TSX:MMP.UN - Post by User
Comment by
spazzmanon May 03, 2011 3:10pm
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Post# 18524280
RE: RE: Bin Laden dead and Gold drops
RE: RE: Bin Laden dead and Gold dropsIts a blood bath today, there are lots of great deals out there, but I am afraid that my available margin will drop so much today that I am taking my finger off the trigger. Is it possible that, Bin Laden aside, much of this markets sell off is due to "Sell in May and go away"? after all the 2nd was the first trading day in May.
As long as dividends are paid out, then the selling price of the stock is immaterial. My plan is to ride this market out, hold on to all stocks that pay, maybe until August (I hope not) and watch and see.
Good luck to all!