Zanger's picks

Historical Performance:
Q1 12' 
Q4 11' | Q3 11' | Q2 11' | Q1 11' 
Q4 10' | Q3 10' | Q2 10' | Q1 10'
Q4 09' | Q3 09' | Q2 09 | Q1 09'
 Q4 08' | Q3 08' | Q2 08' | Q1 08'
Q4 07' | Q3 07' | Q2 07' | Q1 07'
Q4 06' |  Q3 06' |  Q2 06' |  Q1 06'
Q4 05' | Q3 05' | Q2 05' | Q1 05'
  Q4 04' | Q3 04' | Q2 04' | Q1 04'
2003 | 2002 | 2001 | 2000 | 1999 | 1998

The trades listed below show some of the best winning picks to illustrate the types of explosive moves seen in The Zanger Report. The trades listed below do not represent actual exit prices, but merely the "total moves" from The Zanger Report buy point in various time frames.

Certainly there were losers during these time frames, but we keep stops at $1 and the gains made by these winning stocks below far outweigh the small losses seen in stocks that fail to break out.

Q1 2012 January - March

These are Dan's top picks for the quarter (Q1, 2012)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
PCYC	1/10/2012	$16.00	$41.00	$25.00	156.25%	21.6
PCLN	01/17/2012	$486.00	$774.00	$288.00	59.26%	11.9
FAS	1/10/2012	$72.00	$112.79	$40.79	56.65%	9.9
AAPL	1/26/2012	$408.00	$621.45	$213.45	52.32%	8.6
MGM	1/03/2012	$10.60	$14.94	$4.34	40.94%	7.7
INVN	2/1/2012	$16.00	$22.35	$6.35	39.69%	7.9
AAPL (add)	1/26/2012	$446.00	$621.45	$175.45	39.34%	8.6
SINA	1/18/2012	$58.00	$77.80	$19.80	34.14%	2.0
TNA	1/13/2012	$48.50	$63.64	$15.14	31.22%	2.7
BIDU	1/9/2012	$118.00	$154.00	$36.00	30.51%	11.1
ALXN	1/13/2012	$73.00	$95.01	$22.01	30.15%	10.4
LVS	1/25/2012	47.00	$59.85	$12.85	27.34%	7.7
CMG	1/13/2012	$350.00	$442.40	$92.40	26.40%	12.9
LULU	1/25/2012	$63.00	$76.66	$13.66	21.68%	8.1
LNKD	3/8/2012	$88.00	$106.97	$18.97	21.56%	2.7
GS	1/3/2012	$109.16	$128.72	$19.56	17.92%	12.0
EOG	1/19/2012	$103.00	$119.97	$16.97	16.48%	4.0
KORS	2/1/2012	$44.00	$50.69	$6.69	15.20%	5.4
UA	2/27/2012	$87.00	$99.10	$12.10	13.91%	1.9
MA	2/22/2012	$400.00	$437.56	$37.56	9.39%	4.9
IBM	2/23/2012	$195.00	$209.12	$14.12	7.24%	5.3

 

Q4 2011 October - December

These are Dan's top picks for the quarter (Q4, 2011)
Please Note : Dan sat in cash for nearly this entire quarter during a brutal plunge in the markets.
You can see further detail of his actions during this period on our Twitter stream.
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
ISRG	10/23/2011	$415.00	$449.00	$34.00	8.19%	3.1
TNA	10/24/2011	$43.50	$53.00	$9.50	21.84%	0.6
AAPL	11/30/2011	$378.50	$406.00	$27.50	7.27%	4.3
DROP	12/08/2011	$0.50	$1.10	$0.60	120.00%	0.7

Q3 2011 July - September

These are Dan's top picks for the quarter (Q3, 2011)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
GLD	8/15/2011	$169.00	$184.82	$15.82	9.36%	1.3
BIDU	7/15/2011	$146.00	$165.96	$19.96	13.67%	1.6
AMZN	8/26/2011	$195.00	$244.00	$49.00	25.13%	3.3
LULU	8/26/2011	$52.00	$61.80	$9.80	18.85%	3.4
SINA	8/26/2011	$96.00	$114.24	$18.24	19.00%	2.4
ANF	7/1/2011	$68.00	$78.25	$10.25	15.07%	2.9
GMCR	8/26/2011	$94.00	$115.98	$21.98	23.38%	3.4

Q2 2011 April - June

These are Dan's top picks for the quarter (Q2, 2011)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
IPGP	4/15/2011	$56.50	$78.59	$22.09	39.10%	6.6
TZOO	4/15/2011	$77.00	$103.80	$26.80	34.81%	1.4
GLNG	4/15/2011	$27.00	$35.32	$8.32	30.81%	10.6
EXK	4/01/2011	$10.00	$12.75	$2.75	27.50%	1.0
LULU	4/04/2011	$90.00	$114.20	$24.20	26.89%	12.1
DANG	4/18/2011	$21.00	$26.40	$5.40	25.71%	1.0
TIF	4/13/2011	$63.00	$79.00	$16.00	25.40%	11.0
BWLD	4/01/2011	$55.00	$67.30	$12.30	22.36%	12.6
SINA	6/22/2011	$86.00	$104.25	$18.25	21.22%	1.1
CF	4/18/2011	$132.00	$158.42	$26.42	20.02%	6.1
JVA	6/22/2011	$14.00	$16.69	$2.69	19.21%	0.3
DTO	6/10/2011	$48.00	$57.03	$9.03	18.81%	2.4
MA	4/04/2011	$261.00	$309.81	$48.81	18.70%	12.1
AGQ	5/20/2011	$176.00	$208.86	$32.86	18.67%	1.6
VHC	5/18/2011	$26.00	$30.50	$4.50	17.31%	2.0
NFLX	4/13/2011	$240.00	$277.70	$37.70	15.71%	7.6
BIDU	6/22/2011	$122.50	$140.25	$18.25	14.96%	1.1
BIIB	6/17/2011	$96.00	$109.63	$13.63	14.20%	1.7
ANF	4/13/2011	$68.00	$77.65	$9.65	14.19%	6.9
CMI	4/20/2011	$107.50	$121.49	$13.99	13.01%	1.7
ERX	5/18/2011	$72.00	$80.84	$8.84	12.28%	1.9
AMZN	4/13/2011	$184.00	$206.39	$22.39	12.17%	4.3
SOHU	4/13/2011	$98.00	$109.37	$11.37	11.60%	2.1
BHI	4/01/2011	$72.00	$79.24	$7.24	10.06%	3.7

Q1 2011 Jan - Mar

These are Dan's top picks for the quarter (Q1, 2011)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
AGQ	2/14/2011	$152.00	$231.46	$79.46	52.28%	5.7
FNSR	1/28/2011	$33.00	$46.09	$13.09	39.67%	2.3
WTI	1/26/2011	$19.00	$26.12	$7.12	37.47%	4.6
NFLX	1/3/2011	$182.00	$247.55	65.55	36.02%	5.9
MCP	2/2/2011	$48.00	$61.50	$13.50	28.13%	8.3
LULU	2/1/2011	$71.60	$90.97	$19.37	27.05%	8.4
WYNN	1/2/2011	$105.00	$132.25	$27.25	25.95%	8.9
CMG	1/4/2011	$222.00	$274.85	$52.85	23.81%	5.3
HAL	1/26/2011	$41.00	$50.47	$9.47	23.10%	9.3
SVM	2/28/2011	$12.70	$15.35	$2.65	20.87%	1.0
BIDU	1/31/2011	$115.00	$138.53	$23.53	20.46%	8.6
PCLN	1/18/2011	$425.00	$509.00	$84.00	19.76%	10.4
LDK	1/18/2011	$12.50	$14.97	$2.47	19.76%	5.3
OVTI	2/25/2011	$31.00	$37.04	$6.04	19.48%	5.0
CYOU	1/31/2011	$33.50	$39.72	$6.22	18.57%	0.1
NVLS	1/24/2011	$35.50	$41.82	$6.32	17.80%	5.7
DECK	1/5/2011	$81.00	$94.70	13.7	16.91%	7.1
PCX	1/28/2011	$25.00	$29.20	$4.20	16.80%	0.6
SLW	2/23/2011	$39.75	$46.38	$6.63	16.68%	2.0
TNA	2/4/2011	$76.00	$88.50	$12.50	16.45%	8.1
SU	2/14/2011	$42.00	$48.53	$6.53	15.55%	3.3
SODA	1/28/2011	$40.70	$46.88	$6.18	15.18%	4.7

Q4 2010 Oct - Dec

These are Dan's top picks for the quarter (Q4, 2010)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
MOTR	10/4/2010	$13.00	$31.95	$18.95	145.77%	5.0
REE	10/18/2010	$8.20	$17.62	$9.42	114.88%	10.4
MCP	12/6/2010	$32.00	$55.22	23.22	72.56%	3.1
LVS	10/1/2010	$32.40	$55.47	$23.07	71.20%	4.9
DECK	10/22/2010	$55.00	$87.88	32.88	59.78%	8.3
FFIV	10/20/2010	$96.00	$143.75	$47.75	49.74%	7.6
AIG	11/1/2010	$43.50	$61.68	$18.18	41.79%	8.1
LDK	10/10/2010	$10.80	$15.10	$4.30	39.81%	4.1
CMG	10/22/2010	$185.00	$258.00	$73.00	39.46%	5.4
TNA	11/2/2010	$54.00	$75.22	$21.22	39.30%	7.1
NFLX	10/12/2010	$155.00	$209.24	54.24	34.99%	7.0
RIMM	10/26/2010	$48.00	$63.94	$15.94	33.21%	5.0
SODA	11/22/2010	$33.00	$43.88	10.88	32.97%	1.1
RVBD	11/2/2010	$29.50	$37.94	8.44	28.61%	5.9
CRM	11/8/2010	$119.00	$151.26	$32.26	27.11%	4.4
WYNN	10/8/2010	$93.00	$117.50	$24.50	26.34%	4.4
CCSC	10/13/2010	$29.00	$36.45	$7.45	25.69%	1.7
FAS	10/5/2010	$22.50	$28.24	$5.74	25.51%	11.9
ROVI	10/26/2010	$50.00	$62.50	$12.50	25.00%	9.3
PCX	11/19/2010	$16.00	$19.94	3.94	24.63%	5.9
FNSR	12/8/2010	$24.50	$30.28	5.78	23.59%	2.9
JKS	11/1/2010	$34.00	$41.75	$7.75	22.79%	0.4
RDWR	10/25/2010	$34.00	$41.25	$7.25	21.32%	7.9
CSTR	10/29/2010	$56.00	$67.56	$11.56	20.64%	3.9
PUDA	11/19/2010	$14.30	$16.97	2.67	18.67%	1.9
VMW	11/3/2010	$78.00	$91.95	$13.95	17.88%	5.7
QLIK	12/17/2010	$25.00	$29.25	4.25	17.00%	0.7
MA	10/13/2010	$225.00	$260.72	$35.72	15.88%	8.6
CF	10/27/2010	$120.00	$138.74	$18.74	15.62%	9.0

