5 Month Evaluation

December was a great rebound for the model portfolio. On December 1st the S&P 500 opened at 1479.63 and closed at 1468.36 on December 31st for a return of -0.76 % loss. The The J Stock Portfolio began the month with $115,598.00 in assets (stocks and cash) and ended the month with $127,670.00 for a gain of 10.44%. While the portfolio clearly beat the S & P 500 performance easily, we are remaining cautious to not have another repeat of our only losing month (last month).

Lessons Learned/Game Plan:

1. Take full profit on stocks that have moved up large, regardless of the portfolio + or - , we can always reenter at another time. (Selling ELON for small loss after large recovery move it had)

2. Some of our portfolio stocks were effected by tax selling and should rebound from that early in the month. We will likely use this strength to exit stocks that are not meeting expectations.

MONTHLY SCOREBOARD
J Stock Report:4
S&P 500: 1

GAINS SINCE PORTFOLIO INCEPTION (8/1/2007)
J Stock Report: +27.67%
S&P 500: +0.69%