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



TSX:FUT - Post by User

Comment by BayWallon Nov 03, 2011 9:58pm
134 Views
Post# 19208046

RE: Baywall.......................................

RE: Baywall.......................................If frustration came through, my post it wasn't mean't to be so inclined.  Maybe an over-reaction to Flubber? Maybe I have a feeling the stock will do well and feel it should be better reflected in its price. Prices in the early stages of a company are often based on expectations rather than earnings.

I feel lower stock prices at higher demand levels is accurate in most cases as a precursor to a rise. (Similar but not exactly like the Accumulation/Distribution indicator) I bought the stock in May-June, so the day is young  for me. And like I mentioned, I'm confident, even moreso now with the US expansion.

What and how Futura will do in the future is anyone's guess, and because of that, a wide range of opinions are aired. That's what stock forums are for. Rarely will any posts on forums affect the stock price. It will take a series of earning reports and at times some good news. Maybe a stock analyst's/broker's recommendation could do likewise.

My lake serpent/dragon post had some humour value, but was mean't to imply that each investor could see in chart analysis different things and arrive at different conclusions about a stock. In effect,  I was poking fun at chart analysis, as some investors would find little value in such charts, because they only reflect the past and have no predictive value. Others may find some value in charts, by drawing trend lines to time entry and exit points.

Personally, I tend to shy away from charts, although indicators derived from price/volume data can be useful.

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