CHICAGO, March 10, 2011 /PRNewswire/ -- Zacks highlights commentary from People and Picks Trader "MightyMo".
For more Voice of the People, visit http://at.zacks.com/?id=5851
Two years later: March 9, 2011
Today is the market bottom two year anniversary. Those who joined the party have been profitable. Why one would even be bearish the last two years is beyond me!
Cramer saying CEO's dumping oil in the futures market...
S&P 500 and Dow still above where it was a week ago...
If your portfolio is underperforming the current market indexes, it's time to rotate them out. It's better to rotate them out instead of 'hoping' they come back.
Are we going to have another 5 year bull market? We are now starting year 3 as this current bull market started back in March 2009. Can it happen? It did in 1995-1999.
One needs to follow good money management rules...never let a winner become a loser...cut losses short.. rotate out of bad stocks.
Other than the Nasdaq, the market is holding up well today after a big Dow day yesterday.
The most recent picks by «MightyMo» are:
A buy rating on First Majestic Silver (NYSE: AG) and
a buy rating on Dresser-Rand Group (NYSE: DRC) and
a buy rating on FX Energy (Nasdaq: FXEN).
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