stock watch, stock recommendation

Begin part 3 of 3

Play Date: 08/18/2003
RARE (Rare Hospitality--$36.52; -0.98; optionable): Restaurants. Splits 3:2 on 9-3-03
http://biz.yahoo.com/p/r/rare.html
STATUS: Breakout. We already have some positions in RARE, and Friday it fell back with the market, but on very low volume. This follows a strong volume move earlier in the week. We are viewing this as a chance to get into some more positions as the stocks rallied back on rising volume. Excellent money flow and a relative strength breakout. Accumulation in the short lateral base is a solid 3 to 1.
Volume: 196.459K Avg Volume: 278.999K
BUY POINT: New: $37.88 (orig. $36.82) Volume=300K Target=$42.25 Stop=$36.15
POSITION: QRH KG - Nov. $35c (58 delta) &/or Stock
http://www.investmenthouse.com/cs/rare.html

Play Date: 08/21/2003
SNPS (Synopsis--$67.51; -1.36; optionable): Technical software. Splits 2:1 on 9-4-03
http://biz.yahoo.com/p/s/snps.html
STATUS: Testing the breakout. SNPS blew higher Thursday on some great volume and then got caught in the Friday pullback. It gapped higher and then closed lower, but able to rally off the 10 day MVA test (66.73). Volume was lower and we like that it was able to recoup its losses. This is another stock that we view as an opportunity on this pullback.
Volume: 2.455M Avg Volume: 1.667M
BUY POINT: New: $69.06 Volume=2.5M Target=$77.75 Stop=$65.44
POSITION: YPQ LN - Dec. $70c (52 delta) &/or Stock
http://www.investmenthouse.com/cs/snps.html

WATCHLIST/ CONTINUING

LEGEND

DATE: date play first appeared on report.

PLAY: Denotes the type of pattern or play.
Upside play types: A Wedge=Ascending triangle/wedge; BO=Breakout; Cup=Cup base; Cup hdl=Cup w/handle; DB hdl=Double bottom w/handle; Dbl btm=Double bottom; Flat=Flat base; FlyPlat=Flying Plateau; Pennant=Pennant; PreAnn=Pre-Announcement split; PreSplt=Pre-split; Rv H&S=Reverse head & shoulders; Saucer=Saucer base; Test 18=Testing 18 day MVA; Test 50=Testing 50 day MVA; Test BO=Testing the breakout (could be 10 day MVA test, etc.)
Downside play types: CCall=Covered Call; DWedge=Descending triangle/wedge; Dbl Top=Double top; H&S=Head & shoulders; Put (generic downside);

PIVOT=Buy point

Tgt=Target stock price for the play. Applies to stock and options.

Vol=Volume for the most recent session.

TgtV=Target volume to enter the play.

Stop=Stop advisory point. This is advisory and we may or may not exit a play if it hits this level depending upon market conditions.

Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop

ACV 08/04 Test 18 55.83 -0.57 56.45 65.85 138K 400K 52.5
Buy Not Issued.

ACV 07/19 BO 55.83 -0.57 54.8 65.85 138K 400K 55.86
Current. Gapped up to close down to hold the 18 day MVA. Volume was slightly higher. Stock needs to hold here or we will exit the play.

AMEV 07/26 A Wedge 6.78 -0.11 5.75 6.88 11K 200K 5.89
Target Hit. Took the gain when stock hit the target.

AMEV 06/07 Test BO 6.78 -0.11 4.75 6 11K 102K 5.89
Target Hit.

AMT 08/16 Cup hdl 10.9 +0.08 10.64 12.77 913K 2.8M 10.36
Current. Continued to move up the 10 day MVA on lower volume. Continue to let the stock work for us.

ANAD 08/16 Cup hdl 4.28 -0.11 4.27 5.32 297K 625K 3.99
Current. Pull back on lower volume and holding up quite well.

APOL 08/14 Test 50 63.81 -1.93 65.88 75.45 1.5M 2M 63.58
Current.

AVP 08/14 Test 50 61.48 -0.68 64.78 74.5 828K 1.7M 62.75
Buy Not Hit.

AVP 03/29 BO 61.48 -0.68 57.58 65.88 828K 1.7M 62.92
Exited. Exited with a trailing stop as it could not break back
over the 50 day MVA.

BBBY 08/16 Cup 42.59 +0.04 41.88 48 3.1M 5.2M 39.28
Buy Not Issued. Moved up on higher volume, but still below average. Stock made its ascent on low volume. We did not enter the play because the volume was not there. Will let it form the handle now.

