Canadian Life Companies Split Corp CLSPF

Moving to the sidelines here

[flamingogold]

My $5 sell target has been hit. It may still go higher, we may get another payout next month, but the springback rally surprised a lot of people so the market may need to give some back now. No one ever lost money taking a profit and I've always played this for the cap gain only.

[mouserman]

Yes figured its always a hard sell for you. US employment data got revised bigtime today.. so US  employment  not as  robust as previously reported. Surprise, surprise... and why I never put much stock in the numbers they report, especially in an election year. Story developing. Stay tuned for updates here. The U.S. added 818,000 fewer jobs than previously reported from the

[flamingogold]

I still hold DGS and BK. Always safe to let go of the weakest ones first in a comeback run. And, if I'm wrong the former two will just kill it even more.

[mouserman]

Wishing i had bought more down at much lower levels. I do have a small free portion of LFE that i dont see a  reason to sell. I dont have BK.. but i do have LCS.and DGS ... as CAD and US banks are really not  a screaming buy for ME  here  but jmho.

[flamingogold]

I'm already holding enough in splits as it is so I really needed to lighten up a bit. FED is about ready to pull the trigger on a Sept cut so the market is happy about that. But, all it takes is one or two bad press days and we could see some selling kick in. My average on LFE wasn't low enough to hold through that. With DGS my avg is in the 1's so no worry about that one. And BK pays

[mouserman]

I forgot to say in the last post, i have bought quite a load of LBS ... it is the leading gainer since AUG 15 of all the split funds i follow, now at a discount. SO it is  (for me) a better buy  than either DGS or BK.. If i was to buy for lifeco upside it would be LCS, which is always undervalued.  BUT LBS holds all 4 too...Probably as big a discount on  LCS as it as on LFE...&