I got in early this morning after a long New Years celebration. I rang in the New Year with a bang, literally, as I almost blew my hand off from one of those small bombs/fireworks. All is good though and happy to be back home.
My intentions were to have the contest spreadsheet up and running by now, but due to an extended stay, it will be up later tonight.
From first glance of the picks it seems many are bullish on stocks, I mean how can you not be when stocks were destroyed in ’08. But, then you read pieces like this and wonder if everything is ok.
Only time will tell, and if there is anything you should have learned from 2008, it’s not buy and hold.
I’m skeptical of the market here and have no desire to put a lot of cash to work. The only stocks I brought with me from 2008 were DXO & JASO, that’s it. The rest is cash, a whole slew of it.
I let you know when I decided to deploy some of it.
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Have a look at ISRG. Overtaking its 20d.
damn, didn’t think of that one for Stock of the year, but it could be a good one.
Good job holding DXO and JASO into 2009. I sold DXO on Wednesday near $3 – wish I had held 🙂