
BRL // 2003-12-03 // 83.34 // 74.47 // (10.84%) // xx
CMC // 2003-12-04 // 26.62 // 27.33 // 2.67% // xx
CMX // 2003-12-03 // 27.58 // 27.37 // (0.83%) // xx
CRK // 2003-12-11 // 18.63 // 18.63 // 0.00% // xx
CRR // 2003-12-05 // 48.24 // 48.14 // (0.21%) // xx
CW // 2003-12-05 // 83.07 // 87.25 // 5.03% // xx
EQT // 2003-12-05 // 42.15 // 43.06 // 2.16% // xx
ETN // 2003-12-03 // 105.25 // 107.88 // 2.50% // xx
EVG // 2003-12-04 // 30.09 // 31.03 // 3.12% // xx
FBR // 2003-12-05 // 21.78 // 20.70 // (4.96%) // xx
HMA // 2003-12-03 // 26.29 // 23.76 // (9.62%) // xx
IEX // 2003-12-08 // 41.40 // 41.64 // 0.58% // xx
ITW // 2003-12-09 // 82.71 // 81.71 // (1.21%) // xx
KRI // 2003-12-03 // 75.33 // 73.45 // (2.50%) // xx
MBG // 2003-12-11 // 44.61 // 44.61 // 0.00% // xx
MCHP // 2003-12-03 // 35.66 // 32.06 // (10.10%) // xx
MI // 2003-12-03 // 37.37 // 37.80 // 1.15% // xx
MOG.A // 2003-12-04 // 46.68 // 48.76 // 4.46% // xx
MTX // 2003-12-11 // 58.45 // 58.45 // 0.00% // xx
NCEN // 2003-12-05 // 39.62 // 39.29 // (0.83%) // xx
NDSN // 2003-12-11 // 34.35 // 34.35 // 0.00% // xx
ORI // 2003-12-04 // 37.98 // 38.08 // 0.26% // xx
PH // 2003-12-04 // 57.10 // 58.02 // 1.61% // xx
PII // 2003-12-09 // 88.85 // 90.79 // 2.18% // xx
PRA // 2003-12-04 // 31.86 // 31.72 // (0.44%) // xx
PVA // 2003-12-04 // 47.65 // 54.06 // 13.45% // xx
PXD // 2003-12-08 // 30.16 // 29.84 // (1.06%) // xx
SIE // 2003-12-04 // 29.42 // 27.45 // (6.70%) // xx
SSD // 2003-12-11 // 51.38 // 51.38 // 0.00% // xx
SWN // 2003-12-10 // 21.33 // 21.49 // 0.75% // xx
TII // 2003-12-04 // 32.40 // 34.25 // 5.71% // xx
TMK // 2003-12-11 // 44.89 // 44.89 // 0.00% // xx
TPP // 2003-12-08 // 40.10 // 40.10 // 0.00% // xx
UTX // 2003-12-03 // 87.27 // 89.27 // 2.33% // xx
WGR // 2003-12-04 // 46.16 // 45.91 // (0.54%) // xx
WLP // 2003-12-03 // 95.42 // 95.08 // (0.34%) // xx
WPO // 2003-12-03 // 800.97 // 796.35 // (0.58%) // xx
XTO // 2003-12-03 // 26.18 // 27.23 // 4.01% // xx



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // 15.31 // 1.53% // xx
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // 7.63 // (7.18%) // xx
BW // 2003-12-03 // 13.96 // 14.25 // 2.08% // xx
CPRT // 2003-12-05 // 14.23 // 15.48 // 8.78% // xx
CSCO // 2003-12-04 // 23.98 // 23.93 // (0.50%) // xx
DITC // 2003-12-04 // 18.19 // 17.90 // (1.59%) // xx
EIX // 2003-12-08 // 21.37 // 21.25 // (0.56%) // xx
ESL // 2003-12-05 // 24.85 // 25.66 // 3.26% // xx
FSII // 2003-12-03 // 7.00 // 6.99 // (0.14%) // xx
GMR // 2003-12-05 // 15.79 // 15.95 // 1.01% // xx
KFY // 2003-12-10 // 11.22 // 11.78 // 4.99% // xx
LCAV // 2003-12-04 // 19.60 // 18.10 // (7.81%) // xx
LNDC // 2003-12-09 // 6.47 // 6.51 // 0.62% // xx
MAPX // 2003-12-11 // 13.00 // 13.00 // 0.00% // xx
MDCI // 2003-12-09 // 18.02 // 17.68 // (1.89%) // xx
NOBL // 2003-12-09 // 20.25 // 20.53 // 1.18% // xx
NTPA // 2003-12-03 // 15.85 // 13.95 // (11.67%) // xx
PKG // 2003-12-09 // 21.46 // 21.25 // (0.98%) // xx
RFMI // 2003-12-09 // 9.82 // 9.28 // (5.50%) // xx
RRC // 2003-12-04 // 8.45 // 8.67 // 2.60% // xx
SFY // 2003-12-08 // 15.14 // 15.70 // 3.70% // xx
SORC // 2003-12-11 // 10.52 // 10.52 // 0.00% // xx
TMR // 2003-12-08 // 5.41 // 5.89 // 8.87% // xx
TRR // 2003-12-08 // 21.30 // 21.64 // 1.60% // xx
TYC // 2003-12-10 // 24.32 // 24.32 // 0.00% // xx
UCO // 2003-12-08 // 25.16 // 25.81 // 2.58% // xx
XEL // 2003-12-03 // 17.01 // 17.07 // 0.35% // xx
XRX // 2003-12-04 // 12.49 // 12.03 // (4.64%) // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-12


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-12 // CHK // B // 13.15 // 13.15 // 0.00 % // 11.50 was prev 5Y (actually >6Y) peak in 2003-Jun.
2003-12-12 // MUR // B // 82.13 // 82.13 // 0.00 % // 62.00 was prev 5Y (actually >20Y) peak in 2003-Sep.
2003-12-12 // OSK // D // 49.70 // 49.70 // 0.00 % // 33.00 was prev 5Y (actually >17Y) peak in 2003-Apr.
2003-12-12 // PGR // B // 82.13 // 82.13 // 0.00 % // 78.00 was prev 5Y (actually >17Y) peak in 2003-Jun.
2003-12-12 // PNY // A // 41.91 // 41.91 // 0.00 % // 41.00 was prev 5Y (actually >16Y) peak in 2003-Jun.


-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]


2003-12-12 // CQB // C // 22.05 // 22.05 // 0.00 % // Approaching resis at ~25.00, next resis ~50.00 (>3Y high).
2003-12-12 // CRTO // C // 12.08 // 12.08 // 0.00 % // Approaching resis at ~13.00, next resis ~38.00 (>14Y high).
2003-12-12 // DRTK // B // 10.82 // 10.82 // 0.00 % // [38% 15.00]
2003-12-12 // GY // A // 11.00 // 11.00 // 0.00 % // [45% ~16.00]
2003-12-12 // HOLX // A // 17.25 // 17.25 // 0.00 % // [74% 30.00]
2003-12-12 // IM // C // 15.70 // 15.70 // 0.00 % // Approaching resis at 18.50, next resis ~20.00 (>4Y high).
2003-12-12 // MSS // A // 15.70 // 15.70 // 0.00 % // [59% 25.00]
2003-12-12 // RT // B // 10.26 // 10.26 // 0.00 % // [31% 13.50]
2003-12-12 // SBL // C // 16.65 // 16.65 // 0.00 % // Approaching resis at 18.00, next resis ~34.00 (>3Y high).
2003-12-12 // USU // A // 8.46 // 8.46 // 0.00 % // [77% 15.00]


----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ALEX // 2003-12-10 // 32.36 // 33.99 // 5.06% // xx
AMB // 2003-12-08 // 32.32 // 32.60 // 0.87% // xx
APU // 2003-12-08 // 27.21 // 27.83 // 2.28% // xx
BMET // 2003-12-03 // 36.15 // 36.96 // 2.02% // xx
BRK.A // 2003-12-03 // 84,399.98 // 83,600.00 // (0.95%) // xx
BRL // 2003-12-03 // 83.34 // 76.14 // (8.64%) // xx
CHK // 2003-12-12 // 13.15 // 13.15 // 0.00% // xx
CMC // 2003-12-04 // 26.62 // 27.38 // 2.85% // xx
CMX // 2003-12-03 // 27.58 // 26.92 // (2.39%) // xx
CRK // 2003-12-11 // 18.63 // 19.30 // 3.60% // xx
CRR // 2003-12-05 // 48.24 // 48.80 // 1.16% // xx
CW // 2003-12-05 // 83.07 // 87.95 // 5.87% // xx
EQT // 2003-12-05 // 42.15 // 43.02 // 2.06% // xx
ETN // 2003-12-03 // 105.25 // 107.38 // 2.02% // xx
EVG // 2003-12-04 // 30.09 // 31.40 // 4.35% // xx
FBR // 2003-12-05 // 21.78 // 20.55 // (5.65%) // xx
HMA // 2003-12-03 // 26.29 // 23.51 // (10.57%) // xx
IEX // 2003-12-08 // 41.40 // 41.84 // 1.06% // xx
ITW // 2003-12-09 // 82.71 // 81.44 // (1.54%) // xx
KRI // 2003-12-03 // 75.33 // 73.52 // (2.40%) // xx
MBG // 2003-12-11 // 44.61 // 44.50 // (0.25%) // xx
MCHP // 2003-12-03 // 35.66 // 32.65 // (8.10%) // xx
MI // 2003-12-03 // 37.37 // 37.83 // 1.23% // xx
MOG.A // 2003-12-04 // 46.68 // 50.77 // 8.76% // xx <<<<<
MTX // 2003-12-11 // 58.45 // 59.28 // 1.42% // xx
MUR // 2003-12-12 // 82.13 // 82.13 // 0.00% // xx
NCEN // 2003-12-05 // 39.62 // 38.12 // (3.58%) // xx
NDSN // 2003-12-11 // 34.35 // 34.33 // (0.06%) // xx
ORI // 2003-12-04 // 37.98 // 37.55 // (1.13%) // xx
PGR // 2003-12-12 // 82.13 // 82.13 // 0.00% // xx
PH // 2003-12-04 // 57.10 // 57.92 // 1.44% // xx
PII // 2003-12-09 // 88.85 // 90.59 // 1.96% // xx
PNY // 2003-12-12 // 41.91 // 41.91 // 0.00% // xx
PRA // 2003-12-04 // 31.86 // 31.57 // (0.91%) // xx
PVA // 2003-12-04 // 47.65 // 54.50 // 14.38% // xx <<<<<
PXD // 2003-12-08 // 30.16 // 30.33 // 0.56%) // xx
SIE // 2003-12-04 // 29.42 // 27.60 // (6.19%) // xx
SSD // 2003-12-11 // 51.38 // 50.85 // (1.03%) // xx
SWN // 2003-12-10 // 21.33 // 22.06 // 3.42% // xx
TII // 2003-12-04 // 32.40 // 34.55 // 6.64% // xx
TMK // 2003-12-11 // 44.89 // 44.96 // 0.16% // xx
TPP // 2003-12-08 // 40.10 // 40.29 // 0.47% // xx
UTX // 2003-12-03 // 87.27 // 89.27 // 2.33% // xx
WGR // 2003-12-04 // 46.16 // 46.20 // 0.09% // xx
WLP // 2003-12-03 // 95.42 // 95.01 // (0.43%) // xx
WPO // 2003-12-03 // 800.97 // 789.00 // (1.49%) // xx
XTO // 2003-12-03 // 26.18 // 27.82 // 6.26% // xx


52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // 16.35 // 8.42% // xx <<<<<
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // 7.94 // (2.80%) // xx
BW // 2003-12-03 // 13.96 // 14.19 // 1.65% // xx
CPRT // 2003-12-05 // 14.23 // 15.65 // 9.98% // xx <<<<<
CSCO // 2003-12-04 // 23.98 // 24.09 // 0.54% // xx
DITC // 2003-12-04 // 18.19 // 17.70 // (6.54%) // xx
DRTK // 2003-12-12 // 10.82 // 10.82 // 0.00% // xx
EIX // 2003-12-08 // 21.37 // 20.86 // (2.39%) // xx
ESL // 2003-12-05 // 24.85 // 25.49 // 2.58% // xx
FSII // 2003-12-03 // 7.00 // 7.11 // 1.57% // xx
GMR // 2003-12-05 // 15.79 // 16.00 // 1.33% // xx
GY // 2003-12-12 // 11.00 // 11.00 // 0.00% // xx
HOLX // 2003-12-12 // 17.25 // 17.25 // 0.00% // xx
KFY // 2003-12-10 // 11.22 // 12.10 // 7.84% // xx <<<<<
LCAV // 2003-12-04 // 19.60 // 18.35 // (6.98%) // xx
LNDC // 2003-12-09 // 6.47 // 6.48 // 0.15% // xx
MAPX // 2003-12-11 // 13.00 // 13.58 // 4.46% // xx
MDCI // 2003-12-09 // 18.02 // 17.86 // (0.89%) // xx
MSS // 2003-12-12 // 15.70 // 15.70 // 0.00% // xx
NOBL // 2003-12-09 // 20.25 // 21.14 // 4.40% // xx
NTPA // 2003-12-03 // 15.85 // 14.00 // (11.67%) // xx
PKG // 2003-12-09 // 21.46 // 21.30 // (0.75%) // xx
RFMI // 2003-12-09 // 9.82 // 9.40 // (4.28%) // xx
RRC // 2003-12-04 // 8.45 // 8.84 // 4.62% // xx
RT // 2003-12-12 // 10.26 // 10.26 // 0.00% // xx
SFY // 2003-12-08 // 15.14 // 16.25 // 7.33% // xx <<<<<
SORC // 2003-12-11 // 10.52 // 11.20 // 6.46% // xx
TMR // 2003-12-08 // 5.41 // 5.85 // 8.13% // xx <<<<<
TRR // 2003-12-08 // 21.30 // 21.75 // 2.11% // xx
TYC // 2003-12-10 // 24.32 // 25.47 // 4.73% // xx
UCO // 2003-12-08 // 25.16 // 26.10 // 3.74% // xx
USU // 2003-12-12 // 8.46 // 8.46 // 0.00% // xx
XEL // 2003-12-03 // 17.01 // 17.00 // (0.06%) // xx
XRX // 2003-12-04 // 12.49 // 11.98 // (4.08%) // xx


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[billyjoe]

Park Twain, A few questions on Chart Harvesting. How long have you been using the Chart Harvesting model? Do you ever "tweak" the model or is it perfected or as close as can be? Can you give us some idea of expected returns or success rates of A versus B selections?
Thanks,
Billyjoe

[ParkTwain]

I have been using this approach to find stocks with high probability of short term appreciation of at least 15% for the last 10 to 12 months. It has worked pretty well, even before the bull market kicked in in March 2003.

All things being equal about the stocks' financials, I expect the "A" stocks to have the best probability of at least a 15% gain in the shortest period of time.

//PT

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-16


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-16 // CAT // B // 81.02 // 81.02 // 0.00 % // ~79.50 was prev 5Y (actually >39Y) peak in 2003-Oct.
2003-12-16 // DAKT // D // 24.90 // 24.90 // 0.00 % // 21.00 was prev 5Y (actually >10Y) peak in 2003-Dec.
2003-12-16 // GWR // A // 29.19 // 29.19 // 0.00 % // ~27.00 was prev 5Y (actually >8Y) peak in 2003-Dec.
2003-12-16 // MHM // B // 26.02 // 26.02 // 0.00 % // ~24.50 was prev 5Y (actually >11Y) peak in 2003-Oct.
2003-12-16 // MSA // D // 81.25 // 81.25 // 0.00 % // ~58.00 was prev 5Y (actually >14Y) peak in 2003-Oct.
2003-12-16 // OFIX // D // 48.20 // 48.20 // 0.00 % // ~42.00 was prev 5Y (actually >11Y) peak in 2002-Apr.
2003-12-16 // RBA // D // 50.10 // 50.10 // 0.00 % // ~44.00 was prev 5Y (actually >6Y) peak in 2003-Sep.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-16 // EPAY // C // 9.50 // 9.50 // 0.00 % // Approaching resis at 10.00, next resis ~13.00 (>2Y high).
2003-12-16 // F // C // 14.35 // 14.35 // 0.00 % // Approaching resis at 17.50, next resis ~24.50 (>3Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ALEX // 2003-12-10 // 32.36 // ----- // ----- // xx
AMB // 2003-12-08 // 32.32 // ----- // ----- // xx
APU // 2003-12-08 // 27.21 // ----- // ----- // xx
BMET // 2003-12-03 // 36.15 // ----- // ----- // xx
BRK.A // 2003-12-03 // 84,399.98 // ----- // ----- // xx
BRL // 2003-12-03 // 83.34 // ----- // ----- // xx
CAT // 2003-12-16 // 81.02 // ----- // ----- // xx
CHK // 2003-12-12 // 13.15 // ----- // ----- // xx
CMC // 2003-12-04 // 26.62 // ----- // ----- // xx
CMX // 2003-12-03 // 27.58 // ----- // ----- // xx
CRK // 2003-12-11 // 18.63 // ----- // ----- // xx
CRR // 2003-12-05 // 48.24 // ----- // ----- // xx
CW // 2003-12-05 // 83.07 // ----- // ----- // xx
EQT // 2003-12-05 // 42.15 // ----- // ----- // xx
ETN // 2003-12-03 // 105.25 // ----- // ----- // xx
EVG // 2003-12-04 // 30.09 // ----- // ----- // xx
FBR // 2003-12-05 // 21.78 // ----- // ----- // xx
GWR // 2003-12-16 // 29.19 // ----- // ----- // xx
HMA // 2003-12-03 // 26.29 // ----- // ----- // xx
IEX // 2003-12-08 // 41.40 // ----- // ----- // xx
ITW // 2003-12-09 // 82.71 // ----- // ----- // xx
KRI // 2003-12-03 // 75.33 // ----- // ----- // xx
MBG // 2003-12-11 // 44.61 // ----- // ----- // xx
MCHP // 2003-12-03 // 35.66 // ----- // ----- // xx
MHM // 2003-12-16 // 26.02 // ----- // ----- // xx
MI // 2003-12-03 // 37.37 // ----- // ----- // xx
MOG.A // 2003-12-04 // 46.68 // ----- // ----- // xx
MTX // 2003-12-11 // 58.45 // ----- // ----- // xx
MUR // 2003-12-12 // 63.32 // ----- // ----- // xx
NCEN // 2003-12-05 // 39.62 // ----- // ----- // xx
NDSN // 2003-12-11 // 34.35 // ----- // ----- // xx
ORI // 2003-12-04 // 37.98 // ----- // ----- // xx
PGR // 2003-12-12 // 82.13 // ----- // ----- // xx
PH // 2003-12-04 // 57.10 // ----- // ----- // xx
PII // 2003-12-09 // 88.85 // ----- // ----- // xx
PNY // 2003-12-12 // 41.91 // ----- // ----- // xx
PRA // 2003-12-04 // 31.86 // ----- // ----- // xx
PVA // 2003-12-04 // 47.65 // ----- // ----- // xx
PXD // 2003-12-08 // 30.16 // ----- // ----- // xx
SIE // 2003-12-04 // 29.42 // ----- // ----- // xx
SSD // 2003-12-11 // 51.38 // ----- // ----- // xx
SWN // 2003-12-10 // 21.33 // ----- // ----- // xx
TII // 2003-12-04 // 32.40 // ----- // ----- // xx
TMK // 2003-12-11 // 44.89 // ----- // ----- // xx
TPP // 2003-12-08 // 40.10 // ----- // ----- // xx
UTX // 2003-12-03 // 87.27 // ----- // ----- // xx
WGR // 2003-12-04 // 46.16 // ----- // ----- // xx
WLP // 2003-12-03 // 95.42 // ----- // ----- // xx
WPO // 2003-12-03 // 800.97 // ----- // ----- // xx
XTO // 2003-12-03 // 26.18 // ----- // ----- // xx



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // ----- // ----- // xx
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // ----- // ----- // xx
BW // 2003-12-03 // 13.96 // ----- // ----- // xx
CPRT // 2003-12-05 // 14.23 // ----- // ----- // xx
CSCO // 2003-12-04 // 23.98 // ----- // ----- // xx
DITC // 2003-12-04 // 18.19 // ----- // ----- // xx
DRTK // 2003-12-12 // 10.82 // ----- // ----- // xx
EIX // 2003-12-08 // 21.37 // ----- // ----- // xx
ESL // 2003-12-05 // 24.85 // ----- // ----- // xx
FSII // 2003-12-03 // 7.00 // ----- // ----- // xx
GMR // 2003-12-05 // 15.79 // ----- // ----- // xx
GY // 2003-12-12 // 11.00 // ----- // ----- // xx
HOLX // 2003-12-12 // 17.25 // ----- // ----- // xx
KFY // 2003-12-10 // 11.22 // ----- // ----- // xx
LCAV // 2003-12-04 // 19.60 // ----- // ----- // xx
LNDC // 2003-12-09 // 6.47 // ----- // ----- // xx
MAPX // 2003-12-11 // 13.00 // ----- // ----- // xx
MDCI // 2003-12-09 // 18.02 // ----- // ----- // xx
MSS // 2003-12-12 // 15.70 // ----- // ----- // xx
NOBL // 2003-12-09 // 20.25 // ----- // ----- // xx
NTPA // 2003-12-03 // 15.85 // ----- // ----- // xx
PKG // 2003-12-09 // 21.46 // ----- // ----- // xx
RFMI // 2003-12-09 // 9.82 // ----- // ----- // xx
RRC // 2003-12-04 // 8.45 // ----- // ----- // xx
RT // 2003-12-12 // 10.26 // ----- // ----- // xx
SFY // 2003-12-08 // 15.14 // ----- // ----- // xx
SORC // 2003-12-11 // 10.52 // ----- // ----- // xx
TMR // 2003-12-08 // 5.41 // ----- // ----- // xx
TRR // 2003-12-08 // 21.30 // ----- // ----- // xx
TYC // 2003-12-10 // 24.32 // ----- // ----- // xx
UCO // 2003-12-08 // 25.16 // ----- // ----- // xx
USU // 2003-12-12 // 8.46 // ----- // ----- // xx
XEL // 2003-12-03 // 17.01 // ----- // ----- // xx
XRX // 2003-12-04 // 12.49 // ----- // ----- // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-17


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-17 // BPL // B // 44.38 // 44.38 // 0.00 % // ~40.00 was prev 5Y (actually >17Y) peak in 2003-Sep.
2003-12-17 // ETR // A // 55.70 // 55.70 // 0.00 % // 55.00 was prev 5Y (actually >20Y) peak in 2003-Oct.
2003-12-17 // HPG // D // 39.40 // 39.40 // 0.00 % // 35.00 was prev 5Y (actually >6Y) peak in 2003-Oct.
2003-12-17 // IGT // A // 35.40 // 35.40 // 0.00 % // 35.10 was prev 5Y (actually >13Y) peak in 2003-Dec.
2003-12-17 // MME // A // 62.97 // 62.97 // 0.00 % // ~60.50 was prev 5Y (actually >12Y) peak in 2003-Oct.
2003-12-17 // NX // A // 44.86 // 44.86 // 0.00 % // 44.00 was prev 5Y (actually >16Y) peak in 2002-Jul.
2003-12-17 // PAA // A // 32.46 // 32.46 // 0.00 % // 32.45 was prev 5Y (actually >5Y) peak in 2003-Jul.
2003-12-17 // SAFM // D // 37.47 // 37.47 // 0.00 % // 27.00 was prev 5Y (actually >17Y) peak in 2002-May.
2003-12-17 // YELL // A // 34.81 // 34.81 // 0.00 % // 34.50 was prev 5Y (actually >17Y) peak in 2003-Nov.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-17 // AIR // C // 12.31 // 12.31 // 0.00 % // Approaching resis at ~13.50, next resis ~16.50 (>2Y high).
2003-12-17 // ARJ // C // 23.93 // 23.93 // 0.00 % // Approaching resis at ~25.00 (>5Y high, ATH?).
2003-12-17 // GPS // B // 22.05 // 22.05 // 0.00 % // [54% 34.00]
2003-12-17 // PMTI // A // 9.88 // 9.88 // 0.00 % // [507% 60.00]
2003-12-17 // PTV // C // 23.69 // 23.69 // 0.00 % // Approaching resis at ~24.00 (>4Y high, ATH?).
2003-12-17 // SLXP // C // 22.46 // 22.46 // 0.00 % // Approaching resis at ~25.00 (>3Y high, ATH?).
2003-12-17 // SMF // C // 9.68 // 9.68 // 0.00 % // Approaching resis at ~11.00, next resis ~12.50 (>4Y high).
2003-12-17 // TDY // C // 18.72 // 18.72 // 0.00 % // Approaching resis at ~20.00, next resis ~30.00 (>3Y high).
2003-12-17 // VC // C // 9.36 // 9.36 // 0.00 % // Approaching resis at ~12.00, next resis ~16.00 (>1Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ALEX // 2003-12-10 // 32.36 // ----- // ----- // xx
AMB // 2003-12-08 // 32.32 // ----- // ----- // xx
APU // 2003-12-08 // 27.21 // ----- // ----- // xx
BMET // 2003-12-03 // 36.15 // ----- // ----- // xx
BPL // 2003-12-17 // 44.38 // 44.38 // 0.00 % // xx
BRK.A // 2003-12-03 // 84,399.98 // ----- // ----- // xx
BRL // 2003-12-03 // 83.34 // ----- // ----- // xx
CAT // 2003-12-16 // 81.02 // ----- // ----- // xx
CHK // 2003-12-12 // 13.15 // ----- // ----- // xx
CMC // 2003-12-04 // 26.62 // ----- // ----- // xx
CMX // 2003-12-03 // 27.58 // ----- // ----- // xx
CRK // 2003-12-11 // 18.63 // ----- // ----- // xx
CRR // 2003-12-05 // 48.24 // ----- // ----- // xx
CW // 2003-12-05 // 83.07 // ----- // ----- // xx
EQT // 2003-12-05 // 42.15 // ----- // ----- // xx
ETR // 2003-12-17 // 55.70 // 55.70 // 0.00 % // xx
ETN // 2003-12-03 // 105.25 // ----- // ----- // xx
EVG // 2003-12-04 // 30.09 // ----- // ----- // xx
FBR // 2003-12-05 // 21.78 // ----- // ----- // xx
GWR // 2003-12-16 // 29.19 // ----- // ----- // xx
HMA // 2003-12-03 // 26.29 // ----- // ----- // xx
IEX // 2003-12-08 // 41.40 // ----- // ----- // xx
IGT // 2003-12-17 // 35.40 // 35.40 // 0.00 % // xx
ITW // 2003-12-09 // 82.71 // ----- // ----- // xx
KRI // 2003-12-03 // 75.33 // ----- // ----- // xx
MBG // 2003-12-11 // 44.61 // ----- // ----- // xx
MCHP // 2003-12-03 // 35.66 // ----- // ----- // xx
MHM // 2003-12-16 // 26.02 // ----- // ----- // xx
MI // 2003-12-03 // 37.37 // ----- // ----- // xx
MME // 2003-12-17 // 62.97 // 62.97 // 0.00 % // xx
MOG.A // 2003-12-04 // 46.68 // ----- // ----- // xx
MTX // 2003-12-11 // 58.45 // ----- // ----- // xx
MUR // 2003-12-12 // 63.32 // ----- // ----- // xx
NCEN // 2003-12-05 // 39.62 // ----- // ----- // xx
NDSN // 2003-12-11 // 34.35 // ----- // ----- // xx
NX // 2003-12-17 // 44.86 // 44.86 // 0.00 % // xx
ORI // 2003-12-04 // 37.98 // ----- // ----- // xx
PAA // 2003-12-17 // 32.46 // 32.46 // 0.00 % // xx
PGR // 2003-12-12 // 82.13 // ----- // ----- // xx
PH // 2003-12-04 // 57.10 // ----- // ----- // xx
PII // 2003-12-09 // 88.85 // ----- // ----- // xx
PNY // 2003-12-12 // 41.91 // ----- // ----- // xx
PRA // 2003-12-04 // 31.86 // ----- // ----- // xx
PVA // 2003-12-04 // 47.65 // ----- // ----- // xx
PXD // 2003-12-08 // 30.16 // ----- // ----- // xx
SIE // 2003-12-04 // 29.42 // ----- // ----- // xx
SSD // 2003-12-11 // 51.38 // ----- // ----- // xx
SWN // 2003-12-10 // 21.33 // ----- // ----- // xx
TII // 2003-12-04 // 32.40 // ----- // ----- // xx
TMK // 2003-12-11 // 44.89 // ----- // ----- // xx
TPP // 2003-12-08 // 40.10 // ----- // ----- // xx
UTX // 2003-12-03 // 87.27 // ----- // ----- // xx
WGR // 2003-12-04 // 46.16 // ----- // ----- // xx
WLP // 2003-12-03 // 95.42 // ----- // ----- // xx
WPO // 2003-12-03 // 800.97 // ----- // ----- // xx
XTO // 2003-12-03 // 26.18 // ----- // ----- // xx
YELL // 2003-12-17 // 34.81 // 34.81 // 0.00 % // xx



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ASF // 2003-12-03 // 15.08 // ----- // ----- // xx
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // ----- // ----- // xx
BW // 2003-12-03 // 13.96 // ----- // ----- // xx
CPRT // 2003-12-05 // 14.23 // ----- // ----- // xx
CSCO // 2003-12-04 // 23.98 // ----- // ----- // xx
DITC // 2003-12-04 // 18.19 // ----- // ----- // xx
DRTK // 2003-12-12 // 10.82 // ----- // ----- // xx
EIX // 2003-12-08 // 21.37 // ----- // ----- // xx
ESL // 2003-12-05 // 24.85 // ----- // ----- // xx
FSII // 2003-12-03 // 7.00 // ----- // ----- // xx
GMR // 2003-12-05 // 15.79 // ----- // ----- // xx
GPS // 2003-12-17 // 22.05 // 22.05 // 0.00 % // xx
GY // 2003-12-12 // 11.00 // ----- // ----- // xx
HOLX // 2003-12-12 // 17.25 // ----- // ----- // xx
KFY // 2003-12-10 // 11.22 // ----- // ----- // xx
LCAV // 2003-12-04 // 19.60 // ----- // ----- // xx
LNDC // 2003-12-09 // 6.47 // ----- // ----- // xx
MAPX // 2003-12-11 // 13.00 // ----- // ----- // xx
MDCI // 2003-12-09 // 18.02 // ----- // ----- // xx
MSS // 2003-12-12 // 15.70 // ----- // ----- // xx
NOBL // 2003-12-09 // 20.25 // ----- // ----- // xx
NTPA // 2003-12-03 // 15.85 // ----- // ----- // xx
PKG // 2003-12-09 // 21.46 // ----- // ----- // xx
PMTI // 2003-12-17 // 9.88 // 9.88 // 0.00 % // xx
RFMI // 2003-12-09 // 9.82 // ----- // ----- // xx
RRC // 2003-12-04 // 8.45 // ----- // ----- // xx
RT // 2003-12-12 // 10.26 // ----- // ----- // xx
SFY // 2003-12-08 // 15.14 // ----- // ----- // xx
SORC // 2003-12-11 // 10.52 // ----- // ----- // xx
TMR // 2003-12-08 // 5.41 // ----- // ----- // xx
TRR // 2003-12-08 // 21.30 // ----- // ----- // xx
TYC // 2003-12-10 // 24.32 // ----- // ----- // xx
UCO // 2003-12-08 // 25.16 // ----- // ----- // xx
USU // 2003-12-12 // 8.46 // ----- // ----- // xx
XEL // 2003-12-03 // 17.01 // ----- // ----- // xx
XRX // 2003-12-04 // 12.49 // ----- // ----- // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-18


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-18 // AME // D // 48.50 // 48.50 // 0.00 % // 40.00 was prev 5Y (actually >19Y) peak in 2003-Aug.
2003-12-18 // BR // A // 56.32 // 56.32 // 0.00 % // 56.00 was prev 5Y (actually >15Y) peak in 2003-Jun.
2003-12-18 // DE // B // 66.65 // 66.65 // 0.00 % // 60.00 was prev 5Y (actually >21Y) peak in ~1998-Jan.
2003-12-18 // ITT // A // 73.95 // 73.95 // 0.00 % // 70.00 was prev 5Y (actually >8Y) peak in 2002-Jul.
2003-12-18 // MNI // B // 68.25 // 68.25 // 0.00 % // 65.00 was prev 5Y (actually >14Y) peak in 2002-Jul.
2003-12-18 // PD // C // 73.72 // 73.72 // 0.00 % // Approaching resis at 80.00 (>6Y high, ATH?).
2003-12-18 // PPP // C // 48.90 // 48.90 // 0.00 % // Approaching resis at 50.00 (>17Y) peak in ~1997-Jan.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-18 // ADSK // C // 24.60 // 24.60 // 0.00 % // Approaching resis at ~27.00 (>3Y high, ATH?).
2003-12-18 // APCC // B // 24.10 // 24.10 // 0.00 % // [95% 47.50]
2003-12-18 // DCN // C // 17.86 // 17.86 // 0.00 % // Approaching resis at ~22.00, next resis ~25.50 (>3Y high).
2003-12-18 // NAFC // B // 21.78 // 21.78 // 0.00 % // [49% 32.50]
2003-12-18 // NMSS // B // 6.17 // 6.17 // 0.00 % // [102% 12.50]
2003-12-18 // SAFE // D // 21.86 // 21.86 // 0.00 % // Prev resis was ~12.50 in ~1999-Jan.
2003-12-18 // VPI // C // 12.65 // 12.65 // 0.00 % // Approaching resis at ~14.50, next resis ~25.00 (>13Y high).
2003-12-18 // WIND // A // 8.07 // 8.07 // 0.00 % // [148% 20.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ALEX // 2003-12-10 // 32.36 // 34.36 // 6.18% // xx
AMB // 2003-12-08 // 32.32 // 32.85 // 1.64% // xx
APU // 2003-12-08 // 27.21 // 27.85 // 2.35% // xx
BMET // 2003-12-03 // 36.15 // 36.60 // 1.24% // xx
BPL // 2003-12-17 // 44.38 // ---- // ---- // xx
BR // 2003-12-18 // 56.32 // 56.32 // 0.00% // xx
BRK.A // 2003-12-03 // 84,399.98 // 82,600.00 // (2.13%) // xx
BRL // 2003-12-03 // 83.34 // 76.85 // (7.79%) // xx
CAT // 2003-12-16 // 81.02 // ----- // ----- // xx
CHK // 2003-12-12 // 13.15 // 13.25 // 0.76% // xx
CMC // 2003-12-04 // 26.62 // 30.25 // 13.64% // xx
CMX // 2003-12-03 // 27.58 // 25.27 // (8.38%) // xx
CRK // 2003-12-11 // 18.63 // 19.20 // 3.06% // xx
CRR // 2003-12-05 // 48.24 // 52.10 // 8.00% // xx
CW // 2003-12-05 // 41.53 // 45.90 // 10.39% // xx
DE // 2003-12-18 // 66.65 // 66.65 // 0.00% // xx
EQT // 2003-12-05 // 42.15 // 43.00 // 2.02% // xx
ETR // 2003-12-17 // 55.70 // ---- // ---- // xx
ETN // 2003-12-03 // 105.25 // 104.98 // (0.26%) // xx
EVG // 2003-12-04 // 30.09 // 32.85 // 9.17% // xx
FBR // 2003-12-05 // 21.78 // 22.12 // 1.56% // xx
GWR // 2003-12-16 // 29.19 // ----- // ----- // xx
HMA // 2003-12-03 // 26.29 // 23.50 // (10.61%) // xx
IEX // 2003-12-08 // 41.40 // 40.88 // (1.26%) // xx
IGT // 2003-12-17 // 35.40 // ---- // ---- // xx
ITT // 2003-12-18 // 73.95 // 73.95 // 0.00% // xx
ITW // 2003-12-09 // 82.71 // 81.81 // (1.09%) // xx
KRI // 2003-12-03 // 75.33 // 75.18 // (0.20%) // xx
MBG // 2003-12-11 // 44.61 // 45.83 // 2.73% // xx
MCHP // 2003-12-03 // 35.66 // 32.60 // (8.58%) // xx
MHM // 2003-12-16 // 26.02 // ----- // ----- // xx
MI // 2003-12-03 // 37.37 // 37.70 // 0.88% // xx
MME // 2003-12-17 // 62.97 // ---- // ---- // xx
MNI // 2003-12-18 // 68.25 // 68.25 // 0.00% // xx
MOG.A // 2003-12-04 // 46.68 // 48.77 // 4.48% // xx
MTX // 2003-12-11 // 58.45 // 58.25 // (0.34%) // xx
MUR // 2003-12-12 // 63.32 // 65.45 // 3.36% // xx
NCEN // 2003-12-05 // 39.62 // 38.50 // (2.83%) // xx
NDSN // 2003-12-11 // 34.35 // 34.50 // 0.44% // xx
NX // 2003-12-17 // 44.86 // ---- // ---- // xx
ORI // 2003-12-04 // 37.98 // 36.96 // (2.69%) // xx
PAA // 2003-12-17 // 32.46 // ---- // ---- // xx
PGR // 2003-12-12 // 82.13 // 82.54 // 0.50% // xx
PH // 2003-12-04 // 57.10 // 58.69 // 2.78% // xx
PII // 2003-12-09 // 88.85 // 86.86 // (2.24%) // xx
PNY // 2003-12-12 // 41.91 // 42.83 // 2.20% // xx
PRA // 2003-12-04 // 31.86 // 32.94 // 3.39% // xx
PVA // 2003-12-04 // ---- // ---- // 17.73% // 10: 2003-12-18
PXD // 2003-12-08 // 30.16 // 32.44 // 7.56% // xx
SIE // 2003-12-04 // 29.42 // 27.43 // (6.76%) // xx
SSD // 2003-12-11 // 51.38 // 50.67 // (1.38%) // xx
SWN // 2003-12-10 // 21.33 // 22.72 // 6.52% // xx
TII // 2003-12-04 // 32.40 // 34.39 // 6.14% // xx
TMK // 2003-12-11 // 44.89 // 44.96 // 0.16% // xx
TPP // 2003-12-08 // 40.10 // 41.15 // 2.62% // xx
UTX // 2003-12-03 // 87.27 // 93.83 // 7.52% // xx
WGR // 2003-12-04 // 46.16 // 47.00 // 1.82% // xx
WLP // 2003-12-03 // 95.42 // 95.95 // 0.56% // xx
WPO // 2003-12-03 // 800.97 // 773.88 // (3.38%) // xx
XTO // 2003-12-03 // 26.18 // 28.16 // 7.56% // xx
YELL // 2003-12-17 // 34.81 // ---- // ---- // xx



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

APCC // 2003-12-18 // 24.10 // 24.10 // 0.00% // xx
ASF // 2003-12-03 // 15.08 // 17.31 // 14.79% // xx
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // 7.90 // (3.89%) // xx
BW // 2003-12-03 // 13.96 // 14.30 // 2.44% // xx
CPRT // 2003-12-05 // 14.23 // 15.70 // 10.33% // xx
CSCO // 2003-12-04 // 23.98 // 24.17 // 0.79% // xx
DITC // 2003-12-04 // 18.19 // 18.70 // 2.81% // xx
DRTK // 2003-12-12 // 10.82 // 12.13 // 12.11% // xx
EIX // 2003-12-08 // 21.37 // 21.54 // 0.80% // xx
ESL // 2003-12-05 // 24.85 // 25.51 // 2.66% // xx
FSII // 2003-12-03 // 7.00 // 7.20 // 2.86% // xx
GMR // 2003-12-05 // 15.79 // 16.97 // 7.47% // xx
GPS // 2003-12-17 // 22.05 // ---- // ---- // xx
GY // 2003-12-12 // 11.00 // 10.60 // (3.64%) // xx
HOLX // 2003-12-12 // 17.25 // 16.88 // (2.14%) // xx
KFY // 2003-12-10 // 11.22 // 12.47 // 11.14% // xx
LCAV // 2003-12-04 // 19.60 // 18.58 // (5.20%) // xx
LNDC // 2003-12-09 // 6.47 // 6.42 // (0.77%) // xx
MAPX // 2003-12-11 // 13.00 // 13.46 // 3.54% // xx
MDCI // 2003-12-09 // 18.02 // 18.91 // 4.94% // xx
MSS // 2003-12-12 // ---- // ---- // 15.48% // 4: 2003-12-18
NAFC // 2003-12-18 // 21.78 // 21.78 // 0.00% // xx
NMSS // 2003-12-18 // 6.17 // 6.17 // 0.00% // xx
NOBL // 2003-12-09 // 20.25 // 21.17 // 4.54% // xx
NTPA // 2003-12-03 // 15.85 // 14.15 // (10.73%) // xx
PKG // 2003-12-09 // 21.46 // 21.50 // 0.19% // xx
PMTI // 2003-12-17 // 9.88 // ---- // ---- // xx
RFMI // 2003-12-09 // 9.82 // 9.50 // (3.26%) // xx
RRC // 2003-12-04 // ---- // ---- // 15.38% // 10: 2003-12-18
RT // 2003-12-12 // 10.26 // 10.15 // (1.07%) // xx
SFY // 2003-12-08 // 15.14 // 17.25 // 13.94% // xx
SORC // 2003-12-11 // 10.52 // 10.99 // 4.55% // xx
TMR // 2003-12-08 // 5.41 // 5.82 // 7.58% // xx
TRR // 2003-12-08 // 21.30 // 21.44 // 0.66% // xx
TYC // 2003-12-10 // 24.32 // 25.25 // 3.82% // xx
UCO // 2003-12-08 // 25.16 // 26.72 // 6.20% // xx
USU // 2003-12-12 // 8.46 // 8.65 // 2.25% // xx
WIND // 2003-12-18 // 8.07 // 8.07 // 0.00% // xx
XEL // 2003-12-03 // 17.01 // 17.00 // (0.06%) // xx
XRX // 2003-12-04 // 12.49 // 13.03 // 4.32% // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-19


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-19 // BCR // A // 81.12 // 81.12 // 0.00 % // 81.00 was prev 5Y (actually >20Y) peak in 2003-Oct.
2003-12-19 // FRX // A // 62.51 // 62.51 // 0.00 % // 61.00 was prev 5Y (actually >16Y) peak in 2003-May.
2003-12-19 // GGP // D // 27.07 // 27.07 // 0.00 % // ~12.50 was prev 5Y (actually >11Y) peak in 1999-May.
2003-12-19 // WFC // B // 58.08 // 58.08 // 0.00 % // ~54.00 was prev 5Y (actually >19Y) peak in 2001-Jan.
2003-12-19 // WFMI // A // 65.73 // 65.73 // 0.00 % // 62.50 was prev 5Y (actually >12Y) peak in 2003-Dec.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-19 // AZPN // A // 9.96 // 9.96 // 0.00 % // [141% 24.00]
2003-12-19 // CCK // B // 9.00 // 9.00 // 0.00 % // [33% 12.00]
2003-12-19 // ET // B // 12.02 // 12.02 // 0.00 % // Approaching resis at ~12.50, next resis ~20.00 (>3Y high).
2003-12-19 // FL // C // 23.16 // 23.16 // 0.00 % // Approaching resis at ~27.00, next resis ~34.00 (>13Y high).
2003-12-19 // GVA // C // 23.75 // 23.75 // 0.00 % // Approaching resis at ~25.00, next resis ~27.50 (>2Y high).
2003-12-19 // OKE // C // 21.55 // 21.55 // 0.00 % // Approaching resis at 22.50, next resis 25.00 (>19Y high).
2003-12-19 // PBY // A // 22.60 // 22.60 // 0.00 % // [63% 37.00]
2003-12-19 // PKSI // C // 6.03 // 6.03 // 0.00 % // Approaching resis at 8.00, next resis ~50.00 (>3Y high).
2003-12-19 // SCS // C // 14.10 // 14.10 // 0.00 % // Approaching resis at ~17.50, next resis ~20.00 (>4Y high).
2003-12-19 // STLD // C // 22.15 // 22.15 // 0.00 % // Approaching resis at ~23.50, next resis ~27.50 (>6Y high).
2003-12-19 // VITR // A // 7.10 // 7.10 // 0.00 % // [379% 34.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

ALEX // 2003-12-10 // 32.36 // 34.00 // 5.78% // xx
AMB // 2003-12-08 // 32.32 // 32.80 // 1.49% // xx
APU // 2003-12-08 // 27.21 // 27.99 // 2.87% // xx
BCR // 2003-12-19 // 81.12 // 81.12 // 0.00% // xx
BMET // 2003-12-03 // 36.15 // 35.18 // (2.83%) // xx
BPL // 2003-12-17 // 44.38 // 44.38 // 0.00% // xx
BR // 2003-12-18 // 56.32 // 55.90 // (0.75%) // xx
BRK.A // 2003-12-03 // 84,399.98 // 83,400.00 // (1.18%) // xx
BRL // 2003-12-03 // 83.34 // 75.97 // (8.84%) // xx
CAT // 2003-12-16 // 81.02 // 84.75 // 4.60% // xx
CHK // 2003-12-12 // 13.15 // 13.10 // 0.38% // xx
CMC // 2003-12-04 // 26.62 // 30.30 // 13.82% // xx <<<<<
CMX // 2003-12-03 // 27.58 // 25.38 // (7.98%) // xx
CRK // 2003-12-11 // 18.63 // 19.19 // 3.01% // xx
CRR // 2003-12-05 // 48.24 // 51.98 // 7.75% // xx <<<<<
CW // 2003-12-05 // 41.53 // 45.95 // 10.51% // xx <<<<<
DE // 2003-12-18 // 66.65 // 67.10 // 0.68% // xx
EQT // 2003-12-05 // 42.15 // 42.99 // 1.99% // xx
ETN // 2003-12-03 // 105.25 // 107.30 // 1.95% // xx
ETR // 2003-12-17 // 55.70 // 56.40 // 1.26% // xx
EVG // 2003-12-04 // 30.09 // 32.70 // 8.67% // xx <<<<<
FBR // 2003-12-05 // 21.78 // 22.46 // 3.12% // xx
FRX // 2003-12-19 // 62.51 // 62.51 // 0.00% // xx
GWR // 2003-12-16 // 29.19 // 30.01 // 2.81% // xx
HMA // 2003-12-03 // 26.29 // 23.25 // (11.56%) // xx
IEX // 2003-12-08 // 41.40 // 41.65 // 0.60% // xx
IGT // 2003-12-17 // 35.40 // 36.59 // 3.36% // xx
ITT // 2003-12-18 // 73.95 // 72.95 // (1.35%) // xx
ITW // 2003-12-09 // 82.71 // 82.85 // 0.17% // xx
KRI // 2003-12-03 // 75.33 // 74.72 // (0.81%) // xx
MBG // 2003-12-11 // 44.61 // 46.10 // 3.34% // xx
MCHP // 2003-12-03 // 35.66 // 32.90 // (8.40%) // xx
MHM // 2003-12-16 // 26.02 // 25.60 // (1.61%) // xx
MI // 2003-12-03 // 37.37 // 37.87 // 1.34% // xx
MME // 2003-12-17 // 62.97 // 63.04 // 0.11% // xx
MNI // 2003-12-18 // 68.25 // 67.74 // (0.75%) // xx
MOG.A // 2003-12-04 // 46.68 // 48.95 // 4.86% // xx
MTX // 2003-12-11 // 58.45 // 58.30 // (0.26%) // xx
MUR // 2003-12-12 // 63.32 // 65.90 // 4.07% // xx
NCEN // 2003-12-05 // 39.62 // 38.45 // (3.10%) // xx
NDSN // 2003-12-11 // 34.35 // 34.86 // 1.48% // xx
NX // 2003-12-17 // 44.86 // 45.71 // 1.89% // xx
ORI // 2003-12-04 // 37.98 // 37.45 // (1.40%) // xx
PAA // 2003-12-17 // 32.46 // 32.12 // (1.05%) // xx
PGR // 2003-12-12 // 82.13 // 83.15 // 1.18% // xx
PH // 2003-12-04 // 57.10 // 58.86 // 3.08% // xx
PII // 2003-12-09 // 88.85 // 85.64 // (3.61%) // xx
PNY // 2003-12-12 // 41.91 // 42.60 // 1.65% // xx
PRA // 2003-12-04 // 31.86 // 32.81 // 2.98% // xx
PVA // 2003-12-04 // ---- // ---- // 17.73% // 10: 2003-12-18
PXD // 2003-12-08 // 30.16 // 32.20 // 6.76% // xx
SIE // 2003-12-04 // 29.42 // 26.45 // (10.10%) // xx
SSD // 2003-12-11 // 51.38 // 51.75 // 0.72% // xx
SWN // 2003-12-10 // 21.33 // 22.59 // 5.91% // xx
TII // 2003-12-04 // 32.40 // 34.35 // 6.02% // xx
TMK // 2003-12-11 // 44.89 // 45.00 // 0.25% // xx
TPP // 2003-12-08 // 40.10 // 40.00 // (0.25%) // xx
UTX // 2003-12-03 // 87.27 // 93.83 // 7.52% // xx <<<<<
WFC // 2003-12-19 // 58.08 // 58.08 // 0.00% // xx
WFMI // 2003-12-19 // 65.73 // 65.73 // 0.00% // xx
WGR // 2003-12-04 // 46.16 // 47.00 // 1.82% // xx
WLP // 2003-12-03 // 95.42 // 94.53 // (0.93%) // xx
WPO // 2003-12-03 // 800.97 // 772.50 // (3.55%) // xx
XTO // 2003-12-03 // 26.18 // 28.22 // 7.79% // xx <<<<<
YELL // 2003-12-17 // 34.81 // 36.71 // 5.46% // xx



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss) // Trading days to gain 15%

APCC // 2003-12-18 // 24.10 // 23.90 // (0.83%) // xx
ASF // 2003-12-03 // 15.08 // 17.20 // 14.06% // xx <<<<<
AZPN // 2003-12-19 // 9.96 // 9.96 // 0.00% // xx
BAMM // 2003-12-05 // ---- // ---- // 16.79% // 1: 2003-12-08
BEXP // 2003-12-05 // 8.22 // 7.83 // (4.74%) // xx
BW // 2003-12-03 // 13.96 // 14.78 // 5.87% // xx
CCK // 2003-12-19 // 9.00 // 9.00 // 0.00% // xx
CPRT // 2003-12-05 // 14.23 // 15.76 // 9.28% // xx <<<<<
CSCO // 2003-12-04 // 23.98 // 23.79 // (0.25%) // xx
DITC // 2003-12-04 // 18.19 // 18.49 // 1.54% // xx
DRTK // 2003-12-12 // ---- // ---- // 16.45% // 5: 2003-12-19
EIX // 2003-12-08 // 21.37 // 21.30 // (0.33%) // xx
ESL // 2003-12-05 // 24.85 // 26.00 // 4.63% // xx
ET // 2003-12-19 // 12.02 // 12.02 // 0.00% // xx
FSII // 2003-12-03 // 7.00 // 7.23 // 2.86% // xx
GMR // 2003-12-05 // 15.79 // 16.99 // 7.60% // xx <<<<<
GPS // 2003-12-17 // 22.05 // 22.67 // 2.81% // xx
GY // 2003-12-12 // 11.00 // 10.60 // (3.64%) // xx
HOLX // 2003-12-12 // 17.25 // 16.92 // (1.91%) // xx
KFY // 2003-12-10 // 11.22 // 12.67 // 12.92% // xx <<<<<
LCAV // 2003-12-04 // 19.60 // 20.00 // 2.04% // xx
LNDC // 2003-12-09 // 6.47 // 6.25 // (1.55%) // xx
MAPX // 2003-12-11 // 13.00 // 13.28 // 2.15% // xx
MDCI // 2003-12-09 // 18.02 // 18.98 // 5.33% // xx
MSS // 2003-12-12 // ---- // ---- // 15.48% // 4: 2003-12-18
NAFC // 2003-12-18 // 21.78 // 22.74 // 4.41% // xx
NMSS // 2003-12-18 // 6.17 // 6.18 // 0.16% // xx
NOBL // 2003-12-09 // 20.25 // 20.70 // 2.22% // xx
NTPA // 2003-12-03 // 15.85 // 14.28 // (9.72%) // xx
PBY // 2003-12-19 // 22.60 // 22.60 // 0.00% // xx
PKG // 2003-12-09 // 21.46 // 21.39 // (0.33%) // xx
PMTI // 2003-12-17 // 9.88 // 10.24 // 3.64% // xx
RFMI // 2003-12-09 // 9.82 // 9.33 // (4.99%) // xx
RRC // 2003-12-04 // ---- // ---- // 15.38% // 10: 2003-12-18
RT // 2003-12-12 // 10.26 // 10.07 // (1.85%) // xx
SFY // 2003-12-08 // 15.14 // 17.14 // 13.21% // xx <<<<<
SORC // 2003-12-11 // 10.52 // 10.95 // 4.09% // xx
TMR // 2003-12-08 // 5.41 // 5.77 // 6.65% // xx
TRR // 2003-12-08 // 21.30 // 21.05 // (1.17%) // xx
TYC // 2003-12-10 // 24.32 // 25.14 // 3.37% // xx
UCO // 2003-12-08 // 25.16 // 26.73 // 6.24% // xx
USU // 2003-12-12 // 8.46 // 8.65 // 2.25% // xx
VITR // 2003-12-19 // 7.10 // 7.10 // 0.00% // xx
WIND // 2003-12-18 // 8.07 // 8.04 // (0.37%) // xx
XEL // 2003-12-03 // 17.01 // 16.96 // (0.29%) // xx
XRX // 2003-12-04 // 12.49 // 13.00 // 4.08% // xx




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-22


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-22 // BLL // A // 59.50 // 59.50 // 0.00 % // 59.00 was prev 5Y (actually >19Y) peak in 2003-Apr.
2003-12-22 // PLL // A // 26.72 // 26.72 // 0.00 % // ~26.00 was prev 5Y (actually >7Y) peak in 1996-Mar.
2003-12-22 // STR // A // 35.20 // 35.20 // 0.00 % // ~34.00 was prev 5Y (actually >16Y) peak in 2003-Jun.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-22 // AFG // C // 25.94 // 25.94 // 0.00 % // Approaching resis at ~29.50, next resis ~42.50 (>6Y high).
2003-12-22 // AYE // A // 11.30 // 11.30 // 0.00 % // [271% 42.00]
2003-12-22 // CAG // C // 26.15 // 26.15 // 0.00 % // Approaching resis at ~26.50, next resis ~32.00 (>5Y high).
2003-12-22 // CERG // B // 5.49 // 5.49 // 0.00 % // [91% 10.50]
2003-12-22 // OLN // C // 20.19 // 20.19 // 0.00 % // Approaching resis at ~22.50, next resis ~30.00 (>6Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 34.00 // 5.07%
AMB // 2003-12-08 // 32.32 // 33.00 // 2.10%
APU // 2003-12-08 // 27.21 // 27.75 // 1.98%
BCR // 2003-12-19 // 81.12 // 80.00 // (1.38%)
BLL // 2003-12-22 // 59.50 // 59.50 // 0.00%
BMET // 2003-12-03 // 36.15 // 35.40 // (2.13%)
BPL // 2003-12-17 // 44.38 // 44.60 // 0.50%
BR // 2003-12-18 // 56.32 // 55.70 // (1.10%)
BRK.A // 2003-12-03 // 84,399.98 // 83,200.00 // (1.42%)
BRL // 2003-12-03 // 83.34 // 78.40 // (5.93%)
CAT // 2003-12-16 // 81.02 // 83.78 // 3.34%
CHK // 2003-12-12 // 13.15 // 13.01 // (1.06%)
CMX // 2003-12-03 // 27.58 // 25.25 // (8.45%)
CRK // 2003-12-11 // 18.63 // 19.57 // 5.05%
CRR // 2003-12-05 // 48.24 // 52.13 // 8.06% <<<<<
CW // 2003-12-05 // 41.53 // 45.59 // 9.64% <<<<<
DE // 2003-12-18 // 66.65 // 67.00 // 0.53%
EQT // 2003-12-05 // 42.15 // 42.98 // 1.97%
ETN // 2003-12-03 // 105.25 // 107.10 // 1.76%
ETR // 2003-12-17 // 55.70 // 56.93 // 2.21%
EVG // 2003-12-04 // 30.09 // 32.53 // 8.11% <<<<<
FBR // 2003-12-05 // 21.78 // 22.85 // 4.91%
FRX // 2003-12-19 // 62.51 // 61.83 // (1.09%)
GWR // 2003-12-16 // 29.19 // 31.59 // 8.22% <<<<<
HMA // 2003-12-03 // 26.29 // 23.65 // (10.04%)
IEX // 2003-12-08 // 41.40 // 41.65 // 0.60%
IGT // 2003-12-17 // 35.40 // 35.17 // (0.56%)
ITT // 2003-12-18 // 73.95 // 73.63 // (0.43%)
ITW // 2003-12-09 // 82.71 // 83.83 // 1.35%
KRI // 2003-12-03 // 75.33 // 75.50 // 0.23%
MBG // 2003-12-11 // 44.61 // 46.15 // 3.45%
MCHP // 2003-12-03 // 35.66 // 32.66 // (8.40%)
MHM // 2003-12-16 // 26.02 // 25.74 // (1.08%)
MI // 2003-12-03 // 37.37 // 37.74 // 0.99%
MME // 2003-12-17 // 62.97 // 63.44 // 0.75%
MNI // 2003-12-18 // 68.25 // 67.96 // (0.42%)
MOG.A // 2003-12-04 // 46.68 // 49.40 // 5.83%
MTX // 2003-12-11 // 58.45 // 59.61 // 1.98%
MUR // 2003-12-12 // 63.32 // 66.03 // 4.28%
NCEN // 2003-12-05 // 39.62 // 38.74 // (1.72%)
NDSN // 2003-12-11 // 34.35 // 35.00 // 1.89%
NX // 2003-12-17 // 44.86 // 45.70 // 1.87%
ORI // 2003-12-04 // 37.98 // 37.61 // (0.97%)
PAA // 2003-12-17 // 32.46 // 32.04 // (1.29%)
PGR // 2003-12-12 // 82.13 // 82.40 // 0.33%
PH // 2003-12-04 // 57.10 // 59.25 // 3.77%
PII // 2003-12-09 // 88.85 // 87.65 // (1.35%)
PLL // 2003-12-22 // 26.72 // 26.72 // 0.00%
PNY // 2003-12-12 // 41.91 // 43.03 // 2.67%
PRA // 2003-12-04 // 31.86 // 32.78 // 2.89%
PXD // 2003-12-08 // 30.16 // 31.52 // 4.51%
SIE // 2003-12-04 // 29.42 // 26.57 // (9.69%)
SSD // 2003-12-11 // 51.38 // 50.57 // (1.58%)
STR // 2003-12-22 // 35.20 // 35.20 // 0.00%
SWN // 2003-12-10 // 21.33 // 22.55 // 5.72%
TII // 2003-12-04 // 32.40 // 34.38 // 6.11%
TMK // 2003-12-11 // 44.89 // 44.63 // (0.58%)
TPP // 2003-12-08 // 40.10 // 40.21 // 0.27%
UTX // 2003-12-03 // 87.27 // 95.05 // 8.91% <<<<<
WFC // 2003-12-19 // 58.08 // 57.99 // (0.15%)
WFMI // 2003-12-19 // 65.73 // 66.70 // 1.48%
WGR // 2003-12-04 // 46.16 // 47.23 // 2.32%
WLP // 2003-12-03 // 95.42 // 94.25 // (1.23%)
WPO // 2003-12-03 // 800.97 // 773.00 // (3.49%)
XTO // 2003-12-03 // 26.18 // 28.06 // 7.18%
YELL // 2003-12-17 // 34.81 // 36.35 // 4.31%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18



52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

APCC // 2003-12-18 // 24.10 // 24.07 // 0.37%
ASF // 2003-12-03 // 15.08 // 17.30 // 14.72% <<<<<
AYE // 2003-12-22 // 11.30 // 11.30 // 0.00%
AZPN // 2003-12-19 // 9.96 // 9.96 // 0.00%
BEXP // 2003-12-05 // 8.22 // 7.55 // (8.15%)
BW // 2003-12-03 // 13.96 // 14.84 // 6.30%
CCK // 2003-12-19 // 9.00 // 9.07 // 0.78%
CERG // 2003-12-22 // 5.49 // 5.49 // 0.00%
CPRT // 2003-12-05 // 14.23 // 16.23 // 14.05% <<<<<
CSCO // 2003-12-04 // 23.98 // 23.98 // 0.00%
DITC // 2003-12-04 // 18.19 // 18.50 // 1.70%
EIX // 2003-12-08 // 21.37 // 21.60 // 1.08%
ESL // 2003-12-05 // 24.85 // 25.95 // 4.43%
ET // 2003-12-19 // 12.02 // 12.22 // 1.66%
FSII // 2003-12-03 // 7.00 // 7.22 // 3.14%
GMR // 2003-12-05 // 15.79 // 17.41 // 10.26% <<<<<
GPS // 2003-12-17 // 22.05 // 23.00 // 4.31%
GY // 2003-12-12 // 11.00 // 10.85 // (1.36%)
HOLX // 2003-12-12 // 17.25 // 17.00 // (1.45%)
KFY // 2003-12-10 // 11.22 // 12.90 // 14.97% <<<<<
LCAV // 2003-12-04 // 19.60 // 21.26 // 8.93% <<<<<
LNDC // 2003-12-09 // 6.47 // 6.26 // (3.40%)
MAPX // 2003-12-11 // 13.00 // 13.25 // 1.92%
MDCI // 2003-12-09 // 18.02 // 18.50 // 3.22%
NAFC // 2003-12-18 // 21.78 // 24.00 // 10.19% <<<<<
NMSS // 2003-12-18 // 6.17 // 6.11 // (0.97%)
NOBL // 2003-12-09 // 20.25 // 20.90 // 3.16%
NTPA // 2003-12-03 // 15.85 // 14.25 // (10.06%)
PBY // 2003-12-19 // 22.60 // 22.35 // (1.11%)
PKG // 2003-12-09 // 21.46 // 21.38 // (0.37%)
PMTI // 2003-12-17 // 9.88 // 10.00 // 1.21%
RFMI // 2003-12-09 // 9.82 // 9.10 // (7.33%)
RT // 2003-12-12 // 10.26 // 10.46 // 1.95%
SFY // 2003-12-08 // 15.14 // 17.02 // 12.42% <<<<<
SORC // 2003-12-11 // 10.52 // 11.06 // 4.95%
TMR // 2003-12-08 // 5.41 // 5.67 // 4.81%
TRR // 2003-12-08 // 21.30 // 21.25 // (0.23%)
TYC // 2003-12-10 // 24.32 // 25.90 // 6.50%
UCO // 2003-12-08 // 25.16 // 26.99 // 7.27%
USU // 2003-12-12 // 8.46 // 8.75 // 3.43%
VITR // 2003-12-19 // 7.10 // 6.96 // (1.97%)
WIND // 2003-12-18 // 8.07 // 8.12 // 0.63%
XEL // 2003-12-03 // 17.01 // 17.10 // 0.53%
XRX // 2003-12-04 // 12.49 // 13.18 // 5.52%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-23


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-23 // EBAY // A // 63.74 // 63.74 // 0.00 % // 62.00 was prev 5Y (actually >5Y) peak in 2003-Oct.
2003-12-23 // WPS // A // 45.75 // 45.75 // 0.00 % // 45.00 was prev 5Y (actually >16Y) peak in 2003-Oct.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-23 // ACXM // C // 18.65 // 18.65 // 0.00 % // Approaching resis at ~19.50, next resis ~42.00 (>3Y high, ATH).
2003-12-23 // AW // C // 13.69 // 13.69 // 0.00 % // Approaching resis at ~14.50, next resis ~18.50 (>2Y high).
2003-12-23 // DDN // C // 12.24 // 12.24 // 0.00 % // Approaching resis at ~14.00 (ATH).
2003-12-23 // EDO // C // 24.47 // 24.47 // 0.00 % // Approaching resis at ~28.00, next resis ~32.50 (>2Y high).
2003-12-23 // EGOV // A // 7.92 // 7.92 // 0.00 % // [190% 23.00]
2003-12-23 // GMAI // C // 12.77 // 12.77 // 0.00 % // Approaching resis at ~13.00, next resis ~20.00 (>3Y high).
2003-12-23 // ISSC // C // 17.78 // 17.78 // 0.00 % // Approaching resis at ~19.50 (>3Y high).
2003-12-23 // MESA // C // 13.85 // 13.85 // 0.00 % // Approaching resis at 15.50, next resis ~23.00 (>11Y high).
2003-12-23 // NOVL // C // 9.89 // 9.89 // 0.00 % // Approaching resis at 12.50, next resis ~35.00 (>3Y high).
2003-12-23 // PNK // C // 9.56 // 9.56 // 0.00 % // Approaching resis at 12.50, next resis 22.50 (>2Y high).
2003-12-23 // PSSI // A // 12.30 // 12.30 // 0.00 % // [103% 25.00]
2003-12-23 // PSYS // D // 18.70 // 18.70 // 0.00 % // Prev resis was 10.00 in 2003-Aug.
2003-12-23 // RKT // C // 17.66 // 17.66 // 0.00 % // Approaching resis at 19.00, next resis ~24.00 (>7Y high).
2003-12-23 // RX // C // 25.01 // 25.01 // 0.00 % // Approaching resis at 28.00, next resis 34.50 (>4Y high).
2003-12-23 // SHLM // C // 21.67 // 21.67 // 0.00 % // Approaching resis at 22.50, next resis 30.00 (>12Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 34.16 // 5.56%
AMB // 2003-12-08 // 32.32 // 32.96 // 1.98%
APU // 2003-12-08 // 27.21 // 27.84 // 2.32%
BCR // 2003-12-19 // 81.12 // 80.36 // (0.94%)
BLL // 2003-12-22 // 59.50 // 59.25 // (0.42%)
BMET // 2003-12-03 // 36.15 // 34.82 // (3.87%)
BPL // 2003-12-17 // 44.38 // 44.15 // (0.52%)
BR // 2003-12-18 // 56.32 // 55.01 // (2.33%)
BRK.A // 2003-12-03 // 84,399.98 // 83,000.00 // (1.66%)
BRL // 2003-12-03 // 83.34 // 78.26 // (6.10%)
CAT // 2003-12-16 // 81.02 // 83.65 // 3.25%
CHK // 2003-12-12 // 13.15 // 13.03 // (0.76%)
CMX // 2003-12-03 // 27.58 // 25.40 // (7.90%)
CRK // 2003-12-11 // 18.63 // 19.50 // 4.67%
CRR // 2003-12-05 // 48.24 // 51.74 // 7.26%
CW // 2003-12-05 // 41.53 // 46.52 // 11.88% <<<<<
DE // 2003-12-18 // 66.65 // 67.04 // 1.40%
EBAY // 2003-12-23 // 63.74 // 63.74 // 0.00%
EQT // 2003-12-05 // 42.15 // 43.00 // 2.02%
ETN // 2003-12-03 // 105.25 // 107.86 // 2.48%
ETR // 2003-12-17 // 55.70 // 56.61 // 1.63%
EVG // 2003-12-04 // 30.09 // 32.50 // 8.01% <<<<<
FBR // 2003-12-05 // 21.78 // 22.91 // 5.19%
FRX // 2003-12-19 // 62.51 // 61.50 // (1.02%)
GWR // 2003-12-16 // 29.19 // 31.60 // 8.26% <<<<<
HMA // 2003-12-03 // 26.29 // 23.81 // (9.43%)
IEX // 2003-12-08 // 41.40 // 41.28 // (0.29%)
IGT // 2003-12-17 // 35.40 // 35.53 // 0.37%
ITT // 2003-12-18 // 73.95 // 73.21 // (1.00%)
ITW // 2003-12-09 // 82.71 // 83.83 // 1.35%
KRI // 2003-12-03 // 75.33 // 76.04 // 0.94%
MBG // 2003-12-11 // 44.61 // 46.38 // 3.97%
MCHP // 2003-12-03 // 35.66 // 32.74 // (8.30%)
MHM // 2003-12-16 // 26.02 // 25.80 // (0.85%)
MI // 2003-12-03 // 37.37 // 37.82 // 1.20%
MME // 2003-12-17 // 62.97 // 63.12 // 0.24%
MNI // 2003-12-18 // 68.25 // 67.98 // (0.40%)
MOG.A // 2003-12-04 // 46.68 // 49.75 // 6.58%
MTX // 2003-12-11 // 58.45 // 59.05 // 1.03%
MUR // 2003-12-12 // 63.32 // 66.26 // 4.64%
NCEN // 2003-12-05 // 39.62 // 39.58 // (0.30%)
NDSN // 2003-12-11 // 34.35 // 35.72 // 3.99%
NX // 2003-12-17 // 44.86 // 45.66 // 1.78%
ORI // 2003-12-04 // 37.98 // 37.50 // (1.26%)
PAA // 2003-12-17 // 32.46 // 31.96 // (1.54%)
PGR // 2003-12-12 // 82.13 // 81.75 // (0.46%)
PH // 2003-12-04 // 57.10 // 58.86 // 3.08%
PII // 2003-12-09 // 88.85 // 87.29 // (1.76%)
PLL // 2003-12-22 // 26.72 // 26.50 // (0.82%)
PNY // 2003-12-12 // 41.91 // 43.35 // 3.44%
PRA // 2003-12-04 // 31.86 // 32.70 // 2.64%
PXD // 2003-12-08 // 30.16 // 31.26 // 3.65%
SIE // 2003-12-04 // 29.42 // 27.00 // (8.23%)
SSD // 2003-12-11 // 51.38 // 51.65 // 0.53%
STR // 2003-12-22 // 35.20 // 35.35 // 0.43%
SWN // 2003-12-10 // 21.33 // 22.88 // 7.27%
TII // 2003-12-04 // 32.40 // 34.50 // 6.48%
TMK // 2003-12-11 // 44.89 // 44.78 // (0.24%)
TPP // 2003-12-08 // 40.10 // 40.15 // 0.12%
UTX // 2003-12-03 // 87.27 // 94.98 // 8.83% <<<<<
WFMI // 2003-12-19 // 65.73 // 66.70 // 1.35%
WGR // 2003-12-04 // 46.16 // 46.90 // 1.60%
WLP // 2003-12-03 // 95.42 // 94.49 // (0.97%)
WPO // 2003-12-03 // 800.97 // 787.74 // (1.65%)
WPS // 2003-12-23 // 45.75 // 45.75 // 0.00%
XTO // 2003-12-03 // 26.18 // 27.97 // 6.84%
YELL // 2003-12-17 // 34.81 // 36.35 // 4.31%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

APCC // 2003-12-18 // 24.10 // 24.19 // 0.62%
ASF // 2003-12-03 // 15.08 // 16.95 // 12.40% <<<<<
AYE // 2003-12-22 // 11.30 // 12.05 // 7.88% <<<<<
AZPN // 2003-12-19 // 9.96 // 9.87 // (0.90%)
BEXP // 2003-12-05 // 8.22 // 7.57 // (7.91%)
BW // 2003-12-03 // 13.96 // 15.25 // 9.24% <<<<<
CCK // 2003-12-19 // 9.00 // 9.11 // 1.22%
CERG // 2003-12-22 // 5.49 // 5.50 // 0.18%
CSCO // 2003-12-04 // 23.98 // 23.94 // (0.38%)
DITC // 2003-12-04 // 18.19 // 18.70 // 2.80%
EGOV // 2003-12-23 // 7.92 // 7.92 // 0.00%
EIX // 2003-12-08 // 21.37 // 21.78 // 1.92%
ESL // 2003-12-05 // 24.85 // 27.10 // 9.05% <<<<<
ET // 2003-12-19 // 12.02 // 12.28 // 2.16%
FSII // 2003-12-03 // 7.00 // 7.31 // 4.43%
GMR // 2003-12-05 // 15.79 // 17.45 // 10.51% <<<<<
GPS // 2003-12-17 // 22.05 // 23.19 // 5.17%
GY // 2003-12-12 // 11.00 // 11.07 // 0.64%
HOLX // 2003-12-12 // 17.25 // 17.36 // 0.64%
KFY // 2003-12-10 // 11.22 // 12.90 // 14.97% <<<<<
LCAV // 2003-12-04 // 19.60 // 21.08 // 5.92%
LNDC // 2003-12-09 // 6.47 // 6.34 // (2.01%)
MAPX // 2003-12-11 // 13.00 // 13.43 // 3.31%
MDCI // 2003-12-09 // 18.02 // 18.56 // 3.37%
NAFC // 2003-12-18 // 21.78 // 23.75 // 9.04% <<<<<
NMSS // 2003-12-18 // 6.17 // 6.10 // (1.13%)
NOBL // 2003-12-09 // 20.25 // 21.04 // 3.90%
NTPA // 2003-12-03 // 15.85 // 14.59 // (8.26%)
PBY // 2003-12-19 // 22.60 // 22.34 // (1.15%)
PKG // 2003-12-09 // 21.46 // 21.35 // (0.51%)
PMTI // 2003-12-17 // 9.88 // 10.06 // 1.82%
PSSI // 2003-12-23 // 12.30 // 12.30 // 0.00%
RFMI // 2003-12-09 // 9.82 // 9.21 // (6.21%)
RT // 2003-12-12 // 10.26 // 10.94 // 6.63%
SFY // 2003-12-08 // 15.14 // 17.02 // 12.42% <<<<<
SORC // 2003-12-11 // 10.52 // 11.08 // 5.32%
TMR // 2003-12-08 // 5.41 // 5.67 // 4.81%
TRR // 2003-12-08 // 21.30 // 21.53 // 1.08%
TYC // 2003-12-10 // 24.32 // 26.54 // 9.13% <<<<<
UCO // 2003-12-08 // 25.16 // 26.66 // 5.96%
USU // 2003-12-12 // 8.46 // 8.77 // 3.66%
VITR // 2003-12-19 // 7.10 // 7.45 // 4.93%
WIND // 2003-12-18 // 8.07 // 8.49 // 5.20%
XEL // 2003-12-03 // 17.01 // 17.29 // 1.65%
XRX // 2003-12-04 // 12.49 // 13.71 // 9.77% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-24


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-24 // FCE.a // D // 47.75 // 47.75 // 0.00 % // 40.00 was prev resis in 2002-May.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-24 // ASPT // B // 16.55 // 16.55 // 0.00 % // [39% 23.00]
2003-12-24 // CPHD // B // 9.27 // 9.27 // 0.00 % // [115% 20.00]
2003-12-24 // HNR // B // 9.38 // 9.38 // 0.00 % // [81% 17.00]
2003-12-24 // OO // B // 13.76 // 13.76 // 0.00 % // [45% 20.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 34.16 // 5.56%
AMB // 2003-12-08 // 32.32 // 32.96 // 1.98%
APU // 2003-12-08 // 27.21 // 27.84 // 2.32%
BCR // 2003-12-19 // 81.12 // 80.36 // (0.94%)
BLL // 2003-12-22 // 59.50 // 59.25 // (0.42%)
BMET // 2003-12-03 // 36.15 // 34.82 // (3.87%)
BPL // 2003-12-17 // 44.38 // 44.15 // (0.52%)
BR // 2003-12-18 // 56.32 // 55.01 // (2.33%)
BRK.A // 2003-12-03 // 84,399.98 // 83,000.00 // (1.66%)
BRL // 2003-12-03 // 83.34 // 78.26 // (6.10%)
CAT // 2003-12-16 // 81.02 // 83.65 // 3.25%
CHK // 2003-12-12 // 13.15 // 13.03 // (0.76%)
CMX // 2003-12-03 // 27.58 // 25.40 // (7.90%)
CRK // 2003-12-11 // 18.63 // 19.50 // 4.67%
CRR // 2003-12-05 // 48.24 // 51.74 // 7.26%
CW // 2003-12-05 // 41.53 // 46.52 // 11.88% <<<<<
DE // 2003-12-18 // 66.65 // 67.04 // 1.40%
EBAY // 2003-12-23 // 63.74 // 64.02 // 0.40%
EQT // 2003-12-05 // 42.15 // 43.00 // 2.02%
ETN // 2003-12-03 // 105.25 // 107.86 // 2.48%
ETR // 2003-12-17 // 55.70 // 56.61 // 1.63%
EVG // 2003-12-04 // 30.09 // 32.50 // 8.01% <<<<<
FBR // 2003-12-05 // 21.78 // 22.91 // 5.19%
FRX // 2003-12-19 // 62.51 // 61.50 // (1.02%)
GWR // 2003-12-16 // 29.19 // 31.60 // 8.26% <<<<<
HMA // 2003-12-03 // 26.29 // 23.81 // (9.43%)
IEX // 2003-12-08 // 41.40 // 41.28 // (0.29%)
IGT // 2003-12-17 // 35.40 // 35.53 // 0.37%
ITT // 2003-12-18 // 73.95 // 73.21 // (1.00%)
ITW // 2003-12-09 // 82.71 // 83.83 // 1.35%
KRI // 2003-12-03 // 75.33 // 76.04 // 0.94%
MBG // 2003-12-11 // 44.61 // 46.38 // 3.97%
MCHP // 2003-12-03 // 35.66 // 32.74 // (8.30%)
MHM // 2003-12-16 // 26.02 // 25.80 // (0.85%)
MI // 2003-12-03 // 37.37 // 37.82 // 1.20%
MME // 2003-12-17 // 62.97 // 63.12 // 0.24%
MNI // 2003-12-18 // 68.25 // 67.98 // (0.40%)
MOG.A // 2003-12-04 // 46.68 // 49.75 // 6.58%
MTX // 2003-12-11 // 58.45 // 59.05 // 1.03%
MUR // 2003-12-12 // 63.32 // 66.26 // 4.64%
NCEN // 2003-12-05 // 39.62 // 39.58 // (0.30%)
NDSN // 2003-12-11 // 34.35 // 35.72 // 3.99%
NX // 2003-12-17 // 44.86 // 45.66 // 1.78%
ORI // 2003-12-04 // 37.98 // 37.50 // (1.26%)
PAA // 2003-12-17 // 32.46 // 31.96 // (1.54%)
PGR // 2003-12-12 // 82.13 // 81.75 // (0.46%)
PH // 2003-12-04 // 57.10 // 58.86 // 3.08%
PII // 2003-12-09 // 88.85 // 87.29 // (1.76%)
PLL // 2003-12-22 // 26.72 // 26.50 // (0.82%)
PNY // 2003-12-12 // 41.91 // 43.35 // 3.44%
PRA // 2003-12-04 // 31.86 // 32.70 // 2.64%
PXD // 2003-12-08 // 30.16 // 31.26 // 3.65%
SIE // 2003-12-04 // 29.42 // 27.00 // (8.23%)
SSD // 2003-12-11 // 51.38 // 51.65 // 0.53%
STR // 2003-12-22 // 35.20 // 35.35 // 0.43%
SWN // 2003-12-10 // 21.33 // 22.88 // 7.27%
TII // 2003-12-04 // 32.40 // 34.50 // 6.48%
TMK // 2003-12-11 // 44.89 // 44.78 // (0.24%)
TPP // 2003-12-08 // 40.10 // 40.15 // 0.12%
UTX // 2003-12-03 // 87.27 // 94.98 // 8.83% <<<<<
WFMI // 2003-12-19 // 65.73 // 66.70 // 1.35%
WGR // 2003-12-04 // 46.16 // 46.90 // 1.60%
WLP // 2003-12-03 // 95.42 // 94.49 // (0.97%)
WPO // 2003-12-03 // 800.97 // 787.74 // (1.65%)
WPS // 2003-12-23 // 45.75 // 46.01 // 0.56%
XTO // 2003-12-03 // 26.18 // 27.97 // 6.84%
YELL // 2003-12-17 // 34.81 // 36.35 // 4.31%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

APCC // 2003-12-18 // 24.10 // 24.19 // 0.62%
ASF // 2003-12-03 // 15.08 // 16.95 // 12.40% <<<<<
ASPT // 2003-12-24 // 16.55 // 16.55 // 0.00%
AYE // 2003-12-22 // 11.30 // 12.05 // 7.88% <<<<<
AZPN // 2003-12-19 // 9.96 // 9.87 // (0.90%)
BEXP // 2003-12-05 // 8.22 // 7.57 // (7.91%)
BW // 2003-12-03 // 13.96 // 15.25 // 9.24% <<<<<
CCK // 2003-12-19 // 9.00 // 9.11 // 1.22%
CERG // 2003-12-22 // 5.49 // 5.50 // 0.18%
CPHD // 2003-12-24 // 9.27 // 9.27 // 0.00%
CSCO // 2003-12-04 // 23.98 // 23.94 // (0.38%)
DITC // 2003-12-04 // 18.19 // 18.70 // 2.80%
EGOV // 2003-12-23 // 7.92 // 8.00 // 1.01%
EIX // 2003-12-08 // 21.37 // 21.78 // 1.92%
ESL // 2003-12-05 // 24.85 // 27.10 // 9.05% <<<<<
ET // 2003-12-19 // 12.02 // 12.28 // 2.16%
FSII // 2003-12-03 // 7.00 // 7.31 // 4.43%
GMR // 2003-12-05 // 15.79 // 17.45 // 10.51% <<<<<
GPS // 2003-12-17 // 22.05 // 23.19 // 5.17%
GY // 2003-12-12 // 11.00 // 11.07 // 0.64%
HNR // 2003-12-24 // 9.38 // 9.38 // 0.00%
HOLX // 2003-12-12 // 17.25 // 17.36 // 0.64%
KFY // 2003-12-10 // 11.22 // 12.90 // 14.97% <<<<<
LCAV // 2003-12-04 // 19.60 // 21.08 // 5.92%
LNDC // 2003-12-09 // 6.47 // 6.34 // (2.01%)
MAPX // 2003-12-11 // 13.00 // 13.43 // 3.31%
MDCI // 2003-12-09 // 18.02 // 18.56 // 3.37%
NAFC // 2003-12-18 // 21.78 // 23.75 // 9.04% <<<<<
NMSS // 2003-12-18 // 6.17 // 6.10 // (1.13%)
NOBL // 2003-12-09 // 20.25 // 21.04 // 3.90%
NTPA // 2003-12-03 // 15.85 // 14.59 // (8.26%)
OO // 2003-12-24 // 13.76 // 13.76 // 0.00%
PBY // 2003-12-19 // 22.60 // 22.34 // (1.15%)
PKG // 2003-12-09 // 21.46 // 21.35 // (0.51%)
PMTI // 2003-12-17 // 9.88 // 10.06 // 1.82%
PSSI // 2003-12-23 // 12.30 // 12.38 // 0.65%
RFMI // 2003-12-09 // 9.82 // 9.21 // (6.21%)
RT // 2003-12-12 // 10.26 // 10.94 // 6.63%
SFY // 2003-12-08 // 15.14 // 17.02 // 12.42% <<<<<
SORC // 2003-12-11 // 10.52 // 11.08 // 5.32%
TMR // 2003-12-08 // 5.41 // 5.67 // 4.81%
TRR // 2003-12-08 // 21.30 // 21.53 // 1.08%
TYC // 2003-12-10 // 24.32 // 26.54 // 9.13% <<<<<
UCO // 2003-12-08 // 25.16 // 26.66 // 5.96%
USU // 2003-12-12 // 8.46 // 8.77 // 3.66%
VITR // 2003-12-19 // 7.10 // 7.45 // 4.93%
WIND // 2003-12-18 // 8.07 // 8.49 // 5.20%
XEL // 2003-12-03 // 17.01 // 17.29 // 1.65%
XRX // 2003-12-04 // 12.49 // 13.71 // 9.77% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-26


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-26 // MATK // A // 63.74 // 63.74 // 0.00 % // 58.00 was prev 5Y (actually >9Y) peak in 2003-Sep.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-26 // BCSI // A // 22.85 // 22.85 // 0.00 % // [119% 50.00]
2003-12-26 // CPE // C // 11.18 // 11.18 // 0.00 % // Approaching resis at ~13.50, next resis ~17.50 (>3Y high).
2003-12-26 // MAXM // A // 8.91 // 8.91 // 0.00 % // [595% 62.00]
2003-12-26 // SRP // C // 7.35 // 7.35 // 0.00 % // Approaching resis at ~9.00, next resis ~17.00 (>3Y high).
2003-12-26 // TMO // C // 25.00 // 25.00 // 0.00 % // Approaching resis at ~30.00, next resis ~42.50 (>16Y high).
2003-12-26 // TRPH // B // 6.95 // 6.95 // 0.00 % // [44% 10.00]
2003-12-26 // VYYO // A // 8.75 // 8.75 // 0.00 % // [300% 35.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 33.84 // 4.57%
AMB // 2003-12-08 // 32.32 // 33.15 // 2.57%
APU // 2003-12-08 // 27.21 // 27.74 // 1.95%
BCR // 2003-12-19 // 81.12 // 80.58 // (0.67%)
BLL // 2003-12-22 // 59.50 // 59.03 // (0.79%)
BMET // 2003-12-03 // 36.15 // 35.06 // (1.80%)
BPL // 2003-12-17 // 44.38 // 44.06 // (0.72%)
BR // 2003-12-18 // 56.32 // 56.10 // (0.39%)
BRK.A // 2003-12-03 // 84,399.98 // 82,800.00 // (1.90%)
BRL // 2003-12-03 // 83.34 // 77.46 // (7.06%)
CAT // 2003-12-16 // 81.02 // 83.71 // 3.32%
CHK // 2003-12-12 // 13.15 // 13.56 // 3.12%
CMX // 2003-12-03 // 27.58 // 25.49 // (7.58%)
CRK // 2003-12-11 // 18.63 // 19.42 // 4.24%
CRR // 2003-12-05 // 48.24 // 51.42 // 6.59%
CW // 2003-12-05 // 41.53 // 46.44 // 11.69% <<<<<
DE // 2003-12-18 // 66.65 // 64.32 // (3.50%)
EBAY // 2003-12-23 // 63.74 // 63.40 // (0.54%)
EQT // 2003-12-05 // 42.15 // 43.16 // 2.40%
ETN // 2003-12-03 // 105.25 // 107.75 // 2.38%
ETR // 2003-12-17 // 55.70 // 56.35 // 1.17%
EVG // 2003-12-04 // 30.09 // 32.80 // 9.01% <<<<<
FBR // 2003-12-05 // 21.78 // 23.59 // 6.98%
FRX // 2003-12-19 // 62.51 // 62.35 // (0.26%)
GWR // 2003-12-16 // 29.19 // 31.93 // 9.39% <<<<<
HMA // 2003-12-03 // 26.29 // 24.01 // (8.67%)
IEX // 2003-12-08 // 41.40 // 41.21 // (0.46%)
IGT // 2003-12-17 // 35.40 // 35.72 // 0.90%
ITT // 2003-12-18 // 73.95 // 73.85 // (0.14%)
ITW // 2003-12-09 // 82.71 // 83.69 // 1.18%
KRI // 2003-12-03 // 75.33 // 76.09 // 1.01%
MATK // 2003-12-26 // 63.74 // 63.74 // 0.00%
MBG // 2003-12-11 // 44.61 // 45.16 // 1.23%
MCHP // 2003-12-03 // 35.66 // 32.30 // (9.39%)
MHM // 2003-12-16 // 26.02 // 26.24 // 0.85%
MI // 2003-12-03 // 37.37 // 37.86 // 1.31%
MME // 2003-12-17 // 62.97 // 63.59 // 0.98%
MNI // 2003-12-18 // 68.25 // 67.99 // (0.38%)
MOG.A // 2003-12-04 // 46.68 // 49.50 // 6.04%
MTX // 2003-12-11 // 58.45 // 59.01 // 0.96%
MUR // 2003-12-12 // 63.32 // 67.55 // 6.68%
NCEN // 2003-12-05 // 39.62 // 39.60 // (0.07%)
NDSN // 2003-12-11 // 34.35 // 35.09 // 2.15%
NX // 2003-12-17 // 44.86 // 45.85 // 2.21%
ORI // 2003-12-04 // 37.98 // 37.76 // (0.58%)
PAA // 2003-12-17 // 32.46 // 32.07 // (1.20%)
PGR // 2003-12-12 // 82.13 // 82.45 // 0.39%
PH // 2003-12-04 // 57.10 // 58.67 // 2.75%
PII // 2003-12-09 // 88.85 // 87.30 // (1.74%)
PLL // 2003-12-22 // 26.72 // 26.70 // (0.07%)
PNY // 2003-12-12 // 41.91 // 43.36 // 3.46%
PRA // 2003-12-04 // 31.86 // 32.40 // 1.69%
PXD // 2003-12-08 // 30.16 // 32.15 // 6.60%
SIE // 2003-12-04 // 29.42 // 27.29 // (7.24%)
SSD // 2003-12-11 // 51.38 // 50.57 // (1.58%)
STR // 2003-12-22 // 35.20 // 35.34 // 0.40%
TII // 2003-12-04 // 32.40 // 34.20 // 5.56%
TMK // 2003-12-11 // 44.89 // 44.60 // (0.65%)
TPP // 2003-12-08 // 40.10 // 40.41 // 0.77%
UTX // 2003-12-03 // 87.27 // 94.66 // 8.47% <<<<<
WFMI // 2003-12-19 // 65.73 // 66.85 // 1.86%
WGR // 2003-12-04 // 46.16 // 47.24 // 2.34%
WLP // 2003-12-03 // 95.42 // 95.25 // (0.13%)
WPO // 2003-12-03 // 800.97 // 788.87 // (1.51%)
WPS // 2003-12-23 // 45.75 // 45.82 // 0.15%
XTO // 2003-12-03 // 26.18 // 28.41 // 8.52% <<<<<
YELL // 2003-12-17 // 34.81 // 35.74 // 3.16%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

APCC // 2003-12-18 // 24.10 // 24.06 // (0.17%)
ASF // 2003-12-03 // 15.08 // 17.29 // 14.66% <<<<<
ASPT // 2003-12-24 // 16.55 // 15.94 // (3.69%)
AYE // 2003-12-22 // 11.30 // 12.67 // 12.12% <<<<<
AZPN // 2003-12-19 // 9.96 // 9.77 // (1.91%)
BCSI // 2003-12-26 // 22.85 // 22.85 // 0.00%
BEXP // 2003-12-05 // 8.22 // 8.07 // (4.74%)
BW // 2003-12-03 // 13.96 // 15.25 // 9.24% <<<<<
CCK // 2003-12-19 // 9.00 // 9.13 // 0.22%
CERG // 2003-12-22 // 5.49 // 5.62 // 2.39%
CPHD // 2003-12-24 // 9.27 // 9.49 // 2.37%
CSCO // 2003-12-04 // 23.98 // 23.75 // (0.96%)
DITC // 2003-12-04 // 18.19 // 18.89 // 3.74%
EGOV // 2003-12-23 // 7.92 // 8.05 // 1.64%
EIX // 2003-12-08 // 21.37 // 21.65 // 1.31%
ESL // 2003-12-05 // 24.85 // 26.65 // 7.24%
ET // 2003-12-19 // 12.02 // 12.34 // 2.66%
FSII // 2003-12-03 // 7.00 // 7.34 // 4.86%
GMR // 2003-12-05 // 15.79 // 17.46 // 10.58% <<<<<
GPS // 2003-12-17 // 22.05 // 22.96 // 4.13%
GY // 2003-12-12 // 11.00 // 10.92 // (0.73%)
HNR // 2003-12-24 // 9.38 // 9.29 // (0.96%)
HOLX // 2003-12-12 // 17.25 // 17.10 // (0.87%)
LCAV // 2003-12-04 // 19.60 // 21.88 // 11.63% <<<<<
LNDC // 2003-12-09 // 6.47 // 6.37 // (0.46%)
MAPX // 2003-12-11 // 13.00 // 13.53 // 4.08%
MAXM // 2003-12-26 // 8.91 // 8.91 // 0.00%
MDCI // 2003-12-09 // 18.02 // 18.79 // 4.11%
NAFC // 2003-12-18 // 21.78 // 23.74 // 9.00% <<<<<
NMSS // 2003-12-18 // 6.17 // 6.09 // (1.30%)
NOBL // 2003-12-09 // 20.25 // 20.90 // 3.21%
NTPA // 2003-12-03 // 15.85 // 15.35 // (3.15%)
OO // 2003-12-24 // 13.76 // 13.90 // 1.02%
PBY // 2003-12-19 // 22.60 // 22.54 // (0.27%)
PKG // 2003-12-09 // 21.46 // 21.33 // (0.61%)
PMTI // 2003-12-17 // 9.88 // 10.42 // 5.57%
PSSI // 2003-12-23 // 12.30 // 12.68 // 3.09%
RFMI // 2003-12-09 // 9.82 // 9.32 // (5.09%)
RT // 2003-12-12 // 10.26 // 11.25 // 9.65% <<<<<
SFY // 2003-12-08 // 15.14 // 17.02 // 12.42% <<<<<
SORC // 2003-12-11 // 10.52 // 10.98 // 4.37%
TMR // 2003-12-08 // 5.41 // 5.80 // 7.21%
TRPH // 2003-12-26 // 6.95 // 6.95 // 0.00%
TRR // 2003-12-08 // 21.30 // 20.99 // (1.46%)
TYC // 2003-12-10 // 24.32 // 26.20 // 7.73% <<<<<
UCO // 2003-12-08 // 25.16 // 26.99 // 7.27%
USU // 2003-12-12 // 8.46 // 8.85 // 4.61%
VITR // 2003-12-19 // 7.10 // 7.25 // 2.11%
VYYO // 2003-12-26 // 8.75 // 8.75 // 0.00%
WIND // 2003-12-18 // 8.07 // 8.50 // 5.33%
XEL // 2003-12-03 // 17.01 // 17.28 // 1.59%
XRX // 2003-12-04 // 12.49 // 13.60 // 8.89% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[Tsevni98]

I am trying to read your analysis posted Monday at 6:30PM

You are saying that anything with an A you should buy right away???