BEBE 07/01 Test BO 21.55 -0.04 20.9 24.95 126K 321K 21.62
Current. Moved slightly down on higher volume, but still below average. Tested the simple 50 day MVA. Must hold here or will look to exit.

BGEN 08/05 Put 37.31 -1.03 36.42 33.25 1.8M 4M 38.15
Buy Not Issued. Moved down on lower volume. Needs to continue the move down on higher volume.

BHE 08/12 FlyPlat 43.39 -0.11 42.95 49 401K 550K 41.94
Current. Gapped up but closed down on higher volume. Still in good shape in the uptrend, but it needs to hold the uptrend.

BSX 07/31 Cup hdl 65.61 -0.89 66.53 76.35 2.3M 5M 64.24
Current. Pull back on lower volume. Still in good shape.

CBK 07/31 Flat 40.63 -2.37 40.15 46 507K 450K 40.34
Current. Moved sharply down to slightly above the 18 day MVA. Fell through the 18 day MVA intraday. Big money came in to hold the stock at the 18 day MVA, but it needs to hold here.

CCMP 08/13 Cup hdl 67 +1.01 65.5 74.88 750K 1.2M 64.94
Current. Gapped up, but lost most of the day's gain. Stock still closed up for the day with slightly lower volume.

CECO 07/31 FlyPlat 90.18 -2.82 85.72 95.25 674K 1M 86.93
Current. Moved down to hold the 10 day MVA on higher volume, but still below average.

CECO 07/19 Test 18 90.18 -2.82 75.74 86.55 674K 1.2M 86.93
Current.

CECO 05/29 Test 50 90.18 -2.82 62.55 73.45 674K 1M 86.98
Current.

CELL 07/21 Cup hdl 31.5 0 19.25 23.25 243K 225K 29.49
Current. Gapped up to close flat on lower volume.

CHIR 08/20 Dbl btm 49.51 -1.46 49.55 56.95 2.1M 2.8M 49.34
Current. Pull back to lose most of Thursday's gain on lower volume. Still in good shape, but don't like that quick turn lower. Needs to hold the breakout.

CHRD 07/28 Test BO 3.69 +0.14 3.22 4.05 1.3M 822K 3.22
Current. Good move up on higher volume.

CHS 07/23 Test BO 27.68 -0.59 27.05 31.25 757K 2.2M 27.18
Current. Gapped up but lost its gain to close holding the 10 day MVA. The volume was higher but still below average. Still in good shape but will need to hold at the 18 day MVA.

CLE 08/16 Cup hdl 34.28 -0.17 31.32 37.62 650K 884K 29.45
Buy Not Issued. Pull back on lower volume. Waiting for the stock to pull back some more toward the gap up point so that we can have an entry point.

COCO 07/19 Test 50 56.93 -1.27 54.15 64.75 556K 1.2M 55.65
Current. Moved down to hold the 10 day MVA on higher volume. May try the 18 day, but that is as low as it should go.

COH 08/16 PreSplt 55.49 -1.05 55.32 63.75 715K 950K 54.78
Current. Pull back on lower volume. Still in good shape.

COH 07/10 BO 55.49 -1.05 55.79 65 715K 1.4M 54.88
Current.

COLM 08/14 Flat 51.5 -0.33 54.12 64.95 73K 475K 51.85
Buy Not Hit. Gapped down to hold the simple 50 day MVA on lower volume. Reached up through 10 day MVA intraday.

CPWM 07/31 Test 50 38.66 -0.3 40.06 48 291K 375K 37.94
Buy Not Issued. Pull back on lower volume. Touched the buy point but did not like the day's volatility so did not enter the play.

DADE 07/08 Flat 26.99 -0.92 24.92 29.94 169K 435K 26.24
Current. Moved down to hold the 10 day MVA on higher volume, but still below average. Touched the 18 day MVA intraday and bounced back. Needs to make a stand here.

DG 08/12 Cup hdl 20.09 -0.21 19.85 23.88 1.2M 2.9M 19.58
Current. Pull back on lower volume. Still in good shape.

DHR 08/07 DB hdl 76.22 -0.36 74.63 85.75 715K 1.6M 74.78
Current. Gapped up to close slightly down on lower volume. Still in good shape.

DSPG 07/19 A Wedge 26.75 -1.84 25.96 31.45 345K 536K 26.45
Current. Gapped up but fell to hold at the 10 day MVA on higher volume. Will watch to see if the stock tests the 18 day MVA and then bounces from there.

