drbob66

Time to Switch Out of Freeport-McMoRan

"What lessons have you learned about investing in the stock market from your mistakes as well as your successes? "

Sorry, Marc...I can't help you out there. Just this week I learned that I should've bought NYX yesterday. And so far this year, all I've learned is that it's possible to lose a lot of money in the stock market.

Seriously, though, my best trades this year have been in financials (C, STT, NLY, GE)...nice panic sell-offs and good bounces. As for investments, well...ask me again in a year or two. Maybe FCX will be >$18 by then.

"how about some comments about your best investment choices and favorite stocks."

At the moment, I like FLR, WLT, NLY, UTX, MRK, BA, RIG. And CHC is my most recent "Phoenix stock" (bought at $0.15)



On Dec 04 12:35 PM Marc Courtenay wrote:

> I'm grateful for you comments. After I sold FCX I decided to buy
> some shares of NYX at around $18.54. Today, the next day, last I
> checked they were at $20.76 and FCX was trading around $18. FCX will
> probably weather the storm and do fine in the long-term. Now, how
> about some comments about your best investment choices and favorite
> stocks? Which companies do you think are best poised to grow and
> thrive over the next 12 months? What lessons have you learned about
> investing in the stock market from your mistakes as well as your
> successes? Aren't we all trying to help one another improve our results?
> That's the beauty of a site like Seeking Alpha.