Long GS (Goldman Sachs), short CFC (Countrywide)
Long XON (Exxon), short TOL (Toll bros)
I only make pair trades seldom, pair trading is done when you're not sure of future movement of the indexes.
IMO pair trading yields modest profits (perhaps I was a bit late), but in times where there's uncertainty, so directional trades are almost sure of having losses (getting whipsawed), regardless if you're bullish or bearish.
I would say that you should start pair trading with SECTOR ETFs, before getting into individual stocks.