stock ticker, stock recommendation

Begin part 3 of 3

THE PLAYS

Good movers Tuesday: AAPL; CYTC; GW; WIND; SFD

Monday night play results:
LIFC
LPX
PMTC

New plays for Wednesday:

Upside:

Play Date: 10/05/2004
AIRT (Air T, Inc.--$25.05; +3.22; no options): Air delivery & freight services
http://biz.yahoo.com/p/a/airt.html
After Hours: $25.50
STATUS: Breakout test. AIRT is in a hot sector, and it exploded higher in mid-September, moving out of a 10 week cup base on tremendous volume. Excellent 6 to 1 accumulation in the base shows a lot of buyers and set up the breakout move. It has come back to test the 18 day EMA (20.21) on lower volume, then rebounding Tuesday on very strong trade. Nice breakout test and rebound; looking pretty successful at this point. Money flow is surging ahead of price and relative strength is ready for another breakout. Looking to move in on a further solid move.
Volume: 3.766M Avg Volume: 1.568M
BUY POINT: $25.55 Volume=2.2M Target=$31 Stop=$24.38
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/airt.html

Play Date: 10/05/2004
AKAM (Akami Technologies--$15.14; -0.10; optionable): Internet software and services
http://biz.yahoo.com/p/a/akam.html
After Hours: $15.13
STATUS: Cup. AKAM formed a reverse head and shoulders base from mid-July to mid-September at the bottom of its current 14 week base, tried a breakout, b slid back once more. It held near the 200 day SMA (14.16) on that pullback, found its footing last Friday and jumped higher Monday. It took a breather Tuesday at the September high, easing slightly lower on very low volume. It may form a lateral move here and make a handle to its base. We want to be ready if it continues to run higher, handle or no. Solid 5 to 2 accumulation in the base is setting up the move higher, and money flow is well above price, showing the way.
Volume: 1.491M Avg Volume: 2.475M
BUY POINT: $15.65 Volume=3.7M Target=$18.55 Stop=$14.88
POSITION: UMU AC - Jan. $15c (58 delta) &/or Stock
http://www.investmenthouse.com/cd/akam.html

Play Date: 10/05/2004
PAAS (Pan American Silver--$17.14; +0.92; optionable): Silver mining
http://biz.yahoo.com/p/p/paas.html
After Hours: $17.14
STATUS: Cup. Volume has jumped the past two weeks as PAAS has rallied off the 200 day SMA (14.80), starting the right side of its base. Excellent 7 to 3 accumulation in the base in the pattern shows net buyers and is setting up the further move. It pulled back Friday and Monday, forming something of a handle, then it shot higher Tuesday on super trade. Looking to move in on a further solid volume move.
Volume: 1.502M Avg Volume: 870.181K
BUY POINT: $17.38 Volume=1.1M Target=$20.89 Stop=$16.22
POSITION: USP DW - Apr. $17.50c (53 delta) &/or Stock
http://www.investmenthouse.com/cd/paas.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.

BR, COH, EASI, EBAY, GMAI, GTRC, HDWR, JNPR, MSFT, QCOM

JNPR: Nice gap higher Monday on strong volume, holding the move Tuesday on lower volume. Looking for a break over 25.45 to enter a position.

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:

RDWR: Broke over the 200 day SMA Monday on excellent volume, pausing Tuesday on lower trade. Looks ready to continue the move.

Downside:

AIRM: Massive tank in late September has lead to a low volume rebound the past week. It rallied up to the 18 day EMA on the Tuesday high but faded, showing a tombstone doji on the candlestick pattern. Looks ready to turn back down.

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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