CHICAGO, April 13, 2011 /PRNewswire/ -- Zacks highlights commentary from People and Picks Trader "horsedentist".
For more Voice of the People, visit http://at.zacks.com/?id=5851
I just woke up to the fact that I'm not happy with a lot of my picks.
I did a review and found that since Feb a lot of my picks were underperforming the S&P. I was blaming the terrible earthquake and tsunami in Japan. Now I'm looking at charts and trouble started in Feb. not March. I was heavy into the Auto sector. First to get hit was Ford (NYSE: F) and Magna International (NYSE: MGA), then TRW Automotive (NYSE: TRW) and Tenneco (NYSE: TEN).
Today's down turn real got me pruning my portfolio down both in real life and on P&P. Oh yeah, the new improved speed on P&P really helps. I had been holding off P&P pruning because of the speed and uncertainty. I look forward to getting some new ideas from P&P folks now that P&P is user friendly again.
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