This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Dykstra: Sell Into Strength

March Madness is upon us, and scorecards in Sports Illustrated's 2009 NCAA Tournament Preview suggest that you don't want to pick your team based on the number of players who perfected their free-throwing technique way back when in the family driveway.

UCLA guard Darren Collison may have the best scorecard, making free throw shots 91.2% of the time. But Utah has the best overall average this season, at 78.4%. Still, Utah doesn't even have one of the top 10 free-throwers. No matter. The better free-throw-shooting team does not have an edge in games where free throws decide the game. In fact, the best free-throw teams only win about half the time in games decided by up to three points, according to SI's data.

Nails on the Numbers

Any one player can be the best free-thrower, but it's consistency across the whole team that matters most. The same is true in stock strategies: Anybody can make an outstanding pick, but it's consistency across the record that counts.

My deep-in-the-money (DITM) call options trading system, which you can follow through my Nails on the Numbers newsletter, has such a record: 96-1. It's a winning streak I'm proud of.

In the past week, I've gone for Microsoft (MSFT), Hewlett-Packard (HPQ) and -- yesterday's pick -- Halliburton (HAL). I expect all these picks to ring the bell for me this year. Both Microsoft and Halliburton won for me repeatedly last year.

Other big bets that paid off handsomely in 2008 include picks General Electric (GE), Archer-Daniels-Midland (ADM) and Garmin (GRMN).

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,104.26 -2.44 -0.01%
S&P 500 2,001.36 +1.34 0.07%
NASDAQ 4,574.4290 +3.7920 0.08%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs