Quick Update

A nice week for a change. My huge sell-off back on June 28th was still the "right" move as those stocks are down a composite 2.1% (thought they were down 7% last weekend). When I made the move, I think that placed me about 60% in cash. I have steadily been putting it back in and am now 27% in cash. The stocks I have bought, are up 6.9% while the Russell 3000 (matching the purchase dates) is up 3.1%. Here is my most recent chart:


A chunk of my "new" money has been going into "safer" stocks with decent dividends like UNTD, CEL, CHKE and PM. But I have used the "barbell" approach as my other money has gone to riskier stocks, namely the Chinese names of UTA, NEWN, CCME, CSKI, CEU and CMFO... all stocks I had held during my sell-off.

I almost bought DLX as part of my dividend stocks, but I was trying to reduce the # of eggs in my basket. They had great earnings this week and have shot up about 10%.

The stock that really has me wondering of late is IPXL. They hit the screen 5/7 at 16.66. They promptly shot up to over $21. Now they are at $16.07, on no news. I do wonder if some buyers/sellers have a way of tracking generic sales and whether someone is taking generic market share. I keep thinking about buying, but will likely abstain.

There is no doubt that MFI continues to underperform, even as the market has bounced off its lows. Look at my open portfolios in my monthly tracking:

Date	Total	IWV
7/29/2009	18.6%	16.2%
8/28/2009	5.7%	9.9%
9/25/2009	4.3%	7.7%
10/30/2009	7.3%	9.3%
11/27/2009	3.8%	3.8%
12/31/2009	-0.1%	0.6%
1/22/2010	-0.2%	2.5%
2/26/2010	-0.6%	1.0%
3/25/2010	-8.5%	-4.7%
4/23/2010	-14.0%	-9.4%
5/28/2010	-3.4%	0.8%
6/29/2010	3.4%	5.9%

Note that only the oldest portfolio is beating the Russell 3000. Then look at the open stocks in my mechanical portfolios:

