The Play: "Legg Mason Value Trust" The Thinking: Bill Miller - "Value Trusts"'s portfolio manager - is extremely bullish for 2007. As Mr. Altucher pointed out elsewhere, if you're bullish for 2007, you might as well start here...

The Play: "Marvell Technology" The Thinking: This thing can move. Volatile as all heck. Also, a fed cut should mean an increase in risk-appetite, which would basically mean an increase in the desire for Marvell...

The Play: "Corning" The Thinking: It's product line should make it a leader in an up market. In addition, it seems to be a favorite for hot money lately...

The Play: "Citrix Systems" The Thinking: Spurred by a rate cut and future earnings increases (?), CTXS could move higher.

The Play: "Marsico Growth" The Thinking: In an up market, Marsico's alpha is incredible...

The Play: "Wells Fargo" The Thinking: Good long-term growth capacity, terrific management. Rate cuts should propel investors to the best bank around. A rate cut would also alleviate recent fears (about subprime exposure) that have been hanging over the stock.

The Play: "Goldman Sachs" The Thinking: One of the key leaders during a move up. If a rate cut occured, this trend should continue. In addition, the likely pick-up in market activity should bode well for GS's earnings for 2007...

The Play: "Bear Stearns" The Thinking: A rate cut would alleviate fears over BSC's exposure to the current subprime mortgage situation. The fact that it's such a high-quality company, as well as its low multiple, should only help it further... Benefits from up markets as well...