Street Justice: Don't spill the beans!!

Although days like today don't send me into a panic, I do have to wonder just how fragile this current market is. Hey all. Don't worry I'm still as optimistic and bullish as ever. I'm not jumping ship. It is amusing watching analysts on t.v. make fools of themselves trying to predict trends though. Still, I'd sacrifice that entertainment for some consistency. The 3 companies I've lined up for today oughta provide some consistent gains for your portfolios.
The 1st company, CRY/CryoLife Inc. develops and markets bio-material, implantable medical devices and preserved human tissue for cardiac and vascular transplant. Their products include bio-glue, bio-prosthetic devices like heart valves and vascular grafts as well as preserved cardiac, vascular and orthopedic tissues for transplants. CRY sell products on 6 major continents. The relative value, timing and safety are all solid and CRY has a forecasted earnings growth rate of 25%. Net income for CRY was up 1900% over last year and 40% over last quarter. Over the past 52 weeks CRY has climbed(price) 36% with a 19% gain for the month and a 1% increase over the past 7 days. CRY is 1 stock that won't make you cry. This next company is a great Ag buy. IPHS/Innophos Group produces specialty phosphates used in fertilizer and detergent applications. The phosphates for their fertilizer applications are highly engineered and crucial to taste, texture and performance of foods, beverages, pharmaceuticals and oral care products. IPHS operates in the US and Mexico. I like the relative value, timing and safety numbers. They were all within range. IPHS has a forecasted earnings growth rate of 34% and their EPS was up 189% over last quarter. Net income for IPHS was also up 33% over last quarter and 83% over the last year. They have climbed(price) 140% over the past 52 weeks, 2% over 1 month and 12% for the week. IPHS pays a $.68 per share dividend with a 43% dividend growth rate. I can't believe I didn't see this next company sooner. I've heard of it , but until this week I hadn't done much research on them. It's CVA/Covanta Holdings and they develop, construct, own and operate energy generation facilities and water/water-waste facilities. They also provide insurance services in several countries around the world. CVA has decent relative value, timing, and safety and a P/E ratio of 27.98. EPS for Covanta were up 190% over last quarter and net income jumped 203% for the quarter. CVA has a 54% 5 year historic sales growth too. They have climbed(price) 30% over the past year, 11% for the month and 4% over the past 7 days. Covanta Holdings was also 1 of the 15 industrial and 73 US companies named to the S&P(Standard and Poor) list of companies with the highest growth characteristics.
I don't think we have much to worry about in regards to today's losses. Other factors like positive earnings and guidance from a lot of companies and the optimism and support of the Fed and the consumer will overcome in the end. I've had some extra time to research this week(break at college) and I will have some good info this weekend.
What do you think the losses in the market today signal? Is it just a bump on the way back up? Or, are we in a pit of quicksand? Let me know.
The dollar seemed to weather today's dip in the market. We saw a bit of a scare early in the day versus some major crosses(Euro and Yen), but by noon we were right back up there. A currency pair that has really caught my attention is the AUD/JPY. I shorted 4 units(400,000) on Tuesday and am up well over 200 pips or about $10,000USD(in my practice account). I believe this is due to slowdown in economic growth down under and the recent dip in the price of gold. This is supported by losses for the AUD leaking through to other crosses. The AUD is connected to gold though and if gold jumps back up, watch out.
Everybody have a good Friday(lol). I'm gettin right back to researching when I'm done here. You can never do too much homework. See you all tomorrow with some more data to download, cause we're all in this together. Thanks for reading.