| TOP PICK | | Bombardier Inc (B) | BBD.B-T | 7.170 | Thinks this will be the beneficiary of the long-term theme of trains transporting people. Also, airlines are updating their fleets globally. Could be immune to the business cycle. His stoploss is $6.30. | 2008-07-03 | |
| TOP PICK | | Cameco Corporation | CCO-T | 42.500 | Thinks that a lot of the alternate energy plays are not going to work but uranium is here to stay. This is a long-term theme. | 2008-07-03 | |
| TOP PICK | | Goldcorp Inc | G-T | 46.600 | Thinks gold will be okay for 3 or 4 months. This is one of the few gold stocks that has made a 52 week high. | 2008-07-03 | |
| PAST TOP PICK | | Barrick Gold | ABX-T | 46.280 | (A Top Pick July 30/07. Up 28%.) Chart shows higher lows. Thinks it will run up to at least the old high of January. For the time being, this is the time to own gold stocks. | 2008-07-03 | |
| PAST TOP PICK | | IMAX Corp. | IMAX-Q | 6.290 | (A Top Pick July 30/07. Up 30%.) Had a nice breakout in December. Now forming an ascending triangle. Thinks the stock still has some future. | 2008-07-03 | |
| PAST TOP PICK | | Sears Canada | SCC-T | 24.990 | (A Top Pick July 30/07. Down 15%.) Had thought the parent company would be taking it over. Had a bottom in January and a higher low in June so it is starting to look good again. | 2008-07-03 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Crude: As it goes up, there is a point where the economy can't stand it. Thinks the magic number is around $130. Dow Transport chart shows a high in 2007 and trying to make a new high in May 2008. Transports are economically sensitive and are a bellwether. As soon as crude broke above $130, transports immediately nose-dived. As long as it stays above 130, the more trouble we've got and it extends the bear. There are signs that crude is getting tired. A lot of the energy stocks are not behaving well and there is some divergence between the stocks and the price of crude. | 2008-07-03 | |
| BUY | | Yamana Gold Inc. | YRI-T | 16.190 | Gold is counter cyclical to most markets. This one is at the bottom and he thinks is one would try to run up to the old top. | 2008-07-03 | |
| DON'T BUY | | Potash Corp of Saskatchewan | POT-T | 220.000 | Agricultural stories are very old ones and he doesn't like old stories. You want to arrive at parties early and this one started 2 or 3 years ago. Currently at the top of its channel and you want to get involved at the bottom of the channel. The danger is, the lower channel it eventually gets broken. Would be careful and let it settle down a bit. | 2008-07-03 | |
| DON'T BUY | | Agrium | AGU-T | 100.940 | Agricultural stories are very old ones and he doesn't like old stories. You want to arrive at parties early and this one started 2 or 3 years ago. Currently at the top of its channel and you want to get involved at the bottom of the channel. The danger is, the lower channel it eventually gets broken. Would be careful and let it settle down a bit. | 2008-07-03 | |
| Comment | | ECU Silver Mining Inc. | ECU-X | 2.330 | In the early stages of a bull market of a secular uptrend small caps do better than big caps. In the later stages, you're better off to stick with the big caps. This one is an under performer. If you want to buy, put a Stop at its recent low. | 2008-07-03 | |
| DON'T BUY | | iUnits S&P/TSE Energy E.T.F. | XEG-T | 108.250 | A strange ETF. Structure is not satisfactory. Have about 60 stocks with a lot of energy trusts, integrated producers, explorers and service companies. A hodgepodge. When you look inside, some will do better than others. The uptrend was recently violated. Topping out when crude is making new highs. | 2008-07-03 | |
| BUY | | Talisman Energy | TLM-T | 21.070 | This is a laggard, which is good. It eventually broke out but has now backed down and is testing. This might be a good entry point. | 2008-07-03 | |
| WEAK BUY | | Timminco Ltd. | TIM-T | 24.770 | A very slippery high-risk name. It is back down to the lower end of the trading channel so if you were going to enter the stock, this would be the place to do it. Bear in mind that every trend line is ultimately broken. Make sure you have a stop. | 2008-07-03 | |
