The Deen's List Vol.6 #382

The Deen's List^TM

Our Goal: To outperform the S&P through up markets and down.

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

Vol.6 #382 Monday, December 22, 2008 1:50PM EST

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

Market Stance: BEARISH (since December 13, 2008)

Contents

Performance
Sold Epiq Systems Inc. (EPIQ) -7.7%
Open Positions
Subscription Information
Privacy Policy
Disclaimers
Contact Us

Performance

Deen Capital S&P 500

Year-to-date as of December 19, 2008 -26.7% * -38.2%

12 months (Dec 19, 2007 to Dec 19, 2008) -26.5% * -37.5%

24 months (Dec 19, 2006 to Dec 19, 2008) -6.4% * -35.1%

* An average of managed accounts, net after all commissions and fees.

Click here for more performance data.

Click here for information on managed accounts.

Sold Epiq Systems Inc. (EPIQ) -7.7%

Net sell price in managed accounts* $15.65

Date(s) bought Dec 8 2008

Net buy price in managed accounts* $16.95

Holding period 2.0 weeks

Gain/loss in managed accounts* -7.7% (after commissions)

* Buy and sell prices shown are net after commissions and fees. This means that the gain/loss shown is also net after transaction expenses.

Today, Monday, December 22, 2008, I sold EPIQ, first for client accounts, then for my personal accounts.

This stock has been slipping in price recently, and is now trading below my stop-loss price of $16. That recent breakout appears to be failing.

-KD, Monday, December 22, 2008

Open Positions

Model Portfolio

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

TeleCommunication Systems Inc TSYS 12/22/08 $8.39 $8.48 0.0 4.1% +1.1%

Fuel Systems Solutions Inc. FSYS 12/18/08 $32.31 $33.58 0.6 5.2% +3.9%

Shenandoah Telecom SHEN 12/18/08 $26.24 $25.64 0.6 4.9% -2.3%

S X C Health Solutions SXCI 12/16/08 $17.16 $16.61 0.9 4.9% -3.2%

S&P Depositary Receipt SPY 12/16/08 $89.18 $86.97 0.9 9.1% -2.5%

S&P Depositary Receipt SPY 12/10/08 $90.31 $86.97 1.7 9.8% -3.7%

Greatbatch Inc. GB 12/09/08 $24.37 $24.79 1.9 6.3% +1.7%

S&P Depositary Receipt SPY 12/08/08 $91.85 $86.97 2.0 14.7% -5.3%

Cash 40.9%

Total 100%

* Buy prices shown are net after commissions and fees.

** 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.

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.

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 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
PO Box 30925
Santa Barbara, CA 93130
(800) 353-4990
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