September Trades

September 17 2008
Sell 100 Morningstar Inc. (Nasdaq: MORN) $57.00

Sell 100 Western Union (NYSE: WU) $25.00

Buy 300 General Electric (NYSE: GE) $23.00

Buy 200 Ebay Inc. (Nasdaq: EBAY) $22.00

Buy 100 USG Corp. (NYSE: USG) $27.20

July - August Trades

NO TRADES

June Trades

June 13 2008
Buy 2500 Countrywide Financial (NYSE: CFC) $4.75

February - May Trades

NO TRADES

January Trades

January 8 2008
Buy 200 Countrywide Financial (NYSE: CFC) $5.50

January 14 2008
Buy 1000 Countrywide Financial (NYSE: CFC) $6.00

Buy 35 Sears Holdings (Nasdaq: SHLD) $88.00

January 23 2008
Buy 800 Countrywide Financial (NYSE: CFC) $5.25

Buy 100 Ebay (Nasdaq: EBAY) $26.50

Buy 100 Cadbury Schweppes (NYSE: CSG) $43.75

Buy 200 USG Corp (NYSE: USG) $31.50

Buy 200 Cisco (Nasdaq: CSCO) $22.50

Buy 150 Intel (Nasdaq: INTC) $18.75

Buy 300 Mueller Water Products (NYSE: MWA-B) $7.80

December Trades

December 26 2007
Sell 100 Lehman Brothers (NYSE: LEH) $65.00

Buy 50 Moody's (NYSE: MCO) $36.00

Buy 20 Sears Holdings (Nasdaq: SHLD) $101.00

Buy 100 USG Corp. (NYSE: USG) $35.80

November Trades

November 20 2007
Sell 200 Electronic Arts(Nasdaq: ERTS) $56.00

Buy 75 Centex (NYSE: CTX) $19.25

Buy 150 Pulte (NYSE: PHM) $10.25

Buy 50 Moody's (NYSE: MCO) $36.00

Buy 200 Countrywide Financial (NYSE: CFC) $9.00

Buy 25 Sears Holdings (Nasdaq: SHLD) $110.00

October Trades

October 18 2007
Buy 100 USG Corp. (NYSE: USG) $36.00

Buy 20 Sears Holdings (Nasdaq: SHLD) $132.00

Buy 25 Cadbury Schweppes (NYSE: CSG) $50.80

September Update

For the month of September the Model Portfolio’s return was 0.1% versus S&P 500’s total return of 3.7%. For the Fiscal Year ending September 30^th, the Model Portfolio’s return was 16.9% vs. S&P 500’s total return of 15.6%. Since inception, the Model Portfolio's 2-year return through September 30th, 2007 is 36.2% vs. S&P 500's total return of 24.2%.

We made no changes to the portfolio in September. Meanwhile, housing related stocks including Sears Holdings (Nasdaq: SHLD) were hit hard in September dragging down the Model Portfolio’s performance for the Fiscal Year. Consider that at the end of August the Portfolio was outperforming the S&P 500 by 4.9% for the trailing 11-month period.

Earnings season is right around the corner. Perhaps Mr. Market will be so kind as to provide us with a few fat pitches.

September Trades

NO TRADES