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November Stock-Slayer Report

NEW YORK ( TheStreet) -- The Sumichrastreport.com basket of stocks, or as it has come be known, the S&P 500 Stock-Slayer Portfolio, fell last month. After being up 45%, it was up just over 32%, since its inception on Feb. 10, 2009 (see chart at end). Despite this 30% dropoff, the portfolio still beat the S&P, which returned 25% over the same period.

I have contended that people need to bury 'buy and hold,' and take the reins of their investments; i.e., take "stock" of your stocks on a continuous basis and forget the old-fashioned "buy and hold" strategy.

Did my strategy really pay off? It appears that it did. If you held on to all the 14 stocks I recommended since February, you would be up 29.92%, vs. recalibrating the portfolio and returning 32.19%.

Overall, I am very nervous about equities and, therefore, I have not added any new names to my list at this time. For the remaining six stocks in my portfolio, here's what I would do:

Pulte Homes (PHM - Get Report): At the end of September, I set a sell limit of $13.00. I missed the boat. It's now $9.01. I really don't like to double down, but I still think housing's recovery (albeit slow) will lift this "boat" back in the money. Hold.

General Electric (GE - Get Report): At least we are still ahead of our entry point of $11.62, but if these markets start to turn down, I could issue an "abandon ship" order. Hold.

Huaneng Power (HNP - Get Report): Down 12% since I first recommended it, HNP had a mid-month run in October, just to retreat as most China stocks suffered in the last 10 trading days. Hold.

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SYM TRADE IT LAST %CHG
CBEH $0.11 8.37%
BAC $16.11 0.00%
GE $27.31 0.00%
HNP $57.33 0.00%
QKLS $2.76 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

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