Q3 2010 Jul - Sept

These are Dan's top picks for the quarter (Q3, 2010)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
RDWR	8/27/2010	$24.00	$40.17	$16.17	67.38%	2.6
POT	7/29/2010	$100.00	$153.29	$53.29	53.29%	3.4
ISLN	7/30/2010	$17.00	$25.94	8.94	52.59%	7.3
FCX	7/20/2010	$60.00	$87.92	$27.92	46.53%	9.9
PWER	7/7/2010	$9.00	$13.04	$4.04	44.89%	4.6
CALL	8/16/2010	$28.00	$39.88	$11.88	42.43%	1.0
SPRD	8/9/2010	$10.24	$14.20	3.96	38.67%	6.9
NFLX	9/1/2010	$129.00	$170.75	41.75	32.36%	4.0
APKT	7/14/2010	$30.72	$40.58	$9.86	32.10%	10.7
AGU	7/28/2010	$60.00	$78.96	$18.96	31.60%	8.4
CAGC	8/6/2010	$14.00	$18.40	$4.40	31.43%	2.4
AMZN	8/31/2010	$126.00	$161.78	$35.78	28.40%	4.1
RIG	8/27/2010	$51.50	$65.75	$14.25	27.67%	4.6
CRM	7/23/2010	$97.00	$123.77	$26.77	27.60%	8.1
MELI	7/23/2010	$61.00	$76.81	$15.81	25.92%	9.3
INFA	7/23/2010	$31.00	$38.74	$7.74	24.97%	8.7
WLT	7/20/2010	$68.00	$84.89	$16.89	24.84%	8.9
CRUS	7/7/2010	$17.00	$21.20	$4.20	24.71%	2.9
CMG	7/23/2010	$143.00	$177.18	$34.18	23.90%	9.4
VMW	7/14/2010	$72.00	$89.18	$17.18	23.86%	10.0
BIDU	9/20/2010	$87.00	$107.19	$20.19	23.21%	1.0
MMYT	9/8/2010	$35.00	$42.88	$7.88	22.51%	2.7
TSL	8/27/2010	$24.58	$29.65	$5.07	20.65%	4.6
NZ	9/15/2010	$24.00	$28.94	$4.94	20.58%	1.0
FFIV	8/3/2010	$88.00	$105.72	$17.72	20.14%	7.3
SPXU	8/11/2010	$30.60	$36.75	$6.15	20.10%	2.0
AKAM	7/21/2010	$44.70	$53.06	$8.36	18.70%	8.4
CLF	7/30/2010	$58.00	$68.83	$10.83	18.67%	5.6
X	7/20/2010	$44.00	$51.39	$7.39	16.80%	4.1
NANO	8/15/2010	$13.40	$15.60	$2.20	16.42%	6.3
AAPL	9/1/2010	$254.00	$294.73	$40.73	16.04%	3.7
ROVI	9/20/2010	$46.00	$53.00	$7.00	15.22%	1.3

Q2 2010 Apr - Jun

These are Dan's top picks for the quarter (Q2, 2010)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
ABK	4/12/2010	$1.60	$3.39	1.79	111.88%	0.1
NFLX	4/13/2010	$84.00	$127.96	43.96	52.33%	8.7
SPRD	5/11/2010	$7.75	$10.96	3.21	41.42%	2.4
VMW	4/12/2010	$55.20	$73.10	17.9	32.43%	9.9
SPXU	5/18/2010	$30.60	$39.96	9.36	30.59%	1.0
AIG	4/5/2010	$36.00	$45.90	$9.90	27.50%	3.0
LVS	4/1/2010	$22.00	$27.84	$5.84	26.55%	11.4
MGM	4/9/2010	$13.50	$16.66	$3.16	23.41%	2.4
GOLD	4/6/2010	$81.00	$99.67	$18.67	23.05%	11.7
SNDK	4/28/2010	$42.00	$50.55	8.55	20.36%	7.6
MPG	4/5/2010	$3.90	$4.60	0.7	17.95%	0.6

Q1 2010 Jan - Mar

These are Dan's top picks for the quarter (Q1, 2010)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
AAPL	2/12/2010	$200.00	$237.48	$37.48	18.74%	6.9
CAGC	1/4/2010	$15.36	$30.75	$15.39	100.20%	9.1
SEED	1/4/2010	$13.00	$15.02	$2.02	15.54%	1.1
FAS	2/24/2010	$75.00	$103.00	$28.00	37.33%	4.4
ZSTN	12/31/2009	$8.50	$11.90	$3.40	40.00%	1.6
CYD	1/8/2010	$16.70	$19.92	$3.22	19.28%	0.4
FCX	2/12/2010	$72.00	$84.90	$12.90	17.92%	6.9
CMI	1/8/2010	$52.00	$63.44	$11.44	22.00%	11.0
CMG	1/12/2010	$98.00	$117.11	$19.11	19.50%	10.4
RIMM	1/13/2010	$66.25	$76.95	$10.70	16.15%	8.9
DECK	1/13/2010	$114.00	$142.72	$28.72	25.19%	11.0
BIDU	1/15/2010	$440.00	$628.50	$188.50	42.84%	8.6
EL	1/27/2010	$54.00	$65.75	$11.75	21.76%	9.0
PCLN	1/27/2010	$210.00	$262.67	$52.67	25.08%	8.3
DNDN	2/23/2010	$30.50	$38.12	$7.62	24.98%	4.3
VMW	2/9/2010	$45.00	$54.99	$9.99	22.20%	6.6
INCY	2/22/2010	$11.30	$14.49	$3.19	28.23%	4.9
CREE	2/12/2010	$60.00	$72.40	$12.40	20.67%	6.1
NETL	2/12/2010	$51.50	$62.98	$11.48	22.29%	5.9
X	2/26/2010	$53.00	$65.44	$12.44	23.47%	4.1
SNDK	2/19/2010	$29.00	$36.25	$7.25	25.00%	5.1
WLT	2/26/2010	$78.00	$94.00	$16.00	20.51%	4.0

 

Q4 2009 Oct- Dec

These are Dan's top picks for the quarter (Q4, 2009)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
RINO	11/11/2009	$25.00	$35.15	$10.15	40.60%	2.9
WLT	10/9/2009	$60.00	$80.06	$20.06	33.44%	10.7
HEAT	11/18/2009	$13.00	$17.27	$4.27	32.85%	3.9
AONE	12/4/2009	$18.55	$23.46	$4.91	26.47%	3.9
DRN	12/9/2009	$128.00	$161.65	$33.65	26.29%	2.7
MELI	11/17/2009	$46.00	$55.75	$9.75	21.20%	5.9
AMZN	10/28/2009	$126.00	$145.91	$19.91	15.80%	5.0
CME	10/9/2009	$297.00	$343.66	$46.66	15.71%	11.4
PCLN	11/13/2009	$201.00	$231.47	$30.47	15.16%	6.4

Q3 2009 Jul - Sept

These are Dan's top picks for the quarter (Q3, 2009)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
JAZZ	7/27/2009	$5.25	$11.88	$6.63	126.19%	6.0
FAS	7/13/2009	$40.96	$91.31	$50.35	122.92%	10.0
LEE	8/7/2009	$1.70	$3.41	$1.71	100.37%	7.4
AIG	8/20/2009	$28.50	$55.88	$27.38	96.05%	1.1
FUQI	7/1/2009	$17.00	$32.66	$15.66	92.12%	10.6
RDN	8/14/2009	$7.00	$12.47	$5.47	78.13%	5.6
LVS	8/4/2009	$11.65	$20.73	$9.08	77.94%	6.0
WLT	7/15/2009	$39.50	$67.78	$28.28	71.60%	9.6
RTK	8/18/2009	$1.70	$2.91	$1.21	71.18%	0.1
HIG	8/7/2009	$17.00	$29.00	$12.00	70.59%	7.4
PWRD	7/24/2009	$33.28	$50.49	$17.21	51.71%	8.4
CENX	7/31/2009	$8.30	$12.18	$3.88	46.75%	3.4
BAC	7/31/2009	$13.00	$18.25	$5.25	40.38%	4.0
APT	8/31/2009	$4.50	$6.25	$1.75	38.89%	4.3
VMC	7/6/2009	$45.00	$62.00	$17.00	37.78%	10.1
MA	7/13/2009	$166.00	$225.83	$59.83	36.04%	9.7
MV	8/3/2009	$26.00	$35.03	$9.03	34.73%	7.4
AEM	7/1/2009	$54.00	$72.31	$18.31	33.91%	10.7
MELI	7/17/2009	$30.00	$39.88	$9.88	32.93%	10.3
JPM	7/13/2009	$35.00	$46.50	$11.50	32.86%	10.0
WYNN	9/4/2009	$56.50	$74.88	$18.38	32.52%	2.7
MAC	8/26/2009	$27.00	$35.60	$8.60	31.85%	3.7
APC	8/10/2009	$51.00	$66.19	$15.19	29.78%	5.3
WHR	7/29/2009	$57.00	$73.81	$16.81	29.50%	6.9
OIH	7/10/2009	$94.00	$121.38	$27.38	29.12%	10.4
PNC	7/31/2009	$38.00	$48.75	$10.75	28.29%	8.6
GOLD	9/2/2009	$60.00	$76.06	$16.06	26.77%	2.1
JOYG	8/4/2009	$40.25	$50.58	$10.33	25.66%	8.0
SGMO	9/2/2009	$7.50	$9.38	$1.88	25.00%	2.7
RIG	7/13/2009	$70.00	$87.22	$17.22	24.60%	9.9
GMCR	7/20/2009	$61.00	$75.88	$14.88	24.39%	9.9
ARE	8/20/2009	$50.50	$62.47	$11.97	23.70%	3.9
GS	7/14/2009	$152.00	$188.00	$36.00	23.68%	9.9
BCRX	8/24/2009	$11.00	$13.47	$2.47	22.44%	1.0
FCX	7/31/2009	$60.00	$73.41	$13.41	22.34%	7.4
VNO	8/26/2009	$57.50	$70.22	$12.72	22.12%	3.0
VMC	8/28/2009	$51.00	$62.00	$11.00	21.57%	2.7
SNDA	8/26/2009	$50.00	$60.35	$10.35	20.70%	3.9
WFC	7/13/2009	$24.50	$29.53	$5.03	20.54%	9.0
CMG	7/14/2009	$82.00	$98.66	$16.66	20.32%	10.7
TLEO	8/21/2009	$19.50	$23.19	$3.69	18.92%	5.6
EQIX	7/29/2009	$80.00	$94.88	$14.88	18.59%	6.9
BXP	8/31/2009	$61.00	$72.22	$11.22	18.39%	2.4
CVH	7/28/2009	$21.00	$24.81	$3.81	18.15%	6.6
CLI	8/20/2009	$32.00	$37.63	$5.63	17.58%	3.9
X	8/12/2009	$44.00	$51.63	$7.63	17.33%	5.9
AAPL	7/28/2009	$161.00	$188.88	$27.88	17.31%	7.9
BIDU	9/8/2009	$350.00	$408.00	$58.00	16.57%	1.3
MBT	7/31/2009	$43.00	$50.00	$7.00	16.28%	6.6
CLF	9/16/2009	$30.72	$35.57	$4.85	15.79%	0.1
MGM	9/14/2009	$12.34	$14.25	$1.91	15.48%	0.3

