In the previous couple of posts, I suggested the standard method of portfolio protection would be to take heed of the go away in May (and the looming head and shoulders), and come back late fall. In particular, because I follow only the Canadian exchanges, this particular yearly phenominum has a consistent meaning. Had I filled the pages with what I consider to be wasted breath while waiting for something of note to print, the point would have been missed listening to myself patter on, leaving a huge pile of bung that would keep any person, who may have been reading i,t from making the connection to today's post. Alas, I'm sure it was a test of patience.
As well, I like to keep posts short; it seems that those of my persuasion like to be able to do the dirty without much reading, so that long winded posts often only get scanned with the real meat, often being mis-interptreted, which then leads to some newbie crack while eating glass from the crystal ball.
Therefore, I often break up posts with posts, such that each post provides the pause that refreshes. Buy my own measure.... it was certainly the right thing to do as the usual market drop occurred with startling accuracy, and as usual the mainstream cooked up a complicated scenario that would be their epitaph in hind site, for a happening that would have taken place without any speculation on their part. Talking heads.
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