Here's where it gets tough for investors...
As longtime DailyWealth readers know, you can make huge gains as a stock goes from "bad to less bad." But should you buy at "things are great" levels?
In the depths of the credit crisis, I recommended buying shares of super major oil producer ConocoPhillips COP to readers of the S&A Resource Report. Shares had been clobbered and were trading for around $46.
We endured a small dip just after purchasing the stock in February 2009, but as you can see from the chart below, it's been a big run higher ever since. The past five months in particular have been incredible for this income producer...
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