Market Sentiment ..Gold basing and hopefully going back to bullish.... AMK holding strong and TUD weakening... TUD may get sucked down to 144 130 and 105 if the bearishness continues with the likely bottom being as low as .96.... If that happens we will obviously be pulled down with TUD.. Cash is king in this bear market... If we get a fire sale one will have to deplore cash. The increase of Fear in the market place isn't allowing these plays to run, especially going into the hardest months of the year. I do not want to sound negative but realistic. I haven't sold a share in my TFSA but I also haven't bought in my trade account. I have placed stink bids on many plays and from time to time they get hit .. It's the only safe way to play this market is low ball any buys in the event stops get triggered. Any play that does get triggered expect no less than a db.
SM.