| Comment | | Research In Motion | RIM-T | 119.880 | Is always too expensive. Keeps growing into its earnings. Thinks it will continue going up. Suggests you buy the iUnits Info Tech (XIT-T) which is about a third of RIM and you get all the rest. | 2008-07-03 | |
| Comment | | Questerre Energy | QEC-T | 3.100 | Technicians never buy into price spikes. If you own, you have been drawn into a compelling story. If the stock runs up again, fails to make a new high, your exit point would be at the last low it has made. | 2008-07-03 | |
| Comment | | Rogers Sugar Income Fund | RSI.UN-T | 4.490 | It is now back into support again. Not sure if high input costs caused it to drop. You are probably okay to buy it here. In a market like this, he would prefer a trust that has infrastructure such as pipes, lines and utilities. | 2008-07-03 | |
| Comment | | Western Canadian Coal Corp. | WTN-T | 7.500 | (Market Call Minute.) Doesn't like spikes. If it rallied a bit, he would get out. Don't let it violate its June low. | 2008-07-03 | |
| BUY | | Kinross Gold | K-T | 23.380 | (Market Call Minute.) Thinks it will run back to its old top. The old high is your spot. | 2008-07-03 | |
| Comment | | Chesapeake Energy Corp. | CHK-N | 66.780 | (Market Call Minute.) Thinks the chart is wedging. If it starts to fall out of it, say goodbye. | 2008-07-03 | |
| BUY | | Thompson Creek Metals | TCM-T | 17.590 | (Market Call Minute.) Has some support at its current level. Has been out of favour for a while, which gets him interested. Put in a stop. | 2008-07-03 | |
| Comment | | Visa Inc. | V-N | 78.070 | An IPO that hasn't been out too long so he can't chart it easily but it does have a symmetrical triangle. This one seems to be trying to come out the bottom. Look at MasterCard (MA-N) and see how it is doing. If it violates the trend line he would exit this one. They will both do the same thing. | 2008-07-03 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Financials: Ultimately there will be an entry point for the banks. Financials hit their critical low in March. Dropped today but at a higher low. If the higher low can be held it is probably quite good. If you are a traitor or want to take on some additional risk, buy the bank that has made the lower low. It might spring act more. | 2008-07-03 | |
| WATCH | | NAL Oil & Gas Trust | NAE.UN-T | 16.740 | Chart indicates a rising wedge the last few months, which is bearish. If it violates the low in June, he would start reducing. The sector itself is clearly running out of steam. | 2008-07-03 | |
| HOLD | | Railpower Technologies Corp | P-T | 0.540 | Has higher lows. The worst could be over. | 2008-07-03 | |
| HOLD | | 5N Plus | VNP-T | 10.600 | Watch the lows. You don't want it to take out the lows. Be patient with it. | 2008-07-03 | |
| Comment | | Nortel | NT-T | 7.750 | This is a hated stock and you want to own a hated stock when it is not making new lows. Hit a higher low, which is what you want with good volume. Technically, the place to buy would be when it breaks above its June peak of about $10.50. | 2008-07-03 | |
| TOP PICK | | Fort Chicago Energy Partners | FCE.UN-T | 10.530 | Has had a bit of a run lately, so short-term indicators are going to give you a Sell signal, but looking at the longer-term weekly charts, you're still getting a Buy. This is a large infrastructure play and he thinks the distributions are secure. Use a $10 Stop. | 2008-01-09 | |
| DON'T BUY | | Research In Motion | RIM-T | 99.420 | Thinks it peaked at the end of 07. Long-term it is probably going to go higher but needs a break. There will probably be quietness for quite a while. There are a number of lower highs, which is a caution. | 2008-01-09 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Technology Stocks - He would be very cautious on any technology stocks until there is some kind of a bottom on the semiconductors. | 2008-01-09 | |
| PAST TOP PICK | | ATS Automation | ATA-T | 5.160 | (A Top Pick Feb 1/07. Down 56.9%.) This stock was torpedoed and it usually takes a long time to recover from a torpedo. It is probably improving and if you own it, wait it out. | 2008-01-09 | |
| PAST TOP PICK | | Bombardier Inc (B) | BBD.B-T | 5.730 | (A Top Pick Feb 1/07. Up 27.9%.) Still likes. A great long-term play. Use a stop of $5. | 2008-01-09 | |
