Market Watch with Tom Waitt

January_26th_2011.mp3 Stellar Return    We have all heard that the equity market returns have been disappointing with little appreciation in the last 10 years. Buy and hold as a strategy has frustrated investors and mutual fund managers. However major moves have occurred.   Dow Jones Industrial Average (Click For Larger Picture) Many investors that bought into a mutual fund or a hedge fund have not made a cent over the last 5 or 10 years, indeed with fees they find their holdings are at a loss. However from the lows reached at the crash low two years ago when the Dow Jones Industrial Index feel to 6,469.95 on March 6th 2009 to the high reached this morning at 12,001.11 have amounted to an incredible 85.5% move. Still there are many individuals, hedge funds and mutual funds that have not kept pace with these stellar returns. Timing is everything!   There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at