ChrisJ, I have used the Dogs of the Dow approach myself. Except I tweaked it, and used those Dogs that I thought had a better hope of recovery. My mistake was holding on too long. Delphi, DuPont and Caterpillar were 3 of the stocks I picked at that time. I just sold CAT, and the money I made almost made up for the money I lost on Delphi:) I will make sure I do it right next time!

What do you think about commodities, or the Jim Rogers International Commodities Index Fund? The supply-demand imbalance should cause a bull run for commodities for many more years.