Re: This is a paper fund. Please consider all consequences and risks before taking action.

08/01/08: July 08 report is in and we have posted a 4.39% return.

This is a paper fund with real market results. All picks are selected as if they were backed by real capital. Right now the value of this fund is $500,000 paper money.

Stocks and holdings are based and considered on some or all of the following criteria.

Consistency to perform within 6 months or less
Ability to diversify and maintain some form of global exposure
Companies that have been oversold or beaten down
Buy and sell signals according to technical analysis
Best of breeds that continually produce and post solid numbers
Capability to shine in any type of market condition

Holdings:

Company	Ticker	Date	Buy Price	No. Shares	Initial Value
Apple	aapl	07/15/08	$168.83	500	$84,415
Bank of America	bac	07/15/08	$19.80	2500	$49,500
Chesapeake Energy Corp	chk	07/16/08	$56.45	2000	$112,900
Caterpillar	cat	07/16/08	$68.69	2000	$137,380
Nike	nke	08/04/08	$59.10	2500	$147,750

Total					$531,945

Performanc Reports:

July 2008 (pdf)

Holdings Breakdown:

APPLE - AAPL

A best of breed. Apple has the ability to post solid numbers regardless of the economy. Slowly but surely Apple is winning over the market share. With great products such as the ipod and iphone, it results in users adapting other Apple products. As this generation continues to grow, we only see a higher increase in market share and apple products assimilating into areas other than just personal use.

Through technical analysis we see Apple fresh off a bounce of its 200 day moving average. The potential upward trend give us a current price target of $200.

Bank of America - BAC

Are we crazy? Maybe, but we can't help but start a position in Bank of America at its current level. By no means are we trying to call a bottom, but how much lower can one of the biggest banks really go? We'll take our chances here.

Chesapeake Energy Corp - CHK

As the United States continues to focus on oil supply/demand issues, it will be a constant effort for companies such as Chesapeake to continue search for alternatives and new sources. Their specialization in natural gas is benefited as people are trying to find solutions to the current oil crisis.

Since 2008, Chesapeake has been on a tear. It rapidly increased its upward momentum. After topping out at $74, the stock is posed to break back upwards. We look for a quick target of $66; however, expect to move higher.

Caterpillar - CAT

Whenever you survey a construction site, 99% of the time there will be machines with CAT running across them. As we draw closer to the more severe part of hurricane season, the machinery will be needed to fix and repair demaged structures.

After examining the chart, CAT seems to have bottomed out. Resistance could be met at $74.79; otherwise, expect a nice target of $78.

Nike - NKE

With the help of the Olympics and their innovative creation of the Hyperdunk (lightest basketball shoe ever created), Nike’s already huge global exposure should continue to rise. Also as kids head back to school and sports kick back into full gear, Nike should look for a strong upcoming quarter. We also can't overlook the excellence they have aligned themselves with.

After examining the chart, NKE seems to have rounded out from its coming down of the 52 week high.. Resistance could be met at $62 level; otherwise, expect a nice target of $70. See full explanation here.

Claim Your Free Stock Investing Entry Kit Now!

Taking control of your finances can be a very daunting task. Entering the stock market can prove to be even scarier. By simply downloading my Free Stock Investing Entry Kit, you will be able to buy and sell stocks in no time.

Don't let anybody fool you. We are in one of the greatest buyer's market ever, so why should you be on the sidelines?

Check out more about the book, or just submit your email and we will get it right out to you.

Let me knock down the barriers of entry and show you how easy it really is to trade stocks.