SO in your latest post your program recomends buying

BCSI, MAXM, and VYYO??

Thanks TSEVNi :roll:

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-29


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-29 // CVH // B // 65.76 // 65.76 // 0.00 % // 58.00 was prev 5Y (actually >4Y) peak in 2003-Nov.
2003-12-29 // HRB // A // 54.70 // 54.70 // 0.00 % // 54.50 was prev 5Y (actually >17Y) peak in 2003-Nov.
2003-12-29 // MCO // A // 60.20 // 60.20 // 0.00 % // 60.00 was prev 5Y (actually >3Y) peak in 2003-Sep.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-29 // ACF // B // 15.70 // 15.70 // 0.00 % // [27% 20.00]
2003-12-29 // BCO // C // 23.21 // 23.21 // 0.00 % // Approaching resis at ~25.00, next resis ~28.50 (>1.5Y high).
2003-12-29 // CNMD // C // 24.11 // 24.11 // 0.00 % // Approaching resis at ~26.50 (>5Y high).
2003-12-29 // GEG // B // 6.90 // 6.90 // 0.00 % // [45% 10.00]
2003-12-29 // GTI // C // 13.82 // 13.82 // 0.00 % // Approaching resis at ~15.00, next resis ~28.00 (>4Y high).
2003-12-29 // HPC // C // 12.12 // 12.12 // 0.00 % // Approaching resis at ~13.50, next resis ~14.50 (>3Y high).
2003-12-29 // IES // C // 9.55 // 9.55 // 0.00 % // Approaching resis at 10.00, next resis ~18.00 (>5Y high).
2003-12-29 // LFB // C // 12.39 // 12.39 // 0.00 % // Approaching resis at ~13.00, next resis ~16.50 (>6Y high).
2003-12-29 // NANX // C // 8.96 // 8.96 // 0.00 % // Approaching resis at ~12.00, next resis ~17.00 (>4Y high).
2003-12-29 // RWY // C // 8.13 // 8.13 // 0.00 % // Approaching resis at ~9.50, next resis ~13.00 (>3Y high).
2003-12-29 // TKTX // A // 16.05 // 16.05 // 0.00 % // [149% ~40.00]
2003-12-29 // UPL // D // 25.45 // 25.45 // 0.00 % // Prev resis 14.50 in 2003-Sep.
2003-12-29 // UPS // C // 74.81 // 74.81 // 0.00 % // Approaching resis at ~75.00 (ATH, <5Y price data).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 34.56 // 6.80%
AMB // 2003-12-08 // 32.32 // 33.12 // 2.48%
APU // 2003-12-08 // 27.21 // 27.99 // 2.87%
BCR // 2003-12-19 // 81.12 // 80.93 // (0.23%)
BLL // 2003-12-22 // 59.50 // 58.74 // (1.28%)
BMET // 2003-12-03 // 36.15 // 35.57 // (2.05%)
BPL // 2003-12-17 // 44.38 // 45.08 // 1.58%
BR // 2003-12-18 // 56.32 // 56.90 // 1.03%
BRK.A // 2003-12-03 // 84,399.98 // 84,200.00 // (0.24%)
BRL // 2003-12-03 // 83.34 // 78.04 // (6.36%)
CAT // 2003-12-16 // 81.02 // 84.60 // 4.42%
CHK // 2003-12-12 // 13.15 // 13.95 // 6.08%
CMX // 2003-12-03 // 27.58 // 25.92 // (6.02%)
CRK // 2003-12-11 // 18.63 // 19.80 // 6.28%
CRR // 2003-12-05 // 48.24 // 52.46 // 8.75% <<<<<
CVH // 2003-12-29 // 65.76 // 65.76 // 0.00%
CW // 2003-12-05 // 41.53 // 47.23 // 13.59% <<<<<
DE // 2003-12-18 // 66.65 // 64.50 // (3.23%)
EBAY // 2003-12-23 // 63.74 // 64.16 // 0.50%
EQT // 2003-12-05 // 42.15 // 43.25 // 2.61%
ETN // 2003-12-03 // 105.25 // 108.65 // 3.23%
ETR // 2003-12-17 // 55.70 // 57.06 // 2.44%
EVG // 2003-12-04 // 30.09 // 33.31 // 10.70% <<<<<
FBR // 2003-12-05 // 21.78 // 23.64 // 8.54%
FRX // 2003-12-19 // 62.51 // 62.23 // (0.45%)
GWR // 2003-12-16 // 29.19 // 33.55 // 14.94% <<<<<
HMA // 2003-12-03 // 26.29 // 24.32 // (7.49%)
HRB // 2003-12-29 // 54.70 // 54.70 // 0.00%
IEX // 2003-12-08 // 41.40 // 41.65 // 0.60%
IGT // 2003-12-17 // 35.40 // 36.02 // 1.75%
ITT // 2003-12-18 // 73.95 // 74.00 // 0.07%
ITW // 2003-12-09 // 82.71 // 84.15 // 1.74%
KRI // 2003-12-03 // 75.33 // 76.63 // 1.73%
MATK // 2003-12-26 // 63.74 // 66.76 // 4.60%
MBG // 2003-12-11 // 44.61 // 45.30 // 1.55%
MCHP // 2003-12-03 // 35.66 // 33.52 // (6.03%)
MCO // 2003-12-29 // 60.20 // 60.20 // 0.00%
MHM // 2003-12-16 // 26.02 // 25.55 // (1.81%)
MI // 2003-12-03 // 37.37 // 38.35 // 2.62%
MME // 2003-12-17 // 62.97 // 64.77 // 2.86%
MNI // 2003-12-18 // 68.25 // 69.80 // 2.27%
MOG.A // 2003-12-04 // 46.68 // 50.15 // 7.43%
MTX // 2003-12-11 // 58.45 // 60.40 // 3.34%
MUR // 2003-12-12 // 63.32 // 68.26 // 7.80%
NCEN // 2003-12-05 // 39.62 // 39.73 // 0.60%
NDSN // 2003-12-11 // 34.35 // 35.89 // 4.63%
NX // 2003-12-17 // 44.86 // 47.30 // 5.44%
ORI // 2003-12-04 // 37.98 // 37.64 // (0.90%)
PAA // 2003-12-17 // 32.46 // 32.35 // (0.34%)
PGR // 2003-12-12 // 82.13 // 83.28 // 1.40%
PH // 2003-12-04 // 57.10 // 59.30 // 3.85%
PII // 2003-12-09 // 88.85 // 87.03 // (2.05%)
PLL // 2003-12-22 // 26.72 // 26.97 // 0.94%
PNY // 2003-12-12 // 41.91 // 43.38 // 3.51%
PRA // 2003-12-04 // 31.86 // 32.72 // 2.70%
PXD // 2003-12-08 // 30.16 // 32.75 // 8.59% <<<<<
SIE // 2003-12-04 // 29.42 // 28.13 // (4.38%)
SSD // 2003-12-11 // 51.38 // 51.90 // 1.01%
STR // 2003-12-22 // 35.20 // 35.29 // 0.26%
TII // 2003-12-04 // 32.40 // 34.31 // 5.90%
TMK // 2003-12-11 // 44.89 // 45.10 // 0.47%
TPP // 2003-12-08 // 40.10 // 40.90 // 2.00%
UTX // 2003-12-03 // 87.27 // 95.54 // 9.48% <<<<<
WFMI // 2003-12-19 // 65.73 // 67.00 // 1.83%
WGR // 2003-12-04 // 46.16 // 47.50 // 2.90%
WLP // 2003-12-03 // 95.42 // 96.20 // 0.92%
WPO // 2003-12-03 // 800.97 // 798.00 // (0.37%)
WPS // 2003-12-23 // 45.75 // 46.41 // 1.44%
XTO // 2003-12-03 // 26.18 // 29.15 // 11.34% <<<<<
YELL // 2003-12-17 // 34.81 // 36.67 // 5.34%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 15.70 // 0.00%
APCC // 2003-12-18 // 24.10 // 24.50 // 1.66%
ASPT // 2003-12-24 // 16.55 // 16.30 // (1.58%)
AYE // 2003-12-22 // 11.30 // 12.92 // 14.34% <<<<<
AZPN // 2003-12-19 // 9.96 // 10.40 // 4.42%
BCSI // 2003-12-26 // 22.85 // 24.42 // 6.87%
BEXP // 2003-12-05 // 8.22 // 7.73 // (5.84%)
BW // 2003-12-03 // 13.96 // 15.48 // 10.89% <<<<<
CCK // 2003-12-19 // 9.00 // 9.50 // 5.56%
CERG // 2003-12-22 // 5.49 // 6.00 // 9.29% <<<<<
CPHD // 2003-12-24 // 9.27 // 9.61 // 3.34%
CSCO // 2003-12-04 // 23.98 // 24.40 // 1.75%
DITC // 2003-12-04 // 18.19 // 19.10 // 5.17%
EGOV // 2003-12-23 // 7.92 // 8.47 // 6.06%
EIX // 2003-12-08 // 21.37 // 21.81 // 2.06%
ESL // 2003-12-05 // 24.85 // 27.48 // 10.58% <<<<<
ET // 2003-12-19 // 12.02 // 12.74 // 5.99%
FSII // 2003-12-03 // 7.00 // 7.34 // 4.86%
GEG // 2003-12-29 // 6.90 // 6.90 // 0.00%
GMR // 2003-12-05 // 15.79 // 17.73 // 12.29% <<<<<
GPS // 2003-12-17 // 22.05 // 23.16 // 5.03%
GY // 2003-12-12 // 11.00 // 11.22 // 2.00%
HNR // 2003-12-24 // 9.38 // 9.95 // 6.08%
OLX // 2003-12-12 // 17.25 // 17.10 // (0.87%)
LCAV // 2003-12-04 // 19.60 // 21.40 // 9.18% <<<<<
LNDC // 2003-12-09 // 6.47 // 6.42 // (0.77%)
MAPX // 2003-12-11 // 13.00 // 13.74 // 5.69%
MAXM // 2003-12-26 // 8.91 // 8.90 // (0.11%)
MDCI // 2003-12-09 // 18.02 // 19.06 // 5.78%
NAFC // 2003-12-18 // 21.78 // 24.70 // 13.41% <<<<<
NMSS // 2003-12-18 // 6.17 // 6.45 // 4.54%
NOBL // 2003-12-09 // 20.25 // 21.99 // 8.59%
NTPA // 2003-12-03 // 15.85 // 15.15 // (4.42%)
OO // 2003-12-24 // 13.76 // 14.10 // 2.47%
PBY // 2003-12-19 // 22.60 // 22.99 // 1.73%
PKG // 2003-12-09 // 21.46 // 21.43 // (0.14%)
PMTI // 2003-12-17 // 9.88 // 10.60 // 6.98%
PSSI // 2003-12-23 // 12.30 // 12.29 // (1.22%)
RFMI // 2003-12-09 // 9.82 // 9.45 // (3.77%)
RT // 2003-12-12 // 10.26 // 11.40 // 11.11% <<<<<
SORC // 2003-12-11 // 10.52 // 11.31 // 7.37%
TKTX // 2003-12-29 // 16.05 // 16.05 // 0.00%
TMR // 2003-12-08 // 5.41 // 6.01 // 11.09% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.00 // 0.58%
TRR // 2003-12-08 // 21.30 // 21.49 // 0.89%
TYC // 2003-12-10 // 24.32 // 26.85 // 10.40% <<<<<
UCO // 2003-12-08 // 25.16 // 26.76 // 6.36%
USU // 2003-12-12 // 8.46 // 8.97 // 6.03%
VITR // 2003-12-19 // 7.10 // 7.55 // 6.34%
VYYO // 2003-12-26 // 8.75 // 8.30 // (6.82%)
WIND // 2003-12-18 // 8.07 // 8.40 // 4.09%
XEL // 2003-12-03 // 17.01 // 17.34 // 1.94%
XRX // 2003-12-04 // 12.49 // 13.66 // 9.37% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-30


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

None



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-30 // AMXC // B // 8.32 // 8.32 // 0.00 % // [44% 12.00]
2003-12-30 // AXCA // A // 15.58 // 15.58 // 0.00 % // Prev resis 15.50 in 2002-May (<5Y of price data).
2003-12-30 // BID // C // 14.10 // 14.10 // 0.00 % // Approaching resis at ~14.75, next resis ~16.25 (>1.55Y high).
2003-12-30 // CHRD // B // 5.42 // 5.42 // 0.00 % // [61% 8.75]
2003-12-30 // DPH // A // 10.01 // 10.01 // 0.00 % // [75% 17.50]
2003-12-30 // DQE // C // 18.39 // 18.39 // 0.00 % // Approaching resis at ~23.00, next resis ~23.50 (>2Y high).
2003-12-30 // EPD // A // 24.70 // 24.70 // 0.00 % // Prev resis 24.00 in 2003-May.
2003-12-30 // INFS // B // 9.82 // 9.82 // 0.00 % // [32% 13.00]
2003-12-30 // JRC // C // 20.95 // 20.95 // 0.00 % // Approaching resis at ~22.00, next resis ~23.50 (>5Y high).
2003-12-30 // MTRX // D // 18.59 // 18.59 // 0.00 % // Prev resis 13.00 in 1992-Jan.
2003-12-30 // NI // C // 21.88 // 21.88 // 0.00 % // Approaching resis at ~24.00, next resis ~28.50 (>2Y high).
2003-12-30 // RPM // C // 16.36 // 16.36 // 0.00 % // Approaching resis at ~17.00 (>14Y high).
2003-12-30 // SERO // C // 18.88 // 18.88 // 0.00 % // Approaching resis at ~22.00, next resis ~24.00 (>2Y high).
2003-12-30 // TTI // A // 25.33 // 25.33 // 0.00 % // Prev resis 24.00 in 2003-Nov.
2003-12-30 // TYL // C // 10.00 // 10.00 // 0.00 % // Approaching resis at ~11.00 (>5Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 33.99 // 5.04%
AMB // 2003-12-08 // 32.32 // 33.45 // 3.50%
APU // 2003-12-08 // 27.21 // 27.96 // 2.76%
BCR // 2003-12-19 // 81.12 // 80.92 // (0.25%)
BLL // 2003-12-22 // 59.50 // 58.60 // (1.51%)
BMET // 2003-12-03 // 36.15 // 35.97 // (0.41%)
BPL // 2003-12-17 // 44.38 // 45.40 // 2.30%
BR // 2003-12-18 // 56.32 // 56.68 // 0.64%
BRK.A // 2003-12-03 // 84,399.98 // 84,500.00 // 0.12%
BRL // 2003-12-03 // 83.34 // 77.28 // (7.27%)
CAT // 2003-12-16 // 81.02 // 84.07 // 3.76%
CHK // 2003-12-12 // 13.15 // 13.68 // 4.03%
CMX // 2003-12-03 // 27.58 // 25.66 // (6.96%)
CRK // 2003-12-11 // 18.63 // 19.70 // 5.74%
CRR // 2003-12-05 // 48.24 // 52.60 // 9.04% <<<<<
CVH // 2003-12-29 // 65.76 // 65.69 // (0.53%)
CW // 2003-12-05 // 41.53 // 46.11 // 10.89% <<<<<
DE // 2003-12-18 // 66.65 // 64.66 // (2.99%)
EBAY // 2003-12-23 // 63.74 // 64.28 // 0.96%
EQT // 2003-12-05 // 42.15 // 43.10 // 2.25%
ETN // 2003-12-03 // 105.25 // 107.68 // 2.31%
ETR // 2003-12-17 // 55.70 // 57.14 // 2.59%
EVG // 2003-12-04 // 30.09 // 33.00 // 9.67% <<<<<
FBR // 2003-12-05 // 21.78 // 23.41 // 7.48%
FRX // 2003-12-19 // 62.51 // 61.99 // (0.83%)
GWR // 2003-12-16 // 29.19 // 32.25 // 10.48% <<<<<
HMA // 2003-12-03 // 26.29 // 24.30 // (7.57%)
HRB // 2003-12-29 // 54.70 // 55.32 // 1.13%
IEX // 2003-12-08 // 41.40 // 41.75 // 0.85%
IGT // 2003-12-17 // 35.40 // 35.68 // 0.79%
ITT // 2003-12-18 // 73.95 // 73.83 // (0.16%)
ITW // 2003-12-09 // 82.71 // 83.70 // 1.20%
KRI // 2003-12-03 // 75.33 // 77.27 // 2.58%
MATK // 2003-12-26 // 63.74 // 66.97 // 3.09%
MBG // 2003-12-11 // 44.61 // 44.95 // 0.76%
MCHP // 2003-12-03 // 35.66 // 33.51 // (6.14%)
MCO // 2003-12-29 // 60.20 // 60.56 // 0.60%
MHM // 2003-12-16 // 26.02 // 26.34 // 1.23%
MI // 2003-12-03 // 37.37 // 38.40 // 2.76%
MME // 2003-12-17 // 62.97 // 64.71 // 2.76%
MNI // 2003-12-18 // 68.25 // 69.94 // 2.48%
MOG.A // 2003-12-04 // 46.68 // 51.50 // 10.33% <<<<<
MTX // 2003-12-11 // 58.45 // 60.75 // 3.93%
MUR // 2003-12-12 // 63.32 // 68.02 // 5.99%
NCEN // 2003-12-05 // 39.62 // 39.92 // 0.76%
NDSN // 2003-12-11 // 34.35 // 35.69 // 3.81%
NX // 2003-12-17 // 44.86 // 47.68 // 6.29%
ORI // 2003-12-04 // 37.98 // 37.67 // (0.82%)
PAA // 2003-12-17 // 32.46 // 32.53 // 0.22%
PGR // 2003-12-12 // 82.13 // 83.22 // 1.33%
PH // 2003-12-04 // 57.10 // 59.35 // 3.94%
PII // 2003-12-09 // 88.85 // 87.75 // (1.24%)
PLL // 2003-12-22 // 26.72 // 26.89 // 0.64%
PNY // 2003-12-12 // 41.91 // 43.43 // 3.63%
PRA // 2003-12-04 // 31.86 // 32.90 // 3.26%
PXD // 2003-12-08 // 30.16 // 32.75 // 8.59% <<<<<
SIE // 2003-12-04 // 29.42 // 27.70 // (5.85%)
SSD // 2003-12-11 // 51.38 // 52.55 // 2.28%
STR // 2003-12-22 // 35.20 // 35.26 // 0.17%
TII // 2003-12-04 // 32.40 // 34.64 // 6.91%
TMK // 2003-12-11 // 44.89 // 45.45 // 1.25%
TPP // 2003-12-08 // 40.10 // 40.68 // 1.45%
UTX // 2003-12-03 // 87.27 // 94.60 // 8.40% <<<<<
WFMI // 2003-12-19 // 65.73 // 66.96 // 1.87%
WGR // 2003-12-04 // 46.16 // 47.45 // 2.79%
WLP // 2003-12-03 // 95.42 // 96.00 // 0.61%
WPO // 2003-12-03 // 800.97 // 795.15 // (0.73%)
WPS // 2003-12-23 // 45.75 // 46.77 // 2.23%
XTO // 2003-12-03 // 26.18 // 28.69 // 9.59% <<<<<
YELL // 2003-12-17 // 34.81 // 36.84 // 5.29%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 15.74 // 0.25%
AMXC // 2003-12-30 // 8.32 // 8.32 // 0.00%
APCC // 2003-12-18 // 24.10 // 24.25 // 0.54%
ASPT // 2003-12-24 // 16.55 // 16.22 // (1.99%)
AXCA // 2003-12-30 // 15.58 // 15.58 // 0.00%
AYE // 2003-12-22 // 11.30 // 12.95 // 14.60% <<<<<
AZPN // 2003-12-19 // 9.96 // 10.20 // 2.41%
BCSI // 2003-12-26 // 22.85 // 23.54 // 3.02%
BEXP // 2003-12-05 // 8.22 // 8.05 // (2.07%)
BW // 2003-12-03 // 13.96 // 15.60 // 11.75% <<<<<
CCK // 2003-12-19 // 9.00 // 9.01 // 0.11%
CERG // 2003-12-22 // 5.49 // 5.97 // 8.74% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.42 // 0.00%
CPHD // 2003-12-24 // 9.27 // 10.05 // 10.36% <<<<<
CSCO // 2003-12-04 // 23.98 // 24.12 // 0.54%
DITC // 2003-12-04 // 18.19 // 19.03 // 4.95%
DPH // 2003-12-30 // 10.01 // 10.01 // 0.00%
EGOV // 2003-12-23 // 7.92 // 8.39 // 5.93%
EIX // 2003-12-08 // 21.37 // 21.98 // 2.85%
EPD // 2003-12-30 // 24.70 // 24.70 // 0.00%
ESL // 2003-12-05 // 24.85 // 27.25 // 9.66% <<<<<
ET // 2003-12-19 // 12.02 // 12.74 // 5.99%
FSII // 2003-12-03 // 7.00 // 7.50 // 7.14%
GEG // 2003-12-29 // 6.90 // 7.01 // 1.59%
GMR // 2003-12-05 // 15.79 // 17.75 // 12.41% <<<<<
GPS // 2003-12-17 // 22.05 // 23.24 // 5.40%
GY // 2003-12-12 // 11.00 // 11.29 // 2.64%
HNR // 2003-12-24 // 9.38 // 10.02 // 6.82%
HOLX // 2003-12-12 // 17.25 // 17.50 // 1.45%
INFS // 2003-12-30 // 9.82 // 9.82 // 0.00%
LCAV // 2003-12-04 // 19.60 // 21.10 // 6.91%
LNDC // 2003-12-09 // 6.47 // 6.29 // (2.78%)
MAPX // 2003-12-11 // 13.00 // 13.36 // 2.77%
MAXM // 2003-12-26 // 8.91 // 8.70 // (2.36%)
MDCI // 2003-12-09 // 18.02 // 19.05 // 5.72%
NAFC // 2003-12-18 // 21.78 // 22.88 // 5.05%
NMSS // 2003-12-18 // 6.17 // 6.21 // 0.65%
NOBL // 2003-12-09 // 20.25 // 23.22 // 14.67% <<<<<
NTPA // 2003-12-03 // 15.85 // 14.60 // (7.89%)
OO // 2003-12-24 // 13.76 // 14.00 // 1.74%
PBY // 2003-12-19 // 22.60 // 23.00 // 1.77%
PKG // 2003-12-09 // 21.46 // 21.50 // 0.19%
PMTI // 2003-12-17 // 9.88 // 10.84 // 8.70% <<<<<
PSSI // 2003-12-23 // 12.30 // 12.46 // 1.38%
RFMI // 2003-12-09 // 9.82 // 9.87 // 0.51%
RT // 2003-12-12 // 10.26 // 11.35 // 10.62% <<<<<
SORC // 2003-12-11 // 10.52 // 11.15 // 5.99%
TKTX // 2003-12-29 // 16.05 // 15.65 // (2.49%)
TMR // 2003-12-08 // 5.41 // 6.14 // 13.49% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.02 // 2.45%
TRR // 2003-12-08 // 21.30 // 21.50 // 0.94%
TTI // 2003-12-30 // 25.33 // 25.33 // 0.00%
TYC // 2003-12-10 // 24.32 // 26.83 // 10.32% <<<<<
UCO // 2003-12-08 // 25.16 // 26.92 // 7.00%
USU // 2003-12-12 // 8.46 // 8.90 // 5.20%
VITR // 2003-12-19 // 7.10 // 7.51 // 5.77%
VYYO // 2003-12-26 // 8.75 // 8.56 // (1.94%)
WIND // 2003-12-18 // 8.07 // 9.00 // 11.52% <<<<<
XEL // 2003-12-03 // 17.01 // 17.00 // (0.06%)
XRX // 2003-12-04 // 12.49 // 13.65 // 7.85% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2003-12-31


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-12-31 // ZBRA // D // 66.37 // 66.37 // 0.00 % // 57.00 was prev 5Y (actually >12Y) peak in 2003-Jul.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2003-12-31 // AMSWA // A // 7.16 // 7.16 // 0.00 % // [123% 16.00]
2003-12-31 // DPL // B // 20.88 // 20.88 // 0.00 % // [24% 26.00]
2003-12-31 // MDR // B // 11.95 // 11.95 // 0.00 % // [42% 17.00]
2003-12-31 // MLNM // B // 18.65 // 18.65 // 0.00 % // [39% 26.00]
2003-12-31 // RPM // C // 16.46 // 16.46 // 0.00 % // Approaching resis at ~17.00 (>13Y high).
2003-12-31 // SON // C // 24.62 // 24.62 // 0.00 % // Approaching resis at ~28.50 (>1.5Y high).
2003-12-31 // TUP // B // 17.34 // 17.34 // 0.00 % // [27% 22.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

FOLLOWING PRICES NOT UPDATED FROM PREVIOUS DAILY POSTING

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 33.99 // 5.04%
AMB // 2003-12-08 // 32.32 // 33.45 // 3.50%
APU // 2003-12-08 // 27.21 // 27.96 // 2.76%
BCR // 2003-12-19 // 81.12 // 80.92 // (0.25%)
BLL // 2003-12-22 // 59.50 // 58.60 // (1.51%)
BMET // 2003-12-03 // 36.15 // 35.97 // (0.41%)
BPL // 2003-12-17 // 44.38 // 45.40 // 2.30%
BR // 2003-12-18 // 56.32 // 56.68 // 0.64%
BRK.A // 2003-12-03 // 84,399.98 // 84,500.00 // 0.12%
BRL // 2003-12-03 // 83.34 // 77.28 // (7.27%)
CAT // 2003-12-16 // 81.02 // 84.07 // 3.76%
CHK // 2003-12-12 // 13.15 // 13.68 // 4.03%
CMX // 2003-12-03 // 27.58 // 25.66 // (6.96%)
CRK // 2003-12-11 // 18.63 // 19.70 // 5.74%
CRR // 2003-12-05 // 48.24 // 52.60 // 9.04% <<<<<
CVH // 2003-12-29 // 65.76 // 65.69 // (0.53%)
CW // 2003-12-05 // 41.53 // 46.11 // 10.89% <<<<<
DE // 2003-12-18 // 66.65 // 64.66 // (2.99%)
EBAY // 2003-12-23 // 63.74 // 64.28 // 0.96%
EQT // 2003-12-05 // 42.15 // 43.10 // 2.25%
ETN // 2003-12-03 // 105.25 // 107.68 // 2.31%
ETR // 2003-12-17 // 55.70 // 57.14 // 2.59%
EVG // 2003-12-04 // 30.09 // 33.00 // 9.67% <<<<<
FBR // 2003-12-05 // 21.78 // 23.41 // 7.48%
FRX // 2003-12-19 // 62.51 // 61.99 // (0.83%)
GWR // 2003-12-16 // 29.19 // 32.25 // 10.48% <<<<<
HMA // 2003-12-03 // 26.29 // 24.30 // (7.57%)
HRB // 2003-12-29 // 54.70 // 55.32 // 1.13%
IEX // 2003-12-08 // 41.40 // 41.75 // 0.85%
IGT // 2003-12-17 // 35.40 // 35.68 // 0.79%
ITT // 2003-12-18 // 73.95 // 73.83 // (0.16%)
ITW // 2003-12-09 // 82.71 // 83.70 // 1.20%
KRI // 2003-12-03 // 75.33 // 77.27 // 2.58%
MATK // 2003-12-26 // 63.74 // 66.97 // 3.09%
MBG // 2003-12-11 // 44.61 // 44.95 // 0.76%
MCHP // 2003-12-03 // 35.66 // 33.51 // (6.14%)
MCO // 2003-12-29 // 60.20 // 60.56 // 0.60%
MHM // 2003-12-16 // 26.02 // 26.34 // 1.23%
MI // 2003-12-03 // 37.37 // 38.40 // 2.76%
MME // 2003-12-17 // 62.97 // 64.71 // 2.76%
MNI // 2003-12-18 // 68.25 // 69.94 // 2.48%
MOG.A // 2003-12-04 // 46.68 // 51.50 // 10.33% <<<<<
MTX // 2003-12-11 // 58.45 // 60.75 // 3.93%
MUR // 2003-12-12 // 63.32 // 68.02 // 5.99%
NCEN // 2003-12-05 // 39.62 // 39.92 // 0.76%
NDSN // 2003-12-11 // 34.35 // 35.69 // 3.81%
NX // 2003-12-17 // 44.86 // 47.68 // 6.29%
ORI // 2003-12-04 // 37.98 // 37.67 // (0.82%)
PAA // 2003-12-17 // 32.46 // 32.53 // 0.22%
PGR // 2003-12-12 // 82.13 // 83.22 // 1.33%
PH // 2003-12-04 // 57.10 // 59.35 // 3.94%
PII // 2003-12-09 // 88.85 // 87.75 // (1.24%)
PLL // 2003-12-22 // 26.72 // 26.89 // 0.64%
PNY // 2003-12-12 // 41.91 // 43.43 // 3.63%
PRA // 2003-12-04 // 31.86 // 32.90 // 3.26%
PXD // 2003-12-08 // 30.16 // 32.75 // 8.59% <<<<<
SIE // 2003-12-04 // 29.42 // 27.70 // (5.85%)
SSD // 2003-12-11 // 51.38 // 52.55 // 2.28%
STR // 2003-12-22 // 35.20 // 35.26 // 0.17%
TII // 2003-12-04 // 32.40 // 34.64 // 6.91%
TMK // 2003-12-11 // 44.89 // 45.45 // 1.25%
TPP // 2003-12-08 // 40.10 // 40.68 // 1.45%
UTX // 2003-12-03 // 87.27 // 94.60 // 8.40% <<<<<
WFMI // 2003-12-19 // 65.73 // 66.96 // 1.87%
WGR // 2003-12-04 // 46.16 // 47.45 // 2.79%
WLP // 2003-12-03 // 95.42 // 96.00 // 0.61%
WPO // 2003-12-03 // 800.97 // 795.15 // (0.73%)
WPS // 2003-12-23 // 45.75 // 46.77 // 2.23%
XTO // 2003-12-03 // 26.18 // 28.69 // 9.59% <<<<<
YELL // 2003-12-17 // 34.81 // 36.84 // 5.29%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26




52-Week Highs List
------------------

FOLLOWING PRICES NOT UPDATED FROM PREVIOUS DAILY POSTING

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 15.74 // 0.25%
AMSWA // 2003-12-31 // 7.16 // 7.16 // 0.00%
AMXC // 2003-12-30 // 8.32 // 8.32 // (4.20%)
APCC // 2003-12-18 // 24.10 // 24.25 // 0.54%
ASPT // 2003-12-24 // 16.55 // 16.22 // (1.99%)
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AYE // 2003-12-22 // 11.30 // 12.95 // 14.60% <<<<<
AZPN // 2003-12-19 // 9.96 // 10.20 // 2.41%
BCSI // 2003-12-26 // 22.85 // 23.54 // 3.02%
BEXP // 2003-12-05 // 8.22 // 8.05 // (2.07%)
BW // 2003-12-03 // 13.96 // 15.60 // 11.75% <<<<<
CCK // 2003-12-19 // 9.00 // 9.01 // 0.11%
CERG // 2003-12-22 // 5.49 // 5.97 // 8.74% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.42 // 0.55%
CPHD // 2003-12-24 // 9.27 // 10.05 // 10.36% <<<<<
CSCO // 2003-12-04 // 23.98 // 24.12 // 0.54%
DITC // 2003-12-04 // 18.19 // 19.03 // 4.95%
DPH // 2003-12-30 // 10.01 // 10.01 // 1.99%
DPL // 2003-12-31 // 20.88 // 20.88 // 0.00%
EGOV // 2003-12-23 // 7.92 // 8.39 // 5.93%
EIX // 2003-12-08 // 21.37 // 21.98 // 2.85%
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.25 // 9.66% <<<<<
ET // 2003-12-19 // 12.02 // 12.74 // 5.99%
FSII // 2003-12-03 // 7.00 // 7.50 // 7.14%
GEG // 2003-12-29 // 6.90 // 7.01 // 1.59%
GMR // 2003-12-05 // 15.79 // 17.75 // 12.41% <<<<<
GPS // 2003-12-17 // 22.05 // 23.24 // 5.40%
GY // 2003-12-12 // 11.00 // 11.29 // 2.64%
HNR // 2003-12-24 // 9.38 // 10.02 // 6.82%
HOLX // 2003-12-12 // 17.25 // 17.50 // 1.45%
INFS // 2003-12-30 // 9.82 // 9.82 // (1.43%)
LCAV // 2003-12-04 // 19.60 // 21.10 // 6.91%
LNDC // 2003-12-09 // 6.47 // 6.29 // (2.78%)
MAPX // 2003-12-11 // 13.00 // 13.36 // 2.77%
MAXM // 2003-12-26 // 8.91 // 8.70 // (2.36%)
MDCI // 2003-12-09 // 18.02 // 19.05 // 5.72%
MDR // 2003-12-31 // 11.95 // 11.95 // 0.00%
MLNM // 2003-12-31 // 18.65 // 18.65 // 0.00%
NAFC // 2003-12-18 // 21.78 // 22.88 // 5.05%
NMSS // 2003-12-18 // 6.17 // 6.21 // 0.65%
NOBL // 2003-12-09 // 20.25 // 23.22 // 14.67% <<<<<
NTPA // 2003-12-03 // 15.85 // 14.60 // (7.89%)
OO // 2003-12-24 // 13.76 // 14.00 // 1.74%
PBY // 2003-12-19 // 22.60 // 23.00 // 1.77%
PKG // 2003-12-09 // 21.46 // 21.50 // 0.19%
PMTI // 2003-12-17 // 9.88 // 10.84 // 8.70% <<<<<
PSSI // 2003-12-23 // 12.30 // 12.46 // 1.38%
RFMI // 2003-12-09 // 9.82 // 9.87 // 0.51%
RT // 2003-12-12 // 10.26 // 11.35 // 10.62% <<<<<
SORC // 2003-12-11 // 10.52 // 11.15 // 5.99%
TKTX // 2003-12-29 // 16.05 // 15.65 // (2.49%)
TMR // 2003-12-08 // 5.41 // 6.14 // 13.49% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.02 // 2.45%
TRR // 2003-12-08 // 21.30 // 21.50 // 0.94%
TTI // 2003-12-30 // 25.33 // 25.33 // (4.31%)
TUP // 2003-12-31 // 17.34 // 17.34 // 0.00%
TYC // 2003-12-10 // 24.32 // 26.83 // 10.32% <<<<<
UCO // 2003-12-08 // 25.16 // 26.92 // 7.00%
USU // 2003-12-12 // 8.46 // 8.90 // 5.20%
VITR // 2003-12-19 // 7.10 // 7.51 // 5.77%
VYYO // 2003-12-26 // 8.75 // 8.56 // (1.94%)
WIND // 2003-12-18 // 8.07 // 9.00 // 11.52% <<<<<
XEL // 2003-12-03 // 17.01 // 17.00 // (0.06%)
XRX // 2003-12-04 // 12.49 // 13.65 // 7.85% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-02


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

None



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-02 // BEV // A // 8.86 // 8.86 // 0.00 % // [41% 12.50]
2004-01-02 // CDCY // A // 11.47 // 11.47 // 0.00 % // [52% 17.50]
2004-01-02 // CNX // A // 26.30 // 26.30 // 0.00 % // [52% 40.00]
2004-01-02 // EDLG // C // 14.20 // 14.20 // 0.00 % // Approaching resis at ~15.00 (>3Y high).
2004-01-02 // FUL // C // 29.98 // 29.98 // 0.00 % // Approaching resis at ~32.50 (>1.5Y high).
2004-01-02 // PLUG // A // 7.48 // 7.48 // 0.00 % // [74% 13.00]
2004-01-02 // ROIA // B // 19.65 // 19.65 // 0.00 % // [27% 25.00]
2004-01-02 // STEI // B // 5.76 // 5.76 // 0.00 % // [39% 8.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 33.75 // 4.29%
AMB // 2003-12-08 // 32.32 // 32.99 // 2.07%
APU // 2003-12-08 // 27.21 // 28.02 // 2.98%
BCR // 2003-12-19 // 81.12 // 81.56 // 0.54%
BLL // 2003-12-22 // 59.50 // 58.48 // (1.71%)
BMET // 2003-12-03 // 36.15 // 36.19 // (0.03%)
BPL // 2003-12-17 // 44.38 // 45.65 // 2.86%
BR // 2003-12-18 // 56.32 // 55.36 // (2.61%)
BRK.A // 2003-12-03 // 84,399.98 // 84,250.00 // (0.18%)
BRL // 2003-12-03 // 83.34 // 77.12 // (7.46%)
CAT // 2003-12-16 // 81.02 // 82.65 // 2.01%
CHK // 2003-12-12 // 13.15 // 13.37 // 1.75%
CMX // 2003-12-03 // 27.58 // 25.14 // (8.85%)
CRK // 2003-12-11 // 18.63 // 19.33 // 3.76%
CRR // 2003-12-05 // 48.24 // 51.60 // 6.97%
CVH // 2003-12-29 // 65.76 // 65.79 // 0.05%
CW // 2003-12-05 // 41.53 // 44.92 // 8.03% <<<<<
DE // 2003-12-18 // 66.65 // 64.30 // (3.53%)
EBAY // 2003-12-23 // 63.74 // 63.00 // (1.46%)
EQT // 2003-12-05 // 42.15 // 42.92 // 1.83%
ETN // 2003-12-03 // 105.25 // 106.48 // 1.17%
ETR // 2003-12-17 // 55.70 // 57.25 // 2.78%
EVG // 2003-12-04 // 30.09 // 32.47 // 7.91% <<<<<
FBR // 2003-12-05 // 21.78 // 22.88 // 5.05%
FRX // 2003-12-19 // 62.51 // 62.04 // (0.75%)
GWR // 2003-12-16 // 29.19 // 32.49 // 11.31% <<<<<
HMA // 2003-12-03 // 26.29 // 24.10 // (8.33%)
HRB // 2003-12-29 // 54.70 // 55.72 // 1.86%
IEX // 2003-12-08 // 41.40 // 41.38 // (0.05%)
IGT // 2003-12-17 // 35.40 // 35.30 // (0.28%)
ITT // 2003-12-18 // 73.95 // 74.60 // 0.88%
ITW // 2003-12-09 // 82.71 // 82.63 // (0.10%)
KRI // 2003-12-03 // 75.33 // 76.68 // 1.79%
MATK // 2003-12-26 // 63.74 // 65.74 // 3.14%
MBG // 2003-12-11 // 44.61 // 44.80 // 0.43%
MCHP // 2003-12-03 // 35.66 // 33.62 // (6.00%)
MCO // 2003-12-29 // 60.20 // 60.50 // 0.50%
MHM // 2003-12-16 // 26.02 // 26.74 // 2.77%
MI // 2003-12-03 // 37.37 // 37.36 // (0.03%)
MME // 2003-12-17 // 62.97 // 65.56 // 4.11%
MNI // 2003-12-18 // 68.25 // 68.80 // 0.81%
MOG.A // 2003-12-04 // 46.68 // 49.99 // 7.09%
MTX // 2003-12-11 // 58.45 // 59.37 // 1.57%
MUR // 2003-12-12 // 63.32 // 63.92 // 0.95%
NCEN // 2003-12-05 // 39.62 // 38.42 // (3.14%)
NDSN // 2003-12-11 // 34.35 // 35.25 // 2.62%
NX // 2003-12-17 // 44.86 // 46.88 // 4.50%
ORI // 2003-12-04 // 25.06 // 25.30 // (0.92%)
PAA // 2003-12-17 // 32.46 // 32.62 // 0.49%
PGR // 2003-12-12 // 82.13 // 82.40 // 0.33%
PH // 2003-12-04 // 57.10 // 59.61 // 4.40%
PII // 2003-12-09 // 88.85 // 86.75 // (2.36%)
PLL // 2003-12-22 // 26.72 // 26.76 // 0.15%
PNY // 2003-12-12 // 41.91 // 43.22 // 3.13%
PRA // 2003-12-04 // 31.86 // 32.12 // 0.82%
PXD // 2003-12-08 // 30.16 // 31.86 // 5.64%
SIE // 2003-12-04 // 29.42 // 27.45 // (6.70%)
SSD // 2003-12-11 // 51.38 // 50.05 // (2.59%)
STR // 2003-12-22 // 35.20 // 35.17 // (0.09%)
TII // 2003-12-04 // 32.40 // 34.86 // 7.59% <<<<<
TMK // 2003-12-11 // 44.89 // 45.56 // 1.49%
TPP // 2003-12-08 // 40.10 // 40.10 // 0.00%
UTX // 2003-12-03 // 87.27 // 94.60 // 8.40% <<<<<
WFMI // 2003-12-19 // 65.73 // 66.45 // 0.99%
WGR // 2003-12-04 // 46.16 // 46.76 // 1.30%
WLP // 2003-12-03 // 95.42 // 98.02 // 2.72%
WPO // 2003-12-03 // 800.97 // 790.22 // (1.34%)
WPS // 2003-12-23 // 45.75 // 46.53 // 1.70%
XTO // 2003-12-03 // 26.18 // 28.20 // 7.72% <<<<<
YELL // 2003-12-17 // 34.81 // 36.35 // 4.63%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 15.87 // 1.08%
AMSWA // 2003-12-31 // 7.16 // 7.97 // 11.73% <<<<<
AMXC // 2003-12-30 // 8.32 // 8.19 // (1.56%)
APCC // 2003-12-18 // 24.10 // 24.33 // 1.04%
ASPT // 2003-12-24 // 16.55 // 16.23 // (2.05%)
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AYE // 2003-12-22 // 11.30 // 12.61 // 11.59% <<<<<
AZPN // 2003-12-19 // 9.96 // 10.43 // 4.42%
BCSI // 2003-12-26 // 22.85 // 22.10 // (3.28%)
BEV // 2004-01-02 // 8.86 // 8.86 // 0.00%
BEXP // 2003-12-05 // 8.22 // 8.08 // (1.69%)
BW // 2003-12-03 // 13.96 // 15.55 // 11.39% <<<<<
CCK // 2003-12-19 // 9.00 // 9.08 // 0.89%
CDCY // 2004-01-02 // 11.47 // 11.47 // 0.00%
CERG // 2003-12-22 // 5.49 // 6.24 // 12.93% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.35 // (0.92%)
CNX // 2004-01-02 // 26.30 // 26.30 // 0.00%
CPHD // 2003-12-24 // 9.27 // 10.03 // 8.20% <<<<<
CSCO // 2003-12-04 // 23.98 // 24.25 // 1.29%
DITC // 2003-12-04 // 18.19 // 18.75 // 3.74%
DPH // 2003-12-30 // 10.01 // 10.21 // 2.00%
DPL // 2003-12-31 // 20.88 // 20.69 // (0.91%)
EGOV // 2003-12-23 // 7.92 // 8.07 // 1.89%
EIX // 2003-12-08 // 21.37 // 21.93 // 2.62%
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.25 // 9.66% <<<<<
ET // 2003-12-19 // 12.02 // 12.81 // 6.57%
FSII // 2003-12-03 // 7.00 // 7.27 // 3.86%
GEG // 2003-12-29 // 6.90 // 6.93 // 0.43%
GMR // 2003-12-05 // 15.79 // 17.62 // 11.59% <<<<<
GPS // 2003-12-17 // 22.05 // 22.53 // 2.18%
GY // 2003-12-12 // 11.00 // 10.87 // (1.18%)
HNR // 2003-12-24 // 9.38 // 9.64 // 2.77%
HOLX // 2003-12-12 // 17.25 // 17.64 // 2.26%
INFS // 2003-12-30 // 9.82 // 9.38 // (4.77%)
LCAV // 2003-12-04 // 19.60 // 19.51 // (0.46%)
LNDC // 2003-12-09 // 6.47 // 6.50 // 0.46%
MAPX // 2003-12-11 // 13.00 // 13.28 // 2.15%
MAXM // 2003-12-26 // 8.91 // 8.60 // (3.48%)
MDCI // 2003-12-09 // 18.02 // 18.71 // 3.83%
MDR // 2003-12-31 // 11.95 // 12.00 // 0.42%
MLNM // 2003-12-31 // 18.65 // 18.87 // 2.63%
NAFC // 2003-12-18 // 21.78 // 23.59 // 8.31% <<<<<
NMSS // 2003-12-18 // 6.17 // 6.36 // 3.08%
NOBL // 2003-12-09 // 20.25 // 22.52 // 11.21% <<<<<
NTPA // 2003-12-03 // 15.85 // 14.99 // (5.43%)
OO // 2003-12-24 // 13.76 // 13.84 // 0.58%
PBY // 2003-12-19 // 22.60 // 23.10 // 2.21%
PKG // 2003-12-09 // 21.46 // 21.71 // 1.16%
PLUG // 2004-01-02 // 7.48 // 7.48 // 0.00%
PMTI // 2003-12-17 // 9.88 // 10.79 // 8.70% <<<<<
PSSI // 2003-12-23 // 12.30 // 12.20 // (0.83%)
RFMI // 2003-12-09 // 9.82 // 9.60 // (2.24%)
ROIA // 2004-01-02 // 19.65 // 19.65 // 0.00%
RT // 2003-12-12 // 10.26 // 11.30 // 10.14% <<<<<
SORC // 2003-12-11 // 10.52 // 10.83 // 3.04%
STEI // 2004-01-02 // 5.76 // 5.76 // 0.00%
TKTX // 2003-12-29 // 16.05 // 15.60 // (2.80%)
TMR // 2003-12-08 // 5.41 // 5.86 // 8.32% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.17 // 3.02%
TRR // 2003-12-08 // 21.30 // 21.16 // (0.66%)
TTI // 2003-12-30 // 25.33 // 24.76 // (2.29%)
TUP // 2003-12-31 // 17.34 // 17.60 // 1.50%
TYC // 2003-12-10 // 24.32 // 27.00 // 11.02% <<<<<
UCO // 2003-12-08 // 25.16 // 26.30 // 4.53%
USU // 2003-12-12 // 8.46 // 8.85 // 4.61%
VITR // 2003-12-19 // 7.10 // 7.07 // (0.42%)
VYYO // 2003-12-26 // 8.75 // 8.23 // (5.94%)
WIND // 2003-12-18 // 8.07 // 9.15 // 13.38% <<<<<
XEL // 2003-12-03 // 17.01 // 16.97 // (0.24%)
XRX // 2003-12-04 // 12.49 // 13.59 // 8.81% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[billyjoe]

I'm interested in Park Twain's picks but am not used to so many lower priced stocks and those that don't pass IBD standards. However the posted results are impressive. Need feedback from others. Maybe I'll jump in on some A picks and see what happens. Don't see many losing 8% , that's encouraging.
Billyjoe

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-05


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-01-05 // ACS // A // 56.82 // 56.82 // 0.00 % // 57.00 was prev 5Y (actually >8Y) peak in 2002-Jun.
2003-01-05 // SHW // A // 35.21 // 35.21 // 0.00 % // ~35.00 was prev 5Y (actually >18Y) peak in ~1998-Mar.
2003-01-05 // SSP // A // 95.40 // 95.40 // 0.00 % // 95.50 was prev 5Y (actually >13Y) peak in 2003-Nov.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-05 // AXE // C // 26.96 // 26.96 // 0.00 % // Approaching resis at 32.00 (>2Y high).
2004-01-05 // CCRN // A // 16.46 // 16.46 // 0.00 % // [137% 39.00]
2004-01-05 // DGIN // C // 26.28 // 26.28 // 0.00 % // Approaching resis at 27.00 (>1.5Y high).
2004-01-05 // DY // A // 27.52 // 27.52 // 0.00 % // [111% ~58.00]
2004-01-05 // ELNK // B // 11.02 // 11.02 // 0.00 % // [40% 15.50]
2004-01-05 // ESST // B // 18.76 // 18.76 // 0.00 % // [33% 25.00]
2004-01-05 // KEA // B // 16.67 // 16.67 // 0.00 % // [26% 21.00]
2004-01-05 // KEI // B // 20.10 // 20.10 // 0.00 % // [19% 24.00]
2004-01-05 // LSCC // A // 10.38 // 10.38 // 0.00 % // [121% 23.00]
2004-01-05 // NOVL // A // 10.70 // 10.70 // 0.00 % // [199% ~32.00]
2004-01-05 // NTOP // A // 7.67 // 7.67 // 0.00 % // [76% 13.50]
2004-01-05 // PCOP // A // 16.50 // 16.50 // 0.00 % // [82% ~30.00]
2004-01-05 // PLLL // B // 4.67 // 4.67 // 0.00 % // [28% 6.00]
2004-01-05 // RRA // C // 12.97 // 12.97 // 0.00 % // Approaching resis at 15.00 (>10Y high).
2004-01-05 // SBSA // A // 11.16 // 11.16 // 0.00 % // [52% 17.00]
2004-01-05 // SBL // A // 17.88 // 17.88 // 0.00 % // [96% 35.00]
2004-01-05 // SBYN // A // 4.67 // 4.67 // 0.00 % // [178% 18.00]
2004-01-05 // SCIX // A // 5.27 // 5.27 // 0.00 % // [241% 18.00]
2004-01-05 // SEBL // A // 15.39 // 15.39 // 0.00 % // [134% 36.00]
2004-01-05 // SEH // C // 25.30 // 25.30 // 0.00 % // Approaching resis at 26.50 (>1.5Y high).
2004-01-05 // TXU // A // 23.87 // 23.87 // 0.00 % // [109% 50.00]
2004-01-05 // VSH // C // 23.61 // 23.61 // 0.00 % // Approaching resis at 26.00 (>3Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ALEX // 2003-12-10 // 32.36 // 33.95 // 4.91%
AMB // 2003-12-08 // 32.32 // 33.09 // 2.38%
APU // 2003-12-08 // 27.21 // 28.20 // 3.64%
BCR // 2003-12-19 // 81.12 // 81.12 // 0.00%
BLL // 2003-12-22 // 59.50 // 59.00 // (0.84%)
BMET // 2003-12-03 // 36.15 // 36.23 // 0.14%
BPL // 2003-12-17 // 44.38 // 44.80 // 0.95%
BR // 2003-12-18 // 56.32 // 56.33 // 0.02%
BRK.A // 2003-12-03 // 84,399.98 // 84,800.00 // (0.47%)
BRL // 2003-12-03 // 83.34 // 76.28 // (8.47%)
CAT // 2003-12-16 // 81.02 // 84.90 // 4.84%
CHK // 2003-12-12 // 13.15 // 13.74 // 4.49%
CMX // 2003-12-03 // 27.58 // 24.40 // (11.53%)
CRK // 2003-12-11 // 18.63 // 19.65 // 5.48%
CRR // 2003-12-05 // 48.24 // 52.66 // 9.16% <<<<<
CVH // 2003-12-29 // 65.76 // 61.50 // (6.17%)
CW // 2003-12-05 // 41.53 // 44.91 // 8.01% <<<<<
DE // 2003-12-18 // 66.65 // 64.39 // (3.39%)
EBAY // 2003-12-23 // 63.74 // 64.62 // 1.55%
EQT // 2003-12-05 // 42.15 // 43.25 // 2.61%
ETN // 2003-12-03 // 105.25 // 108.10 // 2.71%
ETR // 2003-12-17 // 55.70 // 56.64 // 1.69%
EVG // 2003-12-04 // 30.09 // 32.95 // 9.50% <<<<<
FBR // 2003-12-05 // 21.78 // 23.68 // 8.72% <<<<<
FRX // 2003-12-19 // 62.51 // 61.83 // (1.09%)
GWR // 2003-12-16 // 29.19 // 32.80 // 12.37% <<<<<
HMA // 2003-12-03 // 26.29 // 23.54 // (10.46%)
HRB // 2003-12-29 // 54.70 // 55.95 // 2.29%
IEX // 2003-12-08 // 41.40 // 42.44 // 2.51%
IGT // 2003-12-17 // 35.40 // 35.30 // (0.28%)
ITT // 2003-12-18 // 73.95 // 75.05 // 1.49%
ITW // 2003-12-09 // 82.71 // 83.97 // 1.52%
KRI // 2003-12-03 // 75.33 // 77.20 // 2.48%
MATK // 2003-12-26 // 63.74 // 65.02 // 2.50%
MBG // 2003-12-11 // 44.61 // 44.92 // 0.69%
MCHP // 2003-12-03 // 35.66 // 34.15 // (4.29%)
MCO // 2003-12-29 // 60.20 // 60.64 // 0.73%
MHM // 2003-12-16 // 26.02 // 27.60 // 6.07%
MI // 2003-12-03 // 37.37 // 37.65 // 0.75%
MME // 2003-12-17 // 62.97 // 63.52 // 0.87%
MNI // 2003-12-18 // 68.25 // 70.13 // 2.75%
MOG.A // 2003-12-04 // 46.68 // 49.77 // 6.62%
MTX // 2003-12-11 // 58.45 // 60.20 // 2.99%
MUR // 2003-12-12 // 63.32 // 64.55 // 1.94%
NCEN // 2003-12-05 // 39.62 // 38.50 // (2.36%)
NDSN // 2003-12-11 // 34.35 // 35.00 // 1.69%
NX // 2003-12-17 // 44.86 // 46.40 // 3.43%
ORI // 2003-12-04 // 25.06 // 25.25 // 0.72%
PAA // 2003-12-17 // 32.46 // 32.72 // 0.80%
PGR // 2003-12-12 // 82.13 // 83.55 // 1.73%
PH // 2003-12-04 // 57.10 // 60.72 // 6.34%
PII // 2003-12-09 // 88.85 // 88.15 // (0.79%)
PLL // 2003-12-22 // 26.72 // 26.86 // 0.52%
PNY // 2003-12-12 // 41.91 // 43.10 // 2.84%
PRA // 2003-12-04 // 31.86 // 32.18 // 1.00%
PXD // 2003-12-08 // 30.16 // 32.75 // 8.59% <<<<<
SIE // 2003-12-04 // 29.42 // 25.29 // (14.04%)
SSD // 2003-12-11 // 51.38 // 51.73 // 0.68%
STR // 2003-12-22 // 35.20 // 35.36 // 0.45%
TII // 2003-12-04 // 32.40 // 35.25 // 8.80% <<<<<
TMK // 2003-12-11 // 44.89 // 45.77 // 1.96%
TPP // 2003-12-08 // 40.10 // 40.38 // 0.70%
UTX // 2003-12-03 // 87.27 // 94.93 // 8.78% <<<<<
WFMI // 2003-12-19 // 65.73 // 66.32 // 0.90%
WGR // 2003-12-04 // 46.16 // 47.56 // 3.03%
WLP // 2003-12-03 // 95.42 // 95.34 // (0.08%)
WPO // 2003-12-03 // 800.97 // 796.51 // (0.56%)
WPS // 2003-12-23 // 45.75 // 46.53 // 1.70%
XTO // 2003-12-03 // 26.18 // 28.43 // 8.59% <<<<<
YELL // 2003-12-17 // 34.81 // 36.66 // 5.30%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 16.05 // 2.23%
AMSWA // 2003-12-31 // 7.16 // 7.81 // 8.95% <<<<<
AMXC // 2003-12-30 // 8.32 // 8.06 // (3.12%)
APCC // 2003-12-18 // 24.10 // 25.08 // 3.78%
ASPT // 2003-12-24 // 16.55 // 17.12 // 2.84%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AYE // 2003-12-22 // 11.30 // 12.49 // 10.53% <<<<<
AZPN // 2003-12-19 // 9.96 // 11.36 // 13.65% <<<<<
BCSI // 2003-12-26 // 22.85 // 22.87 // 0.00%
BEV // 2004-01-02 // 8.86 // 8.80 // (0.68%)
BEXP // 2003-12-05 // 8.22 // 8.05 // (2.07%)
BW // 2003-12-03 // 13.96 // 15.60 // 11.75% <<<<<
CCK // 2003-12-19 // 9.00 // 9.18 // 2.00%
CDCY // 2004-01-02 // 11.47 // 12.24 // 6.71%
CERG // 2003-12-22 // 5.49 // 6.21 // 13.11% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.60 // 3.32%
CNX // 2004-01-02 // 26.30 // 26.46 // 0.61%
CPHD // 2003-12-24 // 9.27 // 10.40 // 12.19% <<<<<
CSCO // 2003-12-04 // 23.98 // 24.77 // 3.54%
DITC // 2003-12-04 // 18.19 // 19.24 // 6.05%
DPH // 2003-12-30 // 10.01 // 10.67 // 6.59%
DPL // 2003-12-31 // 20.88 // 20.40 // (2.30%)
EGOV // 2003-12-23 // 7.92 // 8.26 // 4.55%
EIX // 2003-12-08 // 21.37 // 21.78 // 1.92%
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.38 // 10.18% <<<<<
ET // 2003-12-19 // 12.02 // 13.02 // 8.32% <<<<<
FSII // 2003-12-03 // 7.00 // 7.45 // 6.43%
GEG // 2003-12-29 // 6.90 // 7.36 // 6.67%
GMR // 2003-12-05 // 15.79 // 17.61 // 11.53% <<<<<
GPS // 2003-12-17 // 22.05 // 22.61 // 2.54%
GY // 2003-12-12 // 11.00 // 11.08 // 0.73%
HNR // 2003-12-24 // 9.38 // 9.98 // 6.40%
HOLX // 2003-12-12 // 17.25 // 17.76 // 1.45%
INFS // 2003-12-30 // 9.82 // 10.03 // 2.14%
LCAV // 2003-12-04 // 19.60 // 19.01 // (3.01%)
LNDC // 2003-12-09 // 6.47 // 6.41 // (1.08%)
MAPX // 2003-12-11 // 13.00 // 13.55 // 3.99%
MAXM // 2003-12-26 // 8.91 // 8.60 // (3.48%)
MDCI // 2003-12-09 // 18.02 // 19.37 // 7.50% <<<<<
MDR // 2003-12-31 // 11.95 // 12.49 // 4.52%
MLNM // 2003-12-31 // 18.65 // 19.01 // 1.07%
NMSS // 2003-12-18 // 6.17 // 6.92 // 12.16% <<<<<
NOBL // 2003-12-09 // 20.25 // 22.71 // 12.15% <<<<<
NTPA // 2003-12-03 // 15.85 // 16.35 // 3.15%
OO // 2003-12-24 // 13.76 // 14.51 // 5.45%
PBY // 2003-12-19 // 22.60 // 23.54 // 4.16%
PKG // 2003-12-09 // 21.46 // 22.02 // 2.61%
PLUG // 2004-01-02 // 7.48 // 7.80 // 4.14%
PMTI // 2003-12-17 // 9.88 // 10.88 // 9.31% <<<<<
PSSI // 2003-12-23 // 12.30 // 12.17 // (1.06%)
RFMI // 2003-12-09 // 9.82 // 9.67 // (1.53%)
ROIA // 2004-01-02 // 19.65 // 19.84 // 1.22%
SORC // 2003-12-11 // 10.52 // 10.93 // 3.92%
STEI // 2004-01-02 // 5.76 // 5.93 // 2.95%
TKTX // 2003-12-29 // 16.05 // 15.45 // (3.74%)
TMR // 2003-12-08 // 5.41 // 6.05 // 11.83% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.25 // 3.17%
TRR // 2003-12-08 // 21.30 // 21.00 // (1.41%)
TTI // 2003-12-30 // 25.33 // 27.54 // 8.72% <<<<<
TUP // 2003-12-31 // 17.34 // 17.89 // 3.17%
TYC // 2003-12-10 // 24.32 // 27.84 // 14.47% <<<<<
UCO // 2003-12-08 // 25.16 // 27.01 // 7.35%
USU // 2003-12-12 // 8.46 // 8.75 // 3.43%
VITR // 2003-12-19 // 7.10 // 7.27 // 2.38%
VYYO // 2003-12-26 // 8.75 // 8.61 // (2.29%)
WIND // 2003-12-18 // 8.07 // 9.18 // 14.66% <<<<<
XEL // 2003-12-03 // 17.01 // 16.97 // (0.24%)
XRX // 2003-12-04 // 12.49 // 13.82 // 10.65% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15%
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18
RT // 2003-12-12 // 15.98% // 14: 2004-01-05
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29




-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

Notice the list of stock symbols at the top of yesterday's daily post of CHART HARVESTING (TM). Most of the new picks are technology related. Many are new 52-week highs with very good "headroom" (representing a potential >100% price gain) between yesterday's closing price and the next point of major resistance.

Today (Jan 06) there are 4 new winners (that is, having >15% price gain), 3 of which are relatively recent picks. See today's daily post (I will put it up later on this board).

Happy hunting!

//PT

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-06


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-01-06 // PCAR // A // 87.50 // 87.50 // 0.00 % // 87.00 was prev 5Y (actually >5Y) peak in 2003-Sep.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-06 // ACO // A // 22.90 // 22.90 // 0.00 % // Prev resis at ~19.00 in 2003-Oct (>3Y high).
2004-01-06 // ASPM // B // 12.47 // 12.47 // 0.00 % // [20% ~15.00]
2004-01-06 // ATYT // A // 16.54 // 16.54 // 0.00 % // Prev resis at ~16.00 in 2003-Dec (>3Y high).
2004-01-06 // CALP // A // 7.63 // 7.63 // 0.00 % // [83% 14.00]
2004-01-06 // COMS // C // 8.57 // 8.57 // 0.00 % // Approaching resis at ~10.00 (>2.5Y high).
2004-01-06 // CWST // A // 14.83 // 14.83 // 0.00 % // Prev resis at ~15.00 in 2002-Jan (>2Y high).
2004-01-06 // IGTE // A // 8.45 // 8.45 // 0.00 % // [219% ~27.00]
2004-01-06 // MICU // A // 20.10 // 20.10 // 0.00 % // Prev resis at ~20.00 in 2002-Feb (>3Y of price data).
2004-01-06 // MTZ // C // 16.13 // 16.13 // 0.00 % // Approaching resis at ~20.00 (>2.5Y high).
2004-01-06 // MVSN // A // 25.27 // 25.27 // 0.00 % // [58% 40.00]
2004-01-06 // RMIX // C // 6.74 // 6.74 // 0.00 % // Approaching resis at 7.00 (>2Y high).
2004-01-06 // SANM // A // 13.44 // 13.44 // 0.00 % // [93% ~26.00]
2004-01-06 // TRCI // D // 26.96 // 26.96 // 0.00 % // Prev resis at ~4.00 in 2000-May (>3Y high).
2004-01-06 // VRSN // A // 17.90 // 17.90 // 0.00 % // [79% ~32.00]
2004-01-06 // WCC // A // 11.02 // 11.02 // 0.00 % // [81% ~20.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACS // 2003-01-05 // 56.82 // 57.46 // 1.13%
ALEX // 2003-12-10 // 32.36 // 33.80 // 3.83%
AMB // 2003-12-08 // 32.32 // 33.17 // 2.63%
APU // 2003-12-08 // 27.21 // 28.28 // 3.93%
BCR // 2003-12-19 // 81.12 // 80.40 // (0.89%)
BLL // 2003-12-22 // 59.50 // 58.35 // (1.93%)
BMET // 2003-12-03 // 36.15 // 35.95 // (0.74%)
BPL // 2003-12-17 // 44.38 // 44.95 // 1.28%
BR // 2003-12-18 // 56.32 // 56.55 // 0.41%
BRK.A // 2003-12-03 // 84,399.98 // 85,700.00 // 1.54%
BRL // 2003-12-03 // 83.34 // 75.42 // (9.50%)
CAT // 2003-12-16 // 81.02 // 83.40 // 2.94%
CHK // 2003-12-12 // 13.15 // 13.73 // 4.41%
CMX // 2003-12-03 // 27.58 // 24.16 // (12.40%)
CRK // 2003-12-11 // 18.63 // 19.78 // 6.17%
CRR // 2003-12-05 // 48.24 // 50.36 // 4.39%
CVH // 2003-12-29 // 65.76 // 62.38 // (5.14%)
CW // 2003-12-05 // 41.53 // 44.96 // 8.13% <<<<<
DE // 2003-12-18 // 66.65 // 62.60 // (6.08%)
EBAY // 2003-12-23 // 63.74 // 65.16 // 2.43%
EQT // 2003-12-05 // 42.15 // 42.78 // 1.49%
ETN // 2003-12-03 // 105.25 // 110.22 // 4.72%
ETR // 2003-12-17 // 55.70 // 56.58 // 1.58%
EVG // 2003-12-04 // 30.09 // 33.00 // 9.67% <<<<<
FBR // 2003-12-05 // 21.78 // 24.10 // 10.65% <<<<<
FRX // 2003-12-19 // 62.51 // 61.71 // (1.28%)
GWR // 2003-12-16 // 29.19 // 32.43 // 11.10% <<<<<
HMA // 2003-12-03 // 26.29 // 23.92 // (9.01%)
HRB // 2003-12-29 // 54.70 // 56.23 // 2.80%
IEX // 2003-12-08 // 41.40 // 41.65 // 0.60%
IGT // 2003-12-17 // 35.40 // 35.98 // 1.64%
ITT // 2003-12-18 // 73.95 // 74.35 // 0.54%
ITW // 2003-12-09 // 82.71 // 84.05 // 1.62%
KRI // 2003-12-03 // 75.33 // 76.60 // 0.49%
MATK // 2003-12-26 // 63.74 // 64.39 // 2.29%
MBG // 2003-12-11 // 44.61 // 45.66 // 2.35%
MCHP // 2003-12-03 // 35.66 // 33.54 // (5.78%)
MCO // 2003-12-29 // 60.20 // 60.80 // 1.00%
MHM // 2003-12-16 // 26.02 // 27.45 // 5.50%
MI // 2003-12-03 // 37.37 // 37.50 // 0.35%
MME // 2003-12-17 // 62.97 // 64.25 // 2.03%
MNI // 2003-12-18 // 68.25 // 70.16 // 2.80%
MOG.A // 2003-12-04 // 46.68 // 49.70 // 6.47%
MTX // 2003-12-11 // 58.45 // 58.62 // 0.29%
MUR // 2003-12-12 // 63.32 // 65.25 // 3.05%
NCEN // 2003-12-05 // 39.62 // 38.23 // (3.18%)
NDSN // 2003-12-11 // 34.35 // 35.54 // 3.46%
NX // 2003-12-17 // 44.86 // 45.15 // 0.65%
ORI // 2003-12-04 // 25.06 // 25.19 // 0.48%
PAA // 2003-12-17 // 32.46 // 32.90 // 1.36%
PGR // 2003-12-12 // 82.13 // 83.73 // 1.95%
PH // 2003-12-04 // 57.10 // 60.10 // 5.25%
PII // 2003-12-09 // 88.85 // 87.30 // (1.74%)
PLL // 2003-12-22 // 26.72 // 26.11 // (2.28%)
PNY // 2003-12-12 // 41.91 // 42.65 // 1.77%
PRA // 2003-12-04 // 31.86 // 32.75 // 2.79%
PXD // 2003-12-08 // 30.16 // 32.46 // 7.63% <<<<<
SHW // 2003-01-05 // 35.21 // 35.77 // 1.59%
SIE // 2003-12-04 // 29.42 // 25.10 // (14.68%)
SSD // 2003-12-11 // 51.38 // 50.48 // (1.75%)
SSP // 2003-01-05 // 95.40 // 95.26 // (0.15%)
STR // 2003-12-22 // 35.20 // 35.20 // 0.00%
TII // 2003-12-04 // 32.40 // 34.65 // 6.94%
TMK // 2003-12-11 // 44.89 // 45.65 // 1.69%
TPP // 2003-12-08 // 40.10 // 40.16 // 0.15%
UTX // 2003-12-03 // 87.27 // 94.69 // 8.50% <<<<<
WFMI // 2003-12-19 // 65.73 // 67.32 // 2.39%
WGR // 2003-12-04 // 46.16 // 47.55 // 3.01%
WLP // 2003-12-03 // 95.42 // 96.01 // 0.62%
WPO // 2003-12-03 // 800.97 // 805.07 // 0.51%
WPS // 2003-12-23 // 45.75 // 45.62 // (0.28%)
XTO // 2003-12-03 // 26.18 // 27.89 // 6.53%
YELL // 2003-12-17 // 34.81 // 36.71 // 5.49%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B

Mean # days to 15% gain:
AD Score=A (0 trades): 0.0 days
AD Score=B (3 trades): 11.0 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 16.18 // 3.06%
AMSWA // 2003-12-31 // 7.16 // 8.07 // 14.26% <<<<<
AMXC // 2003-12-30 // 8.32 // 8.34 // 0.24%
APCC // 2003-12-18 // 24.10 // 25.18 // 4.44%
ASPT // 2003-12-24 // 16.55 // 16.98 // 2.48%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AYE // 2003-12-22 // 11.30 // 12.35 // 9.29% <<<<<
AZPN // 2003-12-19 // 9.96 // 10.95 // 9.44% <<<<<
BCSI // 2003-12-26 // 22.85 // 23.38 // 1.59%
BEV // 2004-01-02 // 8.86 // 8.70 // (1.81%)
BEXP // 2003-12-05 // 8.22 // 8.12 // (1.22%)
BW // 2003-12-03 // 13.96 // 15.50 // 11.03% <<<<<
CCK // 2003-12-19 // 9.00 // 9.14 // 1.56%
CCRN // 2004-01-05 // 16.46 // 16.13 // (2.00%)
CDCY // 2004-01-02 // 11.47 // 12.32 // 7.40%
CERG // 2003-12-22 // 5.49 // 6.30 // 14.75% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.20 // (4.98%)
CNX // 2004-01-02 // 26.30 // 26.35 // 0.19%
CSCO // 2003-12-04 // 23.98 // 25.06 // 4.63%
DITC // 2003-12-04 // 18.19 // 20.32 // 13.41% <<<<<
DPH // 2003-12-30 // 10.01 // 10.69 // 6.79%
DPL // 2003-12-31 // 20.88 // 20.25 // (3.02%)
DY // 2004-01-05 // 27.52 // 27.31 // (0.76%)
EGOV // 2003-12-23 // 7.92 // 8.26 // 4.29%
EIX // 2003-12-08 // 21.37 // 21.94 // 2.67%
ELNK // 2004-01-05 // 11.02 // 11.05 // 0.27%
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 26.80 // 7.85% <<<<<
ESST // 2004-01-05 // 18.76 // 18.57 // (1.07%)
ET // 2003-12-19 // 12.02 // 13.00 // 8.15% <<<<<
FSII // 2003-12-03 // 7.00 // 7.65 // 9.29% <<<<<
GEG // 2003-12-29 // 6.90 // 7.51 // 8.84% <<<<<
GMR // 2003-12-05 // 15.79 // 17.65 // 11.78% <<<<<
GPS // 2003-12-17 // 22.05 // 23.10 // 4.76%
GY // 2003-12-12 // 11.00 // 10.96 // (0.36%)
HNR // 2003-12-24 // 9.38 // 9.74 // 3.84%
HOLX // 2003-12-12 // 17.25 // 18.00 // 4.35%
KEA // 2004-01-05 // 16.67 // 17.27 // 3.60%
KEI // 2004-01-05 // 20.10 // 21.10 // 4.98%
LCAV // 2003-12-04 // 19.60 // 19.67 // 0.36%
LNDC // 2003-12-09 // 6.47 // 6.71 // 3.55%
LSCC // 2004-01-05 // 10.38 // 11.25 // 7.90% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.85 // 6.54%
MAXM // 2003-12-26 // 8.91 // 8.59 // (3.59%)
MDCI // 2003-12-09 // 18.02 // 19.26 // 6.88%
MDR // 2003-12-31 // 11.95 // 12.35 // 3.35%
MLNM // 2003-12-31 // 18.65 // 17.85 // (4.29%)
NOBL // 2003-12-09 // 20.25 // 22.80 // 12.35% <<<<<
NOVL // 2004-01-05 // 10.70 // 10.68 // (1.12%)
NTOP // 2004-01-05 // 7.67 // 8.02 // 4.56%
NTPA // 2003-12-03 // 15.85 // 16.12 // 1.70%
OO // 2003-12-24 // 13.76 // 14.35 // 4.29%
PBY // 2003-12-19 // 22.60 // 23.69 // 4.82%
PCOP // 2004-01-05 // 16.50 // 15.99 // (3.09%)
PKG // 2003-12-09 // 21.46 // 21.86 // 1.86%
PLLL // 2004-01-05 // 4.67 // 4.57 // (2.14%)
PLUG // 2004-01-02 // 7.48 // 7.59 // 1.87%
PMTI // 2003-12-17 // 9.88 // 10.93 // 10.63% <<<<<
PSSI // 2003-12-23 // 12.30 // 12.10 // (1.63%)
RFMI // 2003-12-09 // 9.82 // 10.00 // 1.83%
ROIA // 2004-01-02 // 19.65 // 19.13 // (2.70%)
SBL // 2004-01-05 // 17.88 // 18.38 // 2.80%
SBSA // 2004-01-05 // 11.16 // 11.12 // (0.36%)
SBYN // 2004-01-05 // 4.67 // 4.68 // (0.21%)
SCIX // 2004-01-05 // 5.27 // 5.40 // 2.47%
SEBL // 2004-01-05 // 15.39 // 15.91 // 3.25%
SORC // 2003-12-11 // 10.52 // 10.78 // 2.47%
STEI // 2004-01-02 // 5.76 // 5.96 // 3.47%
TKTX // 2003-12-29 // 16.05 // 15.40 // (4.05%)
TMR // 2003-12-08 // 5.41 // 6.07 // 12.20% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.30 // 5.04%
TRR // 2003-12-08 // 21.30 // 21.06 // (1.13%)
TTI // 2003-12-30 // 25.33 // 26.20 // 3.43%
TUP // 2003-12-31 // 17.34 // 17.73 // 2.25%
TXU // 2004-01-05 // 23.87 // 23.93 // 0.25%
UCO // 2003-12-08 // 25.16 // 26.60 // 5.72%
USU // 2003-12-12 // 8.46 // 8.74 // 3.31%
VITR // 2003-12-19 // 7.10 // 7.80 // 9.58% <<<<<
VYYO // 2003-12-26 // 8.75 // 8.56 // (2.17%)
WIND // 2003-12-18 // 8.07 // 9.09 // 13.14% <<<<<
XEL // 2003-12-03 // 17.01 // 16.97 // (0.24%)
XRX // 2003-12-04 // 12.49 // 14.07 // 12.65% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B

Mean # days to 15% gain:
AD Score=A (5 trades): 9.4 days
AD Score=B (9 trades): 10.0 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-07


