Put activity has gotten excessive and seasonality is very strong through the middle of January.This stock went into our portfolio on 1/3/07 at $25.85 and is currently at $28.77. We remain long.

Shorts have overstayed their welcome and now seasonal patterns to the upside kick in. Erlanger's Trend Direction is in Rally Mode. This stock went into our portfolio on 1/3/07 at $68.43 and is currently at $69.45. It has pulled back after reach $75. We remain long.

The worst performer in the Dow last year. Due for a rebound as seasonal winds at its back and Dogs of The Dow players drive this name higher. This stock went into our portfolio on 1/3/07 at $20.45 and is currently at $21.23. We remain long.

The hedgies have bet in favor of Wal-mart against the drug stores. Dumb bet as this is a great short squeeze. This stock went into our portfolio on 1/3/07 at $5.50 and is currently at $6.28. We remain long.

We love Silver and no better way to play it than the iShare Silver Trust. This stock went into our portfolio on 1/3/07 at $129.96 and is currently at $133.92. We remain long.

Earnings came in great and with the recent sell-off it is time to step in and purchase shares.

Starbucks has corrected some 25% from it high. We are in this stock on Thursday's open. Put activity has screamed to 100% on Erlanger's option rank. Moreover, Ativo's 39 week target is $41.50. Enjoy the ride ahead.

We love to eat at Famous Daves and now we want to be long this stock. The shorts have bet against this name and we will take advantage of their bet. Earnings are growing nicely as last quarter they made 10 cents against and a year early numbers of 7 cents. Earnings will grow from 69 cents to $1.04 in 2008. We are in this stock on Thursday's open.