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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Post by Kings_kidon Jul 24, 2011 3:02pm
446 Views
Post# 18866548

Q2

Q2I agree with Bay Wall that the 50 day MA and the 200 day MA are pointed in the right direction and show good suport for the stock.  I agree with out any NR's FUT will still move up in a positive direction.

However I do believe there will be a few positive NR's in the near future as well, which combined with the chart looking great will push the stock higher.  We have Q2 coming out in the not too distant future, which I believe is going to be very positive and should push the stock a bit higher!  It will be the first earnings that will include at least some of the revenue from TADA.  As well we should have NR's soon with about launching the the AB/BC/NS dealers.  I believe that will come after Q2 though.  Q2 will be out the end of August and the launching of the dealers will come slightly before or after is my guess.

JMHO, have a great day all and it should be an intresting week seeing as last week closed with some selling pressure.
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