Street Justice: Rose Colored Glasses

Hey all! Welcome back. At a quick glance the market seemed to be up to it's old tricks again today(dropping like a rock). Some say this is the end of our rally. I see things a bit different though. I see a market that is weathering all sorts of attacks. More on that later. First, I have 2 new additions to the Street Justice One Watch list to drop on you.
HLF/Herbalife is 1 of the 2 most recent companies to meet the standards of Street Justice. HLF sells nutritional supplements for weight management and personal care products. They also sell sales aids, informational audio tapes, video tapes, DVD's and CD's to their 1.8 million independent distributors. These independent distributors sell HLF's products in 63 countries worldwide. HLF has awesome relative value and timing, but the relative safety isn't so hot(.84 of 2.00). They have a forecasted earnings growth rate of 24% and a P/E ratio of 12.02. Sales for HLF were up 14% over last year and 6% over last quarter with net income increasing 33% for the year and 7% for the quarter. HLF has a 10% net margin and a ROE of 97%(NICE!). Herbalife is up(price) 17% over the past 52 weeks and 22% over the last month. They have made 8 upward estimate revisions for fiscal 09' over the past month and have increased earnings estimates 88% for next fiscal year. HLF pays a dividend of $.80 per share and has a dividend growth rate of 30%. MORN/Morningstar is the other new addition to my list. They provide data on investment offerings worldwide through Internet, software and print based products for individual investors, financial advisers and institutional clients. They have and continue to provide data on more than 21,000 mutual funds in the US, 89,000 mutual funds in the international markets, 12,000 stocks, 7,300 separate accounts, 2,300 close end funds, 92,000 variable annuity sub-accounts, 1,400 ETFs(exchange traded funds), 7,700 hedge funds and 80 state sponsored college savings plans. These are the guys who give the stars to the "five star" mutual funds you hear about or invest in. MORN has decent relative value, timing and safety. They have a 23% forecasted earnings growth rate and a P/E ratio of 28.52. EPS for MORN are up 42% over the past 5 years. Sales for MORN are up 38% over the last year and 5% for the quarter with net income up 42% for the year and 21% for the quarter. They have a ROE of 22% and an 18% net margin. MORN has climbed(price) 12% over the last 52 weeks and 6% for the month. They have made 2 upward estimate revisions for this fiscal year over the past month and have increased earnings estimates revisions for next year by 50% over the past 4 weeks.
So the bears can say whatever they want. I am quite happy with the way the market is reacting to such negative world happenings. I mean take a look at what's going on. US Financial Institutions continue to make huge write-offs and there are several factors that should've sent oil back up to $140. Still, the DOW and the Dollar keep on chuggin'. If all of these current events(write-offs,Russia war,gas supply decrease) had happened a month ago we'd be in serious trouble.
So what's your take on today's minor dip in the DOW and bump in oil? Was the rally a fluke, are we headed back down to 11,000(DOW) and $150(oil)? Will the DOW and the Dollar overcome oil and gold? Let me know.
Somebody needs to tell all the buyers of the USD that the US is in trouble because based on what I've seen in Forex trading, the dollar is the strongest it's been since February. As of today I have doubled my money in my practice Forex account($50,000 to $100,000). The USD continues to take back against it's major crosses, like the GBP which took a 5 hour 300 pip beating from the USD this morning. I can't believe there are people with college degrees that can't see the trends of the past 8 months are reversing(oil, the dollar, the dow). I guess we all see what we want to see.
It'll be interesting to see how this week plays out. I will be using all the resources at my disposal as I watch the market like a hawk for any changes. As usual I will post anything I learn, cause we're all in this together. Thanks for reading.