Finally, we get some weakness in the broader markets! The Power Dip has responded by returning 27 candidates. Alas, the model portfolio will only have room for 1 dip.
On the open, Micrel, Incorporated [[MCRL]] will be sold.
Health Management Associates, Inc. [[HMA]] will be added, keeping the portfolio full with 10 positions.
Below are the top 9 dips, (HMA is #1), ranked by our proprietary method.
2. Echelon Corporation [[ELON]]
3. Motorola, Inc. [[MOT]]
4. Kansas City Southern [[KSU]]
5. Qiagen NV [[QGEN]]
6. [[MGI]]
7. Community Health Systems [[CYH]]
8. Corrections Corporation of America [[CXW]]
9. Pentair, Inc. [[PNR]]
10. Jo-Ann Stores, Inc. [[JAS]]
Some of you have wondered how the Power Dip system handles sector rotation. You might notice that some of the top dips for today are in the health care sector. When a sector gets hot and then pulls back, this system will pick the best dips to be bought.
Good luck today!
