OTCQX:PALAF - Post by User
Comment by
madbiker44on Mar 19, 2007 6:52pm
561 Views
Post# 12447071
RE: ******SPECIAL ALERT******
RE: ******SPECIAL ALERT****** franknstein,
You must understand that the TSX comprises a very small portion of the global market thus, the Canadian budget that didn't include a reduction in captial gains tax plays a very small part in why PDN or any other Canadian stock spiked today. I don't buy that arguement.
At this point you are making assumptions on future market direction based on events that have not yet occured. In my books that is called a coin toss or at best a lucky guess should half of your predictions come to fruition.
I said it before and I will say it again," The biggest overall gains in the market is reached by those investors who buy quality growth stock and hold until a desired goal is reached".
I've learned the hard way by playing your game of trying to time the market. It's hit and miss at best but, in this bull market, it's more likely a miss!
Good Luck.....Mad