Protect Yourself from the Spanish Rally

We are back in a see-saw market environment-t again. For most investors, attempting to trade your way through is a recipe for loss. If you are patient you can nibble on some big-name, high-dividend stocks like Santander, France Telecom (FTE) or JPMorgan (JPM), which will pay you while you wait. And given the disdain for these stocks today, odds are you will be in good shape a year or two down the road. Otherwise, use a rally intelligently as an opportunity to sell high.

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