The Deen's ListTM
A service of Deen Capital Management, Inc. (www.deencapital.com)
Vol.4 #242 Friday, November 10, 2006

Please read carefully our disclaimers at the end of this newsletter.

  Weekly Status Report: Contents

Year-To-Date Performance
Market Commentary
Open Positions
Stocks Sold Over Past 13 Weeks
Subscription Information
Privacy Policy
Disclaimers
Contact Us

  Year-To-Date Performance

Year-To-Date as of November 10, 2006

Deen Capital+13.1%*
S&P 500+12.3%

* An average of managed accounts, net after commissions and fees. Individual account results may vary. See also www.deencapital.com/perform.htm. For information on managed accounts, see www.deencapital.com/mgdaccts.htm.

  Market Commentary

Market Stance: BULLISH (since November 8, 2006)

My technical indicators reversed course again last week, returning to an overall bullish stance. This leads me to conclude that my bearish call of just over a week ago was just plain wrong. This is a good old-fashioned rally, a rally that started in late July, and I no longer see any reason to call a market top at this time.

I still like my market indicators. They've been right often enough this year to earn their keep. They may be forgiven the occasional mistake, as long as it is quickly corrected.

My Three Primary Technical Indicators:

                                       Prior week             Now
                                       ----------           -------
NASDAQ Timing Model (Ver.10q):           BEARISH            BULLISH (1)
Last signal:  BULLISH on Nov 8, 2006

Performance of Recent Stock Picks:  -1.1 BEARISH       +6.4 BULLISH (2)

Market Internals:                    66% BEARISH        71% BEARISH (3)

Overall Rating:                          BEARISH            BULLISH

Stocks:Cash ratio (Ken's IRA):            26:74              26:74

(1) A proprietary computer model based on technical analysis of the NASDAQ Composite.

(2) This number (from -10 to +10) is based on the performance of ALL my stock picks (I actually buy only some of these). A positive number means my stock picks are generally rising; a negative number means they are generally falling. Even so, I consider a reading below +3.1 to be bearish. I require a reading of +5.6 or better to call this indicator bullish.

(3) This is the percentage of stocks ($8 and up) which are trading above their 50-day moving average. The rating of this percentage (bullish, bearish or neutral) is based on which way it's been moving recently -- up, down or sideways.

-KD, November 10, 2006

  Open Positions

Company Name Stock
Symbol
Buy
Date
NetBuy
Price*
Current
Price
Weeks
Held
Gain
(Loss)
Dolby LaboratoriesDLB11/10/06$26.70$26.410.0-1.1%
Emerson Electric Co.EMR11/08/06$87.17$87.560.3+0.4%
Republic Airways HoldingsRJET11/07/06$17.99$17.720.4-1.5%
Metretek Technologies, Inc.MEK11/07/06$14.58$16.000.4+9.7%
AMREP Corp.AXR11/07/06$68.47$70.850.4+3.5%
Comtech Group, Inc.COGO10/31/06$16.71$15.851.4-5.2%
Apple Computer, Inc.AAPL10/25/06$81.55$83.122.3+1.9%
Google Inc.GOOG10/20/06$456.24$473.553.0+3.8%
Research in MotionRIMM10/05/06$110.28$124.115.1+12.5%
Average1.5+2.7%

* Net buy prices shown are the total net purchase cost after commissions for all managed accounts divided by the total number of shares.