Q2 2009 Apr - Jun

These are Dan's top picks for the quarter (Q2, 2009)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
FIG	4/13/2009	$3.00	$8.30	$5.30	176.67%	3.3
TSL	4/3/2009	$11.15	$28.40	$17.25	154.71%	8.9
LDK	4/6/2009	$7.50	$14.27	$6.77	90.27%	9.1
BAC	4/8/2009	$8.00	$15.06	$7.06	88.28%	4.1
TTI	4/28/2009	$6.00	$10.50	$4.50	75.00%	6.0
ISRG	4/8/2009	$101.00	$170.66	$69.66	68.97%	9.0
BIDU	4/8/2009	$186.00	$310.25	$124.25	66.80%	8.7
DRYS	4/21/2009	$7.00	$11.48	$4.48	64.00%	2.3
BX	4/29/2009	$9.25	$14.44	$5.19	56.11%	1.0
CTRP	4/17/2009	$31.00	$47.63	$16.63	53.65%	7.6
CME	5/4/2009	$234.00	$346.22	$112.22	47.96%	5.3
PNC	4/9/2009	$36.00	$53.22	$17.22	47.83%	4.1
SLB	4/8/2009	$44.20	$63.75	$19.55	44.23%	9.0
MBI	4/9/2009	$5.50	$7.88	$2.38	43.18%	4.7
WFC	4/15/2009	$20.00	$28.44	$8.44	42.19%	3.7
GNW	5/18/2009	$5.22	$7.41	$2.19	41.95%	5.9
SHLD	4/1/2009	$51.00	$71.99	$20.99	41.16%	9.9
WHR	4/15/2009	$35.50	$49.94	$14.44	40.67%	3.3
MS	4/28/2009	$23.00	$31.99	$8.99	39.09%	5.3
STI	4/3/2009	$15.00	$20.84	$5.84	38.96%	4.9
SLG	4/24/2009	$20.00	$27.75	$7.75	38.75%	5.9
SOHU	4/17/2009	$51.20	$69.53	$18.33	35.80%	7.6
ICE	4/27/2009	$90.00	$121.93	$31.93	35.48%	5.4
FSLR	4/24/2009	$154.00	$207.51	$53.51	34.75%	1.9
AAPL	4/6/2009	$109.00	$146.38	$37.38	34.29%	8.4
VNO	4/9/2009	$40.50	$54.00	$13.50	33.33%	3.9
OIH	4/15/2009	$87.00	$115.94	$28.94	33.26%	8.0
KBR	4/17/2009	$15.00	$19.74	$4.74	31.60%	6.3
RIMM	4/15/2009	$66.00	$86.00	$20.00	30.30%	8.0
MEE	5/4/2009	$20.48	$26.46	$5.98	29.20%	5.3
BTU	5/4/2009	$29.00	$37.44	$8.44	29.10%	5.3
JLL	4/24/2009	$31.00	$40.01	$9.01	29.06%	1.9
GS	4/13/2009	$120.00	$151.16	$31.16	25.96%	7.4
MT	5/11/2009	$30.00	$37.26	$7.26	24.20%	4.3
XLE	4/17/2009	$46.50	$57.70	$11.20	24.09%	6.3
POT	5/8/2009	$98.00	$121.34	$23.34	23.82%	3.3
HES	4/27/2009	$57.00	$69.74	$12.74	22.35%	4.9
ABK	5/8/2009	$1.70	$2.06	$0.36	21.32%	0.4

Q1 2009 Jan - Mar

These are Dan's top picks for the quarter (Q1, 2009)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
BIDU	2/2/2009	$120.00	$197.69	$77.69	64.74%	7.4
CTRP	3/24/2009	$29.00	$43.51	$14.51	50.03%	6.9
CME	3/10/2009	$190.00	$264.43	$74.43	39.17%	1.9
AU	1/26/2009	$28.50	$38.99	$10.49	36.81%	7.6
CF	2/4/2009	$50.00	$66.58	$16.58	33.16%	3.0
WLT	3/26/2009	$26.00	$34.58	$8.58	33.00%	5.9
CF	2/23/2009	$57.00	$75.15	$18.15	31.84%	4.7
FXI	3/10/2009	$25.00	$31.47	$6.47	25.88%	3.1
RIMM	1/16/2009	$49.15	$60.47	$11.32	23.03%	3.3
AMZN	1/5/2009	$55.00	$67.36	$12.36	22.47%	4.9
PNC	3/16/2009	$29.00	$34.69	$5.69	19.62%	1.4
GS	1/5/2009	$82.50	$98.66	$16.16	19.59%	4.9
ANF	2/25/2009	$23.00	$27.33	$4.33	18.83%	5.3
GOOG	1/26/2009	$321.00	$381.00	$60.00	18.69%	1.9
APA	1/4/2009	$75.00	$88.07	$13.07	17.43%	0.3

Historical Performance:

Q3 09' | Q2 09 | Q1 09'
 Q4 08' | Q3 08' | Q2 08' | Q1 08'
Q4 07' | Q3 07' | Q2 07' | Q1 07'
Q4 06' |  Q3 06' |  Q2 06' |  Q1 06'
Q4 05' | Q3 05' | Q2 05' | Q1 05'
  Q4 04' | Q3 04' | Q2 04' | Q1 04'
2003 | 2002 | 2001 | 2000 | 1999 | 1998

The trades listed below show some of the best winning picks to illustrate the types of explosive moves seen in The Zanger Report. The trades listed below do not represent actual exit prices, but merely the "total moves" from The Zanger Report buy point in various time frames.

Certainly there were losers during these time frames, but we keep stops at $1 and the gains made by these winning stocks below far outweigh the small losses seen in stocks that fail to break out.

Q4 2008 Oct - Dec

These are Dan's top picks for the quarter (Q4, 2008)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
CNQ	10/29/08	$41.00	$55.75	$14.75	35.98%	0.9
LCC	10/30/08	$9.25	$11.24	$1.99	21.51%	0.4
ENER	01/02/09	$26.00	$30.32	$4.32	16.62%	0.4
short
EEV	10/28/08	-$183.00	-$73.00	$110.00	-60.11%	0.9
ANR	11/05/08	-$33.00	-$14.21	$18.79	-56.94%	2.1
OIH	11/19/08	-$95.00	-$60.96	$34.04	-35.83%	2.3
DVN	11/28/08	-$74.00	-$54.52	$19.48	-26.32%	7.4
AMGN	10/06/08	-$58.00	-$45.00	$13.00	-22.41%	0.6

Q3 2008 July - Sept

These are Dan's top picks for the quarter (Q3, 2008)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
SKF	08/13/08	$125.00	$303.82	$178.82	143.06%	14.0
DUG	08/04/08	$32.00	$71.33	$39.33	122.91%	9.4
MBI	08/13/08	$9.00	$19.08	$10.08	112.00%	3.6
ABK	08/28/08	$6.25	$10.08	$3.83	61.28%	1.4
CAL	09/02/08	$16.30	$21.40	$5.10	31.29%	2.0
ESI	07/23/08	$90.00	$106.75	$16.75	18.61%	0.1
MASI	07/09/08	$35.50	$41.75	$6.25	17.61%	5.1
CRK	08/20/08	$61.00	$68.64	$7.64	12.52%	1.0
GOLD	07/11/08	$51.00	$56.28	$5.28	10.35%	0.6
short
SSO	09/04/08	-$59.00	-$19.00	$40.00	-67.80%	10.9
GOOG	08/30/08	-$480.00	-$247.00	$233.00	-48.54%	11.6
MA	09/03/08	-$233.00	-$121.00	$112.00	-48.07%	7.3
GS	09/10/08	-$160.00	-$85.88	$74.12	-46.33%	1.1

Q2 2008 April - June

These are Dan's top picks for the quarter (Q2, 2007)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	START DATE	BUY PRICE	SELL PRICE	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
CSIQ	04/03/08	$24.00	$48.91	$24.91	103.79%	6.6
SOHU	04/01/08	$47.00	$91.50	$44.50	94.68%	9.1
SQM	06/04/08	$34.00	$59.45	$25.45	74.85%	2.1
AGU	04/14/08	$76.00	$113.88	$37.88	49.84%	9.1
CNX	04/15/08	$81.00	$119.10	$38.10	47.04%	9.1
CLF	05/05/08	$167.22	$243.90	$76.68	45.86%	7.9
MA	04/01/08	$231.00	$320.30	$89.30	38.66%	8.4
GA	04/08/08	$13.10	$17.20	$4.10	31.30%	3.9
EXM	05/12/08	$47.00	$60.99	$13.99	29.77%	1.0
GOOG	04/01/08	$465.00	$602.45	$137.45	29.56%	4.4
SPWR	04/01/08	$78.00	$100.02	$22.02	28.23%	2.1
LDK	05/12/08	$38.00	$47.81	$9.81	25.82%	2.1
VRTX	05/15/08	$28.00	$34.97	$6.97	24.89%	3.4
LNN	04/02/08	$107.00	$131.14	$24.14	22.56%	2.9
RIMM	04/03/08	$122.00	$148.13	$26.13	21.42%	10.9
RDC	04/01/08	$41.60	$47.94	$6.34	15.24%	12.7
AMZN	05/27/08	$79.80	$91.75	$11.95	14.97%	10.6
SPW	05/12/08	$125.00	$140.82	$15.82	12.66%	5.0
GS	04/23/08	$182.00	$203.39	$21.39	11.75%	1.3
MPEL	04/07/08	$13.30	$14.76	$1.46	10.98%	4.3

Q1 2008 Jan - March

These are Dan's top picks for the quarter (Q1, 2008)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
X	03/18/08	$121.00	$196.00	$75.00	61.98%	13.7
CF	01/24/08	$100.00	$159.00	$59.00	59.00%	12.4
MTL	02/19/08	$114.00	$175.98	$61.98	54.37%	12.9
RIMM	02/14/08	$96.00	$144.50	$48.50	50.52%	12.9
FSLR	03/24/08	$213.00	$317.00	$104.00	48.83%	7.1
BIDU	03/11/08	$258.00	$382.90	$124.90	48.41%	8.0
POT	02/12/08	$147.00	$215.97	$68.97	46.92%	10.1
HES	02/20/08	$94.00	$137.00	$43.00	45.74%	13.0
CF	02/12/08	$112.75	$159.00	$46.25	41.02%	9.9
MELI	03/26/08	$41.00	$57.56	$16.56	40.39%	5.9
SWN	02/25/08	$65.00	$90.86	$25.86	39.78%	8.6
EOG	02/25/08	$102.00	$140.49	$38.49	37.74%	8.1
MOS	02/19/08	$107.00	$143.32	$36.32	33.94%	9.0
PBR	02/19/08	$119.00	$155.22	$36.22	30.44%	13.1
MT	03/26/08	$80.00	$103.14	$23.14	28.93%	7.6
FSLR	01/22/08	$184.00	$236.57	$52.57	28.57%	3.1
DVN	02/19/08	$95.50	$122.66	$27.16	28.44%	9.0
APA	03/12/08	$119.80	$149.23	$29.43	24.57%	9.9
AAPL	02/14/08	$130.50	$159.69	$29.19	22.37%	7.6
APC	03/06/08	$66.50	$81.36	$14.86	22.35%	10.7
RIG	02/20/08	$134.00	$162.35	$28.35	21.16%	11.0
ISRG	03/24/08	$316.00	$357.98	$41.98	13.28%	2.3
short
AAPL	01/15/08	-$174.00	-$117.27	$56.73	-32.60%	3.1

Q4 2007 Oct - Dec

These are Dan's top picks for the quarter (Q4, 2007)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	START DATE	BUY PRICE	SELL PRICE	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
CSUN	10/02/03	$11.50	$19.23	$7.73	67.22%	12.0
ASTI	11/04/03	$20.50	$28.35	$7.85	38.29%	8.0
STP	11/05/03	$65.00	$88.32	$23.32	35.88%	6.4
GOOG	09/30/03	$570.00	$747.00	$177.00	31.05%	5.1
POT	11/28/03	$117.00	$151.90	$34.90	29.83%	4.0
MA	10/30/03	$175.00	$227.18	$52.18	29.82%	5.7
YGE	10/10/03	$31.50	$39.20	$7.70	24.44%	2.9
OSIP	11/06/03	$43.00	$52.00	$9.00	20.93%	6.3

