us stock market, stock recommendation

Begin part 3 of 3

THE PLAYS

Good movers: AAPL; JCP; LRCX; NVEC; RVSN

Weekend play results:
AKAM: Moving higher off the 50 day EMA.
EZPW: Volume was up as EZPW started higher off the test
GME: Nice price move off the 10 day EMA
HMSY: Hmm. Turned right back down to the 18 day EMA
LH: Gapped higher but closed well off the high. Decided to hold off but ready to move in if it continues higher.

New Plays:

Upside:

Play Date: 10/23/2006
AEOS (American Eagle Outfitters--$46.49; +1.49; optionable): Teen apparel
http://biz.yahoo.com/p/a/aeos.html
EARNINGS: 11-14-06
STATUS: Flying plateau. Trying to make the breakout move from its 4 week lateral move following that nice August through September run. Made us some nice money on that move, and this pattern is setting it up to makes some more. Market leader that is ready to make the next run.
Volume: 2.408M Avg Volume: 3.052M
BUY POINT: $46.88 Volume=4M Target=$54.45 Stop=$44.38
POSITION: AQU BI - Feb. $45c (62 delta) &/or Stock
http://www.investmenthouse.com/ci/aeos.html

Play Date: 10/23/2006
BAMM (Books-A-Million, Inc.--$20.05; +0.79; no options): Specialty retail, books
http://biz.yahoo.com/p/b/bamm.html
EARNINGS: 11-16-06
STATUS: Test breakout. Nice shot of above average volume Monday as BAMM resumes its breakout move. BAMM set up a nice 13 week base over the 50 day EMA (17.75) and broke out to start October. A good run to just over 20 and then the first test, coming back to the 18 day EMA (19.08) last week. A good doji Friday and a break higher Monday on that solid trade. Positive accumulation is taking BAMM to a six year high. Nice resumption of the breakout move and we are ready to buy as it continues.
Volume: 190.679K Avg Volume: 107.976K
BUY POINT: $20.24 Volume=150K Target=$24.45 Stop=$18.94
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/bamm.html

Play Date: 10/23/2006
BEAS (Bea Systems--$16.25; +0.85; optionable): Enterprise & service infrastructure software
http://biz.yahoo.com/p/b/beas.html
EARNINGS: 11-15-06
STATUS: Flying plateau breakout. BEAS jumped sharply Monday on a sharp jump in volume, the first above average session in three weeks as BEAS worked laterally over the 18 day EMA (15.39), consolidating the solid breakout and run higher in September. BEAS formed a 17 week base ahead of the breakout and rallied to 16. Nice quiet consolidation and then that resumed breakout on Monday. Ready to step in as BEAS continues this very solid move to a 5 year high.
Volume: 12.041M Avg Volume: 6.851M
BUY POINT: $16.38 Volume=6.8M Target=$19.75 Stop=$15.23
POSITION: BUC CC - Mar. $15c (69 delta) &/or Stock
http://www.investmenthouse.com/ci/beas.html

Play Date: 10/23/2006
CMG (Chipotle Mexican Grill--$56.40; +1.44; optionable): Casual retaurants
http://biz.yahoo.com/p/c/cmg.html
EARNINGS: 10-31-06
STATUS: Test trend breakout. CMG peaked at 67.50 after its IPO, then fell into the current 6 month base. It surged higher the second week of October, breaking its 5 month downtrend on a strong volume surge. It rallied to 57.50 and then faded last week to the 18 and 90 day MA (18 at 54.17). It held and then jumped higher Friday on volume, continuing the move Monday. Ready to move in as CMG continues higher and then again on a break over 57.50 on strong trade. Outstanding money flow is leading CMG higher.
Volume: 927.1K Avg Volume: 908.161K
BUY POINT: $56.89 Volume=1M Target=$66.89 Stop=$54.88
POSITION: CMG CK - Mar. $55c (58 delta) &/or Stock
http://www.investmenthouse.com/ci/cmg.html

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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