The Deen's List Vol.5 #308

The Deen's List^TM

A service of Deen Capital Management, Inc. (www.deencapital.com)

Vol.5 #308 Friday, December 14, 2007 2:46PM ET

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

Contents

Market Timing Alert: BEARISH
Year-To-Date Performance
Open Positions
Subscription Information
Privacy Policy
Disclaimers
Contact Us

Market Timing Alert: BEARISH

As I write this, just over an hour before the closing bell on a Friday, my three primary indicators have turned unanimously bearish. That's more than reason enough for me to change to a bearish stance.

We're already about 40% or so in cash, and we are outperforming the market both today and for this week as a whole, so there is no urgency to go on a selling spree.

But my goal now is to avoid or at least to minimuze losses. And to keep a close watch on our risk profile (level of cash). I might consider increasing it further next week.

-KD, December 14, 2007

Year-To-Date Performance

Year-To-Date as of December 13, 2007
Deen Capital	+29.9%	*
S&P 500	+6.7%

* 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.

Open Positions

Company Name Stock
Symbol Buy
Date NetBuy
Price* Current
Price** Weeks
Held Gain
(Loss)

Greif Inc. Cl A GEF 12/07/07 $64.56 $64.24 1.0 -0.5%

Microsoft Corp. MSFT 12/05/07 $33.93 $35.79 1.3 +5.5%

NDS Group plc ADS NNDS 11/30/07 $58.40 $58.79 2.0 +0.7%

J. Crew Group Inc. JCG 11/30/07 $47.38 $47.09 2.0 -0.6%

MasterCard Inc. MA 11/28/07 $191.30 $216.76 2.3 +13.3%

DryShips Inc. DRYS 11/28/07 $86.44 $85.48 2.3 -1.1%

Flowserve Corp. FLS 11/16/07 $92.58 $100.36 4.0 +8.4%

EnerSys ENS 11/13/07 $19.25 $24.04 4.4 +24.9%

Priceline.com Inc. PCLN 11/09/07 $102.13 $118.91 5.0 +16.4%

Amedisys Inc. AMED 11/09/07 $41.56 $44.11 5.0 +6.1%

* Net buy prices include commissions.

** Current prices are at least 20 minutes old.

Subscription Information

Welcome to The Deen's List^TM, 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.

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Disclaimers

All stocks discussed in The Deen's List^TM involve a high degree of risk. It should not be assumed that any stock discussed in The Deen's List^TM 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.

The Deen's List
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