Q3 2007 July - Sept

These are Dan's top picks for the quarter (Q3, 2007)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	START DATE	BUY PRICE	SELL PRICE	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
FSLR	09/26/03	$118.00	$283.00	$165.00	139.83%	12.9
DRYS	08/21/03	$58.00	$130.48	$72.48	124.97%	7.7
TBSI	08/21/03	$37.00	$81.99	$44.99	121.59%	8.7
BIDU	08/20/03	$198.00	$429.00	$231.00	116.67%	10.7
SOLF	09/24/03	$15.00	$31.80	$16.80	112.00%	10.0
JASO	08/29/03	$34.00	$72.00	$38.00	111.76%	9.7
BIDU #2	09/04/03	$217.00	$429.19	$212.19	97.78%	8.7
RIMM	08/20/03	$74.00	$131.00	$57.00	77.03%	10.9
MOS	08/07/03	$41.50	$72.80	$31.30	75.42%	12.7
ISRG	07/22/03	$200.00	$339.63	$139.63	69.82%	13.3
FXI	08/21/03	$45.00	$72.83	$27.83	61.84%	7.9
CROX	07/25/03	$50.00	$75.21	$25.21	50.42%	13.6
WYNN	08/20/03	$114.00	$169.38	$55.38	48.58%	5.9
GRMN	07/24/03	$84.00	$122.78	$38.78	46.17%	9.0
PCU	08/23/03	$98.25	$143.25	$45.00	45.80%	6.7
AAPL	08/29/03	$135.00	$192.68	$57.68	42.73%	9.6
FXI	09/12/03	$153.50	$218.49	$64.99	42.34%	4.9
POT	09/17/03	$91.00	$126.00	$35.00	38.46%	7.1
AMZN	08/20/03	$73.00	$96.73	$23.73	32.51%	6.9
BCSI	09/23/03	$86.00	$106.74	$20.74	24.12%	3.4
SLB	09/18/03	$100.70	$114.84	$14.14	14.04%	3.7

Q2 2007 April - June

These are Dan's top picks for the quarter (Q2, 2007)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	START DATE	BUY PRICE	SELL PRICE	TOTAL MOVE	PERCENTAGE GAIN	DURATION IN WEEKS
long
SPWR	06/21/03	$64.00	$164.49	$100.49	157.02%	19.4
JASO	04/11/03	$20.00	$43.86	$23.86	119.30%	12.4
BIDU	04/15/03	$98.50	$215.61	$117.11	118.89%	12.9
FXI	05/21/03	$115.00	$218.49	$103.49	89.99%	19.7
FWLT	05/07/03	$72.00	$123.92	$51.92	72.11%	9.3
FSLR	06/12/03	$72.00	$119.85	$47.85	66.46%	3.7
POT	04/04/03	$169.50	$268.29	$98.79	58.28%	17.6
MA	04/26/03	$113.00	$174.60	$61.60	54.51%	10.9
TRA	04/12/03	$19.25	$29.74	$10.49	54.49%	13.7
AAPL	04/25/03	$96.50	$148.00	$51.50	53.37%	13.0
BWLD	04/15/03	$64.35	$95.50	$31.15	48.41%	9.1
NOV	04/30/03	$87.16	$125.36	$38.20	43.83%	12.1
TSL	04/04/03	$48.00	$68.90	$20.90	43.54%	1.6
AMZN	05/20/03	$64.00	$89.00	$25.00	39.06%	9.3
CMI	06/18/03	$101.00	$140.26	$39.26	38.87%	12.9
SNDA	06/27/03	$30.50	$40.71	$10.21	33.48%	17.4
TEX	04/12/03	$74.00	$96.94	$22.94	31.00%	13.3
GME	04/19/03	$34.00	$44.00	$10.00	29.41%	11.4
PENN	04/18/03	$49.40	$63.68	$14.28	28.91%	8.0
JADE	04/17/03	$10.35	$13.15	$2.80	27.05%	3.7
PCLN	05/07/03	$64.00	$79.73	$15.73	24.58%	12.9
PCU	04/01/03	$74.00	$91.86	$17.86	24.14%	5.6
GROW	04/02/03	$28.50	$34.95	$6.45	22.63%	0.1
CEGE	04/08/03	$6.00	$7.30	$1.30	21.67%	0.1
VIP	04/26/03	$97.75	$118.60	$20.85	21.33%	10.9
WFR	03/19/03	$57.00	$68.80	$11.80	20.70%	5.1
RIG	06/13/03	$101.00	$120.88	$19.88	19.68%	5.6
GOOG	05/14/03	$473.00	$558.58	$85.58	18.09%	8.7

Q1 2007 Jan - March

These are Dan's top picks for the quarter (Q1, 2007)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
FSLR	1/29/07	31.14	72.48	41.34	132.75%	15 Weeks
CROX(2)	1/10/07	45.60	79.81	34.21	75.02%	19 Weeks
SILC	3/20/07	16.38	26.74	10.36	63.24%	26 Days
TSL	3/22/07	45.44	68.90	23.46	51.62%	17 Days
X	1/23/07	75.11	113.84	38.73	51.56%	16 Weeks
RIO(2)	1/23/07	30.72	45.58	14.86	48.37%	17 Weeks
MGM	3/7/07	58.00	82.25	24.25	41.81%	11 Weeks
ATI(2)	1/17/07	92.00	119.70	27.70	30.10%	13 Weeks
CROX(1)	1/10/07	45.60	58.57	12.97	28.44%	20 Days
RTI	1/12/07	79.36	101.49	22.13	27.88%	14 Weeks
AAPL	3/14/07	90	115	25	27.77%	10 Weeks
VIP	1/28/07	84.43	105.98	21.55	25.52%	14 Weeks
PCU	3/26/07	74	91.86	17.86	24.13%	7 Weeks
RIO(1)	1/23/07	30.72	38.05	7.33	23.86%	22 Days
STLD	2/21/07	40.60	49.54	8.94	22.01%	12 Weeks
OIH	3/14/07	142	173.15	31.15	21.93%	9 Weeks
WFR	3/12/07	57	68.80	11.80	20.70%	5 Weeks
ATI(1)	1/17/07	92	110	18	19.56%	27 Days
JCG	2/14/07	36.69	43.05	6.36	17.33%	10 Weeks
TEX	2/25/07	72.10	84.50	12.40	17.19%	11 Weeks
WYNN	3/14/07	92.62	107.98	15.36	16.58%	7 Weeks
GOOG	3/14/07	448	492.50	44.50	9.90%	5 Weeks

Q4 2006 Oct - Dec

These are Dan's top picks for the quarter (Q4, 2006)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
RVBD	10/9/06	17.30	35.17	17.87	103.29%	8 Weeks
ACOR	10/3/06	12.00	20.60	8.60	71.66%	7 Weeks
NYX	10/3/06	70.00	112.00	42.00	60.00%	7 Week
ICE	10/3/06	78.56	113.85	35.29	44.92%	10 Weeks
CAL	11/1/06	34.80	46.29	11.49	33.01%	5 Weeks
CELG	10/15/06	47.30	60.12	12.82	27.10%	9 Weeks
GSF	11/05/06	53.00	64.50	11.50	21.69%	5 Days
DO	11/05/06	73.00	85.02	12.02	16.46%	5 Weeks
OIH	10/16/06	131.60	150.98	19.38	14.70%	8 Weeks

Q3 2006 July - Sept

These are Dan's top picks for the quarter (Q3, 2006)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
RIMM	9/15/06	84.50	142.66	58.16	68.82%	10 Weeks
ATI(1)	9/4/06	62.00	98.72	36.72	59.22%	13 Weeks
BIDU	9/15/06	90.02	128.68	38.50	42.85%	10 Week
AKAM	7/30/06	37.30	52.93	15.23	40.39%	9 Weeks
ATI(2)	9/4/06	62.00	83.15	21.15	34.11%	7 Weeks
AAPL	8/16/06	70.00	93.15	23.15	33.07%	12 Weeks
GS	7/25/06	150.00	193.16	43.60	29.06%	12 Weeks
CHAP	9/10/06	38.40	49.21	10.81	28.15%	12 Weeks
BRCM	9/25/06	29.70	37.50	7.80	26.26%	7 Weeks
GOOG	8/20/06	390.50	494.96	101.46	25.98%	9 Weeks
NUE	8/02/06	54.20	67.55	13.35	24.63%	15 Weeks
EEM	7/25/06	95.00	114.36	19.36	20.37%	19 Weeks
USG	9/4/06	49.00	58.50	9.50	19.38%	12 Weeks
BSC	8/02/06	143.00	166.20	23.20	16.22%	19 Weeks
DO	9/4/06	74.24	85.02	10.78	14.52%	13 Weeks
SHLD	9/25/06	164.00	182.38	18.38	11.20%	4 Weeks
MDY	7/30/06	136.00	150.10	14.10	10.36%	15 Weeks

Q2 2006 Apr - Jun

These are Dan's top picks for the quarter (Q2, 2006)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
BIDU	4/2/06	54.9	94.03	39.13	71.27%	5 Weeks
FTO	6/18/06	25.83	37.8	11.97	46.34%	7 Weeks
TIE	4/30/2006	35.82	47.62	11.8	32.94%	1 Week
PEIX	4/17/06	33.88	44.5	10.62	31.34%	4 Weeks
FMCN	4/2/06	55.62	69.95	14.33	25.76%	5 Weeks
PCU	4/4/06	88.5	109.93	21.43	24.21%	5 Weeks
GLG	4/30/06	36	42.84	7.84	21.77%	10 Days
DO (s)	5/17/06	88	72.14	15.86	18.02%	3 Weeks
RMBS	4/5/06	40	46.99	6.99	17.47%	2 Weeks
ICE	4/30/06	73	82.14	9.4	12.80%	10 Days
OXY	4/5/06	96.3	108.52	12.22	12.68%	5 Weeks

Q1 2006 Jan - Mar

These are Dan's top picks for the quarter (Q1, 2006)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
HANS	3/8/06	26	50.52	24.52	94.30%	8 Weeks
ATI	3/1/2006	54	87.5	33.5	62.03%	9 Weeks
MDR	2/7/06	31.18	49.33	18.15	58.21%	12 Weeks
NVDA	2/15/06	23	31.88	8.88	38.60%	11 Weeks
CTRP	2/28/06	38.77	52.17	13.4	34.56%	8 Weeks
EXR	3/1/06	56.25	74.55	18.3	32.53%	7 Weeks
RIG	2/14/06	70.2	90.16	19.96	28.43%	12 Weeks
TS	3/26/06	37.4	47.82	10.42	27.86%	4 Weeks
SHLD	3/15/06	132.29	167.95	35.66	26.95%	10 Weeks
SLB	3/1/06	60	73.46	13.46	22.43%	8 Weeks
ISRG	3/22/06	108	132	24	22.22%	8 Weeks
BTU	1/8/06	43.5	52.53	9.03	20.75%	4 Weeks
GOOG	2/20/06	368.75	444.7	75.95	20.59%	8 weeks
SU	3/13/06	74.88	89.88	15	20.03%	5 Weeks
OIH	3/3/06	143.04	168	24.96	17.44%	9 Weeks
CAT	2/14/06	70.22	82.03	11.81	16.81%	12 Weeks
AAPL	3/29/06	62.75	72.05	9.3	14.80%	7 Days
NSC	2/14/2006	50.3	57.48	7.18	14.27	8 Weeks

