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Are Canadian markets topping ????

Discussion in 'Canadian Stocks Message Boards' started by DvAbCanEh!, Jul 11, 2016.

  1. DvAbCanEh!

    DvAbCanEh! New Member

    Joined:
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    Mr. Conservative investor is "Just saying", if I was a newbee market investor just dipping a toe in now, I sure wouldn't stick it to deep with the markets this high. I have kept a record of my portfolio since early 1984 and have seen many tops and bottoms over the years some damn scary to say the least. With patients and some common sense they are good opportunities and pleasant memories.
    Just looking back a couple of years, there have been 3 topping markets when my portfolio topped to almost the same value within a few thousand dollars, 1st was Aug 2014 then a 8% drop by Dec 2014, 2nd topped Apr 2015 then retreated 9% by Sept 2015, 3rd is today my portfolio just went over the top.
    Advice! keep some cash on hand and if we see another few percent rise from here "take some profits and build cash"
    Be careful what you buy at market tops, cash is king.
    What do you all say? comments wanted
    DvAbCanEh!
     
  2. Gil Oren

    Gil Oren Brew Master
    Staff Member

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    I've learned to stop trying to predict tops, but I can't see another +10 to 15% here without a meaningful downtrend somewhere this year.
     
  3. Epicram

    Epicram Member

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    In Recent Times, Canadian Market is paced high and almost all stock is touching high.
     

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