Stock Picks for July 27, 2007

This is why we like limit orders, hence the name of our company.  SAIA opened lower than our entry point at 20.28 so you got a better price. Well, the markets certainly took the first step in the direction we predicted.  Patience is best right now.  This is why we have 7 positions instead of our usual 15.  As soon as the correction is over, and we think there will be more, we will start quite a few more positions.  Best plan right now, hold, and ride out correction. and remember, we cannot say this enough, the market always comes back.  In all of history how many times has it not?  zero.  Now, some stocks never come back, but we are in big great companies that always do.  That is the key. Do not fall for the bounce.  We will likely get one before the markets track down to low 13000s or high 12000s.  If not, even better, no one can really predict how low, but our best guess is that it will get a lot worse before getting better. This subprime mess could get real bad.  Real bad.  Read what the S&L crisis did in the 1980s and see if you can read the similarities right now.  http://www.fdic.gov/bank/historical/s&l/ Keep your chin up, don't worry, remember, you are in good stock picks that will eventually come back.  In all history they always have.  After 2000 low, you could have bought AAPL for $6.50...these are the types of deals we will look for in the next few weeks!  Stay with us!