EBAY 08/02 PreSplt 110.98 -1.62 107.55 120 6.5M 9M 107
Current. Gapped up to close down on lower volume. Still in good shape.

EBAY 03/08 BO 110.98 -1.62 80.08 92 6.5M 8M 107
Current.

EMBT 07/26 Cup hdl 8.48 +0.01 8.75 10.48 219K 400K 8.14
Buy Not Hit. Moved slightly up on higher volume. Wide swing up and down to close up after losing most of the day's gain. Still in good shape.

ERICY 08/11 Test 18 15.21 -0.35 14.82 17.74 1.5M 5M 14.82
Current. Moved down on lower volume. Still in good shape.

ETN 05/31 Cup hdl 90.01 -1.07 86 100 434K 650K 86.94
Current. Moved down on lower volume. Still in good shape.

FOSL 08/09 Test BO 27.65 -0.41 27.58 32.95 150K 362K 27.38
Current. Pull back to hold the 10 day MVA on lower volume. Still in good shape.

FRNT 07/24 Cup hdl 15.98 -0.52 14.88 17.78 441K 686K 14.72
Current. Gapped up to close down on higher volume, but still below average. Still in good shape.

GDW 08/09 A Wedge 86.7 -0.3 86.95 100 811K 923K 85.55
Current. Gapped up to close slightly down on higher volume. Held above Wednesday's gain. Still in decent shape, but needs to hold the breakout.

GLDN 08/19 Test BO 29.79 -0.85 30.4 36.48 449K 200K 29.36
Current. Gapped down on higher volume. Touched the 10 day MVA intraday. Tapped the 10 day on the low and recouped some losses. That indicates some buying at that level. Looking for a bounce.

GPRO 06/17 A Wedge 59.11 -2.98 41.75 48 326K 766K 57.64
Current. Moved down sharply to test the 10 day MVA on lower volume. Stock will need to hold at the 18 day MVA.

GPRO 04/05 Dbl btm 59.11 -2.98 26.5 30.75 326K 521K 57.62
Current.

GS 08/18 Dbl btm 86.99 -1.11 89.12 100 2.8M 4M 86.38
Buy Not Hit. Gapped up to close on the 18 day MVA on higher volume. Needs to hold here and start up to keep the pattern in tact.

HAR 07/31 BO 86.9 -0.42 85.25 98 232K 420K 81.25
Buy Not Issued. Slight pull back on higher volume. Wide swing up and down intraday. Touched the 10 day MVA intraday.

HBIO 08/14 Test BO 5.23 +0.18 5.1 6.54 58K 153K 4.94
Current. Moved up on lower volume. Still in good shape.

HDTV 08/21 Cup hdl 3.77 +0.02 3.88 4.85 349K 125K 3.44
Buy Not Issued. Moved up slightly on strong but lower volume. c

HYC 08/20 Flat 5 +0.15 5.21 6.55 276K 225K 4.72
Buy Not Hit. Opened on the 10 day MVA and bounced off on strong volume to close up. Stock needs to continue to move up on strong volume, before we will enter the play.

IMAN 07/16 Cup hdl 6.05 -0.19 5.52 7 312K 244K 5.48
Target Hit. Went ahead and took the gain as IWOV fell to the 200
day MVA and IMAN is tied to that stock via acquisition.

IT 08/09 Cup hdl 10.2 -0.09 10.13 12.95 386K 421K 10.10
Current. Pull back to test the 10 day MVA on higher volume. Did not enter the play because the volume was not there. Watching Friday but did not make the move.

JBHT 07/26 FlyPlat 47.56 -0.6 47.74 54.94 264K 750K 44.65
Buy Not Issued. Pull back on lower volume. Needs stronger volume to enter the play.

JBLU 07/26 BO 51.85 -0.7 46.32 55.64 1.1M 1.5M 49.72
Current. Pull back on higher volume. Still in good shape.

JCOM 08/12 PreSplt 57.98 -3.62 51.95 58 424K 1.4M 56.68
Current. Sharp fall to hold above the 10 day MVA on lower volume. Will watch to see if tests the 10 day MVA on lower volume & can bounce. Will exit if falls below the 10 day MVA & look for next entry point.

JWN 08/04 Cup hdl 25.07 +1.07 22.48 27 4.3M 1.4M 23.97
Current. Gapped up on excellent volume surge.

KSWS 07/12 Test 50 37.6 -0.59 37.85 44.95 79K 312K 37.25
Current. Pull back to hold the 10 day MVA on lower volume. Fell through the 18 day MVA intraday. Still in good shape.

