Stock Picks for September 13, 2007

Oil surpassed $80/barrel for the first time ever.  Yikes.  Inflation adjusted though, it is still below the 1973 crisis.  However, imagine what a new oil crisis could do if it was like 1973 when combined with the housing crisis.  I hope everyone sees why we are being so careful.  Read this:  http://en.wikipedia.org/wiki/1973_oil_crisis Olin is a great company with a great dividend yield.  Just the type of company we are going to try and pick up on a pullback the next time the markets have another 200 point down day; may take more. We certainly need some more tech exposure in our portfolio and have been watching 2 companies we would like to release new stock picks on in the next few days, watch for them! A couple of our positions are approaching average down areas which has us very excited.  Picking up great deals on these already undervalued companies will help our portfolio accelerate even further past the S&P as we get further into the future!  Unless you have way more excess cash on a percentage basis than the hypothetical portfolio, we suggest waiting patiently with us.  These markets are getting more and more negative weight piled on top of them.  Trust us, the probability for some better deals is very high right now in the near future; especially if the fed does not lower. Speaking of the fed, we just do not know.  The concensus is that they will lower a quarter point.  Is this a concensus fed?  Is this the continuation of the greenspan Put?  We are not so sure!