The Motley Fool's CAPS investing service is one of the newest additions to the investing community at Fool.com, and it's another great way for investors to work together to beat the market. One of the features in CAPS allows users to set up a blog to talk about their picks, investing strategy, market view, or their favorite baseball team (if they so desire).

I've scoured through the CAPS blog universe to bring you a generous helping of the top blog posts of the past week.

Subscribe to Wired?
One of the great features of CAPS is that it tracks the performance of what the so-called professionals are picking. This CAPS feature is probably best known for following the moves of all the Wall Street firms, from the top-performing Fortis Bank all the way to the not-so-prescient CL King. In fact, David Gardner was recently spotted chatting up that very topic with Dylan and Maria on CNBC.

Wall Street firms aren't the only pros that CAPS tracks, though. In a recent blog, MaverickAtWork muses on the magazine Wired and the outstanding performance of the stocks it picked in both its 2006 and 2007 edition of the Wired 40. The big winners that Wired identified this year included Amazon.com (NASDAQ:AMZN), Baidu.com (NASDAQ:BIDU), and Garmin (NASDAQ:GRMN). Maverick's conclusion? Maybe it's worth ponying up the money for a subscription!

New CAPS features!
It's that time again -- CAPS has been juiced up with some hot new features. Take a look at the TMFCramerica blog for more details on the new features. My favorite? The customizable alerts that let you track the goings-on in CAPS. I'm not going to say that it'll help you better stalk TMFEldrehad and his picks ... but, uh, it kinda will.

On espresso and investing
Speaking of TMFEldrehad ...

Personally, I find myself with an espresso (or espresso-grade coffee) more often than not just because I like the feeling of blood rushing at 100 miles per hour from my feet to my brain. Eldrehad, on the other hand, suggests that a little caffeine can help you get through those particularly treacherous SEC filings, and, from that, be a better investor.

Eldrehad's blog focuses on the importance of really digging into the filings for companies that you plan to invest in. In the post, he illustrates the point with an interesting nugget he found while trudging through the 10-K for Cherokee.

Short Forbes!
While not necessarily an investing tip, CAPS blogger chaosUnplugged brings us a little bit of off-the-ticker drama from the business world. As the ruling for the SCO Group v. Novell has just recently been handed down, chaosUnplugged shares with us some of the tinder that helped stoke the fire of the battle between the two companies.

Going down with the great ones?
In his blog post, reddingrunner shares some of the pain he's been feeling on a few financial picks including Citigroup (NYSE:C), Lehman Brothers (NYSE:LEH), and Goldman Sachs (NYSE:GS). He got positive on the group as he watched some of his favorite money-management all-stars make their moves, but he's now left "to wonder when the bleeding will stop." In spite of the recent losses, he remains positive, though -- check out his blog for his reasons why.

The bear market and the next bull
QualityPicks has been holding his breath waiting for the bear market that he saw riding in on the back of the teetering housing market. So far, it's been a lot of false positives and considerable aggravation for his post-dot-com-bust PTSD. But now, it looks like that ship may finally be coming in. With one inflated sector bursting, he also muses on the next one that will carry the bulls.

What would Warren do?
Being a bit of a Buffettite myself, I love playing the "what is Buffett likely up to now? game. In addition to providing a list of current Berkshire Hathaway (NYSE:BRK-A) holdings, CAPS player EScroogeJr takes a stab at figuring out the stocks in The Warren's crosshairs.

So now it's your turn -- get off the sidelines, join CAPS, and start up your own CAPS blog to share your own knowledge and insights with the rest of the CAPS universe.

More CAPS Foolishness:

Fool contributor Matt Koppenheffer shares some thoughts of his own on his CAPS blog. He owns does not own shares of any of the companies mentioned. Amazon, Garmin, and Berkshire Hathaway are Motley Fool Stock Advisor recommendations. Baidu.com is a Rule Breakers selection. Berkshire Hathaway is also an Inside Value pick. The Fool's disclosure policy does not have its own CAPS blog, but if it did, it would blow your mind.