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2003-01-07 // AXL // B // 41.98 // 41.98 // 0.00 % // 36.00 was prev 5Y (actually >4Y) peak in 2002-May.
2003-01-07 // BLK // A // 58.00 // 58.00 // 0.00 % // 53.00 was prev 5Y (actually >4Y) peak in 2003-Oct.
2003-01-07 // CSL // D // 62.45 // 62.45 // 0.00 % // 46.00 was prev 5Y (actually >16Y) peak in 2003-Oct.
2003-01-07 // EGN // A // 41.00 // 41.00 // 0.00 % // 40.00 was prev 5Y (actually >5Y) peak in 2001-May.
2003-01-07 // FLIR // A // 38.30 // 38.30 // 0.00 % // 35.00 was prev 5Y (actually >10Y) peak in 2003-Nov.
2003-01-07 // JBHT // A // 28.43 // 28.43 // 0.00 % // 28.00 was prev 5Y (actually >6Y) peak in 2003-Oct.
2003-01-07 // LEA // A // 63.40 // 63.40 // 0.00 % // 63.00 was prev 5Y (actually >5Y) peak in 2003-Oct.
2003-01-07 // MHP // A // 70.56 // 70.56 // 0.00 % // 69.00 was prev 5Y (actually >18Y) peak in 2003-Dec.
2003-01-07 // MSM // A // 28.05 // 28.05 // 0.00 % // 28.00 was prev 5Y (actually >5Y) peak in 2003-Nov.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-07 // ABM // C // 18.10 // 18.10 // 0.00 % // Approaching resis at ~19.00 in 2002-May (>19Y high).
2004-01-07 // AOT // C // 24.32 // 24.32 // 0.00 % // Approaching resis at 26.50 in 2002-Jan (>2Y high).
2004-01-07 // AXYX // A // 5.92 // 5.92 // 0.00 % // [103% ~12.00]
2004-01-07 // CACC // A // 16.91 // 16.91 // 0.00 % // Prev resis at 15.50 in 2003-Dec (>6Y high).
2004-01-07 // CDN // B // 18.92 // 18.92 // 0.00 % // [32% 25.00]
2004-01-07 // EPIC // D // 14.54 // 14.54 // 0.00 % // Prev resis at 2.50 in 2002-Feb.
2004-01-07 // EXAR // B // 19.84 // 19.84 // 0.00 % // [26% 25.00]
2004-01-07 // FHRX // A // 13.25 // 13.25 // 0.00 % // [88% 25.00]
2004-01-07 // IES // A // 9.80 // 9.80 // 0.00 % // Prev resis at 9.80 in 2001-Jul (>2.5Y high).
2004-01-07 // IMGN // A // 6.00 // 6.00 // 0.00 % // [200% ~18.00]
2004-01-07 // INCY // A // 7.60 // 7.60 // 0.00 % // [163% ~20.00]
2004-01-07 // IPG // A // 16.57 // 16.57 // 0.00 % // [105% 34.00]
2004-01-07 // KFRC // A // 9.94 // 9.94 // 0.00 % // [51% ~15.00]
2004-01-07 // MSCC // A // 26.64 // 26.64 // 0.00 % // [50% ~40.00]
2004-01-07 // NKTR // C // 16.01 // 16.01 // 0.00 % // Approaching resis at ~20.00 in 2001-Dec (>2Y high).
2003-01-07 // SNH // D // 18.09 // 18.09 // 0.00 % // 14.25 was prev high (actually >2Y) peak in 2002-Jul.
2004-01-07 // SRV // B // 5.74 // 5.74 // 0.00 % // [30% 7.50]
2004-01-07 // TELK // A // 23.65 // 23.65 // 0.00 % // Prev resis at 23.00 in 2003-Oct (>3Y high, 3 yrs price data).
2004-01-07 // TUTS // A // 7.10 // 7.10 // 0.00 % // [1449% ~110.00]
2004-01-07 // USON // B // 11.45 // 11.45 // 0.00 % // [44% 16.50]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACS // 2003-01-05 // 56.82 // 57.46 // 1.13%
ALEX // 2003-12-10 // 32.36 // 33.61 // 3.62%
AMB // 2003-12-08 // 32.32 // 33.08 // 2.35%
APU // 2003-12-08 // 27.21 // 28.23 // 3.75%
BCR // 2003-12-19 // 81.12 // 81.68 // 0.69%
BLL // 2003-12-22 // 59.50 // 58.00 // (2.52%)
BMET // 2003-12-03 // 36.15 // 35.70 // (1.24%)
BPL // 2003-12-17 // 44.38 // 44.95 // 1.28%
BR // 2003-12-18 // 56.32 // 56.17 // (0.27%)
BRK.A // 2003-12-03 // 84,399.98 // 86,190.00 // 2.12%
BRL // 2003-12-03 // 83.34 // 74.64 // (10.44%)
CAT // 2003-12-16 // 81.02 // 82.49 // 1.81%
CHK // 2003-12-12 // 13.15 // 13.57 // 1.75%
CMX // 2003-12-03 // 27.58 // 24.25 // (12.07%)
CRK // 2003-12-11 // 18.63 // 19.43 // 4.29%
CRR // 2003-12-05 // 48.24 // 50.55 // 4.79%
CVH // 2003-12-29 // 65.76 // 62.06 // (5.63%)
CW // 2003-12-05 // 41.53 // 44.90 // 7.98% <<<<<
DE // 2003-12-18 // 66.65 // 64.20 // (3.68%)
EBAY // 2003-12-23 // 63.74 // 65.20 // 2.62%
EQT // 2003-12-05 // 42.15 // 42.73 // 1.38%
ETN // 2003-12-03 // 105.25 // 112.60 // 6.98%
ETR // 2003-12-17 // 55.70 // 56.95 // 2.24%
EVG // 2003-12-04 // 30.09 // 32.95 // 9.50% <<<<<
FBR // 2003-12-05 // 21.78 // 23.30 // 6.98%
FRX // 2003-12-19 // 62.51 // 70.52 // 12.81% <<<<<
HMA // 2003-12-03 // 26.29 // 23.79 // (9.51%)
HRB // 2003-12-29 // 54.70 // 55.65 // 1.74%
IEX // 2003-12-08 // 41.40 // 41.87 // 1.14%
IGT // 2003-12-17 // 35.40 // 35.46 // 0.17%
ITT // 2003-12-18 // 73.95 // 74.20 // 0.34%
ITW // 2003-12-09 // 82.71 // 83.65 // 1.14%
KRI // 2003-12-03 // 75.33 // 76.58 // 1.66%
MATK // 2003-12-26 // 63.74 // 64.55 // 1.26%
MBG // 2003-12-11 // 44.61 // 45.85 // 2.78%
MCHP // 2003-12-03 // 35.66 // 34.02 // (4.46%)
MCO // 2003-12-29 // 60.20 // 60.25 // 0.08%
MHM // 2003-12-16 // 26.02 // 27.22 // 4.61%
MI // 2003-12-03 // 37.37 // 37.25 // (0.32%)
MME // 2003-12-17 // 62.97 // 64.71 // 2.76%
MNI // 2003-12-18 // 68.25 // 70.29 // 2.99%
MOG.A // 2003-12-04 // 46.68 // 49.96 // 7.03%
MTX // 2003-12-11 // 58.45 // 58.26 // (0.33%)
MUR // 2003-12-12 // 63.32 // 65.22 // 3.00%
NCEN // 2003-12-05 // 39.62 // 39.55 // (1.56%)
NDSN // 2003-12-11 // 34.35 // 35.66 // 3.99%
NX // 2003-12-17 // 44.86 // 45.05 // 0.42%
ORI // 2003-12-04 // 25.06 // 25.39 // 1.28%
PAA // 2003-12-17 // 32.46 // 32.90 // 1.36%
PCAR // 2003-01-06 // 87.50 // 88.83 // 1.57%
PGR // 2003-12-12 // 82.13 // 82.70 // 0.69%
PH // 2003-12-04 // 57.10 // 60.73 // 6.36%
PII // 2003-12-09 // 88.85 // 87.96 // (1.00%)
PLL // 2003-12-22 // 26.72 // 25.78 // (3.52%)
PNY // 2003-12-12 // 41.91 // 42.75 // 2.00%
PRA // 2003-12-04 // 31.86 // 33.18 // 4.14%
PXD // 2003-12-08 // 30.16 // 32.00 // 6.10%
SHW // 2003-01-05 // 35.21 // 35.60 // 1.11%
SIE // 2003-12-04 // 29.42 // 25.70 // (12.64%)
SSD // 2003-12-11 // 51.38 // 50.85 // (1.03%)
SSP // 2003-01-05 // 95.40 // 94.95 // (0.47%)
STR // 2003-12-22 // 35.20 // 35.02 // (0.51%)
TII // 2003-12-04 // 32.40 // 34.93 // 7.81% <<<<<
TMK // 2003-12-11 // 44.89 // 45.60 // 1.58%
TPP // 2003-12-08 // 40.10 // 39.95 // (0.37%)
UTX // 2003-12-03 // 87.27 // 95.00 // 8.86% <<<<<
WFMI // 2003-12-19 // 65.73 // 67.97 // 3.41%
WGR // 2003-12-04 // 46.16 // 47.42 // 2.73%
WLP // 2003-12-03 // 95.42 // 96.60 // 1.24%
WPO // 2003-12-03 // 800.97 // 807.80 // 0.85%
WPS // 2003-12-23 // 45.75 // 45.79 // 0.09%
XTO // 2003-12-03 // 26.18 // 27.76 // 6.04%
YELL // 2003-12-17 // 34.81 // 36.80 // 5.80%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B

Mean # days to 15% gain:
AD Score=A (1 trade): 14.0 days
AD Score=B (3 trades): 11.0 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 16.22 // 3.31%
ACO // 2004-01-06 // 22.90 // 22.55 // (1.53%)
AMXC // 2003-12-30 // 8.32 // 8.29 // (0.36%)
APCC // 2003-12-18 // 24.10 // 25.37 // 5.27%
ASPM // 2004-01-06 // 12.47 // 13.25 // 6.26%
ASPT // 2003-12-24 // 16.55 // 17.03 // 2.84%
ATYT // 2004-01-06 // 16.54 // 17.19 // 4.23%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AYE // 2003-12-22 // 11.30 // 12.45 // 10.18% <<<<<
AZPN // 2003-12-19 // 9.96 // 11.06 // 10.94% <<<<<
BCSI // 2003-12-26 // 22.85 // 23.29 // 1.93%
BEV // 2004-01-02 // 8.86 // 8.65 // (2.37%)
BEXP // 2003-12-05 // 8.22 // 8.06 // (1.95%)
BW // 2003-12-03 // 13.96 // 15.51 // 11.10% <<<<<
CALP // 2004-01-06 // 7.63 // 7.60 // (0.54%)
CCK // 2003-12-19 // 9.00 // 9.35 // 3.89%
CCRN // 2004-01-05 // 16.46 // 16.45 // (1.03%)
CDCY // 2004-01-02 // 11.47 // 11.72 // 2.18%
CERG // 2003-12-22 // 5.49 // 6.19 // 12.75% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.39 // (0.55%)
CNX // 2004-01-02 // 26.30 // 26.18 // (0.46%)
CSCO // 2003-12-04 // 23.98 // 25.56 // 7.13%
CWST // 2004-01-06 // 14.83 // 14.60 // (1.56%)
DITC // 2003-12-04 // 18.19 // 20.87 // 14.51% <<<<<
DPH // 2003-12-30 // 10.01 // 11.05 // 10.29% <<<<<
DPL // 2003-12-31 // 20.88 // 20.31 // (2.73%)
DY // 2004-01-05 // 27.52 // 27.89 // 1.34%
EGOV // 2003-12-23 // 7.92 // 8.41 // 6.19%
EIX // 2003-12-08 // 21.37 // 22.01 // 2.99%
ELNK // 2004-01-05 // 11.02 // 11.00 // (0.36%)
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.35 // 10.06% <<<<<
ESST // 2004-01-05 // 18.76 // 18.68 // (0.43%)
ET // 2003-12-19 // 12.02 // 13.37 // 11.23% <<<<<
FSII // 2003-12-03 // 7.00 // 7.81 // 11.57% <<<<<
GEG // 2003-12-29 // 6.90 // 7.48 // 8.41% <<<<<
GPS // 2003-12-17 // 22.05 // 23.00 // 4.31%
GY // 2003-12-12 // 11.00 // 11.15 // 1.36%
HNR // 2003-12-24 // 9.38 // 9.48 // 1.07%
HOLX // 2003-12-12 // 17.25 // 18.35 // 6.38%
IGTE // 2004-01-06 // 8.45 // 8.08 // (4.38%)
KEA // 2004-01-05 // 16.67 // 17.59 // 5.52%
KEI // 2004-01-05 // 20.10 // 21.00 // 4.48%
LCAV // 2003-12-04 // 19.60 // 20.45 // 4.34%
LNDC // 2003-12-09 // 6.47 // 6.65 // 2.78%
LSCC // 2004-01-05 // 10.38 // 11.57 // 11.27% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.85 // 6.54%
MAXM // 2003-12-26 // 8.91 // 8.77 // (1.57%)
MDCI // 2003-12-09 // 18.02 // 19.65 // 9.05% <<<<<
MDR // 2003-12-31 // 11.95 // 12.28 // 2.76%
MICU // 2004-01-06 // 20.10 // 22.91 // 14.18% <<<<<
MLNM // 2003-12-31 // 18.65 // 18.04 // (3.06%)
MVSN // 2004-01-06 // 25.27 // 26.06 // 3.13%
NOVL // 2004-01-05 // 10.70 // 10.70 // 0.00%
NTOP // 2004-01-05 // 7.67 // 7.92 // 2.48%
NTPA // 2003-12-03 // 15.85 // 15.75 // (0.63%)
OO // 2003-12-24 // 13.76 // 13.98 // 1.60%
PBY // 2003-12-19 // 22.60 // 23.65 // 4.65%
PCOP // 2004-01-05 // 16.50 // 16.27 // (1.39%)
PKG // 2003-12-09 // 21.46 // 22.30 // 3.91%
PLLL // 2004-01-05 // 4.67 // 4.40 // (5.78%)
PLUG // 2004-01-02 // 7.48 // 7.85 // 4.81%
PMTI // 2003-12-17 // 9.88 // 10.84 // 9.72% <<<<<
PSSI // 2003-12-23 // 12.30 // 12.10 // (1.79%)
RFMI // 2003-12-09 // 9.82 // 11.25 // 14.36% <<<<<
ROIA // 2004-01-02 // 19.65 // 19.20 // (2.29%)
SANM // 2004-01-06 // 13.44 // 13.57 // 1.04%
SBL // 2004-01-05 // 17.88 // 18.40 // 2.91%
SBSA // 2004-01-05 // 11.16 // 11.05 // (0.99%)
SBYN // 2004-01-05 // 4.67 // 4.68 // (0.21%)
SCIX // 2004-01-05 // 5.27 // 5.31 // 0.76%
SEBL // 2004-01-05 // 15.39 // 15.94 // 3.18%
SORC // 2003-12-11 // 10.52 // 11.10 // 5.51%
STEI // 2004-01-02 // 5.76 // 6.09 // 5.73%
TKTX // 2003-12-29 // 16.05 // 16.69 // 3.93%
TMR // 2003-12-08 // 5.41 // 5.99 // 10.72% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.58 // 7.34%
TRR // 2003-12-08 // 21.30 // 20.52 // (3.66%)
TTI // 2003-12-30 // 25.33 // 26.86 // 6.04%
TUP // 2003-12-31 // 17.34 // 18.12 // 4.50%
TXU // 2004-01-05 // 23.87 // 24.20 // 1.38%
UCO // 2003-12-08 // 25.16 // 25.95 // 3.14%
USU // 2003-12-12 // 8.46 // 8.57 // 1.30%
VITR // 2003-12-19 // 7.10 // 7.78 // 9.58% <<<<<
VRSN // 2004-01-06 // 17.90 // 17.59 // (1.40%)
VYYO // 2003-12-26 // 8.75 // 8.48 // (3.09%)
WCC // 2004-01-06 // 11.02 // 9.56 // (13.25%)
WIND // 2003-12-18 // 8.07 // 9.20 // 14.75% <<<<<
XEL // 2003-12-03 // 17.01 // 17.12 // 0.65%
XRX // 2003-12-04 // 12.49 // 14.12 // 13.05% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B

Mean # days to 15% gain:
AD Score=A (8 trades): 11.375 days
AD Score=B (9 trades): 10.0 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-08


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2004-01-08 // GTK // D // 51.25 // 51.25 // 0.00 % // 30.00 was prev 5Y (actually >12Y) peak in 2002-Mar.
2004-01-08 // OCR // A // 42.44 // 42.44 // 0.00 % // 40.00 was prev 5Y (actually >5Y) peak in ~1998-Oct.
2004-01-08 // R // A // 36.11 // 36.11 // 0.00 % // 33.00 was prev 5Y (actually >5Y) peak in 2003-Dec.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-08 // ADPT // A // 10.18 // 10.18 // 0.00 % // [48% 15.00]
2004-01-08 // AEN // B // 16.05 // 16.05 // 0.00 % // [25% 20.00]
2004-01-08 // AINN // A // 7.70 // 7.70 // 0.00 % // [127% 17.50]
2004-01-08 // AMSY // B // 16.58 // 16.58 // 0.00 % // [21% 20.00]
2004-01-08 // ARQL // B // 5.71 // 5.71 // 0.00 % // [128% 13.00]
2004-01-08 // BAMM // A // 6.90 // 6.90 // 0.00 % // 7.00 was prev high (actually >3Y) in 2003-Dec.
2004-01-08 // CLK // A // 19.98 // 19.98 // 0.00 % // [50% 30.00]
2004-01-08 // COSN // A // 8.46 // 8.46 // 0.00 % // [160% 22.00]
2004-01-08 // ELY // C // 17.96 // 17.96 // 0.00 % // Approaching resis at 20.00 in 2002-Mar (>2.5Y high).
2004-01-08 // ENMC // A // 9.05 // 9.05 // 0.00 % // 8.00 was prev high (actually >6Y) in 2003-Oct.
2004-01-08 // FLEX // A // 16.47 // 16.47 // 0.00 % // [82% 30.00]
2004-01-08 // GT // A // 8.37 // 8.37 // 0.00 % // [199% 25.00]
2004-01-08 // HLIT // B // 9.36 // 9.36 // 0.00 % // [50% ~14.00]
2004-01-08 // HRLY // C // 21.55 // 21.55 // 0.00 % // Approaching resis at 23.00 in 2002-Apr (>12Y high).
2004-01-08 // IPXL // A // 16.54 // 16.54 // 0.00 % // 16.50 was prev high (actually >8Y) in 2001-Jun.
2004-01-08 // NVTL // A // 7.90 // 7.90 // 0.00 % // [153% 20.00]
2004-01-08 // PRV // A // 17.11 // 17.11 // 0.00 % // [52% 26.00]
2004-01-08 // PTEK // A // 10.02 // 10.02 // 0.00 % // [90% 19.00]
2004-01-08 // QSFT // A // 16.47 // 16.47 // 0.00 % // [64% 27.00]
2004-01-08 // RETK // A // 11.57 // 11.57 // 0.00 % // [159% 30.00]
2004-01-08 // RHB // C // 23.28 // 23.28 // 0.00 % // Approaching resis at 25.00 in 2002-Sep (>1.5Y high).
2004-01-08 // RSAS // C // 16.69 // 16.69 // 0.00 % // Approaching resis at 20.00 in 2002-Jan (>2Y high).
2004-01-08 // SFE // A // 4.93 // 4.93 // 0.00 % // [47% 7.25]
2004-01-08 // SMTC // A // 25.58 // 25.58 // 0.00 % // [44% 37.00]
2004-01-08 // STLW // A // 7.56 // 7.56 // 0.00 % // [892% ~75.00]
2004-01-08 // STXN // A // 5.20 // 5.20 // 0.00 % // [111% 11.00]
2004-01-08 // TKLC // B // 18.04 // 18.04 // 0.00 % // [22% 22.00]
2004-01-08 // VTS // A // 11.90 // 11.90 // 0.00 % // [60% 19.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACS // 2003-01-05 // 56.82 // 56.60 // (0.39%)
ALEX // 2003-12-10 // 32.36 // 33.90 // 5.13%
AMB // 2003-12-08 // 32.32 // 33.08 // 2.35%
APU // 2003-12-08 // 27.21 // 28.40 // 4.37%
AXL // 2003-01-07 // 41.98 // 41.57 // (0.98%)
BCR // 2003-12-19 // 81.12 // 82.81 // 2.08%
BLK // 2003-01-07 // 58.00 // 57.97 // (0.05%)
BLL // 2003-12-22 // 59.50 // 58.67 // (1.39%)
BMET // 2003-12-03 // 36.15 // 35.69 // (1.27%)
BPL // 2003-12-17 // 44.38 // 45.11 // 1.64%
BR // 2003-12-18 // 56.32 // 56.50 // 0.32%
BRK.A // 2003-12-03 // 84,399.98 // 85,000.00 // 0.71%
BRL // 2003-12-03 // 83.34 // 73.07 // (12.32%)
CAT // 2003-12-16 // 81.02 // 81.85 // 1.69%
CHK // 2003-12-12 // 13.15 // 13.51 // 2.74%
CMX // 2003-12-03 // 27.58 // 24.48 // (11.24%)
CRK // 2003-12-11 // 18.63 // 19.72 // 5.85%
CRR // 2003-12-05 // 48.24 // 51.76 // 7.30%
CVH // 2003-12-29 // 65.76 // 63.25 // (3.82%)
CW // 2003-12-05 // 41.53 // 44.20 // 6.30%
DE // 2003-12-18 // 66.65 // 63.74 // (4.37%)
EBAY // 2003-12-23 // 63.74 // 64.43 // 1.08%
EGN // 2003-01-07 // 41.00 // 43.13 // 5.20%
EQT // 2003-12-05 // 42.15 // 42.89 // 1.76%
ETN // 2003-12-03 // 105.25 // 113.90 // 8.22% <<<<<
ETR // 2003-12-17 // 55.70 // 57.28 // 2.84%
EVG // 2003-12-04 // 30.09 // 32.56 // 8.21% <<<<<
FBR // 2003-12-05 // 21.78 // 23.15 // 6.29%
FLIR // 2003-01-07 // 38.30 // 39.15 // 2.22%
FRX // 2003-12-19 // 62.51 // 69.00 // 10.38% <<<<<
HMA // 2003-12-03 // 26.29 // 24.15 // (8.14%)
HRB // 2003-12-29 // 54.70 // 54.82 // 0.22%
IEX // 2003-12-08 // 41.40 // 42.11 // 1.71%
IGT // 2003-12-17 // 35.40 // 35.60 // 1.47%
ITT // 2003-12-18 // 73.95 // 74.27 // 0.43%
ITW // 2003-12-09 // 82.71 // 83.78 // 1.29%
JBHT // 2003-01-07 // 28.43 // 28.54 // 0.21%
KRI // 2003-12-03 // 75.33 // 77.29 // 2.60%
LEA // 2003-01-07 // 63.40 // 62.70 // (1.10%)
MATK // 2003-12-26 // 63.74 // 64.00 // 0.41%
MBG // 2003-12-11 // 44.61 // 46.35 // 3.90%
MCHP // 2003-12-03 // 35.66 // 34.65 // (2.83%)
MCO // 2003-12-29 // 60.20 // 59.89 // (0.51%)
MHM // 2003-12-16 // 26.02 // 26.92 // 3.46%
MHP // 2003-01-07 // 70.56 // 70.70 // 0.20%
MI // 2003-12-03 // 37.37 // 37.10 // (0.72%)
MME // 2003-12-17 // 62.97 // 64.75 // 2.83%
MNI // 2003-12-18 // 68.25 // 70.10 // 2.71%
MOG.A // 2003-12-04 // 46.68 // 50.10 // 7.33%
MSM // 2003-01-07 // 28.05 // 27.30 // (2.67%)
MTX // 2003-12-11 // 58.45 // 57.80 // (1.11%)
MUR // 2003-12-12 // 63.32 // 65.32 // 3.16%
NCEN // 2003-12-05 // 39.62 // 38.81 // (2.04%)
NDSN // 2003-12-11 // 34.35 // 36.30 // 5.50%
NX // 2003-12-17 // 44.86 // 45.05 // 0.42%
ORI // 2003-12-04 // 25.06 // 25.20 // 0.52%
PAA // 2003-12-17 // 32.46 // 32.83 // 1.14%
PCAR // 2003-01-06 // 87.50 // 88.38 // 0.70%
PGR // 2003-12-12 // 82.13 // 83.00 // 1.06%
PH // 2003-12-04 // 57.10 // 60.92 // 6.69%
PII // 2003-12-09 // 88.85 // 87.10 // (1.97%)
PLL // 2003-12-22 // 26.72 // 26.99 // 1.01%
PNY // 2003-12-12 // 41.91 // 42.60 // 1.65%
PRA // 2003-12-04 // 31.86 // 33.21 // 4.24%
PXD // 2003-12-08 // 30.16 // 31.95 // 5.94%
SHW // 2003-01-05 // 35.21 // 35.85 // 1.82%
SIE // 2003-12-04 // 29.42 // 26.00 // (11.62%)
SSD // 2003-12-11 // 51.38 // 51.75 // 0.72%
SSP // 2003-01-05 // 95.40 // 95.03 // (0.39%)
STR // 2003-12-22 // 35.20 // 35.76 // 1.59%
TII // 2003-12-04 // 32.40 // 34.98 // 7.96% <<<<<
TMK // 2003-12-11 // 44.89 // 45.60 // 1.58%
TPP // 2003-12-08 // 40.10 // 39.95 // (0.37%)
UTX // 2003-12-03 // 87.27 // 94.89 // 8.73% <<<<<
WFMI // 2003-12-19 // 65.73 // 67.62 // 2.88%
WGR // 2003-12-04 // 46.16 // 47.51 // 2.92%
WLP // 2003-12-03 // 95.42 // 96.19 // 0.81%
WPO // 2003-12-03 // 800.97 // 826.60 // 3.20%
WPS // 2003-12-23 // 45.75 // 45.70 // (0.11%)
XTO // 2003-12-03 // 26.18 // 27.95 // 6.76%
YELL // 2003-12-17 // 34.81 // 37.35 // 7.24%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B

Mean # days to gain 15%:
AD Score=A (1 trade): 14.0 days
AD Score=B (3 trades): 11.0 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 16.72 // 8.34% <<<<<
ACO // 2004-01-06 // 22.90 // 21.84 // (4.63%)
AMXC // 2003-12-30 // 8.32 // 8.40 // (0.96%)
APCC // 2003-12-18 // 24.10 // 25.77 // 6.76%
ASPM // 2004-01-06 // 12.47 // 14.00 // 12.67% <<<<<
ASPT // 2003-12-24 // 16.55 // 17.99 // 8.89% <<<<<
ATYT // 2004-01-06 // 16.54 // 17.34 // 4.72%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AXYX // 2004-01-07 // 5.92 // 5.60 // (6.25%)
AYE // 2003-12-22 // 11.30 // 12.59 // 11.42% <<<<<
AZPN // 2003-12-19 // 9.96 // 11.43 // 14.76% <<<<<
BCSI // 2003-12-26 // 22.85 // 24.00 // 5.03%
BEV // 2004-01-02 // 8.86 // 8.45 // (4.63%)
BEXP // 2003-12-05 // 8.22 // 8.06 // (1.95%)
BW // 2003-12-03 // 13.96 // 15.75 // 12.82% <<<<<
CACC // 2004-01-07 // 16.91 // 16.60 // (1.83%)
CALP // 2004-01-06 // 7.63 // 7.61 // (0.26%)
CCK // 2003-12-19 // 9.00 // 9.37 // 4.11%
CCRN // 2004-01-05 // 16.46 // 16.64 // 1.46%
CDCY // 2004-01-02 // 11.47 // 11.55 // 0.70%
CDN // 2004-01-07 // 18.92 // 18.99 // 0.37%
CERG // 2003-12-22 // 5.49 // 6.16 // 12.20% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.56 // 2.58%
CNX // 2004-01-02 // 26.30 // 26.28 // (0.08%)
CSCO // 2003-12-04 // 23.98 // 26.34 // 9.88% <<<<<
CWST // 2004-01-06 // 14.83 // 14.55 // (1.89%)
DITC // 2003-12-04 // 18.19 // 20.83 // 14.51% <<<<<
DPH // 2003-12-30 // 10.01 // 10.99 // 9.79% <<<<<
DPL // 2003-12-31 // 20.88 // 20.30 // (2.78%)
DY // 2004-01-05 // 27.52 // 27.21 // (1.13%)
EGOV // 2003-12-23 // 7.92 // 8.38 // 5.30%
EIX // 2003-12-08 // 21.37 // 22.00 // 2.95%
ELNK // 2004-01-05 // 11.02 // 19.96 // (0.64%)
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.49 // 10.62% <<<<<
ESST // 2004-01-05 // 18.76 // 18.88 // 0.48%
ET // 2003-12-19 // 12.02 // 13.28 // 10.48% <<<<<
EXAR // 2004-01-07 // 19.84 // 20.89 // 5.29%
FHRX // 2004-01-07 // 13.25 // 13.03 // 12.23% <<<<<
FSII // 2003-12-03 // 7.00 // 7.65 // 9.29% <<<<<
GEG // 2003-12-29 // 6.90 // 7.78 // 12.75% <<<<<
GPS // 2003-12-17 // 22.05 // 20.00 // (8.39%)
GY // 2003-12-12 // 11.00 // 11.20 // 1.82%
HNR // 2003-12-24 // 9.38 // 10.01 // 6.72%
HOLX // 2003-12-12 // 17.25 // 18.11 // 4.99%
IES // 2004-01-07 // 9.80 // 9.90 // 1.02%
IGTE // 2004-01-06 // 8.45 // 8.29 // (1.89%)
IMGN // 2004-01-07 // 6.00 // 5.90 // (1.67%)
INCY // 2004-01-07 // 7.60 // 8.17 // 7.50% <<<<<
IPG // 2004-01-07 // 16.57 // 16.65 // 0.48%
KEA // 2004-01-05 // 16.67 // 17.44 // 4.62%
KEI // 2004-01-05 // 20.10 // 21.15 // 5.22%
KFRC // 2004-01-07 // 9.94 // 10.25 // 3.12%
LCAV // 2003-12-04 // 19.60 // 19.65 // 0.25%
LNDC // 2003-12-09 // 6.47 // 6.72 // 3.71%
LSCC // 2004-01-05 // 10.38 // 12.00 // 14.84% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.70 // 5.38%
MAXM // 2003-12-26 // 8.91 // 8.71 // (2.24%)
MDCI // 2003-12-09 // 18.02 // 19.09 // 5.94%
MDR // 2003-12-31 // 11.95 // 12.23 // 2.34%
MICU // 2004-01-06 // 20.10 // 23.07 // 14.43% <<<<<
MLNM // 2003-12-31 // 18.65 // 18.12 // (2.95%)
MSCC // 2004-01-07 // 26.64 // 27.52 // 3.30%
MVSN // 2004-01-06 // 25.27 // 26.64 // 5.42%
NOVL // 2004-01-05 // 10.70 // 10.90 // 2.52%
NTOP // 2004-01-05 // 7.67 // 7.99 // 4.56%
NTPA // 2003-12-03 // 15.85 // 17.49 // 10.40% <<<<<
OO // 2003-12-24 // 13.76 // 14.05 // 2.11%
PBY // 2003-12-19 // 22.60 // 23.39 // 3.50%
PCOP // 2004-01-05 // 16.50 // 17.15 // 3.33%
PKG // 2003-12-09 // 21.46 // 22.60 // 5.31%
PLLL // 2004-01-05 // 4.67 // 4.40 // (5.80%)
PLUG // 2004-01-02 // 7.48 // 7.85 // 4.95%
PMTI // 2003-12-17 // 9.88 // 11.25 // 12.04% <<<<<
PSSI // 2003-12-23 // 12.30 // 12.66 // 3.08%
ROIA // 2004-01-02 // 19.65 // 19.50 // (0.76%)
SANM // 2004-01-06 // 13.44 // 13.83 // 2.98%
SBL // 2004-01-05 // 17.88 // 18.48 // 3.36%
SBSA // 2004-01-05 // 11.16 // 11.00 // (1.43%)
SBYN // 2004-01-05 // 4.67 // 5.40 // 14.78% <<<<<
SCIX // 2004-01-05 // 5.27 // 5.29 // 0.38%
SEBL // 2004-01-05 // 15.39 // 15.44 // 0.06%
SRV // 2004-01-07 // 5.74 // 5.85 // 1.92%
STEI // 2004-01-02 // 5.76 // 6.18 // 7.29%
TELK // 2004-01-07 // 23.65 // 24.46 // 2.56%
TKTX // 2003-12-29 // 16.05 // 17.08 // 6.42%
TMR // 2003-12-08 // 5.41 // 6.02 // 11.28% <<<<<
TRPH // 2003-12-26 // 6.95 // 7.83 // 12.66% <<<<<
TRR // 2003-12-08 // 21.30 // 21.22 // (0.38%)
TTI // 2003-12-30 // 25.33 // 27.16 // 7.22%
TUP // 2003-12-31 // 17.34 // 18.41 // 6.17%
TUTS // 2004-01-07 // 7.10 // 6.55 // (7.04%)
TXU // 2004-01-05 // 23.87 // 23.90 // 0.04%
UCO // 2003-12-08 // 25.16 // 26.55 // 5.52%
USON // 2004-01-07 // 11.45 // 11.45 // 0.00%
USU // 2003-12-12 // 8.46 // 8.50 // 0.47%
VITR // 2003-12-19 // 7.10 // 7.80 // 10.14% <<<<<
VRSN // 2004-01-06 // 17.90 // 18.38 // 2.73%
VYYO // 2003-12-26 // 8.75 // 9.28 // 5.37%
WCC // 2004-01-06 // 11.02 // 9.50 // (13.79%)
XEL // 2003-12-03 // 17.01 // 17.31 // 1.76%
XRX // 2003-12-04 // 12.49 // 14.16 // 13.37% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B
SORC // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A

Mean # days to gain 15%:
AD Score=A (9 trades): 11.55 days
AD Score=B (11 trades): 11.64 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-09


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2004-01-09 // HET // A // 51.11 // 51.11 // 0.00 % // 51.00 was prev 5Y (actually >21Y) peak in 2002-Apr.
2004-01-09 // SFG // A // 64.01 // 64.01 // 0.00 % // 64.00 was prev 5Y (actually >4Y) peak in 2003-Nov.
2004-01-09 // SII // A // 44.07 // 44.07 // 0.00 % // 42.00 was prev 5Y (actually >21Y) peak in 2003-Jun.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-09 // ALTR // B // 26.02 // 26.02 // 0.00 % // [27% 33.00]
2004-01-09 // DTPI // B // 10.93 // 10.93 // 0.00 % // [28% 14.00]
2004-01-09 // FLDR // B // 7.30 // 7.30 // 0.00 % // [37% 10.00]
2004-01-09 // HOMS // A // 4.98 // 4.98 // 0.00 % // [603% 35.00]
2004-01-09 // KCS // A // 10.83 // 10.83 // 0.00 % // [177% 30.00]
2004-01-09 // MEDX // A // 7.81 // 7.81 // 0.00 % // [316% ~32.50]
2004-01-09 // NWK // A // 12.30 // 12.30 // 0.00 % // [63% 20.00]
2004-01-09 // ONNN // A // 7.42 // 7.42 // 0.00 % // [210% 23.00]
2004-01-09 // PDE // A // 19.74 // 19.74 // 0.00 % // [47% ~29.00]
2004-01-09 // PGNX // A // 20.10 // 20.10 // 0.00 % // [59% ~32.00]
2004-01-09 // TLRK // B // 18.59 // 18.59 // 0.00 % // [34% 25.00]
2004-01-09 // TMR // A // 6.36 // 6.36 // 0.00 % // [49% ~9.50]
2004-01-09 // TUTR // A // 11.76 // 11.76 // 0.00 % // [70% 20.00]
2004-01-09 // UNT // A // 24.46 // 24.46 // 0.00 % // Prev resis at 23.00 in 2003-Jun (>16Y high).



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACS // 2003-01-05 // 56.82 // 57.11 // 0.51%
ALEX // 2003-12-10 // 32.36 // 32.94 // 1.79%
AMB // 2003-12-08 // 32.32 // 33.25 // 2.88%
APU // 2003-12-08 // 27.21 // 28.49 // 4.70%
AXL // 2004-01-07 // 41.98 // 41.21 // (1.83%)
BCR // 2003-12-19 // 81.12 // 83.94 // 3.48%
BLK // 2004-01-07 // 58.00 // 57.60 // (0.69%)
BLL // 2003-12-22 // 59.50 // 57.64 // (3.13%)
BMET // 2003-12-03 // 36.15 // 35.40 // (2.32%)
BPL // 2003-12-17 // 44.38 // 44.67 // 0.65%
BR // 2003-12-18 // 56.32 // 57.86 // 2.73%
BRK.A // 2003-12-03 // 84,399.98 // 85,974.00 // 1.86%
BRL // 2003-12-03 // 83.34 // 73.80 // (11.45%)
CAT // 2003-12-16 // 81.02 // 80.45 // (0.70%)
CHK // 2003-12-12 // 13.15 // 13.52 // 2.81%
CMX // 2003-12-03 // 27.58 // 23.99 // (13.02%)
CRK // 2003-12-11 // 18.63 // 19.64 // 5.42%
CRR // 2003-12-05 // 48.24 // 51.68 // 7.13%
CVH // 2003-12-29 // 65.76 // 62.69 // (4.67%)
CW // 2003-12-05 // 41.53 // 44.64 // 7.36%
DE // 2003-12-18 // 66.65 // 63.43 // (4.83%)
EBAY // 2003-12-23 // 63.74 // 63.40 // (0.48%)
EGN // 2004-01-07 // 41.00 // 43.03 // 4.95%
EQT // 2003-12-05 // 42.15 // 43.10 // 2.25%
ETN // 2003-12-03 // 105.25 // 113.75 // 8.08% <<<<<
ETR // 2003-12-17 // 55.70 // 56.76 // 1.90%
EVG // 2003-12-04 // 30.09 // 34.05 // 13.16% <<<<<
FBR // 2003-12-05 // 21.78 // 22.72 // 4.32%
FLIR // 2004-01-07 // 38.30 // 39.39 // 2.85%
FRX // 2003-12-19 // 62.51 // 71.64 // 14.61% <<<<<
HMA // 2003-12-03 // 26.29 // 23.99 // (8.75%)
HRB // 2003-12-29 // 54.70 // 54.86 // 0.29%
IEX // 2003-12-08 // 41.40 // 41.50 // 0.24%
IGT // 2003-12-17 // 35.40 // 35.31 // (1.07%)
ITT // 2003-12-18 // 73.95 // 73.81 // (0.19%)
ITW // 2003-12-09 // 82.71 // 82.32 // (0.47%)
JBHT // 2004-01-07 // 28.43 // 27.75 // (2.30%)
KRI // 2003-12-03 // 75.33 // 77.00 // 2.22%
LEA // 2004-01-07 // 63.40 // 64.48 // 1.70%
MATK // 2003-12-26 // 63.74 // 65.90 // 3.31%
MBG // 2003-12-11 // 44.61 // 47.44 // 6.34%
MCHP // 2003-12-03 // 35.66 // 34.35 // (3.34%)
MCO // 2003-12-29 // 60.20 // 60.00 // (0.33%)
MHM // 2003-12-16 // 26.02 // 26.63 // 2.34%
MHP // 2004-01-07 // 70.56 // 70.10 // (0.65%)
MI // 2003-12-03 // 37.37 // 37.04 // (0.88%)
MME // 2003-12-17 // 62.97 // 64.28 // 2.08%
MNI // 2003-12-18 // 68.25 // 69.23 // 1.44%
MOG.A // 2003-12-04 // 46.68 // 50.01 // 7.13%
MSM // 2004-01-07 // 28.05 // 27.06 // (3.53%)
MTX // 2003-12-11 // 58.45 // 57.10 // (2.31%)
MUR // 2003-12-12 // 63.32 // 66.99 // 5.80%
NCEN // 2003-12-05 // 39.62 // 40.41 // 1.99%
NDSN // 2003-12-11 // 34.35 // 35.80 // 3.06%
NX // 2003-12-17 // 44.86 // 44.95 // 0.20%
OCR // 2004-01-08 // 42.44 // 42.07 // (0.87%)
ORI // 2003-12-04 // 25.06 // 25.50 // 1.72%
PAA // 2003-12-17 // 32.46 // 32.91 // 1.39%
PCAR // 2004-01-06 // 87.50 // 86.82 // (0.78%)
PGR // 2003-12-12 // 82.13 // 83.49 // 1.66%
PH // 2003-12-04 // 57.10 // 59.57 // 4.33%
PII // 2003-12-09 // 88.85 // 86.84 // (2.26%)
PLL // 2003-12-22 // 26.72 // 26.39 // (1.24%)
PNY // 2003-12-12 // 41.91 // 42.30 // 0.93%
PRA // 2003-12-04 // 31.86 // 32.45 // 1.85%
PXD // 2003-12-08 // 30.16 // 32.59 // 8.06% <<<<<
R // 2004-01-08 // 36.11 // 36.03 // (0.22%)
SHW // 2004-01-05 // 35.21 // 35.28 // 0.20%
SIE // 2003-12-04 // 29.42 // 25.56 // (13.12%)
SSD // 2003-12-11 // 51.38 // 50.36 // (1.99%)
SSP // 2004-01-05 // 95.40 // 94.12 // (1.34%)
STR // 2003-12-22 // 35.20 // 35.95 // 2.13%
TII // 2003-12-04 // 32.40 // 34.86 // 7.59% <<<<<
TMK // 2003-12-11 // 44.89 // 45.57 // 1.52%
TPP // 2003-12-08 // 40.10 // 39.79 // (0.77%)
UTX // 2003-12-03 // 87.27 // 93.52 // 7.16%
WFMI // 2003-12-19 // 65.73 // 67.60 // 2.84%
WGR // 2003-12-04 // 46.16 // 48.36 // 4.77%
WLP // 2003-12-03 // 95.42 // 95.35 // (0.07%)
WPO // 2003-12-03 // 800.97 // 834.01 // 4.13%
WPS // 2003-12-23 // 45.75 // 45.41 // (0.74%)
XTO // 2003-12-03 // 26.18 // 28.80 // 10.01% <<<<<
YELL // 2003-12-17 // 34.81 // 37.02 // 6.26%

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B

Mean # days to gain 15%:
AD Score=A (1 trade): 14.0 days
AD Score=B (3 trades): 11.0 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 17.03 // 8.47% <<<<<
ACO // 2004-01-06 // 22.90 // 21.85 // (4.59%)
ADPT // 2004-01-08 // 10.18 // 9.78 // (3.93%)
AEN // 2004-01-08 // 16.05 // 16.05 // 0.00%
AINN // 2004-01-08 // 7.70 // 7.43 // (3.51%)
AMSY // 2004-01-08 // 16.58 // 16.13 // (2.71%)
AMXC // 2003-12-30 // 8.32 // 8.39 // 0.96%
APCC // 2003-12-18 // 24.10 // 25.01 // 3.61%
ARQL // 2004-01-08 // 5.71 // 5.62 // (1.58%)
ASPM // 2004-01-06 // 12.47 // 14.02 // 12.43% <<<<<
ASPT // 2003-12-24 // 16.55 // 17.83 // 7.80% <<<<<
ATYT // 2004-01-06 // 16.54 // 17.07 // 3.08%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AXYX // 2004-01-07 // 5.92 // 5.59 // (6.25%)
AYE // 2003-12-22 // 11.30 // 12.50 // 10.62% <<<<<
AZPN // 2003-12-19 // 9.96 // 11.20 // 13.05% <<<<<
BAMM // 2004-01-08 // 6.90 // 6.85 // (0.72%)
BCSI // 2003-12-26 // 22.85 // 23.10 // 4.29%
BEV // 2004-01-02 // 8.86 // 8.55 // (3.50%)
BEXP // 2003-12-05 // 8.22 // 8.42 // (2.43%)
BW // 2003-12-03 // 13.96 // 15.18 // 8.74% <<<<<
CACC // 2004-01-07 // 16.91 // 16.01 // (4.43%)
CALP // 2004-01-06 // 7.63 // 7.39 // (3.15%)
CCK // 2003-12-19 // 9.00 // 9.22 // 2.44%
CCRN // 2004-01-05 // 16.46 // 16.70 // 1.46%
CDCY // 2004-01-02 // 11.47 // 11.97 // 4.36%
CDN // 2004-01-07 // 18.92 // 18.78 // (1.53%)
CERG // 2003-12-22 // 5.49 // 6.17 // 12.39% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.71 // 5.35%
CLK // 2004-01-08 // 19.98 // 20.09 // 0.55%
CNX // 2004-01-02 // 26.30 // 27.03 // (2.78%)
COSN // 2004-01-08 // 8.46 // 8.27 // (2.25%)
CSCO // 2003-12-04 // 23.98 // 26.48 // 10.51% <<<<<
CWST // 2004-01-06 // 14.83 // 14.37 // (3.10%)
DITC // 2003-12-04 // 18.19 // 20.60 // 13.25% <<<<<
DPH // 2003-12-30 // 10.01 // 10.92 // 9.09% <<<<<
DPL // 2003-12-31 // 20.88 // 20.08 // (3.83%)
DY // 2004-01-05 // 27.52 // 27.62 // 0.36%
EGOV // 2003-12-23 // 7.92 // 8.30 // 4.80%
EIX // 2003-12-08 // 21.37 // 22.06 // 3.23%
ELNK // 2004-01-05 // 11.02 // 10.76 // (2.18%)
ENMC // 2004-01-08 // 9.05 // 8.98 // (2.01%)
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.26 // 9.70% <<<<<
ESST // 2004-01-05 // 18.76 // 18.92 // 0.85%
ET // 2003-12-19 // 12.02 // 13.24 // 10.15% <<<<<
EXAR // 2004-01-07 // 19.84 // 20.79 // 4.79%
FHRX // 2004-01-07 // 13.25 // 14.44 // 8.98% <<<<<
FLEX // 2004-01-08 // 16.47 // 16.57 // 0.18%
FSII // 2003-12-03 // 7.00 // 7.94 // 13.43% <<<<<
GEG // 2003-12-29 // 6.90 // 7.25 // 5.07%
GPS // 2003-12-17 // 22.05 // 19.85 // (9.98%)
GT // 2004-01-08 // 8.37 // 8.92 // 8.00% <<<<<
GY // 2003-12-12 // 11.00 // 11.21 // 1.91%
HLIT // 2004-01-08 // 9.36 // 9.23 // (0.64%)
HOLX // 2003-12-12 // 17.25 // 17.95 // 5.54%
IES // 2004-01-07 // 9.80 // 9.93 // 1.33%
IGTE // 2004-01-06 // 8.45 // 8.11 // (4.02%)
IMGN // 2004-01-07 // 6.00 // 5.92 // (1.33%)
INCY // 2004-01-07 // 7.60 // 8.58 // 12.24% <<<<<
IPG // 2004-01-07 // 16.57 // 16.41 // (0.97%)
IPXL // 2004-01-08 // 16.54 // 16.65 // 0.67%
KEA // 2004-01-05 // 16.67 // 17.18 // 3.06%
KEI // 2004-01-05 // 20.10 // 21.31 // 6.02%
KFRC // 2004-01-07 // 9.94 // 10.32 // 3.82%
LCAV // 2003-12-04 // 19.60 // 19.77 // 0.87%
LNDC // 2003-12-09 // 6.47 // 6.34 // (2.01%)
LSCC // 2004-01-05 // 10.38 // 11.43 // 10.69% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.46 // 3.54%
MAXM // 2003-12-26 // 8.91 // 8.60 // (3.48%)
MDCI // 2003-12-09 // 18.02 // 18.15 // 0.72%
MDR // 2003-12-31 // 11.95 // 12.10 // 1.26%
MICU // 2004-01-06 // 20.10 // 22.25 // 10.70% <<<<<
MLNM // 2003-12-31 // 18.65 // 18.20 // (2.47%)
MSCC // 2004-01-07 // 26.64 // 27.35 // 2.67%
MVSN // 2004-01-06 // 25.27 // 26.40 // 4.47%
NOVL // 2004-01-05 // 10.70 // 11.26 // 5.61%
NTOP // 2004-01-05 // 7.67 // 7.67 // 0.00%
NTPA // 2003-12-03 // 15.85 // 17.27 // 8.96% <<<<<
NVTL // 2004-01-08 // 7.90 // 8.03 // 1.65%
OO // 2003-12-24 // 13.76 // 13.92 // 1.16%
PBY // 2003-12-19 // 22.60 // 22.75 // 0.66%
PCOP // 2004-01-05 // 16.50 // 17.03 // 3.21%
PKG // 2003-12-09 // 21.46 // 22.39 // 4.33%
PLLL // 2004-01-05 // 4.67 // 4.48 // (4.07%)
PLUG // 2004-01-02 // 7.48 // 8.05 // 7.62%
PMTI // 2003-12-17 // 9.88 // 11.03 // 11.73% <<<<<
PRV // 2004-01-08 // 17.11 // 16.71 // (2.34%)
PSSI // 2003-12-23 // 12.30 // 12.44 // 1.14%
PTEK // 2004-01-08 // 10.02 // 10.15 // 1.42%
QSFT // 2004-01-08 // 16.47 // 16.15 // (1.94%)
RETK // 2004-01-08 // 11.57 // 10.88 // (5.96%)
ROIA // 2004-01-02 // 19.65 // 19.63 // (0.10%)
SANM // 2004-01-06 // 13.44 // 13.62 // 1.34%
SBL // 2004-01-05 // 17.88 // 18.40 // 2.91%
SBSA // 2004-01-05 // 11.16 // 10.98 // (1.25%)
SBYN // 2004-01-05 // 4.67 // 5.06 // 9.12% <<<<<
SCIX // 2004-01-05 // 5.27 // 5.39 // 2.28%
SEBL // 2004-01-05 // 15.39 // 15.25 // (0.58%)
SFE // 2004-01-08 // 4.93 // 4.70 // (4.67%)
SMTC // 2004-01-08 // 25.58 // 25.39 // (0.74%)
SRV // 2004-01-07 // 5.74 // 6.25 // 8.89% <<<<<
STEI // 2004-01-02 // 5.76 // 6.23 // 8.16% <<<<<
STLW // 2004-01-08 // 7.56 // 7.38 // (1.14%)
STXN // 2004-01-08 // 5.20 // 4.96 // (4.81%)
TELK // 2004-01-07 // 23.65 // 25.02 // 5.78%
TKLC // 2004-01-08 // 18.04 // 17.51 // (2.76%)
TKTX // 2003-12-29 // 16.05 // 16.50 // 3.22%
TRR // 2003-12-08 // 21.30 // 21.00 // (1.41%)
TTI // 2003-12-30 // 25.33 // 27.25 // 7.58% <<<<<
TUP // 2003-12-31 // 17.34 // 18.01 // 3.86%
TUTS // 2004-01-07 // 7.10 // 7.00 // (1.83%)
TXU // 2004-01-05 // 23.87 // 23.56 // (1.30%)
UCO // 2003-12-08 // 25.16 // 26.69 // 6.08%
USON // 2004-01-07 // 11.45 // 11.79 // 2.88%
USU // 2003-12-12 // 8.46 // 8.41 // (0.59%)
VITR // 2003-12-19 // 7.10 // 7.51 // 5.77%
VRSN // 2004-01-06 // 17.90 // 17.98 // 0.56%
VTS // 2004-01-08 // 11.90 // 12.88 // 8.24% <<<<<
VYYO // 2003-12-26 // 8.75 // 8.92 // 1.94%
WCC // 2004-01-06 // 11.02 // 9.26 // (15.97%)
XEL // 2003-12-03 // 17.01 // 17.23 // 1.29%
XRX // 2003-12-04 // 12.49 // 13.96 // 11.77% <<<<<

Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TMR // 2003-12-08 // 17.56% // 22: 2004-01-09 // A
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B
SORC // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
HNR // 2003-12-24 // 15.78% // 10: 2004-01-09 // B
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
TRPH // 2003-12-26 // 17.99% // 9: 2004-01-09 // B
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A

Mean # days to gain 15%:
AD Score=A (10 trades): 12.60 days
AD Score=B (13 trades): 11.31 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

This listing shows the same data as the 2004-01-09 daily list, but with each list sorted by date.



CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-WEEK LISTING
2004-01-09



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

BMET // 2003-12-03 // 36.15 // 35.40 // (2.32%)
BRK.A // 2003-12-03 // 84,399.98 // 85,974.00 // 1.86%
BRL // 2003-12-03 // 83.34 // 73.80 // (11.45%)
CMX // 2003-12-03 // 27.58 // 23.99 // (13.02%)
ETN // 2003-12-03 // 105.25 // 113.75 // 8.08% <<<<<
HMA // 2003-12-03 // 26.29 // 23.99 // (8.75%)
KRI // 2003-12-03 // 75.33 // 77.00 // 2.22%
MCHP // 2003-12-03 // 35.66 // 34.35 // (3.34%)
MI // 2003-12-03 // 37.37 // 37.04 // (0.88%)
UTX // 2003-12-03 // 87.27 // 93.52 // 7.16%
WLP // 2003-12-03 // 95.42 // 95.35 // (0.07%)
WPO // 2003-12-03 // 800.97 // 834.01 // 4.13%
XTO // 2003-12-03 // 26.18 // 28.80 // 10.01% <<<<<

EVG // 2003-12-04 // 30.09 // 34.05 // 13.16% <<<<<
MOG.A // 2003-12-04 // 46.68 // 50.01 // 7.13%
ORI // 2003-12-04 // 25.06 // 25.50 // 1.72%
PH // 2003-12-04 // 57.10 // 59.57 // 4.33%
PRA // 2003-12-04 // 31.86 // 32.45 // 1.85%
SIE // 2003-12-04 // 29.42 // 25.56 // (13.12%)
TII // 2003-12-04 // 32.40 // 34.86 // 7.59% <<<<<
WGR // 2003-12-04 // 46.16 // 48.36 // 4.77%

CRR // 2003-12-05 // 48.24 // 51.68 // 7.13%
CW // 2003-12-05 // 41.53 // 44.64 // 7.36%
EQT // 2003-12-05 // 42.15 // 43.10 // 2.25%
FBR // 2003-12-05 // 21.78 // 22.72 // 4.32%
NCEN // 2003-12-05 // 39.62 // 40.41 // 1.99%

AMB // 2003-12-08 // 32.32 // 33.25 // 2.88%
APU // 2003-12-08 // 27.21 // 28.49 // 4.70%
IEX // 2003-12-08 // 41.40 // 41.50 // 0.24%
PXD // 2003-12-08 // 30.16 // 32.59 // 8.06% <<<<<
TPP // 2003-12-08 // 40.10 // 39.79 // (0.77%)

ITW // 2003-12-09 // 82.71 // 82.32 // (0.47%)
PII // 2003-12-09 // 88.85 // 86.84 // (2.26%)

ALEX // 2003-12-10 // 32.36 // 32.94 // 1.79%

CRK // 2003-12-11 // 18.63 // 19.64 // 5.42%
MBG // 2003-12-11 // 44.61 // 47.44 // 6.34%
MTX // 2003-12-11 // 58.45 // 57.10 // (2.31%)
NDSN // 2003-12-11 // 34.35 // 35.80 // 3.06%
SSD // 2003-12-11 // 51.38 // 50.36 // (1.99%)
TMK // 2003-12-11 // 44.89 // 45.57 // 1.52%

CHK // 2003-12-12 // 13.15 // 13.52 // 2.81%
MUR // 2003-12-12 // 63.32 // 66.99 // 5.80%
PGR // 2003-12-12 // 82.13 // 83.49 // 1.66%
PNY // 2003-12-12 // 41.91 // 42.30 // 0.93%

CAT // 2003-12-16 // 81.02 // 80.45 // (0.70%)
MHM // 2003-12-16 // 26.02 // 26.63 // 2.34%

BPL // 2003-12-17 // 44.38 // 44.67 // 0.65%
ETR // 2003-12-17 // 55.70 // 56.76 // 1.90%
IGT // 2003-12-17 // 35.40 // 35.31 // (1.07%)
MME // 2003-12-17 // 62.97 // 64.28 // 2.08%
NX // 2003-12-17 // 44.86 // 44.95 // 0.20%
PAA // 2003-12-17 // 32.46 // 32.91 // 1.39%
YELL // 2003-12-17 // 34.81 // 37.02 // 6.26%

BR // 2003-12-18 // 56.32 // 57.86 // 2.73%
DE // 2003-12-18 // 66.65 // 63.43 // (4.83%)
ITT // 2003-12-18 // 73.95 // 73.81 // (0.19%)
MNI // 2003-12-18 // 68.25 // 69.23 // 1.44%

BCR // 2003-12-19 // 81.12 // 83.94 // 3.48%
FRX // 2003-12-19 // 62.51 // 71.64 // 14.61% <<<<<
WFMI // 2003-12-19 // 65.73 // 67.60 // 2.84%

BLL // 2003-12-22 // 59.50 // 57.64 // (3.13%)
PLL // 2003-12-22 // 26.72 // 26.39 // (1.24%)
STR // 2003-12-22 // 35.20 // 35.95 // 2.13%

EBAY // 2003-12-23 // 63.74 // 63.40 // (0.48%)
WPS // 2003-12-23 // 45.75 // 45.41 // (0.74%)

MATK // 2003-12-26 // 63.74 // 65.90 // 3.31%

CVH // 2003-12-29 // 65.76 // 62.69 // (4.67%)
HRB // 2003-12-29 // 54.70 // 54.86 // 0.29%
MCO // 2003-12-29 // 60.20 // 60.00 // (0.33%)

ACS // 2003-01-05 // 56.82 // 57.11 // 0.51%
SHW // 2004-01-05 // 35.21 // 35.28 // 0.20%
SSP // 2004-01-05 // 95.40 // 94.12 // (1.34%)

PCAR // 2004-01-06 // 87.50 // 86.82 // (0.78%)

AXL // 2004-01-07 // 41.98 // 41.21 // (1.83%)
BLK // 2004-01-07 // 58.00 // 57.60 // (0.69%)
EGN // 2004-01-07 // 41.00 // 43.03 // 4.95%
FLIR // 2004-01-07 // 38.30 // 39.39 // 2.85%
JBHT // 2004-01-07 // 28.43 // 27.75 // (2.30%)
LEA // 2004-01-07 // 63.40 // 64.48 // 1.70%
MHP // 2004-01-07 // 70.56 // 70.10 // (0.65%)
MSM // 2004-01-07 // 28.05 // 27.06 // (3.53%)

OCR // 2004-01-08 // 42.44 // 42.07 // (0.87%)
R // 2004-01-08 // 36.11 // 36.03 // (0.22%)

HET // 2004-01-09 // 51.11 // 51.11 // 0.00%
SFG // 2004-01-09 // 64.01 // 64.01 // 0.00%
SII // 2004-01-09 // 44.07 // 44.07 // 0.00%


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B

Mean # days to gain 15%:
AD Score=A (1 trade): 14.0 days
AD Score=B (3 trades): 11.0 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

BW // 2003-12-03 // 13.96 // 15.18 // 8.74% <<<<<
FSII // 2003-12-03 // 7.00 // 7.94 // 13.43% <<<<<
NTPA // 2003-12-03 // 15.85 // 17.27 // 8.96% <<<<<
XEL // 2003-12-03 // 17.01 // 17.23 // 1.29%

CSCO // 2003-12-04 // 23.98 // 26.48 // 10.51% <<<<<
DITC // 2003-12-04 // 18.19 // 20.60 // 13.25% <<<<<
LCAV // 2003-12-04 // 19.60 // 19.77 // 0.87%
XRX // 2003-12-04 // 12.49 // 13.96 // 11.77% <<<<<

BEXP // 2003-12-05 // 8.22 // 8.42 // (2.43%)
ESL // 2003-12-05 // 24.85 // 27.26 // 9.70% <<<<<

EIX // 2003-12-08 // 21.37 // 22.06 // 3.23%
TRR // 2003-12-08 // 21.30 // 21.00 // (1.41%)
UCO // 2003-12-08 // 25.16 // 26.69 // 6.08%

LNDC // 2003-12-09 // 6.47 // 6.34 // (2.01%)
MDCI // 2003-12-09 // 18.02 // 18.15 // 0.72%
PKG // 2003-12-09 // 21.46 // 22.39 // 4.33%

MAPX // 2003-12-11 // 13.00 // 13.46 // 3.54%

GY // 2003-12-12 // 11.00 // 11.21 // 1.91%
HOLX // 2003-12-12 // 17.25 // 17.95 // 5.54%
USU // 2003-12-12 // 8.46 // 8.41 // (0.59%)

GPS // 2003-12-17 // 22.05 // 19.85 // (9.98%)
PMTI // 2003-12-17 // 9.88 // 11.03 // 11.73% <<<<<

APCC // 2003-12-18 // 24.10 // 25.01 // 3.61%

AZPN // 2003-12-19 // 9.96 // 11.20 // 13.05% <<<<<
CCK // 2003-12-19 // 9.00 // 9.22 // 2.44%
ET // 2003-12-19 // 12.02 // 13.24 // 10.15% <<<<<
PBY // 2003-12-19 // 22.60 // 22.75 // 0.66%
VITR // 2003-12-19 // 7.10 // 7.51 // 5.77%

AYE // 2003-12-22 // 11.30 // 12.50 // 10.62% <<<<<
CERG // 2003-12-22 // 5.49 // 6.17 // 12.39% <<<<<

EGOV // 2003-12-23 // 7.92 // 8.30 // 4.80%
PSSI // 2003-12-23 // 12.30 // 12.44 // 1.14%

ASPT // 2003-12-24 // 16.55 // 17.83 // 7.80% <<<<<
OO // 2003-12-24 // 13.76 // 13.92 // 1.16%

BCSI // 2003-12-26 // 22.85 // 23.10 // 4.29%
MAXM // 2003-12-26 // 8.91 // 8.60 // (3.48%)
VYYO // 2003-12-26 // 8.75 // 8.92 // 1.94%

ACF // 2003-12-29 // 15.70 // 17.03 // 8.47% <<<<<
GEG // 2003-12-29 // 6.90 // 7.25 // 5.07%
TKTX // 2003-12-29 // 16.05 // 16.50 // 3.22%

AMXC // 2003-12-30 // 8.32 // 8.39 // 0.96%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
CHRD // 2003-12-30 // 5.42 // 5.71 // 5.35%
DPH // 2003-12-30 // 10.01 // 10.92 // 9.09% <<<<<
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
TTI // 2003-12-30 // 25.33 // 27.25 // 7.58% <<<<<

DPL // 2003-12-31 // 20.88 // 20.08 // (3.83%)
MDR // 2003-12-31 // 11.95 // 12.10 // 1.26%
MLNM // 2003-12-31 // 18.65 // 18.20 // (2.47%)
TUP // 2003-12-31 // 17.34 // 18.01 // 3.86%

BEV // 2004-01-02 // 8.86 // 8.55 // (3.50%)
CDCY // 2004-01-02 // 11.47 // 11.97 // 4.36%
CNX // 2004-01-02 // 26.30 // 27.03 // (2.78%)
PLUG // 2004-01-02 // 7.48 // 8.05 // 7.62%
ROIA // 2004-01-02 // 19.65 // 19.63 // (0.10%)
STEI // 2004-01-02 // 5.76 // 6.23 // 8.16% <<<<<

CCRN // 2004-01-05 // 16.46 // 16.70 // 1.46%
DY // 2004-01-05 // 27.52 // 27.62 // 0.36%
ELNK // 2004-01-05 // 11.02 // 10.76 // (2.18%)
ESST // 2004-01-05 // 18.76 // 18.92 // 0.85%
KEA // 2004-01-05 // 16.67 // 17.18 // 3.06%
KEI // 2004-01-05 // 20.10 // 21.31 // 6.02%
LSCC // 2004-01-05 // 10.38 // 11.43 // 10.69% <<<<<
NOVL // 2004-01-05 // 10.70 // 11.26 // 5.61%
NTOP // 2004-01-05 // 7.67 // 7.67 // 0.00%
PCOP // 2004-01-05 // 16.50 // 17.03 // 3.21%
PLLL // 2004-01-05 // 4.67 // 4.48 // (4.07%)
SBL // 2004-01-05 // 17.88 // 18.40 // 2.91%
SBSA // 2004-01-05 // 11.16 // 10.98 // (1.25%)
SBYN // 2004-01-05 // 4.67 // 5.06 // 9.12% <<<<<
SCIX // 2004-01-05 // 5.27 // 5.39 // 2.28%
SEBL // 2004-01-05 // 15.39 // 15.25 // (0.58%)
TXU // 2004-01-05 // 23.87 // 23.56 // (1.30%)
VRSN // 2004-01-06 // 17.90 // 17.98 // 0.56%

ACO // 2004-01-06 // 22.90 // 21.85 // (4.59%)
ASPM // 2004-01-06 // 12.47 // 14.02 // 12.43% <<<<<
ATYT // 2004-01-06 // 16.54 // 17.07 // 3.08%
CALP // 2004-01-06 // 7.63 // 7.39 // (3.15%)
CWST // 2004-01-06 // 14.83 // 14.37 // (3.10%)
IGTE // 2004-01-06 // 8.45 // 8.11 // (4.02%)
MICU // 2004-01-06 // 20.10 // 22.25 // 10.70% <<<<<
MVSN // 2004-01-06 // 25.27 // 26.40 // 4.47%
SANM // 2004-01-06 // 13.44 // 13.62 // 1.34%
WCC // 2004-01-06 // 11.02 // 9.26 // (15.97%)

AXYX // 2004-01-07 // 5.92 // 5.59 // (6.25%)
CACC // 2004-01-07 // 16.91 // 16.01 // (4.43%)
CDN // 2004-01-07 // 18.92 // 18.78 // (1.53%)
EXAR // 2004-01-07 // 19.84 // 20.79 // 4.79%
FHRX // 2004-01-07 // 13.25 // 14.44 // 8.98% <<<<<
IES // 2004-01-07 // 9.80 // 9.93 // 1.33%
IMGN // 2004-01-07 // 6.00 // 5.92 // (1.33%)
INCY // 2004-01-07 // 7.60 // 8.58 // 12.24% <<<<<
IPG // 2004-01-07 // 16.57 // 16.41 // (0.97%)
KFRC // 2004-01-07 // 9.94 // 10.32 // 3.82%
MSCC // 2004-01-07 // 26.64 // 27.35 // 2.67%
SRV // 2004-01-07 // 5.74 // 6.25 // 8.89% <<<<<
TELK // 2004-01-07 // 23.65 // 25.02 // 5.78%
TUTS // 2004-01-07 // 7.10 // 7.00 // (1.83%)
USON // 2004-01-07 // 11.45 // 11.79 // 2.88%

ADPT // 2004-01-08 // 10.18 // 9.78 // (3.93%)
AEN // 2004-01-08 // 16.05 // 16.05 // 0.00%
AINN // 2004-01-08 // 7.70 // 7.43 // (3.51%)
AMSY // 2004-01-08 // 16.58 // 16.13 // (2.71%)
ARQL // 2004-01-08 // 5.71 // 5.62 // (1.58%)
BAMM // 2004-01-08 // 6.90 // 6.85 // (0.72%)
CLK // 2004-01-08 // 19.98 // 20.09 // 0.55%
COSN // 2004-01-08 // 8.46 // 8.27 // (2.25%)
ENMC // 2004-01-08 // 9.05 // 8.98 // (2.01%)
FLEX // 2004-01-08 // 16.47 // 16.57 // 0.18%
GT // 2004-01-08 // 8.37 // 8.92 // 8.00% <<<<<
HLIT // 2004-01-08 // 9.36 // 9.23 // (0.64%)
IPXL // 2004-01-08 // 16.54 // 16.65 // 0.67%
NVTL // 2004-01-08 // 7.90 // 8.03 // 1.65%
PRV // 2004-01-08 // 17.11 // 16.71 // (2.34%)
PTEK // 2004-01-08 // 10.02 // 10.15 // 1.42%
QSFT // 2004-01-08 // 16.47 // 16.15 // (1.94%)
RETK // 2004-01-08 // 11.57 // 10.88 // (5.96%)
SFE // 2004-01-08 // 4.93 // 4.70 // (4.67%)
SMTC // 2004-01-08 // 25.58 // 25.39 // (0.74%)
STLW // 2004-01-08 // 7.56 // 7.38 // (1.14%)
STXN // 2004-01-08 // 5.20 // 4.96 // (4.81%)
TKLC // 2004-01-08 // 18.04 // 17.51 // (2.76%)
VTS // 2004-01-08 // 11.90 // 12.88 // 8.24% <<<<<

ALTR // 2004-01-09 // 26.02 // 26.02 // 0.00%
DTPI // 2004-01-09 // 10.93 // 10.93 // 0.00%
FLDR // 2004-01-09 // 7.30 // 7.30 // 0.00%
HOMS // 2004-01-09 // 4.98 // 4.98 // 0.00%
KCS // 2004-01-09 // 10.83 // 10.83 // 0.00%
MEDX // 2004-01-09 // 7.81 // 7.81 // 0.00%
NWK // 2004-01-09 // 12.30 // 12.30 // 0.00%
ONNN // 2004-01-09 // 7.42 // 7.42 // 0.00%
PDE // 2004-01-09 // 19.74 // 19.74 // 0.00%
PGNX // 2004-01-09 // 20.10 // 20.10 // 0.00%
TLRK // 2004-01-09 // 18.59 // 18.59 // 0.00%
TMR // 2004-01-09 // 6.36 // 6.36 // 0.00%
TUTR // 2004-01-09 // 11.76 // 11.76 // 0.00%
UNT // 2004-01-09 // 24.46 // 24.46 // 0.00%


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score
ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TMR // 2003-12-08 // 17.56% // 22: 2004-01-09 // A
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B
SORC // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
HNR // 2003-12-24 // 15.78% // 10: 2004-01-09 // B
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
TRPH // 2003-12-26 // 17.99% // 9: 2004-01-09 // B
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A

Mean # days to gain 15%:
AD Score=A (10 trades): 12.60 days
AD Score=B (13 trades): 11.31 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-12


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2004-01-12 // ABK // A // 71.65 // 71.65 // 0.00 % // Prev resis was ~71.00 (actually >12Y) peak in 2003-Oct.
2004-01-12 // JEF // A // 34.38 // 34.38 // 0.00 % // Prev resis was 33.00 (actually >13Y) peak in 2003-Nov.
2004-01-12 // NKE // C // 68.85 // 68.85 // 0.00 % // Approaching ~70.00 (actually >16Y) peak in ~1997-Jan.
2004-01-12 // RESP // A // 50.95 // 50.95 // 0.00 % // Prev resis was 48.00 (actually >13Y) peak in 2003-Dec.
2004-01-12 // STJ // D // 63.43 // 63.43 // 0.00 % // Prev resis was ~22.00 in ~1996-Jan.
2004-01-12 // VAR // A // 71.95 // 71.95 // 0.00 % // Prev resis was 70.50 (actually >16Y) peak in 2003-Nov.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-12 // ALGN // A // 19.79 // 19.79 // 0.00 % // Prev resis at 17.50 in 2003-Dec (>3Y high).
2004-01-12 // BELM // A // 10.00 // 10.00 // 0.00 % // [50% 15.00]
2004-01-12 // BXG // A // 7.67 // 7.67 // 0.00 % // Prev resis at 7.25 in 2003-Nov (>5Y high).
2004-01-12 // CCUR // A // 5.75 // 5.75 // 0.00 % // [196% 17.00]
2004-01-12 // CTV // B // 17.50 // 17.50 // 0.00 % // [48% 26.00]
2004-01-12 // EPNY // C // 8.51 // 8.51 // 0.00 % // Approaching 10.00 (actually >2Y) peak in 2002-Jan.
2004-01-12 // EZPW // B // 9.26 // 9.26 // 0.00 % // [30% ~12.00]
2004-01-12 // HPQ // A // 24.68 // 24.68 // 0.00 % // [54% 38.00]
2004-01-12 // ILXO // B // 23.62 // 23.62 // 0.00 % // [27% 30.00]
2004-01-12 // REM // A // 21.12 // 21.12 // 0.00 % // Prev resis at 21.50 in 2001-May (>8Y high).
2004-01-12 // SFY // A // 18.75 // 18.75 // 0.00 % // [92% 36.00]
2004-01-12 // SKS // A // 16.38 // 16.38 // 0.00 % // [83% 30.00]
2004-01-12 // SNS // A // 20.44 // 20.44 // 0.00 % // Prev resis at 18.00 in 2003-Dec (>11Y high).
2004-01-12 // VICR // A // 12.99 // 12.99 // 0.00 % // [38% 18.00]
2004-01-12 // VITR // A // 8.38 // 8.38 // 0.00 % // [306% 34.00]
2004-01-12 // VVTV // C // 18.23 // 18.23 // 0.00 % // Approaching 21.00 (actually >1.5Y) peak in 2002-Apr.



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACS // 2003-01-05 // 56.82 // 57.16 // 0.60%
ALEX // 2003-12-10 // 32.36 // 33.70 // 4.15%
AMB // 2003-12-08 // 32.32 // 33.30 // 3.03%
APU // 2003-12-08 // 27.21 // 28.50 // 4.74%
AXL // 2004-01-07 // 41.98 // 40.70 // (3.05%)
BCR // 2003-12-19 // 81.12 // 84.25 // 3.86%
BLK // 2004-01-07 // 58.00 // 58.70 // 1.21%
BLL // 2003-12-22 // 59.50 // 57.32 // (3.66%)
BMET // 2003-12-03 // 36.15 // 36.03 // (1.74%)
BPL // 2003-12-17 // 44.38 // 43.10 // (2.88%)
BR // 2003-12-18 // 56.32 // 57.14 // 1.46%
BRK.A // 2003-12-03 // 84,399.98 // 85.450.00 // 1.24%
BRL // 2003-12-03 // 83.34 // 73.28 // (12.07%)
CAT // 2003-12-16 // 81.02 // 82.45 // 1.77%
CHK // 2003-12-12 // 13.15 // 13.50 // 2.66%
CMX // 2003-12-03 // 27.58 // 23.60 // (14.43%)
CRK // 2003-12-11 // 18.63 // 20.00 // 7.35%
CRR // 2003-12-05 // 48.24 // 51.95 // 7.69% <<<<<
CVH // 2003-12-29 // 65.76 // 63.70 // (3.13%)
CW // 2003-12-05 // 41.53 // 46.59 // 12.05% <<<<<
DE // 2003-12-18 // 66.65 // 64.75 // (2.85%)
EBAY // 2003-12-23 // 63.74 // 64.10 // 0.50%
EGN // 2004-01-07 // 41.00 // 43.05 // 5.00%
EQT // 2003-12-05 // 42.15 // 43.10 // 2.25%
ETN // 2003-12-03 // 105.25 // 113.32 // 7.67% <<<<<
ETR // 2003-12-17 // 55.70 // 56.22 // 0.93%
FBR // 2003-12-05 // 21.78 // 23.22 // 6.61%
FLIR // 2004-01-07 // 38.30 // 39.98 // 4.39%
FRX // 2003-12-19 // 62.51 // 70.83 // 13.31% <<<<<
HET // 2004-01-09 // 51.11 // 51.65 // 1.06%
HMA // 2003-12-03 // 26.29 // 23.99 // (8.75%)
HRB // 2003-12-29 // 54.70 // 54.98 // 0.51%
IEX // 2003-12-08 // 41.40 // 42.05 // 1.57%
IGT // 2003-12-17 // 35.40 // 35.08 // (0.90%)
ITT // 2003-12-18 // 73.95 // 73.70 // (0.34%)
ITW // 2003-12-09 // 82.71 // 82.32 // (0.47%)
JBHT // 2004-01-07 // 28.43 // 28.20 // (0.81%)
KRI // 2003-12-03 // 75.33 // 76.94 // 2.14%
LEA // 2004-01-07 // 63.40 // 65.00 // 2.52%
MATK // 2003-12-26 // 63.74 // 67.54 // 6.10%
MBG // 2003-12-11 // 44.61 // 47.00 // 5.36%
MCHP // 2003-12-03 // 35.66 // 34.67 // (3.00%)
MCO // 2003-12-29 // 60.20 // 60.10 // (0.17%)
MHM // 2003-12-16 // 26.02 // 26.57 // 2.11%
MHP // 2004-01-07 // 70.56 // 70.15 // (0.58%)
MI // 2003-12-03 // 37.37 // 36.93 // (1.18%)
MME // 2003-12-17 // 62.97 // 64.09 // 1.78%
MNI // 2003-12-18 // 68.25 // 69.24 // 1.45%
MOG.A // 2003-12-04 // 46.68 // 51.55 // 10.43% <<<<<
MSM // 2004-01-07 // 28.05 // 27.10 // (3.39%)
MTX // 2003-12-11 // 58.45 // 57.67 // (1.33%)
MUR // 2003-12-12 // 63.32 // 66.00 // 4.23%
NCEN // 2003-12-05 // 39.62 // 41.60 // 5.00%
NDSN // 2003-12-11 // 34.35 // 35.90 // 4.83%
NX // 2003-12-17 // 44.86 // 45.15 // 0.65%
OCR // 2004-01-08 // 42.44 // 43.35 // 2.14%
ORI // 2003-12-04 // 25.06 // 25.69 // 2.47%
PAA // 2003-12-17 // 32.46 // 33.25 // 2.43%
PCAR // 2004-01-06 // 87.50 // 86.33 // (1.22%)
PGR // 2003-12-12 // 82.13 // 84.31 // 2.65%
PH // 2003-12-04 // 57.10 // 59.09 // 3.49%
PII // 2003-12-09 // 88.85 // 87.10 // (1.97%)
PLL // 2003-12-22 // 26.72 // 26.40 // (1.20%)
PNY // 2003-12-12 // 41.91 // 42.32 // 0.98%
PRA // 2003-12-04 // 31.86 // 33.00 // 3.58%
PXD // 2003-12-08 // 30.16 // 32.90 // 9.08% <<<<<
R // 2004-01-08 // 36.11 // 36.57 // 1.27%
SFG // 2004-01-09 // 64.01 // 64.10 // 0.14%
SHW // 2004-01-05 // 35.21 // 35.16 // (0.14%)
SIE // 2003-12-04 // 29.42 // 25.96 // (11.76%)
SII // 2004-01-09 // 44.07 // 43.92 // (0.34%)
SSD // 2003-12-11 // 51.38 // 50.53 // (1.65%)
SSP // 2004-01-05 // 95.40 // 93.51 // (1.98%)
STR // 2003-12-22 // 35.20 // 35.88 // 1.93%
TII // 2003-12-04 // 32.40 // 35.04 // 8.15% <<<<<
TMK // 2003-12-11 // 44.89 // 45.45 // 1.25%
TPP // 2003-12-08 // 40.10 // 39.83 // (0.67%)
UTX // 2003-12-03 // 87.27 // 92.95 // 6.51%
WFMI // 2003-12-19 // 65.73 // 68.65 // 4.59%
WGR // 2003-12-04 // 46.16 // 48.06 // 4.12%
WLP // 2003-12-03 // 95.42 // 95.00 // (0.44%)
WPO // 2003-12-03 // 800.97 // 864.27 // 7.90% <<<<<
WPS // 2003-12-23 // 45.75 // 45.37 // (0.83%)
XTO // 2003-12-03 // 26.18 // 29.11 // 11.19% <<<<<
YELL // 2003-12-17 // 34.81 // 37.89 // 8.73% <<<<<


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
EVG // 2003-12-04 // 15.99% // 25: 2004-01-12 // B
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A

Mean # days to gain 15%:
AD Score=A (1 trade): 14.0 days
AD Score=B (4 trades): 14.5 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 17.35 // 10.51% <<<<<
ACO // 2004-01-06 // 22.90 // 22.67 // (1.00%)
ADPT // 2004-01-08 // 10.18 // 10.21 // 0.69%
AEN // 2004-01-08 // 16.05 // 15.86 // (1.18%)
AINN // 2004-01-08 // 7.70 // 7.99 // 3.77%
ALTR // 2004-01-09 // 26.02 // 26.82 // 3.31%
AMSY // 2004-01-08 // 16.58 // 16.11 // (2.90%)
APCC // 2003-12-18 // 24.10 // 25.13 // 4.17%
ARQL // 2004-01-08 // 5.71 // 5.58 // (2.28%)
ASPM // 2004-01-06 // 12.47 // 14.10 // 13.07% <<<<<
ASPT // 2003-12-24 // 16.55 // 18.25 // 10.33% <<<<<
ATYT // 2004-01-06 // 16.54 // 17.24 // 4.23%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AXYX // 2004-01-07 // 5.92 // 6.17 // 4.22%
AYE // 2003-12-22 // 11.30 // 12.45 // 10.18% <<<<<
BAMM // 2004-01-08 // 6.90 // 6.66 // (3.48%)
BCSI // 2003-12-26 // 22.85 // 24.20 // 5.73%
BEV // 2004-01-02 // 8.86 // 8.60 // (2.93%)
BEXP // 2003-12-05 // 8.22 // 8.30 // 0.97%
BW // 2003-12-03 // 13.96 // 15.20 // 8.88% <<<<<
CACC // 2004-01-07 // 16.91 // 16.49 // (2.48%)
CALP // 2004-01-06 // 7.63 // 7.66 // 0.39%
CCK // 2003-12-19 // 9.00 // 9.26 // 2.89%
CCRN // 2004-01-05 // 16.46 // 17.20 // 4.49%
CDCY // 2004-01-02 // 11.47 // 11.71 // 2.09%
CDN // 2004-01-07 // 18.92 // 18.62 // (1.59%)
CERG // 2003-12-22 // 5.49 // 6.13 // 11.66% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.61 // 3.51%
CLK // 2004-01-08 // 19.98 // 20.06 // 0.40%
CNX // 2004-01-02 // 26.30 // 27.29 // 3.76%
COSN // 2004-01-08 // 8.46 // 8.48 // 0.01%
CSCO // 2003-12-04 // 23.98 // 27.03 // 12.59% <<<<<
CWST // 2004-01-06 // 14.83 // 14.65 // (1.22%)
DPH // 2003-12-30 // 10.01 // 11.25 // 12.39% <<<<<
DPL // 2003-12-31 // 20.88 // 20.14 // (3.54%)
DTPI // 2004-01-09 // 10.93 // 11.47 // 4.67%
DY // 2004-01-05 // 27.52 // 27.65 // 0.47%
EGOV // 2003-12-23 // 7.92 // 8.38 // 5.81%
EIX // 2003-12-08 // 21.37 // 21.84 // 2.20%
ELNK // 2004-01-05 // 11.02 // 10.84 // (1.01%)
ENMC // 2004-01-08 // 9.05 // 9.00 // (1.54%)
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.60 // 11.07% <<<<<
ESST // 2004-01-05 // 18.76 // 19.23 // 2.29%
ET // 2003-12-19 // 12.02 // 13.42 // 11.65% <<<<<
EXAR // 2004-01-07 // 19.84 // 21.17 // 6.70%
FHRX // 2004-01-07 // 13.25 // 14.29 // 7.85% <<<<<
FLDR // 2004-01-09 // 7.30 // 7.15 // (2.05%)
FLEX // 2004-01-08 // 16.47 // 16.73 // 1.58%
FSII // 2003-12-03 // 7.00 // 7.79 // 11.29% <<<<<
GEG // 2003-12-29 // 6.90 // 7.45 // 7.97% <<<<<
GPS // 2003-12-17 // 22.05 // 19.85 // (9.98%)
GT // 2004-01-08 // 8.37 // 8.83 // 5.50%
GY // 2003-12-12 // 11.00 // 10.64 // (3.27%)
HLIT // 2004-01-08 // 9.36 // 9.67 // 3.10%
HOLX // 2003-12-12 // 17.25 // 17.96 // 4.12%
HOMS // 2004-01-09 // 4.98 // 5.20 // 4.42%
IES // 2004-01-07 // 9.80 // 9.89 // 0.92%
IGTE // 2004-01-06 // 8.45 // 8.84 // 3.39%
IMGN // 2004-01-07 // 6.00 // 6.23 // 3.82%
INCY // 2004-01-07 // 7.60 // 8.49 // 11.71% <<<<<
IPG // 2004-01-07 // 16.57 // 16.49 // (0.48%)
IPXL // 2004-01-08 // 16.54 // 16.50 // (0.24%)
KCS // 2004-01-09 // 10.83 // 11.08 // 2.31%
KEA // 2004-01-05 // 16.67 // 17.60 // 5.58%
KEI // 2004-01-05 // 20.10 // 21.60 // 7.46%
KFRC // 2004-01-07 // 9.94 // 10.16 // 2.21%
LNDC // 2003-12-09 // 6.47 // 6.32 // (2.32%)
LSCC // 2004-01-05 // 10.38 // 11.79 // 13.39% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.45 // 3.76%
MAXM // 2003-12-26 // 8.91 // 9.45 // 6.06%
MDCI // 2003-12-09 // 18.02 // 18.55 // 2.94%
MDR // 2003-12-31 // 11.95 // 12.23 // 2.34%
MEDX // 2004-01-09 // 7.81 // 7.97 // 2.05%
MLNM // 2003-12-31 // 18.65 // 17.83 // (4.40%)
MSCC // 2004-01-07 // 26.64 // 27.89 // 4.35%
MVSN // 2004-01-06 // 25.27 // 26.40 // 4.51%
NOVL // 2004-01-05 // 10.70 // 11.83 // 10.37% <<<<<
NTOP // 2004-01-05 // 7.67 // 8.04 // 4.69%
NTPA // 2003-12-03 // 15.85 // 17.26 // 8.62% <<<<<
NVTL // 2004-01-08 // 7.90 // 8.21 // 3.92%
NWK // 2004-01-09 // 12.30 // 13.05 // 6.10%
ONNN // 2004-01-09 // 7.42 // 7.50 // 1.35%
OO // 2003-12-24 // 13.76 // 14.17 // 2.98%
PBY // 2003-12-19 // 22.60 // 22.61 // 0.04%
PCOP // 2004-01-05 // 16.50 // 18.66 // 13.75% <<<<<
PDE // 2004-01-09 // 19.74 // 19.65 // (0.46%)
PGNX // 2004-01-09 // 20.10 // 21.02 // 4.42%
PKG // 2003-12-09 // 21.46 // 22.24 // 3.63%
PLLL // 2004-01-05 // 4.67 // 4.40 // (6.21%)
PRV // 2004-01-08 // 17.11 // 17.33 // 1.29%
PSSI // 2003-12-23 // 12.30 // 12.45 // 1.22%
PTEK // 2004-01-08 // 10.02 // 10.35 // 3.29%
QSFT // 2004-01-08 // 16.47 // 16.58 // 0.67%
RETK // 2004-01-08 // 11.57 // 11.72 // 0.08%
ROIA // 2004-01-02 // 19.65 // 19.62 // (0.15%)
SANM // 2004-01-06 // 13.44 // 13.85 // 2.01%
SBL // 2004-01-05 // 17.88 // 18.48 // 3.36%
SBSA // 2004-01-05 // 11.16 // 11.30 // 1.25%
SBYN // 2004-01-05 // 4.67 // 5.36 // 14.78% <<<<<
SCIX // 2004-01-05 // 5.27 // 5.39 // 2.28%
SEBL // 2004-01-05 // 15.39 // 15.72 // 2.02%
SFE // 2004-01-08 // 4.93 // 5.23 // 1.01%
SMTC // 2004-01-08 // 25.58 // 26.08 // 1.95%
SRV // 2004-01-07 // 5.74 // 6.25 // 8.89% <<<<<
STEI // 2004-01-02 // 5.76 // 6.44 // 11.81% <<<<<
STLW // 2004-01-08 // 7.56 // 7.51 // (0.66%)
STXN // 2004-01-08 // 5.20 // 5.00 // (3.85%)
TELK // 2004-01-07 // 23.65 // 24.75 // 4.02%
TKLC // 2004-01-08 // 18.04 // 18.90 // 4.77%
TKTX // 2003-12-29 // 16.05 // 17.05 // 6.23%)
TLRK // 2004-01-09 // 18.59 // 18.63 // 0.22%
TMR // 2004-01-09 // 6.36 // 6.36 // 0.00%
TRR // 2003-12-08 // 21.30 // 21.63 // 1.55%
TTI // 2003-12-30 // 25.33 // 27.45 // 9.36% <<<<<
TUP // 2003-12-31 // 17.34 // 18.23 // 5.13%
TUTR // 2004-01-09 // 11.76 // 11.67 // (0.77%)
TUTS // 2004-01-07 // 7.10 // 7.28 // 2.54%
TXU // 2004-01-05 // 23.87 // 23.59 // (1.17%)
UCO // 2003-12-08 // 25.16 // 26.59 // 5.68%
UNT // 2004-01-09 // 24.46 // 24.80 // 1.39%
USON // 2004-01-07 // 11.45 // 12.10 // 5.68%
USU // 2003-12-12 // 8.46 // 8.55 // 1.06%
VRSN // 2004-01-06 // 17.90 // 18.73 // 7.26%
VTS // 2004-01-08 // 11.90 // 12.64 // 6.22%
VYYO // 2003-12-26 // 8.75 // 9.45 // 8.00% <<<<<
WCC // 2004-01-06 // 11.02 // 9.40 // (14.70%)
XEL // 2003-12-03 // 17.01 // 17.12 // 0.65%
XRX // 2003-12-04 // 12.49 // 14.03 // 12.33% <<<<<


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
DITC // 2003-12-04 // 26.44% // 25: 2004-01-12 // B
LCAV // 2003-12-04 // 17.86% // 25: 2004-01-12 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TMR // 2003-12-08 // 17.56% // 22: 2004-01-09 // A
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B
SORC // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
PMTI // 2003-12-17 // 20.04% // 16: 2004-01-12 // A
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
AZPN // 2003-12-19 // 20.68% // 14: 2004-01-12 // A
VITR // 2003-12-19 // 18.03% // 14: 2004-01-12 // A
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
HNR // 2003-12-24 // 15.78% // 10: 2004-01-09 // B
TRPH // 2003-12-26 // 17.99% // 9: 2004-01-09 // B
AMXC // 2003-12-30 // 18.75% // 8: 2004-01-12 // B
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A
PLUG // 2004-01-02 // 20.45% // 6: 2004-01-12 // A
MICU // 2004-01-06 // 18.91% // 4: 2004-01-12 // A

Mean # days to gain 15%:
AD Score=A (16 trades): 12.81 days
AD Score=B (15 trades): 12.00 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-13


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2004-01-13 // ALD // A // 28.81 // 28.81 // 0.00 % // Prev resis was a 27.50 (actually >20Y) peak in 2004-Jan.
2004-01-13 // APD // A // 53.96 // 53.96 // 0.00 % // Prev resis was a 52.00 (actually >21Y) peak in 2002-Mar.
2004-01-13 // BC // C // 32.29 // 32.29 // 0.00 % // Approaching ~35.00 (actually >21Y) peak in ~1997-Oct.
2004-01-13 // HSIC // D // 69.61 // 69.61 // 0.00 % // Prev resis was ~56.00 in 2002-Oct.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-13 // ABM // C // 32.29 // 32.29 // 0.00 % // Approaching ~19.50 (actually >20Y) peak in 2002-May.
2004-01-13 // AMTD // B // 15.12 // 15.12 // 0.00 % // [32% 20.00]
2004-01-13 // AZPN // A // 11.73 // 11.73 // 0.00 % // [96% ~23.00]
2004-01-13 // DIS // B // 24.68 // 24.68 // 0.00 % // [34% 33.00]
2004-01-13 // DITC // A // 22.18 // 22.18 // 0.00 % // [464% ~125.00]
2004-01-13 // GORX // A // 6.23 // 6.23 // 0.00 % // Prev resis at 6.00 in 2000-Nov (>3Y high).
2004-01-13 // HNR // D // 11.00 // 11.00 // 0.00 % // Prev resis was 7.50 in 2002-Nov.
2004-01-13 // IDEV // A // 6.95 // 6.95 // 0.00 % // [80% 12.50]
2004-01-13 // MONE // A // 7.60 // 7.60 // 0.00 % // [111% 16.00]
2004-01-13 // NXTP // A // 14.52 // 14.52 // 0.00 % // [120% ~32.00]
2004-01-13 // OVRL // A // 22.46 // 22.46 // 0.00 % // Prev resis at 21.50 in 2003-Jul (>7Y high).
2004-01-13 // WRLD // D // 23.17 // 23.17 // 0.00 % // Prev resis was ~16.00 in 2003-Jul.



