Beat The Dart -"Picking Stocks the Old-fashioned Way"

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Dartline™

December 21, 2006, 8:30am

The Standard & Poor's 500 index dipped 2.02 to 1,423.53 along with the benchmark 10-year Treasury note to yield 4.60 percent from 4.59 percent on Tuesday. The dollar was mixed against other currencies, while gold prices fell. In all it was a good day following the almost non-stop up market since October. Looking forward, the equity markets have tremendous liquidity with more money still on the sidelines. The single dynamic will add to further gains once a bit of consolidation takes place. As the market moves higher without material news, momentum suggests that new money has been systemically added to the pile, while many position holders are afraid to sell, believing they may miss a further rise. Yes, Virginia, all is well in Stockville. ... Okay, let's check our cards. S&P support remains at 1,410 with Friday's intraday high at 1431.63 as technical resistance. With the market closes out the year, the agenda is to carefully consider any new long side commitments, while weeding out stocks with questionable forward earnings.

. Effective 12.18.06, the Message Board will no longer carry confirmations of posted suggestions and investment idea as a means to place "time sensitive" commentaries at the point on entry under Best Idea, Day Trade or 60-Day Summary list. In this manner, a more precise notice can be offered and improve the decision making process of our members and viewers. Furthermore, if a detail analysis is requested after the fact, merely post your question on the Message Board and an overview will be presented after the close.

... Purpose of the arrows: - projecting that DJIA, Nasdaq and S&P barometers will close higher at the end of the day. - projected consolidating barometers with limited directional action. - projecting all three barometers declining for the day.

... The STOCKSMIRF Fantasy Hedge Fund portfolio supports total available cash and margin of $5,000,000. Based on the trading dynamics of the Fund to date the gross values committed had not exceeded $4,500,000.

... Our Message Board and "Contact Us" elements are available at no cost to keep you up-to-date with timely information. Our Fantasy Hedge Fund gives you a concise overview of how investment ideas are executed. All transactions are posted on the Message Board.

View From the Bottom - A roundup of the day's performance

December 21, 2006, 4:00pm. ... Day Trader gains for the day are $17,820.00. ... Adjustments to the 60-Day Summary, which does not include Day Trader's activities are: (1) sold ANIK for a net gain from two positions of $18,400.00; (2) cover short on BBBY for a gain of $27,000.00; (3) cover short on FOXH for a loss of $12,800.00. Net realized changes for the day in Stocksmirf Fantasy Hedge Fund portfolio ("SFHF") is a gain of $50,420.00, and for the month to date a profit of $251,320.00. Review of how we let a big one get away is available on the Message Board under the titles 'STOCK ALERT - RHT.'

December 21, 2006

.... 3:23pm ... BUY On Assignment Inc. (ASGN) - last $11.04 Selling at 28 times forward earnings without acquisition of privately held Vista Staffing Solutions will add $0.10 to future earnings, ASGN us undervalued. With 26.14 million shares outstanding, while insiders and institutions controlling 95%, the true float can prove beneficial as earnings improve. Mid-term value play with EXIT POINT at 16.75.

... 10:48am ... Add to position - SHORT Pozen Inc (POZN). - last $17.59. FDA will require additional clinical trials.

... 10:27am ... COVER SHORT ON BBBY - last $38.10. Take profit. Under limited accumulation to warrant closing out position.

December 18, 2006... 2;12pm ... SHORT Bed Bath & Beyond Inc. (BBBY) - $40.80. With quarterly earnings due on 20th of December, estimates are $0.52 vs. $0.45 . Earnings surprise on downside likely that will place pressure on stock value. With stock near resistance and sales weakness going forward in moderating economy, BBY will have trouble maintain forward projections. No an effective environment to warrant holding, and a near term SHORT is prudent.

Ticker	Last Trade	Direction	Entrance Point	Exit Point
BBBY	December 18, 2006		40.80	38.46

P/E Ratio:	21
Forward P/E Ratio:	25
Float Shares2:	271 m
Company Guidance:	*
Recommendation3:	JP Morgan to underweight
Support4:	35.70
Resistance5:	41.02
Under Accumulation6:	limited
Under Distribution7:	increasing

... DAY TRADER

December 21, 2006

... 3:48pm ... SELL RHT - last $18.10.

... 1:33pm ... BUY Red Hat Inc, (RHT) - last $18.06. Support has been established with early accumulation.