Q4 2005 Oct -Dec

These are Dan's top picks for the quarter (Q4, 2005)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
ISRG	10/07/05	$70.41	$124.79	54.38	77.23%	11 Weeks
AAPL	10/10/05	$50.90	$75.46	24.56	48.25%	9 Weeks
GOOG	10/18/05	$321.75	$446.21	124.46	38.68%	8 Weeks
HANS	11/09/05	$64.20	$88.29	24.09	37.52%	4 Weeks
SNDK	10/10/05	$50.44	$65.49	15.05	29.83%	3 Weeks
VPHM	11/01/05	$19.13	$24.36	5.23	27.33%	1 Week
HOLX	11/09/05	$31.75	$40.01	8.26	26.01%	7 Weeks
CUTR	11/22/05	$36.50	$44.20	7.7	21.09%	2 Weeks
KBH	11/01/05	$65.40	$76.15	10.75	16.43%	8 Weeks
BR	11/27/05	$75.50	$87.02	11.52	15.25%	3 Weeks
CTX	11/01/05	$66.55	$76.44	9.89	14.86%	3 Weeks
YHOO	11/06/05	$37.77	$43.45	5.58	14.73%	2 Weeks
PD	11/27/05	$132.50	$149.25	16.75	12.64%	4 Weeks

Q3 2005 Jul -Sept

These are Dan's top picks for the quarter (Q3, 2005)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
BR	7/5/05	57.50	81.98	24.48	42.57%	3 Weeks
VLO	7/4/05	41.20	58.62	17.42	42.28%	10 Weeks
AAPL	7/10/05	39.00	55.35	16.39	41.92%	12 Weeks
ECA	7/5/05	41.75	58.49	16.74	40.09%	10 Weeks
SUN	7/5/05	58.93	81.49	22.56	38.28%	9 Weeks
MRO	7/4/05	56.00	72.68	16.68	29.78%	9 Weeks
IPII	7/11/05	24.50	30.69	6.19	25.26%	3 Weeks
EBAY	7/18/05	36.00	44.88	8.88	24.66%	2 Weeks
NTES	8/12/05	77.35	96	18.65	24.11%	6 Weeks
COP	7/4/05	60.00	71.48	11.48	19.13%	9 Weeks
QSII	7/31/05	59.00	70.26	11.26	19.08%	8 Weeks
TOT	7/4/05	118.00	137.95	19.95	16.90%	13 Weeks
TOL	7/4/05	50.25	58.67	8.32	16.52%	2 Weeks
CLF	8/12/05	77.50	88.67	11.17	14.41%	7 Weeks
KBH	7/4/05	75.00	85.45	10.45	13.93%	2 Weeks
CME	7/5/05	299.00	340	41	13.71%	10 Weeks
KMG	8/17/05	87.00	98.83	11.93	13.70%	4 Weeks
OIH	7/22/05	111.39	125.9	14.59	13.07%	10 Weeks
PHM	7/5/05	42.67	48.22	5.55	13.00%	3 Weeks
RIMM	7/17/05	73.00	82.49	9.49	13.00%	8 Weeks

Q2 2005 Apr -Jun

These are Dan's top picks for the quarter (Q2, 2005)
Top Recommendations to Trade High-Date (% Performance):

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
GOOG	4/6/05	190.5	309.25	118.75	62.30%	16 Weeks
CME	5/1/05	200	307.8	107.8	53.90%	8 Weeks
TOL	5/2/05	38.5	53.72	15.22	39.50%	6 Weeks
KBH	5/11/05	59.6	82.9	23.3	39.10%	5 Weeks
HANS	5/2/05	63.4	87.9	24.5	38.60%	7 Weeks
SNDA	4/5/05	31.7	42.24	10.54	33.20%	11 Weeks
TALK	5/3/05	8.95	11.75	2.8	31.28%	12 Weeks
DGIN	5/11/05	20.6	26.04	5.44	26.40%	6 Weeks
RYL	5/4/05	62.5	78.5	16	25.60%	7 Weeks
RIMM	5/10/05	70.72	84.55	13.83	19.60%	3 Weeks
PHM	5/11/05	74.15	87.7	13.55	18.30%	5 Weeks
EBAY	5/9/05	35	40.94	5.94	17.00%	3 Weeks
EOG	4/4/05	50.07	57.73	7.68	15.39%	11 Weeks
MDC	4/12/05	72.61	82.97	10.36	14.30%	10 Weeks
short
WYNN (S)	4/8/05	62.5	42.32	20.18	32.30%	5 Weeks

Q1 2005 Jan - Mar

These are Dan's top picks for the quarter (Q1, 2005)

SYMBOL	DATE OF RECOMMENDATION	ENTRY POINT	EXIT POINT	TOTAL MOVE	PERCENTAGE GAIN	DURATION
long
RSTG	1/19/05	19	32.75	13.75	72.36%	8 Weeks
AAPL	1/11/05	32.25	45.44	10.19	28.90%	5 Weeks
PHM	1/10/05	64.3	79.9	15.6	24.26%	7 Weeks
TOL	1/14/05	74.38	91.19	16.81	22.60%	7 Weeks
KBH	1/12/05	104	126.38	22.38	21.51%	6 Weeks
RYL	1/14/05	59.9	71.9	12	20.03%	7 Weeks
SGTL	1/18/05	38.5	45.5	7	18.18%	6 Weeks
TSRA	1/31/05	40	46.28	6.28	15.70%	5 Weeks
CME	1/7/05	216	183.5	32.5	15.00%	3 Weeks
short
(s) TZOO	1/19/05	78	43.81	34.19	43.83%	9 Weeks
(s) TIBX	1/11/05	12	6,92	5.08	42.33%	7 Weeks
(s) EBAY	1/22/05	56.5	35	21.50	38.05%	9 Weeks
(s) TASR	2/6/05	17	11.21	5.79	34.05%	6 Weeks
(s) OSTK	1/25/05	54	41.5	12.50	23.14%	8 Weeks
(s) GRMN	3/11/05	49.5	43.53	5.97	12.10%	2 Weeks
				Avg.	28.80%
				(Non-Weighted)

Q4 2004 Oct - Dec

These are Dan's top picks for the quarter (Q4, 2004)

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
JOBS	10/6/04	27.42	55.55	28.13	102.58%	8 WEEKS
DRIV	10/27/04	36.35	44.51	8.16	22.44%	5 WEEKS
ANTP	12/26/04	29	53.96	24.96	86.06%	4 DAYS
FFIV	10/20/04	33.5	49.79	16.29	48.62%	9 WEEKS
VRSN	10/26/04	26.3	36.09	9.79	37.22%	7 WEEKS
TASR	10/12/04	19.75	33.45	13.7	69.36%	10 WEEKS
GOOG	10/5/04	138.37	201.6	63.23	45.69%	3 WEEKS
RIMM	10/5/04	77.5	103.56	26.06	33.62%	9 WEEKS
TOPT	10/5/04	17.4	24.14	6.74	38.73%	7 WEEKS
VLO	10/5/04	41.85	47.82	5.97	14.26%	7 WEEKS
PKZ	10/5/04	36.79	42.62	5.83	15.84%	7 WEEKS
VLCCF	10/5/04	34.06	39.25	5.19	15.23%	8 WEEKS
INSP	10/5/04	50.25	57.92	7.67	15.26%	6 WEEKS
CME	10/3/04	165.7	229.05	63.35	38.23%	12 WEEKS
KMRT	10/3/04	90.4	119.69	29.29	32.40%	7 WEEKS
EBAY	10/5/04	96.6	118.38	21.78	22.54%	8 WEEKS
CAAS	10/18/04	12.1	18.09	5.99	49.50%	6 WEEKS
MTEX	10/11/04	19.75	23.99	4.24	21.46%	7 WEEKS
ASKJ	10/3/04	34	39	5	14.70%	3 WEEKS
				Avg.	38.09%
				(Non-Weighted)

Q3 2004 Jul - Sept

These are Dan's top picks for the quarter (Q3, 2004)

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
AMZN	8/18/04	40	44.28	4.28	10.70%	4 weeks
PLMO	7/12/04	35.6	41.93	6.33	17.78%	16 days
QCOM	7/20/04	35	41.17	6.17	17.62%	10 weeks
PHM	8/15/04	57.75	64.07	6.32	10.93%	5 weeks
RYL	8/8/04	34	47.3	13.3	39.11%	6 weeks
MBT	8/24/04	127.5	149.75	22.25	17.45%	14 days
KMRT	8/24/04	80	90.2	10.2	12.75%	17 days
TASR	7/13/04	20.35	12.53	7.82	38.42%	9 days
CME	8/18/04	138	162	24	17.39%	6 weeks
CLF	8/18/04	68	81.37	13.37	19.66%	6 weeks
YHOO	7/18/04	29	25.52	3.48	12.00%	16 days
YHOO	8/22/04	29	34.49	5.49	18.93%	5 weeks
NFLX	7/13/04	31	13.85	17.15	55.32%	6 weeks
IMCL	7/6/04	83	48.75	34.25	41.26%	5 weeks
CCMP	8/17/04	31.5	39.39	7.89	25.04%	4 weeks
COH	8/3/04	40.11	35.98	4.13	10.29%	4 days
NTMD	9/12/04	21	25.78	4.78	22.76%	10 days
BRCM	7/15/04	43.15	25.25	17.9	41.48%	8 weeks
DNA	7/6/04	54	43	11	20.37%	6 weeks
RHAT	8/6/04	15	11.86	3.14	20.93%	3 weeks
				Avg.	23.51%
				(Non-Weighted)

Q2 2004 Apr - Jun

These are Dan's top picks for the quarter (Q2, 2004)

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
EBAY	4/6	74.5	94.13	19.63	26%	11 weeks
PHRM	5/18	28.5	53.63	25.13	88%	6 weeks
RIMM	4/21	51	72.07	21.07	41%	9 weeks
KMRT	5/23	50.25	76.74	26.49	53%	5 weeks
PHM	5/23	48.4	56.5	8.1	17%	24 days
PLMO	5/23	22	35.11	13.11	60%	5 weeks
OSTK	4/7	32.5	42.2	9.7	30%	15 days
YHOO	4/18	28.25	36.27	8.02	28%	10 weeks
TASR	4/4	33	64.15	31.15	94%	11 days
MO	4/13	(S) 55	44.75	10.25	23%	5 weeks
NVTL	4/1	21.2	28.6	7.4	35%	8 days
AAPL	4/12	28.5	32.99	4.49	16%	11 weeks
				Avg.	43.00%
				(Non-Weighted)

Q1 2004 Jan - Mar

These are Dan's top picks for the quarter (Q1, 2004)

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
RIMM	1/4/04	70	101.65	31.65	45.21%	9 weeks
SINA	1/4/04	38.2	49.5	11.3	29.58%	17 days
NFLX	1/16/04	61	79.54	18.54	30.39%	6 weeks
NTES	1/25/04	42.85	58.49	15.64	36.49%	9 weeks
PHM	2/8/04	46	58.15	12.15	26.41%	4 weeks
RYL	3/22/00	82.2	93.47	11.27	13.71%	3 days
TASR	1/25/04	39.17	87.54	48.37	123.48%	5 weeks
SLAB	1/4/04	45.41	59.9	14.49	31.90%	6 weeks
SSRI	1/4/04	12.65	17.37	4.72	37.31%	10 weeks
QCOM	1/5/04	54.75	65.28	10.53	19.23%	11 weeks
SID	1/5/04	60.61	72.75	12.14	20.02%	9 weeks
NANO	1/6/04	16.65	23.5	6.85	41.14%	12 days
SEPR	2/25/04	29.53	49.57	20.04	67.86%	8 days
SOHU	1/4/04	33	40.15	7.15	21.66%	17 days
HOV	2/5/04	36.25	46.3	10.05	27.72%	4 weeks
TOL	2/5/04	39.36	48.3	8.94	22.71%	4 weeks
PD	2/5/04	73.07	90.52	17.45	23.88%	4 weeks
DHI	2/8/04	30	36.5	6.5	21.66%	7 weeks
INSP	2/8/04	33.86	40.87	7.01	20.70%	7 weeks
XING	1/14/04	13.18	15.95	2.77	21.01%	5 days
ALTI	1/12/04	3.82	4.4	0.58	15.18%	13 days
NVEC	1/11/04	55.9	69.69	13.79	24.67%	7 days
ERES	1/11/04	31.11	37.4	6.29	20.21%	7 days
APPX	1/11/04	34.4	49.19	14.79	43.00%	12 weeks
				Avg.	32.71%
				(Non-Weighted)

