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Begin part 3 of 3

THE PLAYS

Good moves Tuesday: DYNT; IPT; BELM

Monday night play results:
CVNS: Gapped higher but reversed and sold off on strong volume.
PXD: Gapped higher but sold off. Held the 10 day MVA as it holds in the pattern.
HHH: Showing a doji below the 10 day MVA, setting up to move lower.

New plays for Wednesday:

Upside:

Play Date: 03/16/2004
GILTF (Gilat Satellite--$8.05; +0.25; no options): Telecom equipment
http://biz.yahoo.com/p/g/giltf.html
STATUS: Flat base. Moving more or less sideways in a trading range the past 8 weeks after breaking out of a 6 month cup with handle base. Accumulation in the current pattern is 3 to 0 (3 up price weeks on rising volume to 0 down price weeks on rising volume), showing that money has moved into the stock as it has moved laterally. Money flow is strong and relative strength is breaking out. Volume started to run higher Tuesday as GILTF edged higher. Looking at it again, and looking for a high volume move.
Volume: 514.176K Avg Volume: 263.409K
BUY POINT: $8.14 Volume=500K Target=$9.78 Stop=$7.57
POSITION: - Stock (no option chian)
http://www.investmenthouse.com/cd/giltf.html

Play Date: 03/16/2004
ESMC (Escalon Medical--$16.35; +1.07; no options): Medical appliances
http://biz.yahoo.com/p/e/esmc.html
STATUS: Breakout test. ESMC exploded out of a flat base in February, an excellent move out of its 3.5 month pattern that formed over the 50 day MVA (11.84). It surged from 7 to 22. After such a ballistic move it needed a test, and it made one, all the way back to the 18 day MVA (15.46). Explosive move, and we are looking for it to surge back up from here, clearing the 10 day MVA (16.78) on the move. Want to see rising volume again as it was up Tuesday on stronger trade.
Volume: 1.396M Avg Volume: 359.772K
BUY POINT: $16.92 Volume=1.5M Target=$20.48 Stop=$15.74
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/esmc.html

Play Date: 03/16/2004
NSS (NS Group--$11.30; -0.13; no options): Steel and iron mining
http://biz.yahoo.com/p/n/nss.html
STATUS: Breakout test. Exploded out of a 9 month base to start March, exploding higher from 9 to 12 on a strong volume surge. Excellent 12 to 6 accumulation in the pattern that set up the foundation for the breakout and now the run higher. We love the first test of breakouts, and NSS is holding at the 10 day MVA (11.31). Volume was up again sharply Tuesday, and we are looking for the strong trade to continue as the stock rebounds from this support. May taken another session or two, but looks great after the base and strong breakout.
Volume: 194.6K Avg Volume: 88.954K
BUY POINT: $11.88 Volume=200K Target=$14 Stop=$11.05
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/nss.html

Ready to make the move: CCI

SUBSCRIBER PORTFOLIO: These are stocks subscribers suggest by vote that we put in a portfolio to track and move into the stocks if they perform well. If you have any suggestions for additions or deletions, email us. We don't cover them all each report, just when something interesting is developing.

AVID, COH, DIS, EBAY; GTRC, HD; KKD, LPNT, OCR, TGT, TJX; UTSI, XMSR

XMSR: Still in the nice cup with handle base, starting to pick up a few upgrades. A move over 26.65.

SUBSCRIBER WATCHLIST

We continually receive ideas for potential plays from subscribers. Many times they are already on our watchlists, other times not. We always take a look and sometimes find a gem or two, or more. We don't necessarily endorse these, but want to provide a forum for subscribers with ideas that may appeal to other subscribers. We may just put on the ticker or we might describe our thoughts as to why or why not we think it is a buy or sell. This is a way we can all learn a bit more and maybe find a few more candidates to make us some good money.

Upside:

POSS: Broke out in January and has charged up the 10 day MVA. It is still in the strong uptrend so there is no reason to sell out. It is not in position to buy or add to positions yet.

KYPH: Tried a breakout in January but failed and ahs faded back to some support at 24, holding just over the 200 day MVA. This is where it needs to hold the line.

BCII: After breaking out of a 7 month base in January, BCII is moving laterally up the 18 day MVA but below 18. It is trying to build pressure here for another breakout to continue the move. Strong money flow moving up ahead of the price. The volume is a bit lighter than we would normally be looking at.

Good Investing!
Jon L. Johnson and The Daily 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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