Place Whirlpool Corporation (WHR), first discussed here on March 13, 2009, at a price of $34.47, in the not-for-squeamish-investors category.

Appliance manufacturer extraordinaire Whirlpool's stock over-corrected last summer, formed a bear-hug, bottomed at/near $69.50, then recovered to about $90 during the winter -- before recently sliding back to $84. Translation: a roller-coaster -- something that one generally does not see with an industrial player. Even so, I still like WHR here. But hold on to your hat if you own the shares -- the bumpiness could continue in 2011.

And if you haven't already, consider taking some provides off the table with WHR, if you're in at/near $34.50.

If you took advantage, as outlined, of Whirlpool Corporation's (WHR) autumn dip, to scoop-up some shares, you made the correct move.

Appliance manufacturer extraordinary Whirlpool, first discussed here on March 13, 2009 at a price of $34.47, over-corrected this summer, formed a bear-hug, and bottomed at/near $69.50, slightly below the expected $71 bottom.

Look for WHR to generate a 4-6% revenue increase in 2011, after a likely 5-7% revenue rise in 2010, led by strong demand for kitchen and laundry appliances in emerging markets. Latin America sales (especially Brazil) should be particularly strong -- rising better than 10% in 2011 and 2012. U.S. sales should continue to gain momentum in 2011, with a 2-4% rise expected.

Appliance manufacturer extraordinaire Whirlpool Corp's (WHR) shares, first discussed here on March 13, 2009 at a price of $34.47, over-corrected this summer, and formed a bear-hug.

Typically, that technical move would generate a stand-aside view, but Whirlpool's business model gets the benefit of the doubt here, and the calculation is that a bottom is in place at/near $71.

Look for WHR to generate a 4-6% revenue increase in 2011, after a likely 4-6% revenue rise in 2010, led by strong demand for kitchen and laundry appliances in emerging markets. Latin America sales (especially Brazil) should be particularly strong -- rising better than 10% in 2010 and 2011. U.S. sales should continue to gain momentum in 2011.

As expected, Whirlpool Corp. (WHR), first discussed here on March 13, 2009, at a price of $34.47 and due for a breather after an impressive one-year run-up, pull-backed this spring. But investors who can tolerate moderate-risk should consider the roughly 28% correction as as a decent time to scoop-up shares. Here's why.

Look for Whirlpool to post a 4% to 6% revenue increase in 2010, then a 5% to 7% rise in 2011, lead by strong demand for kitchen and laundry appliances in emerging markets. Latin America sales should be particularly strong, rising better than 10% in 2010 and 2011.

It may be time to take some profits off the table with Whirlpool (WHR), first discussed here on April 13, 2009 at a price of $34.47. If you bought WHR then, you're up more than 100%.

But this does not mean there isn't more upside ahead for Whirlpool, for those investors who can tolerate the risk and to want to go for an even bigger gain.

As expected, Whirlpool Corp's (WHR) stock is rising in unison with the strengthening global economy, and that's a major reason I'm reiterating my buy rating for the company's shares, first recommended on March 13, 2009, at a price of $34.47. If you bought in March 2009, you're up an impressive 137%.

However, this will probably be your last chance to purchase WHR and earn an outsized gain during this economic expansion.

Maytag, which is part of Whirlpool Corp. (NYSE: WHR), has found some problems with some of its washing machines that are forcing a recall of around 2.3 million appliances.

Faulty wiring in some of the company's Maytag and Jenn-Air brand dishwashers has so far led to a reported 135 fires and four injuries. According to the company, the problem has to do with liquid rinse-aid leaking from the appliance's dispenser into internal its wiring, causing the appliance to ignite.

This recall could effect consumers who purchased an under-counter or portable plastic tub dishwashers with black, white, almond, bisque or stainless steel front panels between July 1997 and June 2001.

Maytag will be offering owners of these appliances two different options for dealing with their faulty dishwashers: Either free home repair, or a $75 credit towards the purchase of a new machine.

If you think this recall could effect you then you would want to contact Maytag at 1-800-675-0535 or visit the company's Web site at http://www.repair.maytag.com.

Michael Fowlkes has worked as a stock trader for seven years and spent the last two years working as an analyst for the online investment advisory service Investor's Observer.