Below the Green Line

Another week in the books. I am now below the green line for the first time since about Oct 2006. That is not a good thing. Take a long glance at my chart. It is amazing how steep the declines can be. Not to give up hope though, I was below water last October and below the benchmark and went soaring past it in July 2007. It can happen again. And don't worry about us being in the red, we'll still have stocking on the mantle and presents under the tree... I just won't be retiring any time soon!


The earnings have been coming in daily. Since the MSTR good news, it has been a steady diet of bad news (thus the decline).

UG - they seemed ok to me today (United-Guardian Reports Nine Month Results), but this stock is stuck between $10 and $11.

NOOF - continued to be down a lot Y o Y, but they did say that they will be returning to growth in the 2nd half of this year (Revenue, profits down for New Frontier Media).

EGY - had decent earnings, but their entire issue (VAALCO Energy, Inc. Announces 3rd Quarter 2007 Results) is whether they'll find more oil as what they have is getting depleted.

PACR - their president quit this week and stock dropped a bunch (Pacer's president quits).

WNR - missed targets as they closed down some for maintenance (Western Refining 3Q Profit Drops). I think this was perfect timing as margins were low anyway. That is best time to re-tool.

KSWS - had a sucky quarter. Barron's picked these guys in June, they were sure wrong... or "early as they'd put it (K-Swiss Hits Low on 3Q Results, Outlook).

KSW - they were "okay" which is great relative to my other stocks (KSW, Inc.'s Third Quarter Profits Rise).

AEO had sub-par October sales and that dropped them to pretty much a 52 week low (American Eagle Oct. Same-Store Sales Dip).

At least I sold ASEI a couple weeks ago at about $65 a share. I see they're under $50!

I'll get more "excitement" next week as CHCG announces. Surely they can't go down further??

Current Portfolio
Stock	Purchase Date	Cost	Current	Gain
TGB	3/27/2007	$2.64	$5.73	117.0%
MSTR	9/14/2007	$69.55	$100.90	45.1%
TCK	8/16/2007	$36.50	$47.34	29.7%
JTX	4/9/2007	$28.70	$32.02	12.8%
UNTD	5/1/2007	$14.51	$15.68	11.8%
DGX	3/17/2007	$52.11	$53.87	4.0%
KSW	5/10/2007	$6.54	$6.79	3.9%
THO	4/2/2007	$40.30	$39.76	3.8%
HGG	8/3/2007	$13.48	$13.98	3.7%
KFY	9/28/2007	$16.74	$17.28	3.2%
TGIS	11/30/2006	$9.18	$9.02	0.4%
LRCX	7/3/2007	$47.51	$47.19	-0.7%
VALU	5/29/2007	$44.01	$42.97	-1.0%
LCAV	11/9/2007	$17.59	$17.15	-2.5%
VSNT	7/27/2007	$19.54	$18.93	-3.1%
AXCA	9/21/2007	$19.53	$18.80	-3.7%
HSII	10/5/2007	$39.92	$38.19	-4.0%
CHKE	7/17/2007	$36.70	$32.97	-8.1%
UG	6/13/2007	$12.09	$10.10	-16.4%
RAIL	2/16/2007	$45.54	$37.75	-16.8%
PNCL	2/9/2007	$17.07	$14.16	-17.0%
WSTG	5/15/2007	$14.98	$11.50	-20.5%
KSWS	7/27/2007	$23.94	$18.64	-21.9%
AEO	7/10/2007	$28.42	$21.60	-23.3%
CHCG.OB	6/5/2007	$5.93	$4.06	-31.5%
NOOF	4/27/2007	$8.59	$5.54	-32.6%
WNR	7/27/2007	$46.22	$30.57	-33.8%
BBSI	9/7/2007	$24.13	$15.85	-34.3%
IVAC	11/23/2006	$23.52	$14.68	-37.6%
PACR	1/3/2007	$25.46	$14.65	-41.2%
USHS	6/25/2007	$11.22	$6.40	-42.9%
GVHR	10/12/2007	$15.91	$6.49	-58.0%
Gain/Loss Open Positions ($):				($55,043)
Gain/Loss Open Positions (%):				-8.9%
Gain/Loss Closed Positions ($):				$51,064
Gain/Loss Closed Positions (%):				8.6%
Total Gain/Loss ($):				($3,979)
Benchmark Gain/Loss ($):				$47,837
Annual IRR:				-0.7%
Total Gain/Loss (%):				-0.7%