Alphabetical list (by stock symbol)

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
ADAP	03/03/2000	$ 130.00	$ 209.00	$ 79.00	61%	5 days
AFFX	12/12/1999	$ 112.00	$ 329.00	$ 217.00	194%	3 Months
AMZN	03/12/2003	$ 23.36	$ 61.15	$ 37.79	162%	7 months
AMZN	05/11/1998	$ 16.67	$ 221.00	$ 204.33	1,226%	11 months
AOL	12/13/1999	$ 41.00	$ 175.00	$ 134.00	327%	4 months
ARBA	02/07/2000	$ 196.00	$ 366.00	$ 170.00	87%	2 months
ASKJ	10/20/1999	$ 67.00	$ 190.00	$ 123.00	184%	3 weeks
ASKJ	03/26/2003	$ 7.40	$ 22.75	$ 15.35	208%	24 weeks
ATHM	02/21/1999	$ 50.00	$ 99.00	$ 49.00	98%	2 months
BGEN	09/13/1998	$ 31.00	$ 76.00	$ 45.00	146%	10 months
BRCD	02/07/2000	$ 182.00	$ 352.00	$ 170.00	94%	2 months
BRCD	10/09/2001	$ 19.00	$ 40.00	$ 21.00	111%	8 weeks
BRCD	10/03/2001	$ 17.00	$ 40.00	$ 23.00	136%	10 weeks
BRCM	09/20/1998	$ 37.50	$ 149.00	$ 111.50	298%	10 months
BRCM	10/16/2001	$ 33.00	$ 52.00	$ 19.00	58%	8 weeks
BVSN	08/10/1999	$ 25.00	$ 279.00	$ 254.00	1,016%	7 months
CCMP	08/14/2002	$ 43.40	$ 63.94	$ 20.54	48%	14 weeks
CCMP	10/10/2001	$ 52.00	$ 82.00	$ 30.00	58%	10 weeks
CEPH	10/01/2002	$ 43.00	$ 59.20	$ 16.20	38%	7 weeks
CEPH	10/10/2001	$ 58.00	$ 77.00	$ 19.00	33%	8 weeks
CMGI	10/27/1998	$ 16.00	$ 165.00	$ 149.00	932%	6 months
CMRC	02/15/2000	$ 161.00	$ 275.00	$ 114.00	71%	1 month
CNET	02/22/1999	$ 30.50	$ 79.00	$ 48.50	160%	2 months
CREE	11/04/2001	$ 20.00	$ 31.00	$ 11.00	56%	8 weeks
CTIC	02/25/2003	$ 6.67	$ 15.70	$ 9.03	136%	18 weeks
CYMI	08/21/2002	$ 30.25	$ 38.91	$ 8.66	29%	14 weeks
DCLK	06/28/1998	$ 23.00	$ 176.00	$ 153.00	666%	10 months
DIGE	04/16/2003	$ 20.00	$ 49.45	$ 29.45	148%	5 months
DISH	06/02/1999	$ 29.00	$ 138.00	$ 109.00	376%	9 months
EBAY	12/13/1998	$ 64.00	$ 234.00	$ 170.00	266%	5 months
EBAY	08/13/1999	$ 95.00	$ 205.00	$ 110.00	116%	7 months
EMLX	10/03/2001	$ 11.00	$ 42.00	$ 31.00	282%	12 weeks
EMLX	08/15/1999	$ 26.00	$ 224.00	$ 198.00	762%	7 months
EVOL	07/20/2003	$ 5.85	$ 16.93	$ 11.08	190%	19 weeks
EXDS	03/04/1999	$ 10.00	$ 175.00	$ 165.00	1,650%	12 months
EXTR	10/03/2001	$ 8.00	$ 19.00	$ 11.00	138%	1 weeks
FDRY	04/11/2003	$ 9.21	$ 27.15	$ 17.94	195%	7 months
FDRY	01/05/1999	$ 75.00	$ 212.00	$ 137.00	183%	6 months
GNET	01/07/1999	$ 14.00	$ 99.00	$ 85.00	608%	5 months
GNSS	10/03/2001	$ 32.00	$ 70.00	$ 38.00	119%	12 weeks
HGSI	07/30/1999	$ 26.00	$ 232.00	$ 206.00	793%	7 months
IBM	08/14/2002	$ 74.60	$ 89.46	$ 14.86	20%	13 weeks
ICGE	10/20/1999	$ 54.00	$ 212.00	$ 158.00	293%	2 months
ICOS	08/06/2002	$ 24.50	$ 32.72	$ 8.22	34%	4 months
IIJIE	07/01/2003	$ 5.40	$ 14.10	$ 8.70	162%	7 days
INFY	08/11/1999	$ 44.00	$ 375.00	$ 331.00	753%	7 months
INKT	07/05/1998	$ 24.00	$ 159.00	$ 135.00	563%	9 months
JCOM	03/24/2003	$ 29.00	$ 76.60	$ 47.60	165%	21 weeks
JDSU	10/04/1999	$ 30.00	$ 153.00	$ 123.00	410%	4.5 months
JNPR	01/18/2000	$ 118.00	$ 301.00	$ 183.00	156%	2 months
JNPR	10/07/2001	$ 15.00	$ 27.00	$ 12.00	80%	3 weeks
KLAC	10/08/2001	$ 36.00	$ 57.00	$ 21.00	59%	8 weeks
LAVA	12/02/2001	$ 23.00	$ 30.00	$ 7.00	31%	4 weeks
MRVL	10/29/2001	$ 23.00	$ 38.00	$ 15.00	66%	6 weeks
NETE	03/16/1999	$ 7.00	$ 93.00	$ 86.00	1,229%	12 months
NFLX	02/17/2003	$ 14.24	$ 61.00	$ 46.76	329%	8 months
NITE	03/03/1999	$ 20.00	$ 81.00	$ 61.00	305%	3 months
NTAP	10/31/2001	$ 14.00	$ 24.00	$ 10.00	72%	6 weeks
NTES	02/13/2003	$ 13.00	$ 72.00	$ 59.00	454%	7 months
NVDA	10/15/2001	$ 40.00	$ 70.00	$ 30.00	75%	12 weeks
NXTL	10/20/2002	$ 8.65	$ 14.67	$ 6.02	70%	1 month
OVTI	02/25/2003	$ 18.00	$ 62.19	$ 44.19	246%	8 months
PCNTF	03/26/2003	$ 5.19	$ 14.99	$ 9.80	189%	14 weeks
PHCM	03/10/2000	$ 156.00	$ 208.00	$ 52.00	34%	2 days
PSFT	10/07/2001	$ 26.00	$ 42.00	$ 16.00	62%	10 weeks
PWAV	02/10/2000	$ 102.00	$ 205.00	$ 103.00	101%	5 weeks
QCOM	06/12/2002	$ 33.00	$ 42.89	$ 9.89	30%	6 months
QCOM	06/09/1999	$ 30.00	$ 200.00	$ 170.00	567%	6.5 months
QLCM	10/08/2001	$ 41.50	$ 62.00	$ 20.50	50%	5 weeks
QLGC	10/07/2001	$ 28.00	$ 56.00	$ 28.00	100%	8 weeks
QLGC	07/19/1998	$ 13.00	$ 85.00	$ 72.00	554%	12 months
RBAK	08/10/1999	$ 87.00	$ 352.00	$ 265.00	305%	7 months
RNWK	01/26/1999	$ 33.00	$ 131.00	$ 98.00	297%	3 months
RYL	03/11/2003	$ 38.20	$ 103.90	$ 65.70	172%	8 months
SDLI	08/22/1999	$ 72.00	$ 489.00	$ 417.00	580%	7 months
SEAC	10/16/2001	$ 22.00	$ 38.00	$ 16.00	73%	8 weeks
SEBL	10/02/2001	$ 15.00	$ 31.00	$ 16.00	107%	10 weeks
SEEK	06/28/1998	$ 36.00	$ 100.00	$ 64.00	178%	6 months
SEPR	09/27/1998	$ 70.00	$ 140.00	$ 70.00	100%	6 months
SEPR	04/01/2003	$ 14.50	$ 32.64	$ 18.14	126%	5 months
SINA	02/11/2003	$ 7.00	$ 45.51	$ 38.51	551%	7 months
SNDK	04/30/2003	$ 24.19	$ 86.30	$ 62.11	257%	6 months
SOHU	02/11/2003	$ 8.39	$ 43.40	$ 35.01	418%	5 months
SSTI	10/14/2001	$ 9.00	$ 14.00	$ 5.00	56%	8 weeks
TIBX	02/09/2000	$ 60.00	$ 147.00	$ 87.00	145%	1 month
TQNT	05/16/1999	$ 11.00	$ 135.00	$ 124.00	1,128%	9 months
UBID	12/16/1999	$ 38.00	$ 189.00	$ 151.00	398%	5 days
UNTD	04/02/2003	$ 12.86	$ 29.09	$ 16.23	127%	5 months
VDAT	04/04/1999	$ 16.00	$ 46.00	$ 30.00	188%	7 days
VERT	10/22/1999	$ 61.00	$ 296.00	$ 235.00	386%	4.5 months
VISX	05/11/1998	$ 10.50	$ 103.00	$ 92.50	881%	14 months
VRTS	10/08/2001	$ 26.25	$ 47.00	$ 20.75	80%	11 weeks
XMSR	11/27/2001	$ 11.50	$ 20.00	$ 8.50	74%	4 weeks
XMSR	04/16/2003	$ 6.50	$ 23.99	$ 17.49	270%	7 months
YHOO	05/11/1998	$ 15.00	$ 250.00	$ 235.00	1,567%	22 months
YHOO	02/10/2003	$ 17.92	$ 44.77	$ 26.85	150%	8 months

2003

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
AMZN	03/12/2003	$ 23.36	$ 61.15	$ 37.79	162%	7 months
ASKJ	03/26/2003	$ 7.40	$ 22.75	$ 15.35	208%	24 weeks
CTIC	02/25/2003	$ 6.67	$ 15.70	$ 9.03	136%	18 weeks
DIGE	04/16/2003	$ 20.00	$ 49.45	$ 29.45	148%	5 months
EVOL	07/20/2003	$ 5.85	$ 16.93	$ 11.08	190%	19 weeks
FDRY	04/11/2003	$ 9.21	$ 27.15	$ 17.94	195%	7 months
IIJIE	07/01/2003	$ 5.40	$ 14.10	$ 8.70	162%	7 days
JCOM	03/24/2003	$ 29.00	$ 76.60	$ 47.60	165%	21 weeks
NFLX	02/17/2003	$ 14.24	$ 61.00	$ 46.76	329%	8 months
NTES	02/13/2003	$ 13.00	$ 72.00	$ 59.00	454%	7 months
OVTI	02/25/2003	$ 18.00	$ 62.19	$ 44.19	246%	8 months
PCNTF	03/26/2003	$ 5.19	$ 14.99	$ 9.80	189%	14 weeks
RYL	03/11/2003	$ 38.20	$ 103.90	$ 65.70	172%	8 months
SEPR	04/01/2003	$ 14.50	$ 32.64	$ 18.14	126%	5 months
SINA	02/11/2003	$ 7.00	$ 45.51	$ 38.51	551%	7 months
SNDK	04/30/2003	$ 24.19	$ 86.30	$ 62.11	257%	6 months
SOHU	02/11/2003	$ 8.39	$ 43.40	$ 35.01	418%	5 months
UNTD	04/02/2003	$ 12.86	$ 29.09	$ 16.23	127%	5 months
XMSR	04/16/2003	$ 6.50	$ 23.99	$ 17.49	270%	7 months
YHOO	02/10/2003	$ 17.92	$ 44.77	$ 26.85	150%	8 months

