((((((((((((((((( OK, I'm Back )))))))))))))))))))

I think we have probably seen the bottom on the Dow around 11/21/2008 and we probably have another 1,000 points on the Dow to run still. Shorts are running to cover almost everywhere we look, and rightly so. The ST capitulation, margin sell-outs, forced brokerage sell-outs and HF forced sales from scared investors seem to be behind us. I love the recent news about George Soros and his HF's.

MY FAVORITE PICK RIGHT NOW IS: DRYS
Completely undervalued. The Intrinsic Value or real stock value appears to be somewhere between $30 - $40 per share! The MACD and Full STO signals have turned up too! This was once a $115 stock and got caught up in Hedge Fund and panic selling! The forced selling looks like it started around $20.00 and the bids were no where to be found so it dropped to the $4.30 level. Completely absurd at this level stll! The company is lead by who many are calling the next Aristotle Onasis. His name is George Economou, an MIT graduate with several business degrees and he knows the shipping business better than anyone in the world!


1. Click Chart To Enlarge

2. DRYS Company Info: Click and read page 20.

3. CEO: Don't Dump DryShips

4. More DRYS Info.

5. The panic of the Global Financial Crisis is being overturned with renewed hope from the Billions and Billions in worldwide stimulus packages!

Lets evaluate where we go from here early next week. Keep an eye on my short list of positions. I have others and may add them later, time willing. Be good.