LAVA 08/07 DB hdl 20.83 -0.44 21.85 26.25 278K 1.2M 20.48
Current. Continued its low volume pull back to rest above the 18 day MVA. Touched the 18 day MVA intraday.

LIN 07/26 Saucer 28.09 +1.44 27.24 32.65 1.8M 942K 25.42
Buy Not Issued. Big gap higher but was fading back so we decided to
let it test further back this week and then move in.

LM 07/12 Test 18 71.76 -0.09 70.88 80 508K 700K 65.92
Buy Not Issued.

LM 05/06 Cup hdl 71.76 -0.09 58.5 67.78 508K 610K 69.88
Current. Moved slightly up on higher volume. Continue to let the stock work for us.

LPSN 08/21 Test 18 3 -0.1 3.22 4.05 202K 425K 2.99
Buy Not Hit. Pull back to hold the 10 day MVA on slightly higher volume, still below average. Looking for the bounce on higher volume before we enter the play.

MATK 07/30 A Wedge 49.85 +0.3 50.25 57.85 602K 799K 46.73
Buy Not Hit. Continue to move up the 10 day MVA on higher volume.

MMSI 08/05 Test BO 21 -0.07 20.44 24.33 131K 183K 20.68
Current. Doji on higher volume, but still below average. Touched the 10 day MVA intraday. Looks very good here in the lateral move and test of support.

MRVL 08/02 Cup hdl 41.69 +3.33 38.5 46 9.1M 4.9M 39.88
Current. Huge gap up on strong volume.

MYL 08/19 Rv H&S 37.27 -0.18 36.71 43.74 1.4M 1.5M 35.65
Current. Pull back on lower volume. Still in good shape.

NDN 08/02 DB hdl 34.94 -0.45 35.12 42.25 257K 800K 4.08
Buy Not Issued. Gapped up to close down on lower volume. Volume needs to increase before we will enter the play at the buy point.

ORLY 08/19 Flat 38.03 +0.25 38.35 46.05 308K 350K 35.88
Buy Not Hit. Moved up on higher volume. Look for stock to continue the move up to buy point on higher volume to enter the play.

PFG 08/09 Put 31.39 -0.38 31.88 30 1.1M 1M 31.65
Current. Nice move down on higher volume.

PIXR 08/19 Flat 71.89 +0.38 70.68 81 681K 1.1M 68.22
Current. Gapped higher on lower volume. Letting the stock run.

PLXS 08/19 Cup hdl 16.2 +0.04 16.12 19.38 558K 400K 15.94
Current. Moved up on higher volume. Letting the stock work for us.

POOL 08/19 BO 40.39 -0.52 40.78 46.85 115K 259K 38.15
Buy Not Issued. Pull back on higher volume, but still below average. Volume needs to increase on a move off of 40 before we will enter the play.

PRLS 08/11 A Wedge 3.24 -0.11 3.44 4.29 76K 110K 3.19
Current. Moved down to hold at the 10 day MVA on low volume. Touched the 18 day MVA intraday. Still in good shape. Must hold the 18 day MVA or will exit the play.

QCOM 08/21 DB hdl 38.87 +0.23 39.58 47.55 17M 12M 37.58
Buy Not Issued. Moved up on higher volume. Lost most of the day's gain on the close, but still looks ready.

RARE 08/18 BO 36.52 -0.98 37.72 43.25 196K 300K 36.15
Current. Pull back to close above the 10 day MVA on lower volume. Still in good shape.

RIMM 07/31 Cup hdl 28.74 -0.79 27.52 31.25 2M 2.5M 27.18
Current. Gapped up but lost most of the day's gain on lower volume. Still in good shape.

RNT 08/07 A Wedge 19.91 -0.59 19.85 22.78 104K 140K 19.75
Current. Gapped up to close slightly above the 18 day MVA on lower volume. Must hold the 18 day MVA on low volume or will look to exit the play.

ROST 08/09 Cup 47.4 -1.04 46.58 54.45 942K 1.6M 43.32
Buy Not Issued. Gapped up to close right above the 10 day MVA on lower volume. Moved up on low volume. Will look for the stock to test the 18 day MVA so that we can enter the play on the rebound if strong.

SBUX 07/30 Cup 26.8 -0.33 27.55 33 2.3M 6M 25.94
Buy Not Issued.

SBUX 07/01 Cup 26.8 -0.33 26.3 30.94 2.3M 6M 26.75
Current. Moved down to hold the 18 day MVA on higher volume. Fell through the 18 day MVA intraday. Will watch the stock to see if holds at the 18 day MVA.