| PAST TOP PICK | | SNC-Lavalin Group Inc. | SNC-T | 44.510 | (A Top Pick Feb 1/07. Up 28.7%.) An infrastructure long-term play. | 2008-01-09 | |
| TOP PICK | | Rogers Sugar Income Fund | RSI.UN-T | 4.940 | He looks on this as a hidden play on agriculture. It's a way to play soft commodities and is overlooked. It is trying to break out. Nice uptrend. Use $4.25 Stop. | 2008-01-09 | |
| TOP PICK | | Sprott Molybdenum Participation Corp. | MLY-T | 4.640 | There is a lot of bullishness in scarce metals. This is a good way to get a basket of molybdenum stocks. This had a low in August and a higher low in December and has rallied. Technically it looks good. | 2008-01-09 | |
| WAIT | | Biovail Corp. | BVF-T | 13.200 | Has been down for a while and has been a big disappointment. Money is flowing into healthcare and is regarded as a defensive sector. Chart looks like a falling wedge, which is bullish. Wait to see if it breaks out and in volume. | 2008-01-09 | |
| BUY | | Uranium Participation Corp. | U-T | 10.920 | Probably a good way to play the uranium sector. There is a lot of risk in buying individual plays. This has already corrected nicely and you are now into support. As long as you have a long-term perspective, you are probably OK. | 2008-01-09 | |
| SELL | | Stella-Jones Inc. | SJ-T | 39.000 | Very thin trader that everybody get excited about, probably because they had no competition. Has broken its uptrend, which indicates the run is over and could trade sideways for quite a long time. Be very careful. | 2008-01-09 | |
| WATCH | | Connacher Oil and Gas | CLL-T | 3.710 | Likes the consolidation period that this has been in. You can start to do a move once it breaks out about $4. Prefers gassy plays over oil. | 2008-01-09 | |
| DON'T BUY | | UTS Energy | UTS-T | 5.510 | This one depends on if you are a real believer in the oil sands. It's a long-term play. It might be another year or two before it moves. You'd probably have to have crude state above $100 to get this thing going. | 2008-01-09 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | OIL - Chart shows an uptrend from August on, but a wedge is forming, which is short term bearish. | 2008-01-09 | |
| SELL | | BCE Inc. | BCE-T | 38.290 | The market seems worried about this one and when it worries, he worries. His attitude is, reduce. Take some profits. | 2008-01-09 | |
| SELL | | Wi-Lan Inc. | WIN-T | 2.240 | He doesn't like patent plays, particularly with small players. Intellectual property is a tough nut to crack. The chart shows lower lows and lower highs. | 2008-01-09 | |
| WAIT | | Teck Cominco Ltd. (B) | TCK.B-T | 34.290 | Doesn't think the weakness in base metals is over yet and would wait it out. There was almost a double top last summer with a lower high. Chart also indicates it had a rising wedge before falling. | 2008-01-09 | |
| DON'T BUY | | Brookfield Asset Management (A) | BAM.A-T | 31.820 | A bear market can be tough on good companies. He can't see any bottom on this one. This one tops even before the banks. It is in a vicious downtrend. | 2008-01-09 | |
| DON'T BUY | | Oilexco Inc | OIL-T | 12.740 | Long-term chart shows a peak in the latter part of 07. It is now moving down. Let it unwind and do what it is going to do. | 2008-01-09 | |
| DON'T BUY | | Guyana Goldfields Inc. | GUY-T | 7.100 | In a nasty downtrend and he sees no sign of this abating. It is below support. 52-week low is probably just around the corner. | 2008-01-09 | |
| SELL | | Timminco Ltd. | TIM-T | 15.000 | Silicon production that goes into solar panels. Basically a rare space, concept stock. When you have a bull market, everybody gets excited and there is a lot of money to be made, but bear markets have no patience for them.. Thinks it had a spike top in late December. If you own, consider reducing. | 2008-01-09 | |
| Comment | | Gammon Lake Resources | GAM-T | 8.380 | Long-term chart shows an under performer when compared to other golds. With an under performer in a sector, you should reduce or wait until it outperforms. Seems to be a lot of support around the $8.00 mark and the short-term chart shows a falling wedge, a bullish indicator. It breaks out of this wedge that is a very good sign. | 2008-01-09 | |
