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"It's not the stock that makes you money, it's what you do with it."

Picking stocks is easy. The difficult part is to know how to handle a stock once you bought it: when to hold, add and sell to maximize profit. Typically, there are two or three MAJOR buying opportunities in a year. The rest is handling your positions, incremental buys and sells. You can't make big $$ by just eclectically picking stocks here and there. You must be there when the big opportunity knocks, you must recognize and act on it. TZ membership gives you this continuity by taking you through multiple cycles.

Friday, December 2, 2011

Double Bottom on Financials?

The financials may have formed a double bottom here, as evidenced by BAC, BCS, C, DB, GS, JPM and MS, and XLF/IYF/KBE. Interestingly, regionals seem to be doing better than money center, as evidenced by KRE vs. KBE.
Posted by at 7:18 AM
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