stock recommendation, stock market recommendation

Begin part 2 of 2

New buy point on a continuing play:

Play Date: 08/25/2003
DRIV (Digital River--$24.25; -0.05; optionable): Electronic commerce solutions
http://biz.yahoo.com/p/d/driv.html
STATUS: Cup w/handle. A continuing play that rallied and is now fading back on much lower, below average volume toward the 10 day MVA (23.47). DRIV is in a 6 week base showing 2 to 0 accumulation. Strong money flow and relative strength is ready to breakout. Nice shakeout.
Volume: 305.613K Avg Volume: 1.007M
BUY POINT: $25.51 Volume=1.7M Target=$30 Stop=$23.48
POSITION: DQI LE - Dec. $25c (49 delta) &/or Stock
http://www.investmenthouse.com/ci/driv.html

CONTINUING PLAY LIST:

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; 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.

Still look good: EMBT; INFA; MIPS; ZMH; HBIO; HYC; QCOM; WONE

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

ADI 08/04 Cup 40.7 -0.81 40.43 47.65 2.5M 5M 39.98
Current. Moved down on low volume. Still holding Thursday's gain.

AMSC 08/19 Test BO 12.2 +0.6 12.08 14.48 565K 900K 10.96
Current. Gapped down at the open to close higher on slightly lower volume, but still above average.

AMT 08/16 Cup hdl 10.65 -0.25 10.64 12.77 831K 2.8M 10.36
Current. Pull back on lower volume. Touched the 10 day MVA intraday. Still in good shape.

ANAD 08/16 Cup hdl 4.02 -0.26 4.27 5.32 435K 625K 3.99
Current. Moved down to hold the 10 day MVA on higher volume. Broke through the 10 day MVA intraday. Stock may test the 18 day MVA.

ANSR 08/11 Cup hdl 3.2 0 3.43 4.22 101K 350K 3.19
Current. Gapped up at the open to close flat on the 10 day MVA on slightly higher, but blow average volume. Broke through the 10 day MVA intraday. Stock may move down to test the 18 day MVA.

ARTG 08/12 Test 50 2.25 -0.01 2.26 2.72 349K 1M 2.15
Current. Ran up higher intraday to close slightly down with a doji on lower volume. May test the 10 day MVA.

ASPT 08/09 Test BO 8.07 -0.02 8.06 10.12 331K 791K 7.72
Current. Doji on the 10 day MVA on low volume. Should hold here because there is support at 8. Needs to make its move from here.

AVNX 08/14 Flat 4.63 -0.23 4.68 5.92 988K 2M 4.49
Current. Pull back on lower volume. Broke through the 10 day MVA intraday, but closed above the 10 day MVA. May go down and test the 10 day MVA.

BDY 07/16 Test BO 23.8 -0.48 19.58 23.25 194K 376K 23.38
Current. Moved down to hold at the 10 day MVA on higher, but still below average volume. Broke through the 10 day MVA intraday. Should hold here, but could test the 18 day MVA.

BEBE 07/01 Test BO 21.22 -0.33 20.9 24.95 62K 321K 21.62
Exited. Used a trailing stop to exit as BEBE fell back toward
the 50 day MVA.

BHE 08/12 FlyPlat 42.81 -0.58 42.95 49 260K 550K 41.94
Current. Pull back on lower volume to hold above the 10 day MVA. Still in good shape.

CASY 08/19 DB hdl 14.98 +0.03 15.57 18.75 107K 218K 14.89
Buy Not Hit. Moved up on lower volume with lots of volatility intraday. Doji at the 18 day MVA.

CB 08/09 Cup hdl 67.88 -0.12 66.06 75.97 838K 2.7M 63.04
Buy Not Issued. Pull back on lower volume. Doji above the 10 day MVA, but tapped the 10 day MVA intraday. Stock ascended on low volume so we did not enter the play. Looking for a test of the 10 day MVA then a breakout on higher volume.

CCMP 08/13 Cup hdl 65.95 -1.05 65.5 74.88 535K 1.2M 64.94
Current. Pull back on lower volume. Still in good shape and moving up the 10 day MVA.

CDIC 08/20 Cup hdl 4.67 -0.07 4.55 5.55 479K 271K 4.22
Current. Gapped up at the open but closed down on lower volume. Still held Thursday's gain.

CELL 07/21 Cup hdl 30.43 -1.07 19.25 23.25 232K 225K 29.49
Current. Doji above the 10 day MVA on the lower volume. Looking for a test of the 10 day MVA and then move higher.

