Stock & ETF Picks:

As of February 1, 2009

This list is provided as a courtesy. You are responsible for your own due diligence. Diversify. Do not buy stocks that are extended above breakouts. Keep losses small—no more than 7-8% below your buy point, but be sure to have good buy rules (See BUY, HOLD and SELL on this website and see technical buy rules at www.investors.com ). You must also have SELL RULES, both on the UPSIDE and DOWNSIDE. “Trees don’t grow to the sky.” See momentum based buy and sell rules at www.investors.com.

Be diligent on your sell rules and discipline. Markets move fast, and I can’t update this site real time. Take some profits on the way up, especially if stock selling is occurring with volume above the 50-day moving average or when the stock is making new highs on below average volume. Also sell when the stock drops 7-8% below your buy price, or is not supported at the 50-day moving average.

The following table contains five designations, but again all are contingent on what the overall market is signaling. For example you wouldn’t buy a Watch to Buy (WB) if the market was signaling sell.

Watch to Buy (WB): meaning watch to buy;
Watch to Sell (WS): meaning watch to sell;
Buy (B): meaning OK to buy;
Reiterate Buy (RB): meaning a new (secondary) buy point
Hold (H): meaning it is too extended to buy, but still appears to have upside;
Sell (S): meaning sell. After a few weeks as a sell, if a stock or ETF is no longer on the list, it was sold.

Watch, Buy, Hold or Sell	Company or ETF	Symbol	Date to Buy, Hold or Sell	Original or (Reiterated Buy) Price	P/E at Original Buy Est.	Growth rate PEG at Original Buy	Comment: (E:= Expected Earnings release date)
WB	ETF: ProShares ULTRA S&P MidCap 400	MVV					Watch for market signal after into 4Q earnings season about Jan15-Feb 14.
B	ETF: ULTRA SHORT Lehman 20+ Treasury Pro Shares	TBT					Watch how this reacts to 4’Q earnings. At some point in 2009, the market will move interest rates up. Every 1% increase in 20 year Treasury rates will move this up about 20%. The opposite is also true.
WB	ETF: Market Vectors – Steel	SLX					Watch how this reacts to 4’Q earnings season.