12/10/07 Stock Purchase Update - New Portfolio High

In my 12/3/07 stock purchase update, I wrote about how the 10/15/07 updated buy list of Potash (POT), Southern Copper (PCU), CNH Global (CNH) and BHP Billiton (BHP) was performing. In that article, the portfolio had just achieved a new high of $3,041 for a 21.4% gain. As of 12/7/07, the portfolio achieved another new high of $4,024 for a 28.3% gain. The new purchases of PCU, CNH and BHP are now up $1,134 for a 10.6% return. Here's the current status of the stocks I own in the portfolio:

	My Wealth Builder 10/15/07 Buy List
Stock [purchase date]	Shares	Purchase Price	Current Price 12/7/07
Potash (POT) [6/7/07]	50	$71.59	$129.19
Southern Copper (PCU) [11/13/07]	40	$108.24	$117.68
CNH Global NV (CNH) [11/13/07]	50	$55.22	$64.88
BHP Billiton (BHP) [11/27/07]	50	71.54	$77.00

The market activity continues to be concerning, with either narrow breadth or a high number of new lows. I believe that the probability of a recession in 2008 is relatively high. The multitude of negative factors will eventually outweigh any actions by the government. However, the Fed interest rate cuts lead me to expect that the bull market will last through summer, 2008, although it may be choppy. At this time, I do not plan to add any more to the amounts that I have already invested in the above table.

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This is not financial or investment advice. Please consult a professional advisor.

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