Since mid February up until about 2 weeks ago, the markets were enjoying a great ride...smart money was flooding back picking up beaten up stocks. There are still values to be found but they are very few and far between. If you've been playing the bear for the last couple of weeks, congrats, you're up anywhere from 8 - 12%...not bad! However, the Euro crisis has loomed heavy over what has been a rebounding US economy with company after company beating expectations.
I am in no way an expert but I would be picking up some big beaten down stocks. Some of my favorites are SBUX, MED & LCUT.
Happy Hunting Fellow P&P'rs
Emoney
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May 20, 2010
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