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Dear Member:

This week showed a great deal of strength in the major industries. There now appears to be some suggestion of a pause and a retracement would not surprise me.

I sold Quicksilver (KWK) for a loss this week when it broke below my $29 exit. That reduced my percentage of overall winners to 72%.

I bought Walt Disney (DIS) on Friday. It is in an up trending sector and looks as though it continues to show some strength.

My long time favorite, Nuveen Senior Income (NSL) remains in its uptrend and is faithfully paying its dividends.

Have a nice weekend!

Bill

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