Almost Done with Finals....

Hey folks,

As you may or may not know, Finals are upon us (for us university/college students)! That means lots of studying and less time devoted to extra curricular activities (such as trading and among other things). As a matter of fact, I am already wasting valuable, precious time typing up this post! Anyways, down to the nitty- gritty.

Keep an eye on Over-bought stocks and do not be afraid of selling some or all of your positions. Some stocks that may be overbought and in need of profit taking: AXR, GROW, IAAC. These are the 3 that come to mind right now.

Good Buys at the current level: LFL, LKQX, RGLD, DWSN, TEX, TNT, ATLS, NFX, NTY, GMKT, KALU, INMD, RENT, BKC, JST

Sectors to keep an eye on: Steel, Metals, Gold and other precious metals (basically the commodities), Oil Service and Pipeline stocks and Oil stocks in general.

Oversold: RNIN (good to add at this point), TAG

By the way, in regards to todays IPO action: I recommend only a small position in MPEL. I actually like FFHL more and plan to go long if I have time tommorow morning.