My lack of enthusiasm for the Dogs of the Dow theory in 2007 was well founded as the dogs delivered a loss of 1.38% in 2007, underperforming the Dow Jones Industrial Average by a significant margin as you can see from this page.
Citigroup (C) tops the 2008 Dogs of the Dow list with a high dividend yield of 7.3% but is expected to cut its dividend by almost 40%. After a gain of 33.28% in 2007, Merck (MRK) with its 2.6% dividend yield was displaced from the list by Home Depot (HD) with its 3.4% dividend yield. The entire list of the 2008 dogs is given below. Starting January 2nd, you should be able to track the performance of the 2008 Dogs of the Dow from this page, which would be automatically updated during market hours.