GREY:TWNNF - Post by User
Comment by
digger144on Jun 19, 2012 1:52pm
509 Views
Post# 20030911
RE: Holding Pattern...
RE: Holding Pattern... No disrespect to those that hold the Canadian Financial Stocks such as the banks in regards to the statement I made in my previous post.
I did mention that I am and have waited for the right signs...well...one on them is the rotation out of the Canadian Financial Stocks and into the Gold Stocks...we have seen some of it but it is too early to determine if it will continue.
The dividends are what may keep them elevated...but...I will warn you...when the major players decide to leave the sector the stock prices will adjust accordingly...I have waited a long time for this.
I do not hold any Financial Stocks...I do understand that those that are atttracted to the dividend may be partial to them. I would call this a trap for the time being.
Rotation does happen and it may of already began...my opinion only.
Digger144