A bit late with the results but here they go:
For the part of the month of July, this was our watch list and outcome:
Stock Symbol-------7/11/10---------------7/31/10
NLY-----------------18.15-----------------17.40 (down 4.31%)
NVS-----------------49.55-----------------48.74 (down 1.66%)
The outcome was not good, our average loss for this period was 2.99% while the S&P 500 gained about 2.19% from 7/11/10 thru 7/31/10.
Back to the drawing board.
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