Other than Nasdaq, all major indexes had their worst weekly decline
since September. Pennyheaven Super 7 (2004) had its first declining
week since it began, thanks in no small part to DLGI.

There must something of a Murphy's Law about selling stocks.
In a down week the only stock going up is the one you just sold.

Where it stands now I don't feel as stupid as I did last week.
My instincts were correct my timing was terrible. Anytime you
make money its a good trade, however our goal is to buy at the
absolute bottom and sell at the absolute top.

On Friday 3/05, DataLogic DLGI (.88) hit a high of 1.69 (at about
11:15 AM EST) then dropped to a low of 1.01. What it took days
to build disappeared in minutes. If you were on your toes you sold
over 1.50. If you blinked you missed it. Lesson learned - if you're
into pennies you got to watch them constantly.

BTW, I still think DLGI is a great company and I'm proud to have
it included in the Pennyheaven Super 7. Revenues are increasing,
they got a possible huge deal in China and worst case scenario,
they go back down to .50, I would think about getting back in.

My reason for selling was more technical than fundamental, the stock
went up too high too fast. Also, you always want to sell into a spike and
not after it. You can dispose of shares more orderly and readily on the
way up as opposed to dealing with hordes dumping on the way down.
Another old Wall St saying is "buy when everyone is selling and sell
when everyone is buying" which actually is just another way of saying
what I mentioned last time, the masses always get it wrong.

ClicknSettle.com CLIK (.18) announced an extension to a stock
repurchase program that began in March 1998.
http://biz.yahoo.com/prnews/040312/nyf001_1.html

To date they have purchased 252,498 shares at an average price of
.33/share. Be careful, the spread is .16 x .25. Don't buy at the ask.
Try to get something in-between.

CLIK is a provider of arbitration and mediation services (alternative dispute
resolution services (ADR) services) and related electronic oversight applications,
principally to insurance companies, law firms, corporations and municipalities.

8.45 million s/o
43% held by insiders
$1.52 million market cap
$1.95 million cash
Website: http://www.clicknsettle.com/

We've been talking about International Monetary Systems INLM (.75) since
August 2003 (.49) when they then announced their best revenue month in
corporate history. (They had a another record month in December 2003).
We mentioned them again in November 2003 (.51) when they announced
a stock repurchase program. We mention them again now because last
week they announced a 2:1 forward split.
http://biz.yahoo.com/bw/040311/115353_1.html

IMS is one of the largest publicly traded barter companies in the world and
is continually expanding its exchange locations. The company's proprietary
transaction network enables companies and individuals to trade goods and
services throughout North America. Using an electronic currency known as
trade dollars, IMS exchanges allow companies to create cost savings and to
improve operations by taking advantage of barter opportunities in their
business models.

16,732,224 s/o as of 9/30/03
Website: www.internationalmonetary.com

The following is an exercise in selling strategies using DLGI
as an example

1) Buy low and sell high. Best case scenario.
Theoretically, lets say I bought 4000 shares of DLGI at .25
and sold it all at the high of 1.65
Net gain: $5600 ($6600 - $1,000 buy-in)

2) Our trade
Theoretically, lets say I bought 4000 shares of DLGI at .25
and sold it all at .94
Net gain: $2,760 ($3,760 - $1,000)

By selling early I lost almost 3,000 in profits. Is there a better approach?

1) Let it ride.
4,000 shares ($.88) is now worth $3,520
Net worth: $2,520 ($3,520 - $1,000 Buy-in) Zero profit

2) Sell half every time a stock doubles.
Buy 4000 at .25 = ($1,000)
Sell 2000 at .50 = $1,000
Sell 1000 at 1.00 = $1,000
Net worth: $1880 ($1,000 profit + 1000 free shares worth $880)

3) Every time a stock climbs 200% sell half.
Buy 4000 at .25 = ($1,000)
Sell 2000 at .75 = $1,500
Net worth: $2260 ($500 profit + 2,000 free trading shares worth $1760)

4) When a stock climbs 300% sell 75%
Buy 4000 at .25 = ($1,000)
Sell 3,000 at 1.00 = $3,000
(Leave 1,000 free shares long matching normal buy-in amount of $1,000).
Net worth: $2,880 ($2,000 profit plus 1,000 free shares worth $880)

I'll keep you posted.

GP@Pennyheaven.com

>>>>>>>>>> DISCLAIMER, PLEASE READ <<<<<<<<<<
Please be advised that nothing within this email shall constitute
a solicitation or an offer to buy or sell any security mentioned
herein. Pennyheaven.com is neither a registered investment
advisor nor affiliated with any broker or dealer. All statements
made are our express opinion only and should be treated as
such. We do not accept any paid promotion. Please do your
own DD and trade only what is right for you.

To Unsubscribe: Reply with Unsubscribe in subject heading
To Subscribe: Reply with Subscribe in subject heading to:
GP@Pennyheaven.com