.... 10:37am . SELL IAAC - Last $35.602. Take profit. IACC failed to rally off day's support.

... 10:13am .. BUY International Asset Holding (IAAC) - last $33.90 . Under accumulation after 13+ point decline.

... From the 60-Day Summary list

... December 21, 2006

... 11:28am ... COVER SHORT ON FOXH - last $21.79. Take loss.

... 9:39am ... SELL Anika Therapeutic (ANIK) - last $14.20. Volume failed to confirm news. Take Profit.

___________________________________________

NET VALUE OF Stocksmirf Fantasy Hedge Fund (SFHF) portfolio for the week ending 12.15.06 ....................,....... . $4,105,706.00

REALIZEDGAINS (LOSSES) FOR THE MONTH OF OCTOBER '06 in the SFHF portfolio ........................ ......... $277,601.00

REALIZED GAINS (LOSSES) FOR THE MONTH OF NOVEMBER '06 in the SFHF portfolio. ...............................$338,049.00

REALIZEDGAINS (LOSSES) FOR THE MONTH OF DECEMBER '06 TO DATE in the SFHF portfolio .................. $251,320.00

REALIZED GAINS (LOSSES) FOR THE CURRENT WEEK TO DATE in the SFHF portfolio. ................... $035,820.00

UNREALIZED GAINS (LOSSES) in the Stocksmirf Fantasy Hedge Fund portfolio.

December 21.006, 4:00pm .... 110,119.96

December 20, 2006, 4:00pm ... 93,267.97

December 19, 2006, 4:00pm ....55,300.01

December 18, 2006, 4:00pm ...01,795.03

December 15, 2006, 4:00pm ... 25,740.01

December 14, 2006, 4:00pm ... 99,164.01

December 13, 2006, 4:00pm ..136,899.98

December 12, 2006, 4:00pm ....03,700.00

December 11, 2006, 4:00pm ....64,200.00

December 8, 2006, 4:00pm ...... 24,399.99

December 7, 2006, 4:00pm ...... 23,694.99

December 6, 2006, 4:00pm ...... 11,465.97

December 5, 2006, 4:00pm .....$82,400.01

December 4, 2006, 4:00pm .... $58,400.01

December 1, 2006, 4:00pm .... $12,004.99

November 30, 2006, 4:00pm ... $69,300.00

November 29, 2006, 4:00pm ... $36,700.08

November 28, 2006, 4:00pm ... $47,500.07

November 27, 2006, 4:00pm ... $32,994.17

.......Note: Changes will be instantly broadcast on our Message Board. Log-in, it's free.

EFFECTIVE 10.30.06 DAY TRADER WILL BE LAUNCHED TO TARGET ONE STOCK TO PLAY DURING THE DAY AND CLOSED OUT BEFORE 4:00pm. The intent is to suggest ideas that have a likelihood, either to advance or decline, depending it you're going long or short. Naturally, day trading should only be considered by individuals with an in depth language of the securities market, and understands experience and timing dynamics are intransigent parts of the same formula. As Mark Twain said, "We should be careful to get out of an experience only the wisdom that is in it - and stop there; lest we be like the cat that sits down on a hot stove. The cat will never sit down on a hot stove again - and that is well; but also the cat will never sit down on a cold one any more."... Practice by using phantom trades until you have the experience to go live. This way you'll learn first hand if you posses that special "hook" to be a successful day trader.

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Remember: knowledge can be communicated; wisdom is your department.

BEAT THE DART is a classic term originally applied in 1898 when J.P. Morgan threw a dart at the stock table page of the New York Times. Whatever the dart hot, he purchased the stock and made a fortune. In time others used the procedure with startling results. The dart picks beat professional analysts 65% of the time!
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1 Based on market conditions and other factors previewed in Best Ideas, changes can happen at any time. Accordingly, continue to log-in on a regular basis to maintain maximum performance.
2 Float - Available stock position in the hands of the general public of the total outstanding.
3 Institutional recommendations during the last 30 days.
4 Under technical analysis the term 'support' refers to a point in the stock's price that is immediately maintained and usually suggests an entrance point to purchase.
5 Under technical analysis the term 'resistance' suggests that a point in the stock's price has been reached and further gains are temporarily unlikely.
6 Under Accumulation occurs when abnormal buying in a particular stock takes place, and suggests that inside information may be at play and anticipates future price appreciation.
7 Under Distribution suggests that insiders and others are stealth fully selling on the belief that lower stock prices will occur.
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