Hi Thomas,
I don't know if it will stick.. however I will be a contrarian and hold onto BAC for atleast a year or a double :) BTW, are you planning to hold the banks for a while or is it just few months? In this market doubles are easy to come by once a positive mo-mo comes to the stock. Actually players are acting just like sheep.
Some of the contrarian plays one of my relative played and was very successful (without JDSU's of the universe in the portfolio)- ITWO, CHKP, AZPN, CYMI, LRCX, NVLS, ASYT, list goes on and on... The recent additions to that portfolio are dull as ever... HIFN, TYC, DIS, CPQ, MUEI, BAC, PFE.
Later,
Suresh |
