Fund Ranking and FEMKX Update, 7/3/2008

This week is a short week due to independence day, and also is a week for the "short." Market officially went into "bear" territory according to the 20% rule (20% below its recent high in October, 2007).

The weekly Average Momentum Index (AMI) Rankings of SSPP, nSSPP, SELECT, ETF can be seen in:
http://yechen.pan.googlepages.com/

A brief status update for the FEMKX timing model: FEMKX was sold on 6/13 and we are in the cash position for this model.

FEMX Trading Log

Fund    Buy On    Buy@    Sell On    Sell@    P/L
FEMKX  03/26/07  $25.15  08/06/07   $29.53   17.42%
FEMKX  09/10/07  $28.98  12/28/07   $33.82   16.71%
FEMKX  04/28/08  $31.73  6/13/08    $30.81   -2.90%
CASH   06/13/08  $1.00