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Jan 8, 2007 - Issue #040

Told Ya!

DJ-30: 12398.01 -65.14 -0.52%. In the Real World: 51.59 -0.27 -0.52%.

UP: 13 (-10), Down: 17 (+10).

Trends (weekly): This is the subjective part.

Rising 14 (-1):

BA, C, +*GE, HON, HPQ, IBM, JPM, KO, MCD, MO, T, VZ, +*WMT, XOM.

Consolidating 13 (+3):

AIG, AXP, DD, -*DIS, GM, HD, +*INTC, JNJ, MRK, -*MSFT, +*PFE, -*PG, UTX.

Declining 3 (-2):

AA, CAT, MMM.

+/- denotes change of direction.

* denotes change of category.

So Much for Bipartisanship!

You didn't think they really meant it, did you? Looks like it's going to be business as usual. No surprises there.

From the weekly charts you wouldn't notice much change but the daily charts are another matter altogether. If Friday's action is a forewarning, storm clouds are here.

In The Little Book That Beats the Market, the "magic formula" is flexible enough to allow for experienced traders to be able to select a fewer number of issues to work with.

I see no reason not to utilize chart analysis in choosing those stocks, do you? And, while about it, to take advantage of any attractive options that may be available.

With that in mind, take a look at OPMR.

If the stock represents a quality company trading at a currently depressed price with an interesting looking chart and options available, it might be an attractive acquisition, n'est-ce pas?