All good things must come to an end. That's the case this year with mutual fund manager Bill Miller's Legg Mason Value Fund (LMVTX).

After 15 straight years of beating the S&P 500 index, 2006 looks to be the year that the streak is snapped for good. With one holiday-shortened week to go in 2006, the S&P 500 is beating Miller by a full 10 percentage points. In short, the run is over.

Looking back, the reason for the fund's under-performance was Miller's insistence to stick with Internet names, while avoiding energy and commodity-related stocks. This one sector-rotation error is all it takes to end the legendary manager's 15-year run. So kudos to Bill Miller for a stellar run - but now it's time to regroup and gear up for 2007.

As far as WaveStrength trading goes, we're very excited about 2007. For one, Adam and I are both excited and proud that WaveStrength Options Weekly is quickly turning into a fantastic investing service that can super-charge returns for years to come. We've already caught a ride on some of the biggest movers this year - as we've averaged one triple-digit winner per month.

At the same time, both Sara and Ann are branching out with fantastic products of their own. Sara's Material Profits newsletter has quickly become the fastest-growing front-end letter at Taipan Financial News. Her new back-end service MP Wildcatter has generated tremendous levels of interest as she uncovers the very best small-cap names in the oil, commodity, and alternative-energy sectors.

Also making a big end-of-year splash is Ann's new venture called Diligent Investor and Diligent Investor MicroCap Hot Sheet - where she applies her researching talent to uncover the very best micro-cap and small-cap stocks of the entire market. Her newest play on a “Rare Earth” company is a captivating story that everyone should read up on - if not invest in for 2007.

At the same time, we're still finding great success with WaveStrength Trader and WaveStrength Professional. Adam and I just issued a new trade to our high-end APEX file that enables traders to profit from the time decay of the long holiday weekend.

So all told, it was another exciting year of growth and opportunity at the WaveStrength group - and we expect nothing but more growth and gains going into the 2007 calendar year.