Hi-

Harry, thanks for the words of encouragement.

The 4 LEV Leaders for Fri performed as follows:

HEES 0.41%
JCOM -0.27%
NOW -2.01%
NNI -2.02%

1 out of 4 was a winner, and avg gain was -0.97%.

The overall avg since Apr 16 is now: +0.33

These are the *official* stats and would usually cause me some concern, but I was also tracking the near miss names that I posted on Th. They performed better:

FSL 7.97%
PFPT 5.16%
SPF 2.93%
AOS 0.90%
PCS -0.50%
CBRL -0.74%
EXAM -0.94%
LAMR -1.08%

These names averaged +1.71%. I am not going to include these #'s in the on-going stat's b/c although they did not meet the LEV Leader definition: they were only at RS +89 and +88 on Th night. But, I do look at this as providing evidence of more constructive forces at work in the market than I would have taken from the 4 LEV Leaders.

There are 12 LEV Leaders in the attached .xls for us to look at on Mon, and I feel that 12 names (vs 4) will provide a more representative view of the market.

Take care,

Shaawn
+511 Club's - Apr 29, 2013.xlsx