CHS 07/23 Test BO 27.2 -0.48 27.05 31.25 745K 2.2M 27.18
Current. Gapped down to doji on the 18 day MVA on lower volume. Tapped the 10 day and broke through the 18 day MVA intraday. Stock must hold here.

COLT 07/24 BO 6.09 0 5.3 6.68 26K 200K 5.69
Current. Moved slightly up on lower volume. Still in good shape.

CRAY 07/22 Test BO 11.63 -0.69 9.73 11.75 1.5M 1.4M 11.88
Exited. Exited early as it started to sell, and it sold further
to the 18 day MVA. We will look for another opportunity
from this strong stock.

CSC 08/04 DB hdl 42.64 -0.02 43.42 48.45 853K 2.4M 42.12
Current. Pull back on lower volume to close above the 10 day MVA. Touched the 10 day MVA intraday. Still in good shape

DKS 03/18 DB hdl 36.2 +0.51 23.81 28.42 916K 225K 34.94
Current. Moved up on lower but above average volume to close just under the exponential 50 day MVA. Should hold here because there is support

DKS 02/19 DB hdl 36.2 +0.51 22.75 27.35 916K 225K 34.94
Current.

DRIV 08/06 Test 50 24.25 -0.05 24.18 27.48 295K 1.7M 23.18
Current. Gapped down at the open to close higher on very low volume. Held above the 10 day MVA, but tapped the 10 day MVA intraday.

EMBT 07/26 Cup hdl 8.67 +0.19 8.75 10.48 114K 400K 8.14
Buy Not Issued. Thought hard about it, but the volume was not even
high enough to justify a partial position.

ERICY 08/11 Test 18 15.1 -0.11 14.82 17.74 856K 5M 14.82
Current. Gapped down at the open to form a doji just above the 10 day MVA on very low volume. May test the 10 day MVA.

FARO 08/16 Test 50 10.1 -0.1 10.35 12.12 119K 220K 9.91
Current. Pull back on higher but below average volume. Tapped the 18 day MVA intraday, but money coming in held the stock above the 10 day MVA. May test the 10 day MVA.

FFIV 08/18 Flat 18.81 -0.19 19.58 23.48 313K 745K 18.55
Current. Moved down on lower volume. Held above the 10 day MVA, but tapped it intraday. Has support at the 10 day MVA so should hold here.

FINL 08/16 Test BO 25.49 +0.49 26.25 31.54 159K 625K 24.38
Buy Not Issued. Moved up on lower volume

FLSH 05/22 Test BO 16.06 -1.08 10.55 12.75 403K 195K 16.12
Current. Big drop through the 10 day MVA on higher volume. Tapped the 18 day MVA intraday but held above. Needs to hold here.

FLSH 05/12 Rv H&S 16.06 -1.08 9.2 10.96 403K 195K 16.12
Current.

GPRO 06/17 A Wedge 58.56 -0.55 41.75 48 284K 766K 57.64
Current. Pull back on lower volume to close just under the 10 day MVA. Tapped the 18 day MVA intraday. Must hold at the 18 day MVA.

GPRO 04/05 Dbl btm 58.56 -0.55 26.5 30.75 284K 521K 57.62
Current.

HBIO 08/14 Test BO 5.15 -0.08 5.1 6.54 75K 153K 4.94
Current. Pull back on higher, but still below average volume. Broke through the 10 day MVA intraday, but closed well above.

HDTV 08/21 Cup hdl 3.89 +0.12 3.88 4.85 99K 125K 3.44
Buy Not Issued. Gapped up on lower volume. There was not a clean break. Did not enter because of Friday's and today's volatility. Will wait for the stock to come back and make the stronger move.

HYC 08/20 Flat 4.93 -0.07 5.21 6.55 102K 225K 4.72
Buy Not Hit. Pull back on lower volume. Intraday high volatility.

IMA 07/28 A Wedge 20.89 +0.08 21.42 25.72 228K 115K 20.38
Buy Not Hit. Bounced up on higher volume. This could be our break out. The volatility could be of some concern.

INFA 08/23 Test BO 8.47 +0.11 8.22 9.95 698K 1.1M 7.92
Buy Not Issued. Did not make the test all the way back to 8 and volume was lighter so we held off to see if it tests or rallies
from here on more volume.

