RE:RE:Are we ready for another climb like we had last summer?This constant scenario is the down side of the buy and hold policy in this casino driven market.
The emphasis is on gambling...just look at the many sites that have been turned on and legalized in Onatrio as to sports betting.
The market has become no different as the emphasis, for quite some years, is on instant satisfaction.
With some sites offering free trading with a minimum deposit...what else would be expected.
I bought this morning at 62.92 and hope to sell by days end. I am not a fan , certainly not any more , on the buy and hold parctice especially with non dividend paying companies such as the banks, and even those , such as CIBC show a short sale stat on June 30 of 35% of volume. That's even more than BBD.B with 31% of volume shorted
Like me, with the banks, looks like traders are playing even those and timing the buy and sells with the day of record for dividend pay outs.
flyman12 wrote: Dream on.
It looks like it's back in the dump cycle.