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Dark Shadows

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In StrategyLab discussions I've read that soon (meaning days, not weeks), the software will automatically show the list of all stocks in my StrategyLab fund; so I won't duplicate efforts by giving you the list here. Later I'll explain how and why I chose these, particular companies.

I'm still adding stocks and it's been harder than I thought, even though I was looking at large, solid companies this time. After screening for good growth, sterling fundamentals, solid value and upward stock trends, I thought I had a pretty good pool. Then I saw that, regardless of past performance, over the last couple of weeks almost all prices were either flat or down, down, down along with the rest of the market. Maybe not as much as the DOW and S&P 500 but down, nevertheless. So my eligible group became too small. I wanted at least 20 stocks (approx. 50,00 invested in each). Rather than put all my eggs into a smaller basket I decided to find a way to supplement my basic collection.

I tried some pre-set screens based on various gurus' styles to see if I could find a group clearly bucking the trend, but no. Boy, is this country in trouble!

Of course many newsletters and Websites suggest you start shorting yesterday if not sooner. And, indeed, I think anyone who knows how to short effectively will make out like the Grim Reaper in an overripe field. Although I understand the basics of shorting, if I tried it now I'd be in over my head quite quickly. Then I found that there is such a thing as short ETFs. Although we can have no more than 25% of our fund in ETFs and remain compliant that's still enough for a decent chunk on the dark side of the force. So I added SRS (ProShares UltraShort Real Estate) and SKF (ProShares UltraShort Financials). I considered SDP (ProShares Ultra Short Utilities) and will keep an eye on it.

Note to Self: I didn't find a single Website with a screener for prospective companies one could short. Why? It shouldn't be that hard to program.

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