RE: Hope you made money TickerI may have sold a bit low but I still have some concerns over interest rate hikes. If I see that rates are not going to continue upward but rather start to retreat, I will then use that as confirmation the economy is going to start rolling again. That too me is the oppurtune time to buy. I just don't feel we've hit bottom and I think todays market showed that their is still alot of volotility. I don't feel bad about selling, actually I'm happy to be holding a percentage of cash while I wait out this correction.
Some of my favorite stock picks are EIT.UN SDT.UN COS.UN CKI WLE NVA AUR. I like the first three for the dividends which in times like this are a nice defensive play. CKI just a solidly managed value stock that slowly but surely rises. WLE is merging to become the third largest driller, so things are exciting thier. NVA well waiting for natural gas to pop and then it paysoff as I bottom fed on that one. AUR is a good mining play which has alot of potential for more growth. Again good luck on this one, it will come around some day and reward its investors. Who knows once we get rolling again I may jump back into it.
Ticker