Update: Week of November 17, 2008

The markets are trying to find a foot hold in what could be another disastrous week.  We have already seen the markets drop lower this morning in trading and the big news out is the fact that Citigroup is going to cut more than 50,000 jobs.  The economy is losing ground quickly as the employment numbers continue to drop and other economic news not having good numbers.

The economic news out this week includes Empire State Manufacturing Index, Capacity Utilization Rate, Industrial Production, PPI (MoM), Core PPI (MoM), TIC Long-Term Purchases, Fed Chairman Bernanke Testifies, NAHB Housing Market Index, Building Permits, Core CPI (MoM), CPI (MoM), Housing Starts, Crude Oil Inventories, FOMC Meeting Minutes, Unemployment Claims, Philly Fed Manufacturing Index, CB Leading Index (MoM) and Natural Gas Storage.

Some earnings due out this week include Arvinmeritor Inc (ARM), China Fin Online co Ltd (JRJC), DHT Maritime Inc (DHT), Helmerich & Payne Inc (HP), Ldk Solar Co Ltd (LDK), Phillips Van Heusen Corp (PVH), Smucker JM Co (SJM), Target Corp (TGT) and Trina Solar Limited (TRM) to name a few.

Happy Investing!

James Dicks, President & CEO

*All stocks are chosen using AI Scanner and evaluated using PremiereTrade® AI . Charts used in the presentation are from the weekly AI Wizard.

The Model Portfolio originated on September 14, 2006, with a simulated $50,000 investment.  Rates of returns are not adjusted for transaction fees that may have to be paid.  All prices and performance data are adjusted for reinvestment of capital gains and dividend distributions as they occur.  Past performance is no guarantee of future results.

CURRENT STOCKS   • None.     SOLD STOCKS   • None   PURCHASED STOCKS     None.   RADAR STOCKS   • Hawk Corp (HWK): Hawk Corporation is a holding company, founded in 1989. Through its subsidiaries, the Company enjoys customer relationships that span 50 years or more, and has a manufacturing history dating back to 1920.  The Company is a supplier of friction products and powder metal precision components for industrial, agricultural, performance and aerospace applications. It focuses on designing, manufacturing and marketing products requiring sophisticated engineering and production techniques for applications in markets. Buy stop is $17.42 per share. • Express Scripts Inc. (ESRX): The Company provides a full range of pharmacy benefit management services, including retail drug card programs, home delivery pharmacy services, Specialty services, drug formulary management programs and other clinical management programs for thousands of client groups that include HMOs, health insurers, third-party administrators, employers, union-sponsored benefit plans and government health programs.  Buy stop is at $66.12 per share. • Myriad Genetics Inc. (MYGN): Myriad Genetics, Inc. is a biotechnology company focused on the development and marketing of novel therapeutic and molecular diagnostic products. It employs a number of proprietary technologies that permit it to understand the genetic basis of human disease and the role that genes and their related proteins play in the onset and progression of disease. Myriad researchers have made important discoveries in the fields of cancer, Alzheimer's disease, and infectious diseases such as AIDS.  Buy stop is at $72.62 per share.