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ABK // 2004-01-12 // 71.65 // 72.89 // X.XX%
ACS // 2003-01-05 // 56.82 // 56.42 // (0.70%)
ALEX // 2003-12-10 // 32.36 // 32.97 // 2.03%
AMB // 2003-12-08 // 32.32 // 33.00 // 2.10%
APU // 2003-12-08 // 27.21 // 28.48 // 4.67%
AXL // 2004-01-07 // 41.98 // 40.90 // (2.57%)
BCR // 2003-12-19 // 81.12 // 85.09 // 4.89%
BLK // 2004-01-07 // 58.00 // 58.90 // 1.55%
BLL // 2003-12-22 // 59.50 // 57.18 // (3.90%)
BMET // 2003-12-03 // 36.15 // 36.43 // 0.97%
BPL // 2003-12-17 // 44.38 // 41.05 // (7.50%)
BR // 2003-12-18 // 56.32 // 56.96 // 1.14%
BRK.A // 2003-12-03 // 84,399.98 // 86.090.00 // 2.00%
BRL // 2003-12-03 // 83.34 // 72.11 // (13.47%)
CAT // 2003-12-16 // 81.02 // 82.50 // 1.83%
CHK // 2003-12-12 // 13.15 // 13.49 // 2.59%
CMX // 2003-12-03 // 27.58 // 24.60 // (10.80%)
CRK // 2003-12-11 // 18.63 // 19.68 // 5.64%
CRR // 2003-12-05 // 48.24 // 52.39 // 8.60% <<<<<
CVH // 2003-12-29 // 65.76 // 64.30 // (2.22%)
CW // 2003-12-05 // 41.53 // 46.75 // 12.43% <<<<<
DE // 2003-12-18 // 66.65 // 65.17 // (2.22%)
EBAY // 2003-12-23 // 63.74 // 65.59 // 2.92%
EGN // 2004-01-07 // 41.00 // 43.86 // 6.98%
EQT // 2003-12-05 // 42.15 // 43.00 // 2.02%
ETN // 2003-12-03 // 105.25 // 114.13 // 8.44% <<<<<
ETR // 2003-12-17 // 55.70 // 56.25 // 0.99%
FBR // 2003-12-05 // 21.78 // 23.65 // 8.59% <<<<<
FLIR // 2004-01-07 // 38.30 // 39.26 // 1.88%
FRX // 2003-12-19 // 62.51 // 69.54 // 11.25% <<<<<
HET // 2004-01-09 // 51.11 // 51.19 // 0.16%
HMA // 2003-12-03 // 26.29 // 23.77 // (9.59%)
HRB // 2003-12-29 // 54.70 // 54.73 // 0.05%
IEX // 2003-12-08 // 41.40 // 41.95 // 1.33%
IGT // 2003-12-17 // 35.40 // 34.65 // (1.58%)
ITT // 2003-12-18 // 73.95 // 72.73 // (1.65%)
ITW // 2003-12-09 // 82.71 // 83.84 // 1.37%
JBHT // 2004-01-07 // 28.43 // 27.65 // (2.74%)
KRI // 2003-12-03 // 75.33 // 76.74 // 1.87%
LEA // 2004-01-07 // 63.40 // 66.38 // 4.70%
MATK // 2003-12-26 // 63.74 // 66.36 // 4.11%
MBG // 2003-12-11 // 44.61 // 45.80 // 2.67%
MCHP // 2003-12-03 // 35.66 // 32.83 // (7.94%)
MCO // 2003-12-29 // 60.20 // 60.35 // 0.25%
MHM // 2003-12-16 // 26.02 // 26.50 // 1.84%
MHP // 2004-01-07 // 70.56 // 70.69 // 0.18%
MI // 2003-12-03 // 37.37 // 36.18 // (3.18%)
MME // 2003-12-17 // 62.97 // 64.05 // 1.72%
MNI // 2003-12-18 // 68.25 // 69.87 // 2.37%
MOG.A // 2003-12-04 // 46.68 // 52.00 // 11.40% <<<<<
MSM // 2004-01-07 // 28.05 // 27.10 // (3.39%)
MTX // 2003-12-11 // 58.45 // 57.40 // (1.80%)
MUR // 2003-12-12 // 63.32 // 65.67 // 3.71%
NCEN // 2003-12-05 // 39.62 // 42.57 // 7.45%
NDSN // 2003-12-11 // 34.35 // 36.40 // 6.63%
NX // 2003-12-17 // 44.86 // 44.74 // (0.27%)
OCR // 2004-01-08 // 42.44 // 43.59 // 2.71%
ORI // 2003-12-04 // 25.06 // 25.96 // 3.55%
PAA // 2003-12-17 // 32.46 // 33.40 // 2.90%
PCAR // 2004-01-06 // 87.50 // 86.15 // (0.62%)
PGR // 2003-12-12 // 82.13 // 83.68 // 1.89%
PH // 2003-12-04 // 57.10 // 58.58 // 2.59%
PII // 2003-12-09 // 88.85 // 89.70 // 0.96%
PLL // 2003-12-22 // 26.72 // 26.36 // (1.35%)
PNY // 2003-12-12 // 41.91 // 42.62 // 1.69%
PRA // 2003-12-04 // 31.86 // 32.85 // 3.11%
PXD // 2003-12-08 // 30.16 // 32.80 // 8.75% <<<<<
R // 2004-01-08 // 36.11 // 37.50 // 3.85%
RESP // 2004-01-12 // 50.95 // 49.80 // X.XX%
SFG // 2004-01-09 // 64.01 // 64.10 // 0.14%
SHW // 2004-01-05 // 35.21 // 35.12 // (0.26%)
SIE // 2003-12-04 // 29.42 // 26.03 // (11.52%)
SII // 2004-01-09 // 44.07 // 43.70 // (0.84%)
SSD // 2003-12-11 // 51.38 // 50.50 // (1.71%)
SSP // 2004-01-05 // 95.40 // 93.25 // (2.25%)
STR // 2003-12-22 // 35.20 // 36.00 // 2.27%
TII // 2003-12-04 // 32.40 // 35.10 // 8.33% <<<<<
TMK // 2003-12-11 // 44.89 // 45.11 // 0.49%
TPP // 2003-12-08 // 40.10 // 38.50 // (3.99%)
UTX // 2003-12-03 // 87.27 // 93.40 // 7.02%
VAR // 2004-01-12 // 71.95 // 74.49 // X.XX%
WFMI // 2003-12-19 // 65.73 // 69.00 // 4.81%
WGR // 2003-12-04 // 46.16 // 48.19 // 4.40%
WLP // 2003-12-03 // 95.42 // 95.30 // (0.13%)
WPO // 2003-12-03 // 800.97 // 853.00 // 6.50%
WPS // 2003-12-23 // 45.75 // 44.99 // (1.66%)
XTO // 2003-12-03 // 26.18 // 28.71 // 9.66% <<<<<
YELL // 2003-12-17 // 34.81 // 37.53 // 7.93% <<<<<


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
EVG // 2003-12-04 // 15.99% // 25: 2004-01-12 // B
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A

Mean # days to gain 15%:
AD Score=A (1 trade): 14.0 days
AD Score=B (4 trades): 14.5 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 17.13 // 9.11% <<<<<
ACO // 2004-01-06 // 22.90 // 24.36 // 6.38%
ADPT // 2004-01-08 // 10.18 // 10.15 // 0.05%
AEN // 2004-01-08 // 16.05 // 15.84 // (1.31%)
AINN // 2004-01-08 // 7.70 // 8.00 // 3.90%
ALGN // 2004-01-12 // 19.79 // 19.17 // X.Xx%
ALTR // 2004-01-09 // 26.02 // 25.60 // (1.27%)
AMSY // 2004-01-08 // 16.58 // 16.20 // (2.29%)
APCC // 2003-12-18 // 24.10 // 24.75 // 2.66%
ARQL // 2004-01-08 // 5.71 // 5.50 // (3.68%)
ASPM // 2004-01-06 // 12.47 // 14.22 // 14.03% <<<<<
ASPT // 2003-12-24 // 16.55 // 17.95 // 8.36% <<<<<
ATYT // 2004-01-06 // 16.54 // 17.18 // 3.63%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AXYX // 2004-01-07 // 5.92 // 6.61 // 14.53% <<<<<
AYE // 2003-12-22 // 11.30 // 12.49 // 10.53% <<<<<
BAMM // 2004-01-08 // 6.90 // 6.96 // 0.87%
BCSI // 2003-12-26 // 22.85 // 24.30 // 6.35%
BELM // 2004-01-12 // 10.00 // 9.90 // X.XX%
BEV // 2004-01-02 // 8.86 // 8.15 // (8.01%)
BEXP // 2003-12-05 // 8.22 // 8.15 // (0.86%)
BW // 2003-12-03 // 13.96 // 15.40 // 10.32% <<<<<
BXG // 2004-01-12 // 7.67 // 7.95 // X.XX%
CACC // 2004-01-07 // 16.91 // 16.74 // (1.01%)
CALP // 2004-01-06 // 7.63 // 8.02 // 5.11%
CCK // 2003-12-19 // 9.00 // 9.19 // 2.11%
CCRN // 2004-01-05 // 16.46 // 17.33 // 5.29%
CCUR // 2004-01-12 // 5.75 // 5.30 // X.XX%
CDCY // 2004-01-02 // 11.47 // 10.81 // (5.76%)
CDN // 2004-01-07 // 18.92 // 18.43 // (2.59%)
CERG // 2003-12-22 // 5.49 // 6.05 // 10.20% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.45 // 0.55%
CLK // 2004-01-08 // 19.98 // 19.58 // (2.00%)
CNX // 2004-01-02 // 26.30 // 26.71 // 1.56%
COSN // 2004-01-08 // 8.46 // 8.33 // (1.54%)
CSCO // 2003-12-04 // 23.98 // 26.89 // 11.93% <<<<<
CTV // 2004-01-12 // 17.50 // 18.26 // X.XX%
CWST // 2004-01-06 // 14.83 // 14.79 // (0.27%)
DPH // 2003-12-30 // 10.01 // 11.37 // 13.59% <<<<<
DPL // 2003-12-31 // 20.88 // 19.85 // (4.93%)
DTPI // 2004-01-09 // 10.93 // 11.29 // 3.29%
DY // 2004-01-05 // 27.52 // 26.99 // (1.93%)
EGOV // 2003-12-23 // 7.92 // 8.47 // 6.19%
EIX // 2003-12-08 // 21.37 // 22.03 // 3.09%
ELNK // 2004-01-05 // 11.02 // 10.89 // (2.09%)
ENMC // 2004-01-08 // 9.05 // 8.88 // (1.88%)
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.35 // 10.06% <<<<<
ESST // 2004-01-05 // 18.76 // 18.70 // (0.34%)
ET // 2003-12-19 // 12.02 // 13.78 // 14.64% <<<<<
EXAR // 2004-01-07 // 19.84 // 20.16 // 1.61%
EZPW // 2004-01-12 // 9.26 // 9.55 // X.XX%
FHRX // 2004-01-07 // 13.25 // 14.63 // 11.02% <<<<<
FLDR // 2004-01-09 // 7.30 // 6.96 // (4.79%)
FLEX // 2004-01-08 // 16.47 // 16.25 // (1.09%)
FSII // 2003-12-03 // 7.00 // 7.65 // 9.29% <<<<<
GEG // 2003-12-29 // 6.90 // 7.54 // 9.28% <<<<<
GPS // 2003-12-17 // 22.05 // 19.86 // (9.93%)
GT // 2004-01-08 // 8.37 // 8.78 // 4.90%
GY // 2003-12-12 // 11.00 // 10.72 // (2.55%)
HLIT // 2004-01-08 // 9.36 // 8.93 // (5.66%)
HOLX // 2003-12-12 // 17.25 // 17.74 // 2.84%
HOMS // 2004-01-09 // 4.98 // 5.21 // 4.02%
HPQ // 2004-01-12 // 24.68 // 24.26 // X.XX%
IES // 2004-01-07 // 9.80 // 9.87 // 0.71%
IGTE // 2004-01-06 // 8.45 // 8.82 // 4.62%
ILXO // 2004-01-12 // 23.62 // 22.91 // X.XX%
IMGN // 2004-01-07 // 6.00 // 6.24 // 4.00%
INCY // 2004-01-07 // 7.60 // 8.59 // 11.97% <<<<<
IPG // 2004-01-07 // 16.57 // 16.28 // (1.75%)
IPXL // 2004-01-08 // 16.54 // 16.11 // (2.66%)
KCS // 2004-01-09 // 10.83 // 11.02 // 1.75%
KEA // 2004-01-05 // 16.67 // 17.33 // 3.96%
KEI // 2004-01-05 // 20.10 // 22.00 // 9.45% <<<<<
KFRC // 2004-01-07 // 9.94 // 10.31 // 3.72%
LNDC // 2003-12-09 // 6.47 // 5.77 // (10.83%)
LSCC // 2004-01-05 // 10.38 // 11.85 // 13.49% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.45 // 3.46%
MAXM // 2003-12-26 // 8.91 // 9.30 // 4.38%
MDCI // 2003-12-09 // 18.02 // 18.07 // 0.28%
MDR // 2003-12-31 // 11.95 // 12.16 // 1.76%
MEDX // 2004-01-09 // 7.81 // 7.74 // (1.15%)
MLNM // 2003-12-31 // 18.65 // 17.70 // (5.09%)
MSCC // 2004-01-07 // 26.64 // 27.80 // 3.27%
MVSN // 2004-01-06 // 25.27 // 25.98 // 2.45%
NOVL // 2004-01-05 // 10.70 // 11.34 // 4.86%
NTOP // 2004-01-05 // 7.67 // 8.11 // 5.48%
NTPA // 2003-12-03 // 15.85 // 17.75 // 11.74% <<<<<
NVTL // 2004-01-08 // 7.90 // 8.04 // 1.77%
NWK // 2004-01-09 // 12.30 // 13.13 // 6.75%
ONNN // 2004-01-09 // 7.42 // 7.35 // (0.05%)
OO // 2003-12-24 // 13.76 // 14.20 // 3.20%
PBY // 2003-12-19 // 22.60 // 23.23 // 2.79%
PCOP // 2004-01-05 // 16.50 // 17.99 // 8.72% <<<<<
PDE // 2004-01-09 // 19.74 // 19.85 // 0.56%
PGNX // 2004-01-09 // 20.10 // 20.22 // 0.60%
PKG // 2003-12-09 // 21.46 // 22.51 // 4.89%
PLLL // 2004-01-05 // 4.67 // 4.35 // (6.85%)
PRV // 2004-01-08 // 17.11 // 17.32 // 1.23%
PSSI // 2003-12-23 // 12.30 // 12.28 // (0.24%)
PTEK // 2004-01-08 // 10.02 // 9.95 // (0.70%)
QSFT // 2004-01-08 // 16.47 // 15.79 // (4.07%)
REM // 2004-01-12 // 21.12 // 21.12 // 0.00%
RETK // 2004-01-08 // 11.57 // 11.07 // (4.32%)
ROIA // 2004-01-02 // 19.65 // 19.60 // (1.07%)
SANM // 2004-01-06 // 13.44 // 13.54 // 0.74%
SBL // 2004-01-05 // 17.88 // 18.40 // 2.91%
SBSA // 2004-01-05 // 11.16 // 11.15 // (0.09%)
SBYN // 2004-01-05 // 4.67 // 5.23 // 11.56% <<<<<
SCIX // 2004-01-05 // 5.27 // 5.40 // 2.47%
SEBL // 2004-01-05 // 15.39 // 15.19 // (1.36%)
SFE // 2004-01-08 // 4.93 // 5.22 // 5.88%
SFY // 2004-01-12 // 18.75 // 18.75 // X.XX%
SKS // 2004-01-12 // 16.38 // 15.96 // X.XX%
SMTC // 2004-01-08 // 25.58 // 25.14 // (2.46%)
SNS // 2004-01-12 // 20.44 // 19.97 // X.XX%
SRV // 2004-01-07 // 5.74 // 6.10 // 6.27%
STLW // 2004-01-08 // 7.56 // 7.27 // (3.84%)
STXN // 2004-01-08 // 5.20 // 4.98 // (4.23%)
TELK // 2004-01-07 // 23.65 // 23.35 // (1.23%)
TKLC // 2004-01-08 // 18.04 // 19.14 // 6.10%
TKTX // 2003-12-29 // 16.05 // 13.04 // (19.00%)
TLRK // 2004-01-09 // 18.59 // 19.14 // 0.86%
TMR // 2004-01-09 // 6.36 // 6.30 // (0.94%)
TRR // 2003-12-08 // 21.30 // 21.30 // 0.00%
TTI // 2003-12-30 // 25.33 // 26.18 // 3.36%
TUP // 2003-12-31 // 17.34 // 18.25 // 5.25%
TUTR // 2004-01-09 // 11.76 // 12.57 // 6.63%
TUTS // 2004-01-07 // 7.10 // 7.13 // 0.42%
TXU // 2004-01-05 // 23.87 // 23.48 // (1.63%)
UCO // 2003-12-08 // 25.16 // 27.00 // 7.31%
UNT // 2004-01-09 // 24.46 // 24.82 // 1.47%
USON // 2004-01-07 // 11.45 // 12.74 // 11.00% <<<<<
USU // 2003-12-12 // 8.46 // 8.52 // 0.71%
VICR // 2004-01-12 // 12.99 // 13.19 // X.XX%
VITR // 2004-01-12 // 8.38 // 7.85 // X.XX%
VRSN // 2004-01-06 // 17.90 // 19.69 // 9.89% <<<<<
VTS // 2004-01-08 // 11.90 // 12.75 // 7.14%
VYYO // 2003-12-26 // 8.75 // 9.31 // 6.40%
WCC // 2004-01-06 // 11.02 // 9.40 // (14.70%)
XEL // 2003-12-03 // 17.01 // 17.08 // 0.41%
XRX // 2003-12-04 // 12.49 // 13.75 // 10.09% <<<<<


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
DITC // 2003-12-04 // 26.44% // 25: 2004-01-12 // B
LCAV // 2003-12-04 // 17.86% // 25: 2004-01-12 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TMR // 2003-12-08 // 17.56% // 22: 2004-01-09 // A
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B
SORC // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
PMTI // 2003-12-17 // 20.04% // 16: 2004-01-12 // A
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
AZPN // 2003-12-19 // 20.68% // 14: 2004-01-12 // A
VITR // 2003-12-19 // 18.03% // 14: 2004-01-12 // A
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
HNR // 2003-12-24 // 15.78% // 10: 2004-01-09 // B
TRPH // 2003-12-26 // 17.99% // 9: 2004-01-09 // B
AMXC // 2003-12-30 // 18.75% // 8: 2004-01-12 // B
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A
PLUG // 2004-01-02 // 20.45% // 6: 2004-01-12 // A
STEI // 2004-01-02 // 16.32% // 7: 2004-01-13 // B
MICU // 2004-01-06 // 18.91% // 4: 2004-01-12 // A


Mean # days to gain 15%:
AD Score=A (16 trades): 12.81 days
AD Score=B (16 trades): 11.69 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-14


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2004-01-14 // TROW // A // 50.49 // 50.49 // 0.00 % // Prev resis was 48.00 (actually >14Y) peak in ~2000-Aug.
2004-01-14 // UTR // A // 42.54 // 42.54 // 0.00 % // Prev resis was 40.00 (actually >12Y) peak in 2002-Apr.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-14 // ABS // A // 23.77 // 23.77 // 0.00 % // [45% 34.50]
2004-01-14 // AKAM // A // 14.59 // 14.59 // 0.00 % // [722% ~120.00]
2004-01-14 // ARXX // A // 14.75 // 14.75 // 0.00 % // [49% 22.00]
2004-01-14 // BEIQ // C // 21.27 // 21.27 // 0.00 % // Approaching ~22.50 (actually >2Y) peak in 2002-May.
2004-01-14 // CK // A // 7.74 // 7.74 // 0.00 % // [68% 13.00]
2004-01-14 // CMNT // A // 11.34 // 11.34 // 0.00 % // [120% 25.00]
2004-01-14 // CTS // B // 15.00 // 15.00 // 0.00 % // [33% 20.00]
2004-01-14 // HPOL // A // 9.30 // 9.30 // 0.00 % // [94% 18.00]
2004-01-14 // HXL // A // 8.25 // 8.25 // 0.00 % // [52% 12.50]
2004-01-14 // PLXS // A // 20.12 // 20.12 // 0.00 % // [99% ~40.00]
2004-01-14 // TWX // A // 18.68 // 18.68 // 0.00 % // [103% 38.00]
2004-01-14 // VIVO // C // 12.16 // 12.16 // 0.00 % // Approaching ~13.50 (actually >20Y) peak in ~1996-Jun.



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ABK // 2004-01-12 // 71.65 // 73.29 // 2.29%
ACS // 2003-01-05 // 56.82 // 56.92 // 0.18%
ALEX // 2003-12-10 // 32.36 // 33.35 // 2.90%
ALD // 2004-01-13 // 28.81 // 30.02 // 6.42%
AMB // 2003-12-08 // 32.32 // 33.79 // 4.55%
APD // 2004-01-13 // 53.96 // 54.71 // 1.39%
APU // 2003-12-08 // 27.21 // 28.66 // 5.33%
AXL // 2004-01-07 // 41.98 // 40.68 // (3.10%)
BCR // 2003-12-19 // 81.12 // 85.16 // 4.98%
BLK // 2004-01-07 // 58.00 // 56.48 // (2.62%)
BLL // 2003-12-22 // 59.50 // 57.73 // (2.97%)
BMET // 2003-12-03 // 36.15 // 36.60 // 1.13%
BPL // 2003-12-17 // 44.38 // 41.70 // (6.04%)
BR // 2003-12-18 // 56.32 // 57.45 // 2.01%
BRK.A // 2003-12-03 // 84,399.98 // 86,005.00 // 1.90%
BRL // 2003-12-03 // 83.34 // 72.00 // (13.61%)
CAT // 2003-12-16 // 81.02 // 83.70 // 3.31%
CHK // 2003-12-12 // 13.15 // 13.41 // 1.98%
CMX // 2003-12-03 // 27.58 // 24.95 // (9.54%)
CRK // 2003-12-11 // 18.63 // 19.95 // 7.09%
CRR // 2003-12-05 // 48.24 // 51.50 // 6.76%
CVH // 2003-12-29 // 65.76 // 65.16 // (0.91%)
DE // 2003-12-18 // 66.65 // 65.61 // (1.56%)
EBAY // 2003-12-23 // 63.74 // 65.95 // 2.54%
EGN // 2004-01-07 // 41.00 // 44.03 // 7.39%
EQT // 2003-12-05 // 42.15 // 42.96 // 1.92%
ETN // 2003-12-03 // 105.25 // 115.90 // 10.12% <<<<<
ETR // 2003-12-17 // 55.70 // 57.00 // 2.33%
FBR // 2003-12-05 // 21.78 // 24.25 // 11.34% <<<<<
FLIR // 2004-01-07 // 38.30 // 40.01 // 5.04%
FRX // 2003-12-19 // 62.51 // 69.74 // 11.57% <<<<<
HET // 2004-01-09 // 51.11 // 51.95 // 1.64%
HMA // 2003-12-03 // 26.29 // 24.29 // (7.61%)
HRB // 2003-12-29 // 54.70 // 56.84 // 5.39%
IEX // 2003-12-08 // 41.40 // 42.69 // 3.12%
IGT // 2003-12-17 // 35.40 // 34.89 // (1.41%)
ITT // 2003-12-18 // 73.95 // 72.44 // (2.04%)
ITW // 2003-12-09 // 82.71 // 84.64 // 2.33%
JBHT // 2004-01-07 // 28.43 // 27.64 // (2.77%)
KRI // 2003-12-03 // 75.33 // 77.24 // 2.54%
LEA // 2004-01-07 // 63.40 // 66.91 // 5.54%
MATK // 2003-12-26 // 63.74 // 67.73 // 6.70%
MBG // 2003-12-11 // 44.61 // 46.15 // 3.45%
MCHP // 2003-12-03 // 35.66 // 33.21 // (6.27%)
MCO // 2003-12-29 // 60.20 // 61.41 // 2.01%
MHM // 2003-12-16 // 26.02 // 26.11 // 0.35%
MHP // 2004-01-07 // 70.56 // 71.00 // 0.62%
MI // 2003-12-03 // 37.37 // 36.55 // (2.19%)
MME // 2003-12-17 // 62.97 // 65.15 // 3.46%
MNI // 2003-12-18 // 68.25 // 70.34 // 3.06%
MSM // 2004-01-07 // 28.05 // 27.18 // (3.10%)
MTX // 2003-12-11 // 58.45 // 58.65 // (0.34%)
MUR // 2003-12-12 // 63.32 // 64.69 // 2.16%
NCEN // 2003-12-05 // 39.62 // 43.70 // 9.69% <<<<<
NDSN // 2003-12-11 // 34.35 // 37.17 // 8.21% <<<<<
NX // 2003-12-17 // 44.86 // 45.53 // 1.49%
OCR // 2004-01-08 // 42.44 // 44.29 // 4.36%
ORI // 2003-12-04 // 25.06 // 25.69 // 2.47%
PAA // 2003-12-17 // 32.46 // 33.25 // 2.43%
PCAR // 2004-01-06 // 87.50 // 85.51 // (2.29%)
PGR // 2003-12-12 // 82.13 // 85.22 // 3.76%
PH // 2003-12-04 // 57.10 // 59.88 // 4.87%
PII // 2003-12-09 // 88.85 // 90.37 // 1.71%
PLL // 2003-12-22 // 26.72 // 26.64 // (0.30%)
PNY // 2003-12-12 // 41.91 // 43.33 // 3.39%
PRA // 2003-12-04 // 31.86 // 32.74 // 2.76%
PXD // 2003-12-08 // 30.16 // 32.66 // 8.29% <<<<<
R // 2004-01-08 // 36.11 // 36.99 // 2.44%
RESP // 2004-01-12 // 50.95 // 49.80 // (2.26%)
SFG // 2004-01-09 // 64.01 // 64.19 // 0.28%
SHW // 2004-01-05 // 35.21 // 34.90 // (0.88%)
SIE // 2003-12-04 // 29.42 // 26.40 // (10.27%)
SII // 2004-01-09 // 44.07 // 42.59 // (3.36%)
SSD // 2003-12-11 // 51.38 // 50.85 // (1.03%)
SSP // 2004-01-05 // 95.40 // 93.10 // (2.41%)
STR // 2003-12-22 // 35.20 // 36.02 // 2.33%
TII // 2003-12-04 // 32.40 // 35.25 // 8.80% <<<<<
TMK // 2003-12-11 // 44.89 // 45.40 // 1.14%
TPP // 2003-12-08 // 40.10 // 38.70 // (3.49%)
UTX // 2003-12-03 // 87.27 // 95.85 // 9.83% <<<<<
VAR // 2004-01-12 // 71.95 // 74.91 // 4.11%
WFMI // 2003-12-19 // 65.73 // 70.85 // 7.59% <<<<<
WGR // 2003-12-04 // 46.16 // 48.14 // 4.29%
WLP // 2003-12-03 // 95.42 // 98.05 // 2.75%
WPO // 2003-12-03 // 800.97 // 843.55 // 5.32%
WPS // 2003-12-23 // 45.75 // 45.42 // (0.72%)
XTO // 2003-12-03 // 26.18 // 28.29 // 8.06% <<<<<
YELL // 2003-12-17 // 34.81 // 38.00 // 9.16% <<<<<


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
EVG // 2003-12-04 // 15.99% // 25: 2004-01-12 // B
MOG.A // 2003-12-04 // 15.10% // 27: 2004-01-14 // A
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
CW // 2003-12-05 // 15.41% // 26: 2004-01-14 // B
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A

Mean # days to gain 15%:
AD Score=A (2 trade): 20.5 days
AD Score=B (5 trades): 16.8 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ACF // 2003-12-29 // 15.70 // 17.55 // 11.78% <<<<<
ACO // 2004-01-06 // 22.90 // 24.11 // 5.28%
ADPT // 2004-01-08 // 10.18 // 10.15 // (0.29%)
AEN // 2004-01-08 // 16.05 // 15.88 // (1.06%)
AINN // 2004-01-08 // 7.70 // 7.75 // 0.65%
ALGN // 2004-01-12 // 19.79 // 19.68 // (0.69%)
ALTR // 2004-01-09 // 26.02 // 25.84 // (2.11%)
AMSY // 2004-01-08 // 16.58 // 16.43 // (0.90%)
AMTD // 2004-01-13 // 15.12 // 15.30 // 0.86%
APCC // 2003-12-18 // 24.10 // 25.26 // 3.82%
ARQL // 2004-01-08 // 5.71 // 5.36 // (6.13%)
ASPM // 2004-01-06 // 12.47 // 14.28 // 14.51% <<<<<
ASPT // 2003-12-24 // 16.55 // 17.41 // 4.84%
ATYT // 2004-01-06 // 16.54 // 16.92 // 0.06%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AXYX // 2004-01-07 // 5.92 // 6.27 // 5.57%
AYE // 2003-12-22 // 11.30 // 12.60 // 11.50% <<<<<
AZPN // 2004-01-13 // 11.73 // 11.90 // 1.45%
BAMM // 2004-01-08 // 6.90 // 6.71 // (2.75%)
BCSI // 2003-12-26 // 22.85 // 25.38 // 11.07% <<<<<
BELM // 2004-01-12 // 10.00 // 9.97 // (0.30%)
BEV // 2004-01-02 // 8.86 // 8.54 // (3.61%)
BEXP // 2003-12-05 // 8.22 // 8.25 // 0.35%
BW // 2003-12-03 // 13.96 // 15.50 // 11.03% <<<<<
BXG // 2004-01-12 // 7.67 // 8.02 // 4.56%
CACC // 2004-01-07 // 16.91 // 16.95 // 0.24%
CCK // 2003-12-19 // 9.00 // 9.18 // 2.00%
CCRN // 2004-01-05 // 16.46 // 18.56 // 12.76% <<<<<
CCUR // 2004-01-12 // 5.75 // 5.20 // (9.79%)
CDCY // 2004-01-02 // 11.47 // 11.25 // (1.93%)
CDN // 2004-01-07 // 18.92 // 19.07 // 0.79%
CERG // 2003-12-22 // 5.49 // 5.90 // 7.47%
CHRD // 2003-12-30 // 5.42 // 5.58 // 2.95%
CLK // 2004-01-08 // 19.98 // 18.92 // (5.31%)
CNX // 2004-01-02 // 26.30 // 26.92 // 2.36%
COSN // 2004-01-08 // 8.46 // 8.42 // (0.47%)
CSCO // 2003-12-04 // 23.98 // 27.40 // 14.26% <<<<<
CTV // 2004-01-12 // 17.50 // 18.65 // 6.57%
CWST // 2004-01-06 // 14.83 // 14.80 // (0.20%)
DIS // 2004-01-13 // 24.68 // 24.90 // 0.89%
DITC // 2004-01-13 // 22.18 // 21.94 // (1.08%)
DPL // 2003-12-31 // 20.88 // 19.82 // (5.08%)
DTPI // 2004-01-09 // 10.93 // 11.39 // 4.21%
DY // 2004-01-05 // 27.52 // 27.60 // (0.29%)
EGOV // 2003-12-23 // 7.92 // 8.64 // 11.11% <<<<<
EIX // 2003-12-08 // 21.37 // 22.12 // 3.51%
ELNK // 2004-01-05 // 11.02 // 10.83 // (1.81%)
ENMC // 2004-01-08 // 9.05 // 9.15 // 2.21%
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 27.96 // 12.52% <<<<<
ESST // 2004-01-05 // 18.76 // 18.58 // (0.78%)
EXAR // 2004-01-07 // 19.84 // 20.59 // 2.27%
EZPW // 2004-01-12 // 9.26 // 9.77 // 5.51%
FHRX // 2004-01-07 // 13.25 // 14.63 // 10.42% <<<<<
FLDR // 2004-01-09 // 7.30 // 6.95 // (4.79%)
FLEX // 2004-01-08 // 16.47 // 16.51 // (0.67%)
FSII // 2003-12-03 // 7.00 // 7.50 // 7.59% <<<<<
GEG // 2003-12-29 // 6.90 // 7.68 // 11.30% <<<<<
GORX // 2004-01-13 // 6.23 // 6.75 // 8.03% <<<<<
GPS // 2003-12-17 // 22.05 // 20.45 // (7.26%)
GT // 2004-01-08 // 8.37 // 8.95 // 6.93%
GY // 2003-12-12 // 11.00 // 10.89 // (1.00%)
HLIT // 2004-01-08 // 9.36 // 8.92 // (4.38%)
HOLX // 2003-12-12 // 17.25 // 17.95 // 3.19%
HOMS // 2004-01-09 // 4.98 // 5.30 // 6.43%
HPQ // 2004-01-12 // 24.68 // 24.70 // 0.01%
IDEV // 2004-01-13 // 6.95 // 6.90 // (2.59%)
IES // 2004-01-07 // 9.80 // 9.94 // 1.43%
IGTE // 2004-01-06 // 8.45 // 8.87 // 4.97%
ILXO // 2004-01-12 // 23.62 // 23.51 // (0.50%)
IMGN // 2004-01-07 // 6.00 // 6.45 // 7.83% <<<<<
IPG // 2004-01-07 // 16.57 // 16.55 // (0.12%)
IPXL // 2004-01-08 // 16.54 // 16.81 // (1.81%)
KCS // 2004-01-09 // 10.83 // 11.10 // 2.49%
KEA // 2004-01-05 // 16.67 // 17.28 // 3.66%
KEI // 2004-01-05 // 20.10 // 22.38 // 11.34% <<<<<
KFRC // 2004-01-07 // 9.94 // 10.75 // 8.15% <<<<<
LNDC // 2003-12-09 // 6.47 // 5.82 // (9.89%)
LSCC // 2004-01-05 // 10.38 // 11.57 // 9.44% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.45 // 3.46%
MAXM // 2003-12-26 // 8.91 // 9.21 // 3.38%
MDCI // 2003-12-09 // 18.02 // 18.43 // 2.22%
MDR // 2003-12-31 // 11.95 // 11.49 // (3.85%)
MEDX // 2004-01-09 // 7.81 // 8.17 // 4.10%
MLNM // 2003-12-31 // 18.65 // 17.19 // (7.51%)
MONE // 2004-01-13 // 7.60 // 7.47 // (1.71%)
MSCC // 2004-01-07 // 26.64 // 27.80 // 4.35%
MVSN // 2004-01-06 // 25.27 // 26.10 // 2.77%
NOVL // 2004-01-05 // 10.70 // 11.56 // 7.10%
NTOP // 2004-01-05 // 7.67 // 7.66 // (0.14%)
NTPA // 2003-12-03 // 15.85 // 17.92 // 13.00% <<<<<
NVTL // 2004-01-08 // 7.90 // 8.99 // 13.91% <<<<<
NWK // 2004-01-09 // 12.30 // 13.46 // 13.01% <<<<<
NXTP // 2004-01-13 // 14.52 // 15.02 // 3.44%
ONNN // 2004-01-09 // 7.42 // 7.80 // 2.43%
OO // 2003-12-24 // 13.76 // 14.25 // 3.56%
OVRL // 2004-01-13 // 22.46 // 21.75 // (3.16%)
PBY // 2003-12-19 // 22.60 // 23.50 // 3.98%
PCOP // 2004-01-05 // 16.50 // 18.27 // 10.12% <<<<<
PDE // 2004-01-09 // 19.74 // 19.24 // (2.53%)
PGNX // 2004-01-09 // 20.10 // 20.92 // 3.68%
PKG // 2003-12-09 // 21.46 // 22.63 // 5.45%
PLLL // 2004-01-05 // 4.67 // 4.35 // (6.42%)
PRV // 2004-01-08 // 17.11 // 17.54 // 2.51%
PSSI // 2003-12-23 // 12.30 // 12.14 // (1.89%)
PTEK // 2004-01-08 // 10.02 // 10.03 // 0.09%
QSFT // 2004-01-08 // 16.47 // 16.36 // (0.67%)
REM // 2004-01-12 // 21.12 // 20.85 // (1.28%)
RETK // 2004-01-08 // 11.57 // 11.10 // (4.06%)
ROIA // 2004-01-02 // 19.65 // 19.44 // (1.07%)
SANM // 2004-01-06 // 13.44 // 13.69 // 1.56%
SBL // 2004-01-05 // 17.88 // 18.47 // 3.30%
SBSA // 2004-01-05 // 11.16 // 11.10 // (0.55%)
SBYN // 2004-01-05 // 4.67 // 5.10 // 9.21% <<<<<
SCIX // 2004-01-05 // 5.27 // 5.44 // 3.23%
SEBL // 2004-01-05 // 15.39 // 15.19 // (1.30%)
SFY // 2004-01-12 // 18.75 // 18.21 // (2.88%)
SKS // 2004-01-12 // 16.38 // 16.25 // (0.79%)
SMTC // 2004-01-08 // 25.58 // 25.09 // (2.46%)
SNS // 2004-01-12 // 20.44 // 20.11 // (1.61%)
SRV // 2004-01-07 // 5.74 // 6.20 // 8.01% <<<<<
STLW // 2004-01-08 // 7.56 // 7.42 // (1.85%)
STXN // 2004-01-08 // 5.20 // 5.05 // (3.46%)
TELK // 2004-01-07 // 23.65 // 23.50 // (0.63%)
TKLC // 2004-01-08 // 18.04 // 18.84 // 4.43%
TKTX // 2003-12-29 // 16.05 // 13.09 // (19.25%)
TLRK // 2004-01-09 // 18.59 // 18.75 // 0.86%
TMR // 2004-01-09 // 6.36 // 6.21 // (2.36%)
TRR // 2003-12-08 // 21.30 // 21.77 // 2.21%
TTI // 2003-12-30 // 25.33 // 25.31 // 0.08%
TUP // 2003-12-31 // 17.34 // 18.32 // 5.65%
TUTR // 2004-01-09 // 11.76 // 12.50 // 5.70%
TUTS // 2004-01-07 // 7.10 // 7.08 // (0.29%)
TXU // 2004-01-05 // 23.87 // 23.61 // (1.05%)
UCO // 2003-12-08 // 25.16 // 26.61 // 5.76%
UNT // 2004-01-09 // 24.46 // 24.45 // (0.04%)
USON // 2004-01-07 // 11.45 // 12.85 // 12.22% <<<<<
USU // 2003-12-12 // 8.46 // 8.50 // 0.47%
VICR // 2004-01-12 // 12.99 // 13.09 // 0.08%
VITR // 2004-01-12 // 8.38 // 8.00 // (4.53%)
VRSN // 2004-01-06 // 17.90 // 19.69 // 10.00% <<<<<
VTS // 2004-01-08 // 11.90 // 12.33 // 3.61%
VYYO // 2003-12-26 // 8.75 // 9.55 // 9.14% <<<<<
WCC // 2004-01-06 // 11.02 // 10.10 // (8.35%)
XEL // 2003-12-03 // 17.01 // 17.15 // 0.82%
XRX // 2003-12-04 // 12.49 // 13.75 // 10.09% <<<<<


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
DITC // 2003-12-04 // 26.44% // 25: 2004-01-12 // B
LCAV // 2003-12-04 // 17.86% // 25: 2004-01-12 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TMR // 2003-12-08 // 17.56% // 22: 2004-01-09 // A
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B
SORC // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
PMTI // 2003-12-17 // 20.04% // 16: 2004-01-12 // A
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
AZPN // 2003-12-19 // 20.68% // 14: 2004-01-12 // A
ET // 2003-12-19 // 19.38% // 16: 2004-01-14 // B
VITR // 2003-12-19 // 18.03% // 14: 2004-01-12 // A
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
HNR // 2003-12-24 // 15.78% // 10: 2004-01-09 // B
TRPH // 2003-12-26 // 17.99% // 9: 2004-01-09 // B
AMXC // 2003-12-30 // 18.75% // 8: 2004-01-12 // B
DPH // 2003-12-30 // 16.58% // 10: 2004-01-14 // A
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A
PLUG // 2004-01-02 // 20.45% // 6: 2004-01-12 // A
STEI // 2004-01-02 // 16.32% // 7: 2004-01-13 // B
CALP // 2004-01-06 // 19.13% // 6: 2004-01-14 // A
MICU // 2004-01-06 // 18.91% // 4: 2004-01-12 // A
INCY // 2004-01-07 // 23.16% // 5: 2004-01-14 // A
SFE // 2004-01-08 // 15.62% // 4: 2004-01-14 // A


Mean # days to gain 15%:
AD Score=A (20 trades): 11.5 days
AD Score=B (17 trades): 11.94 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.

END-OF-DAY LISTING
2004-01-15


-----------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from MSN Money Central Daily List of 5-Year Highs
-----------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments

2004-01-15 // BPOP // A // 47.88 // 47.88 // 0.00 % // Prev resis was 48.00 (actually >14Y) peak in 2003-Nov.
2004-01-15 // MAN // A // 49.14 // 49.14 // 0.00 % // Prev resis was 48.00 (actually >15Y) peak in 2003-Nov.



-------------------------------------------------------------------------------
Candidates from Chart Harvest(TM) from Barchart.com Daily List of 52-Week Highs
-------------------------------------------------------------------------------

AD // Symbol // AD Score // AD EOD price // Today's EOD price // Gain (loss) since AD // Comments [% upside to next resis]

2004-01-15 // AVX // B // 18.36 // 18.36 // 0.00 % // [31% ~24.00]
2004-01-15 // BWC // C // 22.79 // 22.79 // 0.00 % // Approaching 25.00 (actually >1.5Y) peak in 2002-May.
2004-01-15 // CCC // B // 7.14 // 7.14 // 0.00 % // [29% 9.20]
2004-01-15 // CENX // A // 25.66 // 25.66 // 0.00 % // Prev resis at 23.00 in 2001-May (>2.5Y high).
2004-01-15 // HELX // B // 24.60 // 24.60 // 0.00 % // [22% 30.00]
2004-01-15 // LCAV // A // 25.62 // 25.62 // 0.00 % // Prev resis at 23.00 in 2003-Dec (>3Y high).
2004-01-15 // LNOP // B // 11.62 // 11.62 // 0.00 % // [29% 15.00]
2004-01-15 // LTXX // A // 17.96 // 17.96 // 0.00 % // [53% 27.50]
2004-01-15 // MROI // A // 17.20 // 17.20 // 0.00 % // [40% 24.00]
2004-01-15 // PNO // A // 7.00 // 7.00 // 0.00 % // [43% 10.00]
2004-01-15 // PR // A // 14.57 // 14.57 // 0.00 % // [37% 20.00]
2004-01-15 // PRGO // C // 16.74 // 16.74 // 0.00 % // Approaching 18.00 (actually >9Y) peak in ~2001-Jul.
2004-01-15 // PRGS // A // 24.30 // 24.30 // 0.00 % // Prev resis at 24.00 in 2003-Oct (>3.5Y high).
2004-01-15 // RMIX // B // 7.04 // 7.04 // 0.00 % // [29% 9.00]
2004-01-15 // TJX // A // 23.57 // 23.57 // 0.00 % // Prev resis at 23.00 in 2003-Dec (>16Y high).
2004-01-15 // VTIV // A // 10.25 // 10.25 // 0.00 % // [95% 20.00]



----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ABK // 2004-01-12 // 71.65 // 73.53 // 2.62%
ACS // 2003-01-05 // 56.82 // 57.40 // 1.02%
ALEX // 2003-12-10 // 32.36 // 33.25 // 2.75%
ALD // 2004-01-13 // 28.81 // 28.57 // 1.28%
AMB // 2003-12-08 // 32.32 // 33.85 // 4.73%
APD // 2004-01-13 // 53.96 // 54.87 // 1.69%
APU // 2003-12-08 // 27.21 // 28.70 // 5.48%
AXL // 2004-01-07 // 41.98 // 40.87 // (2.64%)
BCR // 2003-12-19 // 81.12 // 85.83 // 5.81%
BLK // 2004-01-07 // 58.00 // 56.13 // (3.22%)
BLL // 2003-12-22 // 59.50 // 57.51 // (3.34%)
BMET // 2003-12-03 // 36.15 // 37.41 // 3.49%
BPL // 2003-12-17 // 44.38 // 41.85 // (5.70%)
BR // 2003-12-18 // 56.32 // 56.19 // (0.23%)
BRK.A // 2003-12-03 // 84,399.98 // 85,600.00 // 1.42%
BRL // 2003-12-03 // 83.34 // 70.48 // (15.43%)
CAT // 2003-12-16 // 81.02 // 83.38 // 2.91%
CHK // 2003-12-12 // 13.15 // 12.83 // (2.43%)
CMX // 2003-12-03 // 27.58 // 25.78 // (6.53%)
CRK // 2003-12-11 // 18.63 // 18.90 // 1.45%
CRR // 2003-12-05 // 48.24 // 50.21 // 4.08%
CVH // 2003-12-29 // 65.76 // 65.86 // 0.15%
DE // 2003-12-18 // 66.65 // 66.03 // (0.93%)
EBAY // 2003-12-23 // 63.74 // 66.63 // 4.72%
EGN // 2004-01-07 // 41.00 // 43.31 // 5.63%
EQT // 2003-12-05 // 42.15 // 42.69 // 1.28%
ETN // 2003-12-03 // 105.25 // 117.02 // 11.18% <<<<<
ETR // 2003-12-17 // 55.70 // 56.78 // 1.94%
FBR // 2003-12-05 // 21.78 // 24.38 // 11.94% <<<<<
FLIR // 2004-01-07 // 38.30 // 39.99 // 4.15%
FRX // 2003-12-19 // 62.51 // 70.03 // 12.03% <<<<<
HET // 2004-01-09 // 51.11 // 51.76 // 1.27%
HMA // 2003-12-03 // 26.29 // 24.62 // (6.35%)
HRB // 2003-12-29 // 54.70 // 57.68 // 5.45%
IEX // 2003-12-08 // 41.40 // 43.00 // 3.86%
IGT // 2003-12-17 // 35.40 // 35.88 // (1.36%)
ITT // 2003-12-18 // 73.95 // 72.62 // (1.80%)
ITW // 2003-12-09 // 82.71 // 84.78 // 2.50%
JBHT // 2004-01-07 // 28.43 // 27.63 // (3.43%)
JEF // 2004-01-12 // 34.38 // 34.87 // 1.43%
KRI // 2003-12-03 // 75.33 // 77.51 // 2.89%
LEA // 2004-01-07 // 63.40 // 67.75 // 6.86%
MATK // 2003-12-26 // 63.74 // 65.60 // 2.92%
MBG // 2003-12-11 // 44.61 // 46.44 // 4.10%
MCHP // 2003-12-03 // 35.66 // 33.42 // (5.97%)
MCO // 2003-12-29 // 60.20 // 60.90 // 1.16%
MHM // 2003-12-16 // 26.02 // 26.65 // 2.42%
MHP // 2004-01-07 // 70.56 // 71.60 // 1.47%
MI // 2003-12-03 // 37.37 // 37.48 // 0.29%
MME // 2003-12-17 // 62.97 // 65.35 // 3.78%
MNI // 2003-12-18 // 68.25 // 69.89 // 2.40%
MSM // 2004-01-07 // 28.05 // 27.16 // (3.17%)
MTX // 2003-12-11 // 58.45 // 57.81 // (1.09%)
MUR // 2003-12-12 // 63.32 // 63.20 // (0.19%)
NCEN // 2003-12-05 // 39.62 // 43.80 // 10.55% <<<<<
NDSN // 2003-12-11 // 34.35 // 36.97 // 7.63% <<<<<
NX // 2003-12-17 // 44.86 // 44.77 // (0.20%)
OCR // 2004-01-08 // 42.44 // 44.18 // 4.10%
ORI // 2003-12-04 // 25.06 // 25.60 // 2.15%
PAA // 2003-12-17 // 32.46 // 33.22 // 2.34%
PCAR // 2004-01-06 // 87.50 // 85.43 // (2.46%)
PGR // 2003-12-12 // 82.13 // 84.22 // 2.54%
PH // 2003-12-04 // 57.10 // 60.02 // 5.11%
PII // 2003-12-09 // 88.85 // 88.69 // (0.18%)
PLL // 2003-12-22 // 26.72 // 27.27 // 2.06%
PNY // 2003-12-12 // 41.91 // 43.36 // 3.46%
PRA // 2003-12-04 // 31.86 // 32.60 // 2.32%
PXD // 2003-12-08 // 30.16 // 32.25 // 6.93%
R // 2004-01-08 // 36.11 // 37.55 // 3.99%
RESP // 2004-01-12 // 50.95 // 49.88 // (0.02%)
SFG // 2004-01-09 // 64.01 // 64.55 // 0.84%
SHW // 2004-01-05 // 35.21 // 34.57 // (1.82%)
SIE // 2003-12-04 // 29.42 // 26.76 // (9.04%)
SII // 2004-01-09 // 44.07 // 41.49 // (5.85%)
SSD // 2003-12-11 // 51.38 // 50.67 // (1.38%)
SSP // 2004-01-05 // 95.40 // 92.70 // (2.83%)
STR // 2003-12-22 // 35.20 // 35.65 // 1.28%
TII // 2003-12-04 // 32.40 // 35.20 // 8.64% <<<<<
TMK // 2003-12-11 // 44.89 // 45.19 // 0.67%
TPP // 2003-12-08 // 40.10 // 38.56 // (3.84%)
TROW // 2004-01-14 // 50.49 // 50.98 // 0.97%
UTR // 2004-01-14 // 42.54 // 42.44 // (0.01%)
UTX // 2003-12-03 // 87.27 // 95.40 // 9.32% <<<<<
VAR // 2004-01-12 // 71.95 // 74.19 // 3.11%
WFMI // 2003-12-19 // 65.73 // 70.61 // 7.42%
WGR // 2003-12-04 // 46.16 // 48.32 // 4.68%
WLP // 2003-12-03 // 95.42 // 99.17 // 3.93%
WPO // 2003-12-03 // 800.97 // 843.99 // 5.37%
WPS // 2003-12-23 // 45.75 // 45.49 // (0.57%)
XTO // 2003-12-03 // 26.18 // 27.24 // 4.05%
YELL // 2003-12-17 // 34.81 // 37.30 // 7.15%


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

CMC // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
EVG // 2003-12-04 // 15.99% // 25: 2004-01-12 // B
MOG.A // 2003-12-04 // 15.10% // 27: 2004-01-14 // A
PVA // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
CW // 2003-12-05 // 15.41% // 26: 2004-01-14 // B
SWN // 2003-12-10 // 15.94% // 11: 2003-12-26 // B
GWR // 2003-12-16 // 16.82% // 14: 2004-01-07 // A

Mean # days to gain 15%:
AD Score=A (2 trade): 20.5 days
AD Score=B (5 trades): 16.8 days




52-Week Highs List
------------------

Symbol // AD // AD EOD price // Today's EOD price // Gain (loss)

ABS // 2004-01-14 // 23.77 // 24.09 // 1.35%
ACF // 2003-12-29 // 15.70 // 17.90 // 14.01% <<<<<
ACO // 2004-01-06 // 22.90 // 23.86 // 4.19%
ADPT // 2004-01-08 // 10.18 // 10.10 // (0.69%)
AEN // 2004-01-08 // 16.05 // 15.94 // (0.68%)
AINN // 2004-01-08 // 7.70 // 7.76 // 0.78%
AKAM // 2004-01-14 // 14.33 // 14.59 // 1.81%
ALGN // 2004-01-12 // 19.79 // 19.20 // (2.98%)
ALTR // 2004-01-09 // 26.02 // 24.91 // (4.27%)
AMSY // 2004-01-08 // 16.58 // 16.06 // (3.14%)
AMTD // 2004-01-13 // 15.12 // 15.08 // (0.26%)
APCC // 2003-12-18 // 24.10 // 26.31 // 9.17% <<<<<
ARQL // 2004-01-08 // 5.71 // 5.41 // (5.25%)
ARXX // 2004-01-14 // 14.75 // 14.76 // 0.00%
ASPT // 2003-12-24 // 16.55 // 17.72 // 7.07%
ATYT // 2004-01-06 // 16.54 // 17.01 // 3.20%
AXCA // 2003-12-30 // 15.58 // 15.65 // 0.44%
AXYX // 2004-01-07 // 5.92 // 6.28 // 6.25%
AYE // 2003-12-22 // 11.30 // 12.67 // 12.12% <<<<<
AZPN // 2004-01-13 // 11.73 // 11.58 // (1.28%)
BAMM // 2004-01-08 // 6.90 // 6.78 // (1.74%)
BCSI // 2003-12-26 // 22.85 // 24.34 // 6.52%
BELM // 2004-01-12 // 10.00 // 9.81 // (1.90%)
BEV // 2004-01-02 // 8.86 // 8.44 // (4.74%)
BEXP // 2003-12-05 // 8.22 // 8.20 // (0.24%)
BW // 2003-12-03 // 13.96 // 15.63 // 11.96% <<<<<
BXG // 2004-01-12 // 7.67 // 7.93 // 3.39%
CACC // 2004-01-07 // 16.91 // 16.99 // 0.47%
CCK // 2003-12-19 // 9.00 // 9.05 // 0.56%
CCUR // 2004-01-12 // 5.75 // 5.29 // (10.78%)
CDCY // 2004-01-02 // 11.47 // 11.11 // (3.14%)
CDN // 2004-01-07 // 18.92 // 19.13 // 1.11%
CERG // 2003-12-22 // 5.49 // 5.97 // 8.74% <<<<<
CHRD // 2003-12-30 // 5.42 // 5.59 // 3.14%
CK // 2004-01-14 // 7.74 // 7.74 // 0.00%
CLK // 2004-01-08 // 19.98 // 19.91 // (0.35%)
CMNT // 2004-01-14 // 11.34 // 11.03 // (2.73%)
CNX // 2004-01-02 // 26.30 // 25.68 // (2.36%)
COSN // 2004-01-08 // 8.46 // 8.01 // (4.73%)
CSCO // 2003-12-04 // 23.98 // 27.16 // 13.26% <<<<<
CTS // 2004-01-14 // 15.00 // 14.96 // 0.00%
CTV // 2004-01-12 // 17.50 // 18.85 // 7.71% <<<<<
CWST // 2004-01-06 // 14.83 // 14.99 // 1.08%
DIS // 2004-01-13 // 24.68 // 24.82 // 0.57%
DITC // 2004-01-13 // 22.18 // 21.70 // (2.16%)
DPL // 2003-12-31 // 20.88 // 19.79 // (5.22%)
DTPI // 2004-01-09 // 10.93 // 11.51 // 5.31%
DY // 2004-01-05 // 27.52 // 27.95 // 1.56%
EGOV // 2003-12-23 // 7.92 // 8.66 // 9.34% <<<<<
EIX // 2003-12-08 // 21.37 // 21.96 // 2.76%
ELNK // 2004-01-05 // 11.02 // 10.68 // (3.09%)
ENMC // 2004-01-08 // 9.05 // 8.78 // (1.66%)
EPD // 2003-12-30 // 24.70 // 24.70 // (0.61%)
ESL // 2003-12-05 // 24.85 // 28.01 // 12.72% <<<<<
ESST // 2004-01-05 // 18.76 // 18.48 // (1.49%)
EXAR // 2004-01-07 // 19.84 // 20.79 // 4.79%
EZPW // 2004-01-12 // 9.26 // 9.89 // 6.80%
FHRX // 2004-01-07 // 13.25 // 14.69 // 10.87% <<<<<
FLDR // 2004-01-09 // 7.30 // 7.00 // (4.11%)
FLEX // 2004-01-08 // 16.47 // 16.26 // (0.18%)
FSII // 2003-12-03 // 7.00 // 7.89 // 12.71% <<<<<
GEG // 2003-12-29 // 6.90 // 7.70 // 11.59% <<<<<
GORX // 2004-01-13 // 6.23 // 6.53 // 4.82%
GPS // 2003-12-17 // 22.05 // 20.40 // (7.48%)
GT // 2004-01-08 // 8.37 // 8.88 // 6.09%
GY // 2003-12-12 // 11.00 // 10.79 // (1.91%)
HLIT // 2004-01-08 // 9.36 // 9.23 // (1.39%)
HOLX // 2003-12-12 // 17.25 // 17.68 // 2.49%
HOMS // 2004-01-09 // 4.98 // 5.43 // 8.84% <<<<<
HPOL // 2004-01-14 // 9.30 // 9.21 // 0.00%
HPQ // 2004-01-12 // 24.68 // 25.30 // 2.55%
HXL // 2004-01-14 // 8.25 // 8.25 // 0.00%
IDEV // 2004-01-13 // 6.95 // 6.85 // (2.01%)
IES // 2004-01-07 // 9.80 // 9.93 // 1.33%
IGTE // 2004-01-06 // 8.45 // 8.37 // (0.95%)
ILXO // 2004-01-12 // 23.62 // 24.32 // 2.96%
IMGN // 2004-01-07 // 6.00 // 6.45 // 7.50% <<<<<
IPG // 2004-01-07 // 16.57 // 16.78 // 1.27%
IPXL // 2004-01-08 // 16.54 // 17.00 // 2.78%
KCS // 2004-01-09 // 10.83 // 10.57 // (2.40%)
KEA // 2004-01-05 // 16.67 // 17.70 // 6.18%
KEI // 2004-01-05 // 20.10 // 22.98 // 14.33% <<<<<
KFRC // 2004-01-07 // 9.94 // 10.68 // 7.44%
LNDC // 2003-12-09 // 6.47 // 6.34 // (2.01%)
LSCC // 2004-01-05 // 10.38 // 11.36 // 8.77% <<<<<
MAPX // 2003-12-11 // 13.00 // 13.29 // 2.23%
MAXM // 2003-12-26 // 8.91 // 9.24 // 3.70%
MDCI // 2003-12-09 // 18.02 // 18.50 // 2.66%
MDR // 2003-12-31 // 11.95 // 11.43 // (4.35%)
MEDX // 2004-01-09 // 7.81 // 8.30 // 6.27%
MLNM // 2003-12-31 // 18.65 // 17.10 // (8.31%)
MONE // 2004-01-13 // 7.60 // 7.34 // (3.42%)
MSCC // 2004-01-07 // 26.64 // 27.59 // 3.57%
MVSN // 2004-01-06 // 25.27 // 26.01 // 2.57%
NOVL // 2004-01-05 // 10.70 // 11.31 // 7.01%
NTOP // 2004-01-05 // 7.67 // 7.77 // 0.94%
NTPA // 2003-12-03 // 15.85 // 17.90 // 13.13% <<<<<
NVTL // 2004-01-08 // 7.90 // 8.74 // 10.76% <<<<<
NWK // 2004-01-09 // 12.30 // 13.85 // 12.60% <<<<<
NXTP // 2004-01-13 // 14.52 // 14.61 // 1.31%
ONNN // 2004-01-09 // 7.42 // 7.80 // 2.43%
OO // 2003-12-24 // 13.76 // 14.32 // 4.07%
OVRL // 2004-01-13 // 22.46 // 22.17 // (1.29%)
PBY // 2003-12-19 // 22.60 // 23.36 // 3.36%
PCOP // 2004-01-05 // 16.50 // 18.52 // 12.48% <<<<<
PDE // 2004-01-09 // 19.74 // 18.38 // (6.89%)
PGNX // 2004-01-09 // 20.10 // 21.25 // 5.72%
PKG // 2003-12-09 // 21.46 // 22.55 // 5.08%
PLLL // 2004-01-05 // 4.67 // 4.42 // (5.35%)
PLXS // 2004-01-14 // 20.12 // 20.35 // 1.14%
PRV // 2004-01-08 // 17.11 // 17.48 // 2.16%
PSSI // 2003-12-23 // 12.30 // 12.00 // (2.44%)
PTEK // 2004-01-08 // 10.02 // 10.11 // 0.89%
QSFT // 2004-01-08 // 16.47 // 16.99 // 3.16%
REM // 2004-01-12 // 21.12 // 19.14 // (0.93%)
RETK // 2004-01-08 // 11.57 // 11.14 // (0.04%)
ROIA // 2004-01-02 // 19.65 // 19.39 // (1.32%)
SANM // 2004-01-06 // 13.44 // 13.84 // 2.98%
SBL // 2004-01-05 // 17.88 // 18.28 // 2.24%
SBSA // 2004-01-05 // 11.16 // 11.07 // (0.80%)
SBYN // 2004-01-05 // 4.67 // 4.93 // 5.57%
SCIX // 2004-01-05 // 5.27 // 5.47 // 3.80%
SEBL // 2004-01-05 // 15.39 // 15.06 // (2.14%)
SFY // 2004-01-12 // 18.75 // 18.52 // (1,23%)
SKS // 2004-01-12 // 16.38 // 16.36 // (0.12%)
SMTC // 2004-01-08 // 25.58 // 25.75 // 0.66%
SNS // 2004-01-12 // 20.44 // 20.20 // (1.17%)
SRV // 2004-01-07 // 5.74 // 6.15 // 7.14%
STLW // 2004-01-08 // 7.56 // 7.42 // (1.85%)
STXN // 2004-01-08 // 5.20 // 5.70 // 9.61% <<<<<
TELK // 2004-01-07 // 23.65 // 23.36 // (1.23%)
TKLC // 2004-01-08 // 18.04 // 19.30 // 6.98%
TKTX // 2003-12-29 // 16.05 // 13.34 // (16.88%)
TLRK // 2004-01-09 // 18.59 // 19.40 // 4.36%
TMR // 2004-01-09 // 6.36 // 5.90 // (7.23%)
TRR // 2003-12-08 // 21.30 // 22.60 // 6.10%
TTI // 2003-12-30 // 25.33 // 24.90 // (1.70%)
TUP // 2003-12-31 // 17.34 // 18.49 // 6.63%
TUTR // 2004-01-09 // 11.76 // 12.70 // 7.99% <<<<<
TUTS // 2004-01-07 // 7.10 // 7.05 // (0.70%)
TWX // 2004-01-14 // 18.68 // 18.63 // (0.26%)
TXU // 2004-01-05 // 23.87 // 23.40 // (1.97%)
UCO // 2003-12-08 // 25.16 // 26.56 // 5.56%
UNT // 2004-01-09 // 24.46 // 23.86 // (2.45%)
USON // 2004-01-07 // 11.45 // 12.90 // 12.66% <<<<<
USU // 2003-12-12 // 8.46 // 8.44 // (0.24%)
VICR // 2004-01-12 // 12.99 // 12.70 // (2.23%)
VITR // 2004-01-12 // 8.38 // 7.91 // (5.61%)
VRSN // 2004-01-06 // 17.90 // 19.37 // 8.21% <<<<<
VTS // 2004-01-08 // 11.90 // 12.03 // 1.09%
VYYO // 2003-12-26 // 8.75 // 9.32 // 6.51%
WCC // 2004-01-06 // 11.02 // 11.20 // 1.63%
XEL // 2003-12-03 // 17.01 // 17.07 // 0.35%
XRX // 2003-12-04 // 12.49 // 13.68 // 9.53% <<<<<


Winners:
Symbol // AD // Gain (loss) // Trading days to gain 15% // AD Score

ASF // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
DITC // 2003-12-04 // 26.44% // 25: 2004-01-12 // B
LCAV // 2003-12-04 // 17.86% // 25: 2004-01-12 // A
RRC // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
BAMM // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
SFY // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TMR // 2003-12-08 // 17.56% // 22: 2004-01-09 // A
NOBL // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
KFY // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 2003-12-10 // 15.13% // 17: 2004-01-06 // B
SORC // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
DRTK // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
PMTI // 2003-12-17 // 20.04% // 16: 2004-01-12 // A
NAFC // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
AZPN // 2003-12-19 // 20.68% // 14: 2004-01-12 // A
ET // 2003-12-19 // 19.38% // 16: 2004-01-14 // B
VITR // 2003-12-19 // 18.03% // 14: 2004-01-12 // A
CPHD // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
HNR // 2003-12-24 // 15.78% // 10: 2004-01-09 // B
TRPH // 2003-12-26 // 17.99% // 9: 2004-01-09 // B
AMXC // 2003-12-30 // 18.75% // 8: 2004-01-12 // B
DPH // 2003-12-30 // 16.58% // 10: 2004-01-14 // A
INFS // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
AMSWA // 2003-12-31 // 16.62% // 4: 2004-01-07 // A
PLUG // 2004-01-02 // 20.45% // 6: 2004-01-12 // A
STEI // 2004-01-02 // 16.32% // 7: 2004-01-13 // B
CCRN // 2004-01-05 // 16.65% // 8: 2004-01-15 // A
ASPM // 2004-01-06 // 15.24% // 7: 2004-01-15 // B
CALP // 2004-01-06 // 19.13% // 6: 2004-01-14 // A
MICU // 2004-01-06 // 18.91% // 4: 2004-01-12 // A
INCY // 2004-01-07 // 23.16% // 5: 2004-01-14 // A
SFE // 2004-01-08 // 15.62% // 4: 2004-01-14 // A


Mean # days to gain 15%:
AD Score=A (21 trades): 11.33 days
AD Score=B (18 trades): 11.67 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[ParkTwain]

CHART HARVESTING (TM)
Copyright (c) 2002, 2004 by Park Twain. All rights reserved.


Taking stock: 2003-12-03 through 2004-01-15



The market had a big day on Friday 2004-01-16, with many stocks making new highs and with Nasdaq tech stocks showing strength. I thought I would take a few minutes and go over the results of my approach after the first calendar month or so, but for the time period ending on 2004-01-15, the day before yesterday's big market day.

For reasons I will explain below, I will examine the stocks found by my analysis between the trading days 2003-12-03 and 2003-12-24, or 15 trading days. (I made no picks using the results of the 2003-12-15 trading day.) I will discuss the results of the picks made during those 15 trading days as of the end of the 2004-01-15 trading day.


PERFORMANCE OF PICKS FROM 5-YEAR HIGHS LISTS

The first thing that I must acknowledge is that the performance of the stocks making 5-year highs that I picked during those 15 trading days has not been strong as of 2004-01-15. Given my goals of finding stocks that have a good chance of making a 15% or better gain in a relatively short period of time (such as 15 trading days or less), this set of stocks performed poorly.

From 2003-12-03 to 2003-12-24, I had found 69 stocks that met my criteria from the MSN Money Central daily lists of stocks making 5-year highs. Of those, only 14 stocks had achieved a 7.5% or better gain as of 2004-01-15 (14 of 69 is 20.3%). Of those 14, only 7 had achieved a 15% or better gain (7 of 69 is 10.14%). So for that time period, this list of 5-year highs did not produce many winners, as defined by my original criteria.

As I scratched my head over these numbers, for each of these 69 stocks I took a look at one other technical measure: each stock's beta measure (aka the "beta coefficient"). A stock's "beta" is a measure of the tendency of that stock to move compared with the overall market. (I need to find out over what previous period this statistic was calculated -- it does matter.)

What I found is that, in general, this was a set of fairly low-beta stocks. That is, the betas for many of these stocks was between 0.0 and 0.5. Specifically, 28 of the 68 picks fell in the range of 0.0 to 0.5. A stock with a beta of 0.5 will rise only about one-half as fast as is a rising, overall
market.

Also, there were 5 stocks picked during that period that have a negative beta! (This means that they tend to move in a direction opposite the overall market. That is not what I would have wanted to pick, at least using this one technical consideration, during a rising overall stock market!)

So, given the betas for this set of picks, it is not too surprising that as a group they did not move up too quickly during that period, even in the context of a rising overall stock market. Their respective betas did give a pretty good indication that they are a relatively "sleepy" bunch of stocks. On the plus side, however, it is probably due to the relatively low betas of many of these stocks that they were able to achieve their recent new 5-year highs, when the markets have taken a big move up (pre-2000), down (2003 to 2003), then up again (during 2003) during those five years. So I might tend to draw the conclusion that some, perhaps many, of the stocks found in the recent 5-year highs lists would be good candidates for a "long-term hold" type portfolio.


PERFORMANCE OF PICKS FROM 52-WEEK HIGHS LISTS

Next, I wanted to compare the behavior of the set of picks from the 5-year highs list to the list I picked during those same 15 trading days from the 52-week highs list (found at Barchart.com). There was a significant difference!

Between 2003-12-03 and 2003-12-24 I had picked 54 stocks using my analysis. Of those 54 stocks, by 2004-01-15 there were 36 (36 of 54 is 66.7%) that reached at least a 7.5% gain, and of those 36 there were 26 that had achieved a 15% gain or higher. So 26 of the 54 picks (26 of 54 is 48%) I made between 2003-12-03 and 2003-12-24 had achieved at least a 15% gain as of end of day 2004-01-15 (that is, after a maximum of *29* trading days; my daily post includes the actual number of trading days needed in each case for the stock to reach a 15% gain). These are much better results than from the picks made from the 5-year highs lists.

So next I wanted to identify the betas for the stronger picks from the 52-week highs list. Of the 54 stocks picked, 20 had a beta higher than 1.50, and 4 of the 20 had a beta higher than 3.0! For the 26 picks that had achieved a 15% or higher gain as of 2004-01-15, 10 had a beta of 1.5 or higher. That is, they had been previously measured to move 50% more than (and in the same direction as) a move in the overall market.


MARKET CONTEXT

From 2003-12-03 to 2004-01-15 the Dow Jones 30 Industrials moved from 9873.40 to 10,553.85 (+6.89%), the S&P 500 moved from 1064.73 to 1132.05 (+6.32%), and the Nasdaq moved from 1960.25 to 2109.08 (+7.59%).


LESSONS LEARNED

Given the technical considerations I had been tracking to make my stock picks (that is, making new highs, recently surpassing a previous level of resistance, a rising RSI measure that is 70 +/- 3, etc.), it is still worth my while to check the beta measure of any candidate stock that is identified. Those stocks with a higher beta (1.5 or higher) will probably be even better candidates to make a 15% or greater gain in a relatively short period of time (15 trading days or less).

See my next post for the summary of the data upon which I am commenting in this posting.


//PT

[ParkTwain]

CHART HARVESTING(TM)
Copyright (c) 2003, 2004 by Park Twain. All rights reserved.


This post lists the data behind the "taking stock" post (the previous post on this board) for the period 2003-12-03 to 2004-01-15.

The data below are listed chronologically and includes the beta coefficient measure for each stock, taken on 2004-01-16 from the Yahoo Finance web site.

Line items with a letter (A or B) at the end of the line are for stocks that made a 15% or better gain during the period being monitored. These line items include the number of days required to reach at least a 15% gain and the date on which that milestone occurred (using close-of-trading prices).

Line items with "<<<<<" at the end are stocks that have achieved at least a 7.5% gain thus far.



AN ASIDE: It is interesting to note that since 2003-12-24 the stock picks that have achieved a 15% or better gain have been doing so after a smaller and smaller number of trading days. This is consistent with a significantly strengthening overall stock market since that date.


