Ken Deen's          THE AGGRESSIVE TRADER(tm)
"Seeking double-digit profits in one to four months"
Vol. 2, No. 61   April 7, 1993   11:00am New York Time
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Market Stance: Cautiously Bullish
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ALERT ITEMS:

   Market Commentary: See below

   Marginable Account (editor's personal account):  No Trades

   IRA Account (editor's personal account):  No Trades

   DESI(tm) Account (a computer-simulated hypothetical account):  No trades

   DESI(tm) Buy/Sell Signals (computer-generated):  None

   Other Strong Recommendations (These stocks will be tracked and followed up
   with sell [or cover] alerts.):
      * Chrysler Corp. (NYSE: C, $41.00)
        EPS:68, RS:92, GR:28->5, PE:28, Automobile Manufacture
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Chrysler Corp.

   The story here is a breakout on heavy volume fueled by excellent news of
strong sales in a stock with excellent recent earnings growth, a low valuation
based on forward earnings, and a group which is continuing to gain favor.
   I have recommended Chrysler previously, last year at 22 (see Vol.1 #89).
The company continues to be on a roll.  On Monday, the company announced a
44% increase in late March sales.  Yesterday (Tuesday), the stock closed
at 41, up 1 3/4, on twice normal volume.  That set a 52-week high, the first
new high since Feb. 11.
   Chrysler does not have the high EPS rank I usually like to see, but it
does have excellent recent earnings growth.  Here are the last four quarters
of sales and earnings:

	 Quarter
	  Ended          Sales($mil)            Earnings-per-share
	---------   --------------------       --------------------
	Mar 31 92   8189.0 vs 5799.0  +41%    -0.52 vs  -1.24 +0.72
	Jun 30 92   9311.0 vs 7812.0  +19%     0.50 vs  -0.95 +1.45
	Sep 30 92   9200.0 vs 7600.0  +21%     0.37 vs  -0.36 +0.73
	Dec 31 92   10200  vs 8159.0  +25%     1.12 vs  -0.19 +1.31

   Although the P/E of 28 is somewhat high, the price is actually only ten
times estimated 1993 earnings of $4.10.  Estimates for 1994 earnings are
around $5.35.
   The Automobile-Mfg group is currently ranked 5th out of 199 for six-month
price performance, and that ranking has been climbing steadily for the past
several weeks.  It was in 105th place as recently as Jan. 27.
   As with all "Other Strong Recommendations", I will follow this stock as
if I owned it, and I will issue a sell Alert at some future date, probably
three or four months down the road.
   All rankings in today's alert (earnings-per-share, relative strength, and
group) are from Investor's Business Daily.
<Stock chart appears here in printed/fax version.>
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Previous Alert: Vol.2 #60 (April 2, 1993)
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-Ken Deen
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   The Aggressive Trader is edited and published at irregular intervals, but
at least monthly, by Deen Capital Management, Inc.,  P.O. Box 4791, Santa
Barbara, California 93140, (805) 565-2039.
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   Deen Capital Management, Inc., its principals, employees, affiliates,
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   Copyright (c) 1993 Deen Capital Management, Inc. 
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