Today was pretty much a sideways trading day, although gold and oil did take it on the chin today. Commodities will either come back and I will continue to hold HBU, HGU, G, and HOU or if they go down further they could cross the 40-day moving average and I would have to sell.
The buys for today are HQU, HSU, and ENF.UN that I already own, and TCW that I plan to put in a stop-buy for tonight. I hope to purchase TCW just above its close today of 14.74.
Yellow Pages Income Fund (YLO.UN) kept chugging along today (up 2.35% today), moving above $6 for the first time in many months. I purchased a bit more today but I see that there was a double-top back in March and May of 2009 in the 6.10 to 6.25 range, so YLO may seem some resistance in this range. If YLO drops back down below 6.00, I will likely sell the additional units that I just purchased today.
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