----------------------------------------------------------
Cumulative list of stock charts analyzed with A or B score
----------------------------------------------------------

5-Year Highs List
-----------------

Symbol // Beta (Yahoo) // AD // AD EOD price // Today's EOD price // Gain (loss)

ETN // 0.652 // 2003-12-03 // 105.25 // 117.02 // 11.18% <<<<<
UTX // 1.09 // 2003-12-03 // 87.27 // 95.40 // 9.32% <<<<<
WPO // 0.253 // 2003-12-03 // 800.97 // 843.99 // 5.37%
XTO // 1.056 // 2003-12-03 // 26.18 // 27.24 // 4.05%
WLP // -0.025 // 2003-12-03 // 95.42 // 99.17 // 3.93%
BMET // 0.284 // 2003-12-03 // 36.15 // 37.41 // 3.49%
KRI // 0.663 // 2003-12-03 // 75.33 // 77.51 // 2.89%
BRK.A // 0.382 // 2003-12-03 // 84,399.98 // 85,600.00 // 1.42%
MI // 0.733 // 2003-12-03 // 37.37 // 37.48 // 0.29%
MCHP // 1.521 // 2003-12-03 // 35.66 // 33.42 // (5.97%)
HMA // 0.14 // 2003-12-03 // 26.29 // 24.62 // (6.35%)
CMX // 0.337 // 2003-12-03 // 27.58 // 25.78 // (6.53%)
BRL // 0.314 // 2003-12-03 // 83.34 // 70.48 // (15.43%)

CMC // 0.766 // 2003-12-04 // 15.10% // 12: 2003-12-22 // B
EVG // 0.225 // 2003-12-04 // 15.99% // 25: 2004-01-12 // B
MOG.A // 0.319 // 2003-12-04 // 15.10% // 27: 2004-01-14 // A
PVA // 0.385 // 2003-12-04 // 17.73% // 10: 2003-12-18 // B
TII // 0.79 // 2003-12-04 // 32.40 // 35.20 // 8.64% <<<<<
PH // 1.038 // 2003-12-04 // 57.10 // 60.02 // 5.11%
WGR // 0.666 // 2003-12-04 // 46.16 // 48.32 // 4.68%
PRA // 0.446 // 2003-12-04 // 31.86 // 32.60 // 2.32%
ORI // 0.404 // 2003-12-04 // 25.06 // 25.60 // 2.15%
SIE // -0.327 // 2003-12-04 // 29.42 // 26.76 // (9.04%)

CW // 0.023 // 2003-12-05 // 15.41% // 26: 2004-01-14 // B
FBR // 0.875 // 2003-12-05 // 21.78 // 24.38 // 11.94% <<<<<
NCEN // 0.457 // 2003-12-05 // 39.62 // 43.80 // 10.55% <<<<<
CRR // 0.838 // 2003-12-05 // 48.24 // 50.21 // 4.08%
EQT // 0.246 // 2003-12-05 // 42.15 // 42.69 // 1.28%

PXD // 0.89 // 2003-12-08 // 30.16 // 32.25 // 6.93%
APU // 0.114 // 2003-12-08 // 27.21 // 28.70 // 5.48%
AMB // 0.054 // 2003-12-08 // 32.32 // 33.85 // 4.73%
IEX // 0.73 // 2003-12-08 // 41.40 // 43.00 // 3.86%
TPP // 0.211 // 2003-12-08 // 40.10 // 38.56 // (3.84%)

ITW // 0.834 // 2003-12-09 // 82.71 // 84.78 // 2.50%
PII // 0.707 // 2003-12-09 // 88.85 // 88.69 // (0.18%)

SWN // 0.182 // 2003-12-10 // 15.94% // 11: 2003-12-26 // B
ALEX // 0.466 // 2003-12-10 // 32.36 // 33.25 // 2.75%

NDSN // 0.877 // 2003-12-11 // 34.35 // 36.97 // 7.63% <<<<<
MBG // 0.677 // 2003-12-11 // 44.61 // 46.44 // 4.10%
CRK // 0.872 // 2003-12-11 // 18.63 // 18.90 // 1.45%
TMK // 0.419 // 2003-12-11 // 44.89 // 45.19 // 0.67%
MTX // 0.804 // 2003-12-11 // 58.45 // 57.81 // (1.09%)
SSD // 0.241 // 2003-12-11 // 51.38 // 50.67 // (1.38%)

PNY // -0.03 // 2003-12-12 // 41.91 // 43.36 // 3.46%
PGR // 0.763 // 2003-12-12 // 82.13 // 84.22 // 2.54%
MUR // 0.517 // 2003-12-12 // 63.32 // 63.20 // (0.19%)
CHK // 0.737 // 2003-12-12 // 13.15 // 12.83 // (2.43%)

GWR // 0.563 // 2003-12-16 // 16.82% // 14: 2004-01-07 // A
CAT // 1.028 // 2003-12-16 // 81.02 // 83.38 // 2.91%
MHM // 0.788 // 2003-12-16 // 26.02 // 26.65 // 2.42%

YELL // 0.504 // 2003-12-17 // 34.81 // 37.30 // 7.15%
MME // -0.258 // 2003-12-17 // 62.97 // 65.35 // 3.78%
PAA // N/A // 2003-12-17 // 32.46 // 33.22 // 2.34%
ETR // -0.043 // 2003-12-17 // 55.70 // 56.78 // 1.94%
NX // 0.613 // 2003-12-17 // 44.86 // 44.77 // (0.20%)
IGT // 0.37 // 2003-12-17 // 35.40 // 35.88 // (1.36%)
BPL // 0.153 // 2003-12-17 // 44.38 // 41.85 // (5.70%)

MNI // 0.17 // 2003-12-18 // 68.25 // 69.89 // 2.40%
BR // 0.511 // 2003-12-18 // 56.32 // 56.19 // (0.23%)
DE // 0.57 // 2003-12-18 // 66.65 // 66.03 // (0.93%)
ITT // 0.579 // 2003-12-18 // 73.95 // 72.62 // (1.80%)

FRX // 0.246 // 2003-12-19 // 62.51 // 70.03 // 12.03% <<<<<
WFMI // 0.889 // 2003-12-19 // 65.73 // 70.61 // 7.42%
BCR // 0.33 // 2003-12-19 // 81.12 // 85.83 // 5.81%

PLL // 0.902 // 2003-12-22 // 26.72 // 27.27 // 2.06%
STR // 0.582 // 2003-12-22 // 35.20 // 35.65 // 1.28%
BLL // 0.093 // 2003-12-22 // 59.50 // 57.51 // (3.34%)

EBAY // 1.736 // 2003-12-23 // 63.74 // 66.63 // 4.72%
WPS // 0.057 // 2003-12-23 // 45.75 // 45.49 // (0.57%)

MATK // 1.609 // 2003-12-26 // 63.74 // 65.60 // 2.92%

HRB // 0.214 // 2003-12-29 // 54.70 // 57.68 // 5.45%
MCO // 0.186 // 2003-12-29 // 60.20 // 60.90 // 1.16%
CVH // -0.346 // 2003-12-29 // 65.76 // 65.86 // 0.15%

ACS // 0.731 // 2003-01-05 // 56.82 // 57.40 // 1.02%
SHW // 0.686 // 2004-01-05 // 35.21 // 34.57 // (1.82%)
SSP // 0.487 // 2004-01-05 // 95.40 // 92.70 // (2.83%)

PCAR // 1.027 // 2004-01-06 // 87.50 // 85.43 // (2.46%)

LEA // 1.065 // 2004-01-07 // 63.40 // 67.75 // 6.86%
EGN // 0.097 // 2004-01-07 // 41.00 // 43.31 // 5.63%
FLIR // -0.039 // 2004-01-07 // 38.30 // 39.99 // 4.15%
MHP // 0.559 // 2004-01-07 // 70.56 // 71.60 // 1.47%
AXL // 0.785 // 2004-01-07 // 41.98 // 40.87 // (2.64%)
MSM // 0.983 // 2004-01-07 // 28.05 // 27.16 // (3.17%)
BLK // 0.014 // 2004-01-07 // 58.00 // 56.13 // (3.22%)
JBHT // 1.28 // 2004-01-07 // 28.43 // 27.63 // (3.43%)

OCR // 0.453 // 2004-01-08 // 42.44 // 44.18 // 4.10%
R // 0.803 // 2004-01-08 // 36.11 // 37.55 // 3.99%

HET // 0.352 // 2004-01-09 // 51.11 // 51.76 // 1.27%
SFG // 0.377 // 2004-01-09 // 64.01 // 64.55 // 0.84%
SII // 1.254 // 2004-01-09 // 44.07 // 41.49 // (5.85%)

VAR // 0.286 // 2004-01-12 // 71.95 // 74.19 // 3.11%
ABK // 0.561 // 2004-01-12 // 71.65 // 73.53 // 2.62%
JEF // 0.914 // 2004-01-12 // 34.38 // 34.87 // 1.43%
RESP // -0.211 // 2004-01-12 // 50.95 // 49.88 // (0.02%)

APD // 0.805 // 2004-01-13 // 53.96 // 54.87 // 1.69%
ALD // 0.615 // 2004-01-13 // 28.81 // 28.57 // 1.28%

TROW // 1.583 // 2004-01-14 // 50.49 // 50.98 // 0.97%
UTR // 0.549 // 2004-01-14 // 42.54 // 42.44 // (0.01%)

BPOP // 0.044 // 2004-01-15 // 47.88 // 47.88 // 0.00%
MAN // 1.003 // 2004-01-15 // 49.14 // 49.14 // 0.00%


Mean # days to gain 15%:
AD Score=A (2 trade): 20.5 days
AD Score=B (5 trades): 16.8 days




52-Week Highs List
------------------

Symbol // Beta (Yahoo) // AD // AD EOD price // Today's EOD price // Gain (loss)

ASF // 1.89 // 2003-12-03 // 19.36% // 17: 2003-12-29 // A
FSII // 1.834 // 2003-12-03 // 7.00 // 7.89 // 12.71% <<<<<
NTPA // 3.582 // 2003-12-03 // 15.85 // 17.90 // 13.13% <<<<<
BW // 1.248 // 2003-12-03 // 13.96 // 15.63 // 11.96% <<<<<
XEL // 0.683 // 2003-12-03 // 17.01 // 17.07 // 0.35%

DITC // 2.321 // 2003-12-04 // 26.44% // 25: 2004-01-12 // B
LCAV // 2.91 // 2003-12-04 // 17.86% // 25: 2004-01-12 // A
RRC // 1.205 // 2003-12-04 // 15.38% // 10: 2003-12-18 // B
CSCO // 2.236 // 2003-12-04 // 23.98 // 27.16 // 13.26% <<<<<
XRX // 1.946 // 2003-12-04 // 12.49 // 13.68 // 9.53% <<<<<

BAMM // 0.34 // 2003-12-05 // 16.79% // 1: 2003-12-08 // A
CPRT // 1.291 // 2003-12-05 // 17.43% // 12: 2003-12-23 // B
GMR // 0.947 // 2003-12-05 // 20.65% // 21: 2004-01-07 // A
ESL // 0.722 // 2003-12-05 // 24.85 // 28.01 // 12.72% <<<<<
BEXP // -0.051 // 2003-12-05 // 8.22 // 8.20 // (0.24%)

SFY // 0.876 // 2003-12-08 // 18.63% // 14: 2003-12-29 // A
TMR // 1.026 // 2003-12-08 // 17.56% // 22: 2004-01-09 // A
TRR // 0.536 // 2003-12-08 // 21.30 // 22.60 // 6.10%
UCO // 0.931 // 2003-12-08 // 25.16 // 26.56 // 5.56%
EIX // 0.11 // 2003-12-08 // 21.37 // 21.96 // 2.76%

NOBL // 1.145 // 2003-12-09 // 15.26% // 19: 2004-01-07 // A
RFMI // 0.57 // 2003-12-09 // 17.84% // 20: 2004-01-08 // B
PKG // 0.349 // 2003-12-09 // 21.46 // 22.55 // 5.08%
MDCI // 0.056 // 2003-12-09 // 18.02 // 18.50 // 2.66%
LNDC // 0.726 // 2003-12-09 // 6.47 // 6.34 // (2.01%)

KFY // 1.535 // 2003-12-10 // 15.33% // 11: 2003-12-26 // A
TYC // 1.748 // 2003-12-10 // 15.13% // 17: 2004-01-06 // B

SORC // 0.891 // 2003-12-11 // 17.87% // 18: 2004-01-08 // B
MAPX // 1.31 // 2003-12-11 // 13.00 // 13.29 // 2.23%

DRTK // 0.802 // 2003-12-12 // 16.45% // 5: 2003-12-19 // B
MSS // 1.374 // 2003-12-12 // 15.48% // 4: 2003-12-18 // A
RT // 0.78 // 2003-12-12 // 15.98% // 14: 2004-01-05 // B
HOLX // 1.818 // 2003-12-12 // 17.25 // 17.68 // 2.49%
USU // 0.91 // 2003-12-12 // 8.46 // 8.44 // (0.24%)
GY // 0.451 // 2003-12-12 // 11.00 // 10.79 // (1.91%)

PMTI // 0.245 // 2003-12-17 // 20.04% // 16: 2004-01-12 // A
GPS // 1.666 // 2003-12-17 // 22.05 // 20.40 // (7.48%)

NAFC // 0.548 // 2003-12-18 // 16.07% // 10: 2004-01-05 // B
NMSS // 3.84 // 2003-12-18 // 18.64% // 11: 2004-01-06 // B
WIND // 1.882 // 2003-12-18 // 15.99% // 13: 2004-01-08 // A
APCC // 1.833 // 2003-12-18 // 24.10 // 26.31 // 9.17% <<<<<

AZPN // 3.327 // 2003-12-19 // 20.68% // 14: 2004-01-12 // A
ET // 3.407 // 2003-12-19 // 19.38% // 16: 2004-01-14 // B
VITR // 3.772 // 2003-12-19 // 18.03% // 14: 2004-01-12 // A
PBY // 0.532 // 2003-12-19 // 22.60 // 23.36 // 3.36%
CCK // 1.993 // 2003-12-19 // 9.00 // 9.05 // 0.56%

AYE // 0.724 // 2003-12-22 // 11.30 // 12.67 // 12.12% <<<<<
CERG // 0.856 // 2003-12-22 // 5.49 // 5.97 // 8.74% <<<<<

EGOV // 2.108 // 2003-12-23 // 7.92 // 8.66 // 9.34% <<<<<
PSSI // 0.403 // 2003-12-23 // 12.30 // 12.00 // (2.44%)

CPHD // 2.109 // 2003-12-24 // 19.96% // 7: 2004-01-06 // B
HNR // 0.232 // 2003-12-24 // 15.78% // 10: 2004-01-09 // B
ASPT // 2.716 // 2003-12-24 // 16.55 // 17.72 // 7.07%
OO // 1.564 // 2003-12-24 // 13.76 // 14.32 // 4.07%

TRPH // 5.123 // 2003-12-26 // 17.99% // 9: 2004-01-09 // B
BCSI // 2.403 // 2003-12-26 // 22.85 // 24.34 // 6.52%
VYYO // 3.465 // 2003-12-26 // 8.75 // 9.32 // 6.51%
MAXM // 1.634 // 2003-12-26 // 8.91 // 9.24 // 3.70%

ACF // 3.313 // 2003-12-29 // 15.70 // 17.90 // 14.01% <<<<<
GEG // 1.379 // 2003-12-29 // 6.90 // 7.70 // 11.59% <<<<<
TKTX // 0.697 // 2003-12-29 // 16.05 // 13.34 // (16.88%)

AMXC // 1.794 // 2003-12-30 // 18.75% // 8: 2004-01-12 // B
DPH // 0.909 // 2003-12-30 // 16.58% // 10: 2004-01-14 // A
INFS // 2.067 // 2003-12-30 // 21.38% // 4: 2004-01-06 // B
CHRD // 3.252 // 2003-12-30 // 5.42 // 5.59 // 3.14%
AXCA // 1.101 // 2003-12-30 // 15.58 // 15.65 // 0.44%
EPD // 0.105 // 2003-12-30 // 24.70 // 24.70 // (0.61%)
TTI // 1.211 // 2003-12-30 // 25.33 // 24.90 // (1.70%)

AMSWA // 2.842 // 2003-12-31 // 16.62% // 4: 2004-01-07 // A
TUP // 0.595 // 2003-12-31 // 17.34 // 18.49 // 6.63%
MDR // 0.971 // 2003-12-31 // 11.95 // 11.43 // (4.35%)
DPL // 0.434 // 2003-12-31 // 20.88 // 19.79 // (5.22%)
MLNM // 1.805 // 2003-12-31 // 18.65 // 17.10 // (8.31%)

PLUG // 1.822 // 2004-01-02 // 20.45% // 6: 2004-01-12 // A
STEI // 0.955 // 2004-01-02 // 16.32% // 7: 2004-01-13 // B
ROIA // N/A // 2004-01-02 // 19.65 // 19.39 // (1.32%)
CNX // 0.437 // 2004-01-02 // 26.30 // 25.68 // (2.36%)
CDCY // 0.217 // 2004-01-02 // 11.47 // 11.11 // (3.14%)
BEV // 1.689 // 2004-01-02 // 8.86 // 8.44 // (4.74%)

CCRN // 0.892 // 2004-01-05 // 16.65% // 8: 2004-01-15 // A
KEI // 2.11 // 2004-01-05 // 20.10 // 22.98 // 14.33% <<<<<
PCOP // 1.266 // 2004-01-05 // 16.50 // 18.52 // 12.48% <<<<<
LSCC // 2.498 // 2004-01-05 // 10.38 // 11.36 // 8.77% <<<<<
NOVL // 2.861 // 2004-01-05 // 10.70 // 11.31 // 7.01%
KEA // 1.577 // 2004-01-05 // 16.67 // 17.70 // 6.18%
SBYN // 3.914 // 2004-01-05 // 4.67 // 4.93 // 5.57%
SCIX // 1.775 // 2004-01-05 // 5.27 // 5.47 // 3.80%
SBL // 1.902 // 2004-01-05 // 17.88 // 18.28 // 2.24%
DY // 1.647 // 2004-01-05 // 27.52 // 27.95 // 1.56%
NTOP // 2.036 // 2004-01-05 // 7.67 // 7.77 // 0.94%
SBSA // 1.567 // 2004-01-05 // 11.16 // 11.07 // (0.80%)
ESST // 3.156 // 2004-01-05 // 18.76 // 18.48 // (1.49%)
TXU // -0.41 // 2004-01-05 // 23.87 // 23.40 // (1.97%)
SEBL // 3.379 // 2004-01-05 // 15.39 // 15.06 // (2.14%)
ELNK // 1.009 // 2004-01-05 // 11.02 // 10.68 // (3.09%)
PLLL // 0.811 // 2004-01-05 // 4.67 // 4.42 // (5.35%)

ASPM // 1.194 // 2004-01-06 // 15.24% // 7: 2004-01-15 // B
CALP // 1.098 // 2004-01-06 // 19.13% // 6: 2004-01-14 // A
MICU // 1.326 // 2004-01-06 // 18.91% // 4: 2004-01-12 // A
VRSN // 3.492 // 2004-01-06 // 17.90 // 19.37 // 8.21% <<<<<
ACO // 0.587 // 2004-01-06 // 22.90 // 23.86 // 4.19%
ATYT // 2.481 // 2004-01-06 // 16.54 // 17.01 // 3.20%
SANM // 3.261 // 2004-01-06 // 13.44 // 13.84 // 2.98%
MVSN // 3.26 // 2004-01-06 // 25.27 // 26.01 // 2.57%
WCC // 0.867 // 2004-01-06 // 11.02 // 11.20 // 1.63%
CWST // 0.885 // 2004-01-06 // 14.83 // 14.99 // 1.08%
IGTE // 2.074 // 2004-01-06 // 8.45 // 8.37 // (0.95%)

INCY // 1.288 // 2004-01-07 // 23.16% // 5: 2004-01-14 // A
USON // 0.778 // 2004-01-07 // 11.45 // 12.90 // 12.66% <<<<<
FHRX // 1.535 // 2004-01-07 // 13.25 // 14.69 // 10.87% <<<<<
IMGN // 1.942 // 2004-01-07 // 6.00 // 6.45 // 7.50% <<<<<
KFRC // 0.271 // 2004-01-07 // 9.94 // 10.68 // 7.44%
SRV // 0.848 // 2004-01-07 // 5.74 // 6.15 // 7.14%
AXYX // 3.107 // 2004-01-07 // 5.92 // 6.28 // 6.25%
EXAR // 1.88 // 2004-01-07 // 19.84 // 20.79 // 4.79%
MSCC // 2.216 // 2004-01-07 // 26.64 // 27.59 // 3.57%
IES // 1.257 // 2004-01-07 // 9.80 // 9.93 // 1.33%
IPG // 1.74 // 2004-01-07 // 16.57 // 16.78 // 1.27%
CDN // 1.89 // 2004-01-07 // 18.92 // 19.13 // 1.11%
CACC // 0.889 // 2004-01-07 // 16.91 // 16.99 // 0.47%
TUTS // 3.832 // 2004-01-07 // 7.10 // 7.05 // (0.70%)
TELK // 1.433 // 2004-01-07 // 23.65 // 23.36 // (1.23%)

SFE // 4.149 // 2004-01-08 // 15.62% // 4: 2004-01-14 // A
NVTL // 4.853 // 2004-01-08 // 7.90 // 8.74 // 10.76% <<<<<
STXN // 3.303 // 2004-01-08 // 5.20 // 5.70 // 9.61% <<<<<
TKLC // 1.911 // 2004-01-08 // 18.04 // 19.30 // 6.98%
GT // 1.299 // 2004-01-08 // 8.37 // 8.88 // 6.09%
QSFT // 3.358 // 2004-01-08 // 16.47 // 16.99 // 3.16%
IPXL // 1.502 // 2004-01-08 // 16.54 // 17.00 // 2.78%
PRV // 0.429 // 2004-01-08 // 17.11 // 17.48 // 2.16%
VTS // 1.275 // 2004-01-08 // 11.90 // 12.03 // 1.09%
PTEK // 0.551 // 2004-01-08 // 10.02 // 10.11 // 0.89%
AINN // 2.005 // 2004-01-08 // 7.70 // 7.76 // 0.78%
SMTC // 1.913 // 2004-01-08 // 25.58 // 25.75 // 0.66%
RETK // 3.059 // 2004-01-08 // 11.57 // 11.14 // (0.04%)
FLEX // 3.012 // 2004-01-08 // 16.47 // 16.26 // (0.18%)
CLK // 0.899 // 2004-01-08 // 19.98 // 19.91 // (0.35%)
AEN // 0.326 // 2004-01-08 // 16.05 // 15.94 // (0.68%)
ADPT // 2.426 // 2004-01-08 // 10.18 // 10.10 // (0.69%)
ENMC // 0.837 // 2004-01-08 // 9.05 // 8.78 // (1.66%)
BAMM // 0.34 // 2004-01-08 // 6.90 // 6.78 // (1.74%)
STLW // 3.978 // 2004-01-08 // 7.56 // 7.42 // (1.85%)
AMSY // 1.386 // 2004-01-08 // 16.58 // 16.06 // (3.14%)
COSN // 4.159 // 2004-01-08 // 8.46 // 8.01 // (4.73%)
HLIT // 2.999 // 2004-01-08 // 9.36 // 9.23 // (1.39%)
ARQL // 1.675 // 2004-01-08 // 5.71 // 5.41 // (5.25%)

NWK // 1.061 // 2004-01-09 // 12.30 // 13.85 // 12.60% <<<<<
HOMS // 4.94 // 2004-01-09 // 4.98 // 5.43 // 8.84% <<<<<
TUTR // 1.267 // 2004-01-09 // 11.76 // 12.70 // 7.99% <<<<<
MEDX // 2.684 // 2004-01-09 // 7.81 // 8.30 // 6.27%
PGNX // 3.131 // 2004-01-09 // 20.10 // 21.25 // 5.72%
DTPI // N/A // 2004-01-09 // 10.93 // 11.51 // 5.31%
TLRK // 1.309 // 2004-01-09 // 18.59 // 19.40 // 4.36%
ONNN // 3.447 // 2004-01-09 // 7.42 // 7.80 // 2.43%
KCS // 1.348 // 2004-01-09 // 10.83 // 10.57 // (2.40%)
UNT // 1.183 // 2004-01-09 // 24.46 // 23.86 // (2.45%)
FLDR // 0.417 // 2004-01-09 // 7.30 // 7.00 // (4.11%)
ALTR // 2.313 // 2004-01-09 // 26.02 // 24.91 // (4.27%)
PDE // 1.624 // 2004-01-09 // 19.74 // 18.38 // (6.89%)
TMR // 1.026 // 2004-01-09 // 6.36 // 5.90 // (7.23%)

CTV // 1.695 // 2004-01-12 // 17.50 // 18.85 // 7.71% <<<<<
EZPW // 0.105 // 2004-01-12 // 9.26 // 9.89 // 6.80%
BXG // 1.238 // 2004-01-12 // 7.67 // 7.93 // 3.39%
ILXO // 2.238 // 2004-01-12 // 23.62 // 24.32 // 2.96%
HPQ // 1.707 // 2004-01-12 // 24.68 // 25.30 // 2.55%
SKS // 1.567 // 2004-01-12 // 16.38 // 16.36 // (0.12%)
REM // 0.757 // 2004-01-12 // 21.12 // 19.14 // (0.93%)
SNS // 0.457 // 2004-01-12 // 20.44 // 20.20 // (1.17%)
SFY // 0.876 // 2004-01-12 // 18.75 // 18.52 // (1.23%)
BELM // 2.012 // 2004-01-12 // 10.00 // 9.81 // (1.90%)
VICR // 2.037 // 2004-01-12 // 12.99 // 12.70 // (2.23%)
ALGN // 3.074 // 2004-01-12 // 19.79 // 19.20 // (2.98%)
VITR // 3.772 // 2004-01-12 // 8.38 // 7.91 // (5.61%)
CCUR // 2.048 // 2004-01-12 // 5.75 // 5.29 // (10.78%)

GORX // 2.9 // 2004-01-13 // 6.23 // 6.53 // 4.82%
NXTP // 2.692 // 2004-01-13 // 14.52 // 14.61 // 1.31%
DIS // 1.03 // 2004-01-13 // 24.68 // 24.82 // 0.57%
AMTD // 3.415 // 2004-01-13 // 15.12 // 15.08 // (0.26%)
OVRL // 1.105 // 2004-01-13 // 22.46 // 22.17 // (1.29%)
AZPN // 3.327 // 2004-01-13 // 11.73 // 11.58 // (1.28%)
IDEV // 3.368 // 2004-01-13 // 6.95 // 6.85 // (2.01%)
DITC // 2.321 // 2004-01-13 // 22.18 // 21.70 // (2.16%)
MONE // 2.554 // 2004-01-13 // 7.60 // 7.34 // (3.42%)

AKAM // 4.923 // 2004-01-14 // 14.33 // 14.59 // 1.81%
ABS // 0.24 // 2004-01-14 // 23.77 // 24.09 // 1.35%
PLXS // 2.598 // 2004-01-14 // 20.12 // 20.35 // 1.14%
CK // 0.633 // 2004-01-14 // 7.74 // 7.74 // 0.00%
CTS // 1.943 // 2004-01-14 // 15.00 // 14.96 // 0.00%
HXL // 0.775 // 2004-01-14 // 8.25 // 8.25 // 0.00%
ARXX // 1.561 // 2004-01-14 // 14.75 // 14.76 // 0.00%
HPOL // 0.784 // 2004-01-14 // 9.30 // 9.21 // 0.00%
TWX // 2.284 // 2004-01-14 // 18.68 // 18.63 // (0.26%)
CMNT // 1.914 // 2004-01-14 // 11.34 // 11.03 // (2.73%)

MROI // 1.824 // 2004-01-15 // 17.20 // 17.20 // 0.00%
PNO // N/A // 2004-01-15 // 7.00 // 7.00 // 0.00%
PR // 0.772 // 2004-01-15 // 14.57 // 14.57 // 0.00%
PRGS // 0.858 // 2004-01-15 // 24.30 // 24.30 // 0.00%
RMIX // -0.288 // 2004-01-15 // 7.04 // 7.04 // 0.00%
TJX // 0.881 // 2004-01-15 // 23.57 // 23.57 // 0.00%
AVX // 2.144 // 2004-01-15 // 18.36 // 18.36 // 0.00%
CCC // 0.217 // 2004-01-15 // 7.14 // 7.14 // 0.00%
HELX // 2.34 // 2004-01-15 // 24.60 // 24.60 // 0.00%
CENX // 1.859 // 2004-01-15 // 25.66 // 25.66 // 0.00%
LNOP // 1.834 // 2004-01-15 // 11.62 // 11.62 // 0.00%
LTXX // 3.43 // 2004-01-15 // 17.96 // 17.96 // 0.00%
LCAV // 2.91 // 2004-01-15 // 25.62 // 25.62 // 0.00%
VTIV // 1.689 // 2004-01-15 // 10.25 // 10.25 // 0.00%



Mean # days to gain 15%:
AD Score=A (21 trades): 11.33 days
AD Score=B (18 trades): 11.67 days


-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
KEY

AD = Analysis Day
EOD = End of day
AD Score (based only on chart, no fundamental analysis) =

A : Very good candidate for quick 15% gain, due to very recent breakout. Establish new position ASAP.

B : Good candidate for 15% gain but less quickly because price is up to 10% beyond most recent breakout. Establish new position when guided by stochastics trending.

C : Price approaching next significant resistance. Set an alert trigger at just above next resistance price and wait. (There won't be any stocks in this category from the 5-Year Highs list.)

D : Price is more than 10% above previous breakout and no established overhead resistance to anticipate (that is, already in blue sky or too much middling resistance ahead). Going forward, blue-sky stocks in this category can best be addressed only by very short-term technical analysis or of fundamental/value analysis.

[siliconhippy]

ParkTwain,

Thanks for the insightful analysis. Here is Yahoo's definition of STOCK BETA:

-------------------------------------------------------------------------
Beta
The measure of a fund's or a stock's risk in relation to the market or to an alternative benchmark. A beta of 1.5 means that a stock's excess return is expected to move 1.5 times the market excess returns. E.g., if market excess return is 10%, then we expect, on average, the stock return to be 15%. Beta is referred to as an index of the systematic risk due to general market conditions that cannot be diversified away.

Beta equation (security)
The market beta of a security is determined as follows: Regress excess returns of stock y on excess returns of the market. The slope coefficient is beta. Define n as number of observation numbers. Beta =
[(n) (sum of [xy]) ]-[ (sum of x) (sum of y)]/
[(n) (sum of [xx]) ]-[ (sum of x) (sum of x)]
where: n = # of observations (usually 36 to 60 months)
x = rate of return for the S&P 500 index
y = rate of return for the security

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

So Yahoo is looking at 3-5 year beta, which looks too stretched (even though your beta correlation is very high for short term gains.) Perhaps a 12-month beta might yield higher correlation, and then your method will get closer to MrMarket's who uses 12-month RSQ (basically a beta on the stock itself, as opposed to a comparison with the market.)

Also, Yahoo's definition is for an S&P500 market benchmark, so beta with a NASDAQ or NYSE base might reveal even more significance. NASDAQ certainly diverges more from S&P500.

But for now, the method you have seems pretty good anyway.

I also noted that www.moneycentral.com has both 5-year and 52-week highs listed. So why go to barcharts?

Regards,

:twisted:
siliconhippy

[ParkTwain]

Barchart.com lists the RSI value each day for each stock making a 52-week high. Makes it very easy to sort the list by RSI (click on the column name), then examine the stocks with RSI from 68 to about 72.

//PT

[siliconhippy]

ParkTwain,

Yes you are right about RSI sorting with barcharts.

However what period is this RSI over? 90 days, 180 days? Which should matter more?

Barchart shows blank info windows during market (busy?) hours most of the time.

siliconhippy

[ParkTwain]

14 to 20 days is typical. 14 days is the recommended. That is what I use at stockcharts.com

[carribean_mike]

Park, I have a couple of questions for you

1) In your positions statement you state that

* 1 to 5 total simultaneous positions (1 to 3 recommended)

How do you determine which stocks to take? From following your post it appears that many potential buys occurs around the same time.


2) In your selling strategy you state:


* If RSI(14) at end of day is not over 70 and if RSI measure is above the inclining trend line of multi-week duration, set a new stop loss at 90% of the 15% profit point, and wait.


My question is -- once you set the new stop loss, when does it move. Is it a trailing stop?

thanks

[ParkTwain]

I would set it and then wait for the 15% gain. When you get the 15%, then sell. This is designed to be a quick-hitting approach to making your gains. For only a minority of stocks will you get a second 15% beyond the first 15% before you would get a 15% gain from another stock that shows itself to be a strong candidate.

After you sell a given gainer, you put the money into the next strong candidate for another 15% gain.

[ParkTwain]

My posts were intended to show the set of candidates. To prepare to make the actual buys, you should be looking at beta measure, strength of the industry group in which the company plays, the "story" behind each company's particular earnings and revenue growth situation, the schedule for earnings announcements, etc. Even check the stochastics and other technicals to time your buy. In those posts I just wanted to demonstrate how quickly you can find candidates and make a series of 15% gains by focusing on just a few technical set-up features.

You can modify the approach and wait for 20% gainers or something else, of course. What I had found last year (cal year 2003 and before), while comparing my preferences to what $$MM$$ does, is that I was finding the same stocks he was, but about 3 to 6 months *before* he put them on his short list. I thought that was interesting, so I'm posting today according to what I was using to find the candidates. It tells me, especially in a rising overall market, that the approach of using IBD RS numbers get you into a stock later than necessary.

The "buy the breakout above a previous high point of resistance" is a very powerful approach. It is based on evidence and is consistent with what you would expect human behavior to be. When there are no more (or relatively few) sellers left in a stock, because it has now surpassed its previous high point, and if the real-world story with the company is positive and the MARKET KNOWS THIS, you are in a good situation to make some appreciation on a stock.

[ParkTwain]

BTW, I posted the other day on the STN (Station Casinos) board on Yahoo about this group. Most of them were making new 52-week highs or close to it on that day. I bought STN a few days ago and now am up 6.6%. They also just announced good earnings results and raised guidance, so the market was basically expecting it. It is somewhat cheap right now based on 12 months forward P/E versus earnings growth rate.

[ParkTwain]

Tonight I am starting a new list of candidates using my previously published criteria. I am looking at making a few tweaks, if so I will update the "manifesto" for your perusal.

The action on 16-Jan seems to me to have been a significant high for the markets for the time being. Now is the time to be sifting your data and evaluating where the continuing strengths are in the markets.

What I was seeing on my lists for several trading days going into 16-Jan was that only the pretty speculative stuff was showing up on my screen. It was showing me that the near-term blowoff was at hand. It was reminding me of late 1999, early 2000, you were seeing the junk tech stocks going up on nothing substantial as to their actual fundamental performance.

[ParkTwain]

I had found the very strong TEN chart from a screen.

This post is regarding auto parts (TEN) and auto parts insurers:

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7080418&tid=ten&sid=7080 418&mid=8098

[ParkTwain]

My pick of STN reached my 15% gain milestone today. Was a wait of about 24 trading days. Looking very strong going forward. Decided to hold 75% of my original buy shares for further gains.

Gains today in STN happened in context of news of Supreme Court not reviewing lower court decision regarding legality of electronic (slot machine-like) bingo games. Casinos and slot machine makers are seen to benefit from today's SC results.

Today's screen leads me to off this short list (in order of strength of my recommendation):

Symbol ... PEG ... Beta ... ROE ... Debt/Eq ... Cash/sh ... BV/sh ... Price/BV

ZQK ... 0.8 ... 0.845 ... 15.41 ... 0.323 ... 0.50 ... 8.034 ... 2.48
OMCL ... 0.96 ... 1.521 ... 31.10 ... 0 ... 1.44 ... 1.47 ... 14.86
FTI ... 1.35 ... 0.899 ... 21.8 ... 0.516 ... 0.44 ... 6.465 ... 4.14
LIFC ... 1.27 ... 1.49 ... 81.8 ... 0 ... 0.75 ... 1.38 ... 5.6

Each of these made a new 52-week high today. Each is under $30/sh. The chart for each shows RSI in uptrend but no higher than 70. The chart shows the +DI line on the ADX (stockcharts.com) spiking today or very recently previously. Each has avg daily vol of >50K per day.

ZQK (youth apparel) has 2 week old breakout in progress, long previous base (3/03 to 1/04) shown on chart. Safer growth, obviously well-managed company.

OMCL (hospital supplies) shows a very recent breakout and offers a higher beta. High price per book value, but low PEG. More research needed on fundamentals.

FTI (oil services, food processing equip) offers reasonable PEG, moderate beta, high ROE, reasonable price per BV, only has 2.5 years of previous chart history (spinoff).

LIFC (bio lab products) has very high ROE, reasonable PEG, higher beta, but price sits in middle of previous 5 year price range with additional overhead resistance to go.

Other new 52-wk highs for today also meeting technical chart criteria above, but whose fundamentals are not as positive: SFY, PRST, SMTS, MLHR, PRGO (just missed the cut), MOT, ZOLT, KFX.

Happy hunting!

[Michaelk005]

I like OMCL chart. Im going to buy some at an $21.50

[ParkTwain]

See my post this evening on Yahoo's UHCO board:

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7084484&tid=uhco&sid=708 4484&mid=742

[siliconhippy]

Park,

So how do you judge potential breakouts in advance, and then how would you know if the breakout will be real or fail? Must be a real skill...

siliconhippy

[ParkTwain]

Nailed that one on March 2nd.

[ParkTwain]

This one's not so hard. It's the idea behind my entire approach, as presented in my "manifesto."

You're looking for a stock that is approaching, or has just met, some previous high point -- the best is if that high point is a previous all-time high for that stock. You want to see that the technical indicators are building strength as the stock price has approached that previous high point. You want to see in those indicators that there is still room for even further strength, enough to push the stock price upward past that previous high. Remember what "resistance" is -- the more volume that was transacted in that stock as it turned down from that previous high point gives you the basis for gauging the strength of that point as resistance. That volume is telling you how many previous buyers will have the incentive to SELL when the stock attains that previous high price again.

Of course, if you have independent knowledge that the company's operations are continuing to improve versus the time when it made that previous high point, that future earnings guidance indicates company growth, there is a reasonable P/E ration and PEG ratio, that revs and margins are strong and improving -- all these things give you corroboration that there will be strength in the market to push the stock price beyond the previous high point. Then, after it has done so, there are that many FEWER previous owners who will be willing to sell their shares as the price continues to rise. If the stock surpasses a previous all-time high, you are now in BLUE SKY TERRITORY, absolutely the best place to be for a stock's price.

[ParkTwain]

Louisville and Arizona are the only seeds above (4) that can conceivably get to the Final Four.

Ga Tech (3) and Wake (4) could also make it. Pitt (3) is relatively likely to make it.

I don't have much hope for a Final Four for NC St or Wisc or Kansas or Cinci, or for UNC or Texas. Memphis would have to play out of their minds to get out of their regional.

I think St Joe's, Duke, Stanford, and Ky are all overrated: Duke is soft on defense and to be pushed around inside (they have to play Cinci and Miss St to advance), Stanford shoots well but can't defend and only Childress can penetrate (they have to play defense-minded Maryland and UConn to advance), and Ky is small and can defend and press but has no solid go-to guy on offense (they have to play athletic Ga Tech and defense-minded Ok St/Pitt to advance).

For me it comes down to Pitt or Ok St versus Miss St or UConn in the final game.

[ParkTwain]

CRIO (sub $5/sh, beware), ATVI, RHAT, VRNT, OMNI, APPA (sub $5/sh, beware)

These are a few days old, but still worth your time:

DPTR, GDYS, PENN, TSN


Still liking many of the gaming stocks: SHFL, STN, IGT, congrats to $$MM$$ w/ ASCA whose good news this week pulled up everything else in the sector.

I am now in MPP and UHCO (expecting renewed strength for their next respective breakouts).

It's good to see some new pep back in the market this week.

Happy hunting!

/PT

[IIC]

I stiil like SHFL and ASCA

[Michaelk005]

ATVI up over 11% today, which I bought a few days ago... I'm up close to 15% in lesss then 2 weeks.. BEET THAT MR. M

[ParkTwain]

From Friday's Barchart.com list of 52-week highs:

I did my work last night on the Barchart.com New Highs list (for Fri March 26) to find the stocks making breakouts to an all-time high. Several of the stocks I found are also on this weeks MM list: ATVI, AZR (still just under its all-time high), MOGN, NAT, STGS.

There are several others now in BLUE SKY TERRITORY that were not on MM's new list: ADSK (breakout is a couple of weeks old but only 20% or less above the previous high; still a good candidate for continued appreciation), ASCA (breakout has just happened; it's time to buy, not sell), BRO (insurance seller showing strength through the post Jan 2004 market slump), CVD, FE (strengh still building), RL (Polo Ralph Lauren), SHW (Sherwin Williams paint; previous high was in 1998 or so); THT (spec situation stock; low-volume stock, about to be bought out by parent co.), TRA (another spec sit, at 52-wk high not all-time high; maker of nitrogen-based fertilizer with huge demand from China; probably to be acquired).

[ParkTwain]

Took my 15+% profit (actually 17.3%) this morning. It will certainly go up from here as well. No regrets. Watch the chart.

[ParkTwain]

Cheaply priced. Recent technical strength, now in BLUE SKY TERRITORY. Will probably buy more as she goes. MM, take a look!

[ParkTwain]

http://finance.yahoo.com/q/bc?s=^XOI&t=my

See the "max" chart for the XOI index of major oil companies. She's on the cusp of a breakout to the upside.

Click on the "components" link to see the list of oil companies that contribute to this index's performance. You can also buy a security (on the AMEX) that tracks this index's performance.

I recommend that you get into one or more of the major oil companies soon!

[ParkTwain]

http://finance.yahoo.com/q/bc?s=^RUT&t=5y

Why hadn't I noticed this before?

What do you think of this fact? Is the small cap market running on fumes right now? Have we regained the "bubble" mentality in the small cap world?

[spikefader]

I recommend that you get into one or more of the major oil companies soon!
Good call.
Channels would have had you long in several of these http://finance.yahoo.com/q/cp?s=^XOI early this week. TOT is a perfect example of channel entry on Wed morning on the gap down, which had an intraday bullflag you could have entered 94.20ish if you missed the buy at open down near 93.55. Some yet to trigger long from lower channels, so I'm watching.
http://img47.photobucket.com/albums/v145/spikefader/Trading/TOT.jpg

[ParkTwain]

Is this a std dev spread, or something else?

I ask because before the day of the recent dip in TOT, there was no (or what?) basis for the extent of your upward sloping channel lines. Only now can you draw the bottom line of the channel at the low point of that dip. Help me out here.

[ParkTwain]

30+ year chart on XOM provides long-term context for today's price. All-time high occurred in October 2000:
http://chart.yahoo.com/c/my/x/xom.gif
http://finance.yahoo.com/q/bc?s=XOM&t=5y&l=on&z=m&q=b&c=

I use a 3-yr chart from stockcharts.com to start examining my setup candidates, based on a 52-wk highs list sorted on RSI:
http://stockcharts.com/def/servlet/SC.web?c=xom,uu[h,a]daolyyay[df][pb50!b200][vc60][iUb14!Ll14]&pref=G


What I am looking for:

1. Rising RSI nearing 70. Shows the stock's has some strength right now but that strength also has some room to increase further.

2. Stock price is at, just below, or (if more conseratively playing it) just OVER a previous point of price resistance that has just been surpassed on strong volume (i.e., upside breakout) with the further back in time that resistance point is the better. So I will prefer an approach, or breakout over, the previous all-time high point in the stock's history. Blue Sky Breakout is preferred among all setups.

3. On the ADX plot, a new jump in the +DI (green) line, in tandem with an ADX line that has just turned upward over 20.


I have done very well with this approach during the bull run after March 2003, and before that. I prefer working with stocks under $30/sh.

[spikefader]

Is this a std dev spread, or something else?
I ask because before the day of the recent dip in TOT, there was no (or what?) basis for the extent of your upward sloping channel lines. Only now can you draw the bottom line of the channel at the low point of that dip. Help me out here.
They are regression channels. Never heard of 'em? Check them out, they are useful tools. You are mistaken or confused about the 'only now can I draw the line' part. When one is using these channels on a daily chart, they move and project points relative to each day and the channels move and modify (very different from standard fixed channel trend lines). Some days, the line will be way under price, other times, price will move in such a way that the two connect.

For eg, TOT at the open on that day, price was slam bang right on the channel. In fact, it caused it to widen slightly, opening price right on an adjusted channel. Check them out at stockcharts.com and choose 'annotate' under the chart and then choose 'Raff Regression Channel Tool' from the toolbar. You'll note that the channels will widen depending on what price does from the point you're measuring from.

Also, when you say before the day of the dip I would have had no basis for the extent of my red channel lines, you are mistaken. Despite the fact that I wasn't watching TOT (and I simply posted it above as an example of how your suggestion on Oil stocks fit in well with my technical setup) I can tell you with certainty that had I had TOT on my watchlist, I'd have a distinct basis for drawing the red channel. That basis is the blue channel turnup. That is one of the bullish channel signals I hunt for when searching for trades. Many examples in my thread. The other is a channel breakout (expansion). I specifically use THOSE as the basis for drawing the second channel (in this case red) from the most recent low.

Why do I do that? To look for entry long at the lower channel based on the blue channel bullish signal. You will note that after the blue channel turned upward, it took 6 days for price to return to the lower red channel. Had I spotted this stock prior to Wed, I would have drawn the blue blue channel turn up, and liking the rest of the chart (volume support bla bla bla), then I'd have it on my watchlist and be following it, and hence my red channel drawn, waiting for price to hit it so I could take the long (based on other intraday patterns). There are several examples where I have done this real-time in my thread, NUTR is a good one that comes to mind, or ELN the day after the channel touch but price was still hanging down there.

Hope that clarifies it for ya.

[ParkTwain]

If you were long TOT on the day that TOT dipped down, a couple of trading days ago, you wouldn't know what to do and your chart wouldn't have been able to help you. The dip down would have fallen below the channel lines that you would have already drawn up to that point. So what do you do when the price falls below the channel lines?

Your charts are a tool for a daytrader, someone who is constantly watching a given stock or the entire market in order to determine which side (short or long) to be on for a given trade. I am more of a chart-based speculator. I will enter a trade looking for a multi-day or several week hold. I want the 15% gain that $MM$ has made so popular on this board. Previous support/resistance points are the key for me, along with the indicators that give a clue whether a given previous resistance point is likely to be superceded in the near future, or whether a recent breakout is likely to hold up as the stock tracks upward.

[spikefader]

If you were long TOT on the day that TOT dipped down, a couple of trading days ago, you wouldn't know what to do and your chart wouldn't have been able to help you. The dip down would have fallen below the channel lines that you would have already drawn up to that point. So what do you do when the price falls below the channel lines?
:lol: :? :roll: Anyone ever tell you that you're an argumentative and negative person? Did you actually read what I just wrote about TOT - did you look at the intraday chart? The thing gapped down. I was quite clear about how the trade could have been effectively and profitably traded. Perhaps you were tired when you read it and missed some stuff. But I can assure you, my charts DO help me, and I know EXACTLY what I'm doing. :lol: What do I do if price falls below channel lines, well, depending on what the regression channel does will determine what I do. If price falls in such a way that the channel expands then I interpret that as a channel break and I look to tighten stops on a trade, and exit at the top of the next channel, or I'll get stopped out. I think to fully appreciate what I'm saying about the 'expand' bit for the channel, you have to look at how regression channels work. I suspect you have no clue about them and didn't follow the suggestion to check them out at stockcharts.com before throwing your opinion on this thread.

Your charts are a tool for a daytrader, someone who is constantly watching a given stock or the entire market in order to determine which side (short or long) to be on for a given trade.
Not true. My charts are for anyone looking for great entries. As a swing trader, stops may be wider than mine, as you may not be able to look for intraday patterns before you enter, but how is that different than any other time a swing trader who has a full time job opens a trade with a limit order? It's no different. If the stock is fundamentally sound, which this site focuses on, then my charts can be used very effectively by someone who is a little organized, open-minded and patient.

I am more of a chart-based speculator. I will enter a trade looking for a multi-day or several week hold. I want the 15% gain that $MM$ has made so popular on this board. Previous support/resistance points are the key for me, along with the indicators that give a clue whether a given previous resistance point is likely to be superceded in the near future, or whether a recent breakout is likely to hold up as the stock tracks upward.
:lol: Sounds pretty similar to the things I think are important, with the exception of target. I don't set a flat 15%, I'll take what the market is saying to take, and if that's 40%, then so be it. If it's 2%, so be it. Perhaps where we differ is our stop mentality. I won't tolerate the large drawdowns that perhaps you would as a swing trader.

[ParkTwain]

I've been through all the line-drawing and sweating the entry points and all that. I'm not a daytrader, and I'm not a swing trader. I trade breakouts above well-established, long-term (multi-year) resistance points. That's it. If you find the right setup you don't have to sweat the entry point (within a few percentage points is OK in my experience). And in a bull market there are plenty of them. I don't sweat the entries etc because the long-term chart already shows me where the resistance points are/were and thus where the entry region is for a high-probability 15% gain, as the price passes that resistance on significant volume (as determined by the stock's own history).

I don't care what the momentum behavior is on a stock, I won't trade it unless it is about to pass either its all-time high or the first or second major resistance level below its all-time high. I avoid overhead like the plague. I have found that this is the most reliable behavior for any stock, and for me, who doesn't have much time to put into doing trades, this is the most time-efficient setup to look for and to take on.

I take the first 15% because the 2nd 15% is a lot less likely (in a bull market, I can probably find another RELIABLE 15% gainer and get into it before the prior stock makes its second 15% gain), unless we're talking a stock that has made a blue sky breakout. After you've obtained the first 15% you basically have to become a fundamental analyst to know whether to hold, and you have to baby-sit the position with rising stops and start caring about intraday behavior, neither of which I have the time to do as a non-daytrader, at least at this point in my life. So I'm lazy (compared with a daytrader) and certainly time-constrained, I suppose, but I have also figured a decent way to make $$$. I have recently taken a class given by professional traders and spoke to them about my approach, given that I am not a daytrader, and they gave it a thumbs-up. So I'm working with that for now! Good luck to you.

[spikefader]

"I've been through all the line-drawing and sweating the entry points. If you find the right setup you don't have to sweat the entry point.
So you think it's a a bunch of wasted 'sweating' energy looking for the perfect entry based on the reasoning that if your stock is a good pick, a few percentage points of loss at the start of a trade is nothing to worry about? Well, I guess I should be glad there are people out there like yourself willing to buy when I'm selling and sell when I'm buying, not worried about your trade going in the red simply because your pick has strong fundamentals.

I suspect the reality of the situation is that when a trade goes against you, you sweat as much as anyone else, and perhaps even wonder where you could improve your system or methodology.

Anyway, I still assert that for every trader, a trade that starts in the red is simply the prelude to temptation to step onto the slippery slope of hope as you watch the stock move against you. For undisciplined or 'hopeful' traders, they don't take the loss and move on, but hold and hold and hold til the stock goes to single digits or worse.

In my own positive and encouraging and helpful mindset, I think we all should encourage each other to strive to get perfect entries so we avoid that emotional battle altogether, and we start the trade feeling like a genius, and proud that we traded a plan with acceptably low losses if we are wrong.

:( In hindsight, I wish you'd had just taken my compliment in my first post, perhaps said thank you, and maybe finished by expressing satisfaction that another trader's TA supports your call. :lol:

P.S, by definition, you ARE a swing trader.

[ParkTwain]

For instance, look at investopedia.com, article by Jason Van Bergen.

Most sites seem to define "swing trader" either as those who are not fundamental investors nor day traders. They define in negative terms (by what you're not) as opposed to what they actually do.

With reference to Van Bergen's article, I am not a swing trader because I don't trade based on a stock's EMA or price channels.

I am doing perhaps a variant of what a "trend trader" using Van Bergen's terms.

I have not read any of the Swing Trading books, because I haven't yet needed them. What they seem to be doing requires a more complex analysis than what I am doing. I have tried to keep my activities pretty simply defined. High probability of outcome is important to me. High probability (>80% predictability) is not as possible when you're dealing with channel-based techniques -- depending on the stock, there's simply too much "noise" in how a given stock will behave day to day. By trading only at breakouts there is only one kind of "noise" to watch for -- the false breakout that jumps above the pivot point then falls back below it. O'Neil How to Make Money... discusses this as do others, such as Jiler's How to Use Charts ... After the breakout is underway, your only concern is how much of a dip can you stomach as the stock's move progresses. On the other hand, by sticking to +15% or so gain discipline (let's say selling 75% of the position at that point), that "dips during uptrend" concern also goes away.

So I've only tried to distill what I have learned into a much simpler approach that produces a high probability result of a certain percentage gain. That is a very desirable approach if it works out.

Today I ordered Marcel Link's "High Probability Trading" from Amazon.com.

http://www.amazon.com/exec/obidos/tg/detail/-/0071381562/qid=1082322025/sr=1-1/ref=sr_1_1/104-6407123-3789511?v=glance&s=books

[ParkTwain]

Channel trading isn't as high-probability an activity as breakout-oriented trading because in the channel the price activity is most likely taking place between points of major (long-term) resistance/support.

Look at the 1yr to 3yr chart for ZQK. The stock based for most of the 12 months prior to its recent upside breakout. Its gains (19/sh to 23/sh) since then (late Feb 2004) have been very predictable given (1) the overall trend of the market, (2) the long basing activity of ZQK, and (3) the breakout to the upside in late Feb.

This is like trading using the laws of human nature (investors have a memory, and those with a previously losing position in a stock are very happy to get their money back). If a stock has enough strength ("momentum") to surpass a previous high point on good volume, then it is a high-probability prediction in a rising overall market that the stock will continue higher (i.e., there are almost certainly going to be a lot fewer sellers after the stock has surpassed that resistance point). If that previous high point was an all-time high, then you can let it run higher till the cows come home, subject to one's own risk aversion to dips relative to the slope of the uptrend. Of course, the more one might know about the company's earnings prospects going forward will give one a little fundamental context for how sensitive to be to those dips.

[ParkTwain]

(4/19/2003 close) (B = Beta) SPEC = more downside risk


Technicals:
RSI and Wilder's DMI (ADX) figure prominently
http://stockcharts.com/def/servlet/SC.web?c=LECO,uu[h,a]daolyyay[df][pb50!b200][vc60][iUb14!Ll14]&pref=G


"A" List

LECO - (31/sh) (B=0.609) grt earnings rpt 4/16, just passed 8+ yr high, strong pos money flow
REM - (21/sh) (B=0.763) asc triangle at 8+ yr high of 21/sh since 10/2002, RSI uptrend since 12/2003, should ROCKET soon
KERX - (16.50/sh) (B=2.766)* SPEC (pharm), on tear since 1/2004, just reached all-time (3+ yr) high, buyout candidate
CRK - (23.50/sh) (B=0.837) SPEC (jr oil), brkout from 21/sh last 2 days, strong for over 12 mos, 12+ yr high was 15/sh
STTX - (22/sh) (B=0.349) has already made a large climb, just bounced up off 10 yo resis/suppt at 20.50
LGND - (22/sh) (B=1.8) * now making 10 yr high, RSI uptrend since 10/2003, big incr money flow in 4/2004
APSG - (27/sh) (B=0.148) SPEC (terror sec), just passed 10+ yo high, strong since 12/2003, spike/decay pattern in RSI
AZR - (25.65/sh) (B=0.958) now at 19 yr high of ~26/sh, incr strength since 2/1/2004
ACMR - (29/sh) (B=0.644) just passed 6+ yo high, incr strength since 12/2003, pos money flow, steady vol
SFD - (28/sh) (B=0.786) just passed 13 yr high of ~25/50 in mid 3/2004, sloppy uptrend since 11/2002, recently volatile RSI
HRL - (30/sh) (B=0.139) now making 14 yr high, spent most of 4/2004 at 30/sh, RSI above 50 since 1/15/2004
JBHT - (32/sh) (B=1.293)* brkout in 7/2003 at 20/sh, stalled 9/2003 in channel (25/sh to 29/sh), brkout at 29/sh in early 4/2004
EPIX - (23.50/sh) (B=1.975)* just under 6+ yr high of 27/sh, rangebound chart 7/2003 to 2/2004, in 3/2004 bounced off 20/sh support
GVHR - (28/50/sh) (B=1.284)* about to reach 5+ yr high of ~31.00; recent dip for a buy


"A" List, but Today's Close More Than 15% Above Pivot

ALGN - (23/sh) (B=3.082)* turns up again after 3 mo pause
KFX - (11/sh) (B=0.885) very strong for 13 mos, passed 8 yr high of 8+/sh late 2/2004
TJX - (25/sh) (B=0.842) passed 16+ yr high (22/sh in 4/2002) in 1/2004

[ParkTwain]

Results for 5 trading days after 4/19/04 posting

Symbol ... 4/27/04 close ... 4/19/04 close ... intra-period high (% gain)

LECO ... 32.35 ... 30.93 ... 32.89 (+6.3%)
REM ... 22.35 ... 21.35 ... 22.95 (+7.5%)
KERX ... 19.07 ... 16.66 ... 19.86 (+19.2%)
CRK ... 22.30 ... 23.65 ... 23.30 (-1.5%)
STTX ... 21.42 ... 21.95 ... 22.00 (+0.2%)
LGND ... 24.02 ... 22.22 ... 24.91 (+12.1%)
APSG ... 27.05 ... 26.68 ... 27.83 (+4.3%)
AZR ... 26.65 ... 25.65 ... 26.83 (+4.6%)
ACMR ... 28.49 ... 28.82 ... 29.53 (+2.5%)
SFD ... 27.81 ... 27.75 ... 28.00 (+0.9%)
HRL ... 31.20 ... 30.10 ... 31.50 (+4.65%)
JBHT ... 32.98 ... 31.93 ... 33.47 (+4.8%)
EPIX ... 24.40 ... 23.68 ... 25.75 (+8.7%)
GVHR ... 27.02 ... 28.50 ... 29.18 (+2.4%)

Avg intraperiod gain (14 picks) ... 5.475%
(4/19/04 close to 4/27/04 intraperiod high)

S&P 500 ... 1135.53 ... 1135.82 ... 1144.96 (+0.8%)
Nasdaq ... 2032.53 ... 2020.43 ... 2059.08 (+1.9%)
DJI ... 10478.16 ... 10437.85 ... 10570.92 (+1.3%)

[noshadyldy]

Very nice Park. How often do you make new pics? How long are they good for?

Margie

[ParkTwain]

Now that the overall market has warmed again, these stocks show chart setups that point to a high probability of 15+% gains in the next 2 to 3 weeks:

SONE
EEFT
FLS
EFJI
IDSY
PVN

Here is my preferred chart setting:
http://stockcharts.com/def/servlet/SC.web?c=SONE,uu[h,a]daolyyay[df][pb50!b200][vc60][iUb14!Ll14]&pref=G

Looking for price just passing previous all-time high (EEFT, EFJI) or point of significant previous resistance (IDSY) or entering bottom of range of previous large gap down (SONE, FLS, PVN).

[spikefader]

Very nice Park. How often do you make new pics? How long are they good for?
Margie
:?:
Don't you know it's rude to ignore a lady?
Now that the overall market has warmed again....
:arrow: So what happened to the previous 14 picks? Glancing at a few, I note some were :cry:

[ParkTwain]

covering the next 2 to 3 weeks, only based on today's chart setup.

I look for a very specific set of ingredients in my setups.

From that post's list, I see that JBHT continued to perform. Most fell flat during the market doldrums, a few are within a few percents of the price at the time of that call.

Retail and casinos, some of the oils, were the place to be in the last 60 days. Good luck to all.

[spikefader]

:lol: what, no report of say ....

Avg intraperiod gain (14 picks) ... ????%

After all, you are a swing trader and based on your methods you'd still be holding some/all of these wouldn't you?

[ParkTwain]

No one else to talk with out there?

Maybe I'm a "swing trader" who's been out of the market for several weeks, duh.

STN's been good to me in the meantime.

I'll probably go with EEFT, maybe as early as tomorrow. How 'about about a line-drawing voodoo for the crowd!

[ParkTwain]

How about a little line-drawing voodoo for the gathering crowd?

:)

[spikefader]

No one else to talk with out there?
Maybe I'm a "swing trader" who's been out of the market for several weeks, duh.
STN's been good to me in the meantime.
I'll probably go with EEFT, maybe as early as tomorrow. How 'about about a line-drawing voodoo for the crowd!
Sure, I'll give you my opinion on EEFT.....but I don't see any crowd in here :lol: Perhaps if you improved your manners ... 8)
As to the rest of your comments, defensive aren't we? I was asking for an update on stocks you had on your 'A' list, and sticking up for a lady who you clearly ignored. Why make a thread and post in it if you don't reply to people? And as your subject title ?? a fight? no one else to talk to?? :lol: :lol: I ask for a little accountability and you call it a fight and then you presume the reason I'm doing it is I've run out of people to talk to. I'm beginning to think you're :twisted: Later knucklehead.
http://img47.photobucket.com/albums/v145/spikefader/Trading/EEFT.jpg

[ParkTwain]

EEFT (picked 07-June-2004)
EFJI (picked 07-June-2004)
FLS (picked 07-June-2004)
IDSY (picked 07-June-2004)
OMM (picked 09-June-2004)
PVN (picked 07-June-2004)
SFD (picked 09-June-2004)
SONE (picked 07-June-2004)
SPLS (picked 09-June-2004)

[spikefader]

...I'll probably go with EEFT, maybe as early as tomorrow....
Did I save you some money or did you rush in and buy it back up there?
http://img47.photobucket.com/albums/v145/spikefader/Trading/EEFT_long_warning.jpg

[ParkTwain]

Look at the huge gap that is being worked through. Nice setup.

Also looking for more good stuff in CCK (new high and leadup to new asbestos litigation resolution beginning Jan 05), LECO, NNN, HURC, and others. See my post at Yahoo's TKTX board.

Regards to all.

[ParkTwain]

Made some coin through the fall in STN. Took my 15+% and out. No one on this board seems to have mentioned it. Sweet. Eddie is it in your sights yet? IBD should have already gotten you into that stock by this time!

[ParkTwain]

sorry ERNIE. I'm pretty rusty, heh

[ParkTwain]

See Msg # 16127 on Yahoo's MBG board.

[RL]

Glad to see you back.

[ParkTwain]

following through its brkout over $20/sh eariler in the week.

[ParkTwain]

I was on sort of a hiatus in the middle of the year. Stopped trying to fight the market at that time, since I don't do shorting. (I trade only in my IRA.) My position in STN turned around in early Sept, and I've been more active since then. Right now I am long CCK, TKTX (alert for staleness), and KFY (as of Fri. a.m.). New to my watchlist by end of this past week were: CHKR, ATPG, DTPI, WG, CCRT, IDR, DAB, USM, JNPR, BDX.

[ParkTwain]

Posted by members of StockCharts.com:
(Link A)
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=public&cmd=show&disp=RED


My KFY is found (p. 6 of 10) in this series of chart pages by Robert E. New (10th link down the page at Link A above):
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID897936

New's list of "near term" favorites:
DLP DNEX EQIX HOV IPMT KFY KO QCOM TBL WMS WWW YHOO

[ParkTwain]

Though in a longer uptrend, STN had been down 8 of the 9 previous sessions. As of end of day yesterday it had reached its 50DMA. This morning it dipped down 50 cents then reversed and continued higher all day on 2X avg volume.

Am also enjoying this week's gains in LVS, which came out as IPO on Weds.

[mooddude]

CHART HARVESTING(TM) Manifesto

OT: That's funny I actually did it but I don't see the phrase "Chart harversting" registered as a TM in the U.S. :-)

http://tess2.uspto.gov/bin/showfield?f=toc&state=odlnpn.1.1&p_search=searchss&p_L=50&BackReference=&p_plural=yes&p_s_PARA1=&p_tagrepl%7E%3A=PARA1%24LD&expr=PARA1+AND+PARA2&p_s_PARA2=Chart+Haversting&p_tagrepl%7E%3A=PARA2%24ALL&p_op_ALL=AND&a_default=search&a_search=Submit+Query&a_search=Submit+Query

[ParkTwain]

preemptive stike :)

[Hany]

I think that your updated list that you posted lately looks good but I feel that FRD should be added to that. What do you think?

Hany

[ParkTwain]

http://stockcharts.com/def/servlet/SC.web?c=frd,uu[h,a]daolyyay[dd][pb50!b200][vc60][iUb14!Ll14]&pref=G

To want to buy FRD now, after it has retreated to its 50DMA, you have to wait to see whether it will turn up again. I also don't see any particular medium-term trending in the stock's RSI or Wilder DMI plots, which are the measures that I take the most seriously when looking for a setup. I don't do much if any fundamental analysis on my setups, but I avoid a hold going into options expiration if options are offered on the stock. I would next think about buying FRD when it has again approached a significant point of resistance.


For the sake of argument, contrast this chart with that of RIV:
http://stockcharts.com/def/servlet/SC.web?c=RIV,uu[h,a]daolyyay[dd][pb50!b200][vc60][iUb14!Ll14]&pref=G

Notice that since about Sept 2004, there has been no significant selling intensity in RIV. (That is, the red line in the Wilder DMI plot almost never peeks above the 20 mark.) It has a price chart pattern (spike up and decay) very similar to that of FRD. RIV is also a lower avg. daily volume stock between its spikes up, so there is danger of price manipulation downward during those intervals.

[ParkTwain]

I posted the following tonight on a couple of the Yahoo stock chat boards.

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

Today I bought two other stocks (NWRE and LMIA) that are breaking out to new all-time highs, in addition to BPFH.

Here is a nice list of stocks (product of my own research) each of which (in my opinion) is presently (that is, as of 11/16/05 end of trading) facing an imminent breakout to an all-time high. Buying such breakouts is the best way I know to make above-average gains in the near term while also benefitting from built-in downside protection. Some breakouts to an all-time high continue on for MONTHS, especially in a bull market.

Watch for trading volume far above the stock's average daily volume and BUY the BREAKOUT.

For a primer on this general approach, see "How I Made $2M in the Stock Market" by Nicolas Darvas, first published in 1960, available at Amazon.com. Read it over the T'giving holidays, and you will be a lot smarter when you next enter the stock market.

For a straightforward presentation about reading the significant indicators (primarily price and volume movements) on stock charts, see "How Charts Can Help You in the Stock Market" by William L. Jiler.

You master these two sets of material, with no additional technical analysis training necessary, and you won't need Wall Street analysts and research any more, and you will laugh at CNBC for the rest of your life (while still watching it for its information value about how Wall Street is steering the sentiment of the retail investor).


Stocks facing imminent breakout to an all-time high
(as of 11/16/05 e.o.t.)

AC, ACR, ANN, AOS, ATPG
BABY, BTUI
DADE
ESV
FCN, FLS
HIBB
IDSY, IMGC, ISE, IVX
JCOM, JOSB, JWN
LKQX
MCRS, MET, MPG, MRVL
NHRX
PG
RDN
SAM, SMTS, SPLS, STGS, SWWC
THQI, TNM
UNP
VTIV

(This list does not include stocks of banks, REITs, or foreign-based companies and does not include stocks whose 30-day moving average daily volume, as reported by Yahoo Finance, is less than 50K shs.)

[ParkTwain]

Ed Seykota: "Win or lose, everyone gets what they want from the market. Some people like to lose, so they win by losing money."


Ed Seykota: "The feelings you are unwilling to experience are your real trading system."

[ParkTwain]

R. Donchian's trading principles, great stuff:

http://www.seykota.com/tribe/Resources/Donchian/index.htm

[RL]

Like I said the other day sure glad to hear from you. Hope you post often and be nice If you joined the POTW contest. Have a good day

[Lyehopper]

Like I said the other day sure glad to hear from you. Hope you post often and be nice If you joined the POTW contest. Have a good day
GOOD JOB recruting Ray!.... Just came to this thread to invite him to participate! You are fast dude!

I own LMIA's stock too... Very well managed custom CNC machining/Fab shop.

http://www.lmiaerospace.com/

[ParkTwain]

NWRE, LMIA, and OXPS each +7% today. feelin' good!

[Lyehopper]

NWRE, LMIA, and OXPS each +7% today. feelin' good!
Why didn't you play one in the contest Park?

[ParkTwain]

Took +17% profit (7-day hold) in NWRE today. Stock just resumed some strengthening. Will probably continue higher.

[ParkTwain]

Lye,

1. I have been fully invested for several market days and haven't updated my research since then to make a pick.

2. OXPS (my POTW pick last week) jumped yesterday, but only a few days late!

[Lyehopper]

Lye,

1. I have been fully invested for several market days and haven't updated my research since then to make a pick.

2. OXPS jumped, but only a few days late!
I noticed OXPS.... One week late.lol

You have some good picks dude.

Hey there's always next week! right?

[ParkTwain]

My favorite (free) data site to start my screen for new position trade candidates.

http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp
(List of new 52-wk highs sorted by RSI)

[ParkTwain]

Another little link that spits out today's most volatile (alpha):

http://www.trade-ideas.com/StockInfo/high_percent_volatility.html

[ParkTwain]

BRCM near significant resistance. Watch for a break above $50/sh on well above average volume.

http://finance.yahoo.com/q/bc?s=BRCM&t=5y&l=on&z=m&q=l&c=

On this 5-year chart, notice the next level of resistance above $50/sh.

The SOXX has been showing relative strength recently. Only two stocks on that index (FSL-B and MRVL) are in blue-sky territory, with both BRCM and NSM nearing significant resistance points.

[ParkTwain]

No discussion on these forums of the recent disaster in SFCC. There was a set of negative articles about drug testing companies such as SFCC that caused the stock to plummet all through November. There was a climax sell-off last Thurs. The stock rebounded by 19% on Fri. This prompted some discussion on the Yahoo boards of short hedge fund "hatchet" operations, tells of same in the put options, and the use of naked short selling (Reg SHO, OSTK's Patrick Byrne's current crusade, etc.).

[ParkTwain]

Expect some movement up in OXPS for the rest on this week.

//PT

IBD Top 100 feature article 12/6/2005

found here:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=1609535817&tid=oxps&sid=1609535817&mid=1093

//
OptionsXpress (OXPS) got its start five years ago with a simple mission: to build a user-friendly online brokerage platform for folks who manage their own options investment decisions.

To get there, the Chicago-based company built a platform featuring a variety of tools designed to help investors learn and develop trading strategies.

Though OptionsXpress also offers trading in stocks, bonds, futures and mutual funds, options account for about 75% of its daily trades.

The company, which went public in January, has grown at a rapid clip. At the end of October it increased the number of accounts by 67% from the prior year to 152,400.

Annual earnings averaged 129% growth from 2003 to 2005. Revenue grew an average of 107% a year over the same period.

"This is a very focused, entrepreneurial management team, which has a deep understanding of this end market," said Joel Gomberg, an analyst with William Blair & Co., which has an investment banking relationship with OptionsXpress. "They have a very strong . . . user-friendly platform that appeals to the novice trader."

For example, by logging onto OptionsXpress.com, investors can access an evaluation tool, called StrategyScan, that's designed to help them transform a trading idea into a trade that can be executed.

StrategyScan identifies up to three trading opportunities based on the system's bullish, bearish or neutral opinion of a specific stock over a specified time frame.

The site also features educational tools such as online seminars, a strategy overview guide and tutorials. And investors get interactive, real-time views of account balances, profits, losses and buying power to make it easier to make informed investing decisions.

Competitive Edge

OptionsXpress faces some pretty tough competition for its services. Rivals include much larger firms such as Ameritrade (AMTD) and Charles Schwab. (SCH)

David Kalt, OptionsXpress' co-founder and chief executive, says his firm's educational and evaluation tools help differentiate it from rivals.

Meanwhile, investment trends work to OptionsXpress' advantage. Over the past 10 years, the U.S. options trading market has grown at a 22% compound annual rate, analyst Gomberg says. Last year the market was up more than 30%, he says, and this year it's been tracking at a 25% growth rate.

Kalt estimates that of the roughly 30 million online brokerage accounts, between 10% and 15% trade in options. That puts the market at between 3 million and 4 million investors who trade in options.

OptionsXpress holds only a small piece of that market, which is growing at a rapid pace, Kalt says.

"We still see a great growth opportunity," he said. "The part of the market that's (growing rapidly) is the individual investor, who is becoming more comfortable using options as a part of his investment strategy. That's our focus and where we continue to dominate."

Kalt sees opportunities for growing the options business overseas. Through its OptionsXpress Australia unit, investors Down Under can trade in the U.S. options market. In the next few months, OptionsXpress will launch in Singapore, Canada and Europe.

"We're not betting the ranch on international growth, but we (see it) as a complement to domestic growth," Kalt said.

Another potential growth area is futures trading. OptionsXpress began offering that in July. Its products include financial futures, metals futures and currency futures.

"The futures market is where the options market was five years ago," Kalt said. "At this point it's a growing market, but it's still considered the Wild West. We see more opportunities to pursue the futures (market) as (trading) becomes more electronic and retail oriented."

Futures trading makes sense for OptionsXpress, Gomberg says.

"It plays to their core competency of offering an alternative type of investment product," he said. "We're seeing an increasing acceptance and awareness of (derivative-related) products on the part of retail investor."

Financially, OptionsXpress is doing well on all fronts. Its third-quarter earnings more than doubled from the prior year to 20 cents a share. Revenue gained 70% to $33.6 million. Daily average revenue trades, or the total number of revenue-generating trades divided by the number of trading days, leapt 81% to 20,600.

Analysts polled by First Call see full-year earnings rising 36% to 75 cents a share, then moving up 32% to 99 cents in 2006.

"They only have (about) 150,000 accounts, (so) there's opportunity to grow," Gomberg said. "As long as they continue to add customers they'll do well over time.
//

[ParkTwain]

Sold LMIA this morning for 13.1% gain in 13 days in market. Still looks strong, but wanted to book the profit more.

Still holding OXPS (avg cost 23.54/sh). Watching BRCM for breakout.

[ParkTwain]

Most of the way through reading Van K. Tharp's "Trade Your Way to Financial Freedom," which contains very helpful discussion of positions sizing and risk management for traders. Recommended book. Helps get you down the road toward really rationalizing your trading approach. Not about trading methodology per se.

Also leafed through Marcel Link's "High Probability Trading," which does not seem to offer all that much meat. Not recommended so far.

[ParkTwain]

Stocks expected imminently to breakout to an all-time high (based on closing data from last 3 market sessions):

ABC, ACR, ACTG, AGII, AGN, ANN, ASVI, AGII, ATR
BANR, BTJ, BWS
CAM, CECE, CLZR, CNO, CR, CTHR, CYTC
DCI, DHR, DJO, DO, DRQ
ELOS, EYE, EZEM
FII, FTI
GCO, GES
IBI, ICUI, IMN, ISE
LKQX
MCHX, MDR
NEU, NOIZ
OS
PAAS, PCTY, PRAA, PSS
RIG, RSTI, RTLX
SAFT, SCSS, SONO, SSAG, STGN
THOR, TIN, TNC, TRAD
UAG, UPCS, USAK, USPH
VAS, VTAL
WHQ

[ParkTwain]

watching CYTC today. Will probably buy into any fade near EOD.

[ParkTwain]

Will continue to watch CYTC. Opened small position in STGN instead, near EOD. Wanted to buy some BTJ, but it acted too strong going into the close. Maybe another day.

[ParkTwain]

Bot CNO this morning. Looking for breakout. Also like NADX, UCO, USPH, WFT, ACTG, CYTC.

[Lyehopper]

Good thread PARK. Glad to see you posting more regularly dude. I like many of the same stocks you're watching.... btw cool Avitar.... is that you?

I appreciate your participation in the POTW too.... thanks.

[ParkTwain]

That, my friend, is a portrait of Nicolas Darvas, author of "How I Made $2,000,000 in the Stock Market."

[Lyehopper]

That, my friend, is a portrait of Nicolas Darvas, author of "How I Made $2,000,000 in the Stock Market."
hmmmmmm.... If I made W.J. O'niel my Avitar, wonder if I'd get a letter like Doug's.

[ParkTwain]

Here's part of a post I placed today on the Yahoo OXPS board:

Observe this chart:
http://stockcharts.com/def/servlet/SC.web?c=OXPS,uu[h,a]daolyyay[dd][pb20!b200][ vc60][iUb14!Ll14]&pref=G

The stock's pps has been in an uptrend since mid June. The pps has touched the 20DMA only twice since Nov 1st. Otherwise the stock is tracing its 10DMA.

Observe the green and red lines in the ADX plot. This is showing what I would call a "buyer's strike" (that is, very little selling pressure, and pps rises each time buyers reenter the market) rise in the pps. In this case, since July 1st the red line (selling intensity) has not moved above the 20 level for more than a very few days in a row. The red line has recently been as low as it has ever been, especially since June 1st. The green line (buying intensity) has continued to hover between 20 and 40 since June 1st. Since June 1st, the stock's pps movement (including pullbacks) basically corresponds to the movement of the green line. Or, when the buyers show up, the stock rises. RSI and ADX for OXPS are still in an uptrend since mid-Oct and Nov 1st, respectively.

The best recent example I've seen of a "buyer's strike" rise in a stock is RIV between about July 1, 2004 and about Sept 10, 2005. In the chart below, notice in the ADX plot that the red line almost never moves above the 25 level and that the green and red lines move almost totally complementary to each other. This stock was in a strong uptrend for over 12 months. Like OXPS, RIV is/was a low-float specimen.

http://stockcharts.com/def/servlet/SC.web?c=RIV,uu[h,a]daolyyay[de][pb20!b200][v c60][iUb14!Ll14]&pref=G

[ParkTwain]

I'm thinking that I don't want to be long any consumer goods companies, especially anything higher-end that folks typically use credit to purchase, after January 1st, 2006. After this point, all minimum payments on consumer credit cards will be doubled, due to new Federal law. I'm expecting that this is going to put a crimp in consumer spending that will begin to show up on Wall Street by end of January.

[Lyehopper]

I'm thinking that I don't want to be long any consumer goods companies, especially anything higher-end that folks typically use credit to purchase, after January 1st, 2006. After this point, all minimum payments on consumer credit cards will be doubled, due to new Federal law. I'm expecting that this is going to put a crimp in consumer spending that will begin to show up on Wall Street by end of January.
Higher-end?.... I see people at MCD buying dollar value double cheeseburgers with a credit card dude!....

I love those $1 double cheeseburgers.... From the time I pull away from the drive-thru and before I pull back out into traffic.... I can eat two of those darned things!.... No better value in fast food.

[ParkTwain]

Feeling good about reaching 100% YTD gain in my trading account balance as of market close on Dec. 14th. As of Dec. 14th, I have 3 open positions.

As of Dec. 7th, I had these YTD figures:

58 total closed positions
33 winners: avg gain ~11% (>10% gainers: 15, >20% gainers: 3), avg days in market per position ~9 days
25 losers: avg loss ~5.5% (>10% losers: 6), avg days in market per position ~6 days

So I have realized YTD only a 2:1 return/risk ratio on my trades. I want to improve that figure significantly in 2006.

I plan to use the guidance found in Van K. Tharp's "Trading Your Way to Financial Freedom" to fine-tune my trading performance in 2006.

[skiracer]

Feeling good about reaching 100% YTD gain in my trading account balance as of market close on Dec. 14th. As of Dec. 14th, I have 3 open positions.

As of Dec. 7th, I had these YTD figures:

58 total closed positions
33 winners: avg gain ~11% (>10% gainers: 15, >20% gainers: 3), avg days in market per position ~9 days
25 losers: avg loss ~5.5% (>10% losers: 6), avg days in market per position ~6 days

So I have realized YTD only a 2:1 return/risk ratio on my trades. I want to improve that figure significantly in 2006.

I plan to use the guidance found in Van K. Tharp's "Trading Your Way to Financial Freedom" to fine-tune my trading performance in 2006.


Park,
What was the % of longs vs shorts. Do you go short very often? That's an impressive % overall considering the 58 closed trades average about 1 per week. I'm averaging between 3 and 4 per week but my average holding time has increased this past year because I've been taking positions in the strongest sectors/groups with ETF's more often an sometimes I will stay in one of those positions a few weeks which increases the holding period % somewhat. Normally 7/10 days in a stock position. I generally use 7% as a stop but have been thinking of loosening that up by going more with specific resistance or fib lines as opposed to the standard 7% stop. I see where you've had several losing positions greater than 10%. So to average 5.5% over the 25 trades you must have stopped the others close. I don't know for sure if it's just general circumstances but it seems that lately a number of my positions have been getting stopped out more often at 7% and then rebounding. It's something I have been studying with my own trades. I'm running somewhere around 5/6 out of 10 losing positions a few of which I have cut off under 7% for whatever reasons at the time. I haven't gone over the numbers completely but I'm up around 30/35 % on the plus side this year. I haven't looked at the r/r on a total basis but I would think that on average it would be under 2:1, but not a whole lot, an if your operating at an average 2:1 ratio and you're up 100% then at least your picking strong setups. My own personal feelings are that you will begin to lessen the number of setups, decent setups, by trying to lessen the r/r to much. It's a good thought an always worth trying to improve, but you're up 100% ytd that's kind of hard to beat as it is. Great work.

[ParkTwain]

Hi ski,

I do my trading in an IRA account on E*Trade, so it's a cash account. No short positions at all. My "days in market" figure includes only market session days, not calendar days.

This year especially I focused on setups involving stocks making breakouts to all-time highs. I have a particular set of technical indicators and measures that I scan for almost every day in the market. My rules call for buying only after the breakout and within 5% of the pivot. I know that, in fact, I didn't achieve that in a majority of my trades. Last year, I had found that I had some success in identifying a combination of setup measures that anticipated these breakouts, but this year that approach didn't pan out with a regularity that I have come to prefer. Also, as my account grew during this year, I was able to take on positions of greater size, thus making it more acceptable to take a profit at a lower % gain, such as closer to 5%. Earlier I had been oriented to holding for a 10% to 15% gain per long position. Also, given that I use an IRA account, I am restricted to waiting for the closing of a position to clear before I can close another position that uses those proceeds.

Until late in 2005, E*Trade provided a chart that plots the history of my account balance. I could see that my balance showed a good rate of growth with relatively short durations of drawdown that rarely exceeded 10%. That suits my goals in this account, given that I can't watch the market from open to close every day.

About choosing a typical stop loss %, that is a function of the reliability of one's setup criteria combined with the inherent volatility of one's targets. By sticking to entry points at prices within a few % points above true support prices, the inherent volatility can be kept pretty low, such as my goal of an entry no more than 5% above a pivot price. Because I am buying only stocks making an all-time high, I don't have a "built-in" (such as from looking at upcoming resistance levels) max gain per position, so the return side of my risk/return target isn't hard and fast but rather is driven by a desire to be able to turn over the "inventory" of my account's funds within no more than about 10 market days.

But of course the tradeoff is, the higher you allow your stop loss % to be, to grow one's account then the higher the average gain that must be achieved per position per time period to offset it, and/or one must improve the win/lose ratio.

In my research, I had come to believe that my approach should lead to a kind of "one-way valve" phenomena (price tends to rise with a substantial built-in safeguard against downside risk), and given my account's low drawdown history, it has been borne out during 2005.

I have found that a breakout to an all-time high provides these characteristics. So I have learned to be more patient and wait these stocks out, even when they have taken a long trip up from a reversal. I have learned that it is the downside risk that is important and that a price move above an all-time high provides substantial risk protection. Yes, I am buying higher than some, but I get stronger downside protection and can exit after gaining that 5% to 10%. After gaining an all-time high, stocks very often increase the slope of their existing uptrend, allowing me to get that 5% to 10% gain faster that one would have expected from looking at the chart up to that point in time. I attribute this phenomenon to the absence of overhead resistance in the stock after the breakout.

[skiracer]

Park,
Sounds like a plan viable plan to me. If it is working, which it seems to be, for you an you're satisfied with the results that's all that matters. I know several people that adhere to the same type of philosophy regarding entering after a proven breakout to gleen 10% or so off the ensuing uptrend. My opinion is that any well thought out plan is 100% better than no plan or a half-baked plan. Knowing your parameters and staying within them for your investing needs takes self-control and not deceiving yourself into believing you can accompolish things that will put a strain on other areas in your life is something many people involved in trading can't do. That alone is a big accompolishment. Good luck.

[Gatorman]

Park:
I use a system somewhat similar to the one you outlined with a few differences. Mine uses an IRA account but I try to hold to a 15% gain although I am able to watch the stocks more closely than you are able to do so I can adjust more quickly if I see a reason to either exit the postion or add to my position. I solved the problem of having to settle one transaction before entering another by maintaining a 10% cash balance in the portfolio that allows me to enter a new position earlier. I find this cash balance to be the hardest to maintain because I have always liked to be 100% in stocks in each portfolio. I also have been known to exit at 10-12% gain if I am approaching earnings dates or other circumstances such as downgrades. Ski is right about the discipline aspect that he mentioned. Whatever the plan, discipline is the key to success but, at the same time, is very hard to follow in practice.

[ParkTwain]

Opened a position yesterday in DDD, maker of technology for delayed release of medication in the body. Stock is up today on announcement of deal with Wyeth, with more announcements of more deals expecting going into the new year. Check out the DDD board on Yahoo.

OXPS has perked up a little today, but yesterday was a disappointment on an up market day. Significant near-term appreciation expected going into New Year's, but might see some tax-related selling in January.

[ParkTwain]

Bot TWGP this morning on the breakout. Other open positions: OXPS, STGN, DDD.

[ParkTwain]

Amazing drama taking place on a daily basis with SFCC, as documented in the comments of the participants on the Yahoo board for SFCC. Indications of massive naked shorting, an "activist" (short selling-oriented) hedge fund CEO (Dan Loeb of Third Point in NYC) who verbally slams the company during a recent conference call, "expose" articles at Bloomberg.com. Like a slow-motion documentary playing right before your eyes. Among the forum's messages, look especially for those by *aldigit01*, who claims to have witnessed similar stock takedowns on OSTK and NFI.

[stocksensay]

Great commentary Park. Quick question, can you elaborate on what you mean by pivot price? How is that calculated/defined/determined? Thanks

Hi ski,

This year especially I focused on setups involving stocks making breakouts to all-time highs. I have a particular set of technical indicators and measures that I scan for almost every day in the market. My rules call for buying only after the breakout and within 5% of the pivot.

[ParkTwain]

For my approach, the "pivot" would be the highest price at which there is previous resistance (which for me, or you might say, by definition, must also be at or very near the stock's previous all-time high), as best as I can determine it. For my recent buy of TWGP, the pivot would be about 21.00/sh:

http://stockcharts.com/def/servlet/SC.web?c=TWGP,uu[h,a]daolyyay[dc][pb50!b200][vc60][iUb14!Ll14]&pref=G
(paste this entire URL into your browser URL field)

For TWGP, this previous high occurred only a few weeks ago. Very often for other stocks, that point could have been reached many months, or even several years, ago.

I made this pick to participate in this week's POTW but not after doing my complete round of chart research, so I don't consider this setup to have the strongest probability of success (5% to 10% gain) within a short timeframe (1 to 2 weeks) because the pps didn't spend more than 1 to 2 trading days at that previous all-time high. As for any area of resistance, when the pps has spent more time at or near that previous high, there is more bullish energy required in the market to get the price above that point later in the stock's life. That's why the breakout past that point can be so powerful and the subsequent rise more brisk. That would be the case for any breakout above established resistance. What I like about a breakout above an all-time high is that there is no further "friction" from sellers against the stock's rise after the breakout has occurred. This kind of breakout can result in a rise that can continue literally for months and with good downside safety because the previous resistance is now support.

Because of this approach, I won't get interested in even monitoring a new position until the pps has reached within about 3% to 5% of the stock's previous all-time high.

I use this URL to watch for new candidates at end of each trading day:

http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

Among these, I look for new watchlist candidates (I also keep a "disqualifieds" list) whose new high is also an all-time high. I can set price-based alerts on the stocks that I am watching, then let the market tell me which ones to buy as they "pop". For one of these new candidates to join my watchlist, there must also be corroborating evidence from the RSI and Wilder's DMI plots, which I run using stockcharts.com. I prefer a stock whose RSI is already uptrending for about the previous 30 calendar days but is currently around 60 to 70. That tells me that I have a robust-acting stock already but one that also has room to strengthen further. A more robust-acting stock has a better chance of breaking through that previously established resistance.

If I get low on new candidates, I can also use the Java-based stock screener at MSN Money to find stocks whose price is no more than x% lower than its 52-week high. That search parameter is very valuable to me and is not found on the other widely used stock screeners, AFAIK.

What's interesting is that there are always at least 2 dozen stocks for me to choose from, based on my preferred criteria. I am not giving up opportunities to trade from using more stringent entry criteria. At least that's been the case for the last 3 years or so. I expect that the mix of microcap, mid-cap, and large-cap stocks that get found using my criteria will change as the bull/bear market cycle changes. Of course, to the extent that these breakouts fail (fall back to the pivot support), I can get a sense of the strength of the broader market. Or sometimes it's just luck to be in the right one that really rockets up past its pivot. That happened a couple of times in 2005.

[Gatorman]

Park:
Your approach is not very different from one that I employ.
I infer from your commentary that you are able to use the MSN stock screener in such a way as to return candidates that have been at or near their 52 wk high for several days or am I reading it wrong?
As you indicated, the number of failed breakouts in weaker markets can be frustrating. I do,however, like your use of a 60-70 RSI. I have been concentrating in the 50-60 range trying to limit those I feel are approaching an overbought area. Perhaps I am missing some opportunities.

[ParkTwain]

Hi Gatorman,

No I don't use the MSN stock screener in the way that you mention. I use it primarily to find stocks whose current pps is no more than x% below their 52-week high price, and I usually set 'x' to 5%. In a strong overall market, there will be many candidates returned from a setting of 5%, so I might set it to 3% just to give me a more manageable list of stocks to consider for that iteration of my research. I also limit this query to stocks with >50K avg. daily volume, pps >$10.00/sh, and perhaps also beta >1.5.

Regarding the use of an RSI measure, I just edited my previous post slightly to say that I want to find a robust-acting stock (with RSI of 60 to 70 and trending higher) because these have a better chance of breaking through that established resistance at the previous all-time high while also indicating that the stock can strengthen even more (that is, with respect to that stock's own past behavior, which is what the RSI measures). As you have probably noticed from your chart readings, a stock can surpass and remain above RSI of 70 for a calendar month or longer, so I don't interpret that indicator so much as showing an "overbought" condition.

As a practical matter, a given stock's previous all-time high might not actually be the strongest resistance that had been established among the stock's most recent resistance levels. If the degree of resistance at the pivot is not actually all that strong, then making sure that the RSI is higher rather than lower might perhaps be less important.

Regarding your using an RSI of 50 to 60 as a screening criterion, that would result in your having probably more candidates to examine than I am usually seeing. But I feel that I am getting plenty of candidates each few days, many more than I can act upon.

Regarding how to discriminate how long the stock spent at its previous all-time high, I have to rely on the chart. For instance, here is a 6-mo chart for ANST, a stock that is included in this week's POTW list:

http://stockcharts.com/def/servlet/SC.web?c=ANST,uu[h,a]daolyyay[dc][pb50!b200][vc60][iUb14!Ll14]&pref=G
(paste this entire URL into the browser URL field)

Notice how long the pps has recently hovered at or just below the 35.50/sh price level. This would lead me to believe that the stock will have to accumulate a good bit of bullish energy to surpass this price level. But when it does, it should also make for a nice run up beyond it, but only if the RSI is trending higher and has reached a good level of strength such as around 70.

[ParkTwain]

50 Reasons why (futures) traders lose money:

http://www.zaner.com/education/top_50.asp

[ParkTwain]

After today's bullish market action that started at 2.00 pm, the DJI, Naz, and S&P500 are each within 1 to 2 days striking distance of 52-week highs. :) ROCK AND ROLL in 2006!

[Lyehopper]

After today's bullish market action that started at 2.00 pm, the DJI, Naz, and S&P500 are each within 1 to 2 days striking distance of 52-week highs. :) ROCK AND ROLL in 2006!
Hey Park.... The new guy (Dave) likes OXPS too dude.

[ParkTwain]

Very glad to see the publicity! ROCK AND ROLL! I've got a $20K position in OXPS. Been a sleepy stock during 2nd half of Dec., but I watch it like a hawk.

[Websman]

Park dude, after seeing how well you did in 2005, I'm going to be watching you close. Maybe you'll rub off on me some.

[ParkTwain]

Breakout happening in OXPS today! ROCK AND ROLL!

[ParkTwain]

OXPS 6-mo chart including BBands width plot:

http://stockcharts.com/def/servlet/SC.web?c=OXPS,uu[h,a]daolyyay[dc][pb50!b200][vc60][iUb14!Lyb20,2.0]&pref=G
(paste this entire URL into your browser URL field)

Notice how low the BB width line went before today's breakout.

Tell me you bought below 25.00, friends!

[Websman]

Breakout happening in OXPS today! ROCK AND ROLL!

great job! I need a pullback. lol

[ParkTwain]

TRLG and TRGL are each up more than 11% intraday today. "Fat finger" order entry at woirk?

[noshadyldy]

TRLG and TRGL are each up more than 11% intraday today. "Fat finger" order entry at woirk?

Ahahahahahhahaaaaa!

[ParkTwain]

TRLG and TRGL:

Correct answer: TRLG is breaking out today, so perhaps TRGL is the beneficiary.

[ParkTwain]

BRCM trades intraday above 50.00 today. Technicals strengthening all this week. Close today above 50.00 with followthrough tomorrow triggers buy. No points of serious overhead resistance for another 50 points of upside! This is not my preferred type of play, but that huge headroom gets my attention.

http://finance.yahoo.com/q/bc?s=BRCM&t=5y&l=on&z=m&q=l&c=

[RL]

Park no particular reason for picking GHM It was on the dart board. Also know the vice pres. James Lines one of the best people you will ever meet In your life. His father and I very good friends played a lot of golf together.

[ParkTwain]

S&P 500, Nasdaq, Russell 2000 all making new 52-week highs today so far.

[ParkTwain]

+4% followthrough today in BRCM. Good stuff.

[ParkTwain]

MOT
Expecting bullish behavior in near term. Nearing 52-wk high of 23.99.

BRCM
Acting strong again today.

OXPS
Fine bullish action this morning, another intraday 52-wk high.

DDD
Renewed strength indicates a near-term bottom was put in last week.

BTJ
Remarkable continued bullish strength today.

[ParkTwain]

Took profits in 1/2 of my OXPS position at >25% gain. Added to long position in DDD. Closed TWGP with 2% loss. Trading portfolio up 9.8% for 2006 YTD.

[ParkTwain]

There is an embarrassment of riches in all-time high (ATH) breakouts to choose from after today's market session. It required about 2 hours of my time to derive this list of trade candidates. I would say that almost every one of these is a good candidate for opening a near-term long position.

This long list of candidates is an example of why, in a bull market, I feel there is no reason for me to position-trade anything other than breakouts beyond a previous ATH price per share. Restrict myself to no more than 10% above the previous ATH resis price, so I can set a max 10% stop loss. Looking for at least 10% gain per long position over the subsequent 10 to 15 trading days, but a hold scenario that provides up to 20% gain would be considered. Would prefer an entry that requires closer to a 5% stop loss.

I would usually perform this research using 1 to 2 weeks of daily new 52-week highs lists.

Results below are presented ordered by PPS price range. I would prefer candidates with PPS under $30/sh. Actual selection of a candidate to trade depends on the likelihood of the strength of the ensuing breakout run, based on (a) examining several corroborating technical indicators, (b) length of time between previous ATH resistance and the present, and (c) span of time the PPS previously spent at or near the previous ATH resis point.

It's also interesting to see several golden oldie tech stocks (BRCM, QCOM, RHAT, THQI, YHOO) from year 2000 in this list. Tech stocks LRCX and VCLK just missed inclusion (see criteria below). GHL is another good-looking stock that didn't make this cut. GFX would be a candidate but has low avg daily volume. ORCC was also a near-miss.

