Ken Deen's
			 THE AGGRESSIVE TRADER(tm)
			        BUY ALERT
                                                           1339 Virginia Rd.
Vol. 1, No. 77                                           Montecito, CA 93108
August 11, 1992                                               (805) 565-2039
11:32pm ET                                             CompuServe: 72020,2050


   Stock+Options Account:
      * BUY United Wisconsin Services (Nasdaq: UWSI).  Tomorrow I will buy
        100 shares.  Today the stock closed at 42.

   Stock-Only Account (formerly "Model Portfolio"):  No trades

   DESI(tm) Trading System:  No trades

   The DESI-3(tm) timing indicator is giving a RED light for August 12.

   Other Trading Ideas:
      * This is a new feature of this newsletter.  "Other Trading Ideas" will
        appear from time to time in my alerts.  Here I will suggest trading
	ideas which do not fit into my other categories; i.e., I am not
	committing money to them, nor are they DESI(tm) Trading System trades.
	I do not plan to track or give updates on these suggestions.  If I
	suggest a buy, that's probably the last you'll hear of it from me; I
	probably will not issue a sell on it, nor will I report on its
	progress in my monthly reports.  These are just ideas for those
	readers who may wish to do their own further research.
      * Novell Inc. (Nasdaq: NOVL) is an attractive buy at this time.  Its
        sales and earnings growth are truly outstanding, there are technical
	indications that the price may have bottomed out after eight months of
	trending slightly downward, and an earnings report is due next
	Wednesday the 19th.  Buying in anticipation of a strong report has
	already begun.  NOVL closed at 52 today, up 3/4, after scoring a
	2 3/8 gain yesterday.  Yesterday's gain, I am suggesting, may have
	marked the end of an eight-month decline.  The stock was at 64 1/4
	last Jan. 15.
      * X Rite Inc. (Nasdaq: XRIT) is also a buy.  It broke out of a 3-month
        base on heavy volume today.  The stock skyrocketed 5 1/4 points today,
	to close at 44 1/2, which is also the high for the day.  X Rite is an
	emerging growth stock with excellent sales and earnings momentum.


Market Commentary

   In spite of the red light from the DESI-3(tm) timing system (it has been
green for 6 out of the past 10 trading days), I remain firmly bullish on
growth stocks.  The Nasdaq Composite has been trending higher since late June,
with the strongest volume occurring on up days.


Discussion:  United Wisconsin Services Inc.

   UWSI was a DESI(tm) Trading System buy on July 30 (see Vol.1 #73).  On the
morning of July 31 I bought 190 shares at 36 3/4 for my Stock-Only Account
(formerly known as the Model Portfolio).  Since then it has continued its
meteoric rise, closing at 46 1/4 last Friday.  Then Monday (yesterday), it
lost 4 1/2 points on a pullback in volume.  Today it continued to slide,
trading as low as 38 before the bulls took over and brought the stock back
to its closing price of 42, up 1/4 for the day.  42 was also the high for
the day.  It appears that the brief day-and-a-half of profit-taking is over
and buyers are likely to push the stock higher tomorrow.  I'll be one of them!
   In spite of a spectacular runup in the stock price -- more than 50% in two
weeks -- the stock is still undervalued at a P/E of 15, well below its 
accelerating growth rate.  See Vol.1 #73 for further details.
   UWSI is my favorite stock at this time.  The most convincing of the bullish
arguments on this stock is the enormous increase in trading volume over the
past two weeks, roughly since their latest earnings report.  This suggests
that institutional buyers have discovered the stock, and are falling all over
themselves to take positions in this hot new darling of the Nasdaq.
			      -END-