				Ken Deen's
			 THE AGGRESSIVE TRADER(tm)
	    "Seeking double-digit profits in one to four months"

			        BUY ALERT
                                                               P.O. Box 4791
Vol. 1, No. 89                                       Santa Barbara, CA 93140
September 25, 1992                                            (805) 565-2039
12:01pm EDT                                           CompuServe: 72020,2050


   Stock+Options Account:
      * This morning I bought 200 Prima Energy Corp. (PENG) at 16 1/2.

   Stock-Only Account:  No trades

   DESI Trading System(tm):  No trades


Buy Prima Energy Corp.

   Prima Energy Corp., is a DESI(tm) buy candidate today, and the DESI-3(tm)
Timing System is giving a green light for today.  This does not make it a DESI
buy, however.  It will become a DESI buy for Monday if and only if I get
another green light for Monday.  I will only know this after the market close
today.  If it is a DESI buy, I will send out a second buy alert over the
weekend.  If I have not sent out a second buy by 3:00pm EDT Sunday, then you
may assume that it is NOT a DESI buy.  In any case, I chose to nibble this
morning, in advance of the possible DESI buy signal.
   The stock, which has been thinly traded, has advanced dramatically in the
past seven weeks.  In early August, it was selling at 8 1/2.  Yesterday, the
stock closed at 15, up 1 3/4 on almost 10 times normal volume.  That was a
reaction to the earnings report released yesterday.  So the stock has almost
doubled in the past two months.  In spite of this, it is still selling at a
very low multiple of 10 times earnings.  A dramatic pickup in trading volume
has accompanied the rise in price, as the stock is being "discovered".  Also,
the energy sector as a whole has been in a bullish upward trend for the past
three months.
   Yesterday, the company reported earnings of 30 cents per share, up 76% from
17 cents in the year-ago period.  Revenues were up 17%.  According to
Investor's Business Daily, the company's 5-year earnings-per-share growth
ranks in the top 2% of all companys, and the stock's relative strength is in
the top 4%.
   Prima Energy, with headquarters in Denver, Colorado, is engaged in in
oil and gas exploration and development, primarily in the mid-continent and
Rocky Mountain areas.

      <Printed version contains stock chart here.
       Contact Ken Deen to obtain a copy.>
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   The Aggressive Trader is edited and published at irregular intervals, but
at least monthly, by Kenneth L. Deen ("Ken Deen"),  P.O. Box 4791, Santa
Barbara, California 93140, (805) 565-2039.  Until further notice, it is being
distributed at no charge. 
   Ken Deen, his employees, affiliates, and/or clients may have positions in
securities recommended herein and may make additional purchases and/or sales
in these securities.  
   Recommendations made in this publication involve a high degree of risk and
may result in losses.  Readers should not assume that recommendations will be
profitable or will equal past performance.  The information in this
publication is collected from sources believed to be reliable, but neither the
accuracy nor the completeness of this information is guaranteed.  
   Reproduction in whole or in part without the written consent of the editor
is strictly prohibited.  The Aggressive Trader, Deen Earnings Surprise Index,
DESI, DESI-3, and DESI Trading System are all trademarks of Kenneth L. Deen.
Copyright (c) 1992 Kenneth L. Deen. 
			      -END-