From my research tonight:


All-Time High (ATH) Breakout Candidates List
(taken from Jan 9, 2006 new highs list)

* Increasing fwd e.p.s. (Yahoo data)

* 3 mo. avg. daily volume >50K sh (Yahoo data), SOME EXCEPTIONS

* RSI > 65 and already uptrending for at least prev 1 calendar month

* Price per share (PPS) @ all-time high but no more than 10% over prev all-time high resis
-or-
PPS within 5% under prev all-time high resis (imminent ATH brkout)
-or-
PPS brkout beyond recent resis but next resis is >$20.00/sh higher

* Prev ATH resis occurred at least 2 mos ago

* No REITs, buyout targets, ADRs and foreign, banks, funds, ETFs, mining and gold related



>>$0.00 to $9.99/sh
ACTG (imminent ATH brkout),
ANX (brkout today, ATH 5 yr ago on very low vol),
GIGM (brkout today, high headroom),
HOMS (imminent brkout, high headroom),
MBRX (LOW VOL EXCEPTION, imminent ATH brkout, strong ChMF),
UCTT (imminent ATH brkout, LOW VOL except recently),
YMI (ATH brkout today)


>>$10.00 to $19.99/sh
ALY (brkout 01/06/05, ATH >6 yr ago on very low vol),
BKRS (w/in 10% over prev ATH resis),
CLZR (imminent ATH brkout),
ENG (ATH brkout today),
HMT (imminent ATH brkout),
PDFS (w/in 5% under 4-yr and all-time high),
RMIX (imminent ATH brkout),
TRAD (ATH brkout today)


>>$20.00 to $29.99/sh
AGYS (imminent ATH brkout),
GNTX (w/in 5% under ATH),
RHAT (imminent brkout, high headroom),
TEN (recent brkout, high headroom),
THOR (imminent brkout, ATH 9 yr ago on very low vol),
THQI (imminent ATH brkout),
TRID (ATH brkout today),
WIRE (ATH brkout today),
WW (ATH brkout today)


>>$30.00 to $39.99/sh
AOS (w/in 10% over prev ATH resis),
DAKT (w/in 10% over prev ATH resis),
HLF (w/in 10% over prev ATH resis),
SIRF (w/in 10% over prev ATH resis),
SNA (w/in 10% over prev ATH resis),
SPSS (imminent ATH brkout)


>>$40.00 to $49.99/sh
APH (w/in 10% over prev ATH resis),
CAM (w/in 10% over prev ATH resis),
EYE (imminent ATH brkout),
FCL (w/in 10% over prev ATH resis),
QCOM (recent brkout, high headroom),
VTS (imminent brkout, high headroom),
WM (imminent ATH brkout),
YHOO (recent brkout, high headroom)


>>$50.00 to $59.99/sh
BRCM (recent brkout, high headroom),
GSF (ATH brkout today)


>>$60.00 to $69.99/sh
BDX (w/in 10% over prev ATH resis),
LMT (w/in 5% under ATH),
NOC (w/in 5% under ATH)

[RL]

Park, don't know how you did all this work In 2hrs. going to try to play your results.

[ParkTwain]

Ray, I use a particular page for the day's new 52-wk highs list.

http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

Notice on this page at the upper right that there is a link "FlipCharts". This opens a small, separate window in which you can click "Next" to see a stripped-down 1-year chart for each stock found on the page. I can use the FlipCharts to quickly identify which charts indicate the more interesting potential setups. For each of these I then open the Yahoo "max" timeframe chart to determine whether a given new high also is, or is near, the all-time high PPS. Then for the stocks who remain candidates I check the RSI and other qualifying technicals using stockcharts.com.

[RL]

Hay PARK thanks for the Info. Do you subscribe to bar charts?

[ParkTwain]

"Do you subscribe to bar charts?"

No. All my research is based on publicly available free information.

[RL]

Park,Your my kinda guy. At one time I did subscribe to different [stock grues?] without much success. The only one that made me some money was The Speer report. I would listen to the people on this forum before ever using any paid for sights. I would take Spikes advice plus all the other posters and now we have Dave,robbb, and Jim I would name more but I might miss someone how can you get more Info than we get here. I would just like someone to tell me when and what to buy and when to sell so that way I could enjoy a couple more beers and not worry about throwing my dart.

[Websman]

Park,Your my kinda guy. At one time I did subscribe to different [stock grues?] without much success. The only one that made me some money was The Speer report. I would listen to the people on this forum before ever using any paid for sights. I would take Spikes advice plus all the other posters and now we have Dave,robbb, and Jim I would name more but I might miss someone how can you get more Info than we get here. I would just like someone to tell me when and what to buy and when to sell so that way I could enjoy a couple more beers and not worry about throwing my dart.

RL, if I may, I would like to recommend Poormans service to you. I've done very well with his picks and strategies. His model was up around 34% last year. I found VPHM and a few other big winners through him.

In my personal opinion, it's well worth the $25 per month.
Here's a link - www.poormans.com (http://www.poormans.com/)

[ParkTwain]

Years ago I subscribed for about 12 months to (now deceased) Al Frank's "Prudent Speculator" newsletter, which I can recommend as basically sound. They publish a recommended portfolio and also run a fund (maybe more than one) that reflects the newsletter's published picks.

http://www.prudentspeculator.com/

[billyjoe]

Ray,
Poormans has about the best reputation I've seen in the business.

billyjoe

[ParkTwain]

I wonder what Poorman's means by an "interesting chart." His samples don't define the term.

[Websman]

I wonder what Poorman's means by an "interesting chart." His samples don't define the term.

I'm not sure, but I really like his level headed approach to investing.

[ParkTwain]

My investing book of the week: "The Battle for Investment Survival" (3rd ed., 1957) by G. M. Loeb, which I purchased in hardcover for $1.00 at my local library. Was originally published in 1935. Lots of nuggets in this book. He doesn't believe in diversification for an individual's account. He is also of a contrarian mind. For example:

"Except in cases of panic or near panic prices, the fact that a stock is widely held by investment trusts is not a good reason for buying, as such stocks are generally of the high-grade kind difficult to buy cheap. Since the aim is rather to buy an issue which is unpopular, the hope is, on the contrary, that while the investment companies do not hold much or any now, they will later, at a higher price, become interested and add it to their portfolios. The distinction of being the stock most frequently listed in published institutional holdings simply means not only that the price is probably high rather than low but also that there is a large number of potential sellers should the situation take a turn for the worse."

This week I ordered my copy of Stock Trader's Almanac for 2006.

[IIC]

Bruce uses a Modified CANSLIM approach...it is well suited to Intermediate Term Investors who do not want to take or don't have the time to constantly watch everything...And still make a decent ROI which should consistently beat the markets.

I don't subscribe...but I am very familiar with his methods...I'd rate his site a very good value...Plus he is a very nice guy...Doug

[ParkTwain]

Building on my posted research from a couple of day ago ...

Going into tomorrow, best bets among those stocks researched: AGYS, WIRE, QCOM. Leaning toward QCOM right now (night before) due to recently rising daily volumes and strengthening momentum indicators, unlike the other two. Hoping it acts like BRCM did so far this week.

Other alerts set, to prepare for new positions:

- Alerts high (trigger on new ATH breakout): CLZR, PDFS, RMIX, GNTX, SNA, SPSS, LMT, NOC

- Alerts low (trigger on bounce down to prev ATH, after recent fade from recent new ATH breakout): AOS, HLF, SIRF, APH


Next best runnersup: ACTG, THOR, EYE, BDX, DAKT, RHAT, THQI

[ParkTwain]

After finding links to archived columns by Gary B. Smith (until recently a columnist at TheStreet.com), I was surprised to read that he is a breakouts-only trader who based much of his practice on ideas similar to mine. (Trading breakouts means that you believe in market "inertia" that lasts more than a few minutes or couple of days.) He recently resigned his gig at TheStreet.com; don't know what his next step is. I had never subscribed to TheStreet.com.

Because he will trade long or short and doesn't restrict himself to all-time highs (my preference) or lows, he must use some technique for finding basing behavior (30 to 60 days long, usually) that he considers a setup to a breakout, either upward or downward. (Would he be scanning for a near-term volatility figure, or perhaps Bollinger Band width, that is less than some threshold? I haven't found the answer yet.) He also prefers to take a 10% profit per position and to limit the time-in-market for each trade. He sees his trading bankroll as "inventory" that he wants to turn over as quickly as possible. As Van K. Tharp teaches ("Trade Your Way to Financial Freedom"), your trading profits are a function of your win/loss rate, your profit/loss margin, and your number of trading opportunities per time period.

These columns date from 1998 and later, so today he may trade using newer criteria.

"How to Read GBS: A Primer" dated May 3, 1999 (TheStreet.com)
http://www.thestreet.com/comment/techtake/742048.html

I found there to be a lot of good, practical stuff in these columns. They describe an approach to trading that isn't all that TA-intensive to work with and therefore tends toward the "low maintenance" end of the trading styles spectrum.

[billyjoe]

Park,
I was a member of "the street" I think when it was free. Also paid for a year or so. Cramer soured me on them . Always thought there were some good guys over there, but didn't hang around long enough to figure out who. I'm sure Cramer has some valuable info. , but sorting it out from the garbage proved impossible for me.

billyjoe

[ParkTwain]

Bought 300 sh QCOM this morning. Looking for significant near-term upside.

Other open positions: OXPS, DDD.

Trading account 2006 YTD: +10.4%

[ParkTwain]

QCOM - nice intraday ascending triangle setting up ...

[ParkTwain]

If you're an oil and gas sector believer, you could do a lot worse than GSF these days. ATH being made recently.

[JMS]

Park,

Does Adobe fit your criteria? It looks like it is ready break out to an ATH.

[ParkTwain]

Hi there,

Yahoo's "max" chart for ADBE shows the ATH occurring in late year 2000, but I can't tell very specifically what that high was. I can use stockchart.com's beta charting tool to view a specific range of data. (Their regular site with free access goes back only 3 years of data.)

http://stockcharts.com/h-sc/ui

Using a 2000 to 2003 timeframe, I can see that the high was actually a double top that occurred in Oct and Nov 1999 at 42.50. Today's close for ADBE is 39.50.

http://stockcharts.com/def/servlet/SC.web?c=ADBE,uu[h,a]daolyyay[dd][pb50!b200][vc60][iUb14!Ll14]&pref=G
(paste this entire URL into your browser's URL field)

As of today, in addition to noticing an uptrending RSI that is between 65 and 70 (perfect!), the few momentum-oriented technical indicators that I watch via stockcharts.com (acc/distr., Chaikin Money Flow, and Wilder ADX) are right now corroborating a nice setup situation for this stock. The breaching of the ATH on the upside will be the culmination of the setup. I prefer for the RSI to be below 70 if possible when the pps is just reaching (that is, a % or two below) the ATH pps. But that preference isn't necessary for me to act.

If you trade using an online broker (you should), use their facilities to set a price alert for ADBE at 92% to 95% of that previous ATH. When that alert triggers, if the same momentum technicals still look favorable at that time, you can (1) go long at around 5% below the previous ATH, or (2) begin watching it and its momentum technicals further while also seting a new alert at 101% of the previous ATH so that you are alerted for the actual ATH breakout.

NOTE: A stock that is strengthening right now like ADBE is can "pop" above that previous ATH at any time (on high volume, preferably), especially after it has drawn within 5% or so of that point. So you might prefer to start watching these kinds of candidates at a pps of 90% or so of the previous ATH instead of my usual 95%.

If the overall market, including (for the case of ADBE) the market for large-cap tech stocks, is acting strong when the first alert (95% of the previous ATH) triggers, it might be OK to open a partial long position in ADBE. However, you must also keep watching the stock for whether it fails (over the course of a timeframe that you must decide on and be comfortable with) to breakout. After the alert on the actual ATH breakout triggers, you can add to your position.

In a market environment when you feel you have a reason to be more conservative about adding a new long position (even for ATH breakouts), you should certainly wait to buy until AFTER the ATH breakout has occurred, BUT make sure that you make the buy within 105% of that previous ATH price.

After the breakout has happened and after only a few % of gain, for some stocks there is a retracement to (or near) the previous point (or a nearby range) of the previous ATH resistance. You want to be watching to ensure that, after your buy, this point starts serving as actual SUPPORT for your position. If it does not, then you must exit the position. Don't accept more than a 7% or so (that is, be aware of the stock's recent volatility) loss in the total position, including the buy after the ATH breakout. By being a little more aggressive and buying a partial position at a price under the ATH, you are giving yourself a little more wiggle room as to what your stop loss point (whether mental or actually placed as an order) should be.

However, I have found that for stocks with these setup characteristics, the number that fall back quickly after the ATH breakout is relatively low. That's the "setup formula" that I've been looking for all these years.

[JMS]

Park,

Wow!! I wasn't expecting such a comprehensive answer to my question.

Thanks alot.

I will be watching ADBE closely and will set some alerts in my Ameritrade account.

[ParkTwain]

OXPS popping up again, new 52-wk and all-time high.

[ParkTwain]

New ATH breakout candidates list for a long position based on 1/13/06 new highs list:

ANX, AXE
BRY
CWEI
HYDL
KEYS
MYE
STXS
XTXI
WHQ

Most of these are oil exploration or oil services companies.

[IIC]

What's this world coming to??? First 2 of the stocks on my checkout list this morn DRQ and QSII show up on Steck's lists...Then ADBE shows up on PT's list...Whoa...Am I getting good...Or are they????...LOL

[ParkTwain]

Was checking out the "Tag and Bag" pages at Clearstation.com. Under the "Oil and Gas Operations" industry, out of the top 59 stocks listed (sorted by RS), only 13 stocks are more than 10% below their respective 52-wk highs (and several of those 13 aren't significant because they are thinly traded). This whole sector is obviously about to skyrocket again due to international tensions over Iran.

http://clearstation.etrade.com/cgi-bin/Itechnicals?TB=1&Industry=71&IndustryName=Oil%2b%26%2bGas%2bOperations&Ordering=RSRATE&SortDir=-1&hidepenny=TRUE

[IIC]

Was checking out the "Tag and Bag" pages at Clearstation.com. Under the "Oil and Gas Operations" industry, out of the top 59 stocks listed (sorted by RS), only 13 stocks are more than 10% below their respective 52-wk highs. This whole sector is obviously about to skyrocket again due to international tensions over Iran.

http://clearstation.etrade.com/cgi-bin/Itechnicals?TB=1&Industry=71&IndustryName=Oil%2b%26%2bGas%2bOperations&Ordering=RSRATE&SortDir=-1&hidepenny=TRUE

I don't know about the tensions...But looking at the charts...I believe you are right...Doug

[ParkTwain]

New to my bookshelf this week:

Stock Trader's Almanac 2006
Complete Guide to Market Breadth Indicators, by Gregory L. Morris
The Professional Commodity Trader, by Stanley Kroll
Ten Years in Wall Street, by Wm. Worthington Fowler (1870)
Street Smarts (High Probability Short Term Trading Strategies), by Connors and Raschke

Currently reading:

Market Wizards, by Jack Schwager (GREAT STUFF)
Battle for Investment Survival, by G.M. Loeb (1957)

I just finished Schwager's chapter (interview) with Larry Hite. Check out these quotes:

"I have noticed that everyone who has ever told me that the markets are efficient is poor."

"What makes this business so fabulous is that, while you may not know what will happen tomorrow, you can have a very good idea what will happen over the long run."

"The truth is that, while you can't quantify reward, you can quantify risk."

"I don't trade for excitement, I trade to win."

"If you do not manage the risk, eventually they will carry you out."

"If you argue with the market, you will lose."

"Most people think that a losing trade was a bad bet. You can lose money even on a good bet. If the odds on a bet are 50/50 and the payoff is $2 versus a $1 risk, that is a good bet even if you lose."

(in response to a question about backtesting trading methods) "It is incredible how rich you can get by not being perfect. We are not looking for the optimum method; we are looking for the hardiest method."

"In trading, you can define three categories of players: the trade, the floor, and the speculator. The trade has the best product knowledge and the best ways of getting out of positions. For example, if they are caught in a bad position in the futures market, they can offset their risk in the cash market. The floor has the advantage of speed. You can never be faster than the floor. While the speculator doesn't have the product knowledge or the speed, he does have the advantage of not having to play. The speculator can choose to only bet when the odds are in his favor. That is an important positional advantage."

[ParkTwain]

In Schwager's Market Wizards, here are some great quotes from Paul Tudor Jones:

"When you are trading size, you have to get out when the market lets you out, not when you want to get out."

"When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion."

"One of the things that Tullis (famous cotton market trader, New Orleans) taught me was the importance of time. When I trade, I don't just use a price stop, I also use a time stop. If I think a market should break, and it doesn't, I will often get out even if I am not losing any money."

[ParkTwain]

In Schwager's Market Wizards, here are some quotes from Bruce Kovner (currency trader):

"The first rule of trading--there are probably many first rules--is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand."

"Tight congestions in which a breakout occurs for reasons that nobody understands are usually good risk/reward trades. ... If everybody believes there is no reason for corn to break out, and it suddenly does, the chances that there is an important underlying cause are much greater."

"The more a price pattern is observed by speculators, the more prone you are to have false signals. The more a market is the product of nonspeculative activity, the greater the significance of technical breakouts. ... The general rule is: The less observed, the better the trade."

"The position size on a trade is determined by the stop, and the stop is determined on a technical basis."

[ParkTwain]

In today's news re: Iran:

//
"The Iranian nuclear issue is driving the market. Traders are short-covering because they know if something happens in Iran the market would be in confusion," said Tetsu Emori, chief commodities strategist at Mitsui Bussan Futures in Tokyo. "The issue poses a threat of supply disruption in a major oil-producing country."

Russia and China on Monday joined the U.S. and its European allies in demanding that Iran fully abandon its nuclear program. The powers called for an emergency board meeting of the International Atomic Energy Agency on Feb. 2-3 to discuss the issue.
//

Turmoil manifest in spot oil prices could continue thorugh Feb. 2-3. Fasten your seat belts!

[ParkTwain]

Buying some ANX this morning.

[grebnet]

Can I ask why you are buying ANX ?? Thanks

[ParkTwain]

The chart. Recent breakout above 4.00/sh, but retracement yesterday and today. Tried to get the dip this morning, which would price it within 5% above that pivot. Early morning dip was quickly recovered (candlestick "hammer" I believe it's called), indicating strength, probable end of dip. I had identified this one several days ago in a previous post. All-time high (about 5.00/sh) was made very early in the stock's life (Jan 2001) and on low volume.

[ParkTwain]

DDD continues to power ahead in a down market.

My present long positions: OXPS, DDD, QCOM, ANX. Trading account up 13.0% YTD 2006.

[ParkTwain]

Sold OXPS Fri. morning for close to a 20% gain. Checked in later in the day and was shocked to see how it had dropped. I sold after watching it struggle while approaching 30.00/sh. OXPS earnings annoucement is out 01/26.

Sold ANX Fri. morning at a 2% loss.

My present long positions: QCOM, DDD. Trading account up 12.7% YTD 2006.

[ParkTwain]

Generally useful, 4-page article about looking for and trading a breakout from a trading range:

http://www.trade2win.com/knowledge/articles/general_articles/range-breakouts-and-trading-tactics/

This article somewhat reiterates what I had posted earlier on this thread regarding watching a breakout for a regression back to, or below, the top of the establishing range (or previous resistance point). A reasonable approach is to establish perhaps one-half of your intended total position at the time of the breakout, then watch for any any retracement to the previous resistance point (which should eventually serve as support after the breakout occurs), then when the breakout trend is confirmed, follow through by entering the remainder of your intended total position.

As I have posted before, I believe you can anticipate with good accuracy when there is a better than even chance for a breakout to occur, by observing (1) a preceding upward trending in the stock's RSI plot before the pps reaches the pivot, and (2) a strongly diverging +DI and -DI plots in the Wilder DMX plot (see stockcharts.com).

[ParkTwain]

Bought small position this morning in RMIX. Good action today. All-time high and then some.

At end of session today, my trading account is up 15.7% YTD 2006. This includes an open position with >33% gain in DDD.

Also, the market liked OXPS's earnings news this morning. New ATH breakout on great volume.

[IIC]

Bought small position this morning in RMIX. Good action today. All-time high and then some.

At end of session today, my trading account is up 15.7% YTD 2006. This includes an open position with >33% gain in DDD.

Also, the market liked OXPS's earnings news this morning. New ATH breakout on great volume.

DDD...your pick of the year...nice...Doug(IIC)

[ParkTwain]

OH MAN! Look at BRCM tonight after hours!!!!!! OWWW, no position! OWWWW!

[ParkTwain]

All-time high watch: EYE and HMT

[ParkTwain]

I am considering attending this course here in Las Vegas given by Bright Trading's founders Bob and Don Bright.

http://www.stocktrading.com/training.html

Previously I have taken a free "Intro to Professional Stock Trading" that the Bright brothers offer through Community College of Southern Nevada. These guys are very savvy and experienced traders. They formed their own company to offer proprietary trading facilities here in Vegas and in many cities across the country.

For more about Bright Trading:

http://www.stocktrading.com/

[DSteckler]

I've been told by professionals in the biz (hedge fund managers, etc.) who know Don Bright that you'd be wasting your money. Don't know any of the details, however. I believe the idea is to get you to trade through his firm.

[ParkTwain]

Yes, I'm aware that both the night course and the 3-day are means to draw in new traders. I haven't bitten that apple and don't intend to. They are mostly into "pair trading" these days, something that has been common practice on the Street for 10 years. And Don Bright is not exactly the brains of that organization.

[Gatorman]

All-time high watch: EYE and HMT
HMT is very intriquing indeed and seems to be right in the mold of stocks you prefer. EYE, however, with an RS of 83 seems out of character for you.
I might pounce on HMT Monday myself.

[ParkTwain]

Well Gator, I would say you have to look at how old is the old high resistance point and how many times previously did the stock try to attack it and fail. You might need a higher RS to surpass that old high in some circumstances.

Second, Gator, also look at LMT's chart right now. And LMT has news as of today regarding a new $2B contract for military satellites.

Third, I haven't done my full complement of research for my next round of positions. Due to Friday's very long list of new 52-wk highs, more than the typical amount of time will be required to get that research caught up to date. And I expect to find many more candidates than were showing up late last year.

Fourth, I think the market is moving into a position that reflects the expectation of no further Fed rate increases as of some point in the near future.

Fifth, I see this as a real good time to be in the market. Look at Yahoo Finance's "Advances and Declines" page (http://finance.yahoo.com/advances) and you see that in Friday's session there were a total *893* new 52-wk highs and only *74* new 52-wk lows among the NYSE, AMEX, and NASDAQ listed issues. That's a greater than 10-to-1 ratio. Wonder why we don't hear that kind of information on CNBC.

[ParkTwain]

I was just doing a quick Google on "new highs to new lows" and luckily found this blog entry for January 23, 2006:
http://www.thinkequity.com/mt-archive/market_view/index.html

//
While we know that we won’t find the winners of tomorrow by reviewing the winners of the past, we think it’s instructive to analyze the characteristics of the top performing companies so to learn what to look for in identifying the “Stars of Tomorrow.”

To identify the All-Stars in the stock market, we evaluated over 10,000 companies to find which were the 25 top performing stocks from 1995 to 2005 on a total return basis. ... <table here> http://www.thinkequity.com/images-blog/012306-2.gif

In order to place our convictions in perspective, we conducted a study of the top performing companies over the past ten years, analyzing the company characteristics to highlight where growth companies come from and how they create value for shareholders. Notably, many of these companies exemplify the Megatrends that prevailed during the study period – a fact that we see as being far from coincidental.

In our study covering the best performing stocks of the past ten years, the average top-25 performing company had an initial market cap of $199 million in 1995; grew earnings 27% annually and experienced annual P/E multiple expansion of 6% - to yield annual price appreciation of 33% through 2005. At the end of the ten years, the average market capitalization of those same twenty-five companies had grown to $4.2 billion!

As this concise study highlights, profits are fundamental to a growth stock’s longer-term performance, and with a significant portion of the performance being contributed by P/E multiple expansion – despite relatively “high” multiples at the outset – there is a clear premium the market affords to companies that are able to consistently capitalize on their market’s rapid growth.

This “premium” of P/E multiple expansion that arises is what we believe differentiates a growth company from a growth stock, i.e., a premium company earns a premium valuation. By comparison, companies that rely upon the broader economy to help then achieve long-term growth will find it far more difficult to achieve a premium valuation in the absence of a strengthening economy, decelerating inflation and rising consumer and business sentiment.

Just to make sure that this 10 year period wasn’t a fluke, we went back to the 1985-1995 period to see which 25 stocks were top performers, and what were the characteristics.

Lo and behold, the median market cap for the top performing companies from 1985-1995 was even lower, $134 million. The median P/E was 17.6x and the average earnings growth was 31%. The class of ’95 had average CAGR of 32%. ... <table here> http://www.thinkequity.com/images-blog/012306-4.gif

After considering the profiles of the top-performing companies, it should be apparent that long-term stock performance is principally determined by earnings growth, not initial valuation, while the prevailing valuation is the result of proven operating success. The conclusion is that investors seeking to identify the top performing companies on these lists in the future should not focus on “bargain” stocks or even “momentum” ideas, but rather identify growth companies, competing in large addressable markets, that possess dynamic long-term growth potential. ...

Conclusion: 1) Focus on earnings growth – not the bargain basement. 2) Focus on small-cap stocks – size forges an anchor to earnings growth!
//

[DSteckler]

<< 2) Focus on small-cap stocks – size forges an anchor to earnings growth! >>

FWIW, many newsletter services are saying that large-caps should outperform this year. Personally I'm not so sure they're correct.

[Gatorman]

<< 2) Focus on small-cap stocks – size forges an anchor to earnings growth! >>

FWIW, many newsletter services are saying that large-caps should outperform this year. Personally I'm not so sure they're correct.
As memory serves, the so-called experts have been saying for the past 3 years that Large Caps would be taking over the market lead from Small Caps.
As Martin Pring says: " a trend is a trend until it isn't."
I'll stay with Small Caps for awhile.

[Gatorman]

Park:
I can appreciate your dilemma in sorting through candidates. My screens have returned many candidates as well and it's going to take me a long time to research them all. However, I much prefer that to not having many to look at.
I agree with your take on the expectations from the FOMC action and that now is the time to be nearly fully invested in the market.
LMT broke out on very good volume and then had an expected retracement. It looks like a great choice.
We could be heading toward a good year for us all.

[IIC]

Park...I don't think anyone really needs to do a study to know that Earnings are the key to long term growth...But it is interesting. Also have to watch out trying to compare capitalization due to the time value of money.

Anyway, speaking of New Highs/New Lows here are charts on the NYSE and Naz Ratios...As of post time they do not include Friday...But since I'm snagging them off the Web...They will automatically update right here later today.

http://tal.marketgauge.com/dvmgpro/charts/CNYHILO.GIF

http://tal.marketgauge.com/dvmgpro/charts/COCHILO.GIF

[ParkTwain]

Anyone here read the stock market books published in the early 1970s by the former actor Richard Ney? Here are some of his ideas about the behavior of NYSE specialists, paraphrased:
http://w3.trib.com/~fredj/ney.html

I googled "Richard Ney market" after reading this series of posts (in mangled English) on Yahoo's OXPS stock board:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=1609535817&tid=oxps&sid=1609535817&mid=3702

[ParkTwain]

Also have to watch out trying to compare capitalization due to the time value of money.

What? The 3000% avg gain in market cap of those 25 stocks during the 10-year period doesn't get your attention? I suspect that gain left in the dust the inflation rate over the same period. Or are you saying that the results must be compared against the cumulative "risk-free" rate of return that was available during the same period? Yes, that's true.

[IIC]

What? The 3000% avg gain in market cap of those 25 stocks during the 10-year period doesn't get your attention? I suspect that gain left in the dust the inflation rate over the same period. Or are you saying that the results must be compared against the cumulative "risk-free" rate of return that was available during the same period? Yes, that's true.

Yes...that's what I'm saying...At least I think I am...Doug(IIC)

[skiracer]

Anyone here read the stock market books published in the early 1970s by the former actor Richard Ney? Here are some of his ideas about the behavior of NYSE specialists, paraphrased:
http://w3.trib.com/~fredj/ney.html

I googled "Richard Ney market" after reading this series of posts (in mangled English) on Yahoo's OXPS stock board:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=1609535817&tid=oxps&sid=1609535817&mid=3702

Good reading Park. I added the Bender to my favorites list and will visit there regularly to see what he has to say.

[RL]

WOW PARK great post that will keep me busy tonight.

[ParkTwain]

Today I ordered copies REAL CHEAP (like $2.50 per book) of Ney's first two books at alibris.com. I think they are hardcovers. Beats amazon.com to hell. The shipping cost more than the book!

Recently I also found in my local library for $1.00 a donated perfect 1st ed. copy of Lowenstein's "Buffett: The Making of an American Capitalist." This edition of the book is offered for about $50.00 at alibris.com.
http://www.alibris.com/search/search.cfm?chunk=25&mtype=&wauth=lowenstein&wtit=buffett&qwork=838860&S=R&matches=84&browse=1&qsort=p&page=4

[New-born baby]

Park,
Been reading your stuff. I am beginning to like you. A lot. :D

[ParkTwain]

Did you guys ever notice the ROE for OXPS, then also notice the ZERO DEBT.

http://finance.yahoo.com/q/ks?s=OXPS

For most public corporations, but not for OXPS, very high ROE is a function of decent profits yoked to a high debt-to-equity ratio.

[ParkTwain]

Sold two-thirds of my DDD position (the remaining shares held represent roughly my profit to date in the entire position), bought a little more RMIX. Almost bought some ANX, but will watch it for now.

[diogenes]

Park,
Been reading your stuff. I am beginning to like you. A lot. :D

I agree.

His plan seems to be well thought out etc.

[ParkTwain]

Thought for the day:
http://www.amazon.com/gp/reader/0967155312/ref=sib_dp_pt/102-7189256-4055321#reader-link

[IIC]

Thought for the day:
http://www.amazon.com/gp/reader/0967155312/ref=sib_dp_pt/102-7189256-4055321#reader-link

My kinda book...Doug(IIC)

[ParkTwain]

End of today's session, my trading account is up 19.5% YTD 2006. A good 1-month return for a mere position trader. :)

[IIC]

End of today's session, my trading account is up 19.5% YTD 2006. A good 1-month return for a mere position trader. :)

The month is not over Park...Doug

[ParkTwain]

how do you know whether I am still invested? :)

[IIC]

how do you know whether I am still invested? :)

I'm so sure that you are not 100% in cash that I will bet Lyehopper's life on it.

BTW...Great call on DDD...Doug

[ParkTwain]

RMIX pops up this morning after last night's news of a secondary offering. :) On Jan 23 the company had also raised 2006 earnings guidance.

Update: Sold my entire position for a quick 10% gain. Probably too soon but the timing was very attractive.

[ParkTwain]

Richard Donchian's trading rules
http://www.seykota.com/tribe/Resources/Donchian/index.htm

//
Richard Donchian graduates from Yale with a BA in economics and begins his Wall Street career in 1930. From 1933-1935 he writes a technical market letter for Hemphill, Noyes & Co. For several years thereafter, he publishes a stock market service, "Security Pilot," and sells it to brokerage houses. During WW II he serves as an Air Force statistical control officer with a group they call the "Whiz Kids." For two years after the war, he acts as economic trend analyst and market letter writer for Shearson Hamill & Co. Quotes from his "Market Outlook" letters appear in the Wall Street Journal and other financial publications. He joins Hayden, Stone in 1960 and becomes VP and Director of Commodity Research. He writes numerous articles including "Trend Following Methods in Commodity Price Analysis." He publishes a weekly "Commodity Trend Timing" letter, based on his 5-20 moving average method and achieves a circulation of over 10.000.

Donchian's 20 Trading Guides (First publication: 1934)

General Guides:

1. Beware of acting immediately on a widespread public opinion. Even if correct, it will usually delay the move.

2. From a period of dullness and inactivity, watch for and prepare to follow a move in the direction in which volume increases.

3. Limit losses and ride profits, irrespective of all other rules.

4. Light commitments are advisable when market position is not certain. Clearly defined moves are signaled frequently enough to make life interesting and concentration on these moves will prevent unprofitable whip-sawing.

5. Seldom take a position in the direction of an immediately preceding three-day move. Wait for a one-day reversal.

6. Judicious use of stop orders is a valuable aid to profitable trading. Stops may be used to protect profits, to limit losses, and from certain formations such as triangular foci to take positions. Stop orders are apt to be more valuable and less treacherous if used in proper relation the the chart formation.

7. In a market in which upswings are likely to equal or exceed downswings, heavier position should be taken for the upswings for percentage reasons - a decline from 50 to 25 will net only 50% profit, whereas an advance from 25 to 50 will net 100%

8. In taking a position, price orders are allowable. In closing a position, use market orders."

9. Buy strong-acting, strong-background commodities and sell weak ones, subject to all other rules.

10. Moves in which rails lead or participate strongly are usually more worth following than moves in which rails lag.

11. A study of the capitalization of a company, the degree of activity of an issue, and whether an issue is a lethargic truck horse or a spirited race horse is fully as important as a study of statistical reports.

Technical Guides:

1. A move followed by a sideways range often precedes another move of almost equal extent in the same direction as the original move. Generally, when the second move from the sideways range has run its course, a counter move approaching the sideways range may be expected.

2. Reversal or resistance to a move is likely to be encountered.

0n reaching levels at which in the past, the commodity has fluctuated for a considerable length of time within a narrow range

On approaching highs or lows

3. Watch for good buying or selling opportunities when trend lines are approached, especially on medium or dull volume. Be sure such a line has not been hugged or hit too frequently.

4. Watch for "crawling along" or repeated bumping of minor or major trend lines and prepare to see such trend lines broken.

5. Breaking of minor trend lines counter to the major trend gives most other important position taking signals. Positions can be taken or reversed on stop at such places.

6. Triangles of ether slope may mean either accumulation or distribution depending on other considerations although triangles are usually broken on the flat side.

7. Watch for volume climax, especially after a long move.

8. Don't count on gaps being closed unless you can distinguish between breakaway gaps, normal gaps and exhaustion gaps.

9. During a move, take or increase positions in the direction of the move at the market the morning following any one-day reversal, however slight the reversal may be, especially if volume declines on the reversal.
//

[ParkTwain]

Trader's own trading rules:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7084524&tid=vlo&sid=7084524&mid=42742

//
After reading one poster's lament about VLO trading losses, I post my personal trading rules in the hope that some inexperienced traders might find them helpful.

1.) Don't fall in love with a stock, its only worth what people are willing to pay for it.

2.) When you have a profit, take it if your objectives have been met.

3.) Don't force a trade where there is none, be patient. Don't trade out of boredom.

4.) Don't chase a stock.

5.) Wait for a market disclocation on the upside as well as the downside.

6.) Buy/short only secular trends, no one can time the market consistently.

7.) Use your emotions as a contrary indicator. Separate emotion and intellect.

8.) The hardest course of action to take is usually the correct one.

9.) Don't buy a gap opening up.

10) Stick with leading companies, they got there for a reason.

11.) Don't make decisions based on tax considerations.

12.) If the stock doesn't do what you expect it to do, cut your losses quickly.

13.) Your objectives determine your strategy.

14.) Discipline and money management are key components of successful trading.

15.) Don't pull the flowers and water the weeds.

16.) Diversification is a hedge against ignorance. Concentration of assets creates wealth, diversification preserves it.

17.) Be flexible, when you find the right key, the market changes the locks.

18.) Don't confuse brains and a bull market.

19.) Trading is a zero sum game. If it were easy, everyone would be rich.

20.) Don't ignore anecdotal evidence, it is just as valuable as fundamental and technical analysis.
//

[ParkTwain]

I found this paper while googling for "Richard Donchian." Major academic article re: profitability of technical trading systems:

http://www.farmdoc.uiuc.edu/agmas/reports/04_04/AgMAS04_04.html

(Click on the "Print Preview" link at top right to open the PDF version of this article.)

//
The purpose of this report is to review the evidence on the profitability of technical analysis. To achieve this purpose, the report comprehensively reviews survey, theoretical and empirical studies regarding technical analysis and discusses the consistency and reliability of technical trading profits across markets and over time. Despite a recent explosion in the literature on technical analysis, no study has surveyed the literature systematically and comprehensively. The report will pay special attention to testing procedures used in empirical studies and identify their salient features and weaknesses. This will improve general understanding of the profitability of technical trading strategies and suggest directions for future research. Empirical studies surveyed include those that tested technical trading systems, trading rules formulated by genetic algorithms or some statistical models (e.g., ARIMA), and chart patterns that can be represented algebraically. The majority of the studies were collected from academic journals published from 1960 to the present and recent working papers. Only a few studies were obtained from books or magazines.
//

[skiracer]

[...]*
* the link was broken and the original message has been deleted. Karel

Well Park there is another site that I have added to my favorites. Looks like alot of good reading there. Another good one. Thanks. How and where do you find these little gems? Do you sleep?

[RL]

Park you are just fantastic with all your Info, sure glad you started posting regularly.YOU AR THE MAN

[IIC]

3.) Don't force a trade where there is none, be patient. Don't trade out of boredom.


I did this today...didn't work...But no harm(well a bit)...no foul...Still a very good week...Good advice...Doug

[ParkTwain]

HOWEVER, this might be the coolest stuff I read all this week, the MIT master's thesis of Pasha Roberts (whose father is Lawrence Roberts http://www.ziplink.net/~lroberts/, one of the true actual inventors of the internet) that was published in 2003.

"Information Visualization for Stock Market Ticks: Toward a New Trading Interface" (83 pages)
(The good stuff starts on PDF page 36.)
http://lineplot.com/expertise/Thesis.pdf

Later, Pasha Roberts helped to start a company called Lineplot Productions (http://lineplot.com/index.html) to do video visualizations of dynamic market data. At this website, click on the "Gallery" link, then click to watch the 60-second video.

Pasha Roberts was at one time a grad student under Andrew W. Lo at MIT. You should also be aware of what Lo is doing at MIT (http://web.mit.edu/alo/www/). Notice on Lo's home page that he has co-authored at least one paper with Brett Steenbarger, a psychology professor who also consults to traders and in all his free time maintains a couple of very interesting websites (http://www.brettsteenbarger.com/).

[ParkTwain]

Found at amazon.com, an illustrated edition ("coffee table" book), including the original artwork found in the Saturday Evening Post, of Lefevre's Reminiscences of a Stock Operator" with a foreword by Wm. O'Neill and commentary by financial historian Charles Geisst.

http://www.amazon.com/gp/product/0471678767/ref=ase_httpwwwwillco-20/102-2148488-4672151?s=books&v=glance&n=283155&tagActionCode=httpwwwwillco-20

[IIC]

Found at amazon.com, an illustrated edition ("coffee table" book), including the original artwork found in the Saturday Evening Post, of Lefevre's Reminiscences of a Stock Operator" with a foreword by Wm. O'Neill and commentary by financial historian Charles Geisst.

http://www.amazon.com/gp/product/0471678767/ref=ase_httpwwwwillco-20/102-2148488-4672151?s=books&v=glance&n=283155&tagActionCode=httpwwwwillco-20

Park...just a reminder...My b-day is April 9th...Doug

[ParkTwain]

Here are some articles related to Peter Brandt's (chart-oriented commodity trader) use of classical chart patterns.

"Classical Charting Principles: An 'Edwards and Magee' Approach to Trading Futures Markets" (1989 article, 26 pages) (VERY GOOD!)
http://www.charttricks.com/Resources/Articles/Peter%20Brandt%20MTA%201989%20May.pdf

Here is Brandt's own book:
http://books.global-investor.com/books/3808.htm?ginPtrCode=00000&identifier=
Available here:
http://www.rb-trading.com/books.html

"Best Way to Trade [Futures Markets] with Limited Capital" (Bruce Babcock)
http://www.rb-trading.com/article8.html

"Role of Classical Chart Patterns" (Dan Chesler)
http://www.performancetrading.it/Documents/DanVolatility/DnV_Role.htm
This is part of a longer article that can also be found in PDF format here:
http://www.charttricks.com/Resources/Articles/Chesler_article.pdf

[ParkTwain]

Nice points found in:
"Classical Charting Principles: An 'Edwards and Magee' Approach to Trading Futures Markets" (Richard Brandt, 1989)
http://www.charttricks.com/Resources/Articles/Peter%20Brandt%20MTA%201989%20May.pdf

//
1. Charting is more of an art than science. Successful chart interpretation takes time, study and effort.

2. Charts can be misread, much in the same way as a Wave Count can be prostituted.

3. Charting is a TRADING TOOL, not a means for price forecasting. People who use chart books to make grand economic forecasts are in dangerous territory. Charts should be used for timing trading maneuvers, not for formulating fundamental opinions.

4. Even the most well-defined and seemingly perfect chart pattern is subject to failure.

5. Not every market, all of the time, can be understood using classical chart principles. The real danger is trying to fit a chart interpretation to all markets all of the time. More often than not, a given market will defy classical charting principles.

6. It is very easy to over analyze a chart. The temptation for a novice chartist is to keep studying a chart until something is made of it. The mentality is one of ... "there has got to be something on this chart and I have to find it." My experience is that chart patterns pop off the page; that legitimate chart patterns will find us. We don't need to find them. My rule is that if I have to spend over 15 seconds on a chart, it is time to turn the page.
//

[ParkTwain]

Quick list of new all-time high breakout plays that meet my preferred criteria (w/in 105% of brkout pivot, uptrending RSI > 65, PEG ratio under 2.0 and closer to 1.0 the better, over 5.00/sh, >50K avg daily vol, no foreign companies, no banks, no REITs, no mines or metals, no utilities, no insurers, no acquisition targets), using 2/2/06, 2/3/06, and 2/6/06 data:

AATI, ACAD, ADS, AL, ALB, AMD, AP*, ASTE, AWGI
BLDR
CAKE, CENX, CPD
DSW
EEFT, EGY, EVST, EW
FORM*, FUL
GVA
HURN
IFS, ILMN*, IVAC*
KAR
LMT, LRCX*
MEOH, MGLN, MIC, MWIV
NMTI
PAAS, PDE, PH, PPCO, PTIE
RDC, RESC, ROC, RSTI
SBUX, SIMO, SMDI*, SPSX, STLD
TCC, TLF, TSCO, TXCO, TYL
UTIW
VAL
WAB, WHR, WLL
YMI*

*=exceptions to the criteria

I'll rank these and others later this week.

[Websman]

Park, the more I read your stuff, the more impressed I am, especially considering your huge returns last year.

Keep up the great posts! I'll be watching and learning. Heck I may even find a few things to help tweak my VTP. :)

[DSteckler]

Nice looking list. How did it do today?

[IIC]

Nice looking list. How did it do today?

Dave...Tell me who's long list did good today?...His list was 10/47/1...But the IIC 100 was 10/89/1...And since the IIC 100 is the standard for which all other lists are measured...Guess he did OK today...Anyway, the way I look at it is days like this create opportunties...Doug

[DSteckler]

<< Dave...Tell me who's long list did good today?... >>

None that I know of. That's why I wanted to know how Park's list did; the criteria choices looked interesting and I was thinking of replicating them.

[New-born baby]

Quick list of new all-time high breakout plays that meet my preferred criteria ( no foreign companies, no banks, no REITs, no mines or metals, no utilities, no acquisition targets),

ParK"
Would you please comment on why you eliminate these groups? Esp. "no mines or metals." Thanks! :D

[ParkTwain]

I eliminate different groups of stocks for different reasons but with the same intent: to increase the chance of finding a stock with a minimum of extraneous influences that could be "drags" on the ability of the shares to increase quickly after all-time-high resistance has been surpassed.

No foreign companies: no need to allow for currency risk or political/regulatory acts of a foreign sovereign, unforeseen effects of U.S. foreign policy acts/decisions

No banks, REITs, insurers, utilities: typically slow pps gainers, heavily regulated businesses, banks highly reactive to Fed policy and actions

No mines or metals: closely tied to an associated commodity's price, which itself can be tied to extraneous factors, such as foreign political acts/accidents/incidents/currency panics. To play these stocks I am in effect playing a commodity (a foreign-dominated commodity would be the worst case) but doing so indirectly. (I would rather play a commodity directly, in those markets.) I could also use this reasoning to disqualify metal-forming businesses (steel mills, canning companies, wire manufacturers, etc.) and even any oil/NG-related company. Practically speaking, I almost never trade any oil company shares due to their extreme sensitivity to geopolitical events. (My trades can run from a few days to a few weeks.) During CY2005, I traded only two stocks, FTO and CHK, in the oil/NG sectors; made good $$$ on FTO but lost $$$ (October) on CHK.

[New-born baby]

I eliminate different groups of stocks for different reasons but with the same intent: to increase the chance of finding a stock with a minimum of extraneous influences that could be "drags" on the ability of the shares to increase quickly after all-time-high resistance has been surpassed.

No foreign companies: no need to allow for currency risk or political/regulatory acts of a foreign sovereign, unforeseen effects of U.S. foreign policy acts/decisions

No banks, REITs, insurers, utilities: typically slow pps gainers, heavily regulated businesses, banks highly reactive to Fed policy and actions

No mines or metals: closely tied to an associated commodity's price, which itself can be tied to extraneous factors, such as foreign political acts/accidents/incidents/currency panics. To play these stocks I am in effect playing a commodity (a foreign-dominated commodity would be the worst case) but doing so indirectly. (I would rather play a commodity directly, in those markets.) I could also use this reasoning to disqualify metal-forming businesses (steel mills, canning companies, wire manufacturers, etc.) and even any oil/NG-related company. Practically speaking, I almost never trade any oil company shares due to their extreme sensitivity to geopolitical factors. (My trades can run from a few days to a few weeks.) During CY2005, I traded only two stocks, FTO and CHK, in the oil/NG sectors; made good $$$ on FTO but lost $$$ (October) on CHK.

I thank you for the post. I play the NG/Oil sector most heavily, esp. the high divy payers. Yes, the high divy (12%+ means a slow pps gains (or losses). I look at the divy as insurance. A day like today means little as the divy will recover the losses in short order.

[ParkTwain]

A day like today means little as the divy will recover the losses in short order.

But the dividend distribution could, at worst, be 3 months away! (I'm assuming your statement means that you hold for the divy distribution, or are you talking about only the price movement that reflects the market's anticipation of the distribution?)

[ParkTwain]

Perfect example of what I'm looking for:

http://finance.yahoo.com/q/bc?s=LDSH&t=2y&l=on&z=m&q=l&c=
http://finance.yahoo.com/q/bc?t=my&l=on&z=m&q=l&p=&a=&c=&s=ldsh

In late July 2005 LDSH jumped on high volume to meet its all-time high of just over 15.00/sh. Notice in the second chart that its rise since then has been faster than any in its previous history. Since then it's seen about a 66% gain in 6 months. No overhead resistance is a beautiful thing.

[New-born baby]

But the dividend distribution could, at worst, be 3 months away! (I'm assuming your statement means that you hold for the divy distribution, or are you talking about only the price movement that reflects the market's anticipation of the distribution?)

Monthly divys. If it is a three month wait, then price appreciation near the divy ex-date is what I look for. I don't like holding those 3 month-ers for the divy. Too risky.

[DSteckler]

But price usually drops after the stock goes ex-dividend. Doesn't that cut into your return?

[ParkTwain]

This morning bought IED and BHE.

New additions (2/7/06 data) to yesterday's watch list for all-time high breakouts.

BHE, BTUI
CECE
IED, ISE
OTT
PLMD
ROLL
WGOV

[New-born baby]

But price usually drops after the stock goes ex-dividend. Doesn't that cut into your return?

If I buy a stock that pays a monthly dividend, I usually hold the stock for more than one month. For example: PMT.UN is a natural gas stock on the TSE. It pays a monthly divy of .24 CD. If you buy the stock at current $20 level, the price will fluctuate about $2 per month. You could play for the capital gains, or you can hold and collect $2.88 per year with little sweat. Or you could play it inbetween. If I buy PMT at $20 and the stock surprises me and drops to $18, that dividend works to console me and also to drive the stock price back up. It is a nice insurance.

[Websman]

This morning bought IED and BHE.

New additions (2/7/06 data) to yesterday's watch list for all-time high breakouts.

BHE, BTUI
CECE
IED, ISE
OTT
PLMD
ROLL
WGOV

I'm liking IED. I may buy on a pullback myself.

[Websman]

To be more specific, I'm waiting for a possible gap fill on IED. It's a long shot, but I'll try to buy it under 6.25.

[DSteckler]

<< I'm liking IED. >>

Improvised Explosive Devices? You guys are scaring me....<g>

[ParkTwain]

If I buy PMT at $20 and the stock surprises me and drops to $18, that dividend works to console me and also to drive the stock price back up. It is a nice insurance.


I would respectfully submit that your only practical insurance against risk in a stock is its most recent level of strong support. For an already uptrending stock, the nearer you can buy above that level, the better your return to risk ratio. If that support level is also a previous all-time high peak (or set of peaks that occurred over time), the return to risk ratio is both positive and not bounded!

[ParkTwain]

Food for thought from Yahoo's BHE chat board:
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=4687401&tid=bhe&sid=4687401&mid=2276

//
A funny thing has happened to the markets. The earnings of S&P500 companies have gone up in double digits (vs. prior year) for 15 quarters straight. That's 15 consecutive quarters with earnings rising > 10% (something that has never happened before in history!). Yet stocks have been stuck in a narrow trading range. The Dow has remained in a +/-6% range for 2 1/2 years! During the first double digit increases (in 2002), the market rose. After the 4th double digit earnings rise, people throught that companies probably can't continue with a 5th double digit earnings climb, so they did not invest much more into stocks. But the companies did achieve double digit growth. People said the same during the 6th quarter, yet the companies again got double digit growth. This went on and on for the
7th quarter,
the 8th quarter,
the 9th quarter ,
the 10th quarter,
the 11th quarter,
the 12th quarter.
People put money into housing. Some said the baby steps in interest rate increases are the reason (this period had the largest # of miniscule 1/4 pt. increases ever).
Company profits contined > 10% rises in the 13th quarter,
in the 14th quarter!!!
and even in the 15th consecutive quarter!!!!!!.
The S&P500 companies continue > 10% earnings rises and they built up record earnings, reduced debt, and built record cash levels now > $700B cash (highest ever).

We continue to see >10% profits rises and with the 16th quarter now nearly half-way through it is likely we'll see another >10% profit growth. Now, the baby steps in interest rate increases are likely to stop. The >10% profit growth continues (proving naysayers wrong for years now) and we still hsve a Dow stuck in a +/-6% level.

Stock price appreciation is soon coming with a boom. Fundamentals are way too good to contine in this +/-6% Dow range forever! The climb in stocks is coming in 2006. We are overdue for at least a 25% climb. This will likely put the Dow at 14,000 by the end of 2006.
//

In response, I say that the S&P500 has been slightly uptrending (at about 100 S&P500 index pts, or a little less than 10%, per year) since Jan 2004:
http://finance.yahoo.com/q/bc?s=%5EGSPC&t=5y&l=on&z=m&q=l&c=

Unlike the Dow Jones 30 industrials:
http://finance.yahoo.com/q/bc?s=%5EDJI&t=5y&l=on&z=m&q=l&c=

[ParkTwain]

Ray, Mr. Birinyi is one up on you! The site picks a different, perhaps randomly chosen, stock each day, then tracks how that stock performs and adds its performance to a cumulative performance of other "dart" picks, versus other indexes and picks of other experts.

http://tickersense.typepad.com/ticker_sense/2006/02/the_daily_dart.html

Also, check out the fantastic list of links to technical trading sites on the right side of the page.

[Gatorman]

Ray, Mr. Birinyi is one up on you! The site picks a different, perhaps randomly chosen, stock each day, then tracks how that stock performs and adds its performance to a cumulative performance of other "dart" picks, versus other indexes and picks of other experts.

http://tickersense.typepad.com/ticker_sense/2006/02/the_daily_dart.html

Also, check out the fantastic list of links to technical trading sites on the right side of the page.
Laszlo Birinyi was a favorite of mine when he appeared on Wall Street Week and later on Louis Rukeyeser's program after Louis left PBS. His voice was a bit hard to deal with but his views were always interesting and timely.

[ParkTwain]

yes, I think he's a very sharp guy and try to read his materials as often as possible. I listen to what he says about the entire market more than about individual stocks.

[RL]

Thanks for the link Park If I think I have enough time think I'll throw a dart each day and see how I do compared to his picks. I think he researchs the stock before he calls It a dart throw. I simply throw the dart If It sticks thats the one.

[RL]

I see on his home page his dart throw was LTM on 2\9 I also hit that one. Then ask for advice of J Smith & Doug to no avail but maybe he has been secretly has been tracking me. Yes I also remember him on Rukeyeser's show.

[ParkTwain]

Ray, see the actual dartboard on this page:
http://tickersense.typepad.com/ticker_sense/laszlo_birinyi/index.html

[ParkTwain]

Still holding small long positions in IED and DDD. Hoping DDD has bottomed near-term. IED working well during this past week.

Have been mostly away from the markets this week. Other responsibilities have been taking most of my time. Should be able to get my new highs research caught up to date for Monday's open.

Trading account is +19% YTD 2006.

[ParkTwain]

Amazing mortgage news related to new US Treasury 30-yr notes.

//
Bond Sales May Promote Long-Term Mortgages

By ALEKSANDRS ROZENS, AP Business WriterFri Feb 17, 1:34 PM ET

The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for the first time to help some consumers qualify for loans.

While the connection between the two — the U.S. government borrowing money through the sale of debt and a home buyer looking for a loan to buy a home — may not be apparent, the two are inseparable. That's because the interest rate the government pays for its debt usually determines the rate consumers and corporations will pay for the loans they take out.

The reintroduction of the 30-year bond means lenders — who had relied on the government's 10-year note for mortgage rate guidance — have a better idea of what to charge homebuyers for a 40-year mortgage. There is also some talk among lenders, who are always looking for new mortgage products, about creating a 50-year home loan.

The longer-term mortgages would lower monthly payments.

"To the extent more consumers have more products available, it will be a help for affordability," said Douglas Duncan, chief economist at the Mortgage Bankers Association.

Keith Gumbinger of HSH Associates, which tracks the mortgage industry, believes lenders will likely generate some borrower interest with the 40-year loans. "Expanding your menu (as a lender) to include as many loan choices means you get a better opportunity to scour borrowers out of niche markets," he said.

After a five-year hiatus, the Treasury Department borrowed $14 billion through the sale of 30-year bonds on Feb. 9, and said it plans to continue regular sales of the bonds. The long bond's revival was a big event on Wall Street and for mortgage bankers because the longest-dated government debt had been the Treasury 10-year note. (On Wall Street, any U.S. government security 10 years or less is called a note.)

"A 30-year (Treasury) security might give lenders a benchmark to track the pricing of longer-term mortgages," said Steve LaDue, president of Affiliated Mortgage in Wauwatosa, Wis.

Forty-year mortgages have been offered by lenders over the last two decades, according to Gumbinger, who recalled that their use last jumped in the 1980s when home prices were high and interest rates were in double digits. Rising home prices are bringing them back, he said, but noted that these loans likely won't account for more than a fraction of a percent of all loans processed by bankers. Last year, lenders underwrote $3.2 trillion worth of mortgages.

By stretching out their mortgage payments over 40 years first-time home buyers can lower monthly borrowing costs and qualify more readily for a loan.

LaDue said bankers could also create a 50-year mortgage because of the Treasury's 30-year bond sale. This would be a product lenders could sell to first-time home buyers, or what LaDue calls "a gateway product."

LaDue doesn't expect borrowers to stick with these loans for the full term. He said these homeowners are likely to eventually refinance into 15-year or even 30-year loans to repay them faster.

Of course, like all longer-term loans, the 40-year mortgage carries a rate that's higher than shorter-term loans, as lenders charge more for taking on the risk of a longer term loan. So although the payments are lower, a borrower ends up paying much more in interest.

Last week, home buyers could get a 40-year $100,000 mortgage at a rate of 6.50 percent which meant their monthly loan payments were $585.00, according to HSH's Gumbinger.

A 30-year loan, meanwhile, had a 6.25 percent rate and a home buyer with a $100,000 loan had a monthly loan payment of $616.

"Could there be some 50s? There could be some 50s" said Gumbinger, referring to 50-year home loans. But he added that he does not expect a large audience for these mortgages.

The new loan products, though, could be of help for a housing market if they improve affordability at time when sales have slowed and inventories have ballooned.

Chris Low, chief economist at FTN Financial, a financial services firm, said longer-dated home loans could prevent a dramatic drop in the housing market because their lengthy payback periods would lower monthly payments at a time when interest rates for other mortgages have risen from historic lows.

"It is a kind of a way to play games with monthly payments," said Dick Bove, banking analyst at Punk Ziegel. "Stretching out the mortgage maturity is simply a way to lower month payments and stimulate sales."
//

[ParkTwain]

How many of you bought the SBUX breakout? (It's still within 110% of its pivot of 32.50/sh.) FDX is about to do the same thing.

[IIC]

40 year and 50 year loans are a bad idea IMO...Selling Dreams...But I guess they are better than the "No Down...Interest Only 3-5 Year Deals"...The Industry is looking for a way to bail themselves out for as long as they can...Thx for posting that article...But it is over for the next 9-10 yrs IMO...I will be looking for RE bargains late this year and next...Doug




Amazing mortgage news related to new US Treasury 30-yr notes.

//
Bond Sales May Promote Long-Term Mortgages

By ALEKSANDRS ROZENS, AP Business WriterFri Feb 17, 1:34 PM ET

The Treasury Department's resumption of 30-year bond sales could have an interesting impact on the home mortgage market, with lenders offering more 40-year loans and maybe even 50-year mortgages for the first time to help some consumers qualify for loans.

While the connection between the two — the U.S. government borrowing money through the sale of debt and a home buyer looking for a loan to buy a home — may not be apparent, the two are inseparable. That's because the interest rate the government pays for its debt usually determines the rate consumers and corporations will pay for the loans they take out.

The reintroduction of the 30-year bond means lenders — who had relied on the government's 10-year note for mortgage rate guidance — have a better idea of what to charge homebuyers for a 40-year mortgage. There is also some talk among lenders, who are always looking for new mortgage products, about creating a 50-year home loan.

The longer-term mortgages would lower monthly payments.

"To the extent more consumers have more products available, it will be a help for affordability," said Douglas Duncan, chief economist at the Mortgage Bankers Association.

Keith Gumbinger of HSH Associates, which tracks the mortgage industry, believes lenders will likely generate some borrower interest with the 40-year loans. "Expanding your menu (as a lender) to include as many loan choices means you get a better opportunity to scour borrowers out of niche markets," he said.

After a five-year hiatus, the Treasury Department borrowed $14 billion through the sale of 30-year bonds on Feb. 9, and said it plans to continue regular sales of the bonds. The long bond's revival was a big event on Wall Street and for mortgage bankers because the longest-dated government debt had been the Treasury 10-year note. (On Wall Street, any U.S. government security 10 years or less is called a note.)

"A 30-year (Treasury) security might give lenders a benchmark to track the pricing of longer-term mortgages," said Steve LaDue, president of Affiliated Mortgage in Wauwatosa, Wis.

Forty-year mortgages have been offered by lenders over the last two decades, according to Gumbinger, who recalled that their use last jumped in the 1980s when home prices were high and interest rates were in double digits. Rising home prices are bringing them back, he said, but noted that these loans likely won't account for more than a fraction of a percent of all loans processed by bankers. Last year, lenders underwrote $3.2 trillion worth of mortgages.

By stretching out their mortgage payments over 40 years first-time home buyers can lower monthly borrowing costs and qualify more readily for a loan.

LaDue said bankers could also create a 50-year mortgage because of the Treasury's 30-year bond sale. This would be a product lenders could sell to first-time home buyers, or what LaDue calls "a gateway product."

LaDue doesn't expect borrowers to stick with these loans for the full term. He said these homeowners are likely to eventually refinance into 15-year or even 30-year loans to repay them faster.

Of course, like all longer-term loans, the 40-year mortgage carries a rate that's higher than shorter-term loans, as lenders charge more for taking on the risk of a longer term loan. So although the payments are lower, a borrower ends up paying much more in interest.

Last week, home buyers could get a 40-year $100,000 mortgage at a rate of 6.50 percent which meant their monthly loan payments were $585.00, according to HSH's Gumbinger.

A 30-year loan, meanwhile, had a 6.25 percent rate and a home buyer with a $100,000 loan had a monthly loan payment of $616.

"Could there be some 50s? There could be some 50s" said Gumbinger, referring to 50-year home loans. But he added that he does not expect a large audience for these mortgages.

The new loan products, though, could be of help for a housing market if they improve affordability at time when sales have slowed and inventories have ballooned.

Chris Low, chief economist at FTN Financial, a financial services firm, said longer-dated home loans could prevent a dramatic drop in the housing market because their lengthy payback periods would lower monthly payments at a time when interest rates for other mortgages have risen from historic lows.

"It is a kind of a way to play games with monthly payments," said Dick Bove, banking analyst at Punk Ziegel. "Stretching out the mortgage maturity is simply a way to lower month payments and stimulate sales."
//

[New-born baby]

If you think 50 year loans are bad--here's a few facts to consider:
In Japan, mortgages can run 100 years or more. Most Japanese buy a house with a mortgage, and the father, son and grandson spend their lives paying the mortgage off.

In the Old Testament, God outlawed debt exceeding 7 years. He doesn't
want His people slaving in debt.

In the USA, bankers followed the Biblical model of a maximum of 7 year loans up until the 1920s. It was during the "Roaring 20's" that this practice was abandoned for loans of longer terms. The stock market crashed in Oct, 1929, due to too much 'easy credit.'

Every American has to pay higher prices due to US gov't debt. It is US gov't debt that sets the interest rates that borrowers must pay. And it is US gov't debt that drives inflation higher. And it is inflation that is stealing the value of your work. A retirement nest egg of $250,000 isn't what it used to be . . . .

[ParkTwain]

The Old Testament also condones slavery. You have to be selective about where you get your guidance in life, I would say.

Federal legislation in the early 1930s that resulted in increasing the longest available term of home mortgages was one of the domestic economic successes that came out of the Great Depression.

[ParkTwain]

In my ongoing research of watching new 52-week highs, and especially watching for stocks making all-time highs, I have been struck during the last couple of years at the behavior of the water resources stocks. Some of these are categorized (such as at clearstation.com) as "water utility" companies (and also notice the group's relative strength), but there are some microcaps, such as PCYO in the Denver, CO area, that are still below the market's radar and have some very interesting stories going on. Privately controlled water resources across the country are being bid up and consolidated via the stock market, and it is very interesting to watch.

[ParkTwain]

Here are several articles about recent reports from Paul Desmond of Lowry's research about the historical characteristics of stock market tops and bottoms. This looks to me to be very good information that you will want to keep for the longer term.

The starting point is a pair of articles from theStreet.com:

http://www.thestreet.com/_yahoo/markets/marketfeatures/10269345.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
http://www.thestreet.com/_yahoo/markets/marketfeatures/10269355.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

Here is a 7-page article that presents the material in Desmond's own words:
http://www.weedenco.com/welling/Downloads/2006/0803_GP_Desmond.pdf

Here is a link to Lowry's web site, where you can purchase the Desmond reports for about $10.00 each:
http://www.lowrysreports.com/research_studies.cfm

Among many excellent facts that he presents, he makes the relatively common-sense point that a good number of the listings on the NYSE are actually funds and ADRs. When the movements of these issues are included in the daily advance/decline numbers for the entire NYSE, you can get a mistaken impression about what is actually happening among the U.S.-only common stock issues. So in his research, he excludes those issues as he tries to understand what the behavior of the domestic-only issues was when the market was peaking or bottoming.

In the Street.com interview, he also makes the point that he isn't usually interested in investing in foreign markets due to the complication of the effects of exchange rates on one's effective rate of return.

[ParkTwain]

34 stocks that have increased their earnings for 10 straight years:
http://www.crossingwallstreet.com/archives/2006/02/ten_straight_ye.html

Apollo Group-Cl A APOL
Applebee's Intl APPB
Bed Bath & Beyond BBBY
Brown & Brown BRO
Cathay Gen Bancorp CATY
Compass Bancshares CBSS
Capital One Financial COF
Copart CPRT
City National CYN
Donaldson DCI
D.R. Horton DHI
Dollar Tree Stores DLTR
Expeditors Intl Wash EXPD
General Electric GE
Home Depot HD
Harley-Davidson HDI
Health Mgmt Assoc HMA
Hilb Rogal & Hobbs HRH
Heartland Express HTLD
Knight Trans KNX
Lincare Holdings LNCR
Moog-Cl A MOGA
NVR NVR
O'Reilly Automotive ORLY
Paychex PAYX
Patterson Companies PDCO
Ross Stores ROST
SEI Investments SEIC
Synovus Financial SNV
Sysco SYY
Toll Brothers TOL
Trustco Bank Corp/NY TRST
Walgreen WAG
Wal-Mart Stores WMT

[ParkTwain]

Here is a just basically great and well distilled set of articles about whittling down to a workable trading approach and system, found at a blog produced by a system-based trader named Teresa Lo. I have not finished reading all of this material, but what I have read so far tells me that this is very valuable information for a new to intermediate level trader, which is the area where I fall.

Starting by reading her series of blog posts about "Key Concepts":
http://powerswings.com/FAQ/2006/02/13/key-concepts/
(Click each successive link found at the top right of the page.)
The posts in this set are:
* Key Concepts
* ATRp - Average True Range Percent (i.e., as opposed to historical volatility)
* Position Sizing Tool
* Relative Performance Counts
* The Sentiment Cycle
* The Age-Old Question
* Ratio Charts Count Too

Then read about her trading system:
http://powerswings.com/FAQ/2006/02/11/the-countdown/
(Click each successive link found at the top right of the page.)

Then read about her "Ultimate Trading Course" ...:
http://www.powerswings.com/tradingcourse.html

...which includes this nice 28-page PDF document:
http://www.powerswings.com/PTM/PTM20050224.pdf

[DSteckler]

<< Here are several articles about recent reports from Paul Desmond of Lowry's research about the historical characteristics of stock market tops and bottoms. >>

I have a copy of Paul's 2002 Dow Award paper that discussed identifying market bottoms (I sat on the Dow Award committee that year). If you'd like a copy please contact me via e-mail at DSteckler@aol.com (not Ernie's private mail) and I'll send you back the paper.

[IIC]

<< Here are several articles about recent reports from Paul Desmond of Lowry's research about the historical characteristics of stock market tops and bottoms. >>

I have a copy of Paul's 2002 Dow Award paper that discussed identifying market bottoms (I sat on the Dow Award committee that year). If you'd like a copy please contact me via e-mail at DSteckler@aol.com (not Ernie's private mail) and I'll send you back the paper.

I emailed you Dave...But I just noticed that someone emailed me this yesterday:

http://www.thestreet.com/markets/marketfeatures/10269345.html

[diogenes]

How many of you bought the SBUX breakout? (It's still within 110% of its pivot of 32.50/sh.) FDX is about to do the same thing.


Neg. on the SBUX.

If you happen to have a few mins., then what do you think of ADAM?

[ParkTwain]

re: ADAM:

Good-looking breakout out of an ascending triangle but without a big increase in RSI. I would prefer to have bought this stock under 8.00/sh. If you buy now you have to be ready to watch it sink back to between 7 and 8/sh. Accoring to Yahoo "key statistics" this is an unusually profitable company as to profit margin. So you may have a nice find on your hands.

This chart shows the setup for the breakout beyond about 7.00/sh.
http://tinyurl.com/regbs

[ParkTwain]

Bought some RUSHA yesterday.
Today bought some ALNY and DCI.

Many more (at least 50) new all-time high breakout candidates that I'm tracking. I'll post the list later tonight.

[DSteckler]

Careful on DCI. Extended and volume is less than 1/3 of ADV.

[ParkTwain]

re: DCI: I see nearest support in high 33s, then next at 32. I almost never factor moving averages (as indicating a support level) into my decisions unless there has been actual volume at that price level. RSI has been uptrending for over 1 month. Also, DCI earnings are announced next week (eod Feb 28th).

[ParkTwain]

So many great articles about trading, and so little time:
http://www.trading-naked.com/Articles_and_Reprints.htm

The site also offers Charlie Wright's "Trading as a Business" book as a set of PDF files. I have it in book form, and I recommend it. It describes how to become a strategy-based trader.

Also, this 1993 interview with Linda Raschke:
http://www.trading-naked.com/library/LBR_RASCHKE.pdf

As a comparison, here is an interview with Linda in 2004:
https://lbrgroup.com/images///raschke0204.pdf

[ParkTwain]

Closed position in IED this morning for +11% in 10 days in market. Earnings release this morning. Probably goes higher.

[diogenes]

So many great articles about trading, and so little time:
http://www.trading-naked.com/Articles_and_Reprints.htm

The site also offers Charlie Wright's "Trading as a Business" book as a set of PDF files. I have it in book form, and I recommend it. It describes how to become a strategy-based trader.


Whoa! Great site. Thanks for the link

[ParkTwain]

Lax Oversight Blamed for High Gas Prices
http://tinyurl.com/hh3r8

Iowa Attorney General report synopsis
http://www.iowaattorneygeneral.org/latest_news/releases/mar_2006/Natural_Gas.html

//
Too little oversight of financial markets — not supply and demand problems — are to blame for skyrocketing natural gas prices, top law enforcement officials in four Midwestern states said Tuesday.

Comparing natural gas trading to "the wild, wild West," the attorneys general from Illinois, Iowa, Missouri and Wisconsin urged Congress to increase regulation of markets they say are vulnerable to abuse and manipulation.

The officials — all Democrats — issued a six-month study of natural gas prices. They said they want to debunk the commonly held view that a lack of supply and surging demand are responsible for sharp price increases that have caused a 25 percent to 30 percent rise in winter heating bills in the Midwest and elsewhere.

"It's stunningly annoying to sit here and have to literally say the moon is not made of green cheese," Missouri Attorney General Jay Nixon said at a news conference. "Supply and demand did not cause the spikes."

The price surge has affected more than half of all U.S. households that heat with natural gas. Many of those who rely on electric heat have also seen bills go up because a large number of power plants run on natural gas.

While natural gas prices are up about 28 percent this year, usage is down 5 percent. At the same time, supply has remained steady.

"How can you have demand down, and price up and supply level?" said Iowa Attorney General Tom Miller. "It doesn't make sense. To get to these big increases, you have to look at the financial side, at the trading."

The report prepared by Mark Cooper, research director for the Consumer Federation of America, concluded that one reason for the upward climb of prices is a huge influx of money into largely unregulated financial markets.

Under current law, Miller said, only about 20 percent of trades are reported. The lack of transparency allows traders to gain huge positions and potentially manipulate the market, he said.

"It's sort of like the wild, wild West in terms of trading," Miller said. "There's very little reporting of trades."

The officials urged Congress to make market trading more transparent by requiring registration of traders and reporting of all trades. They also want stricter limits on positions held by one entity, longer settlement periods for short- and long-term contracts, and restrictions on how much the price of natural gas can fluctuate before trading is temporarily halted for a cooling off period.
//

[ParkTwain]

Anyone who is paid wages in cash is not as likely to have a checking account and is not going to be paying state and Federal income taxes! What are these "business leaders" smoking? It's called an "addiction" to illegal labor, just like the "addiction" to imported oil. Plus, there is very little enforcement. Why would there be, by an administration that predominantly represents the interests of business, not workers or consumers.

(emphasis added)
//
Number of Illegal Immigrants Hits 12M

By STEPHEN OHLEMACHER, Associated Press WriterTue Mar 7, 2:38 PM ET

The number of illegal immigrants in the United States has grown to as many as 12 million, and they now account for about one in every 20 workers, a new estimate says.

Efforts to curb illegal immigration have not slowed the pace, said a report Tuesday by the Pew Hispanic Center.

Instead, the report's author said, those efforts are having an unintended consequence: People who illegally enter the United States from Mexico are staying longer because it is harder to move back and forth across the border.

"The security has done more to keep people from going back to Mexico than it has to keep them from coming in," said Jeffrey Passel, a senior research associate at the center.

It is difficult to accurately measure the number of illegal immigrants in the United States, but most public agencies and private groups had settled on a figure of about 11 million.

The Pew Hispanic Center used Census Bureau data to estimate that the United States had 11.1 million illegal immigrants in March 2005. The center used monthly population estimates to project a current total of 11.5 million to 12 million.

The report estimates that 850,000 illegal immigrants have arrived in United States each year since 2000.

President Bush has called for a program that would grant temporary worker status to illegal immigrants already here. The House rejected the program and instead passed a border security bill last year that leaned toward lawmakers who were calling for a crackdown.

The Senate is trying to address both border security and the temporary worker program, but consensus has been elusive. Senate Judiciary Committee Chairman Arlen Specter, R-Pa., has said he hopes his panel will produce a bill by the end of March.

There are about 7.2 million undocumented workers in the U.S., or about 5 percent of the country's work force, the Pew report said.

It estimated that **illegal immigrants fill a quarter of all agricultural jobs, 17 percent of office and house cleaning positions, 14 percent of construction jobs and 12 percent in food preparation.**

"Especially if we look at the Mexicans, these are people with fairly low levels of formal education," Passel said. "They're not able to get licensing or credentials in the United States because of their status, so the kinds of jobs available to them in the United States are somewhat limited."

**Business leaders and advocates for immigrants' rights argue that America's economy would collapse if all the illegal workers were deported.**

**"Undocumented immigrants do pay taxes**, and they do contribute to the economic, social and cultural developments of their communities," said Peta Ikambana of the American Friends Service Committee. The group was organizing a rally near the Capitol on Tuesday to protest the House bill.

"Just building walls will not stop immigration," Ikambana said. "Those that are here will just go underground."

Steven Camarota of the Center for Immigration Studies, which advocates tougher border enforcement, said he isn't surprised that the number of illegal immigrants continues to climb. He called the government's crackdown halfhearted at best.

Camarota pointed to a recent government report showing that very few businesses are fined for hiring illegal immigrants. **The government filed only three notices that it intended to fine companies in 2004, down from 417 notices in 1999, according to a report by the Government Accountability Office.**

Camarota said there would be plenty of Americans willing to accept jobs done by illegal immigrants if they paid adequate wages and benefits.

Tuesday's report by the Pew Hispanic Center said Mexicans make up 56 percent of illegal immigrants. An additional 22 percent come from other Latin American countries, mainly in Central America. About 13 percent are from Asia, and Europe and Canada combine for 6 percent.
//

[ParkTwain]

Watch for any of these performers in the upcoming NCAA and NIT tourneys. Here are some elite stats (in my opinion) for individual NCAA basketball players. I'm interested in the players whose stats reflect performance over the entire season. (Using data found tonight at ESPN.com.)


Based on the following data, here are a few players who stand out (each shows up on more than one of the lists below):
* Kenny Adeleke, Hartford
* Morris Almond, Rice
* Jose Juan Barea, Northeastern
* Roy Booker, SE Missouri State
* John Bowler, Eastern Michigan
* Steve Burtt, Iona+
* Keydren (Keekee) Clark, St. Peter's
* Bobby Dixon, Troy
* Quincy Douby, Rutgers
* Nick Fazekas, Nevada+
* Caleb Green, Oral Roberts+
* Whit Holcomb-Faye, Radford
* Paul Millsap, Louisiana Tech
* Adam Morrison, Gonzaga+
* Harding Nana, Delaware
* Yemi Nicholson, Denver
* J.J. Redick, Duke+
* Rodney Stuckey, Eastern Wash.
* Justin Williams, Wyoming
* Shelden Williams, Duke+
+ = probably in the NCAA tourney


Players with at least 550 pts for the year (only 36 players), at least 20.0 points/game:
* Adam Morrison, Gonzaga: 28.4 ppg
* J.J. Redick, Duke: 27.8 ppg
* Keydren (Keekee) Clark, St. Peter's: 26.3 ppg
* Andre Collins, Loyola MD: 26.1 ppg
* Steve Burtt, Iona: 25.2 ppg
* Quincy Douby, Rutgers: 25.1 ppg
* Rodney Stuckey, Eastern Wash.: 24.1 ppg
* Trey Johnson, Jackson State: 23.6 ppg
* Alan Daniels, Lamar: 23.1 ppg
* Whit Holcomb-Faye, Radford: 23.1 ppg
* Larry Blair, Liberty: 22.6 ppg
* Elton Nesbitt, Georgia Southern: 22.1 ppg
* Tim Smith, East Tenn. St.: 22.0 ppg
* Roy Booker, SE Missouri State: 22.0 ppg
* Nick Fazekas, Nevada: 21.9 ppg
* Morris Almond, Rice: 21.6 ppg
* Jose Juan Barea, Northeastern: 21.0 ppg
* Caleb Green, Oral Roberts: 21.0 ppg
* Kenny Adeleke, Hartford: 20.7 ppg
* Jarrius Jackson, Texas Tech: 20.3 ppg
* John Bowler, Eastern Michigan: 20.1 ppg


Players with at least 200 FG made for the year (only 35 players) and at least 45% made:
* Kyle Hines, NC Greensboro: 62.2%
* Yemi Nicholson, Denver: 60.3%
* J.P. Batista, Gonzaga: 59.3%
* Kenny Adeleke, Hartford: 59.2%
* Brandon Polk, Butler: 57.4%
* Paul Millsap, Louisiana Tech: 56.1%
* Caleb Green, Oral Roberts: 53.2%
* Nick Fazekas, Nevada: 53.0%
* Glen Davis, LSU: 51.0%
* Dan Oppland, Valparaiso: 50.8%
* Adam Morrison, Gonzaga: 49.8%
* Rodney Stuckey, Eastern Wash.: 49.3%
* Morris Almond, Rice: 49.2%
* Loren Stokes, Hofstra: 49.2%
* Steven Smith, La Salle: 49.0%
* Kevin Pittsnogle, West Virginia: 48.8%
* Arizona 'AZ' Reid, High Point: 48.6%
* J.J. Redick, Duke: 48.0%
* Hassan Adams, Arizona: 47.0%
* Harding Nana, Delaware: 46.9%
* Trey Johnson, Jackson State: 46.3%
* Alando Tucker, Wisconsin: 45.7%
* Terrence Todd, Fairfield: 45.5%
* Quincy Douby, Rutgers: 45.5%
* Curtis Stinson, Iowa State: 45.2%


At least 90 3pts made for the year (only 26 players), at least 40% made:
* J. Robert Merritt, Samford: 47.6%
* Chris Lofton, Tennessee: 45.8%
* Martin Samarco, Bowling Green: 45.7%
* Steve Novak, Marquette: 45.6%
* Bruce Horan, Butler: 42.3%
* Jack Leasure, Coastal Carolina: 41.9%
* J.J. Redick, Duke: 41.8%
* Steve Burtt, Iona: 41.2%
* Shane Nichols, Wofford: 40.8%
* Will Whittington, Marist: 40.6%
* Thomas Gardner, Missouri: 40.4%
* Elton Nesbitt, Georgia Southern: 40.4%


At least 200 free throws attempted (only 29 players) and at least 80% made:
* Keydren (Keekee) Clark, St. Peter's: 212 ... 89.2%
* J.J. Redick, Duke: 229 ... 88.6%
* Steve Burtt, Iona: 200 ... 82.5%
* Roy Booker, SE Missouri State: 200 ... 82.5%
* Whit Holcomb-Faye, Radford: 225 ... 80.9%


At least 150 free throws made for the year (only 27 players), at least 6 free throws made per game:
* Adam Morrison, Gonzaga: 7.47/gm
* Caleb Green, Oral Roberts: 7.13/gm
* Leon Powe, California: 6.96/gm
* J.J. Redick, Duke: 6.77/gm
* John Bowler, Eastern Michigan: 6.54/gm
* Marcus Slaughter, San Diego State: 6.31/gm
* Whit Holcomb-Faye, Radford: 6.28/gm
* George Hill, IUPUI: 6.28/gm
* Roy Booker, SE Missouri State: 6.11/gm


At least 275 rebounds for the year (only 26 players), at least 10 rebounds per game:
* Paul Millsap, Louisiana Tech: 13.5/gm
* Kenny Adeleke, Hartford: 13.1/gm
* Rashad Jones-Jennings, Arkansas LR: 11.3/gm
* Ivan Almonte, Florida Intl: 11.2/gm
* Curtis Withers, Charlotte: 11.0/gm
* Ricky Woods, SE Louisiana: 11.0/gm
* Yemi Nicholson, Denver: 10.9/gm
* Harding Nana, Delaware: 10.9/gm
* John Bowler, Eastern Michigan: 10.8/gm
* Justin Williams, Wyoming: 10.7/gm
* Corey Rouse, East Carolina: 10.6/gm
* Shelden Williams, Duke: 10.4/gm
* Aaron Gray, Pittsburgh: 10.4/gm
* Nick Fazekas, Nevada: 10.3/gm
* Obie Nwadike, Central Conn.: 10.3/gm
* Todd Sowell, St. Peter's: 10.2/gm
* Tim Parham, MD Eastern Shore: 10.2/gm
* Matthew Knight, Loyola Marymnt: 10.0/gm


At least 75 steals for the year (only 20 players), at least 3.0 steals per game:
* Obie Trotter, Alabama A&M: 3.4/gm
* Tim Smith, East Tenn. St.: 3.4/gm
* Ibrahim Jaaber, Pennsylvania: 3.4/gm
* Kevin Hamilton, Holy Cross: 3.3/gm
* Oliver Lafayette, Houston: 3.2/gm
* Bobby Dixon, Troy: 3.0/gm


At least 75 blocked shots for the year (only 20 players), at least 3.0 per game:
* Shawn James, Northeastern: 6.5/gm
* Justin Williams, Wyoming: 5.2/gm
* Stephane Lasme, Massachusetts: 3.9/gm
* Shelden Williams, Duke: 3.7/gm
* Eric Hicks, Cincinnati: 3.4/gm
* Antoine 'Slim' Millien, Idaho State: 3.4/gm
* Hilton Armstrong, Connecticut: 3.4/gm
* Michael Southall, La Lafayette: 3.3/gm
* Andrea Crosariol, Fairleigh Dickinson: 3.0/gm
* Solomon Jones, South Florida: 3.0/gm
* Tyrus Thomas, LSU: 3.0/gm

... and another who stands out:
* Patrick O'Bryant, Bradley: 3.1/gm in 22 games


At least 150 assists for the year (only 37 players), at least 6.0 assists per game:
* Jared Jordan, Marist: 8.5/gm
* Marcus Williams, Connecticut: 8.4/gm
* Jose Juan Barea, Northeastern: 8.4/gm
* Walker Russell, Jacksonville St.: 6.8/gm
* Terrell Everett, Oklahoma: 6.6/gm
* Kenny Grant, Davidson: 6.6/gm
* Bobby Dixon, Troy: 6.6/gm
* Aaron Fitzgerald, UC Irvine: 6.4/gm
* Carldell 'Squeaky' Johnson, UAB: 6.4/gm
* Chris Quinn, Notre Dame: 6.2/gm
* Josh Wilson, Northern Arizona: 6.1/gm
* Will Blalock, Iowa State: 6.1/gm
* Golden Ingle, Kennesaw: 6.1/gm
* T.J. McCullough, Gardner Webb: 6.1/gm
* Lorenzo Williams, Rice: 6.1/gm
* Aubrey Conerly, Jacksonville: 6.0/gm

[skiracer]

Park,
Who do you like in the tournament this year. It's Duke all the way for me.

[ParkTwain]

My picks for most likely champion, in descending order: UConn, Texas (but I think Barnes is a weak game-time coach), Villanova, Duke, anyone else. I like what I have seen from Iowa. I enjoy watching West Virginia. Can't comment on LSU, Tennesee, Georgetown, Ohio St., Washington, GWU.

UConn has the most talent and a great game-time coach. I think Duke has been overrated all year, which happens most years. After my top four picks there is a fall off to the next group, but that group is large. Memphis will win some games in the tourney but not the championship. Gonzaga and Villanova lack size upfront, West Virginia doesn't play defense, UNC is too young.

[skiracer]

My picks for most likely champion, in descending order: UConn, Texas (but I think Barnes is a weak game-time coach), Villanova, Duke, anyone else. I like what I have seen from Iowa. I enjoy watching West Virginia. Can't comment on LSU, Tennesee, Georgetown, Ohio St., Washington, GWU.

UConn has the most talent and a great game-time coach. I think Duke has been overrated all year, which happens most years. After my top four picks there is a fall off to the next group, but that group is large. Memphis will win some games in the tourney but not the championship. Gonzaga and Villanova lack size upfront, West Virginia doesn't play defense, UNC is too young.

I'm prejudiced towards Duke as I'm a big fan of theirs. Hope they are not running out of steam at this time of the year. Would have liked to see them lose a few earlier and get stronger now. Connecticut is great and so is Villanova. If not Duke I would like to see Villanova do it. On a neutral court I like Villanove over Connecticut. Duke has beat a number of top 10 teams and Mike K will have them up for it hopefully. That ACC tournament is rough and could take alot out of them but so will the Big East be rough on Conn. My favorite time of the year for sports right now. Love the college baskets and will be making a few wagers. Always catch a few good underdogs in this tournament taking the points.

[ParkTwain]

Duke has beaten only one team (Texas) that was Top 10 at the time all year. (Redick had 41 in that game with 9 3-pters, and Texas guards had lots of turnovers.) They just barely beat Memphis, Boston College, and Va. Tech. So I'm not sold on their chances in the tourney beyond the Sweet 16.
http://sports.espn.go.com/ncb/clubhouse?teamId=150

[DSteckler]

I thought Memphis was Top 10 at the time?

[skiracer]

Duke has beaten only one team (Texas) that was Top 10 at the time all year. (Redick had 41 in that game with 9 3-pters, and Texas guards had lots of turnovers.) They just barely beat Memphis, Boston College, and Va. Tech. So I'm not sold on their chances in the tourney beyond the Sweet 16.
http://sports.espn.go.com/ncb/clubhouse?teamId=150

I'm pretty sure Memphis was #6 when Duke beat them. Boston College was #10 an at home. Texas was #2 at the time Duke beat them. But none of that means anything in the tournament. Does Duke get a #1 seed? If not who are the #1 seeds.

Sorry, I was way off on Memphis and BC.

[ParkTwain]

That's why I posted that link to the ESPN.com page. It shows on Duke's schedule to date the ranking of the teams played. I take it that the ranking shown for each of Duke's opponents was as of the day of that game.

[ParkTwain]

Bought some IOTN this morning. Watching ECL after yesterday's breakout.

