UPDATE: SOLD OUT OF FRO AND OSG FOR A 2% LOSS EACH AS DOWNGRADES HIT OIL SHIPPERS. ULTIMATELY FRO AND OSG WILL BE GREAT INVESTMENTS. THE TRICK IS TO SET A DATE ON THE WORD 'ULTIMATELY'. SIDELINES FOR NOW IN OIL SHIPPERS. Subscribers to Guerilla Stock Trading.com already know that we had a very good week last week with our Smartphone Portfolio stocks popping. We have taken profits in both IMMR and RIMM and are waiting for a Fib. retracement so we can do it again. There's another portfolio of stocks that every trader should have right now and that is a Oil Shipper portfolio. So here's the way sector rotation works. In a Recession, demand for oil drops and Oil Shippers get hit. In a recovery, demand for oil begins to rise and so do Oil Shippers. The market is just starting to recover from record low oil demand during the recession. The two stocks I like are Frontline Ltd. (FRO) and Overseas Shipholding Group Inc. (OSG). What I have been waiting for are signs that institutional traders are buying in the Oil Shippers sector as a sign that sector rotation is underway. I got that confirmation was last week between Wednesday's (March 10th, 2010) close and Thursday's opening where we saw the shipping spot rate improve as well as a gap up for the entire Oil Shipping sector. Front line (FRO) is tied to the spot price for shipping and Overseas Shipholding (OSG) derives more of its income from time shares shipping which makes it less volatile to daily shipping rates. I like both of these companies and if you follow my Tweets you know I purchased both last week. We continue to wait for a short term retracement in IMMR and RIMM.