11.   Consider, for example, the people who tried to profit by listening to Robert Prechter, the once legendary stock picker from Gainesville, Ga.

12.   Credit the Internet stock pickers.

13.   Driving the stock upward was Tokyo Joe, the Internet moniker of Joe Park, who owned burrito restaurants in New York before becoming a stock picker.

14.   Earnings performance is far more important for stock pickers this year than it was last year, Galvin says.

15.   For some stock pickers, the analysis in such situations is straightforward.

16.   For example, index-fund investing may no longer produce results superior to those obtained by seasoned stock pickers.

17.   Franklin completed its purchase of Heine Securities, the mutual fund group of famed stock picker Michael Price, in November.

18.   Franklin, for instance, agreed in June to buy the mutual fund company of famed stock picker Michael Price.

19.   Hamilton tells his clients to stick with mutual funds rather than trying to be your own stock picker.

20.   He is an old-fashioned stock picker.