INTC 07/31 FlyPlat 27.24 -0.15 25.88 30.95 52M 75M 25.85
Current. Pull back on lower volume. Still maintaining Friday's gain.

JNPR 08/20 Flat 15.9 +0.42 15.45 18.68 10M 15M 15.35
Current. Gapped down at the open to close up on higher volume. Still moving up the 10 day MVA.

LAVA 08/07 DB hdl 20.17 -0.66 21.85 26.25 418K 1.2M 20.48
Current. Move down below the 18 day MVA on slightly higher but still well below average volume. Held at 20 and the volume was not there so decided to see if the stock will bounce with the rest of the market. Pattern still looked good.

LF 08/20 Cup hdl 34.45 +0.25 35.34 42 292K 845K 32.08
Current. Gapped up but lost some of the gain on lower volume. Still held above last Wednesday's gain. Still in uptrend.

LLTC 07/23 Rv H&S 40.01 -0.02 37.35 44.85 4.2M 9M 39.45
Current. Ran up intraday to close flat with a doji on lower volume. May pull back to test the 10 day MVA.

LM 05/06 Cup hdl 70.9 -0.86 58.5 67.78 294K 610K 69.88
Current. Pull back to hold slightly above the 10 day MVA on lower volume. Still in good shape.

MERX 07/15 Cup hdl 11.9 -0.34 10.52 12.75 56K 248K 11.44
Current. Pull back on lower volume. Touched the 10 day MVA intraday, but closed above.

MIPS 08/13 Cup hdl 3.52 -0.08 3.69 4.65 53K 275K 3.28
Buy Not Hit. Pull back on lower volume. The pattern is still good looking for a break out with higher volume from here.

MKSI 07/21 Cup hdl 24.05 -0.89 22.25 27.95 372K 488K 22.88
Current. Gapped down to close with a doji above the 10 day MVA on lower volume. Tapped the 18 day MVA intraday. May test the 18 day MVA.

MKSI 07/14 Cup hdl 24.05 -0.89 22.8 27.95 372K 488K 22.88
Current.

MMSI 08/05 Test BO 20.84 -0.16 20.44 24.33 242K 183K 20.68
Current. Gapped up at the open, but closed slightly lower on higher volume. Touched the 200 MVA intraday, but held well above. May test the 200 MVA where there is support.

MRBA 08/14 Cup hdl 3.9 -0.01 3.85 4.85 80K 215K 3.54
Buy Not Issued. Gapped up, but closed slightly lower on very low volume. Touched the 10 day MVA intraday. Still moving up the 10 day MVA.

MRVL 08/02 Cup hdl 40.48 -1.21 38.5 46 3.3M 4.9M 39.88
Current. Pull back on lower volume still maintaining the a lot of Friday's gain.

MWD 08/12 A Wedge 48.25 -0.03 49.54 55 3.5M 5.8M 47.28
Buy Not Issued. Doji on the 18 day MVA on slightly higher but still below average volume. Looking for a break out from here on higher volume.

MXIM 08/18 Rv H&S 43.57 -0.21 42.6 50 4.5M 9M 42.60
Current. Moved down on lower volume. Volatile intraday. Did not enter the play because we did not like Friday's or today's volatility.
Will wait for a pull back to see if the move will be stronger.

MYL 08/19 Rv H&S 36.46 -0.81 36.71 43.74 899K 1.5M 35.65
Current. Moved down on lower volume. Still above the 10 day MVA and in an upward trend.

NENG 08/04 Test BO 5.25 -0.31 5.12 6.35 441K 232K 5.25
Current. Moved down on to hold at the 10 day MVA on low volume. Did not exit the play because the volume was not there and it bounced up after hitting the low.

NFI 08/23 Put 51.39 -1.01 52.15 48 477K 500K 53.18
Buy Not Issued. Did not enver as it sold early and then rebounded.
May test the 10 day at 55 and then fail. All the better.

ONNN 06/21 Test BO 4.34 +0.15 3 3.75 398K 900K 3.96
Current. Nice move up on fairly good volume. Continue to let the stock work for us.

PFG 08/09 Put 31 -0.39 31.88 30 882K 1M 31.65
Current. Dropped down on lower volume.

PFSW 08/21 Test BO 1.6 0 1.68 2.25 180K 228K 1.44
Buy Not Issued. Repeated Friday's move. Gapped up to close flat on lower volume. Needs to break 1.60 resistence.