| DON'T BUY | | Agrium | AGU-T | 69.110 | Both Agrium (AGU-T) and Potash (POT-T) show spikes. There is a lot of overcrowding in these stocks. They have had quite a run and they need a break. | 2008-01-09 | |
| DON'T BUY | | Potash Corp of Saskatchewan | POT-T | 139.070 | Both Agrium (AGU-T) and Potash (POT-T) show spikes. There is a lot of overcrowding in these stocks. They have had quite a run and they need a break. | 2008-01-09 | |
| Comment | | Talisman Energy | TLM-T | 19.170 | (Market Call Minute.) Buy it at the bottom of its trading range and when it gets to the top look for a Sell. Nice trading Stock. | 2008-01-09 | |
| BUY | | Loblaws | L-T | 35.360 | (Market Call Minute.) You're probably okay, but do not let it make a 52-low. | 2008-01-09 | |
| SELL | | Kingsway Financial Services | KFS-T | 12.390 | (Market Call Minute.) Wouldn't touch this one now. Something is still wrong. | 2008-01-09 | |
| SELL | | Yamana Gold Inc. | YRI-T | 15.850 | (Market Call Minute.) Has almost made a double top. Too many people in it. | 2008-01-09 | |
| SELL | | Lundin Mining Corp. | LUN-T | 8.530 | (Market Call Minute.) He would be a seller in this whole sector. | 2008-01-09 | |
| TOP PICK | | Emera Inc | EMA-T | 20.850 | Thanks this one will work higher. Hit a higher low in October. Sort of a flight to safety. 4.4% yield. Doesn't see much downside. | 2007-11-13 | |
| TOP PICK | | Tim Hortons | THI-T | 37.310 | This is a safety play. Consumer discretionary. One could argue that there was a large inverse head and shoulders from February to now. | 2007-11-13 | |
| TOP PICK | | BetaPro S&P/TSX 60 Bear E.T.F. | HXD-T | 20.820 | This is not a recommendation for individuals who want to go short on the market, but is using it as an insurance product. If you have a balanced portfolio and you are nervous about the market, rather than selling your securities and you have a bit of cash; you can put it in this, no more than 10%. It'll cushion the down side. | 2007-11-13 | |
| PAST TOP PICK | | Jean Coutu Group (PJC) (A) | PJC.A-T | 12.780 | (A Top Pick Dec 6/06. No change.) Picked this as a defensive holding. MACD shows a bit of a positive divergence setting up, so you could be okay. | 2007-11-13 | |
| Comment | | Uranium One Inc. | UUU-T | 8.230 | Uranium was a commodity where everybody wanted to be. The party for this one ended when it's trendline was broken in May. Looks like it may have had an A, B, C correction, so if you are a trader you could possibly enter it at this point. Long-term investors should wait and let it form a base. | 2007-11-13 | |
| Comment | | Barrick Gold | ABX-T | 40.670 | Still trending upward. Had a nasty down day yesterday, but this is normal. Because the stock is interlisted, if the Cdn$ softens just slightly against the US, it will help this company on an interlisted basis. | 2007-11-13 | |
| DON'T BUY | | Savanna Energy Services | SVY-T | 15.500 | This stock is going down, so he would avoid it. | 2007-11-13 | |
| DON'T BUY | | Breakwater Resources | BWR-T | 2.060 | Broke out at about $2 in April and was followed by a big run-up. It then had a corrective period, with a little bit of a trading low. Went up again but then broke the low. Formed a double top. It's a mess. If you own it, don't let it go much under $2. | 2007-11-13 | |
| PAST TOP PICK | | Onex Corp | OCX-T | 37.520 | (A Top Pick Dec 6/06. Up 27.6%.) The chart still looks pretty good. He likes that it did not violate the summer low. Also, it recently came out with bad news and the stock rebounded today. | 2007-11-13 | |
| PAST TOP PICK | | Cameco Corporation | CCO-T | 41.810 | (A Top Pick Dec 6/06. Down 5.9%.) It is higher now than it's low in August, so it remains one of the stronger uraniums. If you liked the long-term story of uranium, this is probably the way to go. He likes the long-term story. | 2007-11-13 | |
| WATCH | | Canfor Corp | CFP-T | 8.150 | Probably not a bad idea to look at it, but he does not like bottom fishing. He doesn't see any sign of a bottom yet in housing stocks. Watch this to see if it rallies and then makes a new low. | 2007-11-13 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Market Outlook - Earlier in the year financials rallied, made a peak, corrected and then failed to make a new high. They then broke their low mid summer. That was a signal of the top. Are we going to have 1) long down bear like we had in the 70s 2) short, dirty bear or a 3) flat rotational bear. He thinks the latter because the commodities continued making new highs and are now correcting. In other words, half the market is doing one thing and half is doing the other. | 2007-11-13 | |
