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by Kurt Kasun  | PUBLISHED: June 27, 2008 AT 7:46 PM |   | | | |

First a note on general market conditions:  S&P bounced higher from support level (August 06) just above 1270. This is positive over the very short term (perhaps the next week). Look for a rally back up to the old support levels for the DJIA and the S&P 500, which will now be tough resistance to break through. Now regarding the "Six-Pack" Portfolio...

Last update to this portfolio was 7 trading sessions ago. We have managed to move a little higher (gain of 7.47% vs. gain of 7.01%), which I think is not too shabby considering the steep selloff that is occurring in markets all over the world. Since the beginning of the portfolio a few weeks ago, it has beaten the overall market by 15%.

The biggest gainers since the last posting are (NYSE: NBR) and (NYSE: BTU). (NYSE: CNX) and (NSDQ: BRNC) are unchanged, and (NYSE: RRC) and (NYSE: DVN) are down a little.

I plan to update the "Precious" Portfolio early next week, which as you can imagine has rebounded quite nicely with the price of gold and silver.

Below is the updated Six-Pack Portfolio and sector commentary and analysis:

For a more detailed portfolio designed to fully exploit this development, I invite you to explore the Global MegaTrends Portfolio now available here.

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