Donald Johnson

My Year End Buys and Sells

I think buy and hold is a bad strategy, even for a year. A better strategy, I think, is to buy the stocks on the list and hold them until they go down 5% to 7% from your buy point or until you have a better idea and the stock looks like it's topping, as they all do.

7 Attractive Dividend Stocks

PFE's sinking. It's point and figure price objective is $8, down from $17.87. GE is at $22.62 and its objective is $13. It's being shorted on its huge financial exposure regardless of what it says. PAYX is sinking on weekly charts. It's at $32.12 with an objective of $52. PAYX rallies in anticipation of rising interest rates, which don't seem to be in the cards at the moment. I just sold BBT because it's a bank.