ORCL is up and the iPhone is going to boost the economy by 0.5%. Benjamin Bernanke is firmly in control, punching short sellers in the scrotum, whilst eating cans of spinach (extra Popeye). After yesterday’s purchases of KMB and OSG, I am back down to 10% cash, maybe a tad more.

What you need to understand, in a bull market, is that everything, eventually, trades up. It’s my job as a manager to figure out when certain stocks will pop, in order to maximize profits. Sometimes it’s easy, other times, painfully frustrating. This has been a down week for me. However, I’ve been proactive, moving things around, in an attempt to find lightening in a bottle.

How do we find stocks that are going to move now?

That’s a complicated question because it’s part practice, part intuition, which is developed through experience. For one, inside of The PPT, I have specialty screens reserved for markets like this. It saves me time. In my world, time is money. I prefer short squeezes and I watch the breadth, by industry, to gauge momentum. I watch all industries and constantly navigate the darkest corners of the market, hoping to find disconnects.

In my estimation, the shippers have been unduly destroyed.

OSG will trade up to $10.

NOTE: The Dow is up 8 Friday’s in a row.