Symbol		Original	Current	Dividend	S&P O	S&P D	Stock Chg	S&P Chg	Diff
RTN	7/24/09	45.39	49.06	1.00	98.06	1.58	10.3%	14.2%	-3.9%
CBZ	7/31/09	6.54	6.52	-	98.81	1.58	-0.3%	13.3%	-13.6%
CBI	7/31/09	13.95	20.89	-	98.81	1.58	49.7%	13.3%	36.4%
DRC	7/31/09	29.11	34.34	-	98.81	1.58	18.0%	13.3%	4.6%
JEC	7/31/09	40.98	39.30	-	98.81	1.58	-4.1%	13.3%	-17.4%
NPSP	7/31/09	3.89	6.35	-	98.81	1.58	63.2%	13.3%	49.9%
ASGN	7/31/09	4.23	4.97	-	98.81	1.58	17.5%	13.3%	4.2%
AGX	8/7/09	12.35	8.71	-	98.81	1.58	-29.5%	13.3%	-42.8%
BBND	8/7/09	4.00	3.20	-	98.81	1.58	-20.0%	13.3%	-33.3%
LHCG	8/7/09	24.55	21.77	-	98.81	1.58	-11.3%	13.3%	-24.7%
RGR	8/7/09	11.45	15.92	0.28	98.81	1.58	41.5%	13.3%	28.1%
PRIM	8/7/09	6.95	6.77	0.08	100.79	1.58	-1.5%	11.1%	-12.6%
SEPR	8/7/09	18.12	23.00	-	100.79	1.58	26.9%	11.1%	15.8%
CEU	8/21/09	5.10	3.87	-	102.96	1.58	-24.1%	8.8%	-32.9%
CYTK	8/21/09	3.04	2.56	-	102.96	1.58	-15.8%	8.8%	-24.6%
CMFO	8/28/09	4.55	4.58	-	102.96	1.58	0.7%	8.8%	-8.1%
NAVR	9/4/09	1.79	2.40	-	102.60	1.58	34.1%	9.1%	24.9%
WTW	9/11/09	26.00	26.78	0.53	104.77	1.58	5.0%	6.9%	-1.9%
MIPS	9/18/09	3.72	5.49	-	106.72	1.58	47.6%	4.9%	42.6%
ESI	10/30/09	90.35	85.44	-	103.56	1.07	-5.4%	7.6%	-13.1%
VRSK	10/30/09	27.43	29.45	-	103.56	1.07	7.4%	7.6%	-0.3%
APOL	11/6/09	55.99	49.27	-	107.13	1.07	-12.0%	4.1%	-16.1%
CBST	11/6/09	17.60	21.73	-	107.13	1.07	23.5%	4.1%	19.4%
SNTA	11/6/09	3.20	3.01	-	107.13	1.07	-5.9%	4.1%	-10.0%
IMMU	11/6/09	3.61	3.28	-	107.13	1.07	-9.1%	4.1%	-13.2%
PBH	11/13/09	6.95	7.48	-	109.62	1.07	7.6%	1.7%	5.9%
IDCC	11/20/09	23.56	27.26	-	109.43	1.07	15.7%	1.9%	13.8%
PDLI	11/27/09	6.63	5.96	0.50	109.57	1.07	-2.6%	1.7%	-4.3%
CBPO	12/4/09	9.06	11.07	-	111.01	1.07	22.2%	0.4%	21.8%
XOMA	12/4/09	0.72	0.34	-	111.01	1.07	-53.2%	0.4%	-53.7%
Valv	12/31/09	5.15	7.50	-	111.44	0.48	45.6%	-0.5%	46.1%
RAI	1/15/10	53.81	57.08	0.90	113.64	0.48	7.7%	-2.4%	10.2%
TRMS	1/15/10	2.45	2.21	-	113.64	0.48	-9.8%	-2.4%	-7.4%
SAI	1/15/10	18.90	16.98	-	113.64	0.48	-10.2%	-2.4%	-7.7%
NATH	1/28/10	14.70	15.97	-	108.57	0.48	8.6%	2.1%	6.5%
SMED	2/5/10	6.74	4.54	-	106.66	0.48	-32.6%	4.0%	-36.6%
SPMD	2/5/10	36.63	19.11	-	106.66	0.48	-47.8%	4.0%	-51.8%
UIS	2/5/10	34.25	23.79	-	106.66	0.48	-30.5%	4.0%	-34.5%
QKLS	2/12/10	5.69	4.80	-	108.04	0.48	-15.6%	2.6%	-18.3%
MGIC	2/12/10	1.78	2.43	-	108.04	0.48	36.5%	2.6%	33.9%
ESIC	2/19/10	2.07	2.33	-	111.14	0.48	12.6%	-0.2%	12.8%
ODSY	2/19/10	17.89	26.23	-	111.14	0.48	46.6%	-0.2%	46.8%
HRB	2/26/10	17.28	15.23	0.15	110.74	0.48	-11.0%	0.1%	-11.1%
TNDM	2/26/10	16.12	13.05	-	110.74	0.48	-19.0%	0.1%	-19.2%
DEXO	2/26/10	29.80	17.77	-	110.74	0.48	-40.4%	0.1%	-40.5%
AFAM	3/5/10	35.52	24.98	-	114.25	0.48	-29.7%	-2.9%	-26.7%
DNB	3/5/10	69.95	70.34	-	114.25	0.48	0.6%	-2.9%	3.5%
SNTS	3/5/10	4.87	2.60	-	114.25	0.48	-46.6%	-2.9%	-43.7%
KIRK	3/12/10	20.11	17.82	-	115.46	0.48	-11.4%	-4.0%	-7.4%
PRSC	3/12/10	14.18	14.11	-	115.46	0.48	-0.5%	-4.0%	3.5%
QDEL	3/25/10	13.73	11.98	-	116.58	-	-12.7%	-5.3%	-7.5%
SVA	4/9/10	5.83	4.31	-	119.55	-	-26.1%	-7.6%	-18.4%
VALU	4/9/10	22.07	15.07	3.00	119.55	-	-18.1%	-7.6%	-10.5%
BDSI	4/16/10	4.12	2.29	-	119.36	-	-44.4%	-7.5%	-36.9%
LOV	4/23/10	3.45	3.23	-	121.81	-	-6.4%	-9.4%	3.0%
MD	4/23/10	57.02	47.52	-	121.81	-	-16.7%	-9.4%	-7.3%
ABC	4/23/10	31.13	30.53	-	121.81	-	-1.9%	-9.4%	7.4%
SNDK	4/30/10	39.84	41.43	-	121.81	-	4.0%	-9.4%	13.3%
OSK	4/30/10	38.62	31.98	-	121.81	-	-17.2%	-9.4%	-7.8%
GXDX	5/7/10	27.89	17.52	-	111.26	-	-37.2%	-0.8%	-36.4%
IPXL	5/7/10	16.66	16.08	-	111.26	-	-3.5%	-0.8%	-2.7%
SOHU	5/7/10	44.19	45.04	-	111.26	-	1.9%	-0.8%	2.7%
CHOP	5/14/10	6.54	5.72	-	113.89	-	-12.5%	-3.1%	-9.5%
LIWA	5/14/10	8.24	8.79	-	113.89	-	6.7%	-3.1%	9.7%
FLL	5/14/10	3.10	3.15	-	113.89	-	1.6%	-3.1%	4.7%
MRX	5/21/10	22.50	25.74	-	107.71	-	14.4%	2.5%	11.9%
CRXX	6/4/10	1.53	1.50	-	106.82	-	-2.0%	3.4%	-5.3%
DJCO	6/4/10	71.00	72.50	-	106.82	-	2.1%	3.4%	-1.2%
TNAV	6/4/10	8.53	8.98	-	106.82	-	5.3%	3.4%	1.9%
JGBO	6/11/10	8.45	8.75	-	109.68	-	3.6%	0.7%	2.9%
DRWI	6/11/10	5.94	5.65	-	109.68	-	-4.9%	0.7%	-5.5%
SCEI	6/18/10	7.36	5.91	-	111.73	-	-19.7%	-1.2%	-18.5%
SUPG	7/16/10	1.75	1.90	-	106.66	-	8.6%	3.5%	5.1%
						Top 50 Portfolio
						Totals	16.2%	0.9%	15.3%
50.9% of stocks beat the S&P 500 Benchmark						Closed	22.9%	0.3%	22.6%
S&P C			110.41			Open	-1.7%	2.5%	-4.2%