SINA 08/18 Test 50 31.55 -1.56 32.2 38.25 6.3M 10M 31.05
Current. Fell to rest on the 10 day MVA on lower volume. Will watch to see if the stock falls below the 18 day MVA before we would exit the play. Lots of power so will look for a bounce up from here.

SLM 06/24 Test 18 39.94 -0.8 42.88 49.25 1.4M 3.5M 41
Buy Not Hit. Broke the 50 day MVA. Looking at it to the downside now.

SNPS 08/21 PreSplt 67.51 -1.36 69.6 77.75 2.5M 2.5M 65.44
Current. Entered the play. Stock pulled back on lower volume. Still in good shape but needs to hold here. Can run like the wind.

SNWL 08/19 Test 50 6.09 -0.11 5.85 7.12 1.3M 800K 5.85
Current. Gapped up to close down on lower volume. Still in good shape.

SRA 08/04 Cup hdl 15.16 -0.23 16.74 20.12 40K 247K 15.57
Buy Not Hit. Dropping for now.

SYK 08/03 Test BO 74.3 -1.24 76.88 88.45 361K 1.1M 75.12
Buy Not Hit. Dropping as it broke the 18 day MVA.

TKLC 08/02 Test BO 15.2 -0.62 15.96 18.95 450K 1M 14.96
Current. Gapped up to close down resting on the 10 day MVA. The volume was higher, but still below average. Will watch the stock to see if falls on higher volume, but still like the action. Will exit if it breaks the 18 day MVA with higher volume.

TSCO 07/29 Test BO 32.41 +0.03 28.06 31.44 557K 494K 29.45
Current. Gapped up but lost most of the day's gain to close up on lower volume. Still in good shape.

TSCO 07/05 Test 50 32.41 +0.03 26.62 30 557K 500K 29.45
Current.

TSCO 06/03 Rv H&S 32.41 +0.03 23.42 27.62 557K 603K 29.45
Current.

TSCO 04/24 Cup hdl 32.41 +0.03 21.88 26 557K 603K 29.45
Current.

TSCO 04/03 Rv H&S 32.41 +0.03 19.3 22.19 557K 577K 29.45
Current.

TSYS 08/14 Test BO 2.82 -0.1 3.15 4 36K 120K 2.93
Buy Not Issued. Stock fell through the 18 day MVA to close slightly above the exponential 50 day MVA on lower volume. Will let the stock test the 50 day MVA and see if it rebounds for an entry point if conditions are right.

TTI 08/14 Test BO 22.85 -0.6 35.88 41.25 133K 119K 33.94
Buy Not Hit. Never made the pre-split run. Dropping for now.

TUES 08/06 Cup hdl 33.25 -0.18 30.68 36.78 570K 309K 30.98
Current. Pull back on strong volume. Wide swing up and down to close slightly down. Still in good shape.

TXN 08/21 DB hdl 22.81 +0.66 23.64 28.88 23M 15M 21.88
Current. Huge gap up on strong volume.

UNTD 07/12 Test BO 36.45 -0.98 28.8 34.12 1.1M 2.1M 33.52
Current. Gapped higher but gave it back and more. Still in the uptrend over the 10 day MVA.

UNTD 05/29 Flat 36.45 -0.98 23.45 28 1.1M 2M 33.52
Current.

UOPX 08/14 BO 61.4 -0.85 61.78 74 270K 300K 58.98
Current. Pull back on higher volume. Touched the 10 day MVA intraday. Still in good shape.

WYE 08/07 Dbl Top 41.53 -1.06 43.94 40.38 4.9M 6M 43.15
Buy Not Issued. Moving down toward the 200 day on continued strong volume.

XOMA 07/28 Test BO 9.45 -0.37 8.35 10.24 1.4M 1.5M 8.93
Current. Moved down on lower volume. Still in good shape.

ZMH 08/09 Test BO 48.8 -0.27 50.62 59 1.9M 3M 47.88
Buy Not Hit. Pull back to hold the 10 day MVA on lower volume. Touched the 18 day MVA intraday. Wait for a bounce off 10 day MVA on higher volume to enter the play at the buy point.

Good Investing!
Jon L. Johnson and the Stock Split Report Staff.

All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Online Investment Services, LP or its paid consultants and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. We are not licensed or registered in the securities industry. The information presented herein and on our related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of Partners of Online Investment Services, LP or its paid consultants may, in some instances, include securities mentioned herein and on our web site. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ materially due to many factors.

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