Before 2007 I sorted through some ugly charts of oil and metal stocks. I'm glad that I stayed out as both keep falling while drug stocks like AMGN and ONXX are doing well. Here's an article from The Street explaining why.I obviously should have stayed short on Netflix rather than taking the quick profit, as the stock is starting to look like a shooting star.
Finally, STP took a 4% hit, allowing me a chance to get in. (I bought shares of STP for my personal portfolio today @ 32.63)
-Chris
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