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IBDvalueinvestin (99.62)

Tech stocks usually do best in December

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December 01, 2009 – Comments (2)

so focus on many fundmangers could be on tech stocks once again this December.

Nov. 30, 2009, 5:00 p.m. EST 

December tends to deliver stock-market gainsDecade now drawing to a close the first in 90 years for S&P to post decline

 

NEW YORK (MarketWatch) -- Historical trends indicate (no guarantees, of course) that December will be a positive month for the U.S. stock market, with the information-technology category poised to tally the year's strongest performance.

Since 1929, the year's closing month ranks second after July in terms of average price gain, according to Standard & Poor's chief investment strategist Sam Stovall.

http://www.marketwatch.com/story/december-tends-to-deliver-stock-market-cheer-2009-11-30

2 Comments – Post Your Own

#1) On December 01, 2009 at 11:03 AM, IBDvalueinvestin (99.62) wrote:

Tech stocks to keep a watch on heading into 2010 are:

MENT, FIRE, TSTC, STEC, NLST, & GSIT

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#2) On December 01, 2009 at 11:23 AM, IBDvalueinvestin (99.62) wrote:

GSIT well off its day high of $6 time to start looking for an entry point at $5-5.20 range.

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