				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. 113                                      Santa Barbara, CA 93140
November 24, 1992                                             (805) 565-2039
10:00am New York Time                                 CompuServe: 72020,2050


   Stock+Options Account (editor's personal account):  No trades

   Stock-Only Account (editor's personal account):
      * BUY Nature's Bounty Inc. (NASDAQ: NBTY).  This morning I bought 300
        NBTY at 15 3/4.

   DESI(tm) Account (a computer-simulated hypothetical account):  No trades

   DESI(tm) Buy/Sell Signals (computer-generated):  None

   Other Trading Ideas:
      * BUY Jan Bell Marketing, Inc. (AMEX: JBM, $21.00).


Nature's Bounty, Inc.

   I am enthusiastic about Nature's Bounty.  It is not a DESI buy candidate,
but in my opinion it is a stronger buy than some other stocks which are DESI
buy candidates.
   This company was a DESI stock once, just very recently.  The stock more
than doubled between the DESI buy signal on August 3 and the DESI sell signal
on November 11.  It has emerged as a leader in the roaring bull market now
underway in the NASDAQ.  It has made a stunning 20-fold move in the past 12
months.  (That's not a misprint.  An investment of $1,000 in Nature's Bounty
a year ago would be worth about $20,000 today.)  I had thought that the stock
was getting ahead of itself, as the P/E soared into the mid-40's.  However,
after seeing the blowout earnings report released yesterday, suddenly the
stock looks like a bargain again!
   Overnight, trailing 12-month earnings doubled from 27 cents to 54 cents.
The P/E last Friday, when the stock closed at 12 3/4, was rather high at 47.
Then came Monday (yesterday).  Earnings were announced, and the stock soared
2 1/4 points on 6 times average volume.  Yet the jump in earnings swamped the
rise in price, resulting in a much more reasonable P/E of 28 at the end of the
day.  Here are the last four quarters of sales and earnings.  Notice the
acceleration in both sales and earnings growth:

	 Quarter
	  Ended         Sales($mil)         Earnings-per-share
	---------   ------------------      -------------------
	Dec 31 91   19.3 vs 15.5  +25%      0.03 vs 0.03     0%
	Mar 31 92   28.7 vs 21.2  +35%      0.13 vs 0.09   +44%
	Jun 30 92   24.1 vs 17.8  +35%      0.10 vs 0.05  +100%
	Sep 30 92   28.8 vs 19.1  +51%      0.28 vs 0.01 +2700%

   Nature's Bounty is in the "Medical Products" group.  This group has been
gaining favor on the Street.  The group relative strength ranking has
improved from 75 four weeks ago to 80 on Monday.  Nature's Bounty carries
an earnings-per-share ranking of 99 and a relative strength ranking of 99 (the
highest possible).
   Nature's Bounty, located in Bohemia, New York, manufactures vitamins, food
supplements, and health and beauty aids.
       <Stock chart appears here in printed version.>


Jan Bell Marketing, Inc.

   In Jan Bell, we see strong and accelerating sales and earnings growth,
the completion of a short-term dip on a stock that is on a roll, and a stock
group that is dramatically gaining favor.
   Earnings-per-share over the last four quarters were up +58%, +67%, +100%,
and, most recently, +280%.  Sales gains over those same quarters were +18%,
+49%, +50%, and +47%.  The stock has been on a roll for the past two months.
On Sept. 29, the stock traded for $13.25.  Yesterday's close was $21.  The
stock price has taken a slight dip just in the last week-and-a-half, from
its high of $21.63 on Nov. 11.  I expect the strong uptrend to resume,
probably today.
   The stock's P/E, when looking at trailing earnings, is rather high at 39.
However, the price is only 15 times estimated '93 earnings.  In my opinion,
the stock is still attractive in spite of the recent runup.
   Jan Bell is in the "Precious Metals/Jewelry" stock group.  This group
has been very hot lately.  The group's relative strength ranking has shot up
from 44 five weeks ago to 81 yesterday.  The stock's earnings-per-share
ranking is 92, and its relative strength ranking is 86.  The next earnings
report is due March 5.
   Jan Bell, located in Sunrise, Florida, designs, manufactures, merchandises
and distributes a full line of diamond, gemstone, 14 karat gold, and other
jewelry.
   All rankings in today's alert (earnings-per-share, relative strength, and
group relative strength) are from Investor's Business Daily.
       <Stock chart appears here in printed version.>
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----------------------------------------------------------------------------
   This issue of The Aggressive Trader(tm) may be copied and distributed
freely.  Please pass it around!
   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.
   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.  
   The Aggressive Trader, Deen Earnings Surprise Index, DESI, and DESI-3 are
all trademarks of Kenneth L. Deen.
   Copyright (c) 1992 Kenneth L. Deen. 
			      -END-
