stock ticker, stock recommendation

Begin part 3 of 3

THE PLAYS

Good movers Wednesday: APCS; ARTX; DAB; MAMA; MTIC; NABI; RITA; TINY

Tuesday night play results:
NGAS: Burst higher on volume but then gave it back.
ZILA: Started back and looks as if it is going to form a handle over the 10 day MVA.
ARTX: Exploded higher on tremendous volume.
MTIC: Another solid volume move

New plays for Thursday:

Upside:

Play Date: 04/07/2004
GNLB (Genelabs--$3.08; +0.28; no options): Diagnostic substances
http://biz.yahoo.com/p/g/gnlb.html
STATUS: Cup w/handle. Making the breakout from a 10 week base sporting strong 4 to 1 accumulation. Super money flow is surging ahead of price and relative strength is making the breakout. Tuesday volume surged as GNLB started the move. Looking to pick it up on a continued solid volume move through the buy point.
Volume: 1.39M Avg Volume: 494.681K
BUY POINT: $3.18 Volume=700K Target=$4 Stop=$2.84
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/gnlb.html

Play Date: 04/07/2004
JNPR (Juniper Networks--$27.21; +0.14; optionable): Networking & communication
http://biz.yahoo.com/p/j/jnpr.html
STATUS: Cup. JNPR has moved up off the lows of its 11 week base (24). After gapping higher on the earnings report it has moved laterally this week, holding over the 10 day MVA (26.48). Last earnings season JNPR surprised the market, and it has done a good job of testing back and forming the current base. Looks ready to make the next break higher.
Volume: 6.443M Avg Volume: 17.158M
BUY POINT: $27.88 Volume=20M Target=$32 Stop=$26.22
POSITION: JUX GE - July $25c (61 delta) &/or Stock
http://www.investmenthouse.com/cd/jnpr.html

Play Date: 04/07/2004
SMH (Semiconductor Holders Trust--$40.88; -0.10; optionable): Semiconductor Holders Trust
http://biz.yahoo.com/p/s/smh.html
STATUS: 50 day MVA test. SMH surged off the 200 day MVA the past two weeks and has come back to tap the 50 day MVA (40.48) on the Wednesday low and then rebounding to close, showing a doji on rising trade. That often signals the pullback is over. Looking for SMH to make the bounce from here.
Volume: 15.824M Avg Volume: 15.325M
BUY POINT: $41.62 Volume=20M Target=$45 Stop=$40.28
POSITION: SMH HH - Aug. $40c (62 delta)
http://www.investmenthouse.com/cd/smh.html

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.

COH, DIS, EBAY, GTRC, HD, LPNT, OCR, TGT, TJX, XMSR

Nothing to report on these tonight.

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:

HSCG: Nice flat lateral move following a split. Low average volume.

DCLK: Trying a 10 week cup with handle over the 50 and 200 day MVA.

SPNC: Volume is jumping as it breaks from a shallow cup or flat base that formed the past 5 weeks over the 50 day MVA.

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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