The Stocks I Own and so should you..

Current Stock Positions As Of 4pm 5-22-08 and Activity for the week...

FCX - Freeport McMoran Gold and Copper
AUY - Yamana Gold
ABT - Abbott Labs
DE - John Deer
MS - Morgans Stanley
MO - Altria Group
PM - Phillip Morris International
OI - Owens Illinois
PWR - Quanta Services

NOTES FOR THE WEEK
I Closed out my Position in National Oil Varco (NOV) Yesterday at $86.59 That I Bought on 5/7/08 at $69.09. This stock is still on my watch list, so I am saving the proceeds and will buy it again if it pulls back under $80.

Freeport McMoran - I have been accumulating all week. Made a larger sized move on 5-21-8 at $126.06. If I only waited to today. Oh Well Plenty of upside here.

Opened a Position in Morgan Stanley (MS) on 5-21-08 at $43.12. Will hold here as it pays a 2.5% dividend and the stock is Dirt Cheap. Will look to ride this to $60-$80 then sell.

Opened a small position in John Deer (DE) on 5-20-8 at $82.24. And Sold it Today at $81.25 so I could divert that money over to Freeport McMoran (FCX) by adding shares today at$118.24.

Added to Quanta Services (PWR) on 5-19-08 at $30.89

Continued to Add to Yamana Gold (AUY). This is my largest position making up a good 70% of my portfolio. I added more this week at$15.75 on 5-20-8. I believe this will trade to $20 and will sell my entire position at $20. Average Basis on AUY is under $14 (Not including the $15.75 add on).

All of this weeks trades were financed on the proceeds from Foster Wheeler (FWLT) that I closed out on 5-16-08 for a 29% Gain.

Next week I look for my AUY and FCX to post a good 5% after falling late this week. Both are up for the week and will continue to climb. I have a couple stocks on Radar (Deer & National Oil Varco, RIMM and maybe Apple) that I may open this coming week. I am invested at about 90% so If I see a 5-10% drop in one of those names I may load up and sell off on a rebound.