What to Do If All Those Bullish Calls for '11 Are Right

	Price		Change	%Change
FORW RE LS		---
GPI		---
HIG		---
LTD		---
LVS		---
M		---
MET		---
MW		---
NIHD		---
OC		---
ODP		---
OMX		---
OZM		---
PNK		---

Beware Volatility

To be sure, not everyone is quite as bullish, even though there seems to be general consensus that the year will be positive, even after stocks have staged an 85 percent rally off the March 2009 crisis lows.

LPL Financial sees "range-bound" single-digit returns with fiscal and economic concerns causing volatility in the markets. The Boston-based firm recommends stocks in companies with exposure to movements in foreign currencies, which are likely to stay ahead of the US dollar, as well as bonds and commodities.

In that type of environment, an old-fashioned approach may be best.

"Investors with more opportunistic profiles may benefit from a tactical approach to investing in order to find attractive opportunities when offered and successfully take profits when appropriate," LPL said in its 2011 outlook. "Long-term strategic investors should consider remaining broadly diversified."