2002

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
CCMP	08/14/2002	$ 43.40	$ 63.94	$ 20.54	48%	14 weeks
CEPH	10/01/2002	$ 43.00	$ 59.20	$ 16.20	38%	7 weeks
CYMI	08/21/2002	$ 30.25	$ 38.91	$ 8.66	29%	14 weeks
IBM	08/14/2002	$ 74.60	$ 89.46	$ 14.86	20%	13 weeks
ICOS	08/06/2002	$ 24.50	$ 32.72	$ 8.22	34%	4 months
NXTL	10/20/2002	$ 8.65	$ 14.67	$ 6.02	70%	1 month
QCOM	06/12/2002	$ 33.00	$ 42.89	$ 9.89	30%	6 months

2001

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
BRCD	10/09/2001	$ 19.00	$ 40.00	$ 21.00	111%	8 weeks
BRCD	10/03/2001	$ 17.00	$ 40.00	$ 23.00	136%	10 weeks
BRCM	10/16/2001	$ 33.00	$ 52.00	$ 19.00	58%	8 weeks
CCMP	10/10/2001	$ 52.00	$ 82.00	$ 30.00	58%	10 weeks
CEPH	10/10/2001	$ 58.00	$ 77.00	$ 19.00	33%	8 weeks
CREE	11/04/2001	$ 20.00	$ 31.00	$ 11.00	56%	8 weeks
EMLX	10/03/2001	$ 11.00	$ 42.00	$ 31.00	282%	12 weeks
EXTR	10/03/2001	$ 8.00	$ 19.00	$ 11.00	138%	1 weeks
GNSS	10/03/2001	$ 32.00	$ 70.00	$ 38.00	119%	12 weeks
JNPR	10/07/2001	$ 15.00	$ 27.00	$ 12.00	80%	3 weeks
KLAC	10/08/2001	$ 36.00	$ 57.00	$ 21.00	59%	8 weeks
LAVA	12/02/2001	$ 23.00	$ 30.00	$ 7.00	31%	4 weeks
MRVL	10/29/2001	$ 23.00	$ 38.00	$ 15.00	66%	6 weeks
NTAP	10/31/2001	$ 14.00	$ 24.00	$ 10.00	72%	6 weeks
NVDA	10/15/2001	$ 40.00	$ 70.00	$ 30.00	75%	12 weeks
PSFT	10/07/2001	$ 26.00	$ 42.00	$ 16.00	62%	10 weeks
QLCM	10/08/2001	$ 41.50	$ 62.00	$ 20.50	50%	5 weeks
QLGC	10/07/2001	$ 28.00	$ 56.00	$ 28.00	100%	8 weeks
SEAC	10/16/2001	$ 22.00	$ 38.00	$ 16.00	73%	8 weeks
SEBL	10/02/2001	$ 15.00	$ 31.00	$ 16.00	107%	10 weeks
SSTI	10/14/2001	$ 9.00	$ 14.00	$ 5.00	56%	8 weeks
VRTS	10/08/2001	$ 26.25	$ 47.00	$ 20.75	80%	11 weeks
XMSR	11/27/2001	$ 11.50	$ 20.00	$ 8.50	74%	4 weeks

2000

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
ADAP	03/03/2000	$ 130.00	$ 209.00	$ 79.00	61%	5 days
ARBA	02/07/2000	$ 196.00	$ 366.00	$ 170.00	87%	2 months
BRCD	02/07/2000	$ 182.00	$ 352.00	$ 170.00	94%	2 months
CMRC	02/15/2000	$ 161.00	$ 275.00	$ 114.00	71%	1 month
JNPR	01/18/2000	$ 118.00	$ 301.00	$ 183.00	156%	2 months
PHCM	03/10/2000	$ 156.00	$ 208.00	$ 52.00	34%	2 days
PWAV	02/10/2000	$ 102.00	$ 205.00	$ 103.00	101%	5 weeks
TIBX	02/09/2000	$ 60.00	$ 147.00	$ 87.00	145%	1 month

1999

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
AFFX	12/12/1999	$ 112.00	$ 329.00	$ 217.00	194%	3 Months
AOL	12/13/1999	$ 41.00	$ 175.00	$ 134.00	327%	4 months
ASKJ	10/20/1999	$ 67.00	$ 190.00	$ 123.00	184%	3 weeks
ATHM	02/21/1999	$ 50.00	$ 99.00	$ 49.00	98%	2 months
BVSN	08/10/1999	$ 25.00	$ 279.00	$ 254.00	1,016%	7 months
CNET	02/22/1999	$ 30.50	$ 79.00	$ 48.50	160%	2 months
DISH	06/02/1999	$ 29.00	$ 138.00	$ 109.00	376%	9 months
EBAY	08/13/1999	$ 95.00	$ 205.00	$ 110.00	116%	7 months
EMLX	08/15/1999	$ 26.00	$ 224.00	$ 198.00	762%	7 months
EXDS	03/04/1999	$ 10.00	$ 175.00	$ 165.00	1,650%	12 months
FDRY	01/05/1999	$ 75.00	$ 212.00	$ 137.00	183%	6 months
GNET	01/07/1999	$ 14.00	$ 99.00	$ 85.00	608%	5 months
HGSI	07/30/1999	$ 26.00	$ 232.00	$ 206.00	793%	7 months
ICGE	10/20/1999	$ 54.00	$ 212.00	$ 158.00	293%	2 months
INFY	08/11/1999	$ 44.00	$ 375.00	$ 331.00	753%	7 months
JDSU	10/04/1999	$ 30.00	$ 153.00	$ 123.00	410%	4.5 months
NETE	03/16/1999	$ 7.00	$ 93.00	$ 86.00	1,229%	12 months
NITE	03/03/1999	$ 20.00	$ 81.00	$ 61.00	305%	3 months
QCOM	06/09/1999	$ 30.00	$ 200.00	$ 170.00	567%	6.5 months
RBAK	08/10/1999	$ 87.00	$ 352.00	$ 265.00	305%	7 months
RNWK	01/26/1999	$ 33.00	$ 131.00	$ 98.00	297%	3 months
SDLI	08/22/1999	$ 72.00	$ 489.00	$ 417.00	580%	7 months
TQNT	05/16/1999	$ 11.00	$ 135.00	$ 124.00	1,128%	9 months
UBID	12/16/1999	$ 38.00	$ 189.00	$ 151.00	398%	5 days
VDAT	04/04/1999	$ 16.00	$ 46.00	$ 30.00	188%	7 days
VERT	10/22/1999	$ 61.00	$ 296.00	$ 235.00	386%	4.5 months

1998

SYMBOL	DATE OF RECOMMENDATION	BUY POINT	TRADE HIGH	TOTAL MOVE	PERCENTAGE GAIN	DURATION
AMZN	05/11/1998	$ 16.67	$ 221.00	$ 204.33	1,226%	11 months
BGEN	09/13/1998	$ 31.00	$ 76.00	$ 45.00	146%	10 months
BRCM	09/20/1998	$ 37.50	$ 149.00	$ 111.50	298%	10 months
CMGI	10/27/1998	$ 16.00	$ 165.00	$ 149.00	932%	6 months
DCLK	06/28/1998	$ 23.00	$ 176.00	$ 153.00	666%	10 months
EBAY	12/13/1998	$ 64.00	$ 234.00	$ 170.00	266%	5 months
INKT	07/05/1998	$ 24.00	$ 159.00	$ 135.00	563%	9 months
QLGC	07/19/1998	$ 13.00	$ 85.00	$ 72.00	554%	12 months
SEEK	06/28/1998	$ 36.00	$ 100.00	$ 64.00	178%	6 months
SEPR	09/27/1998	$ 70.00	$ 140.00	$ 70.00	100%	6 months
VISX	05/11/1998	$ 10.50	$ 103.00	$ 92.50	881%	14 months
YHOO	05/11/1998	$ 15.00	$ 250.00	$ 235.00	1,567%	22 months

Ed Seykota

Card Essentials

Ride Your Winners
Cut Your Losses
Manage Your Risks
Use Stops
Stick to The System
File the News

Whipsaw Song:

You get a whip and I get a saw, honey
E7
You get a whip and I get a saw, babe
A A7
You get a whip and I get a saw
D7
One good trend pays for ‘em all.
A E7 A
Honey, trader, ba-by mine.
Banjo (Ride Your Winners):
What do we do when we catch a trend, honey … etc.
We ride that trend right to the end.
Mandolin (Cut Your Losses):
What do we do when we show a loss, honey … etc.
We give that dag-gone loss a toss.
Fiddle (Manage Your Risk):
How do we know when our risk is right, honey … etc.
We make a lot of money and we sleep at night.
Guitar (Use Stops):
What do we do when the price breaks through, honey … etc.
Our stops are in so there’s nothing to do.
Bass (Stick to the System):
What do we do when a draw down comes, honey
What do we do when it gets real big, babe
What do we do when it’s even bigger …
We stick to the plan and pull the trigger.
Banjo (File the News):
What do we do with a hot news flash, honey … etc.
We stash that flash right in the trash

Trading Rules

Basic Steps of start buying a stock

• Assess the condition of the market, sector and the stock in consideration. The idea behind is to make sure that "all the ducks are lined up".
• Opportunity lost is better than capital lost. If an opportunity is missed, forget it and focus on the next one. 
• Don't expect pick the bottom when you buy and top when you sell. Instead, you should be happy that you captured a good move.
• Check the bullish sentiment for the intermediate term (months) and short term (weeks and days), for the market, the sector and the stock. One way of accomplishing this is to observe what the market has been doing in the past week or so.

• Trading pre-market or AH should be forbidden unless you have a good contrarian view that justifies it. For example, a stock's move was subdued due to a recent market weakness where buyers are timid. Regardless, the size should be small. 
• The key in getting involved in the market is to make sure you are on the right side of the market. If you want to buy, the stock should exhibit bullish trend (trend is your friend). For the short term, check the intra-day chart (I use 10 minute chart) to make sure the up legs are longer both in the vertical and horizontal axis. Short and sharp legs should not be trusted, because they tend to be short-term reactionary moves that do not last. 
• Entry and Exit points. Entry point should set based on short-term intra-day chart. There are two ways to set the entry point. One is look for a breakout from a base. The other is to look for the pivot point where the down legs ends and up leg begins. Exit point should be set such that if the stock goes there, it would prove that the bullish pattern no longer holds. Therefore, exit. Once in a stock, the exit point should be set based on the longer term chart (15d-80d MACD) or other patterns such as "head-and-shoulder", etc. 
• Size  Getting into a stock should be a gradual process. Initial transaction should be a small one. Don't add to it until it is profitable. This method helps to get started on the right foot. It has a build-in mechanism of weeding out the potential erroneous trades. If it does not work, exit. 