[ParkTwain]

Here are the results of my latest batch of research.

I spend most of my time looking for stocks that are just breaking out to all-time highs (ATHs). As a by-product of this research, I also find a few other kinds of setups. I will do a position trade at no more than 5% above support and look for a quick 10% to 15% gain by about 10 market days. In almost all general market conditions, I can use this approach to find many more candidates than I can actually trade. I will open positions in no more than 5 stocks at a time.

I always start by looking at each day's new highs list (sorted by Relative Strength Index) found here:
http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

I look for stocks making a new ATH (or just passing resistance that leads to a very high next resistance level) vs. a previous ATH made at least 30 day ago and where the RSI is at least 65 and uptrending for at least 1 month. Wilder ADX and Chaikin Money Flow are my preferred corroborating technical indicators, found at stockcharts.com.

I will update the lists below after I dig into the technicals of these charts during another day or two of work.

>> = best looking opportunity based on a superficial price-volume chart read.

* = stock that does not fully meet my preferred criteria (at least 5.00/sh, at least 50K avg daily volume per Yahoo quotes; no banks, no REITs, no foreign companies, no insurers, no electric utilities, no mining, no trusts or funds)

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

CATEGORIES OF SETUPS:

* High Next Resistance (including bullish gap fills)
* Imminent ATH Breakouts (use alert to signal breakout)
* Recent ATH Breakouts (WATCH for any retracement)
* Recent ATH Breakouts, followed by support test
* Turnaround after long-term downtrend
* IPOs after bounce


DATA COVERAGE: market closes from 3/2/2006 to 3/13/2006



---High Next Resistance (including bullish gap fills)
---(Some of these have not quite broken out to reach the zone of high next resistance.)

ACXM, AIRM, ALXN, AMCC, AMKR, ARGN, ARNA, ARTG, ASYT, ATRL, AVNX, AWGI, AZPN
BDY, BEL, BLD, BWNG
CCUR, CGTK, CHMP, CHRZ, CPSS
DAR
EDS, EGLS, EXEL, EXFO
FCGI, FFIV, FIX, FNSR
>>GLW, GPI
HYC
IFSIA, IKN, ININ
LGTY
MEH, MEK, MYGN
OATS, OPNT
PMCS
RNAI, >>RTN
SHLO, SILC, SMSI, STEL, >>STLW
TNOX, TTG*, TWTC
>>URI
VYYO
ZOLT



---Imminent ATH Breakouts (use alert to signal breakout)

>>ABAX, ADS, AFG, AIR, ALD, AVM
CMC
DLLR, >>DRS
ECOL, EYE, EZPW
FLOW
GIII
HCR, HOM*
ICTG*
KERX, KMX
MIL, MNKD, >>MPR*, MVK
NBIX, NC, NDAQ
PAY, PJC, PMI, PWEI
RMK, RNT
SAFT, SYKE
THLD, TOO, TTI
VVI
X



---Recent ATH Breakouts (WATCH for any retracement)

ALOG, >>ALNY, >>ANDS, ASF, >>ATU
CONR, >>COST, CSL
>>DDE, >>DRS, >>DTG
ECL, EFD, ESCH
FDC, FDX, >>FUL, FVE
GBX, >>GD, GFX*, GRMN
>>HEI
IED, IOTN
KNL
>>LFB (acq target)
MDCI
>>NOC
PAY, PCYO*, PROS*
>>RONC*, >>ROP (look for retrace to ~43/sh)
SCST, SINT, SRCL
USAP*, >>UUU*
VTIV
>>WY



---Recent ATH Breakouts, followed by support test

AKN*, AVL, AWR
BABY, >>BECN
CHAP, CTSH
ESLR, >>EVST
>>FTO
IPSU
>>KNOT
>>LFB
>>NICH
>>PH
SPN



---Turnaround after long-term downtrend
---(Sellers likely are extinguished.)

ACME, APAC, APN
DDIC
EVOL
MFA
TRMS
UPCS



---IPOs after bounce
---(Fundamentals and the company's "story" figure more prominently for these.)

ACUS
DEIX, DRH
LVS
MWIV
>>QLTY
>>RNVS, RUTX
UDRL

[ParkTwain]

Here's a really interesting article from Brett Steenbarger about the nature of the market's decreasing volatility: http://biz.yahoo.com/tm/060313/14038.html

Here's the punch line:

//
Before I present some eye-opening findings, allow me to propose a thesis:

Every market has its personality, and that personality is defined by two traits: Volatility and Trendiness. A volatile market is one that moves a great deal from time period to time period. A trendy market is one that tends to move in the same direction from one period to the next. Over time, markets change their personalities, which is to say they change their volatility and trending. This is part of what makes markets so difficult to trade: just as traders adapt to one market personality, another is likely to take its place.

What we've seen in recent years in the S&P 500, however, is a personality change worthy of Jekyll and Hyde. I believe this accounts for the common perception among retail and professional traders alike that the recent period has been one of the most difficult on record to trade. ...

So let's put these findings together: We are seeing reduced volatility *and* we are seeing reduced trendiness. That means that traders are able to take less movement out of trades *and* they are less likely to see movement carry over from one period to the next. Is it any wonder that traders are experiencing such difficulty? We have never seen a market personality quite like this one, in which low volatility has also been accompanied by low trending.

But now the bad news. I've also performed historical studies of trendiness on a five-minute basis (reported on my research site). The proportion of trending occasions is nowhere near even the one-half level; it's more like one-third. That is because of the low volatility: a third of the time the market doesn't move at all (price stays constant) and another third of the time the market reverses. The short-term momentum trader is thus in the worst of all possible worlds, as low volatility produces a lack of movement and low trending produces a lack of follow-through on moves.

I believe traders--especially short-term traders of the stock indices--need to take these findings very seriously. To the extent that the loss of trending is created by increased arbitrage and program trading, there is no assurance that it will reverse. Moreover, we've seen that the loss of volatility in the market can also persist--and even get worse. To blindly hope that the market will "get better" is not a trading plan, much less the plan for a trading career.

The good news is that there are trading instruments with far higher levels of volatility and trendiness, and those include many individual stocks. (One look at this is on the Trader Performance page of my personal site). Note that this makes stock picking and portfolio selection more important than ever. There aren't any universal laws in trading, but this one might come close: Make sure the personality of what you trade fits with how you trade.
//

[ParkTwain]

Bought EVST and NICH this morning. Almost bought SINT but will wait.

[ParkTwain]

Today's list of new 52-week highs is 14 pages long. Amazing!
http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

[b_cadvantag]

Park,

Hope everything is ok or that you are on vacation.

Miss reading your posts...


Tag

[IIC]

Yeah...where are you Park???

[Gatorman]

Did you have a change of heart out there in Vegas and are concentrating on Roulette rather than stocks?

[ParkTwain]

I have been out of the market for the last couple of months, due to other things taking up my time. I have finally spent a little time tonight looking at a few charts based ONLY on today's list of new 52-week highs. Here are a few ideas for candidates for new long positions based on all-time high breakout scenarios.

----------------------------------------------------------
(data as of 4/27/2006 market close)
(* = bending my own rules a bit to consider this stock)


BUY NOW Candidates - very recent all-time high brkout on HIGH VOLUME (brkout date)

ASX (4/27/06) New news re Taiwan's legalization of Taiwanese chip
companies building plants in mainland China
BAC (4/27/06)
CB (4/25/06)
CHH (4/26/06)
CSGP (4/27/06)
DP (4/27/06)
NGA* (4/27/06)
SCL* (4/27/06)
SYM (4/27/06)
TMK (4/27/06)
WFC (4/27/06)
WOOF (4/27/06)



Within 10% ABOVE prev ATH of at least 30 calendar days ago
(these should be relatively safe to buy and hold for
about a 10% gain over some number of weeks)

AMP, AP
BWP
CE, CELL, CHKE, CLX, CSR
DKS, DLLR
FD, FLA
IBI, IFS
MANT, MYE
NSR
PBG, PFWD
SIAL, SPSX
TOO
UACL*, UPCS
ZVXI


WATCH LIST, within 5% BELOW prev ATH of at least 30 calendar days ago
(be prepared for an upcoming breakout scenario
for these stocks)

ATAC
BBW
CL
DTV
GMT
IIVI
JILL
LTD
SUMT*
UTK

[ParkTwain]

Here is a copy of a note ("my approach to stock speculation") that I recently sent to a new online acquaintance:

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

I operate in the stock market only (no options or other).
I am interested only in "price breakout setups" (and
follow-throughs from breakouts) involving a stock
making an all-time high price. That is, I'm less
interested in the company's fundamental business
activities than in how its stock is behaving compared
with its own past history. I have been interested
in finding HIGH PROBABILITY scenarios for stock price
gains -- that is, where there is a >50% chance of
at least 15% gain in about 3 weeks. I have had good
results in the past couple of years (when I have had
the time to devote to developing my ideas) by using
the following approach.

At the end of each day's market activity, I look for
all stocks making a new 52-week high and that have
at least a certain minimum RSI (a particular technical
indicator of a stock's strength versus its own past
history) reading. I can get this list at this website:

http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

For each stock on this list with an RSI of at least 65,
I examine the long-term stock chart to see whether
today's price is also a new all-time high, or is near
(whether about 10% above or below) that stock's all-time
high price. If today's price represents a jump just
above its previous all-time high, then that stock
becomes a candidate for me to buy in the near future
(depending on its behavior over the next few market
sessions). If today's price is just below that
stock's all-time high, then I add it to a "watch list"
in anticipation of the day when it will in fact
"breakout" beyond the all-time high price. If today's
price is just above (but no more than about 5%) that
stock's all-time high, then I will also consider
buying it, if certain additional technical indicators
are presently favorable.

When I buy a stock under these circumstances, I am
looking for a 10% to 20% gain in a matter of a few
weeks. If the overall market is bullish, this gain
can happen pretty quickly. I will carry up to
4 or 5 positions at one time.

The main sources of ideas that have influenced my
present thinking are:

* How I Made $2 Million in the Stock Market, by Nicolas Darvas

This book is about how a novice in the stock market
(1950s and 1960s) figured out how to watch for price
moves out of an established price range as being the
key to identifying a stock that will make a significant
run-up in price.

* How Charts Can Help You in the Stock Market, by William Jiler

This book is a set of lessons about various kinds of
important patterns that one can observe in a daily
stock chart.

Each of these books emphasizes the importance of
recognizing patterns of price, previously established
price ranges, and high-volume price moves above or below
an established price range.

You can observe for yourself, among any large set of
stock price charts that you want to view, that after
a stock's price surpasses its own all-time high,
that the rate of price appreciation noticeably changes
to the upside. You can look for this situation
without any close knowledge of the business that the
company is in, etc. For additional safety in making
selections, one can also consider the strength of the
company's industry, the stock's price/earnings ratio,
the stock's price/earnings ratio to earnings growth
rate ratio, etc.

I won't consider trading a stock whose price per share
is below $5.00 or whose average daily volume is less
than 50,000 shares traded per day.

I like to use the charting features of this web site:
http://tinyurl.com/m9397

//PT

[IIC]

Welcome back...Doug

[diogenes]

Good to hear from you Park.

[ParkTwain]

"My Stocks Are Up 10,000%!"

What a story, from the bubble era.
http://www.investopedia.com/articles/trading/04/082504.asp


More about Dan Zanger's trading approach:
http://technicalanalysis.org.uk/chart-patterns/Blac03.pdf

[ParkTwain]

This is a very interesting post (not authored by me) that is found in a thread of posts on the KKD discussion board at Yahoo.com. (Also read backwards in the same thread for other interesting posts from other board participants.) Part of the thread's discussion is about the institutions, mechanics, and business arrangements that assist large institutions willing to lend their shares for shorting by other institutions. This discussion confirms for me why I'm generally not so interested in "turnaround" plays of fallen stocks, even when the technical upside "headroom" depicts a worthwhile risk/return setup. Before concluding that a bounce from a significant and/or long-term downturn in a stock's price indicates the stock market's knowledge of a significant change the company's prospects, it seems that one must still be very well plugged into the company's fundamental operating situation in order to gauge the trustworthiness of the bounce (see also BEL, evidently).

http://tinyurl.com/g2yng

//
Thank you for your questions. They help me focus my thoughts. I track about twenty expensive to borrow stocks GRMN, OSTK, NFI, NYX, MSO, MDTL, SPWR, FFH, PPD, KKD and some others. In a more perfect world trading would favor the investor who knew most about the company fundamentals. I am long NFI and I noticed that its PPS dropped on good news.

I worked (as a technician) for more than twenty years on Wall Street so I figure at least I was close to the action.

I concluded that for some stocks there were other fundamentals that were more important than company fundamentals or sector fundamentals or whatever.

I believe that very few people would pay more than twenty percent per annum to borrow a stock for the purpose of shorting it. I can not really think of a "pure" motive to do this.

The "subscription based" site has a free section. Go to www.dataexplorers.co.uk, click on performanceexplorers, click on SUMMARY STATISTICS, register for free. Click on a month and scroll down to Equities by Fee.
It does not say how much the fee is but other sources have put them at as much as 40%.

Since the fee paid is split at least four ways and we are talking about millions, even billions of dollars there is incentive to do things that are not aboveboard. Like lend securities that do not in fact exist. Most recently THI was lent in a rather huge way. It is an IPO. Last month the most expensive stock to borrow was NYX, it, too is an IPO.

There is some question about where these shares come from.

Regulators (SEC, FRBNY, NASD) are looking into this. Their efforts are on the net at www.agencylending.capco.com. The miscreants cannot be hoist on their own petard until they have it (their petard) in place. It will not be in place until October first.

At that time, I believe, this type of manipulation will cease. Then stocks like this one will be squeezed. And some stocks with bad fundamentals will be squeezed earlier. So, I am leery of shorting these.
//

[IIC]

Park...your Tiny url doesn't work...Doug

[IIC]

Park...your Tiny url doesn't work...Doug


Nevermind...it works now

[ParkTwain]

Sixteen printed pages of 52-week highs today, which is much more than Friday. This is incredible.

http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

My powder is completely dry, so I'm probably back into the market this week after many weeks away. I am working my way through an immense list of candidates, using new highs data only from 5/1/2006 forward.

Watch out for Wednesday and the Fed.

As for "an immense list of candidates," here's the rough draft of candidates (i.e., results of a first pass among all US-domestic-only common stock issues above 5.00/sh with min 50K avg daily volume, on NYSE/AMEX/NASDAQ, with RSI >65, and making a new 52-week high, but almost always excluding banks, mining and gold-related, and REITs) as of yesterday's close, with the findings so far shown in alphabetical order:

//
** = pretty good-looking example, on first notice, of my preferred chart setup

ABK (imminent b/o), AFG, AHS (high ceiling), AIN, ALJ, ALV, ANEN,
AP (>10% over b/o), ARWR (imminent b/o), ASFI, ASGN (high ceiling),
ASX**, ATAC**

BAC** (b/o 4/27), BGC (20% over b/o), BIO (b/o 5/5),
BOKF (imminent b/o, bank), BRK (b/o 5/5), BWA, BWLD

CACC (imminent b/o), CALD (high ceiling), CAM, CAS (>10% over b/o),
CB (~10% over b/o), CFC (b/o 5/5), CL (imminent b/o),
CLHB** (b/o 5/4), CPF (bank, Hawaii), CSH (>10% over b/o),
CTR, CTRN, CVA

DCTH, DIL, DJO (>10% over b/o), DKS, DLB (imminent b/o), DRH,
DST (high ceiling), DTV (imminent b/o)

EAGL** (b/o 5/4)

FCL, FCS (high ceiling), FLOW, FORR (high ceiling),
FSH (>10% over b/o)

GAIA (imminent b/o), GGI, GISX, GFF**,
GFIG (b/o 5/5, watch retest), GMT (imminent b/o), GMTC,
GPRO (b/o 5/4), GYMB (imminent b/o)

HAFC (bank), HCR, HLF, HPY** (b/o 5/5), HRZ**

IART, ICON**, IFIN (immiment b/o), IHR, IIVI (imminent b/o),
ISNS** (5/8 b/o), ITRI, ITW

KAI (b/o 5/4), KNOL (imminent b/o), KSU (high ceiling)
LCUT, LRCX (imminent b/o), LTBG, LTD (imminent b/o)

MANT** (nat'l sec), MAR (<10% over b/o), MEA (WATCH!),
MEAS (imminent b/o), MGA (imminent b/o), MMM (imminent b/o),
MOG.A, MSSR, MTSC (>10% over b/o), MYGN (high ceiling)

NC, NGA**, NKTR (high ceiling), NPO, NRF** (REIT), NSR
OGE**, OIS, OPEN**, OVTI

PBG (P/E: 17), PFG, PKE (high ceiling), PLL, PSPT** (b/o 5/5),
PTSI**, PTV** (b/o 5/5), PVH, PWR (high ceiling)

QSFT (high ceiling)
R (imminent b/o), REM, RENT (low avg vol), RHI, RMKR** (watch!)

SBUX (>10% over b/o), SCS (high ceiling), SCVL, SHFL (high D/E),
SMDI** (high ceiling), SMXC (high ceiling), SPSS**, STKL,
STT, SWFT**, SYM (low avg daily vol)

TAL** (IPO), TGE, TGI** (b/o 5/5, aircraft parts), THE,
TMK (insurance), TMO (imminent b/o), TNB (imminent b/o), TOO,
TSAI (imminent b/o), TUNE (high ceiling), TWGP (low PEG)

UACL, UCTT, UEIC (high ceiling, tech wave and product trends),
UNT, URI

VSAT, VTNC (low avg daily vol?)
WG, WGR, WMI (high ceiling), WTI (10% over b/o)
//

GATORMAN, please tell me what you think of this list so far.

[ParkTwain]

This morning, buying RTI, GFF, preparing to pull the trigger on SMDI, PTV, and WTS.

[ParkTwain]

RTI is burning the flesh on the palms of my hands this morning.

[ParkTwain]

Not much chat around here about the aerospace stocks, including the titanium-wonder stocks. I got some RTI this morning just before it really took off. Check its news. Could get most of a double in this stock in another 4 months. I may buy some LMIA next.

[ParkTwain]

Took about 10% profit closing out RTI this morning. Entered LMIA long after yesterday's breakout.

[ParkTwain]

After a couple of days of big market drops, there is some concern out there right now; see Runner's new "long or short" poll. The market has been acting very well for the last several weeks, so a new correction is not unexpected as far as that goes. However, we can't yet conclude there is unusual strength in the new downturn. There are also the possibilities that (1) any retracement in oil prices and (2) increase in market sentiment that Fed rate hikes could be paused for a month or two could give the bulls a new charge of electricity.

In a time of possible transition from bull to bear sentiment, I have had some success in the past in finding stocks that have been strengthening yet for whatever reasons remain below the market's publicity radar. Are there stocks out there right now whose strength seems to be divorced from the sources of the market's recent momentum?

There were several decent-looking stocks making new 52-week highs (* = all-time high) even on Friday, which was a second consecutive big down day for the overall market.

ACTS* - China chip maker, rumored supplanting PortalPlayer as iPod supplier
AEHR - flash memory chip package test equip, raised earnings guidance, but low daily volume
AMSF* - rising profits, low daily volume, small/growing workers comp insurer
ARJ* - rising profits, anti-microbial chemical co.
FLA* - profit jump, commercial real estate and railroads (strong sector) in Fla.
JTX* - raised earnings guidance, franchise tax prep service
LNDC - corn play (ethanol momentum?), increasing volume trend
SAFT* - raised earnings guidance, insurance
SMXC - low daily volume but rising profits, trucking co. (strong sector)
TGI* - aircraft parts (hot sector), doubled qtr's profits, pumped by Cramer

[diogenes]

I like AEHR.

Elder Bull is greater than the previous day’s value (good sign) and the Elder “Market Thermometer” is below the 13 EMA, which is a buy signal according to the Elder system.

The fun part:

The exponential/ Regression relative strength model I have been playing with when set to 3 standard deviations below the mean gives a really nice score.
So it should be a "safe" play and with the buy signal might be a very nice one.

[DSteckler]

AEHR is completing a large cup on the weekly chart.

[ParkTwain]

Doubled up in LMIA this morning. Opened small long position in SBUX.

[dmk112]

Parktwain, SBUX looks bearish to me, why did you take the long?

[ParkTwain]

Granted, this is definitely not my preferred play or setup. I have been watching SBUX since its breakout above about 32/sh. I see that in early March 2006 good support was put in at about 35/sh after that breakout. I missed the dip that happened before the current retracement because it didn't get down quite close enough to 35/sh at that time. This time it has. I might be premature, but I think that there is great pent-up bullish energy for this stock. I see the shares being in an uptrend for the foreseeable future because of the company's impressive growth in store openings along with sales and cross-sales successes in existing stores. Yesterday's intraday turnaround was enough to get me into the market. So this is about 55% a fundamentals play and 45% a technical play. I will add to it as she rises if I am right. I didn't make a big bet at this time.

Of course, JSDA, sold in every SBUX store, has got the killer chart right now. Looking for a good entry there as well.

[ParkTwain]

LNDC has been behaving very well this week in an overall down market. Couldn't resist taking a new long position this morning. This one was listed in my post of a couple of days ago.

Also long GFF at 28.38 as of a couple of days ago.

[Runner]

I like SBUX and if 35 holds I think it has a chance at the 40 area. ParkTwain what you think of SBUX action?

[diogenes]

Parktwain, SBUX looks bearish to me, why did you take the long?


The Wagner Weekly has SBUX as a short.
From the free weekly newletter they send out:

"# Industry - Restaurants
# Side - Short
# Stalking since - May 17
# Timeframe - 5 to 10 days (swing trade)
# Trigger - 35.84
# Target - 32.60
# Stop - 37.94"

Edit: A bit more info from the above:

"# Notes -

o SBUX has dropped almost 15% after setting a new 52-week high on May 5.
o These failed breakout attempts often lead to steep drops, trapping those who bought near the highs.
o The 50-day moving average is now above and should provide resistance.
o Our short entry is below yesterday's low minus some wiggle room.
o The buy stop is placed above the 50-day m.a. (about 1.5 ATR's from our entry)
o Trade expectations - We are looking for a quick drop to 32-33 area."

I think skiracer has the pay subscription to the site. So, there be more information about the trade.

[Runner]

I was thinking long over 36.50 but who knows..

[ParkTwain]

Maybe the near-term short swing trade is the better trade. I had been looking at the basing at about 35.00/sh going up to March 13 as the currently operative support. That basing took place over 5 or so sessions. A new short position at a trigger of 35.84 (transgressed 2 days ago), according to the site recommendation that was posted, would be a loss position as of today. (I would have estimated the trigger to be a bit lower.) It bounced Monday at 35.50/sh, and it bounced earlier today at 36/sh. We'll see how it behaves at 36/sh again perhaps before EOD today. I am long at 36.68, so, Runner, I was already thinking like you.

Some technical indicators for SBUX today point to more downside expected, but full stochs show a bounce underway. But I have been anticipating that the overall market will bounce back up, which is a different kind of assessment and of course could be mistaken. But notice that the leading economic indicators fell (not expected) last month, as reported today. This would be good for today's market, is my understanding, as it lessens the Fed's drive to keep raising rates.

As for non-technical feelings about this stock, I have noticed that I shouldn't underestimate SBUX management and their ability to grow revs from existing stores. For instance, they will be installing music downloading stations in stores going forward.

[rivercitydan]

I think I heard the last bubble!

Starbux is headed for the bottom.

[skiracer]

The Wagner Weekly has SBUX as a short.
From the free weekly newletter they send out:

"# Industry - Restaurants
# Side - Short
# Stalking since - May 17
# Timeframe - 5 to 10 days (swing trade)
# Trigger - 35.84
# Target - 32.60
# Stop - 37.94"

Edit: A bit more info from the above:

"# Notes -

o SBUX has dropped almost 15% after setting a new 52-week high on May 5.
o These failed breakout attempts often lead to steep drops, trapping those who bought near the highs.
o The 50-day moving average is now above and should provide resistance.
o Our short entry is below yesterday's low minus some wiggle room.
o The buy stop is placed above the 50-day m.a. (about 1.5 ATR's from our entry)
o Trade expectations - We are looking for a quick drop to 32-33 area."

I think skiracer has the pay subscription to the site. So, there be more information about the trade.

Only if you pay for it.

[ParkTwain]

I love it when TA specialists state confidently that a 50DMA will provide resistance (or support). Not if there wer never any significant previous actual transactions at that price! The DMA is a statistic. It can at best *imply* that a point or range of support or resistance *might* exist. But that implication can be misleading. To remedy, just *look at the price-volume chart*! You can see where the actual volume took place. A statistic does not have a memory of a previous buy or sell transaction!

[Runner]

Park I agree with ya on that. I don’t think that anything is magical about the 50 or 200 day moving average other than many people watch it. I guess if the masses watch something it may be worth watching. I think PRICE shows where support or resistance is located.

[ParkTwain]

Very few stocks are bucking the trend the last 3 days. Most are small or regional banks (which I typically disqualify via my breakout screen), with a few acquisition targets, and otherwise miscellaneous teflons. Two stocks I mentioned recently in a previous post, LNDC and ACTS, are still found in today's list of new 52-wk highs:

http://www2.barchart.com/high.asp?=&sort=8&what=ALL&force=high%2easp

If their RSI is holding (or at least not transitioning into a new downtrend) and their volume is holding up, then these guys are showing laudable relative strength and should do just fine if/when the overall market turns up (such as after tomorrow's options expiration).

[diogenes]

(snip) I guess if the masses watch something it may be worth watching.(snip)

That is what I would think. However, there could be investors with enough money that do not care about the MAs.

[ParkTwain]

Does anyone around here know whether any of the free stock screener sites includes Bollinger Band Width as a search parameter?

[DSteckler]

If you discount the value of moving averages, why do you care about Bollinger Bands?

[grebnet]

This isnt really my cup of tea but may help you :
http://www.stockfetcher.com/stockdb/fetcher?p=forum&fid=1006

[DSteckler]

Grebnet, that is a cool site!

[ParkTwain]

If you discount the value of moving averages, why do you care about Bollinger Bands?


I don't look to BBands to identify support and resistance. You know the importance of an indication of a pending major change in price volatility, which is what BBand width can do.

The point of my comment about moving averages was to critique their use to identify points or zones of support and resistance, not the general point that they are "merely" statistics. Identifying points or ranges of support and resistance is best accomplished by identifying the combinations of price and volume that indicate decisions of market participants that move the price to or from a "boundary." A moving average doesn't give you that information, for one reason, because it doesn't reflect the volume aspect of the transactions at all.

[ParkTwain]

One of the most enlightening discussions about trading that I have read so far is Jack Schwager's interview (in "Market Wizards") with Bruce Kovner. Here are some Kovner quotes from that interview:

"The first rule of trading--there are probably many first rules--is don't get caught in a situation in which you can lose a great deal of money for reasons you don't understand."

"Tight congestions in which a breakout occurs for reasons that nobody understands are usually good risk/reward trades. ... If everybody believes there is no reason for corn to break out, and it suddenly does, the chances that there is an important underlying cause are much greater. ... The more a price pattern is observed by speculators, the more prone you are to have false signals. The more a market is the product of nonspeculative activity, the greater the significance of technical breakouts."

"The fact that there are billions of dollars out there trading on technical systems that use moving averages or other simple pattern recognition approaches helps produce many more false signals. I have developed similar systems myself, so that I can tell when the other systems are going to kick in. If it is clear that prices are moving because these billions are kicking into the market, it is a lot less interesting than if a breakout occurs because the Russians are buying."

"Whenever I enter a position, I have a predetermined stop. ... The position size on a trade is determined by the stop, and the stop is determined on a technical basis."

"One of the jobs of a good trader is to imagine alternative scenarios."

"I get a 'guru report' every day. ... I try not to be too much as a wise guy because during major price moves, they will be right for a portion of it. What I am really looking for is a consensus that the market is not confirming. I like to know that there are a lot of people who are going to be wrong."

"I like Marty Zweig. He uses excellent risk control. Unlike some other gurus, he doesn't believe he is predicting the future; he is simply observing what is happening and making rational bets."

"The general rule is: The less observed, the better the trade."

"Whenever a trader says, 'I wish' or 'I hope,' he is engaging in a destructive way of thinking because it takes attention away from the diagnostic process."

[spikefader]

I love it when TA specialists state confidently that a 50DMA will provide resistance (or support). Not if there wer never any significant previous actual transactions at that price! The DMA is a statistic. It can at best *imply* that a point or range of support or resistance *might* exist. But that implication can be misleading. To remedy, just *look at the price-volume chart*! You can see where the actual volume took place. A statistic does not have a memory of a previous buy or sell transaction!That's an interesting viewpoint, and worthy of contemplation. It does seem logical that actual volume at a particular support or resistance location should make a difference. Personally, I attach weight to volume by price, especially at price support and resistance areas. Daily volume also weighs in. I think it's a definate edge to appreciate it from that perspective.

But of course, at the end of the day it's entirely about perception.......and price discovery mechanics may act completely detached from our logic....and strong support or resistance may actually be demonstrated at prices where there is low actual volumebut perceived significant resistance, whether it's a moving average, a trend line or a channel or whatever. The volume in many cases is irrelevant and perception is everything.

[spikefader]

Grebnet, that is a cool site!I'll say! Bookmarked! Thanks Greb!

[ParkTwain]

I guess I visualize support and resistance as "membranes" that can be "thicker" (more volume was transacted over some range of trading sessions) or "thinner" (less volume was transacted over some range of trading sessions). A thicker membrane is more resistant to the price passing through it the next time a testing occurs. There is also a decay factor for the integrity of a support or resistance membrane. Even a strong membrane seems to decay over time, even when it has not been tested during that time, and even when all other market factors tend toward invariant.

When looking at the integrity of a stock's support/resistance levels, one also has to determine how sensitive (i.e., how statistically correlated) a given stock is to other market factors. If its price behavior tends to be meaningfully correlated to some other subset of the market's stocks, its industry sector, or other external market factor, etc., then the predictability of the integrity of the given stock's support/resistance levels likewise must be examined with respect to the integrity of support/resistance levels for those other stocks.

[ParkTwain]

Nice little article about using BBand width and Avg True Range in combination:
http://www.traderslog.com/volatility-analysis.htm

//
Bollinger Bands approach volatility from the perspective of standard deviation. The Bands themselves are plotted a certain number of standard deviations above and below a specified moving average. The most commonly used settings are 20-days for the average and 2 standard deviations of closing price. The result is an envelope of sorts which in theory should contain most trading action.

ATR, on the other hand, focuses not on price, but on total price movement. It takes into account how far the market has moved each day, both up and down, and averages that out over a specified time period (14 days for example). What you get is a measure of how widely the market is swinging as it moves. Markets with small ranges will tend to have low ATR readings, while those with larger ranges will have higher ATR figures.

Because Bollinger Bands and ATR take different approaches to looking at volatility – close to close vs. trading range – they can be used together to provide a fairly comprehensive view of the markets. More importantly, they can be used in a complementary fashion when trading.

The way I use Bollinger Bands is to look at the width of the Bands – the distance between the upper and lower lines. When the Bands are wide apart, it is because there has been a lot of price movement. When they are close together, the market has been range bound. Ranges eventually give way to new trends, so I look for narrow Bands to give me an indication of a market ready to make a significant directional move. (Note: It doesn’t work the same way with wide bands signaling consolidation because of the way trends sometimes progress.)

What ATR brings to the mix is a sense of how aggressive traders are. High ATR readings often mean a lot of speculative trading. They often come about near turning points - especially bottoms – not during persistent trends. Take a look at a weekly or monthly chart of the stock market for the late 1990s and early 2000s with ATR plotted and you can see exactly what I mean.

The way we can use this in combination with the width of the Bollinger Bands is to look for a combination of narrow Bands and low ATR. It is these situations which are most likely to produce sustained moves when the market breaks the range. If ATR is running high, the break might be violent, but it is likely to be short-lived as eventually things will have to calm down. In contrast, a break coming from a low ATR reading is a move that can gradually build without too quickly getting overdone.

At the same time, we can use the changes in ATR to give us an idea of how sustainable a trend is going to be. If ATR rises quickly, that’s a good sign that the move may not last very long. A great scenario is when ATR actually declines during a trend, especially as the Bollinger Bands are widening out. This situation isn’t all that common, but when it happens, the moves can persist for a long time.

As useful as volatility indicators can be in terms of picking out “trend-ready” markets and those likely or unlikely to maintain the current price action, they are not that helpful when it comes to determining direction. The width of the Bollinger Bands can tell us when a break is likely to happen, but they won’t tell us which way. For that we have to use other tools. In my case, I focus on trends and chart support and resistance points. Other people have their own favorite tools.
//

[ParkTwain]

Yesterday's jolt in the markets got my attention. I have not traded since mid-May due to the obvious market weakness (I don't do shorting cause I trade in an IRA). Since then I had been holding less than 1/2 my trading funds in a couple of relatively low-volatility (uninteresting) securities since then. I started freeing up those funds today since they had recovered to a point of less than 10% loss position in total. One of these is LMIA (aerospace subcontracter to Boeing, etc.), which I intend to hold for a while longer. I also just changed jobs, so I've been preoccupied with that situation since late May.

I haven't done a full research pass recently on my preferred data set, but during July out of the corner of my eye I had noticed that AEPI has consistently been strong.

Here is a little screen that I sometimes run (free Java-based screener at Yahoo Finance) when I have been out of the market for a while: trading >50K per day, pps no more than 3% below its 52-wk high, Beta of >1.5, pps between $10 and $75/sh. After today's close here are the results (* = more interesting to me for near-term long trade), ranked in order of Yahoo-reported ROE:

TNP
Greek shipper, pps moved up in late June (news of 6/21?) now at all-time high pps

*ORCL
now trading >15/sh (3rd time since early 2002), chart shows decent strength since pps bounced back in late June

AD
acquisition target, announced 7/6/2006

*RDN
very strong 10-year chart, steady pps increase since it passed 2002 high of mid-50s/sh; announced earnings yesterday with positive mkt response, RSI uptrending again

*AHS
staffing service for health care providers, presently a nice ADX setup, rising RSI, new 3-1/2 yr high pps, next earnings rpt on 8/8

DP
being acquired by Siemens

FFFL
bank in WPB, Fla, flirting w/ new all-time high pps, earnings released earlier this week, looks like imminent brkout to me

AACE
acquisition target at 30/sh

IFCJ
acquisition target

BAY
in marked pps uptrend for the last 3 years!

N
Canadian nickel mining co could be either acquirer or the acquired

BAB
Brit Airways, an airliner, no thanks, but a good-looking chart for 18 mos

NWEC
So Dak. nat gas and elec util, chart shows upward stairsteps (or pennants) in its 18-mo lifespan of trading

*OCN
trading at 7-yr high and showed rel str since May 06 mkt weakness, could be time to buy NOW after pps consolidation since ~6/15

RSAS
acquisition target (EMC)

*ORB
satellite maker's pps recovered well during July, now almost back to year 2000 pps, strong technicals and chart right now

VOL
pps made big move during June (news?) to 9-yr high; WATCH

BMR
REIT, steady pps gainer since mid-2004, recent technical strength

[RL]

Great to see you back look foward to your posts

[IIC]

Good to see you are still among the living Park...However, it would be nice if you would post that you are taking a break instead of simply disappearing for 2 months...Best, Doug(IIC)

[ParkTwain]

Quite a number of them in Fri's new 52-wk high list. I noticed a couple in my previous post, and here are a couple more: PPL and LNT. Defensive stocks like MO and CL are strong right now. But I heard a couple of money managers on WSJR w/ M. Bartiromo state that they expect an improving stock market in the 2nd half of this year. "Sell in May and go away" (for the summer).

For the coming week I'm inclined to be long any of: OMCL, FTD (earnings ~8/1), ORB, AHS (earnings rlse ~8/1), ORCL.

[ParkTwain]

Brkouts or continuation of same and with improving technicals, especially rising RSI at about 70

LHCG
TTG - above 5.50, there's no resis through ~15/sh; strong current technicals
ALE - Yahoo's chart is bogus; all-time high is ~50/sh, closed today at 49/sh
CVS
AES
MHS

And the channeling monster of the day: SAFT

[ParkTwain]

Let go my OMCL today after yesterday up and today down to where it started the previous day. It should still work its way up to about 21/sh in the near future, if the markets cooperate, as it fills a gap from early April 2004.

This morning I had put in a limit buy for TTG that did happen to fill after I left home for work. Then I got to watch it rise all day, about 7% worth. I love it when that happens. It better not do tomorrow what OMCL did to me today.

For Wed, I'm inclined to go long any of: LNT, CVS, BAC, AHS. Also still like MO, MHS, INTU, and OCN for new long positions.

I'm watching: AEA (earnings 7/26), ORCL, XOM (earnings 7/27), HRL (wanna see its RSI uptrending again), VMSI (earnings 7/28th), and ALB.

I was looking tonight at a multi-year chart of XOM. I expect blowout earnings on 7/27. It's bumped its head up against $65/sh three times beginning in about March 2005. You gotta think that with another qtr of record earnings this week, it's going to break out above 65ish with a vengeance this time around. Today's close was 65.74/sh.

I'm looking forward to a profitable August and beyond. The previous three calendar years brought especially good results in the market starting that month.

[Websman]

It's good to know that someone else around here works a real job and has to use limit orders... lol

Keep up the great posts! I'm still in cash for now.

[billyjoe]

Webs,
As Maynard G. Krebs would say .......WORK ????????

-----------billyjoe

[ParkTwain]

This morning I did pull the trigger with new long positions in CVS and XOM. Also remain long TTG and FTD. Assuming positive developments tomorrow morning, I may add to XOM and might pick up something like MHS and/or BAC.

I also like this 20-20 hindsight MarketWatch.com article (June 20, 2006) about Louis Navellier.

http://tinyurl.com/mre3v
//
By Peter Brimelow, MarketWatch
Last Update: 12:01 AM ET Jun 19, 2006

NEW YORK (MarketWatch) -- A rip-roaring bull says everything is fine, and he has a great record, too.

Louis Navellier has sort of come out of the closet recently. Twenty years ago, he could easily have been accused of being a nerd, devoted to the quintessentially nerdy Modern Portfolio Theory approach, a highly quantitative system of comparing risk to reward in the small-cap area.

Then he became positively flamboyant, changing the name of his letter, from MPT Review to "Louis Navellier's Emerging Growth", and pontificating about exchange rates and inflation and other interesting but (from an MPT point of view) irrelevant issues.

It's easy to be irritated by this sort of thing. But nevertheless, Navellier is the top-performing letter over the past 20 years, according to the Hulbert Financial Digest, with a lifetime annualized gain of 20.6% since 1985 vs. 12.7% for the dividend-reinvested Dow Jones Wilshire 5000. See Dec. 27, 2004 column

On Friday, Navellier (probably understatedly): "Well, I'm sure a lot of you were relieved to see the big market bounce this week. I want to reiterate what is going on. One week ago Thursday was what is officially called "capitulation day" where the market goes down and then reverses suddenly on no news. All that happened this week is that the market tried to retest those lows from the previous week and it actually made new lows."

(This supports other letters' argument that June 8 was a "key reversal day.") See June 12 column)

Navellier's analysis: "This market went down on fears of inflation and fears of rising rates and also somewhat on fears of a weak dollar, which causes foreign investors to flee. Now inflationary pressures have moderated and we know that June 29th will be the last Federal Reserve rate increase. Finally, regarding the dollar continuing to slide, we've had phenomenal trade deficit numbers that show that it will not happen. In fact, the current account deficit is $22 billion better than was expected."

Navellier's conclusion: "The end of the quarter is called "window dressing season" where institutional managers put good stocks in their portfolios, and our stocks should benefit immensely from that. This is why several weeks ago I picked June 20th as the time to get in--it's the start of the last 10 days of the quarter when our stocks benefit from "window dressing." Then, of course, in early July, we'll have earnings pre-announcement season. From mid-July on, we'll actually have earnings season and everything will be fine.

"So we still have a phenomenal buying opportunity despite Thursday's big bounce. I want you to know that I think the coast is clear and that you have to jump back in - you just have to."

Navellier did indeed pick June 20 as a buying opportunity several weeks ago, but he also said then that May 29 would prove to be the market low.
It's also unclear that he actually makes investing decisions based on these sorts of Big Think considerations. He doesn't actually try to time the market. And, as he said in his June letter of the stocks he was selling: "We are only selling these stocks because of deteriorating reward/risk characteristics. That's it - nothing more than that.'
//

[ParkTwain]

Hey, ski, I'm reading here (http://www.investopedia.com/articles/01/082901.asp) about ETFs and I have a question that isn't answered there. Is there the notion of "net asset value" in the ETF's shares, or is each share a piece of an imaginary "basket" of the shares of all the stocks in that sector? Seems to me that because the ETF is freely traded "just like a stock", its value could get way out of whack versus the currently calculated index of the current market prices of all the shares found in the basket. That would make it one more level of "looseness" versus how those actual shares are trading in a given day/week/month/etc.

Oops, OK, here's the answer, I guess ("how to construct an ETF"):
http://www.investopedia.com/articles/mutualfund/05/062705.asp
//
The Role of Arbitrage
Critics of ETFs often cite the potential for ETFs to trade at a share price that is not aligned with the value of the underlying securities. To help us understand this concern, a simple representative example best tells the story.

Assume an ETF is made up of only two underlying securities:

* Security A, which is worth $1 per share
* Security B, which is also worth $1 per share

In this example, most investors would expect one share of the ETF to trade at $2.00 per share (the equivalent worth of Security A and Security B). While this is a reasonable expectation, it is not always the case. It is possible for the ETF to trade at $2.02 per share or $1.98 per share or some other value.

If the ETF is trading at $2.02, investors buying shares of the ETF are paying more for the shares than the underlying securities are worth. This would seem to be a dangerous scenario for the average investor, but in reality, it isn't a major problem because of arbitrage trading.

Here's how arbitrage sets the ETF back into equilibrium. The trading price of an ETF is established at the close of business each day, just like any other mutual fund. ETF sponsors also announce the value of the underlying shares on a daily basis. When the price of the ETF deviates from the value of the underlying shares, the arbitragers spring into action. If the underlying securities are trading at a lower price than the ETF shares, arbitragers buy the underlying securities, redeem them for creation units, and then sell the ETF shares on the open market for a profit. If underlying securities are trading at higher values than the ETF shares, arbitragers buy ETF shares on the open market, form creations units, redeem the creation units in order to get the underlying securities, and then sell the securities on the open market for a profit. The actions of the arbitragers set the supply and demand of the ETFs back into equilibrium to match the value of the underlying shares.

Because ETFs were used by institutional investors long before they were discovered by the investing public, active arbitrage among institutional investors has served to keep ETF shares trading at a range that is close to the value of the underlying securities.
//

OK, now I'm going to do some reading about ETF arbitrage...

OK, I just posted over on the $MM$ board's "What Do You Think of MM's System" thread my notes about this paper, which describes how a team created a neural-network applciation to predict and act upon certain narrowly defined ETF arbitrage opportunities:
http://www.kellogg.northwestern.edu/faculty/jagannathan/teaching/practicum/2004/files/Final-Reports/ETF%20Arbitrage%20.pdf

Here is another interesting article ("How Effective Is Arbitrage of Foreign Stocks? The Case of the Malaysia Exchange-Traded Fund") where a researcher examines a situation in the Malaysian stock market where ETFs existed but what happened to the ETF arbitrage premium during a period when the Malaysian government prohibited the operation of arbitrage. Here is paper's conclusion:

http://www.findarticles.com/p/articles/mi_qa3674/is_200310/ai_n9302097
//
This article tests the efficacy of fund arbitrage by examining the impact of the only extended suspension of arbitrage in an ETF [the iShares Malaysia Fund]. The capital controls imposed by the Malaysian government caused the managers of the iShares Malaysia Fund to suspend in-kind creations or redemptions of shares. In the period before the Asian financial crisis, the share price closely followed the portfolio value. During this time, 90 percent of the premiums were between -0.37 percent and 2.24 percent. After arbitrage was restricted, the absolute value of the daily premiums increased substantially, and the 10th percentile was -23.84 percent and the 90th percentile was 18.91 percent.

The primary conclusion of this study is that the fund-facilitated arbitrage feature is surprisingly successful in minimizing premiums, especially considering the transaction costs involved in an arbitrage. Without this check on the domestically traded share price, the shares in an international ETF could exhibit characteristics of closed-end country funds, which often trade at prices substantially different than their values. This would likely limit the diversification benefits of international ETFs.

This study has important implications for the evolution of exchange-traded funds, the number of which is expected to expand significantly in the next five years. New international ETFs will almost certainly invest in emerging markets since funds already exist for the major developed countries. The sec has already received filings associated with the offering of international ETFs for several countries in Eatin America and Southeast Asia. Investors in such countries are more likely to be impacted by capital controls and currency crises; these events may impede the arbitrage of ETFs and prevent investors from receiving prices in the domestic market that reflect the value in the foreign market. The experience in Malaysia demonstrates that such risks are real and can cause ETF premiums to exceed 30 percent.

This study also has implications for the domestic ETF market. The SEC recently published a concept release in formulating the rules on actively managed ETFs (SEC, 2001). Currently all U.S. ETFs track an index, but actively managed funds will allow a fund manager to determine the fund's investments. The share arbitrage of an actively managed fund is problematic because actively managed funds traditionally don't have adequate portfolio transparency to permit arbitrage. Regulators should be aware that the popularity of actively managed ETFs may depend on creating a vibrant arbitrage market in the fund shares. This study shows that without an effective in-kind arbitrage process ETFs can trade at significant premiums.
//

[ParkTwain]

BDX (my POTW pick for week of 7/31)
CPO
DLP
KNOL
LFC
LMIA (recently traded for no gain)
LNDC (recently traded for minor loss)
NGPS
NTY
NUHC
RMKR
STAN
TYL
WNR

Last week's watch list:
AHS (earnings anncmt 8/7)
ALB
BAC
HRL
INTU
LNT (earnings anncmt 8/3)
MHS (earnings anncmt 8/4)
MO
OCN
ORCL
VMSI

My present long positions:
CVS (earnings anncmt 8/3)
FTD (earnings anncmt 8/9)
TTG
XOM

[ParkTwain]

No news from the company. Yahoo chat board observers of the stock seem to anticipate a possible product deal with Freescale Semi.

[ParkTwain]

...scan for Monday 7/31. Almost none of the stocks this scan picks up these days is already in an uptrend. That said, here are the most interesting charts (turnaround prospects) to me:

EPIX
FTRS
GEHL
TFSM
UCTT

[ParkTwain]

Plenty of candidates to make long money on these days. Just keep looking! Some of these are from StockCharts.com "Parabolic SAR new buy signal" scan, others are making new 52-week highs.

BGF ("oasis" stock, food biz, growth but also defensive)
ISYS (acquisition target?)
LTR (defensive)
LOGC (turned profitable)
MIGP (insurance)
MKC (food, defensive)
NFS
PGTI (wind-resis windows, sales growth in hurricane country)
PSPT (earnings beat expectations)
RGA (reinsurance)
RNWK
TRMA (offshore oil services)
VTRU (earnings beat expectations)
XPO (earnings 8/03)

[ParkTwain]

Here are few more to keep track of for new long positions. These are either imminent breakouts that are showing improving technicals, or recent breakouts (this week) that should be watched for a near-term pullback.

Go long sooner rather than later:

CMX (imminent brkout)
CNL (Louisiana pub utility, imminent brkout, defensive)
GSTL (buy pullback ~19/sh)
IMA (strong recent op performance; P&G deal announced in July could be big win)
SWHC (Smith&Wesson, well known on this board; PEG of 0.50!)

Watch these:

AFG
AMIE
CMP
DVA (from stockcharts.com "parabolic SAR Bull" scan)
ITC (from stockcharts.com "parabolic SAR Bull" scan)
MDRX
MWA
OPEN (from stockcharts.com "parabolic SAR Bull" scan)
SPTN
WTS (from stockcharts.com "parabolic SAR Bull" scan; highest 1-day vol in stock's history yesterday, on earnings rpt; perhaps this goes in the list above instead)
XRAY

Also, "little Berkshire" LUK is trading at its 200DMA, which is a rare occurrence.

[peanuts]

Here are few more to keep track of for new long positions. These are either imminent breakouts that are showing improving technicals, or recent breakouts (this week) that should be watched for a near-term pullback.

Go long sooner rather than later:

CMX (imminent brkout)
CNL (Louisiana pub utility, imminent brkout, defensive)
GSTL (buy pullback ~19/sh)
IMA (strong recent op performance; P&G deal announced in July could be big win)
SWHC (Smith&Wesson, well known on this board; PEG of 0.50!)

Watch these:

AFG
AMIE
CMP
DVA (from stockcharts.com "parabolic SAR Bull" scan)
ITC (from stockcharts.com "parabolic SAR Bull" scan)
MDRX
MWA
OPEN (from stockcharts.com "parabolic SAR Bull" scan)
SPTN
WTS (from stockcharts.com "parabolic SAR Bull" scan; highest 1-day vol in stock's history yesterday, on earnings rpt; perhaps this goes in the list above instead)
XRAY

Also, "little Berkshire" LUK is trading at its 200DMA, which is a rare occurrence.

I will have to do some research on these. I'll let you know which ones I like best. LOGC looks interesting at first glance. There is a lot of room for more volume to come in.

[ParkTwain]

... "You Can Be a Stock Market Genius" (1997). It's a lot of fun and so far I can recommend it to anyone who has some facility in the market. Spinoffs, rights offerings, corporate restructurings, stuff like that.

This is same author who put out "The Little Book That Beats the Market" last year. I've been giving that one out as high school grad presents.

[ParkTwain]

Stocks trading at least 100K/day, $5/sh < pps < $15/sh, within 3% of 52-week high (using Yahoo's Java screener):

(+ = forward P/E under 15; * = beta > 1.50)

+AHR
*CRA
*DYN
+HIH
*MENT, +MPW
+NRF
+OHI
PBNY
TYL

[skiracer]

Stocks trading at least 100K/day, $5/sh < pps < $15/sh, within 3% of 52-week high (using Yahoo's Java screener):

(+ = forward P/E under 15; * = beta > 1.50)

+AHR
*CRA
*DYN
+HIH
*MENT, +MPW
+NRF
+OHI
PBNY
TYL

Park,
Take a look at Businessweek.com's advanced screener if you haven't already.
http://prosearch.businessweek.com/businessweek/general_free_search.html?mode=advanced. Lots and lots of variables and plugins available.

[ParkTwain]

http://news.yahoo.com/s/ap/20060807/ap_on_bi_ge/oil_field_shutdown

//
ANCHORAGE, Alaska - In a sudden blow to the nation's oil supply, half the production on Alaska's North Slope was being shut down Sunday after BP Exploration Alaska, Inc. discovered severe corrosion in a Prudhoe Bay oil transit line.

BP officials said they didn't know how long the Prudhoe Bay field would be off line. "I don't even know how long it's going to take to shut it down," said Tom Williams, BP's senior tax and royalty counsel.

Once the field is shut down, in a process expected to take days, BP said oil production will be reduced by 400,000 barrels a day. That's close to 8 percent of U.S. oil production as of May 2006 or about 2.6 percent of U.S. supply including imports, according to data from the U.S. Energy Information Administration.

The shutdown comes at an already worrisome time for the oil industry, with supply concerns stemming both from the hurricane season and instability in the Middle East.

"We regret that it is necessary to take this action and we apologize to the nation and the State of Alaska for the adverse impacts it will cause," BP America Chairman and President Bob Malone said in a statement. ...

Victor Shum, an energy analyst with Purvin & Gertz in Singapore, said he expected the impact to be minimal.

"The U.S. market is actually well-supplied; crude inventories are very high," he said. "So while this won't have any immediate impact on U.S. supplies, the market is in very high anxiety. So any significant disruption, traders will take that into account, even though there is no threat of a supply shortage."
//

[ParkTwain]

Found this weekend:
AEOS, HIH, EGLE, LKQX, HST, CVA

This week's pick: CTCM (Russian media co.)
//
CTC Media, Inc. operates as a commercial television broadcaster in Russia that airs targeted entertainment programming. It operates two networks, the CTC and the Domashny television networks. The CTC Network offers entertainment programming targeted at 6-54 year-old viewers. The Domashny Network offers programming with a focus on issues of interest to women, such as health, raising children, family and career, and style and fashion, as well as Russian movies and foreign series principally targeted at 25-60 year-old female viewers. CTC’s signal is broadcast by approximately 300 television stations and local cable operators, including 14 owned-and-operated stations and 17 unmanned repeater transmitters. Domashny’s signal is broadcast by approximately 100 television stations and local cable operators, including four owned-and-operated stations and two unmanned repeater stations. As of December 31, 2005, the company had contractual programming rights for approximately 11,000 hours of programming. CTC Media was founded in 1989 by Peter Gerwe and is headquartered in Moscow, Russia.
//

7/31/06 qtrly report:
http://tinyurl.com/eqrga

[ParkTwain]

Is this the perfect chart (not to mention the divvy)? MPW

A couple more beauties making new highs: OMM, SPTN

Old flame: USEY

Back from the dead: CKSW

[Rob]

This week's pick: CTCM (Russian media co.)I like CTCM too. Wish I'd have bought it when ...

WSJ article, 6/2 (http://www.mrmarketishuge.com/showpost.php?p=53775)
Prospectus Info. (http://www.mrmarketishuge.com/showpost.php?p=53931)

[ParkTwain]

Another one I'm liking this week is GSTL. CTCM or GSTL, decisions, decisions.

[ParkTwain]

I like CTCM too. Wish I'd have bought it when ...

WSJ article, 6/2 (http://www.mrmarketishuge.com/showpost.php?p=53775)
Prospectus Info. (http://www.mrmarketishuge.com/showpost.php?p=53931)


You know my point of view: it's much easier for a strong stock to rise when it is in "blue sky" territory (recently surpassed a previous all-time high) than not.

[ParkTwain]

(Here's a copy of a post I made tonight on IIC's thread.)

I just kicked myself for a little while recently because of a specific kind of situation, but one that happens to me about once a month. This is about being prepared to deal with a GOOD surprise during the trading day.

I tend to want to hold a new long position (I do near-term momentum-oriented breakout setups and long trades only) till I get at least a 10 to 15% gain in each position, depending on the market situation and the mix of positions I have at that particular moment. What has happened to me several times (because I've been "especially" right a few times, I guess) is that the stock spikes up intraday to something close to my sell point, but I just sit there and watch it happening WITH GLEE and think it will just keep going up but then it drops back significantly by the end of trading that day.

What I think I need to do is to go into every new day with a LIMIT SELL order on each of my positions that is about 10% above that stock's opening price. I should do this REGARDLESS OF HOW CLOSE EACH DAY'S OPEN IS TO MY SELL PRICE FOR EACH POSITION. Especially given the market we're seeing lately, a gain of +10% or more FROM THE OPEN on any of my open long positions should be enough to put in my pocket for THAT DAY anyway!

I haven't been doing this so far for a couple of reasons:

* I'm only watching the markets for the first 90 minutes or so, before I head off for work. The downside of these intraday spikes happens later in the trading day.

* I am trading in an IRA, so if I sell, I can't safely use those funds to make another buy for another 3 days (that is, until today's sell clears). By selling I lose access to any further gains in that stock for those 3 days. Thus, to sell would mean that I don't expect the stock to gain much more than that 10% for another 3 days (lots of times that is the most likely outcome, but it depends on that stock's and the overall market's recent behavior).

* I usually open a new long position only on stocks that are making a new all-time high ($$MM$$ board newbies can ask me why later sometime). The intraday spike might occur on unusually high volume, which can be a GOOD SIGN or a BAD SIGN. I can interpret this as a GOOD SIGN in thinking that today's volume means there are a lot of new folks wanting to get involved with the stock and in the aggregate those transactions should serve as a support point going forward after today. Or I can interpret this as a BAD SIGN if later in the day the stock drops way back down to where it opened, or even below (this is an upside down "hammer" in candlestick talk, what is that term?); in other words, that day's action could end up being a bearish reversal and could mean that an important top is being put in just while I was watching.

I guess the stock's intraday volume (up to the time in the day when it reaches my limit sell point) could be the cue as to what I should do when I'm this kind of situation.

In addition to having in place a +10% gain limit sell order in place for each position at the beginning of each day, I could also consider placing a volume-based (rather than a price-based) alert on each open stock position, so I'll be alerted when high volume is occurring in any of my positions.

Of course, for a spiking stock making a fast market intraday, I might not get a fill on my limit sell order that day.

Have any of you guys gone through this kind of quandary, and what did you do about it as to adjusting your intraday trading rules?

//PT

[Runner]

Park just a thought. You could determine the stocks average true range and set a trail stop based off that range. If a volatile move occurs during the day you might get stopped out. However if the stocks volatile move is to the upside you might do well with your stop. If you come home from work and notice your still in the trade and have reached your goals just tighten your stop or leave it for a possible larger gain. You can use Average true range 14X2 or 10X3 or whatever range you wish. I feel the ATR keeps you out of the noise and if you do get triggered out you probably don’t want to be in that position anyway. Another thing you could do is by simply placing a hard stop off the ATR. If your goal of 10% gets hit tighten the stop or place order to sell next day. If your risk is 10% you could also just place a stop off 10% and look for 20% or more to the upside.

Say the ATR is 2.50. Once you have a R1 or 2.50 gain you could scale out half your position and set the rest to break even. This way if the stock continues to climb you still have half a position to capture it. If you do get stopped on the remanding shares no big deal.

Park, you could also use a percentage-based system. This is based off your risk. Say you will risk 10% on the trade. Once you make 10% set stop to even. If it climbs to 15% set stop to +5. You could also get creative with this type of system. If the thing is really taking off you could become as aggressive on the stops as you wish. Of course if your 10% stop gets triggered shortly after entry then your out, but your trade was within your risk (unless gap down).

I think a 10% profit in these choppy times is very good. I like to let the market determine where I’ll be booted from a position. I’ve kicked myself too often by taking profits to fast. On the other hand I feel one needs to use description in this current market..

Last thing with what I’ve been talking about is based off each day and not intraday charts.

[ParkTwain]

Alaska state government expects to go into deficit after 2 months of
reduced oil tax revenues:
http://news.yahoo.com/s/ap/20060810/ap_on_bi_ge/oil_field_alaska_13

//
JUNEAU, Alaska - Gov. Frank Murkowski imposed a state hiring freeze Wednesday [Aug 9, 2006] because of the millions of dollars in revenue Alaska is losing as a result of the Prudhoe Bay oil field shutdown, and said he would support hearings into BP's maintenance practices.

The governor also said he would direct Alaska's attorney general to investigate whether the state could hold the oil giant fully accountable for the state's losses.

Earlier this week, BP said it would shut down Prudhoe Bay — the biggest oil field in the nation — because of a small leak and severe pipeline corrosion. Energy officials have said the pipeline repairs are likely to take months, curtailing Alaskan production into next year.

The expected loss of 400,000 barrels per day at today's oil prices means the state is losing about $6.4 MILLION A DAY IN ROYALTIES AND TAXES, Revenue Commissioner Bill Corbus said.

The state receives 89 percent of its income from oil revenue; Alaska has no state sales tax and no personal income tax. The Prudhoe Bay shutdown will cut in half Alaska's total oil production and the resulting revenue.

Without money coming in from Prudhoe Bay, Alaska's government CAN OPERATE FOR ONLY ABOUT TWO MONTHS BEFORE GOING INTO THE RED, Corbus said.

"BP must get the entire Prudhoe Bay back up and running as soon as it is safely possible," Murkowski told a joint session of the state Legislature.

BP, the world's second-largest oil company, said it would replace 16 miles of pipeline that carries oil from Prudhoe Bay to the 800-mile Trans-Alaska Pipeline. The Prudhoe Bay field accounts for 8 percent of U.S. domestic output.

"We obviously apologize for the impact this is having on people, and we regret having to take these actions, but our focus is on safe operations and environmental protection, and that's the reason why we've undertaken the action we have," BP spokesman Neil Chapman said.

Because oil demand is so high and the nation's petroleum supplies are so tight, the shutdown has already driven oil prices up and could mean higher prices at the gasoline pump as well.

Three Democratic legislators released a letter to Murkowski calling on the governor to hold hearings and have BP officials explain under oath what they did, or failed to do, to maintain Prudhoe Bay's pipelines.

"Absent hearings, during which witnesses are sworn under oath and relevant documents are subpoenaed, the public may never learn the truth," the lawmakers said.

Murkowski said he would support the idea and "I fully expect hearings to occur."

Murkowski questioned why BP abruptly shut down the entire Prudhoe Bay field after finding a leak of only four to five barrels.

"What did BP learn last Sunday that it did not know previously that would cause BP to take such precipitous action?" Murkowski asked. He complained also that the state was not consulted before the decision was made. ...
//


Article from May 2006 in Petroleum News (pp. 10 ff), corrosion in BP pipeline is due to microbial (sulfate reducing bacteria) activity; also discusses sludge in pipes, why Alyeska pipeline (across Alaska) doesn't want to receive what is scraped out:
http://www.petroleumnews.com/pdfarch/41710489.pdf


Letter (and other rehashed paperwork) by federal pipeline safety regulator re: BP's lack of responsiveness since March 2006 pipeline leak:
http://www.phmsa.dot.gov/news/BarretttoDingell07-26-2006.pdf


Rep. Dingell of Michigan had gone to Alaska in April 2006 to investigate the March 2006 spill:
http://www.boston.com/business/articles/2006/04/07/congressmen_probe_alaska_pipeline_spill/

[JohnHenry]

Have you eaten at The Original Pancake House in Henderson? My grandfather takes me there every Saturday morning after his golf game. I’ve been there four times this summer. So far this place serves the best omelet. I think they use ostrich eggs for the omelets because I eat the take home for dinner and for breakfast for the next morning. Anyway there’s not much to do here if you can’t drive or gamble.

[ParkTwain]

Hi there! I've eaten at the OPH in the Green Valley Station casino and at one in the west side of LV. Yeah, I think they do a pretty good job on their omelets, which can be pretty large.

[ParkTwain]

Using this stock scan:

-----------------------------------------------------------------
Current PPS between 10 and 50
*Current PPS no more than 5% under 52-week high
Average daily volume >= 100K
Beta >= 1.0 (stock moves at least in sync with the overall market)
-----------------------------------------------------------------

*I have found this particular parameter to be provided only by the Yahoo Java-based stock screener. Please let me know whether it's also found elsewhere. I find it to be a very valuable aid to my stock-picking methodology.

My stock-picking thesis: I'm looking for stocks that have made, or appear about to make, a new all-time high (ATH) price per share (PPS), with respect to surpassing a previous ATH price of at least 30 trading days ago. Such a breakout on above-average volume gives better than average probability of at least a 10% gain in the relatively near future (2 weeks or so), with good safety that the PPS won't fall again below that previous ATH PPS. I want to get that 10% to 15% quickly and with good safety. Of course, any breakout above previous resistance is a good thing, but when the breakout is to a new ATH PPS (that is, no further overhead resistance exists), a strong stock (that is, having a high absolute RSI measure) is more likely to gain PPS **at a faster rate** than had occurred previously on its price chart.

Regarding interpretation of the ADX, etc., I have found that a low absolute -DI measure is the most important factor that correlates with success in a long position (that is, a PPS gain!). If the +DI is also low, then when it rises the PPS will go with it as long as the -DI stays low; this makes for a safe play because it indicates very weak selling pressure inhibiting the PPS rise. Declining -DI and rising +DI is the best situation. The longer in time that the -DI stays at a low absolute meaure (such as <12.0), the more likely the PPS will continue rising. Some traders watch for +DI/-DI crossovers, but I believe if that crossover occurs at too high a measure (such as above 15.00) the results are not as reliably bullish.


I open a Yahoo "max timeframe" stock price chart, then I also open a chart such as this one ( http://tinyurl.com/zt9ud ) that presents RSI, daily PPS, daily volume bars, and ADX (+DI for buying intensity, -DI for selling intensity). Using these, as of the close on 11 Aug 2006, I made the following assessments:

Y = good candidate for new long position
M = maybe, WATCH it first
N = disqualified


Y AHR (finance) sideways RSI, sideways -DI 13.66, PPS 12.72 w/ b/o at 13,
resis in early 2004

Y BAP (finance) inclining RSI 72.96, declining -DI 9.82, PPS 33.10,
ATH b/o >30.00 in late July 2006

Y CVA (energy) inclining RSI but topping, declining -DI 13.95,
b/o to ATH 6 sessions ago

Y CVS (retail) inclining (topping?) RSI 65.47, sideways (but low) -DI 12.31,
PPS 33.97, passed ATH of 31.00 in mid-July

Y DFG (finance) inclining RSI 65.54, declining -DI 15.05, sideways PPS
38.00 in Aug 2006, ATH b/o 36.00 in late July 2006

Y EBF (bus forms) declining RSI 53.39, declining -DI 16.04, PPS 19.40,
ATH 22.00

Y EXR (slf-stor) sideways RSI 59.88, declining -DI 17.36, PPS 16.46,
ATH 17.00

Y GEO (prisons) inclining RSI 63.82, declining -DI 13.76, PPS 42.17,
b/o to ATH 2 sessions ago

Y GISX (ofc tech) inclining RSI 55.26, declining -DI 13.15, ATH b/o late May
2006, then retrace, then rebound far early Aug 2006

Y MON (chem) inclining RSI 60.84, declining -DI 13.38, PPS slight
pullback from ATH 8 sessions ago

Y OCN (finance) inclining RSI 71.76, declining -DI 7.16, PPS ~15,
next resis (1999) ~28

Y PBKS (bank) inclining RSI 58.03, declining -DI 11.60, ATH b/o mid-July
2006, retrace, then rebound 2 sessions ago

Y SBS (water ut) inclining RSI 67.38, declining -DI 14.04, imminent ATH b/o
>27.00

Y SJR (cable sys) inclining RSI 55.48, declining (but reversing) -DI 16.08,
PPS 29.41, just passed ATH of 29.00 ~10 sessions ago

Y SNX (IT tech) slightly declining RSI, declining -DI 8.86,
trading only since Jan 2004, PPS 20 w/ ATH b/o above 24,
INTERESTING TECHNICAL DIVERGENCE (declining RSI, rising or sideways PPS, declining +DI and -DI), which I would consider bearish for the stock if it weren't for the low (and declining) absolute -DI measure. I classify a low -DI stock with also a declining +DI as a "buyer's strike" situation; these often resolve with the buyers returning later, causing a PPS increase.

Y STD (bank Spain) inclining RSI 57.90, declining -DI 23.01, PPS 14.94,
immiment return to ATH 15.50

Y TROW (funds) inclining RSI 71.59, declining -DI 11.21, PPS 42.32,
imminent b/o to ATH 43.00

Y WIBC (bank) sideways RSi 62.39, declining -DI 14.15,
imminent ATH b/o



M AES (utility) fluctuating RSI 56.34, -DI 18.96, next resis ~40

M AYE (utility) sideways RSI 67.42, sideways -DI 15.05, PPS 41.65,
next resis (2001) of 55.00

M BAY (pharm) sideways RSI 61.34, declining -DI 18.73, imminent ATH b/o
> 50.00

M CRA (biotech) declining RSI 55.52, sideways -DI 18.41, PPS 13.14,
next resis 15.00 and ~23.00

M CVG (services) recovering RSI 54.89, declining -DI 11.55, nr 3-yr high,
PPS 19.12, next resis >30

M ISSX (sw) inclining RSI 67.86, sideways low -DI 14.11,
PPS 25.52 at 3.5-yr high, next resis 35 to 40

M NG (gold mine) declining RSI 65.72, declining (but reversing) -DI 12.38,
PPS 16.61 now sideways, ATH 17.00

M OHI (REIT) inclining RSI 60.08, choppy -DI 15.51, PPS 13.71,
next resis at 14.00, ~26.00

M OKE (nat gas) inclining RSI 69.30, declining -DI 6.90, PPS 38.83,
b/o to ATH 34.00 in early July 2006

M PLCM (comms eqp) sideways RSI 54, -DI 17.21 nontrending,
imminent 2y high b/o at ~24, next resis at 40

M PR (invstmts) inclining RSI 62.35, declining -DI 14.04, PPS 17.45,

M PRSP (bank) inclining RSI 59.78, declining -DI 10.59, PPS 35.00,
b/o above base of 32.00 in early May 2006

M RKT (packaging) slightly inclining RSI, -DI 14.49 slightly declining,
PPS 17.83, b/o above ~20

M SEIC (funds) choppy RSI 57.21, choppy -DI 16.60, PPS 48.87,
next resis 60.00

M SHPGY (pharm) inclining RSI 65.22, declining -DI 17.98, imminent b/o over
5-yr high of 50.00, next resis ~60.00



N BLI (retail) inclining RSI, -DI 13.41, far below ATH

N BMC (sw) including RSI 60.16, -DI 10.51, far below ATH

N CHL (cell ph) inclining RSI 63.62, declining -DI 17.75, far below ATH

N DDS (retail) inclining RSI 60.76, declining -DI 15.72, PPS 31.32,
far below ATH

N EMT (telecom) sideways RSI 56.60, declining -DI 13.18, far below ATH

N IDTI (chips) inclining RSI 61.34, -DI 11.40, far below ATH

N KR (retail) declining RSI, far below ATH

N MAT (toys) declining RSI 58.36, declining -DI 13.74, far below ATH

N MENT (tech) RSI flat at 62, -DI 12.75 and declining, far below ATH

N NFS (insurance) inclining RSI 64.23, declining -DI 9.59, PPS 45.73 below
ATH ~52.00

N ORCL (sw) flat RSI, -DI 12.38, far below ATH

N PSO (publishing) inclining RSI, far below ATH

N RSYS (hw tech) inclining RSI, declining -DI 11.51, far below ATH

N SYKE (services) inclining RSI 64.8, -DI 16.85, far below ATH

N USB (bank) topping RSI 54.78, rising -DI 21.92, PPS 31.90, ATH >35.00

N AD (merger target)
N ADRX (merger target)
N DQE (merger target)
N FFFL (merger target)
N FILE (merger target)
N MIK (merger target)
N MROI (merger target)
N NWEC (merger target)
N PETC (merger target)
N RSAS (merger target)
N RYAN (merger target)
N RWY (merger target)
N SAX (merger target)
N TMG (merger target)
N TRZ (merger target)

Finding 18 "Yes" candidates is not bad for a market that has been acting so weak lately. I will examine each of these more closely, watching for any warning signs such as a current weak industry sector, a company in another country with iffy economic/political stability, high historic P/E for that stock, price and/or volume volatility (prefer steadily rising daily volume) in the past few weeks and months, etc. I will probably choose one of these as my new POTW selection.

There are several excellent-looking charts in this weekend's "Maybe" and "No" groups as well, but in no case did any of those charts present an obvious previous ATH that the recent price action is encountering, or has encountered and surpassed on above-average volume. Thus, I would say that the rising price (even with many or all of the relevant techical indicators indicating a "green light") is not a safe (that is, RELIABLE) play for me; that stock could turn around in short order and give back all its gains because there is no obvious support price level. I don't have the time or the inclination to do the fundamental research that would give me the confidence to open a new long position in a stock that has been going up non-stop for 6 to 12 months with no obvious previous ATH that the PPS has encountered and surpassed (so that it acted as resistance, then support) recently.

From my experience of going on 10 years in the stock market as an individual trader, I have found that at almost all times in the overall stock market bull/bear cycle, I am able to find more stocks that meet my preferred criteria than I can open positions in; thus I am loathe to use any other criteria for making my stock trading decisions.

[peanuts]

I want to get that 10% to 15% quickly and with good safety.

Dude! Have you looked at my MOMO posts? I am averaging 20% gain per trade, and each position has been held for about a month, some much less, and a few a little more.

Good luck with this screen, but be careful of Yahoo! I once bought a stock, GRRF, because Yahoo! posted great looking numbers for the stock. But when I did some further research on the company, I found out that Yahoo! was wrong.

[IIC]

Hi there! I've eaten at the OPH in the Green Valley Station casino and at one in the west side of LV. Yeah, I think they do a pretty good job on their omelets, which can be pretty large.

Park...Are you sure you weren't at the bar???...It is the Green Valley Ranch.

Yes...I know Station owns it...Just giving you a hard time...Doug(IIC)

[Runner]

Park interesting list you have. I placed your list into my database and coded a standard 14-day RSI and put into a Delta Relative format. Here is what I mean by the Delta. I put the following parameters to the chart.

Stocks 14RSI
Lists 14RSI
Difference of stocks RSI Vs Lists RSI this compares stocks RSI with list.
I don’t have the code for ADX yet.
I then added an advance decline line to your list and it looks, as 6/23/06 was the bottom point for your list. Value of AD line was 74 with current=96. List current RSI=63.17 Was 47.05 on 6/23/06.
Note RSI of list is currently making a 5-month high. Last highest RSI was on 1/27/06 at 65.33

Your stock selection looks awesome!!!

[Runner]

I like OCN on a possible pullback. This stock meets my criteria. I see it had triggered on 8/2/6 around 14.05. Sector action not looking to hot though..

[ParkTwain]

Dude! Have you looked at my MOMO posts? I am averaging 20% gain per trade, and each position has been held for about a month, some much less, and a few a little more.

Good luck with this screen, but be careful of Yahoo! I once bought a stock, GRRF, because Yahoo! posted great looking numbers for the stock. But when I did some further research on the company, I found out that Yahoo! was wrong.


My trading account was up just under 100% for 2005, so I have confidence at this point in my methodology.

Also, notice that none of the parameters to my scan use Yahoo fundamental data.

[Runner]

http://img130.imageshack.us/img130/6759/parkdl5.png (http://imageshack.us)

http://img126.imageshack.us/img126/753/parkrsizw1.png (http://imageshack.us)

[ParkTwain]

Well, thanks, but remember I'm not claiming any credit for performance before I posted the picks. I wouldn't have picked those stocks if they hadn't already shown strength up to that point (last Sunday)! The issue is how they do going forward from last Sunday, right?

[ParkTwain]

I like OCN on a possible pullback. This stock meets my criteria. I see it had triggered on 8/2/6 around 14.05. Sector action not looking to hot though..

Yeah, I shoulda bought OCN 2 weeks ago. I thought it might be a slow mover, but it has been steady since then. When it moved out of that little base in mid-July, kaplowww! I shoulda been there ...

[ParkTwain]

Park...Are you sure you weren't at the bar???...It is the Green Valley Ranch.

Yes...I know Station owns it...Just giving you a hard time...Doug(IIC)

Some people call it "station" because Green Valley Ranch is also the name of a development nearby.

Is this what it's like to have a conversation with you, for pete's sake?

[IIC]

Some people call it "station" because Green Valley Ranch is also the name of a development nearby.

Is this what it's like to have a conversation with you, for pete's sake?

As a matter of fact it is Park...Why is everybody around here so defensive or on edge lately anyway???...Mr. Nitpickey

PS...Actually nobody needs to answer that ???...I know why it is...It is because people are not doing well in the market...Heck, I'm not doing well overall this year either...And yes...I get a little moody sometimes over it too...But overall, I'm still the same guy...Bad times are temporary...I've been thru bad times many times...all part of the game...Get over it...No problem...It always gets better for those that never quit.

[ParkTwain]

http://www.thekirkreport.com/

ALVR, ATHR
BRKS, BRCM, BWNG
CA
DKS
EZEM
F
ISE
JDSU
KONG
MNRO, MW
NRMX, NTLI
ODP
QCOM
RSH
SPWR, STP
TLB, TOMO
USMO
VRNT

[Rob]

Nice-looking charts on those, Park.

http://img65.imageshack.us/img65/1766/anl2.png (http://imageshack.us)

[ParkTwain]

Very good! You are really sharp with da graphics.

After eyeballing all charts at The KirkReport page, it seems that in each case the PPS has moved up to meet a downtrending 50DMA. That's a pretty coarse criterion, but it's obviously catching a lot of stocks.

As Mr. Kirk posted this morning:

//
The bulls can't blame the headlines which have been falling right into place for them all this week. First, we have Middle East peace and then inflation headlines that have taken the fear out of the market. Combine that we a group of traders who've been religiously shorting and selling into strength, and it is difficult to imagine a better script to play out for the bulls as the sheer majority remain wrongly positioned (including yours truly). While we should begin to see more option expiration related activity today (i.e. more volatility), the bulls certainly have the ball. It's been awhile since that we've seen that.
//

[ParkTwain]

From a couple of e-mails I sent recently:

//
Did you see my post where I go on about paying attention to the absolute reading (such as about <10.0) of the Negative Directional Indicator (-DI) measure? I really do think it is a key to having some success with the candidate stocks that my approach finds. But I certainly don't know how to scan for that particular measure, as it is a component of another measure.

As discussed here:
http://www.stockcharts.com/education/IndicatorAnalysis/indic_ADX.html

[[
ADX is derived from two other indicators, also developed by Wilder, called the Positive Directional Indicator (sometimes written +DI) and the Negative Directional Indicator (-DI).

When the ADX Indicator is selected, SharpCharts plots the Positive Directional Indicator (+DI), Negative Directional Indicator (-DI) and Average Directional Index (ADX). With the Red, White and Green color scheme on SharpCharts, ADX is the thick black line with less fluctuation, +DI is green and -DI is red. +DI measures the force of the up moves and -DI measures the force of the down moves over a set period. The default setting is 14 periods, but users are encouraged to modify these settings according to their personal preferences.

In its most basic form, buy and sell signals can be generated by +DI/-DI crosses. A buy signal occurs when +DI moves above -DI and a sell signal when -DI moves above the +DI. Be careful, though; when a security is in a trading range, this system may produce many whipsaws. As with most technical indicators, +DI/-DI crosses should be used in conjunction with other aspects of technical analysis.

ADX combines +DI with -DI and then smooths the data with a moving average to provide a measurement of trend strength. Because it uses both +DI and -DI, ADX does not offer any indication of trend direction, just strength. Generally, readings above 40 indicate a strong trend and readings below 20 a weak trend. To catch a trend in its early stages, you might look for stocks with ADX that advances above 20. Conversely, an ADX decline from above 40 might signal that the current trend is weakening and a trading range may develop.
]]

A particular data series in a particular stock chart really turned me on to what to look for with this particular indicator. Go to stockcharts.com and open a daily chart for the stock RIV for only the dates April 1, 2004 to April 1, 2005. Add the ADX(14) plot to the display. Turn your eye to the interval of about July 1, 2004 to about Feb 1, 2005. Notice the pattern that the +DI and -DI plots make relative to each other over that interval. Then also notice how the interplay of those two plots relates to what the pps was doing at the same time.

This was a situation where a casino company in Las Vegas that owns some land was receiving some publicity about what it might do to either sell the company or develop its land holdings found right on the Las Vegas Strip. There had been several publicized land sales to/from casino companies on that part (the "north Strip") of the Strip. So over this timeframe, traders were bidding up the shares in anticipation of some decision by the company to realize its (apparently) latent value.

The key thing to notice, for me, in this section of the chart is how the -DI plot was ALWAYS STAYING BELOW the +DI plot *AND* the -DI plot was LESS VOLATILE than the +DI plot. This was telling me that (1) there was weak selling pressure present during the timeframe, (2) on the other hand, the buying pressure was coming and going in waves of significant amplitude, and (3) the rise in the pps was obviously very sensitive to the presence or absence of BUYERS ONLY because there were such few sellers. When the pps stalled during that timeframe, it was due only to a "buyer's strike" (that is, an absence of buyers) for a few days at a time. And the absence of any strong selling pressure prevented the pps from declining much at all when the buyers happened to be taking a rest.

So from this I have learned to watch for a downtrending and low-valued -DI measure (such as <12 or even <10) as one of the key differentiators among any set of attractive candidate stocks that are making new ATHs. The longer that -DI stays that low, and especially if it is not very volatile while it is staying that low, the better (in this case, more bullish) the pps is going to behave. Because under my methodology this -DI scenario is being combined with a stock making a new ATH and therefore having no technical resistance, you have an opportunity to make that 10% to 15% or more in an unusually short timeframe compared to other uptrending stocks whose pps is found in other positions relative to their own historical support and resistance levels. I have seen so many charts where an uptrending pps achieves an INCREASINGLY POSITIVE SLOPE after the pps passes the previous ATH on a breakout with above-average volume.
//

E-mail #2:

//
Well, I used to be primarily a RSI indicator kind of guy. (I mostly ignore moving averages and stochastics and MACD and would rather identify pps movements between and beyond resistance and support areas on the stock's chart.) Before, I would simply watch for ATH breakouts on good volume and accompanied by an uptrending RSI in the 60 to 70 range. This scenario indicates to me that I am watching an already relatively strong stock (RSI >60 and rising) but also that its RSI has a good bit of room to rise further (>80) if it really heats up in the future due to intensifying momentum for that stock in the market. When this is the case for a stock that just surpassed its ATH and thus no longer has any technical resistance, it can be a thing of beauty to behold. I've seen it many, many times and have profited from it at least "several" times! This approach has generally served me pretty well.

Now I realize that I need to watch the relationship between the +DI and -DI plots to give me some CONTEXT in interpreting the RSI behavior, even for a relatively strong stock (i.e., pps is generally uptrending).

In the RIV chart that I described to you, you might have seen that the RSI can dip (which of course is a byproduct of some amount of dip in the pps) only due to a WANING OF BUYING INTENSITY but with NO INCREASE WHATSOEVER IN SELLING INTENSITY. That is, a decline in the +DI BY ITSELF can be associated with a pps dip and thus with a dip in the RSI, but the context of that RSI dip is a lot less dangerous to my long position than if the -DI were also to show an increase.

This is a great situation to recognize because it would tell me to stay with that long position through the dip in pps (even if that dip violated some other profit-taking trigger). Also, if I see that this situation has happened in the stock's more or less recent past, but at a time before the ATH breakout happened, it would give me some evidence of how that stock's pps behaved under that combination of circumstances, and thereby offering me either greater or lesser confidence in how that stock might behave going forward through the probable breakout and beyond.

I think that the discussion at stockcharts.com and elsewhere in the TA literature about using an ADX +DI/-DI crossover as a buy or sell trigger is marginal advice, maybe only relevant for the nimblest of momentum and reversal traders. Rather, I would say you need to be aware of the absolute magnitude and trending of the -DI plot to be able to interpret the latent strength in a stock's trend, even through a near-term pps dip.
//

Regards,

//PT

P.S. Take a look at the OCN daily chart (use the same plots described above for the RIV chart example) since about April 1, 2006 though the present. You can see a very similar +DI and -DI interplay taking place, AND you are also seeing a stock in a very strong uptrend!

[Rob]

Park, that is excellent stuff. Thanks for the write-up. I've recently been paying more attention to the DMIs, and have noted some of the very things you mention.

[ParkTwain]

What's it gonna do next?

[ParkTwain]

Quite a few nice new long candidates involving new all-time high (ATH) breakout possibilities. All the "best candidates" have the most positive technicals (RSI, ADX +DI and -DI, and volume trends) for producing good near-term gains. These are not pure momentum plays, but rather "strength" plays with support. See my most recent posts on this thread for explanations.

Best candidates:

BBV - (Spain, banking) recent ATH breakout; gets 40% of $20B business of worker remittances from U.S. to Mexico; owns the No. 1 bank in Mexico.
http://iblnews.com/story_en.php?id=15703

BRS - (oil serv helicopters) CAVEAT: new pref stock sale pending
CPRT - (salvage auto sales, etc.)
CVG - (sw) high headroom to next resis, nice technicals right now
GEO - (oil serv)
HURN - (biz consulting)
MON - (chemicals, genetic mod crops)
SAIA - (trucking) relatively new issue
SJR - (Canada, cable TV) recent pullback from ATH, time to buy
SNH - (REIT) 6.7% div, just added to S&P mid-cap 400
TDY - (defense, etc.) undervalued based on earnings momentum
TRMB - (GPS sys)
UIL - (elec util) shedding crummy businesses, 4.9% div, but low avg daily vol


The "almost" list; watch these for imminent breakout but with pullbacks. These are pre-ATH breakout stocks that tend to have either extended ADX +DI measures or declining ADX -DI measures (which is good) that haven't based yet.

AXS - (Bermuda, insurance)
AYI - (lighting, etc.)
BGC - (cable wire)
EPR - (REIT)
EXR - (REIT)
FPO - (REIT)
JBX - (retail fast food) undervalued, low PEG, restaurant count growth
LDG - (retail drug stores)
LTR - (conglomerate)
NRF - (REIT) 10.0% div (NOT a misprint!)
PBNY - (bank) probable buyout target?
SBS - (Brazil water util)
SNA - (tools)
SPSX - (wire manufacturer)
TROW - (mutual funds)
WRI - (REIT)


Given both lists shown above:
Mon, 8/21 close - 14 up, 15 down, on the day
Tues, 8/22 close - 19 up, 10 down, on the day
Wed, 8/23 close - 4 up, 25 down, on the day
Thurs 8/24 close - 12 up, 17 down, on the day
Fri 8/25 close - 13 up, 1 unchanged, 15 down, on the day

Totally blah week for the entire bunch.
For the entire week ending Aug 25, Fri close vs Mon open (12 up, 17 down):

S&P 500 -0.5%
Russell 2000 -1.7%
Naz composite -0.5%

BBV -2.0%
BRS -0.5%
CPRT -1.8%
CVG +0.2%
GEO -1.7%
HURN -1.5%
MON +0.5%
SAIA -3.7%
SJR +1.2%
SNH +1.0%
TDY -3.7%
TRMB -3.1%
UIL +1.7%

AXS -2.8%
AYI -5.3%
BGC -0.8%
EPR +1.0%
EXR +2.0%
FPO -0.3%
JBX -2.8%
LDG -4.1% ($0.14 div Aug 25)
LTR +1.9%
NRF -0.3%
PBNY +0.1%
SBS -1.5%
SNA +0.3%
SPSX +0.8%
TROW -3.1%
WRI +1.4%

Avg gain of 12 gainers +1.0%
Avg loss of 17 losers -2.3%

[ParkTwain]

http://en.wikipedia.org/wiki/Nicolas_Darvas

This entry includes an interesting list of stock market books that Darvas supposedly read:

//
During his off hours as a dancer, he had read some 200 books on the market and the great speculators. He began his studies by reading:

* ABC of Investing, by R. C. Effinger [publ. 1947].
* The Stock Market, by Dice & Eiteman [publ. 1941].
* The Securities Market: And How It Works, by B [Birl]. E. Schultz [publ. 1942].
* Your Investments, by Leo Barnes [publ. 1959, pb].
* Profit In The Stock Market, by H. M. Gartley [publ. 1935].
* Consistent Profits In The Stock Market, by Curtis Dahl [publ. 1951].
* You Can Make Money In The Stock Market, by E. J. Mann [publ. 1955].

