DOWN HUGE again in AM, buyers say BUY THE DIP!

We logged in this morning, and watched the DOW drop 150+ pts.....then the buyers came in and pushed the market back to even. We picked up some more NYX at 82 bringing our Dipfolio average to 85ish for NYX.

On a bad note...STZ fell off the map. You would think with all the BIG DIPS folks would head for the bottle, but this drunk stock just got a DUI........down 13%+ today....and hit our 10% stop loss for the DIPfolio. we got dipped.

This week has hurt much of our portfolio gains, we are still up overall because of our motto to always take gains at 5% and 10% (with early wins in CSCO, A, BFLY, HAL, ISE, ADBE) but hanging tough (with recent stop losses in STZ, FMD) (and note that NYX, AGMN, SBUX and TWX are down overall)....

On a better note...

AAPL hangs tough!

87.798
+3.188 (+3.77%)

The US Stock Market grabs a small rebound

One interesting side note to yesterdays DUMPING, is that with our "buy on the dip" startegy, we entered into stocks that had previously been beaten up, so yesterdays knockout punch only scrathed our DIPfolio.

Biggest losers : SBUX, MPEL, NYX

SBUX - growth is slowing, their CEO claims saturation and stale experience. We are looking to get out soon.

MPEL - one word = CHINA

NYX - our biggest loser down over 10%. Like Carmer and many others, we too are sticking with this one.

We still LOVE THIS GAME and will be looking for some NEW BUYS soon!

Ohhh what a beautiful day!..................... Bulls see RED!... We see Scarlett!

WORST DAY SINCE 2001! and we love it!




The market is having a beautiful down day as news of slowing growth in CHINA and softer commodities prices weights down the DOW. Our baby MPEL is getting trampled in the wake...and NYX is back in the 80's. Can you say BUYING OPPORTUNITY?!

On days like today we look through our DIPfolio for "back up the truck" BUYS. One that stands out is AMGN @ 64.53, near its 52-week low of 63.52 on 7/18/06 and note the 52 week high is 77.00 on 10/27/06....we are still waiting but anxious to re-buy under 52 low.
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also.....MCO - AHEAD OF THE UPGRADE - (yes, yesterday we were ahead of the downgrade, but we like the positivity from Citi)
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Moody's upped at Citi, buying opportunity seen
Marketwatch - February 27, 2007 6:05 AM ET

MCO
65.48
+0.11

LONDON (MarketWatch) -- Citigroup upgraded credit rating agency Moody's Corp. to buy from hold, saying it believes the market's over-emphasis on the latest quarter rather than the road ahead has created an attractive buying opportunity. The broker told clients the stock is now off 15% since early reports of rising defaults on sub-prime mortgages, an asset class that contributes a modest 7% to 8% to revenue. "We believe Moody's is likely to prove more resilient than expected," Citigroup said, arguing that it's one of the best franchises in the information space

Downgrade on a down day :-(

It may be best to stay away from "the financial sector"all together....anything related to credit, loans, mortgage, banking, etc.....its a tough market out there, with residential foreclosures and the sub-prime default rate going full throttle....get out while you can....and then BUY THE DIP....we are still confident in MCO, but the DIP FOLIO strategy is one of quick "swing trades" and somewhat predictable 5 to 10% gains....not a buy and hold type model. So although MCO is a "best of breed" long term winner, we are looking to exit (this stock and sector) on the next up day.

CREDIT SUISSE DOWNGRADES TO UNDERPERFORM FROM NEUTRAL
S&P Marketscope - February 26, 2007 1:55 PM ET

MCO 65.49-1.94


Analyst Brandon Dobell tells salesforce downgrades given his concerns about potential impact from slowdown in CDO (collateralized debt obligation) issuance on growth expectations for '07, '08... Given MCO's high capital efficiency, thinks concerns about growth will likely have big impact on valuation in near term... Would be seller in near-term given potential for slowdown in growth in Q2, beyond (thinks Q1 in good shape), particularly if these issues have spillover effect into other segments, especially intl CDOs... Cuts $2.62 '07 EPS est. to $2.57, $79 target to $64.

Hit in the HEAD with MARBLE! Dipped! - opportunity? or stop loss?

First Marblehead boosts quarterly dividend to 15c from 12c...we notice stocks tend to dip in proportion to an added dividend. The company gives the shareholders "x" dollars, resulting in "x" less dollars profit for the company, thus the stock is worth "x" less

...and remember "pi" is 2.14159265358979323...





FMD 46.19-1.60 (-3.35%)

We do have concern with some negativity toward the "lending" industries as a whole. But we also noticed The Student Loan Corporation(STU) was up +4.56(2.41%) today and had a similiar dip...we chose FMD becuase of more upside potential...and we are very interested to see if tomorrow will bring a 2nd BUY or a stop loss.

MONEY pulled out of HOTEL & INTERNATIONAL STOCKS ...

We bought MPEL in low 19's...sold some over $20....then bought more when it hit a new 52 week low of $18.55.


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We are extremely confident in the future prospects for MPEL and thus reiterate our BUY RATING. Watch the open tomorrow and BUY ON THE DIP! MPEL 17.45 -1.17 (-6.28%)

Our standard operating procedure is to ENTER a stock, then buy on dips to establish position, but we understand that FUNDS aren't infinite. This will be our last BUY on MPEL.(at least for a while;-)

DIP FOLIO "current position" = $17.98

Now we will hold until THE CROWN opening in Q2.

BULLS CONFUSED? we got dipped..ouch! NYX.....$92.07 -5.17 (-5.32%)

DIPPED! 5% on the day.... if you bought a bit at the open from our recommendation, then bought more on the BIG DIP, you would be in a good position with an average entry point under $94....

although Goldman Sachs analyst Joshua R. Carter removed NYSE Group Inc from his "Americas Buy List" - Carter tells salesforce to remain positive on LongTerm prospects for NYX.

-Associated Press 02.09.07

NYX GS downgrade & a big early morning dip! buy now!

NYX under $92 over $5 & more than 5% down on the day...its only one downgrade and GS's target is still $105 , they just dropped it from $120.

.......buy now 91.98 -5.26 (-5.41%)

we liked it before this dip, we love it now!!
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