"Reviewing My Stock Picks Posted March 1, 2009"
For this post, I'm going back in time to review one of my other blog posts dated March 1, 2009.
I picked three stocks to invest in and hold for five years.
It's been close to nine months, now.
Stock One: CH Robinson Worldwide Inc: CHRW; NASDAQ
Stock Two: MSC Industries Direct Co Inc: MSM; NYSE
Stock Three: Quality Systems Inc: QSII; NASDAQ
Look at the CHRW chart: http://chart.finance.yahoo.com/c/1y/c/chrw.
It's price has risen about 40%, rounding off, since March 1, 2009. It's followed the market as a whole, basically. No surprise there.
Look at the MSM chart: http://chart.finance.yahoo.com/c/1y/m/msm.
Ok, about 60%..No surprise there either.
Look at the QSII chart": http://chart.finance.yahoo.com/c/1y/q/qsii.
About the same...No surprise there either.
To summarize: They all follow what the DOW is doing ratio wise or chart wise.
I timed the entry point or the swing right, that's for sure...
Purely by intuition.
Remember, the idea is to hang onto them for at least five years.
I'll check again in a year.
P.S. I think we need to be on the lookout for a double dip in the charts. The reason being today marks the beginning of the second overall market dip: Dubai disclosed defaulting on loan today for $60,000,000,000.00...that's SIXTY BILLION DOLLARS. Just making a note here to record.
No worries though, that's what markets do, they go up and down.
Regards
Fred
I picked three stocks to invest in and hold for five years.
It's been close to nine months, now.
Stock One: CH Robinson Worldwide Inc: CHRW; NASDAQ
Stock Two: MSC Industries Direct Co Inc: MSM; NYSE
Stock Three: Quality Systems Inc: QSII; NASDAQ
Look at the CHRW chart: http://chart.finance.yahoo.com/c/1y/c/chrw.
It's price has risen about 40%, rounding off, since March 1, 2009. It's followed the market as a whole, basically. No surprise there.
Look at the MSM chart: http://chart.finance.yahoo.com/c/1y/m/msm.
Ok, about 60%..No surprise there either.
Look at the QSII chart": http://chart.finance.yahoo.com/c/1y/q/qsii.
About the same...No surprise there either.
To summarize: They all follow what the DOW is doing ratio wise or chart wise.
I timed the entry point or the swing right, that's for sure...
Purely by intuition.
Remember, the idea is to hang onto them for at least five years.
I'll check again in a year.
P.S. I think we need to be on the lookout for a double dip in the charts. The reason being today marks the beginning of the second overall market dip: Dubai disclosed defaulting on loan today for $60,000,000,000.00...that's SIXTY BILLION DOLLARS. Just making a note here to record.
No worries though, that's what markets do, they go up and down.
Regards
Fred
posted by Fred at
6:17 PM
1 Comments:
You are usually a hawk stock watcher! I am proud that you are going sit back and relax and watch it for 5 years.
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