His top 2 books which he had read almost every week were:

* The Battle for Investment Survival, by Gerald M. Loeb. Published in 1935.
* Tape Reading and Market Tactics, by Humphrey Bancroft Neill. Published in 1931.
//

Loeb's book is well known. I have read it and reported on it in earlier in this thread. The other books listed above are unknown to me. Stay tuned.

[ParkTwain]

"How I Made $2 Million in the Stock Market"

My copy (list price on jacket of $4.95 in hardcover, publ. 1960, 1st ed., 4th printing w/ all 4 printings in June 1960) arrived a few days ago. It has a great dust jacket graphic, like a 1950s horror movie poster. I'm looking for an image of it on the WWW, but haven't found it yet. I will post a photo of it if I can't otherwise find one.

[ParkTwain]

http://www.gladwell.com/2002/2002_04_29_a_blowingup.htm

//
How Nassim Taleb turned the inevitability of disaster into an investment strategy

... The truest thing about [George] Soros seemed to be what his son Robert had once said:

"My father will sit down and give you theories to explain why he does this or that. But I remember seeing it as a kid and thinking, Jesus Christ, at least half of this is bullshit. I mean, you know the reason he changes his position on the market or whatever is because his back starts killing him. It has nothing to do with reason. He literally goes into a spasm, and it's his early warning sign."

For Taleb, then, the question why someone was a success in the financial marketplace was vexing. Taleb could do the arithmetic in his head. Suppose that there were ten thousand investment managers out there, which is not an outlandish number, and that every year half of them, entirely by chance, made money and half of them, entirely by chance, lost money. And suppose that every year the losers were tossed out, and the game replayed with those who remained. At the end of five years, there would be three hundred and thirteen people who had made money in every one of those years, and after ten years there would be nine people who had made money every single year in a row, all out of pure luck. [Victor] Niederhoffer, like Buffett and Soros, was a brilliant man. He had a Ph.D. in economics from the University of Chicago. He had pioneered the idea that through close mathematical analysis of patterns in the market an investor could identify profitable anomalies. But who was to say that he wasn't one of those lucky nine? And who was to say that in the eleventh year Niederhoffer would be one of the unlucky ones, who suddenly lost it all, who suddenly, as they say on Wall Street, "blew up"?

... Nassim Taleb and his team at Empirica are quants. But they reject the quant orthodoxy, because they don't believe that things like the stock market behave in the way that physical phenomena like mortality statistics do. Physical events, whether death rates or poker games, are the predictable function of a limited and stable set of factors, and tend to follow what statisticians call a "normal distribution," a bell curve. But do the ups and downs of the market follow a bell curve? The economist Eugene Fama once studied stock prices and pointed out that if they followed a normal distribution you'd expect a really big jump, what he specified as a movement five standard deviations from the mean, once every seven thousand years. In fact, jumps of that magnitude happen in the stock market every three or four years, because investors don't behave with any kind of statistical orderliness. They change their mind. They do stupid things. They copy each other. They panic. Fama concluded that if you charted the ups and downs of the stock market the graph would have a "fat tail,"meaning that at the upper and lower ends of the distribution there would be many more outlying events than statisticians used to modelling the physical world would have imagined.

In the summer of 1997, Taleb predicted that hedge funds like Long Term Capital Management were headed for trouble, because they did not understand this notion of fat tails. Just a year later, L.T.C.M. sold an extraordinary number of options, because its computer models told it that the markets ought to be calming down. And what happened? The Russian government defaulted on its bonds; the markets went crazy; and in a matter of weeks L.T.C.M. was finished.

... Taleb, by contrast, has constructed a trading philosophy predicated entirely on the existence of black swans. on the possibility of some random, unexpected event sweeping the markets. He never sells options, then. He only buys them. He's never the one who can lose a great deal of money if G.M. stock suddenly plunges. Nor does he ever bet on the market moving in one direction or another. That would require Taleb to assume that he understands the market, and he doesn't. He hasn't Warren Buffett's confidence. So he buys options on both sides, on the possibility of the market moving both up and down. And he doesn't bet on minor fluctuations in the market. Why bother? If everyone else is vastly underestimating the possibility of rare events, then an option on G.M. at, say, forty dollars is going to be undervalued. So Taleb buys out-of-the-money options by the truckload. He buys them for hundreds of different stocks, and if they expire before he gets to use them he simply buys more. Taleb doesn't even invest in stocks, not for Empirica and not for his own personal account. Buying a stock, unlike buying an option, is a gamble that the future will represent an improved version of the past. And who knows whether that will be true? So all of Taleb's personal wealth, and the hundreds of millions that Empirica has in reserve, is in Treasury bills. Few on Wall Street have taken the practice of buying options to such extremes. But if anything completely out of the ordinary happens to the stock market, if some random event sends a jolt through all of Wall Street and pushes G.M. to, say, twenty dollars, Nassim Taleb will not end up in a dowdy apartment in Athens. He will be rich.

... A year after Nassim Taleb came to visit him, Victor Niederhoffer blew up. He sold a very large number of options on the S. & P. index, taking millions of dollars from other traders in exchange for promising to buy a basket of stocks from them at current prices, if the market ever fell. It was an unhedged bet, or what was called on Wall Street a "naked put," meaning that he bet everyone on one outcome: he bet in favor of the large probability of making a small amount of money, and against the small probability of losing a large amount of money-and he lost. On October 27, 1997, the market plummeted eight per cent, and all of the many, many people who had bought those options from Niederhoffer came calling all at once, demanding that he buy back their stocks at pre-crash prices. He ran through a hundred and thirty million dollars -- his cash reserves, his savings, his other stocks -- and when his broker came and asked for still more he didn't have it. In a day, one of the most successful hedge funds in America was wiped out.
//

[ParkTwain]

Read the very good reader commentary on the book at Amazon.com:
http://tinyurl.com/ltxl4

Such as this comment:
//
1) There is good advice on avoiding some common mistakes that lead to "blowing up", which will prove useful to inexperienced market practitioners.

2) Taleb's own (claimed) trading methodology (buying OTM options) could easily fall victim to the "black swan" problem. A regime change to persistently higher implied than actual volatility would result in extended losses for his fund (unless he is bluffing us about its methodology).

3) Taleb only focuses on cases where volatility is underpriced - but some of the best opportunities come when it is overpriced, during market panics. Yet according to what he says in the book, one should continue buying such overpriced volatility! As someone whose bread and butter trade is fading market panics, I can confirm that premium selling can be highly profitable - the trick is to sell at the right time, and to employ risk control. Just because some practitioners are incapable of this, does not invalidate the method, any more than OTM options buying is invalidated because many naive speculators buy in a panic just before the VIX is about to collapse.

4) Taleb lumps MBA and businessmen types into the "fool" category. This misses the point. 99% of business is not about risk-assessment, dazzling insight, or grand strategic thought, but about successful *execution* of obvious ideas, and hard work. How many eggheads have had great ideas, but never done anything to put them into action? There is no point knowing that a beach bar in the Bahamas might be destroyed every 10 years by a hurricane, if you aren't even capable of raising capital, employing people, or working 16 hour days getting it off the ground. Good MBAs and CEOs will in any case employ people like Taleb to assess risk for them.

5) Taleb ignores the possiblity of using praxeological analysis (i.e. taking a set of demonstrable a priori truths, then using a logical train of deduction to discover what those truths necessarily imply about reality) to avoid the survivorship bias & noise problems. E.g. you can predict the effect of supply and demand on price without having to test it in the real world. This technique has been used by Murray Rothbard in economics (which has an even greater "non-falsifiability" problem than trading), and Warren Buffett in investing. As an example, you *can* judge if a good track record is "skill" or "luck", by examining the methodology of the trader/investor. If they operated solely during a period favourable to their style, it is probably luck e.g. if they made money buying emerging market bonds from 1994-1998. If they made a bucketload trading a style that was *against* the market regime, then it is almost certainly skill e.g. someone who made good returns as a shortseller of tech stocks from 1997-2000; or someone who has successfully sold premium during market panics. Since Taleb is a follower of Popper, and a hardened quant, it should come as no surprise that he is ignorant of praxeology, but it is a huge oversight all the same.

6) Taleb's scorning of Buffett as a lucky fool is ignorant in the extreme. Buffett clearly did *not* use naive analysis of past data to make his investment decisions, or rely on luck (he did well from 1969-82, a terrible period for equities). Rather he deduced highly probably consequences from demonstrable truths about investment (i.e. firms with pricing power, high barriers to entry, and low working capital requirements are likely to perform very well), and then saw that the market was not pricing these factors efficiently. Anyone reading his writings can see this. And Buffett's approach is ironically more rigorous and less dependent on luck than Taleb's professed trading methods. To elaborate - Taleb is relying on "black swan" events happening more often than people think. Therefore EITHER a reduction in the frequency of these events, OR an increase in people's expectation of them, would be enough to invalidate Taleb's approach - clearly neither can be ruled out. Taleb thinks he is betting on black swan events occuring, whilst ignoring the possibility of the "black swan" of major regime change making his own system unprofitable. Whereas with Buffet, the laws of supply and demand, and basic investment/economics, ensure that certain business methods will *always* work better than others.

To conclude - Taleb thinks he has a great idea, but it was already well known by most experienced market practitioners (see the Market Wizards books etc where multiple traders continually bang on about rare event risk and fat tailed probability distributions). He then goes on as if this idea is the only important thing, which is clearly not the case. Finally, he critiques some people, such as Buffett, who use totally rigorous methodologies, whilst himself employing a strategy that is by no means foolproof, and relies largely on past observation (data-mining!) to form its conclusions. All I can say is that he better watch out for the black swan of long-term declining volatility over the next decade!
//

[billyjoe]

Park,
That's some interesting stuff. Especially the theory that many winners are just getting the "lucky coin flip" year after year. I've always believed that the greatest successes in the market are unusual individuals that think differently than the crowd. This could also lead to the greatest failures . Something inborn sets them apart. A way of thinking that might be possessed by one in billion . Testing Buffet I'm sure would show more than a person who studies the market more hours than anyone else. The guy is eccentric in many ways having nothing to do with business.

------------billyjoe

[ParkTwain]

Well, I would recommend reading the whole article. It develops the idea of the correlation between the whole person and trading philosophy. Neiderhoffer had become successful at everything he attempted in life. Taleb had grown up in Lebanon, also had gone through an unexpected bout of throat cancer. So he was already sensitive to the idea of "black swans" in his own non-trading experience.

Actually, Taleb's approach is like that of the lead character in a book about playing roulette ("Thirteen Against the Bank") that I read years ago. This was about a team who covered every roulette wheel in a given casino (England, then later in Nice, France) at the same time. There were six team members per table, and each bet only on one of the even-money bets (black, red, high, low, even, odd). They used a particular progressive betting scheme that was based on the idea that at some point in a given extended span of time (say, 12 to 24 hrs) there would be a run of results that, combined with the betting scheme, would result in a big win ($>100K). The betting on the other spots would basically cancel each other out (the betting scheme would direct the player having a losing streak to revert back to making minimum bets, while the winning player was steadily increasing the bet) and therefore, when no one even-money bet developed a good winning run, to a minimal overall loss for the team. They wanted to have all the bases covered so that they could take advantage of any extended run of luck on any of the even-money bets. It's a decent story, and many believe it is entirely fictitious. Of course, they did win some good money in the story. I did the numbers and in each case one of the bets had to go on a winning tear of at least 65% winners. So yeah, it was luck, but the question is, what are the odds of at least a 65% winning streak on an even-money bet for, say, 6 hrs straight?

The story took place at a time and in casinos with no maximum roulette bet. So to combat this approach, the casinos use a maximum bet rule (such as $2K on any number and maybe $1K on any even-money bet) on all roulette wheels. You could say that this tells you the team idea has merit. :)

[ParkTwain]

Park,
I've always believed that the greatest successes in the market are unusual individuals that think differently than the crowd. This could also lead to the greatest failures . Something inborn sets them apart. A way of thinking that might be possessed by one in billion . Testing Buffet I'm sure would show more than a person who studies the market more hours than anyone else. The guy is eccentric in many ways having nothing to do with business.

------------billyjoe

Regarding Buffett, I think this little interview with a value investing guy sums it up pretty well.

http://www.fool.com/news/commentary/2004/commentary04080902.htm

//
So I think of value investing as three things. A search strategy, which we talked about, which is where the low P/E, low market to book comes in. But it's not all of it, by any means, even of the search strategy. A valuation strategy. And a discipline approach to taking advantage of the information that your valuation is telling you about and having a default strategy when it's telling you it doesn't look like there's anything there.
//

Googling on "valuation methodology" can be an eye-opener.

[ParkTwain]

Here are my best-looking setups for all-time high (ATH) breakouts (with an exception or two) for the coming week. The daily volume situation for individual stocks in August (vacation month for many on Wall St) complicates the outlook for this week and going into September. Are the stocks that are today near new highs but had declining vol during August setting up as having better near-term upside than those whose volume held steady during the month as their own PPSs rose?

This week's A-team list:
ARD - oil and nat gas, steady vol in Aug
BGC - steady vol in Aug
CVG - not at ATH but significant headroom before next resis level, steady vol in Aug
EXR - REIT, declining vol in Aug
GISX - slow gainer, declining vol in Aug
HURN - sw consult, declining vol in Aug
ICUI - declining vol in Aug
MVL - declining vol in Aug
NRF - REIT, another slow gainer, steady vol in Aug
PETD - nat gas and oil, steady vol in Aug
SJR - Aug vol started low, then high, then low at end of month
SNX - not at ATH but bullish, declining vol in Aug
UIL - steady vol (>50K sh traded per day) in Aug
WLL - oil, steady vol in Aug
WRI - REIT, steady vol in Aug

A-team list this week:
Mon 8/28 - 10 up (avg gain 1.53%), 5 down (avg loss 0.94%), on the day


This week's B-team list, close but no cigar:
BBV and STD (move in lock-step w/ each other)
BMR
CPRT
EPR
FLSH
FRX
GEO
MON
OCN
OKE
SNA
SNH
STSA

B-team list this week:
Mon 8/28 - 11 up (avg gain 1.10%), 2 down (avg loss 0.33%), on the day


Going into this week, long SNX and CTCM in my trading account.

[billyjoe]

Park,
Nice call on GISX especially since I own it. Up about 3.5% volume +30%. I had no idea it was splitting until viewing my online statement.

-----------billyjoe

[ParkTwain]

I'm still seeing a good number of "defensive" stocks making gains like tobacco (LTR, MO, BTI), comm. r.e., soft beverages (KO, PEP, PBG), and BREAKFAST CEREALS (GIS, K) for pete's sake!

The following morsels are showing post-ATH breakout moves, imminent ATH breakouts, passing near-term resis with a high ceiling to next resistance, or a climber w/ good-looking technicals up the right side of a nascent long-term cup.

ALSK
BCO, BRKR
CBS, CLHB, CMX
ENB
FISI, FRX
GIS
HGIC, HSIC
K, KO
MET
PBG
SFL, SKT, SNWL

Long-time gainers that appear on 52-wk highs list again today: AVB, LTR, VTS, WOOF. I never hear any mention of these wealth-builders around here!

[New-born baby]

I'm still seeing a good number of "defensive" stocks making gains like tobacco (LTR, MO, BTI), comm. r.e., soft beverages (KO, PEP, PBG), and BREAKFAST CEREALS (GIS, K) for pete's sake!

The following morsels are showing post-ATH breakout moves, imminent ATH breakouts, passing near-term resis with a high ceiling to next resistance, or a climber w/ good-looking technicals up the right side of a nascent long-term cup.

ALSK
BCO, BRKR
CBS, CLHB, CMX
ENB
FISI, FRX
GIS
HGIC, HSIC
K, KO
MET
PBG
SFL, SKT, SNWL

Long-time gainers that appear on 52-wk highs list again today: AVB, LTR, VTS, WOOF. I never hear any mention of these wealth-builders around here!

ALSK is Alaska Telephone, and I used to trade it a couple of years ago. Pays 6.80% divy with no option chain. I don't see it moving too much higher (I could be wrong); but probably will pull back to the breakout level of $12.75 again soon. And it was just downgraded Friday by Lehman Bros.; upgraded Wed by Banc of America :D. This is a defensive stock for sure.

SFL: another defensive stock that I used to trade, pays a 8.70 divy and finances oil tankers. :D Good stock. Overbought at this time, imho.

Thanks for the post, Park!

[ParkTwain]

See MarketWatch news ticker items at 2pm today and just after.
http://tinyurl.com/zgpyf

Interesting to see this happen. Minutes show that all members expect inflation to abate going forward. Markets like to see that!

[Runner]

Sorry made a mistake

[Runner]

Little 10K sim port built off Parks list taken 15 days ago. Each position is slotted a 55.50 risk. Not bad for such a small port. I think I used 555.00 per position. Notice the 2 I sold because I thought the chart was topping…

Once R/1 is reached exit plan will kick in.. Awesome Job PARK...You da-man!!
http://img57.imageshack.us/img57/1060/parksan3.th.png (http://img57.imageshack.us/my.php?image=parksan3.png)

[ParkTwain]

THANKS runner, but tell me, what is your threshold for knowing that your portfolio is doing well?

P.S. Got +6% in my SNX today! That's more like it.

[ParkTwain]

It showed lateral drift at about 12.50/sh from Sept 05 to mid March 06, when a nice breakout got it moving upward, and now it's at 15.50. It has showed good relative strength vs the Naz since then. It just surpassed intermediate resis at 15/sh in early Aug. It reaches its 5-yr high at about 17/sh if it keeps rising. From there it's tougher sledding up its Matterhorn that was put in before/after the year 2000 bubble.

[Runner]

Park I’ve allocated 10% risk or total of 1K for this port. This will be my R1. Each position is given equal risk or 55.55. Once a position reaches R1 (55.55) I will begin an exit strategy based off 10or 20 bar low and given 1 ATR of .05 as a constant multiplier for each day the stock moves in my favor. Since total risk is 1,000 I will be looking for at least an R2 or 2,000. R2 per position is 111.10 X 18=1999.80 if all hit an R@. We know this is very unlikely. When a position drops to my stop point it will be sold as a lost. The goal is to ride the winners and flush the losers and in doing so reach the R2 goal.

Yes this sounds crazy to have so many positions on with such a small amount but we are conducting this experiment as it fits in with what I’ve been doing lately in a forum of money management. Hope this sort of explains this goal.

[ParkTwain]

There's so much good stuff in this blog every day, it could keep you from getting anything done with your trading.

http://www.tickersense.typepad.com/


For instance:
http://tickersense.typepad.com/ticker_sense/2006/08/best_and_worst__2.html

See any friends on these lists?

Also provides a fantastic collection of links in the left and right margins of every page.

[ParkTwain]

http://www.trade-ideas.com/StockInfo/more_up_days.html?more=1

some of these are up more than 10 days in a row.

[ParkTwain]

I just found this one while going through the "up at least 5 days in a row" list here:
http://www.trade-ideas.com/StockInfo/more_up_days.html?more=1

SNCR's latest financial PR is found here:
http://biz.yahoo.com/bw/060731/20060731005867.html?.v=1

Notice they have $2/sh in cash and their earnings before income taxes (not paid last year) have increased by about 33% in the first 6 months of current FY.

Looking at the chart, the pps has now made a round trip from its IPO price down and back. When it settles itself and makes ready to surpass its IPO pps, POUNCE!

This is a low volume trader for now, but notice the >300K volume day on August 18, which coincides with the filing of a Schedule 13G ( http://www.investopedia.com/terms/s/schedule13G.asp ) by Rosewood Partners, et al. A bullish development! Since that date, the pps has risen daily, though on much lower daily volume. 32M shares of float.

(Contrast the SNCR chart with CTCM since its IPO. Either can be a winner once the uptrend is established. The post-IPO roundtrip is quite common, of course, just not typically THIS FAST.)

[ParkTwain]

Here are more of the better all-time high (ATH) setups and breakouts that resulted from scanning today's 52-week highs list. Some of these I might have mentioned in one of my previous "weekend research" posts.

I think almost all of these are very good candidates, given a bullish tenor to the markets.

ABK
BBV - my timing wasn't good on this one last week
CNSL
EBF
HCSG
HITT (watch first for a drop to 50DMA)
HRH (strong technicals, close to ATH)
HURN - another one I like a little extra
KONA - restaurant chain, I like 'em, low avg daily vol but recently active
PBG - Pepsi bottling co.
REXI
SNCR (see previous post on this thread), SRE
TRMA - I especially like this one
VVI
WDFC - news earlier in Aug of expansion into China drives momentum


And here are a few more "perennial" climbers, an impromptu category I started mentioning yesterday:

CG
DGX
KRC
PEP - Pepsi has a better-looking long-term chart than KO
SIAL
VIP, VDR, VTR

GOOD NIGHT, finally!

[ParkTwain]

Tried to bag some VVI and SNCR this morning. Missed the VVI I think, was hot on thin volume so I declined to pursue it.

(Finally got both, later in the day.)

[peanuts]

Tried to bag some VVI and SNCR this morning. Missed the VVI I think, was hot on thin volume so I declined to pursue it.

I own VVI in my LT account, Park (not many shares as it is a new position). I like the earnings growth

This is a member of my Earning Growth list posted on my thread

[Runner]

BAP has reached our 1R currently and so exit plan will begin. We will select the low of 8/3/6 to begin the ratchet. 16X.05=.80 or stop now at 31.39.

[ParkTwain]

Ctcm -di: 5.85
Sncr -di: 9.72
Vvi -di: 9.45 (only this stock's 2nd time below 10.0 in 20 months)
Snx -di: 8.78 (also showing its lowest -DI measure in 20 months)

I'm being patient with these children, but I'm not getting much satisfaction this week, or last week.

[ParkTwain]

These stocks have charts and improving technicals such that I would expect gains over the next several trading sessions. Quite a few of these are "repeat offenders" in lists I posted the previous couple of weeks.

AXS
BBV, BGC, BLKB, BMR, BW
CMP, CSH, CVA, CVG, CVS
DFG, DIS
EQY, EXR
FORM
FORR high headroom to next resis
GBCI, GEO, GISX, GNW
HPT, HURN
JBX
MEOH, MON, MVL
NHP
NITE nice-looking C&H formation happening right now
NWL
PTV
RPM
SBS, SHOO, SJR, SLW, SNH
TDY, TNC
WEBX, WRI

A couple of these (DIS, RPM) show an ADX +DI/-DI bullish crossover below the 20 measure, which is my latest technical chimera to seek after.

After a first-pass review of these findings, the "A team" was down to only SBS, NITE, GEO, and FORM, although, CMP, BW, AXS, HURN, CSH, and MON are also pretty sweet, seems to me.

[peanuts]

These stocks have charts and improving technicals such that I would expect gains over the next several trading sessions. Quite a few of these are "repeat offenders" in lists I posted the previous couple of weeks.

AXS
BBV, BGC, BLKB, BMR, BW
CMP, CSH, CVA, CVG, CVS
DFG, DIS
EQY, EXR
FORM
FORR high headroom to next resis
GBCI, GEO, GISX, GNW
HPT, HURN
JBX
MEOH, MON, MVL
NHP
NITE nice-looking C&H formation happening right now
NWL
PTV
RPM
SBS, SHOO, SJR, SLW, SNH
TDY, TNC
WEBX, WRI

Quite a list that you have here. Will you update after today? I'd like to have your narrowed opinon of these.

NITE does looks good for MT trade. Is today a proper entry point, though?

[ParkTwain]

For the C&H, you would buy after the breakout above the pivot (high point of the handle). But the whole point of trading (er, speculation, that is) is anticipation and discernment of probabilities.

[peanuts]

...But the whole point of trading is anticipation and discernment of probabilities.

I wasn't clear in my post. I asked a rhetorical question. My opinon is that everyone and their brother is looking at NITE for a C&H breakout, and that is exactly why I would not initiate a position until it breaks out. There is some more room for consolidation, so I'm cautious of going long until that breakout is confirmed. Knight Capital has been a historical manipulator of stock prices back in the dot com days. I wouldn't doubt the same thing will occur with their own stock, but maybe I'm just paranoid.

[ParkTwain]

Well, I would say, the probability of a profitable trade based on an anticipation of a C&H breakout is a function of your ability to detect the "temperature" of the market (or of the part of the market that highly correlates with the behavior of NITE shares). To the extent that you believe you have that information and that information favors the trade, then you do it in anticipation of the breakout. I'm talking about easing into the position, you know.

[ParkTwain]

Anyone notice that one, then see how she's acting today. I was puckering ... THERE was your market maker manipulation, my two cents.

[peanuts]

Well, I would say, the probability of a profitable trade based on an anticipation of a C&H breakout is a function of your ability to detect the "temperature" of the market (or of the part of the market that highly correlates with the behavior of NITE shares). To the extent that you believe you have that information and that information favors the trade, then you do it in anticipation of the breakout. I'm talking about easing into the position, you know.

for C&H breakout, see SWHC, 9.12 was breakout, cup low was 7.15, target equals 11.11ish. Looks like there is still 10% left in it. I'm playing.

[ParkTwain]

I can't believe it. This joy just hasn't been sticking around all day lately. It's been very frustrating.

[skiracer]

Quite a list that you have here. Will you update after today? I'd like to have your narrowed opinon of these.

NITE does looks good for MT trade. Is today a proper entry point, though?

You may have missed the initial move on NITE. I did mention it 3 days ago on my thread. I took a position in it this morning at $17.81 around 10:00 am. I also bought TRAD this morning at $14.81 around the same time. Briefing.com had a nice tidbit come across their wire this morning on TRAD. Prompted me to make the play even moreso. I was looking for an entry anyway. NITE came up on a scan but I have been watching it form that cup since about mid-way up the right hand side of it.

[peanuts]

You may have missed the initial move on NITE. I did mention it 3 days ago on my thread. I took a position in it this morning at $17.81 around 10:00 am. I also bought TRAD this morning at $14.81 around the same time. Briefing.com had a nice tidbit come across their wire this morning on TRAD. Prompted me to make the play even moreso. I was looking for an entry anyway. NITE came up on a scan but I have been watching it form that cup since about mid-way up the right hand side of it.

I may be completely wrong but I think it is too early for NITE to run. Needs more consolidation IMO. I'd like to get in at a lower price. It's just my feeling on this... needs more time, but IF it does breakout, I'll probably be on it.

[ParkTwain]

Today may have been the commencement of NITE's liftoff.

[ParkTwain]

You guys have heard of these?

http://en.chinabroadcast.cn/3130/2006/09/02/501@134068.htm
http://www.google.com/search?hl=en&q=%22blank+check%22+IPOs&btnG=Google+Search

[Websman]

You guys have heard of these?

http://en.chinabroadcast.cn/3130/2006/09/02/501@134068.htm
http://www.google.com/search?hl=en&q=%22blank+check%22+IPOs&btnG=Google+Search

Never heard of them, but it's worth looking at.

[ParkTwain]

new acquisition should be accretive to earnings

[spikefader]

new acquisition should be accretive to earnings
Nice pick. Should find $17.50 pretty easy.

[ParkTwain]

I've decided to post a list of all my books on these subjects, along with a simple thumbs up/down review on each that I have read. Maybe others on the board can do the same.

Some of the books I found in "bargain bins" so I picked them up at almost no cost, just to have a book to dip into to make a very beginner's acquaintance with the subject matter. (I may discard such a book, such as one about index futures, as soon as I have read it, with it being a stepping-stone to a more recently published book in that subject area.) None of my college economics textbooks are included in the list.

A lot of the "not read" books listed I actually have started reading but put them down for one reason or another, such as Brown's Technical Analysis, which is pretty "out there" and goes into some of Gann's ideas.

Several of these aren't "trading" books per se, but are biographies, history, or journalistic treatments of financial events (such as Stewart's Den of Thieves). Some of these I have picked up as novelties for my collection, such as How to Survive on $50K to $150K a Year, and Con Man or Saint.

I will also try to remember several more books in these fields that I have read but not purchased.

There are many more "classics" in these fields that I haven't yet picked up, and I have a long "wish list" set up for myself. More recommendations from others are welcome.

Read? ... Rec'd? ... Author last name ... Title

Y ... N ... (none) ... IBD Guide to High-Performance Investing
N ... - ... Angell ... Sure-Thing Options Trading
N ... - ... Anonymous ... License to Steal
N ... - ... Anuff and Wolf ... Dumb Money
Y ... N ... Baruch ... My Own Story
N ... - ... Bass ... The Predictors
N ... - ... Bernstein ... Against the Gods, the Remarkable Story of Risk
N ... - ... Brown ... Technical Analysis for the Trading Professional
N ... - ... Buffett ... Buffettology
N ... - ... Carret ... The Art of Speculation
N ... - ... Chance ... An Introduction to Derivatives
N ... - ... Chancellor ... Devil Take the Hindmost
N ... - ... Cohen and Wool ... How to Survive on $50K to $150K a Year
N ... - ... Connors and Raschke ... Street Smarts, High Probability Short Term Trading Strategies
N ... - ... Conway ... Professional Stock Trading
N ... - ... Cowles ... The Rothschilds, A Family of Fortune
N ... - ... Darack ... Taking Profits from the OEX
Y ... Y ... Darvas ... How I Made $2 Million in the Stock Market
N ... - ... Dreman ... Contrarian Investment Strategy
N ... - ... Drobny ... Inside the House of Money
N ... - ... Edelman ... Ordinary People Extraordinary Wealth
N ... - ... Eichenwald ... Serpent on the Rock
Y ... Y ... Ellis ... The Investor's Anthology
N ... - ... Fisher ... Common Stocks and Uncommon Profits
N ... - ... Fowler ... Ten Years in Wall Street (1870)
N ... - ... Frasca ... Con Man or Saint (Glenn W. Turner)
N ... - ... Fridson ... How to Be a Billionaire
N ... - ... Getty ... How to Be Rich
N ... - ... Graham ... The Intelligent Investor
Y ... Y ... Greenblatt ... You Can Be a Stock Market Genius
N ... - ... Greenblatt ... The Little Book That Beats the Market
N ... - ... Haugen and Lakonishok ... The Incredible January Effect
N ... - ... Heady ... The Complete Idiot's Guide to Making Money on Wall Street
N ... - ... Henriques ... Fidelity's World
N ... - ... Jacwin and Costa ... HT Accumulate Wealth Through Stock Speculation
Y ... Y ... Jiler ... How Charts Can Help You in the Stock Market
N ... - ... Katz and McCormick ... The Encyclopedia of Trading Strategies
N ... - ... Kessler ... Running Money
Y ... Y ... Kilpatrick ... Of Permanent Value, the Story of Warren Buffett
N ... - ... Klarman ... Margin of Safety
N ... - ... Kroll ... Kroll on Futures Trading Strategy
N ... - ... Kroll ... The Professional Commodity Trader
Y ... Y ... Lefevre ... Reminiscences of a Stock Operator
N ... - ... Levy ... The Mind of Wall Street
Y ... Y ... Lewis ... Liar's Poker
N ... - ... Lichello ... How to Make $1 Million in the Stock Market Automatically
Y ... N ... Link ... High Probability Trading
Y ... Y ... Loeb ... The Battle for Investment Survival
N ... - ... Lowe ... Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger
Y ... Y ... Lowenstein ... Buffett, the Making of an American Capitalist
Y ... Y ... Lowenstein ... When Genius Failed
N ... - ... Lukeman ... The Market Maker's Edge
N ... - ... Lynch ... Beating the Street
Y ... Y ... Mackay ... Extraordinary Popular Delusions and the Madness of Crowds
N ... - ... Malkiel ... A Random Walk Down Wall Street
N ... - ... McClintick ... Indecent Exposure, A True Story of Hollywood and Wall Street
N ... - ... McMillan ... Options as a Strategic Investment
N ... - ... Mehrling ... Fischer Black and the Revolutionary Idea of Finance
N ... - ... Mesler ... Stock Index Options
N ... - ... Morris ... The Complete Guide to Market Breadth Indicators
N ... - ... Morris and Siegel ... The Wall St Journal Guide to Understanding Money and Investing
N ... - ... Mulford and Comiskey ... The Financial Numbers Game
N ... - ... Ney ... The Wall Street Gang
N ... - ... Ney ... The Wall Street Jungle
Y ... Y ... Niederhoffer ... The Education of a Speculator
N ... - ... Niederhoffer ... Practical Speculation
N ... - ... O'Glove ... Quality of Earnings
Y ... Y ... O'Neil ... How to Make Money in Stocks
N ... - ... O'Shaughnessy ... What Works on Wall Street
N ... - ... Oz ... How to Take Money from Wall Street
N ... - ... Perkins ... Confessions of an Economic Hit Man
N ... - ... Poundstone ... Fortune's Formula
N ... - ... Powers ... Starting Out in Futures Trading
N ... - ... Pring ... Introduction to Technical Analysis
Y ... Y ... Reich ... Financier, the Biography of Andre Meyer
N ... - ... Rice ... My Adventures with Your Money
N ... - ... Sands ... Turtle Secrets
N ... - ... Schabacker ... Stock Market Profits
N ... - ... Schreiber, Jr. and Stroik ... All About Dividend Investing
Y ... Y ... Schwager ... Market Wizards
Y ... Y ... Schwager ... The New Market Wizards
N ... - ... Schwager ... Stock Market Wizards
Y ... Y ... Schwartz ... Pit Bull
N ... - ... Smith ... Toward Rational Exuberance
Y ... Y ... Smith ... The Money Game
N ... - ... Soros ... The Alchemy of Finance
Y ... N ... Sperandeo ... Trader Vic, Methods of a Wall Street Master
N ... - ... Spurga ... Balance Sheet Basics
Y ... N ... Steinhardt ... No Bull, My Life in and Out of Markets
N ... - ... Stewart ... Den of Thieves
Y ... Y ... Strouse ... Morgan, American Financier
N ... - ... Taleb ... Fooled by Randomness
Y ... Y ... Tharp ... Trade Your Way to Financial Freedom
Y ... Y ... Train ... The Money Masters
Y ... Y ... Train ... The New Money Masters
N ... - ... Wanger ... A Zebra in Lion Country
N ... - ... Whitman ... The Aggressive Conservative Investor
Y ... Y ... Whitman ... Value Investing, A Balanced Approach
Y ... Y ... Wright ... Trading as a Business
N ... - ... Wyckoff ... How I Trade and Invest in Stocks and Bonds
N ... - ... Wyckoff ... Studies in Tape Reading
N ... - ... Yergin ... The Prize, The Epic Quest for Oil, Money and Power
N ... - ... Zweig ... Winning on Wall Street

[diogenes]

Interesting list you posted.


"Y ... N ... Link ... High Probability Trading"

I did not care for that book.

"Y ... Y ... Greenblatt ... You Can Be a Stock Market Genius"

First book I read about investing, oddly enough. It was in a bundle I bought to get a book about Godel.

[ParkTwain]

Blau ... Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Tech Analysis
Hayden ... The 21 Irrefutable Truths of Trading: A Trader's Guide to Developing a Mind to Win
Neill ... Tape Reading and Market Tactics
Pardo ... Design, Testing, and Optimization of Trading Systems
Stridsman ... Trading Systems That Work
Gerstein ... Screening the Market
Taylor ... The Taylor Trading Technique (pushed by trader Linda Raschke)
Mamis .. When to Sell: Inside Strategies for Stock Market Profits
Mamis ... How to Buy: An Insider's Guide to Making Money in the Stock Market
Greider ... Secrets of the Temple: How the Federal Reserve Runs the Country

Most of these are available for under $15 each (even hardcovers) at a place like alibris.com or abebooks.com

[billyjoe]

Park,
An interesting book with some pictures is Fisher's "100 Minds That Made the Market". Interesting short biographies on investors categorized as innovators , scalawags , crooks , bankers , speculators , economists etc.

-----------billyjoe

[ParkTwain]

Park,
An interesting book with some pictures is Fisher's "100 Minds That Made the Market". Interesting short biographies on investors categorized as innovators , scalawags , crooks , bankers , speculators , economists etc.

-----------billyjoe



Very good to know. It's available CHEAP via amazon.com for as low as $1.94 a copy.
http://tinyurl.com/q8hc8

[ParkTwain]

"Y ... Y ... Greenblatt ... You Can Be a Stock Market Genius"

First book I read about investing, oddly enough. It was in a bundle I bought to get a book about Godel.


Well, I guess you would agree that this book is not intended for beginners in the stock market.

[Lyehopper]

Park,
An interesting book with some pictures is Fisher's "100 Minds That Made the Market". Interesting short biographies on investors categorized as innovators , scalawags , crooks , bankers , speculators , economists etc.

-----------billyjoe
I highly recommend this book BillyJoe.... And it has great pictures!

http://www.sciencedaily.com/cgi-bin/apf4/amazon_products_feed.cgi?Operation=ItemLookup&ItemId=1580173276

[ParkTwain]

No one around here has been talking about ORCL's steady rise all this year. I had been considered doing a trade, but it had been a creeper facing mounds of overhead resistance. In the last 2 months its rise had picked up some pace. It had given a clear foreshadowing of its recent earnings news.

Many of the establishment commentators are expecting large-cap to do well going forward. Look at the chart for MMM and watch for continuing improvement.

[ParkTwain]

Recommended. Lots of good horse sense in this book. In Chapter 3 he gets down to brass tacks and identifies these buy scenarios:

* Buy during a selling climax
* Buy on the testing of a (sellling climax) low
* The breakout buy
* The pullback (after a breakout) buy
* Buy on the correction (for a trending stock, buy with the long-term trend, but against the short-term trend)

[Runner]

No one around here has been talking about ORCL's steady rise all this year. I had been considered doing a trade, but it had been a creeper facing mounds of overhead resistance. In the last 2 months its rise had picked up some pace. It had given a clear foreshadowing of its recent earnings news.

Many of the establishment commentators are expecting large-cap to do well going forward. Look at the chart for MMM and watch for continuing improvement.

Orcl hit screen here http://www.mrmarketishuge.com/showpost.php?p=45375&postcount=270

[ParkTwain]

Notice the sector relative strength charts shown in this post on the Birinyi Associates blog:
http://tickersense.typepad.com/ticker_sense/2006/09/sector_relative_1.html

Notice which plots move in sync with each other and which are opposite:

* opposites: energy vs. consumer discretionary, energy vs. technology, utilities vs. materials, utilities vs. industrials

* simpatico: utilities and health care and customer staplies, materials and industrials, customer discretionary and technology, financials and telecom (this is the only pair of "simpaticos" that are both outperforming the S&P500 and have been in a steady uptrend for all YTD)

This shows where the "sector rotation" actually occured YTD vs true outperformance w.r.t. the overall S&P500. The net performance of each of the "opposite" pairs versus the S&P500 index appears on these charts to be about 0% YTD.

[diogenes]

Well, I guess you would agree that this book is not intended for beginners in the stock market.

Yes, I can agree with that.
Since the author goes into great depth about company reports etc reading the book can be a daunting task for the novice

[ParkTwain]

I'm behind in doing my normal research for all-time high breakouts, but lately I have a couple of other ideas going. I'm watching Tim Horton's (THI), the recent spinoff from Wendy's, which is about to bottom, I suspect. Wendy's just Friday completed distribution to shareholders of the remaining common shares it had owned. THI should prove to be a significant gainer from that bottom for the subsequent 9 to 24 months, pick your holding period.

I'm also watching for MMM to show signs of a turnaround so that it starts to participate in the Dow record-making fireworks. Playing a spinoff angle like THI has been well documented by Joel Greenblatt (see my recommendation of his "You Can Be a Stock Market Genius"). Today while poking around some links to pages about Greenblatt (such as this one: http://www.gurufocus.com/news.php?id=807 ), I noticed that MMM is a "guru pick" among at least a couple of "deep value" fund managers.

As a final idea, I picked up some IMH last week in anticipation of its going ex-dividend tomorrow (10/4). I had gone through the imminent divvy list found at the Birinyi Assoc blog that I posted a few days ago. I looked at the charts and technicals for those with a 10+% annual-basis divvy and going ex this week and decided to pull the trigger on IMH. Since then it's been acting pretty good, so I'm getting some appreciation with my dividend. With only 3 months left in the CY, I'm thinking more of getting those little easy chip shots where I can find 'em to pad my YTD trading portfolio return.

[ParkTwain]

From this "A" list, I think I will go for ESCH and SIMO first. ELRC is also intriguing:

ACAS, ALL
BAMM
CACC, CSE
DLLR, DTV
ELRC, ESCH
HRZ
KMB
MDV, MFB
OPSW
RNR, RYAAY
SIMO
TCHC

AND ... I have a "B" list as well:

BDX
CMP, CVP
DECK, DKS, DRI, DRIV
FDS, FISV
MEH
NHP
PG
SRE, SSS, SUAI
TPX, TWGP
UAG
WSC

There are actually a couple of AIRLINES on these lists!

[ParkTwain]

From looking at many, many 52-wk charts of strong to very strong uptrending stocks (esp. those making a new 52-wk high), I have noticed that a good number of them hit a point of having a significant retracement of around 20% at some point during the overall uptrend. I am now watching for this and making note of the behavior of the pps in the weeks or months just after this has happened. I want to see whether I can identify the technical characteristics of these charts for those stocks that continue to show a sustained pps increase after this kind of retracement. That is, is there a tell re: any volume pattern, the quickness of the rebound from the retracement, the time spent near the low point of the retracement, etc.

[ParkTwain]

This is the guy behind the Prophet.net web site:

http://tradertim.blogspot.com/

//
Tuesday, October 03, 2006
The bottom line for me is this - I've got over 80 positions, about 70 puts and 10 shorts, in all kinds of different industries. And my portfolio value went up today. That's why I'm looking this bull straight in the face and laughing at it. Savor the moment, pal. You're about to get wasted.
//

THEN he rode through a 3-digit-gain day in the Dow... OUCH!

//
Wednesday, October 04, 2006
Well, look. Today hurt. It hurt bad. I got blasted out of a bunch of positions. And I notice the comments board has gone bananas. I don't even want to set foot into that place. It's probably like a bar fight by now.

But this is something to keep in mind - - I can deal with getting blown out of positions. But I don't hang on. That's why I say, over and over - always have a stop in place. Always! Take PNRA, for instance. I bought puts on it. Some people said I was wrong to do so. Turns out they were right. That's fine. I can deal with the loss. But if I had just hung on (past the circled point, where I got pushed out of the position), now that would be stupid.

As enamored as I've been with OIH shorts, I closed out my energy shorts today, including OIH. I think the selling in energy and gold is really overdone. There are hammer patterns all over the place today!

So I'm going to blow away my reputation as a permabear by offering what I think are interesting stocks to consider buying (yes, buying) or buying calls on (that's right - I said calls). I still have lots of put positions, and plenty of shorts. But there's no denying the force of buying at this point. ...
//

[Websman]

There are actually a couple of AIRLINES on these lists!

Hopefully oil prices will stay down and help airlines to recover...

[ParkTwain]

On Friday, I exchanged my pre-ex-dividend IMH position for one in THI, which Thursday began rebounding out of its climax bottom on the heels of the final distribution of THI spin-off shares to WEN shareholders.

I also picked up ESCH and SIMO as anticipated breakout followthroughs. Still holding my position in DDD. It got very frisky to the upside at end of session on Friday.

While looking at the dismal YTD performance of my trading portfolio, I noticed the tremendous YTD performance of the Broker/Dealer index. ( http://tinyurl.com/lbjpj ) Looking at the members of the index (see the "components" link on the left side of that Yahoo page linked above), notice that several are imminent all-time high breakout candidates. In particular, I'm interested in BSC's prospects. Since April 2006 it's made a broad sideways channel, after previously being a tremendous gainer year after year.

Speaking of which, anyone notice the perfect-looking all-time high breakout of MER last week? I would have bitten if the runup to the pivot had taken place with an RSI of under 70.

[peanuts]

On Friday, I exchanged my pre-ex-dividend IMH position for one in THI, which Thursday began rebounding out of its climax bottom on the heels of the final distribution of THI spin-off shares to WEN shareholders.

I also picked up ESCH and SIMO as anticipated breakout followthroughs. Still holding my position in DDD. It got very frisky to the upside at end of session on Friday.

While looking at the dismal YTD performance of my trading portfolio, I noticed the tremendous YTD performance of the Broker/Dealer index. ( http://tinyurl.com/lbjpj ) Looking at the members of the index (see the "components" link on the left side of that Yahoo page linked above), notice that several are imminent all-time high breakout candidates. In particular, I'm interested in BSC's prospects. Since April 2006 it's made a broad sideways channel, after previously being a tremendous gainer year after year.

SIMO is on my watchlist this week. Great stock! Thanks

[ParkTwain]

Re: IMH, it is up or unchanged for the last 13 sessions straight. The divy was icing on the cake.

I had also been watching MMM, which did perk up and closed Thurs and Friday over 75.00. It is entering a gap (early July 2006) that reaches to 81.

[ParkTwain]

Look, you can trade, or read lots of blogs about other people's trades:

http://www.movethemarkets.com/blog/blogs-i-read/

[ParkTwain]

Captured the last 1.5% of today's 4.5% move. Already had OPSW on my watch list. Of course after I sold SIMO this morning, it made its move. But that's the way the IRA crumbles. I've seen this happen so many times since the summer.

SIMO and ESCH still have some life in them, but they've been slumbering this week. Not the relative strength I expected.

[ParkTwain]

Here is the page that ranks the performance of his patterns:
http://mysite.verizon.net/resppzq7/id75.html

Followthrough breakout beyond a flag (high and tight variation) gives the best return, based on his research.

[skiracer]

Here is the page that ranks the performance of his patterns:
http://mysite.verizon.net/resppzq7/id75.html

Followthrough breakout beyond a flag (high and tight variation) gives the best return, based on his research.

Same site Park that give the chart pattern and the definitions and percentages of success or failure for each pattern. I like your for ranking which ones work out the best. Good info.

http://mysite.verizon.net/resppzq7/chartpatterns.html

[ParkTwain]

But I didn't buy it! I'm sitting here watching OPSW go sideways for another day. PATIENCE!

Haven't seen anyone commenting on HRZ so I had to say something. I didn't bite on it because its RSI was right at 70 (I prefer it to be more like 65) as it reached its ATH pivot of about 16.50. I didn't quite assess this one right, but there you go. 15% gain in 10 days..

[peanuts]

I sure could go for some ParkTwain wisdom this Friday. What are the best stocks for next week's market?

[ParkTwain]

hi peanuts, look for some research results later in the weekend ...

[ParkTwain]

I think this is one of the key business news stories of this decade.

http://www.forbes.com/2006/10/13/ibm-procure-shenzhen-biz-logistics-cx_rm_1013ibm.html

IBM is moving its global procurement headquarters to Shenzhen, China. It will be the first time the headquarters of a corporate-wide IBM division has been moved outside the U.S.

The company's chief procurement officer, John Paterson, will move from Somers, N.Y., to Shenzhen. IBM already has 1,850 employees in the area and manufactures there for the Asian/Pacific market products and systems including servers, retail store systems, storage devices and computer printers. The company originally manufactured PCs there but sold off that business to a Chinese-owned firm.

"In a multinational model, many functions of corporations were replicated around the world--but each addressing only its local market. In a globally integrated enterprise, for the first time, a company's worldwide capability can be located wherever in the world it makes the most sense," says Paterson.

Shenzhen is not an arbitrary selection; it is at the center of one of the three most active Chinese trading centers and part of Asia's ever-more-powerful emerging markets. Shenzhen is the third-largest port in China and the fourth-largest port in the world.

"We established our Shenzhen center over ten years ago and have had procurement people in China for 50 years," Paterson says. "The Shenzhen area has many electronic hardware suppliers that we will continue to use."

This move emphasizes a series of corporate objectives: to move to the place in the world where procurement makes the most sense, as Paterson has said; to modify IBM's own supply base; and to expand the company's internal procurement skills and develop executives for global roles.

The move will involve both IBM's hardware and software businesses. By emphasizing software and services skills, it will make possible the development of new partners and suppliers. IBM, as a company, spends $45 billion a year with external suppliers. More than half its business is in services to its clients.

"Part of our focus is to try to develop a supply base in China and other parts of Asia that can globally support our services business," says Paterson.

IBM has 3,000 suppliers across Asia. It has procurement professionals in 60 countries and 400 cities worldwide, and the company is attempting to gain competitive advantages by locating those in charge of procurement as close to their clients and suppliers as possible. Their global and integrative skills are to be complemented by continued interest in deep local relationships.

IBM has, over the past few years, made it clear that the supply chain, including the procurement process, is a core focus of its business. It is a major means by which the company can--through end-to-end execution and productivity optimization--balance cost savings with customer or client satisfaction. This strategy has allowed IBM to significantly decrease logistics costs, totaling some 20% savings from 1996 through 2003, despite a significant increase in the volume of goods being transported. The move to Shenzhen will clearly play a significant role in the continuing success of this strategy.

[ParkTwain]

Here is one person who contributes reviews about stock trading books at Amazon.com and who might help save you some time in finding the next worthwhile trading book to read:

http://www.amazon.com/gp/cdp/member-reviews/A2GRXC6OCDSZH0?ie=UTF8

[billyjoe]

Park,

That's good stuff. Martin Pring in Market Momentum says that fewer than 10 out of 100 putting money in financial markets ever see a profit. I'm glad all of us are in the <10 bunch.

------------billyjoe

[ParkTwain]

http://www.thestreet.com/newsanalysis/wallstreet/10318244.html

[ParkTwain]

Have been making a little dough with MOS since last week also. POT and MOS are benefitting from a flooded potash mine in Russia. ACAS has an 8% divy that will probably go ex around Dec. 1st.

[jiesen]

Russia has inferior potassium.

[ParkTwain]

http://stockmonster.blogspot.com/2006/02/adding-new-screen-for-daytrading-1.html

Buy at mkt at the open, sell at mkt at the next day's open. $10K position per trade. 15% stop loss. The system (I'm not saying the blogger's actual account is up by this much!) is up >300% for 2006 year to date.

He uses StockFetcher.com to perform a nightly scan to find the next day's ROCKET. Here is his formula, as stated in a blog entry of 10/22/2006:

//
The Rocket is now optimized.

Here's the SF script...

show stocks where count(RSI(2) 2 day ago above 90,60) is above 0
and RSI(2) is below 20
and average volume(10) above 250000
and close one day ago more than 8% below close 2 day ago
and close more than 4% below close 1 day ago
and close above 0.99
and 60 day slope of close is above 0
and market is not otcbb
//

On 10/26/2006 he posted:
"Rocket at $17030 today...from $4000 on 1/1/06."


I found the STOCK MONSTER as site #7 on this guy's list of trader blogs:
http://www.movethemarkets.com/blog/blogs-i-read/

[ParkTwain]

Back in ACAS this week. Made some $$$ last week on MOS and it's still acting frisky this week.

Long BRK/B this week. Berkshire has been in blue-sky territory since just before Sept 1st, then it dipped, and since about Oct 1st it's been powering higher. Buffett's biz benefited from superior re-insurance premiums this year vs last year, and the market knows next qtr will be the same story.

No skydiving for you this month, Mr. Buffett, Please!

[Websman]

http://stockmonster.blogspot.com/2006/02/adding-new-screen-for-daytrading-1.html

Buy at mkt at the open, sell at mkt at the next day's open. $10K position per trade. 15% stop loss. The system (I'm not saying the blogger's actual account is up by this much!) is up >300% for 2006 year to date.

He uses StockFetcher.com to perform a nightly scan to find the next day's ROCKET. Here is his formula, as stated in a blog entry of 10/22/2006:

//
The Rocket is now optimized.

Here's the SF script...

show stocks where count(RSI(2) 2 day ago above 90,60) is above 0
and RSI(2) is below 20
and average volume(10) above 250000
and close one day ago more than 8% below close 2 day ago
and close more than 4% below close 1 day ago
and close above 0.99
and 60 day slope of close is above 0
and market is not otcbb
//

On 10/26/2006 he posted:
"Rocket at $17030 today...from $4000 on 1/1/06."


I found the STOCK MONSTER as site #7 on this guy's list of trader blogs:
http://www.movethemarkets.com/blog/blogs-i-read/

This is very interesting... I'll have to check it out.

[Websman]

Park, the stock rocket blog is very fascinating. From what I can tell this guy has racked up some amazing gains this year. I tested the scan today and came up with BMD before he announced it.

I'm going to play around with this and see what I can come up with. In fact, I think I'll enter BMD in the POTW. LOL

[DSteckler]

<< show stocks where count(RSI(2) 2 day ago above 90,60) is above 0 >>

What does he mean by above 90,60? Above 90 I understand. Above 60 I understand. But 90,60?

[Lyehopper]

Park, the stock rocket blog is very fascinating. From what I can tell this guy has racked up some amazing gains this year. I tested the scan today and came up with BMD before he announced it.

I'm going to play around with this and see what I can come up with. In fact, I think I'll enter BMD in the POTW. LOL
I played BMD in the POTW back in May.... I only lost about -8% in five hours.

[Websman]

I played BMD in the POTW back in May.... I only lost about -8% in five hours.

That was then. It'll be different this time. BMD will rock on Monday. jejeje

[ParkTwain]

ATEA
FTGX
IMGN
SGMO
THK

Also, watch BG regarding its role as provider of SOY OIL to Dow Chemical (to YUM restaurants) to replace trans fat ingredients.

[ParkTwain]

I already own ACAS but might not by end of this week.

Given further strength in the overall market, I will probably *buy* one or more from this list this week:
ADBE, APD
CBS
FLIR
GME, GPK
HURN
ISE
PNK
SUNW
WIT

However, looking at the overall market objectively, one would expect to see weakness in the major indexes sooner rather than later.

[ParkTwain]

Almost all of these are at or near their respective all-time high prices per share.

Alert for a bull breakout:
AXP
CSTR
HRL
LIZ
ROP

Alert for a pullback:
ALL, AMP
BEZ, BG
CACH, CDWC, CHTT, CME, CMT, COG
DE
GIL, GSL, GTXI
KOP
MLHR, MON, MTN
NCR, NKE, NSTC
PAY
ROP
SAY, SON
TRAK
VCLK

[ParkTwain]

Today added a little NSTC and bought FTGX as a "jumping bean" near-term speculation.

[ParkTwain]

Almost bought some ISE, but I'm watching it for now.

As of this a.m., I'm long THI, NSTC, FTGX, ACAS.

[ParkTwain]

should be a nice bullish swing trade going forward.

[ParkTwain]

http://www.decisionpoint.com/ChartSpotliteFiles/061201_rr.html

[skiracer]

Almost bought some ISE, but I'm watching it for now.

As of this a.m., I'm long THI, NSTC, FTGX, ACAS.

Park,
Can I put these stocks up as a portfolio on my thread and track your trades?

[ParkTwain]

In concert w/ trio:
http://youtube.com/watch?v=dqKDzycvy20&mode=related&search=

This guy is one of the supreme guitarists of the 20th century. But not everyone's cup of tea. I've been listening to him since about 1977. Find several other videos at YouTube.

[ParkTwain]

Lots of really good-looking action as to all-time high (ATH) breakouts. One thing I had been noticing during the last two weeks is a general decline in daily volume in most of the stocks I'm watching. However, for the stronger stocks shown in the 12/8/06 data, that volume decline is not so much in evidence, which is a bullish thing for those stocks, of course.

This week's and last week's action in several stocks is telling me that some market participants are taking this anti-trans fat movement seriously. Look at BG and DAR (which just reached an 8-year high on 12/8/06). See also this news: http://tinyurl.com/yxmnzo (two consecutive posts, second is "reply" to first).

NOTE: I have my own definition of "all-time high breakout" for purposes of finding candidates for a new long position. I see whether a stock that made a new ATH has done so by passing a previous ATH that must have been at least 20 trading days previous (about 1 calendar month previous). The "breakout" part usually means that at least 2X avg daily volume took place to reach the new ATH. Another variant of this approach is to take note of stocks breaking out higher but whose chart shows a high "ceiling" (let's say, headroom equivalent to a 50% gain beyond today's close) to the next area of significant technical resistance, such as with FFIV as of 12/8/06.

Here's the list of new ATH breakouts made on 12/8/06:
ATVI
BTJ
GENT
HTI (major drug deal announced 12/6/06; DO YOUR DD!)
OMTR
PAY
SLF, SMG
TRAK, TRMA

Some other stocks I'm liking for next week based on Friday's action:
ARCC
BG (trans fat tie-in)
DAR (high ceiling variant) (trans fat tie-in)
EV
FFIV (high ceiling variant), FMD, FRP, FRZ
MDCO (like GENT listed above) (see heparin drug news on 12/8/06:
http://tinyurl.com/up2xv )
ICON
LBTYA, LIZ
PSEC
SON, STLD
X

What's pleasingly amazing about one day's data like this is that a position trader like me doesn't need to juggle more than about 5 stocks at a time (risk of 5% per position with no more than 20% of capital in each position, for portfolio risk per position of no more than 1%), so the pickings appear to be really rich based on just this one day's data.

[ParkTwain]

Found at "Encyclopedia of Chart Patterns" author Tom Bulkowski's web site:
http://thepatternsite.com/stops.html

[billyjoe]

Park,
Lots of good stuff in the ATH post. Thanks

--------billyjoe

[ParkTwain]

This one surprised me tonight. I looked the "max" timeframe chart for SFL tonight at Yahoo Finance, then looked at more or less the same chart (3 years) at stockcharts.com. Very different data are presented. On the stockcharts.com chart I can see that the pps reached a new all-time high over 1 month ago. You don't see that on the Yahoo max chart. I don't know right now which is right or wrong.
http://finance.yahoo.com/q/bc?s=SFL&t=5y&l=on&z=m&q=l&c=

[billyjoe]

Park,
Went to several diff. charts and see all time high around 26 in late Nov. '04. See it hitting 23 twice in mid and late Nov. '06.

--------------billyjoe

[ParkTwain]

To Recover This Loss ... Requires This Gain

1% ... 1.0%
2% ... 2.0%
3% ... 3.1%
4% ... 4.2%
5% ... 5.3%
6% ... 6.4%
7% ... 7.5%
8% ... 8.7%
9% ... 9.9%

10% ... 11.1%
15% ... 17.6%
20% ... 25.0%
25% ... 33.0%
30% ... 42.9%
35% ... 53.8%
40% ... 66.7%
45% ... 81.8%
50% ... 100.0%

[IIC]

To Recover This Loss ... Requires This Gain

1% ... 1.0%
2% ... 2.0%
3% ... 3.1%
4% ... 4.2%
5% ... 5.3%
6% ... 6.4%
7% ... 7.5%
8% ... 8.7%
9% ... 9.9%

10% ... 11.1%
15% ... 17.6%
20% ... 25.0%
25% ... 33.0%
30% ... 42.9%
35% ... 53.8%
40% ... 66.7%
45% ... 81.8%
50% ... 100.0%


You didn't go far enough...What if I lose 100%?

But on a serious note I also figure the opposite...If I make 50% how much do I have to lose to go back to even...33%

[ParkTwain]

//
THE FUTURE WORTH OF A NICKLE
by Mike "Mish" Shedlock

"People who melt pennies or nickels to profit from the jump in metals prices could face jail time and pay thousands of dollars in fines, according to new rules out Thursday," reported USA Today last week.

"Soaring metals prices mean that the value of the metal in pennies and nickels exceeds the face value of the coins. Based on current metals prices, the value of the metal in a nickel is now 6.99 cents, while the penny's metal is worth 1.12 cents, according to the U.S. Mint…

"'The nation needs its coinage for commerce,' U.S. Mint director Ed Moy said in a statement. 'We don't want to see our pennies and nickels melted down so a few individuals can take advantage of the American taxpayer. Replacing these coins would be an enormous cost to taxpayers'…

"Under the new rules, it is illegal to melt pennies and nickels. It is also illegal to export the coins for melting. Travelers may legally carry up to $5 in 1- and 5-cent coins out of the USA or ship $100 of the coins abroad 'for legitimate coinage and numismatic purposes.'"

Note the irony in the mint for being concerned about those who would "take advantage of the American taxpayer," when the actual production cost for each penny is now up to 1.73 cents, according to the Houston Chronicle. Year in and year out, The U.S. Mint wastes money by coining pennies.

Notice that the Mint produced $78,612,000 worth of pennies at a cost of $135,998,760, thereby wasting $57,386,760 of taxpayer money through November 2006. Worse yet are the continued handling charges (and time wasted) by merchants and banks sorting and counting the damn things.

Following is an e-mail conversation I had with John Rubino at Dollarcollapse.com shortly after I wrote "Pennies, Nickels, and Dollars":

Mish: Oddly enough, it is quite likely that The Mint will bring upon the very conditions it hopes to prevent! Telling people 20 nickels are worth 40% more than a dollar can only invite hoarding.

Rubin Exactly! I told my 9-year-old about the nickel thing today (he's home from school with a cold) and he immediately got our change jars out and started picking out the nickels.

The Mint had to be crazy to announce that a nickel is worth 7 cents. I got to thinking about this a bit more, and a nickel is really 0.05 dollars plus a call option on the price of copper and nickel (the metals) in the nickel. If that option is ITM (in the money) enough, the mint cannot prevent people from hoarding them, which will in turn drive up the cost of producing them. In fact, the actual price does not even have to get high enough; the mere expectation that metal prices will get high enough could cause hoarding. Of course, the Mint tried to negate that call option by making it illegal to melt the coins, but that will not stop hoarding if the expected or actual price of copper and nickel gets high enough.

All the Mint really accomplished was telling everyone that a nickel is backed up by something useful, even if a dollar is not. Eventually, this is likely to force the mint to debase the nickel by replacing the copper and nickel in the nickel with steel or aluminum.

Recall that the Mint long ago replaced much of the nickel in nickels with copper, just as it removed the silver in silver dollars and replaced the copper in pennies with zinc. That is actually the process I was referring to when I suggested nickels would soon be confiscated.

In the short term, it is likely the value of a nickel drops to a nickel or less because of the falling price of copper. If there were as much nickel in nickels as there used to be, then nickels would be worth even more than today's copper nickels.

Many of you know that I have been bearish on copper for quite some time. I have been bearish on copper simply because so much of it is used in housing. I expected that symmetrical triangle to break down, and it did. Also note that I was lenient in how I redrew that triangle. The lighter blue line at the base was the lower edge of the previous triangle I was looking at.

We have since then seen a retest of support at the 320 level that seems to have failed, as well as multiple failed tests of the triangle (using previous lines). My target remains the 220 level, but 160-180 is not out of the question. Technically, copper is broken. Can it blast higher anyway? Yes, it can. I just do not think it is likely.

Exactly what are Dr. Copper and Lumber telling us? To me, it is obvious. This economy is in trouble.

Let's now return to my previous question: "In what time frame will the current (and probably soon-to-be confiscated) nickel be worth more than a dollar?"

Aaron Krowne gave a couple of possible answers to that question on AutoDogmatic.com:

"If base metal values continue to increase by 5% per year on average, and the dollar continues to depreciate by about the same, then in about 26½ years, a nickel will be worth a dollar in inherent value. If the rates are 10% per year, then in a bit over 13 years, this milestone will be reached."

Some might think Aaron is asking too much, others too little, and in the short term, I am still calling for a pullback in copper prices. But what's to lose by hoarding nickels? Oddly enough, hoarding nickels is a hedge against both hyperinflation and deflation. If hyperinflation kicks in, a nickel might be worth more than a quarter (in metal content) in no time flat. If deflation kicks in as I suspect, cash will be a good thing to have. If you are going to hold cash (change), it may as well be in nickels.

Regards,

Mike Shedlock ~ "Mish"

Editor's Note: Michael Shedlock (Mish) worked in the financial services industry for 20 years at some of the top institutions in the country including Harris Bank, the Bank of Montreal, Bank One, First National Bank of Chicago, and First Data Corp. Mish is currently doing economic and investment research for a number of clients. In addition, Mish runs one of the more popular stock boards on the Motley Fool, Investment Analysis Clubs/Mishedlo and one of the more popular boards on Silicon Investor as well, Mish's Global Economic Trend Analysis.
//

[ParkTwain]

holding THI, DISCA

may still buy HTI going forward

My trading acct will probably end the CY with a measly +12% or so gain. I lost track of the market early in the summer due to major problems at work and never got my mojo back.

[mimo_100]

//
THE FUTURE WORTH OF A NICKLE
by Mike "Mish" Shedlock

"People who melt pennies or nickels to profit from the jump in metals prices could face jail time and pay thousands of dollars in fines, according to new rules out Thursday," reported USA Today last week.

"Soaring metals prices mean that the value of the metal in pennies and nickels exceeds the face value of the coins. Based on current metals prices, the value of the metal in a nickel is now 6.99 cents, while the penny's metal is worth 1.12 cents, according to the U.S. Mint…

"'The nation needs its coinage for commerce,' U.S. Mint director Ed Moy said in a statement. 'We don't want to see our pennies and nickels melted down so a few individuals can take advantage of the American taxpayer. Replacing these coins would be an enormous cost to taxpayers'…

"Under the new rules, it is illegal to melt pennies and nickels. It is also illegal to export the coins for melting. Travelers may legally carry up to $5 in 1- and 5-cent coins out of the USA or ship $100 of the coins abroad 'for legitimate coinage and numismatic purposes.'"

Note the irony in the mint for being concerned about those who would "take advantage of the American taxpayer," when the actual production cost for each penny is now up to 1.73 cents, according to the Houston Chronicle. Year in and year out, The U.S. Mint wastes money by coining pennies.

Notice that the Mint produced $78,612,000 worth of pennies at a cost of $135,998,760, thereby wasting $57,386,760 of taxpayer money through November 2006. Worse yet are the continued handling charges (and time wasted) by merchants and banks sorting and counting the damn things.

Following is an e-mail conversation I had with John Rubino at Dollarcollapse.com shortly after I wrote "Pennies, Nickels, and Dollars":

Mish: Oddly enough, it is quite likely that The Mint will bring upon the very conditions it hopes to prevent! Telling people 20 nickels are worth 40% more than a dollar can only invite hoarding.

Rubin Exactly! I told my 9-year-old about the nickel thing today (he's home from school with a cold) and he immediately got our change jars out and started picking out the nickels.

The Mint had to be crazy to announce that a nickel is worth 7 cents. I got to thinking about this a bit more, and a nickel is really 0.05 dollars plus a call option on the price of copper and nickel (the metals) in the nickel. If that option is ITM (in the money) enough, the mint cannot prevent people from hoarding them, which will in turn drive up the cost of producing them. In fact, the actual price does not even have to get high enough; the mere expectation that metal prices will get high enough could cause hoarding. Of course, the Mint tried to negate that call option by making it illegal to melt the coins, but that will not stop hoarding if the expected or actual price of copper and nickel gets high enough.

All the Mint really accomplished was telling everyone that a nickel is backed up by something useful, even if a dollar is not. Eventually, this is likely to force the mint to debase the nickel by replacing the copper and nickel in the nickel with steel or aluminum.

Recall that the Mint long ago replaced much of the nickel in nickels with copper, just as it removed the silver in silver dollars and replaced the copper in pennies with zinc. That is actually the process I was referring to when I suggested nickels would soon be confiscated.

In the short term, it is likely the value of a nickel drops to a nickel or less because of the falling price of copper. If there were as much nickel in nickels as there used to be, then nickels would be worth even more than today's copper nickels.

Many of you know that I have been bearish on copper for quite some time. I have been bearish on copper simply because so much of it is used in housing. I expected that symmetrical triangle to break down, and it did. Also note that I was lenient in how I redrew that triangle. The lighter blue line at the base was the lower edge of the previous triangle I was looking at.

We have since then seen a retest of support at the 320 level that seems to have failed, as well as multiple failed tests of the triangle (using previous lines). My target remains the 220 level, but 160-180 is not out of the question. Technically, copper is broken. Can it blast higher anyway? Yes, it can. I just do not think it is likely.

Exactly what are Dr. Copper and Lumber telling us? To me, it is obvious. This economy is in trouble.

Let's now return to my previous question: "In what time frame will the current (and probably soon-to-be confiscated) nickel be worth more than a dollar?"

Aaron Krowne gave a couple of possible answers to that question on AutoDogmatic.com:

"If base metal values continue to increase by 5% per year on average, and the dollar continues to depreciate by about the same, then in about 26½ years, a nickel will be worth a dollar in inherent value. If the rates are 10% per year, then in a bit over 13 years, this milestone will be reached."

Some might think Aaron is asking too much, others too little, and in the short term, I am still calling for a pullback in copper prices. But what's to lose by hoarding nickels? Oddly enough, hoarding nickels is a hedge against both hyperinflation and deflation. If hyperinflation kicks in, a nickel might be worth more than a quarter (in metal content) in no time flat. If deflation kicks in as I suspect, cash will be a good thing to have. If you are going to hold cash (change), it may as well be in nickels.

Regards,

Mike Shedlock ~ "Mish"

Editor's Note: Michael Shedlock (Mish) worked in the financial services industry for 20 years at some of the top institutions in the country including Harris Bank, the Bank of Montreal, Bank One, First National Bank of Chicago, and First Data Corp. Mish is currently doing economic and investment research for a number of clients. In addition, Mish runs one of the more popular stock boards on the Motley Fool, Investment Analysis Clubs/Mishedlo and one of the more popular boards on Silicon Investor as well, Mish's Global Economic Trend Analysis.
//


Rob usually catches spelling anomalies.

THE FUTURE WORTH OF A NICKLE
by Mike "Mish" Shedlock

I believe that nickel is the accepted spelling of the US coin, although nickle is a variant listed in Webster.

[ParkTwain]

Just picked up a used copy for $10.00 in hardcover at a local used bookstore. This is a tough book to find at a low price. See Amazon.com, Alibris.com, and Abebooks.com to get my point.

[ParkTwain]

Other non-Israel experts say Iran is "at least half a decade away" from being able to operate large numbers of cascading centrifuges for purifying uranium for bomb-making purposes.

Article by the Manchester Guardian (UK):

http://observer.guardian.co.uk/world/story/0,,2000303,00.html

//
Peter Beaumont, foreign affairs editor
Sunday January 28, 2007

Iran's efforts to produce highly enriched uranium, the material used to make nuclear bombs, are in chaos and the country is still years from mastering the required technology.

Iran's uranium enrichment programme has been plagued by constant technical problems, lack of access to outside technology and knowhow, and a failure to master the complex production-engineering processes involved. The country denies developing weapons, saying its pursuit of uranium enrichment is for energy purposes.

Despite Iran being presented as an urgent threat to nuclear non-proliferation and regional and world peace - in particular by an increasingly bellicose Israel and its closest ally, the US - a number of Western diplomats and technical experts close to the Iranian programme have told The Observer it is archaic, prone to breakdown and lacks the materials for industrial-scale production.

The disclosures come as Iran has told the UN nuclear watchdog, the International Atomic Energy Agency [IAEA], that it plans to install a new 'cascade' of 3,000 high-speed centrifuges at its controversial underground facility at Natanz in central Iran next month.

The centrifuges were supposed to have been installed almost a year ago and many experts are extremely doubtful that Iran has yet mastered the skills to install and run it. Instead, they argue, the 'installation' will more probably be about propaganda than reality.

The detailed descriptions of Iran's problems in enriching more than a few grams of uranium using high-speed centrifuges - 50kg is required for two nuclear devices - comes in stark contrast to the apocalyptic picture being painted of Iran's imminent acquisition of a nuclear weapon with which to attack Israel. Instead, say experts, the break-up of the nuclear smuggling organisation of the Pakistani scientist Abdul Qadheer Khan has massively set back an Iran heavily dependent on his network.

A key case in point is that Tehran originally procured the extremely high-quality bearings required for the centrifuges' carbon-fibre 'top rotors' - spinning dishes within the machines - from foreign companies in Malaysia.

With that source closed down two years ago, Iran is making the bearings itself with only limited success. It is the repeated failure of these crucial bearings, say some sources, that has been one of the programme's biggest setbacks.

Iran is also believed to be critically short of key materials for producing a centrifuge production line to highly enrich uranium - in particular the so-called maraging steel, able to be used at high temperatures and under high stress without deforming - and specialist carbon fibre products. In this light, say some experts, its insistence that it will install 3,000 new centrifuges at the underground Natanz facility in the coming months is as much about domestic PR as reality.

The growing recognition, in expert circles at least, of how far Iran is from mastering centrifuge technology was underlined on Friday by comments by the head of the IAEA, whose inspectors have been attempting to monitor the Iranian nuclear programme.

Talking to the World Economic Forum at Davos, Switzerland, Mohamed El Baradei appealed for all sides to take a 'time out' under which Iranian enrichment and UN sanctions would be suspended simultaneously, adding that the point at which Iran is able to produce a nuclear weapon is at least half a decade away. In pointed comments aimed at the US and Israel, the Nobel Peace prize winner warned that an attack on Iran would have 'catastrophic consequences'.

Yet some involved in the increasingly aggressive standoff over Iran fear tensions will reach snapping point between March and June this year, with a likely scenario being Israeli air strikes on symbolic Iranian nuclear plants.

The sense of imminent crisis has been driven by statements from Israel, not least from Prime Minister Ehud Olmert, who has insisted that 2007 is make-or-break time over Iran's nuclear programme.

Recent months have seen leaks and background briefings reminiscent of the softening up of public opinion for the war against Iraq which have presented a series of allegations regarding Iran's meddling in Iraq and Lebanon, the 'genocidal' intentions of its president, Mahmoud Ahmadinejad, and its 'connections' with North Korea's nuclear weapons programme.

It also emerged last week in the Israeli media that the country's private diplomatic efforts to convince the world of the need for tough action on Iran were being co-ordinated by Meir Dagan, the head of Israel's foreign intelligence service, Mossad.

The escalating sense of crisis is being driven by two imminent events, the 'installation' of 3,000 centrifuges at Natanz and the scheduled delivery of fuel from Russia for Iran's Busheyr civil nuclear reactor, due to start up this autumn. Both are regarded as potential trigger points for an Israeli attack.

'The reality is that they have got to the stage where they can run a small experimental centrifuge cascade intermittently,' said one Western source familiar with the Iranian programme. 'They simply have not got to the stage where they can run 3,000 centrifuges There is no evidence either that they have been stockpiling low-enriched uranium which could be highly enriched quickly and which would give an idea of a malevolent intent.'

Another source with familiarity with the Iranian programme said: 'Iran has put all this money into this huge hole in the ground at Natanz; it has put a huge amount of money in these P-1 centrifuges, the model rejected by Urenco. It is like the Model T Ford compared to a Prius. That is not to say they will not master the technology eventually, but they are trying to master very challenging technology without access to everything that they require.'
//

[ParkTwain]

"New Research: If a Stock Drops 5 Days in a Row, Should You Buy It?"
http://biz.yahoo.com/tm/070126/15384.html
//
Avg 1-week return of stocks that close down 5+ consecutive days: 0.98%
//


http://www.trade-ideas.com/StockInfo/more_down_days.html
//
Description

This list shows which stocks have gone down for more than 5 consecutive days. This is based strictly on the closing price of the stock each day.

The symbol with the longest losing streak are on top. After that they are sorted by volume.
//

[ParkTwain]

The XOI is a tradeable index of large oil company stocks.

Only four stocks that are XOI components outperformed the XOI in the last 12 months: REP, CVX, MRO, and XOM. The other components either underperformed or pretty much tracked the index.

http://finance.yahoo.com/q/bc?s=%5EXOI&t=1y&l=on&z=l&q=l&c=cvx,mro,rep,xom

You can type the stock symbol of any other stock (such as another oil stock) into the "Compare" field to see whether has performed better or worse than these.

Maybe some of the other smaller oil companies have done even better.

MRO performed with this crowd over the last 12 months, but has outperformed them over the last 24 months and over the last 5 years. I did a quick check on MRO's geographic areas of operations (sources of its oil/gas) and practically none of it is from the Middle East. Seems to me this would be an advantage if Iran and Iraq go cuckoo later this year. What good is a high price for oil if you can't get yours shipped out of the Gulf (like CVX and XOM)? I wonder whether this accounts for MRO's outperformance.

This is how I would start to find the right oil stock to own going forward. I don't want big exposure to a Mid East source or to shipments that go through the Persian Gulf.

A lot of the oil stocks move in lockstep with each other, so owning any one of those is an equivalent play (at least with regard to past price performance).

[ParkTwain]

Bought these a few days ago and feeling OK about it ... How can we not make any $$$ right now in this market?

[SundialMan]

Iran may be a 5 years away from a full workable nuclear program. But considering Iran's holding a "there was no Holocaust" conference and also recently demanding that European countries send them documentation that the Holocaust occurred, it is in Israel's - or the rest of the world's - best interest to consider the consequences of a nuclear Iran today and raise the issue. There are many towns in the US that plan 5 or 10 years ahead for water and sewage treatment. The nuclear Iran issue could lead to a lot more pollution than some high part per million bacteria in water. And many people discuss start up companies on these boards that won't have a significant market for 3-5 years from now.

Implying that anyone who is concerned about a nuclear Iran today is not one of the "calmer heads" is wrong. In fact, it is just the opposite. A calmer head would consider what to do today rather than wait until the last minute in an actual or near-actual nuclear blackmail situation.

Jack

[ParkTwain]

Remember that right now Iran is being governed by their equivalent of a committee of Jerry Falwells, and there are signs that their people are getting tired of the act. What Iran's president says to the world is meant for the play it gets at home.

I think a legitimate response to these pronouncements out of Iran is the question: Why is Iranian Shia Islam so filled with hate at Israel? Are these Shia "family values"? Hate-mongers should be called out and marginalized in international relations just as in domestic politics.

There is the point of view that all this international hot air is an indication of the very real struggle for regional power in the Middle East, that Iran has chosen to step into the vacuum that was left by the removal of pressure (against the U.S.) formerly provided by the Soviet Union regarding Middle East affairs. Everyone's got an agenda, nothing's new there. And the militarist forces in the U.S., Iran, and Israel like it that way; it gives their respective militaries a "mission" out there.

What disappoints me is that American politics has now descended to the terms of debate provided by the tribal, religion-dominated societies of the Middle East, including that satellite of the West, Israel. It somehow is now seen as a wonderful thing that the U.S. is now "just like Israel" in that we now have to mobilize our entire society to address "terrorism" and wear it with a badge of honor and bravery, instead of looking at "how did we get here?" (i.e., is there no limit to America's support for Israel?) and "is all this necessary because of 20 guys carrying box cutters?" (i.e., the FAA kowtowed to the domestic airline companies about not securing airliner cockpits against criminal acts). The U.S. is NOT basically like Israel, and I don't think that the majority of Americans really wants that.

BTW - Did you know that Israel recognizes a marriage that takes place domestically only if it is performed under Orthodox sanction? Talk about using religion as a hammer! Check out this article: http://news.bbc.co.uk/1/hi/programmes/this_world/4215160.stm

[SundialMan]

"BTW - Did you know that Israel recognizes a marriage that takes place domestically only if it is performed under Orthodox sanction? Talk about using religion as a hammer! Check out this article: http://news.bbc.co.uk/1/hi/programme...ld/4215160.stm"

Park, The mullahs in Iran are like Jerry Falwell? You wish they were. You'd have a lot less concerns. When was the last time Falwell got his congregation together to stone an adulterer or adulteress to death?

As for Israel's requiring a religious marriage, I've known that for 30 years. There are a few issues to discuss here. Firstly, this applies to Jews only, i.e., people claiming to be members of the religion. Secondly, Israel recognizes weddings that take place overseas. Arriving immigrants from Russia or Ethiopia don't have to be remarried. And native Israeli Jews have been known to go to Cyprus or Europe and get married, return with an accepted wedded status.

Lastly, ParkTwain, where is your respect for multiculturalism, especially in a foreign country? Are you saying they should change their religion and culture just to please someone who lives 7-11,000 miles away? I thought liberalism and tolerance were all about accepting other people's cultures. Or is that only for non-Judeo-Christian cultures? I doubt that a non-Catholic could be
married in a ceremony in the political borders of Vatican City. And I'd really doubt anyone other than a Muslim could be married in Saudi Arabia.

I'll read your response to this, should you post it, but I think we both have heard each other out and offer a lot more heat than light to anyone reading this exchange. I've heard your type of response - and my type of response - many times before.

Jack

[ParkTwain]

The mullahs in Iran are like Jerry Falwell? You wish they were. You'd have a lot less concerns. When was the last time Falwell got his congregation together to stone an adulterer or adulteress to death?

Is the only reason you think that Falwell is "softer" than the mullahs is that his running orders come ostensibly from the New Testament rather than the Old? (I doubt that you would want to have lived under King David.) My point is that both Iran's mullahs and Jerry Falwell are theocratic fascists, but of course Falwell hasn't yet gained his office. Each represents a step backward, a regression, in the history of mankind.


As for Israel's requiring a religious marriage, I've known that for 30 years. There are a few issues to discuss here. Firstly, this applies to Jews only, i.e., people claiming to be members of the religion. Secondly, Israel recognizes weddings that take place overseas. Arriving immigrants from Russia or Ethiopia don't have to be remarried. And native Israeli Jews have been known to go to Cyprus or Europe and get married, return with an accepted wedded status.

I just thought that the BBC article was interesting in documenting that many young Israelis are going overseas to have a non-religious wedding ceremony. Is the Israeli law behind this practice subject to repeal by the Israeli legislature? Is so, I'm interested in why it hasn't been repealed yet, since it represents the interests of a political minority in Israel.


Lastly, ParkTwain, where is your respect for multiculturalism, especially in a foreign country? Are you saying they should change their religion and culture just to please someone who lives 7-11,000 miles away? I thought liberalism and tolerance were all about accepting other people's cultures. Or is that only for non-Judeo-Christian cultures? I doubt that a non-Catholic could be married in a ceremony in the political borders of Vatican City. And I'd really doubt anyone other than a Muslim could be married in Saudi Arabia.

How I feel about Israeli laws was not my point about mentioning Israel's marriage restrictions, but rather the question of how is it that a religious faction comprising an electoral minority in a democracy has such prescriptive sway about such basic social behaviors.

As I understand it, there are non-Jews who are citizens of the Israeli state -- or should I say less than fully enfranchised citizens of the Israeli state. So those folks can't have a legally recognized non-Orthodox wedding within Israel? I would say, this ain't the way to build social solidarity within a nation. But Israel certainly isn't the only practioner of this kind of "tribal" notion of citizenship: see also Germany.

I am distinctly biased in favor of the American principle of the government not favoring or prohibiting religious practices per se.


I'll read your response to this, should you post it, but I think we both have heard each other out and offer a lot more heat than light to anyone reading this exchange. I've heard your type of response - and my type of response - many times before.

You know next to nothing about me, except from a couple of posts on an Internet chat board. Please don't jump to your conclusions.

Finally, here is an interesting essay I found recently by Hayek in which he explains why he didn't consider himself a "conservative" but rather a classical "liberal" (i.e., libertarian) or "Old Whig."

http://www.geocities.com/ecocorner/intelarea/fah1.html

"It is for this reason that to the [classical] liberal neither moral nor religious ideals are proper objects of coercion, while both conservatives and socialists recognize no such limits. I sometimes feel that the most conspicuous attribute of [classical] liberalism that distinguishes it as much from conservatism as from socialism is the view that moral beliefs concerning matters of conduct which do not directly interfere with the protected sphere of other persons do not justify coercion. This may also explain why it seems to be so much easier for the repentant socialist to find a new spiritual home in the conservative fold than in the [classical] liberal."

[ParkTwain]

I found this essay ("a secular history of Islam") interesting and informative, though I don't yet take every statement as true history. It looks like it can be a basis for further reading and understanding about Islamic societies. The essay's author, Tariq Ali, was raised in Lahore, Pakistan, but received his higher education in England and still lives there today. He is a strident athiest and democratic socialist.

http://www.lrb.co.uk/v24/n03/ali_01_.html

//
Judaism, Christianity and Islam all began as versions of what we would today describe as political movements. They were credible belief-systems which aimed to make it easier to resist imperial oppression, to unite a disparate people, or both. If we look at early Islam in this light, it becomes apparent that its Prophet was a visionary political leader and its triumphs a vindication of his action programme. Bertrand Russell once compared early Islam to Bolshevism, arguing that both were 'practical, social, unspiritual, concerned to win the empire of this world'. By contrast, he saw Christianity as 'personal' and 'contemplative'. Whether or not the comparison is apt, Russell had grasped that the first two decades of Islam had a distinctly Jacobin feel. Sections of the Koran have the vigour of a political manifesto, and at times the tone in which it addresses its Jewish and Christian rivals is as factional as that of any left-wing organisation. The speed with which it took off was phenomenal. Academic discussion as to whether the new religion was born in the Hijaz or Jerusalem or elsewhere is essentially of archaeological interest. Whatever its precise origins, Islam replaced two great empires and soon reached the Atlantic coast. At its height three Muslim empires dominated large parts of the globe: the Ottomans with Istanbul as their capital, the Safavids in Persia and the Mughal dynasty in India.
//