PMTI 08/06 BO 6.98 -0.57 6.59 7.91 260K 200K 6.94
Current. c

QCOM 08/21 DB hdl 38.98 +0.11 39.58 47.55 6M 12M 37.58
Buy Not Issued. Opened lower but closed up on lower volume.

QRSI 08/20 Cup hdl 8.34 0 8.6 10.72 85K 184K 7.92
Current. Opened lower but closed flat on lower volume. Still in good shape.

RIMM 07/31 Cup hdl 27.86 -0.88 27.52 31.25 1.4M 2.5M 27.18
Current. Pull back on lower volume. Touched the 10 day MVA intraday, but close above. Still moving up the 10 day MVA.

SINA 08/18 Test 50 30.04 -1.51 32.2 38.25 6M 10M 31.05
Current. Gapped down to open below the 18 day MVA and the close at 30 where there is support. Because the volume was so low we did not exit the play so that it may bounce.

SLM 08/23 Put 39.6 -0.34 40.35 38.25 1.7M 1.5M 40.88
Buy Not Issued. Did not make the test so we held off. The doji indicates it might make a bounce up to test before falling further.

SNIC 08/11 Test BO 11.76 -0.44 12.15 14.55 332K 900K 11.79
Current. Moved down to hold right under the 10 day MVA on lower volume. Touched the 18 day MVA intraday. Needs to hold here. Because the volume was so low we are looking for a bounce up.

SNWL 08/19 Test 50 6.03 -0.06 5.85 7.12 336K 800K 5.85
Current. Gapped down on lower volume. Moved lower intraday. There is support at 5.85.

SPIL 08/21 Test BO 4.24 +0.07 4.33 5.41 711K 904K 3.96
Buy Not Hit. c

TIWI 08/07 A Wedge 3.67 +0.02 4.06 5.65 260K 689K 3.75
Buy Not Hit. Moved up on higher volume. Still holding the pattern but looking for the breakout.

TKLC 08/02 Test BO 15.06 -0.14 15.96 18.95 185K 1M 14.96
Current. Moved down to close slightly under the 10 day MVA on lower volume. May test the 18 day MVA.

TSA 08/23 DB hdl 30.02 -1.48 31.69 38 498K 400K 29.38
Buy Not Hit. Moved down on lower volume. Gave back most of Friday's gain.

TSCO 06/03 Rv H&S 32.09 -0.32 23.42 27.62 409K 603K 29.45
Current. c

TSCO 04/24 Cup hdl 32.09 -0.32 21.88 26 409K 603K 29.45
Current.

TSYS 08/14 Test BO 2.78 -0.04 3.15 4 64K 120K 2.93
Buy Not Issued. Pull back to hold just above the 50 day MVA on slightly higher but below average volume. Reached up to touch the 10 day MVA intraday.

TUES 08/06 Cup hdl 33.96 +0.71 30.68 36.78 291K 309K 30.98
Current. Continue to move up the 10 day MVA on lower volume.

TXN 08/21 DB hdl 22.61 -0.2 23.64 28.88 12M 15M 21.88
Current. Pull back on lower volume. Still maintained most of Friday's gap up. Went down to touch Thursday's high intraday.

VRTS 08/19 CCall 32.76 -0.02 19.76 20 3.7M 8.5M 31.94
Current. Doji on lower volume. Touched the 10 day MVA. Move test the 10 day MVA.

VVTV 07/19 Cup hdl 16.57 +0.49 16.95 20.45 161K 250K 15.96
Current. Nice move up on higher volume to close just below the 10 day MVA.

WONE 08/23 Flat 3.29 -0.05 3.53 4.25 1.5M 150K 3.28
Buy Not Hit. Moved down on strong volume. Volatile intraday to close with a doji.

XICO 07/02 A Wedge 9.83 +0.03 7.25 8.65 59K 172K 9.06
Current. Bounced off the 10 day MVA on higher but still below average volume. Still in an uptrend.

XOMA 07/28 Test BO 9.41 -0.04 8.35 10.24 756K 1.5M 8.93
Current. Pull back on lower volume to close with a doji. May test the 10 day MVA.

ZMH 08/09 Test BO 48.76 -0.04 50.62 59 958K 3M 47.88
Buy Not Hit. Pull back to doji on the 10 day MVA on lower volume. Touched through the 18 day MVA intraday. Still in the pattern looking for a break out.

Good Investing!
Jon L. Johnson and your IH Alerts Team

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 in 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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