Experimenting

2008 watch portfolio.

Relative valuation experiment.

LONG: JOYG, IIVI, BUCY
SHORT: SPWR, MLNM, IMCL

Assuming $100k account:

	3/14/08 close	shares
JOYG	68.8	242
IIVI	34.68	481
BUCY	109.25	153
SPWR	60.78	-274
MLNM	13.92	-1197
IMCL	42.51	-392

S&P 500 Relative Value Experiment

	3/14/08 close	shares
FCX	101.61	164
RIG	137.55	121
SUN	52.27	319
UPS	69.61	-239
EQR	38.62	-432
WY	61.97	-269