The Deen's List Vol.7 #298

The Deen's List^TM

Our goal since Oct. 2005: Outperform the S&P through up markets and down.

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

Vol.7 #298 Tuesday, December 1, 2009 11:58AM EST

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

Market Stance: BULLISH (since December 1, 2009)

Contents

Market Timing Alert: BULLISH
Performance
Open Positions
Subscription Information
Privacy Policy
Disclaimers
Contact Us

Market Timing Alert: BULLISH

While officially bearish, I have actually been sitting on the fence lately, more or less midway between bullish and bearish.

It's still a very close call, but I've decided to declare myself bullish this morning, in view of the market's strong rally on the first day of December.

My indicators are improving; they are overall neutral now. My single most important indicator -- the performance of my recent stock picks -- is very bullish.

-KD, Tuesday, December 1, 2009

Performance

Deen Capital S&P 500

Year-to-date as of November 30, 2009 +18.4% * +24.1%

12 months (Nov 30, 2008 to Nov 30, 2009) +14.6% * +25.4%

24 months (Nov 30, 2007 to Nov 30, 2009) -12.9% * -22.4%

36 months (Nov 30, 2006 to Nov 30, 2009) +16.1% * -16.5%

48 months (Nov 30, 2005 to Nov 30, 2009) +38.8% * -4.8%

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

Click here for more performance data.

Click here for information on managed accounts.

Open Positions

Model Portfolio

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

SmartHeat Inc. HEAT 11/30/09 $13.03 $13.39 0.1 5.0% +2.8%

Telestone Technology TSTC 11/25/09 $13.63 $14.32 0.9 5.2% +5.1%

S&P Depositary Receipt SPY 11/25/09 $111.39 $111.30 0.9 25.3% -0.1%

S&P Depositary Receipt SPY 11/16/09 $110.45 $111.30 2.1 24.6% +0.8%

S&P Depositary Receipt SPY 11/13/09 $109.96 $111.30 2.6 15.2% +1.2%

Priceline.com Inc. PCLN 11/10/09 $203.56 $214.33 3.0 5.1% +5.3%

Cash 19.6%

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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