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Begin part 3 of 3

THE PLAYS

Good movers: ADS; AKAM; BEAV; CTRP; CXW; JCP; LVS; NYX; PFWD

Thursday night play results:
ANSS: Nice hold of the 10 day EMA and ready to bounce.
ATPG: Took a low volume breather Friday following the strong Thursday move
HMSY: Faltered some and slipped through the 18 day EMA
LAZ: Excellent doji at the 10 day EMA

New Plays:

Upside:

Play Date: 11/11/2006
AEOS (American Eagle Outfitters--$47.38; +1.78; optionable): Teen apparel stores
http://biz.yahoo.com/p/a/aeos.html
EARNINGS: 11-14-06 before the open
STATUS: Flying plateau. We took AEOS off the report to let it set up better while we focused on some other plays, and now AEOS looks ready to move higher ahead of its earnings. Solid price move Friday had us looking hard at issuing an alert and entering, but trade was lackluster. Looking for some volume this week as AEOS clears its 7 week lateral move. Solid leader with all the credentials. It is an earnings play so there is associated risk if it misses. Like how it has consolidated ahead of the number, however, as opposed to running higher into it.
Volume: 2.073M Avg Volume: 3.032M
BUY POINT: $47.52 Volume=3.2M Target=$54.95 Stop=$44.95
POSITION: AQU BI - Feb. $45c (65 delta) &/or Stock
http://www.investmenthouse.com/ci/aeos.html

Play Date: 11/11/2006
IVAC (Intevac--$24.25; +0.41; no options): Disk equipment for magnetic media producers used in hard disk drives.
http://biz.yahoo.com/p/i/ivac.html
STATUS: Cup w/handle. IVAC gapped higher to end October and rallied to 24 where it started to move laterally last week on lowered trade. It looks to be forming up a handle to its 8 month base, the lateral move where the stock consolidates, shakes out sellers, and then makes the breakout and run. May take another 3 sessions or so to set that up, but it is showing a lot of momentum and once it gets another session or two under its belt it could take off again and we want to be ready. Like how it has plenty of room ahead before it hits any resistance.
Volume: 280.376K Avg Volume: 360.462K
BUY POINT: $24.62 Volume=541K Target=$29.85 Stop=$22.95
POSITION:
http://www.investmenthouse.com/ci/ivac.html

Play Date: 11/11/2006
VSEA (Varian Semiconductor--$38.77; +1.39; optionable): Chip equipment
http://biz.yahoo.com/p/v/vsea.html
STATUS: Reverse head and shoulders. VSEA broke out from a range double bottom with handle in September and rallied to mid-October, hitting 40 on that move. The past 5 weeks it has tested back, holding the 50 day EMA (36.72) for a week to end October, forming the head of the short pattern. Last week it showed better volume on the up sessions as it sets up to make the next break and run higher. Good little consolidation pattern to rest after the earlier breakout and set a further run.
Volume: 871.197K Avg Volume: 1.034M
BUY POINT: $39.11 Volume=1.2M Target=$44.98 Stop=$37.00
POSITION: UES BH - Feb. $40c (53 delta) &/or Stock
http://www.investmenthouse.com/ci/vsea.html

New buy point on current positions: Some of our great leaders are ready to go again.

Play Date: 11/11/2006
AKAM (Akamai Technologies--$50.07; +2.05; optionable): Internet content delivery and business processes
http://biz.yahoo.com/p/a/akam.html
STATUS: Double bottom w/handle. I am not sure what the heck Akamai means, but its ticker symbol in the market means leader. AKAM is setting up well for yet another run, forming a short but sweet 6 week base using the key support at the 50 day EMA (46.50) for the lows. Love to see a strong stock use the 50 day as support after a good run. Solid 3 to 1 accumulation in the pattern (3 up price weeks on rising volume to 1 down price weeks on rising volume) shows plenty of buying during the consolidation to once more break AKAM higher to a six year high. Suffered a distribution session Thursday after gapping higher and reversing. Nice recovery session Friday on above average volume complementing a strong Tuesday upside session.
Volume: 7.488M Avg Volume: 5.137M
BUY POINT: $50.75 Volume=7.5M Target=$60.95 Stop=$48.21
POSITION: UMU BJ - Feb. $50c (55 delta) &/or Stock
http://www.investmenthouse.com/ci/akam.html

Play Date: 11/11/2006
MA (MasterCard--$89.20; +1.00; optionable): Credit services, etc.
http://biz.yahoo.com/p/m/ma.html
STATUS: Test breakout. After that tremendous surge thus far this month MA is coming back to test on falling though still strong volume. It is holding well above the 10 day EMA (86.17) as it showed a doji on Friday, indicating the pullback is slowing and readying for the turn back up. We want to be ready to move back in and ride the next run when it starts the rebound this week.
Volume: 2.854M Avg Volume: 2.298M
BUY POINT: $90.11 Volume=3M Target=$100.00 Stop=$87.55
POSITION: MA AR - Jan. $90c (57 delta)
http://www.investmenthouse.com/ci/ma.html

Play Date: 11/11/2006
NVEC (NVE Corp.--$41.33; +1.00; no options): Nanotechnology (spintronics)
http://biz.yahoo.com/p/n/nvec.html
STATUS: Breakout test. NVEC came to life in July after a one-year dormancy and we rode that to a nice gain. It formed a 5 week cup and broke higher again in mid-October and we are currently riding that move. Now it has worked laterally the past 4 weeks and the 18 day EMA (39.41) has risen to meet it. Low volume the past two weeks as the pattern tightens. Looking to move in on a strong bounce in volume accompanied by a price jump through the buy point.
Volume: 525.85K Avg Volume: 896.341K
BUY POINT: $41.89 Volume=1.1M Target=$50.45 Stop=$39.33
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/nvec.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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