| DON'T BUY | | Quadra Mining Ltd | QUA-T | 17.270 | Most of the mining stocks look much the same. This one has been in an uptrend since March and then had a trend line violation. There has been quite a run on commodities and he thinks we are starting to get a rotation away from commodity sensitive stocks into disinflationary stocks. | 2007-11-13 | |
| Comment | | Viterra Inc | VT-T | 11.650 | Has been going in an uptrend for a while and is still moving up. As long as it doesn't violate the trendline, you are probably okay. Just watch the trendline. | 2007-11-13 | |
| BUY | | Shoppers Drug Mart Corp | SC-T | 54.800 | This looks like it wants to go up. Had a scary down in July but has rallied back and had a breakout. Technical analysts like to buy early on a breakout. Money managers are probably going to be looking for stocks like this. Because of market conditions, this would be a “nervous” buy for him. | 2007-11-13 | |
| BUY | | Bombardier Inc (B) | BBD.B-T | 5.360 | Very powerful breakout in June. Lows in August and November are pretty much the same and slightly above the gap at the beginning of the breakout. Has corrected very nicely back down to support. He doesn't use MACD a lot, but likes it for looking for divergence. MACD had a higher low giving a positive divergence. | 2007-11-13 | |
| DON'T BUY | | Russel Metals | RUS-T | 28.130 | Yield of 6.3%, which is quite high and would frighten him.. Stock had quite a long uptrend, which was violated in July. Commodity sensitive and he doesn't think the down is over yet. | 2007-11-13 | |
| HOLD | | Trinidad Energy Services | TDG.UN-T | 10.510 | This trust has a very great story behind it, which a lot of institutions liked. However, the trend line was broken in June and the stock is now in decline. Part of this may be due to talk that they may un-trust. Feels it is into very deep support, so if you have it, he would continue to hold. | 2007-11-13 | |
| DON'T BUY | | Teck Cominco Ltd. (B) | TCK.B-T | 41.700 | Had a very long up trend line, which was violated in July. Feels there is too much interest in mining stocks. When there is overcrowding in a sector, something bad happens. The August low is important, so if you are in this stock don't let it violate that low. | 2007-11-13 | |
| BUY | | Kirkland Lake Gold | KGI-T | 13.460 | On a relative basis, this is one of the stronger gold stocks. Trying to break out of $14.50. If you are in it, he would stay and see if it breaks out. Although gold is down, this stock is up. If you are looking for a gold stock, this is one he would consider. | 2007-11-13 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Gold - The recent spike is just short of an all time high so you might consider this as the overhead resistance. If gold stays in its trading range where it is now, if the Cdn$ calms down a bit maybe gold stocks play catch-up. There may be opportunities in the stocks. | 2007-11-13 | |
| DON'T BUY | | Starbucks | SBUX-Q | 23.990 | This is in a long downtrend and you just don't argue with down trends. | 2007-11-13 | |
| SELL | | Rogers Communcations (B) | RCI.B-T | 45.310 | Rogers (RCI.B-T) and Telus (T-T) have been leaders for a long, long time. They have broken their up trends and he thinks it's a serious break. So he would be reducing both of these names. Another reason is that it is highly owned by institutions and they will be cutting back. | 2007-11-13 | |
| SELL | | Telus Corp | T-T | 51.280 | Rogers (RCI.B-T) and Telus (T-T) have been leaders for a long, long time. They have broken their up trends and he thinks it's a serious break. So he would be reducing both of these names. Another reason is that it is highly owned by institutions and they will be cutting back. | 2007-11-13 | |
| DON'T BUY | | Allen-Vanguard Corp. | VRS-T | 9.950 | Market Call Minute - Market is too frothy and he is nervous about this. Very high Beta. | 2007-11-13 | |
