Credit Where Credit Is Due  3

Autos and Auto Parts . 5

Banks, Brokers, and Finance Companies  7

Cable, Media and Telecom12

Chemicals  15

Consumer Products 16

Directories17

Energy 19

Homebuilders 22

Paper and Forest Products 24

Retailers 26

Treasury Curve Comparisons and Index Returns28

Recommended Asset Allocation Weightings by Risk Profile 29