Some time one can choose the underdog when Wall Street chops the stock at the knee
CAT moved from $80 to 100 in 3 months - It feels great - 20% return in owning and shout about it
AMLN moved from 12 to 16 = same percentage
NVDA moved huge while my friend 3J was all over my pick of NVDA - it went up 2.5X or 250%
Same goes for STEC - I got enough e-mails saying it is going to $5. STEC can still take 15% dip in a jiff and not saying it is a buy
Only difference it is better to own solid up trend stock than or one does not know where the stock will be next day.
Even AKAM got hit today - down 11% after hours
Picking stock is a funny business and that is why I can normally see what charts are telling short term - put some money in bank - 1/2 % per day is a great way to pay your self. Win 2 to 5% on some and cut loss on some.
Some time having a safer 5% per month is sweet with covered call in IRA account

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February 9, 2011
Edited: February 9, 2011
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