| DON'T BUY | | Talisman Energy | TLM-T | 18.890 | Market Call Minute - Looks like it had a huge top from April to July and has too many lovers, so he hates it. | 2007-11-13 | |
| WAIT | | Biovail Corp. | BVF-T | 16.500 | Market Call Minute - Interesting, but it keeps going down and making new lows. | 2007-11-13 | |
| BUY | | Allstate | ALL-N | 54.660 | Market Call Minute - Could be showing a double bottom in August and November. No big hurricanes. There could be a flight to safety here. | 2007-11-13 | |
| TOP PICK | | Barrick Gold | ABX-T | 39.740 | Believes that this stock is lagging and it will go higher as gold prices go higher. | 2007-10-17 | |
| TOP PICK | | Bombardier Inc (B) | BBD.B-T | 5.870 | It is in a nice corrective period and believes that it will go again in the next few weeks. | 2007-10-17 | |
| TOP PICK | | Tim Hortons | THI-T | 35.620 | Believes it is the place to be. It is a must own stock if you are nervous about the market. | 2007-10-17 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Technical Analyst Perspective- Believes we are in a bear market. A lot of the sectors are faultering. Small caps are weak. It will be "tough sledding". Believes that crude oil is a bit overpriced and natural gas has been improving. If you are looking for opportunities there are bargoons in the producers and income trust side of natural gas. | 2007-10-17 | |
| SELL | | Timminco Ltd. | TIM-T | 16.000 | Maybe has seen the best money out of it. Time to take some off -reduce. | 2007-10-17 | |
| HOLD | | Orvana Minerals | ORV-T | 1.070 | Believes that the stock will go higher. | 2007-10-17 | |
| BUY | | McDonalds | MCD-N | 56.960 | Right place and right time for this stock. Trend is up as long as the U.S. dollar is lower.
| 2007-10-17 | |
| WATCH | | Wi-Lan Inc. | WIN-T | 3.760 | If you own this stock don't let it go below $2.50 on a weekly basis. Watch the volume. | 2007-10-17 | |
| SELL | | Canadian National R.R. | CNR-T | 51.430 | Rails have been a good story. He wouldn't add, recommends reducing if you have it. Be cautious with this group, believes it has been oversold. | 2007-10-17 | |
| PAST TOP PICK | | Onex Corp | OCX-T | 37.960 | Then 28.60 up 31%
Still a lot of upside.
He doesn't own anymore, sold during consolidation. | 2007-10-17 | |
| PAST TOP PICK | | Cameco Corporation | CCO-T | 43.510 | Then $44.26 down 1%
Was hit by some bad news, he bet on a laggard. It's still a laggard.
As a long term play still has possibilities, but it's risky right now. | 2007-10-17 | |
| PAST TOP PICK | | Jean Coutu Group (PJC) (A) | PJC.A-T | 13.100 | Then 12.67 up 3.3%
A safe consumer concessionary play, probably still is. | 2007-10-17 | |
| WATCH | | Rider Resources Ltd. | RRZ-T | 5.200 | Caller asked if there was a connection between natural gas and oil.
Doesn't think so. Different forces at work here.
Natural gas is totally unloved at the moment.
From chart, it had a drop hit a low, had a slight rise, then another drop to a new low. That's the clue that it's a laggard.
He would prefer to buy when it moves up.
Watch other stocks in this sector, (10 peers, and the energy sector gas trust). When they start to move this one will follow. | 2007-10-17 | |
| WATCH | | CAE Inc | CAE-T | 12.980 | Long term is going higher. In a terrific sector. In a corrective period, but thinks it is a correction on the way to higher prices.
Watch the peers. If it doesn't break through the low level of around 12.5 will be ok. | 2007-10-17 | |
| VAGUE | | Thompson Creek Metals | TCM-T | 24.000 | Has higher lows, and higher highs. (the low dips are getting higher, and the highs are reaching higher as well). This indicates it's good, but it's near the top of it's current high which is showing signs of getting weaker. | 2007-10-17 | |
| BUY | | iUnits Gold S&P/TSX E.T.F. | XGD-T | 75.960 | Ishares are better then straight Barrick, since Berrick owns about 20% of Ishares, and this will give a bit more diversification.
Also consider buying the pure gold "ETF".
What usually happens during the last stage of an advance is that the buyers get more picky about the stocks that they pick so few stocks will make the same advances, whereas in the first stages of the advance (2001), all the gold stocks moved forward. | 2007-10-17 | |
