Ken Deen's          THE AGGRESSIVE TRADER(tm)
"Seeking double-digit profits in one to four months"
Vol. 2, No. 75   April 29, 1993   10:00am New York Time
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Market Stance:  Neutral
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ALERT ITEMS:

   Marginable Account (editor's personal account):
      * SELL 200 New York Bancorp (AMEX: NYB).
        Today I sold all 200 shares at 28 5/8.  I had bought these shares
        Jan. 29 at 32 1/8 (Vol.2 #19).
        After this trade, the account value is $35,788.  Of that, $24,463 is
	long stocks and $11,326 is cash.

   IRA Account (editor's personal account):
      * SELL 200 New York Bancorp (AMEX: NYB).
        Today I sold all 200 shares at 28 5/8.  I had bought these shares Jan.
	29 at 32 3/8 (Vol.2 #19).
        After this trade, the account value is $39,358.  Of that, $24,463 is
	long stocks and $14,895 is cash.
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TRADING IDEA ITEMS:
(These are NOT buy recommendations.  They are merely suggestions for your
further research.)

   DESI(tm) Buy Candidates (The following stock(s) are "day 2" DESI(tm) buy
   candidates.  See Monthly Status Report ("What Is the DESI(tm) System?") for
   explanation.  The DESI(tm) market barometer for day 2 is red.):
      * Empi Inc. (NASDAQ: EMPI, $44.00)
        EPS:97, RS:87, GR:195->198, PE:35, Medical Instruments
        Comment: EMPI would be a strong buy were it not for the weakness in
	the Medical Instruments group and the weakness in the market in
	general.  Yesterday, the stock soared 4 1/2 points on four-and-a-half
	times average volume, in response to quarterly earnings of 46 cents
	vs. 17 cents on a 142% gain in revenues.  This represents a breakout
        from a 4-month base.  The earnings and sales numbers represent
	a continuation of the recent trend of rapid and accelerating growth.
	In spite of the jump in price, the trailing P/E dropped from 40 earlier
	in the week to 35 today.

   Breakouts (The following stock(s) have excellent sales and earnings growth,
   and have just broken out from a six-week or longer base.):
      * Empi Inc.  See DESI(tm) Buy Candidates 

   Climactic Selloff/Rebounds (The following stock(s) have excellent sales and
   earnings growth, are in long-term uptrends, and have just had a climactic
   selloff-and-rebound.):
      * Clayton Homes Inc. (NYSE: CMH, $23.00)
	EPS:94, RS:54, GR:6->16, PE:21, Bldg-Mobile/Mfg&RV
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New York Bancorp

   NYB is a DESI(tm) stock.  The computer-generated DESI(tm) sell signal has
not yet arrived.  When it does, I will publish another Alert with a "DESI(tm)
Buy/Sell Signals" Alert item.
   Today, however, I am selling prematurely in my personal accounts due to
disappointing earnings.  Yesterday, the company announced quarterly earnings
of $1.01 vs. $.97 a year ago.  This is well below the previous earnings
growth rate.
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Previous Alert: Vol.2 #74 (April 28, 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.
CompuServe: 72020,2050    Internet: 72020.2050@compuserve.com
   Deen Capital Management, Inc., its principals, employees, affiliates,
and/or clients may have positions in securities recommended herein and may
make additional purchases and/or sales in these securities.  
   Recommendations made in this publication involve a high degree of risk and
may result in losses.  Readers should not assume that recommendations will be
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   Copyright (c) 1993 Deen Capital Management, Inc. 
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