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



TSX:FUT - Post by User

Comment by RE38on Jan 29, 2013 5:38pm
270 Views
Post# 20908157

RE: Lonely road of faith

RE: Lonely road of faith

Baywall don't tell me you bought and held FUT because of some technical indicator from two years ago? It's one thing to buy in on a technical indicator and just get unlucky, say the company announces bankruptcy overnight. But with FUT is was a slow bleed and signs were there to sell and have a wait and see approach with their weak revenue growth, strange accounting of the processing division, slowing of new dealer additions and growing debt. I had a wait and see approach and lucky for me the only thing that I lost was a spot on my watchlist for a few months. I think more than anything else, your plight came about from an unwillingness to sell at a loss and move on.

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