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Re: johnlw post# 18692

Thursday, 03/26/2009 12:44:41 PM

Thursday, March 26, 2009 12:44:41 PM

Post# of 19037
JW... Hi there, it's been awhile.

well... My initial question was seasonality, simply because of the difficulty in trading this market...I feel the same pressures as you do.

------- beware commentary below:

My guess on direction, that since the US government and the Fortune 500 have officially merged (and accepted by the financial communities) we could see a broad market rally that could take us into September - energy may be the best place for us Canadians to make back all of the money that has been taken away from us - long C$ is another great idea.

Both SnP and the energy sectors are moving in lock step - but according to Marc Faber this countertrend rally is a response to massive $ devaluation.



so hedging your bets in $C would reflect greatly in the energy sector - as for gold seasonality that's probably out the window - but you do need strong hands.


FP........................................................

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