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Daily Archives: March 22, 2010

Today’s Tip: Cimarex Energy (XEC)

March 22, 2010
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After a spectacular four-week advance, the market began a well-deserved correction last week.  I think it is likely to go further, and I recommend that you take advantage of normal pullbacks in good stocks to buy at temporarily low prices … because I think the market will be higher in the months ahead, and here’s why. First, and most important, all major indexes are in positive uptrends, and market breadth is exceedingly healthy. Second, while investors who’ve enjoyed profits over the past year are smiling, they are still nervous about the future.  Furthermore, the man on the street still...

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