Jul 15, 2010

OK, I was wrong, no W

Boring last 6+ months, market became range bound, so I just ended up trading good companies when we came close to the low end of the range TSX11,000 and selling all the way up to the 12,000 mark, then buying HXD's and riding it down again.

Stuck with solid dividend co's, playing for the singles as the V shape recovery becomes more like a square root recovery. Cannot say that I am not happy with my singles; no home runs for me - strike out more often when that happens. I will happily take my 5-10% return on each trade than try for the 2X bagger.

Good luck to all, we will be in a range for a while with some possibly crazy swings - either stay long and collect dividends or trade the range with good stocks.

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