.com; there I basically saw that the stock price was at the top of the Stochastic chart (around 80) and the MACD and RSI (Relative strength Index) were around their highs. Even though I know the stock price of DSL will most probably go down in the immediate future, I am buying DSL long and I believe that it will outperform the market in the long run. I bought 176 shares of DSL at $57.00. 8/07/01The next transaction I realized was based on the GARP stock screen. I analyzed the first 10 results of the stock screen and the company that I liked the most was Chicos FAS stores. The company basically operates about 260 Chicos and Chicos Outlet stores in 40 states. The Chicos stores sell clothes for woman. The company has had a stunning growth over the last year, increasing its sales 64.50%. The stocks fundamentals where very good; I particularly was impressed with the companys sales growth and with its estimated EPS which were reasonably higher than last years EPS. After having read a little more about technical analysis and what we covered in class I decided to use Clearstation.com to review Chicos and see what the outlook was. The technical analysis of CHS was what convinced me to buy the stock; primarily because the stock was presently in a great buy point with two very strong supports under it (the graph is on the next page). The Stochastic was also showed that the stock was in the oversold area and had an upward trend. Finally another reason I thought the company was going to do well in the future was because of a recent recommendation of the stock by a Goldman Sachs retail analyst. I bought 200 shares of CHS at $32.45. 8/09/01The next investment I made was based in a totally different research strategy. I started my research in the Market Trends page provided by the StockScouter. Here I was able to see what sector of the stock market was currently in favor (consumer durables) and then see which stock of that sector had the highest rating...
