SINLetter Stock Picking Contest

First of all, neither Biiwii.com nor this blog are 'stock pick' sites. Secondly, it is far more important to me to get a handle on the macroeconomics than it is to ferret deeply into individual stocks, and thirdly, Biiwii.com is currently leading this stock picking contest presented by Mr. Asif Suria at SINLetter.com. Wheeeee!! Of course, by the time you read this I may not even be on the front page of leaders because we all know how stocks move.

A couple notes: I picked these on 1/1/08. PAL (I don't own it) was a replacement for my original pick (YNG.to, which I also don't own) which was disallowed due to its Toronto listing. I own GSS and I picked AMZN short (currently short nothing in real life), which I think may be my undoing in this contest. You know I deplore the casino mentality and generally do not have a high regard for owning stocks as anything other than short to intermediate term profit vehicles (there are very few I consider indefinite holds), but this is fun and even we gloomy Gus's get to have fun once in a while.