RE:RE:RE:RE:RE:RE:RE:PatienceCountryboy yo seem to read things and miss some key points. I don't insult posters and I definitely don't insult their wives. Also I would not categorize anybody here as a "friend". At best they can maybe be considered a friendly poster that I can benefit from their posts. Someone consistently posting FUD or FOMO is not on my "friend" list and my responses should indicate that.
example:
Cobalt and his views about holding oil and energy during August and September:
Sell and buy ai in October.
Bank analyst:
EQUITY RESEARCH
August 31, 2023 Industry Update
Risk And Opportunity – How You Think Is Everything
CDN Matrix Portfolio – September 2023
Our Conclusion
September doesn’t have a good reputation and has proven to be the worst
month of the year, particularly from a hit-rate perspective. Over the past 10
and 30 years, September has produced an average loss of -0.70% and -
1.10% for the TSX and SPX, respectively, with only 45%-50% frequency of
positive observations. Hence, our natural inhibitions for wanting to make any
bold calls for the month of September – history may not repeat itself, but it
tends to rhyme. It also merits noting the last two weeks of the month tend to
be weakest. Our work shows that in the past 30 years, Consumer
Discretionary, Industrials, Technology, and Materials have printed negative
returns at a rate of 55%. Comparatively, from a return and hit-ratio
perspective, the Energy sector has generally been the brighter spot in both
Canada and U.S. with average returns of +0.3% (+58%) and +0.7% (+58%)
respectively.
I'll go with the analyst...