Dennis Gartman

Dennis Gartman's Trading Rules List

by OLIVIER on JUNE 28, 2009

Some food for thought for the weekend. Trading rules from great traders are always worth reading. If you spend some time to understand the concept behind each trading rule this will improve your trading skills and take you to the next level. Also check this video where Dennis Gartman talks about the concept of keeping it simple.

1. Never, under any circumstance add to a losing position…. ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin!

2. Trade like a mercenary guerrilla. We must fight on the winning side and be willing to change sides readily when one side has gained the upper hand.

3. Capital comes in two varieties: Mental and that which is in your pocket or account. Of the two types of capital, the mental is the more important and expensive of the two. Holding to losing positions costs measurable sums of actual capital, but it costs immeasurable sums of mental capital.

4. The objective is not to buy low and sell high, but to buy high and to sell higher. We can never know what price is “low.” Nor can we know what price is “high.” Always remember that sugar once fell from $1.25/lb to 2 cent/lb and seemed “cheap” many times along the way.

5. In bull markets we can only be long or neutral, and in bear markets we can only be short or neutral. That may seem self-evident; it is not, and it is a lesson learned too late by far too many.

6. “Markets can remain illogical longer than you or I can remain solvent,” according to our good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are enormously inefficient despite what the academics believe.

7. Sell markets that show the greatest weakness, and buy those that show the greatest strength. Metaphorically, when bearish, throw your rocks into the wettest paper sack, for they break most readily. In bull markets, we need to ride upon the strongest winds… they shall carry us higher than shall lesser ones.

8. Try to trade the first day of a gap, for gaps usually indicate violent new action. We have come to respect “gaps” in our nearly thirty years of watching markets; when they happen (especially in stocks) they are usually very important.

9. Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In “good times,” even errors are profitable; in “bad times” even the most well researched trades go awry. This is the nature of trading; accept it.

10. To trade successfully, think like a fundamentalist; trade like a technician. It is imperative that we understand the fundamentals driving a trade, but also that we understand the market’s technicals. When we do, then, and only then, can we or should we, trade.

11. Respect “outside reversals” after extended bull or bear runs. Reversal days on the charts signal the final exhaustion of the bullish or bearish forces that drove the market previously. Respect them, and respect even more “weekly” and “monthly,” reversals.

12. Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance.

13. Respect and embrace the very normal 50-62% retracements that take prices back to major trends. If a trade is missed, wait patiently for the market to retrace. Far more often than not, retracements happen… just as we are about to give up hope that they shall not.

14. An understanding of mass psychology is often more important than an understanding of economics. Markets are driven by human beings making human errors and also making super-human insights.

15. Establish initial positions on strength in bull markets and on weakness in bear markets. The first “addition” should also be added on strength as the market shows the trend to be working. Henceforth, subsequent additions are to be added on retracements.

16. Bear markets are more violent than are bull markets and so also are their retracements.

17. Be patient with winning trades; be enormously impatient with losing trades. Remember it is quite possible to make large sums trading/investing if we are “right” only 30% of the time, as long as our losses are small and our profits are large.

18. The market is the sum total of the wisdom … and the ignorance…of all of those who deal in it; and we dare not argue with the market’s wisdom. If we learn nothing more than this we’ve learned much indeed.

19. Do more of that which is working and less of that which is not: If a market is strong, buy more; if a market is weak, sell more. New highs are to be bought; new lows sold.

20. The hard trade is the right trade: If it is easy to sell, don’t; and if it is easy to buy, don’t. Do the trade that is hard to do and that which the crowd finds objectionable. Peter Steidlmayer taught us this twenty five years ago and it holds truer now than then.

21. There is never one cockroach! This is the “winning” new rule submitted by our friend, Tom Powell.

22. All rules are meant to be broken: The trick is knowing when… and how infrequently this rule may be invoked!

Option Price ATM

Call/Put (ATM) = Sigma * S/ sqrt(2*Pi)
                          = Sigma0 * Sqrt(t) * S/sqrt(2*Pi)
                          = 0.4*S*Sigma0*Sqrt(t)

C/S = 0.4*Sigma0*Sqrt(t)

3 Month ATM:

Call/Put = Sigma0 * S / 5 = 0.2 * Sigma0 * S

SPX Call/Put Option ATM with Sigma0 = 20%:

Call/Put = 0.04 * S

Steve Burns

3 Ms: Method, Mind and Management

Gamblers are impatient and constantly looking for action or next trade, Rich Traders are patient.

Poor traders gamble, rich traders trade like a business.

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