The Deen's ListTM
A service of Deen Capital Management, Inc. (www.deencapital.com)
Vol.4 #261 Tuesday, December 12, 2006 4:03PM ET

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

Market Stance: BULLISH (since November 8, 2006)

  Contents

Year-To-Date Performance
Sold Apple Computer, Inc. (AAPL) +5.5% (after commissions)
Sold Allegheny Technologies Inc. (ATI) +1.1% (after commissions)
Sold Metretek Technologies, Inc. (MEK) -6.8% (after commissions)
Sold Zoll Medical Corp. (ZOLL) +5.1% (after commissions)
Open Positions
Subscription Information
Privacy Policy
Disclaimers
Contact Us

  Year-To-Date Performance

Year-To-Date as of December 11, 2006

Deen Capital+22.2%*
S&P 500+15.1%

* 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.

  Sold Apple Computer, Inc. (AAPL) +5.5% (after commissions)

Net sell price in managed accounts* $86.00
Date(s) bought Oct 25 2006
Net buy price in managed accounts* $81.55
Holding period 6.9 weeks
Gain/loss in managed accounts +5.5% (after commissions)

* The net buy (sell) price is the total net cost (proceeds) after commissions for all managed accounts divided by the total number of shares.

I am selling four stocks today because I am very close to turning bearish. My indicators are overall bearish, and now even my stock picks, the super performance of which has been my sole reason for remaining bullish lately, are having a bad day. It is prudent to lighten up as we are very heavily exposed to market risk right now.

-KD, December 12, 2006

  Sold Allegheny Technologies Inc. (ATI) +1.1% (after commissions)

Net sell price in managed accounts* $89.57
Date(s) bought Nov 30 2006
Net buy price in managed accounts* $88.64
Holding period 1.7 weeks
Gain/loss in managed accounts +1.1% (after commissions)

* The net buy (sell) price is the total net cost (proceeds) after commissions for all managed accounts divided by the total number of shares.

I am selling four stocks today because I am very close to turning bearish. My indicators are overall bearish, and now even my stock picks, the super performance of which has been my sole reason for remaining bullish lately, are having a bad day. It is prudent to lighten up as we are very heavily exposed to market risk right now.

-KD, December 12, 2006

  Sold Metretek Technologies, Inc. (MEK) -6.8% (after commissions)

Net sell price in managed accounts* $13.36
Date(s) bought Nov 22 2006
Net buy price in managed accounts* $14.33
Holding period 2.9 weeks
Gain/loss in managed accounts -6.8% (after commissions)

* The net buy (sell) price is the total net cost (proceeds) after commissions for all managed accounts divided by the total number of shares.

I am selling four stocks today because I am very close to turning bearish. My indicators are overall bearish, and now even my stock picks, the super performance of which has been my sole reason for remaining bullish lately, are having a bad day. It is prudent to lighten up as we are very heavily exposed to market risk right now.

-KD, December 12, 2006

  Sold Zoll Medical Corp. (ZOLL) +5.1% (after commissions)

Net sell price in managed accounts* $53.63
Date(s) bought Nov 21 2006
Net buy price in managed accounts* $51.05
Holding period 3.0 weeks
Gain/loss in managed accounts +5.1% (after commissions)

* The net buy (sell) price is the total net cost (proceeds) after commissions for all managed accounts divided by the total number of shares.

I am selling four stocks today because I am very close to turning bearish. My indicators are overall bearish, and now even my stock picks, the super performance of which has been my sole reason for remaining bullish lately, are having a bad day. It is prudent to lighten up as we are very heavily exposed to market risk right now.

-KD, December 12, 2006

  Open Positions

Company Name Stock
Symbol
Buy
Date
NetBuy
Price*
Current
Price**
Weeks
Held
Gain
(Loss)
Gulf Island Fabrication Inc.GIFI12/06/06$39.06$38.250.9-2.1%
SimpleTech Inc.STEC12/04/06$10.30$10.241.1-0.6%
DSW Inc.DSW11/30/06$38.12$38.801.7+1.8%
Dress Barn, Inc.DBRN11/30/06$24.12$24.001.7-0.5%
Allis-Chalmers Corp.ALY11/28/06$18.02$23.142.0+28.4%
The9 LimitedNCTY11/22/06$27.58$29.312.9+6.3%
Watts Water Technologies IncWTS11/17/06$41.68$42.333.6+1.6%
Cisco Systems, Inc.CSCO11/15/06$26.62$27.073.9+1.7%
Dolby LaboratoriesDLB11/10/06$26.70$30.434.6+14.0%
Emerson Electric Co.EMR11/08/06$43.58$43.054.9-1.2%
AMREP Corp.AXR11/07/06$68.47$108.005.0+57.7%
Google Inc.GOOG10/20/06$456.24$481.657.6+5.6%
Average3.3+9.4%

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

** Current prices are at least 20 minutes old.

  Subscription Information

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

My intention is to inform you as quickly as is practical regarding my stock market moves. When I buy or sell a stock, first I take care of client accounts, then I buy/sell for my personal account(s), and then, third, I send out this newsletter.

Your feedback is welcome. Send e-mail to deenslist@deencapital.com. To subscribe or unsubscribe, include the word "subscribe" or "unsubscribe" in the Subject line.

This newsletter is free to managed account clients. For a limited time, it is also free to all interested parties.

  Privacy Policy

Your personal information, including your e-mail address, will be held in strict confidence by Deen Capital Management, Inc. We will not share it with or sell it to others.

  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.