  Stocks Sold Over Past 13 Weeks

Company Name Stock
Symbol
Buy
Date
NetBuy
Price*
Sell
Date
NetSell
Price*
Weeks
Held
Gain
(Loss)
GigaMediaGIGM11/09/06$11.1911/09/06$10.090.0-9.8%
Buffalo Wild Wings, Inc.BWLD10/25/06$49.9911/03/06$50.881.3+1.8%
AZZ Inc.AZZ09/29/06$36.9311/02/06$34.734.9-5.9%
Oracle Corp.ORCL10/04/06$18.1611/02/06$18.204.1+0.3%
EZCORP, Inc.EZPW10/13/06$42.4711/02/06$41.742.9-1.7%
Illumina, Inc.ILMN10/18/06$43.5211/02/06$42.092.1-3.3%
Ultra Clean Holdings, Inc.UCTT10/24/06$12.9011/02/06$12.551.3-2.7%
Interactive Intelligence IncININ10/06/06$15.3411/01/06$16.563.7+8.0%
21st Century Holding Co.TCHC10/19/06$22.7211/01/06$26.681.9+17.4%
Skechers U.S.A., Inc.SKX10/26/06$30.6211/01/06$28.630.9-6.5%
NETGEAR, Inc.NTGR10/30/06$27.2311/01/06$26.200.3-3.8%
Rogers Corp.ROG10/10/06$69.6510/30/06$68.562.9-1.6%
Watson Wyatt & Co. HoldingsWW08/10/06$35.0310/27/06$44.6511.1+27.5%
Park Electrochemical Corp.PKE09/20/06$31.1810/27/06$30.915.3-0.9%
PeopleSupport, Inc.PSPT08/01/06$14.9410/20/06$18.8511.4+26.2%
Macrovision Corp.MVSN08/18/06$23.1410/20/06$26.119.0+12.8%
II-VI Inc.IIVI09/15/06$25.0310/19/06$24.444.9-2.3%
Copart, Inc.CPRT10/06/06$29.3310/19/06$28.491.9-2.9%
IDEXX Laboratories, Inc.IDXX07/28/06$86.5610/13/06$94.3311.0+9.0%
Wellcare GroupWCG08/03/06$51.7110/12/06$58.2910.0+12.7%
First Marblehead Corp.FMD09/15/06$60.2110/11/06$68.313.7+13.5%
Shire Pharma Group plcSHPGY10/09/06$57.2210/10/06$52.800.1-7.7%
Diodes Inc.DIOD09/14/06$43.9210/05/06$41.733.0-5.0%
Ultra Clean Holdings, Inc.UCTT09/20/06$11.0910/03/06$9.821.9-11.4%
Psychiatric Solutions, Inc.PSYS09/12/06$35.6010/02/06$33.362.9-6.3%
U.S. Global Investors, Inc.GROW09/07/06$27.8409/29/06$24.613.1-11.6%
Merix Corp.MERX09/21/06$13.8709/26/06$10.410.7-24.9%
ICON plcICLR07/26/06$62.5909/19/06$67.027.9+7.1%
FormFactor, Inc.FORM07/28/06$42.8709/19/06$46.187.6+7.7%
Integrated Device Tech, Inc.IDTI08/02/06$15.2909/15/06$15.946.3+4.3%
ValueClick, Inc.VCLK08/07/06$16.9909/15/06$17.455.6+2.7%
Internat'l Assets Holding CpIAAC09/13/06$23.1109/15/06$20.540.3-11.1%
Anixter International Inc.AXE07/25/06$50.6509/11/06$54.396.9+7.4%
Technitrol, Inc.TNL07/31/06$24.6609/11/06$27.056.0+9.7%
Encore Wire Corp.WIRE08/03/06$34.8509/11/06$34.565.6-0.8%
Nu Horizons Electronics CorpNUHC08/15/06$11.4609/11/06$11.943.9+4.2%
Digital River, Inc.DRIV08/16/06$47.1609/11/06$47.463.7+0.6%
Ansoft Corp.ANST08/28/06$24.3809/11/06$23.552.0-3.4%
The Exploration Co of DETXCO08/22/06$12.8808/29/06$11.861.0-7.9%
Allscripts Healthcare SltnMDRX08/02/06$21.8608/25/06$19.773.3-9.5%
Digene Corp.DIGE08/09/06$45.0608/23/06$42.482.0-5.7%
Core Laboratories N.V.CLB08/04/06$71.4008/14/06$66.701.4-6.6%
Average4.0+0.5%

* Net buy (sell) prices shown are the total net purchase cost (proceeds) after commissions for all managed accounts divided by the total number of shares. The Gain(Loss) is therefore net after commissions.

  Subscription Information

Welcome to The Deen's ListTM, an e-mail stock newsletter from Deen Capital Management, Inc.

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  Disclaimers

All stocks discussed in The Deen's ListTM involve a high degree of risk. It should not be assumed that any stock discussed in The Deen's ListTM or purchased by Deen Capital Management, Inc. will be profitable.

Past performance is not necessarily indicative of future results.

The information contained herein has been compiled from sources deemed to be reliable; however, we are not responsible for its accuracy or completeness.

  Contact Us

The Deen's List
PO Box 30925
Santa Barbara, CA 93130
(805) 682-1870
deenslist@deencapital.com

Copyright © 2006 Deen Capital Management, Inc.