Do's

• One basic trading idea is always to look for the market confirmation for an investment thesis. If the market does not buy your idea, it won't work or it is too early. 
• Scaling in and out. When getting into a stock, there is a natural urge to get in because you probably like the idea so much so that you are dying to get in. Scaling serves a few purpose. One is to test the market to see if it behaves favorably. It also satisfy your natural urge, so the psychological tension is relieved. It allows the manager to tread water lightly, not getting in too heavy too early. If it does not work, he can get out quickly without too much financial and psychological cost. 
• Scaling out is also a good way of handling a situation where a change of thesis may not be confirmed by the market. 

Don't Do's

• Check your mood, heart beat before any trade. 
• Don't over-estimate yourself and under-estimate your opponent, the market! 
• If you trade too much, there may be something wrong with your method. Good trades don't occur every day. 
• If ideas of your trade are too conventional (Buy on good earnings, loss cutting at the "support", etc.), QUESTION its effectiveness because the crowd are doing the same thing! Figure out a way of avoiding them. 
• Generally, buy a stock with good fundamentals (growth - good, acceleration - better) and the stock is making higher highs and higher lows. Usually the stock should be above 80 day SMA. Sell/Short a stock with poor fundamentals (products are getting obsolete) and the stock is making lower highs and lower lows. Usually, the stock should trade below 50day SMA.
• Don't buy or sell for exposure adjustments (longer or shorter). Do it for a good reason! 
• Don't trade near a cliff: The stock, which dropped off a cliff recently, tends to be volatile. 
• Clean slate: If a trade does not work as planned, exit entirely, or half, or quarter your way out. Keep in mind that even the best traders only get right about 62% of the time (according to SAC).
• When you are cold, don't trade. If must, paper-trade. If really have to, trade really small until your result warrants it.
• Don't assume the stock or market maintain its current momentum. Sometimes, it exhibits momentum, other times, it oscillates or mean-reverts.
• Don't buy or sell a stock based on news regarding its competitors. 
• Buy or sell in extended hours. 
• Try not to do it! 
• Buy on an earnings' gap up: make sure 1) Be careful! 2) The "beat and raise" needs to be significant and surprising, 3) the gap-up needs to be significant (8%+), 4) Stock is a large cap leader, 5) Don't commit to a full position, until the company had its CC (Conference Call), and make sure it is well-received. 6) Don't trade immediately after the news headline, but wait a breakout after the stock finishes its initial oscillation on a minutes intra-day chart. 
• Sell on an earnings' miss: 1) Be decisive, 2) Sell if the earnings' report is disappointing, don't hesitate!
• The strategy goes in streaks. Check the market streak and your own streaks before you trade.
• Study of the intro-day behavior of the stock you want to trade.
• Trade near the close of the trading day if no particular insight is known.
• Don't trade on a steep slope where stock is rallying or sliding, unless you can handle it. Don't get in turbulence unless you know how!
• Fix your mistakes and don't compound them!

• Any transactions (buy rules) only make sense under the right market conditions (market sentiment).
• Don't rush. If must, rush slowly. 
• Don't assume the market direction before the trade. Observe.  
• Don't trade in anticipation of the market direction, whether up or down, let market tell you!
• The factors that can influence the sentiment: price movements, news, sector/industry and company specific conditions. 
• If you want to trade during the day, it makes sense to trade around between 10-12am. The first half an hour should be avoided because there is so much retail flow, which does not tend to persist for the rest of the day. If done right, a stock, bought in between 10am - 12pm, can drift higher if the buying interest is persistent. 
• It is crucial to start trading on the right foot, meaning the position should show a profit on day 1! In other words, buying early during the day to play the "upward drift", you must be ready to exit if the drift disappears or turns negative. You can always get in at the close or the next day. You need to determine the intra-day exit points, where the drift turns. 
• Study of the behavior of the stock, especially from the chart. Think ahead of time how to handle such a beast before the "adoption".
• Check with CAN SSLIM system.
• Wait until at least 10:00am and after to assess the condition of that day.
• Exit points (short-term and long-term) (sell rules) must be in place before the trade! 
• Basic checkups
• Briefings
• Alpha
• MSN
• Chart Patterns
• look for the pocket pivot points: there was none, don't buy
• stock should trade above 15 SMA
• Industry
• Ownership
• Study the past, current and future Catalysts
• Proper entry where the supply and demand break the balance. 
• Sharp imbalance caused by surprises (earnings?)
• Determine the ultimate size of the position and a detailed plan for execution.
• Observe what worked in the market recently!
• Observe your own trading: what worked and what did not recently!
• Pause and think:
• You don't have to do this trade. No trade is a must!
• There is usually a dominant reason that you want to trade. Check other potential factors that can affect the outcome.
• Figure out the duration of the position. Is it long term and how long? Is it short-term and how short?
• Fundamentals of the position. Is time your friend or foe?  
• Don't fight or even argue with the tape!
• Don't pick up a fight with big boys who can crush you with their large ammunition. 

Trading on Break-Out Pattern (BO)

The underlying reason of buying based on BO pattern is that it indicates a pivot point of buying imbalance. Typically, when a stock fluctuates in a range bound for a period (months/years/weeks/days), and one day, it suddenly breaks out of this range with heavy volume. A BO pattern trader would buy the stock either during the day (the chances are that the stock was already trading above average volume) or at the end of the close or buy it after a short-term confirmation of the new trend. The problem is that a one-day move may not be caused by a "buying imbalance" by persistent buyers because a stock can move for so many different reasons. Rumors, news, mis-information, short covering, and the market can move a stock, creating a same pattern. A portion of "false" BO should be expected. A heavily shorted stock should have a higher percentage of "false" break-outs. Usually, a BO pattern caused news (other than earnings or product related) or an upgrade by an analyst has a high failure rate.

This phenomenon was observed and successfully applied by many famous traders. My own observations also seemed to confirm its effectiveness. The reality is a lot more complicated. Ultimately, the price behavior of a stock reflects the collective action of its participants. The behavior and expectation of the participants of a speculative bio-tech stock should differ from a maturing dividend paying blue chip stock. One should be careful in applying the same trading rules in all situations. My experience tells me that a very simple trading rule usually does not work, or does not work all the time. 

Intra-day Pattern

To succeed in the stock market

What does it take to succeed in the stock market

1. Understanding the fundamentals
2. Understanding your own psyche
3. Understanding the market psyche

Dan Zanger

1. Make sure the stock has a well formed base or pattern such as one described on this web site and can be found on the tab "Understanding Chart Patterns" on the home page, before considering purchase. Dan highlights stocks with these patterns in his newsletter.

2. Buy the stock as it moves over the trend line of that base or pattern and make sure that volume is above recent trend shortly after this "breakout" occurs. Never pay up by more than 5% above the trend line. You should also get to know your stock's thirty day moving average volume, which you can find on most stock quote pages such as eSignal's quote page.

3. Be very quick to sell your stock should it return back under the trend line or breakout point. Usually stops should be set about $1 below the breakout point. The more expensive the stock, the more leeway you can give it, but never have more than a $2 stop loss. Some people employ a 5% stop loss rule. This may mean selling a stock that just tried to breakout and fails in 20 minutes or 3 hours from the time it just broke out above your purchase price.

4. Sell 20 to 30% of your position as the stock moves up 15 to 20% from its breakout point.

5. Hold your strongest stocks the longest and sell stocks that stop moving up or are acting sluggish quickly. Remember stocks are only good when they are moving up.

6. Identify and follow strong groups of stocks and try to keep your selections in these groups

7. After the market has moved for a substantial period of time, your stocks will become vulnerable to a sell off, which can happen so fast and hard you won't believe it. Learn to set new higher trend lines and learn reversal patterns to help your exit of stocks. Some of you may benefit from reading a book on Candlesticks or reading Encyclopedia of Chart Patterns, by Bulkowski. These books can be found on our RECOMMENDED READING page on the website.

8. Remember it takes volume to move stocks, so start getting to know your stock's volume behavior and then how it reacts to spikes in volume. You can see these spikes on any chart. Volume is the key to your stock's movement and success or failure.

9. Many stocks are mentioned in the newsletter with buy points. However just because it's mentioned with a buy point does not mean it's an outright buy when a buy point is touched. One must first see the action in the stock and combine it with its volume for the day at the time that buy point is hit and take keen notice of the overall market environment before considering purchases.

10. Never go on margin until you have mastered the market, charts and your emotions. Margin can wipe you out.

His interview:

http://www.chartpattern.com/media.html

 

 

 

 

 

 

Wedneday - 11/23/11

Market - Bears' attack has been non-stop in the past 6 trading days when Spx lost about 7%. For history, we know the market does not travel in a straight line, but a reversal seems very elusive indeed!

A Bullish Case for Piper Jaffray (PJC)

The financial stocks in the U.S. and Europe have been decimated for fearing a Lehman like domino effect due to a potential Greek default, and because of the concern about a world-wide double dip recession. Some of the stocks are trading near their 2009 lows, just before Tim Geithner explicitly guaranteed the top "too-big-to-fail" financial institutions. One such stock is Piper Jaffray (PJC), which closed at $18.3 on Sept. 22. The stock bounced off its low since and has been trading close to $19.

Relative to its competitors, Piper Jaffray is much smaller and therefore much easier to manage. It also has a much simpler business. Its investment banking, institutional brokerage and asset management services, represented 50%, 32% and 13% of the total revenue in 2010 respectively. It does not engage proprietary trading, which can be very risky as shown in the recent case involving a rogue trader who booked a $2.3 billion loss at UBS. Furthermore, it does not have a prime brokerage business serving hedge funds. The prime brokerage business is a margin and commission business. However, it can be risky because the prime broker may have to take ownership of a troubled client hedge fund whose loss exceeds its capital due to excessive risk-taking.

If one were to use the ratio of total tangible assets to its tangible book to measure leverage, Piper uses roughly a third of the leverage in comparison with its competitors. As shown in the enclosed table, the Piper's ratio is about 4 and over 12 for JPMorgan (JPM), Goldman Sachs (GS), Jefferies (JEF), Morgan Stanley (MS), Bank of America (BAC) and Citibank (C) respectively. It survived the financial crisis of 2008 without taking TARP. As a matter of fact, they only had an operational loss of $75 million in 2008. They could have been profitable, had they significantly cut the compensation cost of $249 million. Another plus for the company, in this environment, is that they have very limited exposure in Europe both in terms of revenue (less than than 4% of the total) and the long-lived assets (less than 0.1%).

Key Risks

• First of all, this is not the industry for the long term share holders because of the excessive risk-taking and compensation. Furthermore, the commission or spread based institutional brokerage business has been experiencing industry-wide decline. Owners of the stock should consider exiting as soon as the financial crises subside and industry recovers. 
• Any financial institution that relies on short-term funding are at the mercy of the market perception of its credit worthiness. PJC currently relies on Repos (65%), commercial paper (23%) and short-term bank loans (12%) for its $513 million financing needs. I think this is not a significant risk given the friendly Fed under Bernanke.
• The company may have indirect exposures to risky financial institutions or sovereign debt through derivative contracts. 
• PJC is too small to qualify for too-big-to-fail insurance that the Fed and Treasury implicitly provides. In other words, PJC may be allowed to bust while its larger competitors will be bailed out in a crisis. 

Conclusion

At the current price of $19 a share, PJC is trading at a 35% discount to its tangible book value of $29.25 and PE ratio of 15.4 (using their EPS of $1.23 in 2010). Although, PJC is not the cheapest in terms of the discount to its tangible book or PE, but it is by far simplest and the least risky relative to the major shops on Wall Street. As we learned from the last financial crisis, what killed a financial institution was its leverage and amount of risky assets (New Century, Countrywide, Bear Stearns, Lehman Brothers, WaMu, etc.) in the last crisis. In summary, I believe PJC is the most attractive brokerage stock to own and can potentially offer a great deal of upside once the financial turmoil subsides and confidence returns.