Sorry for not posting in awhile but other priorities came up (work, personal life, vacation, etc.). I have been following the moving averages all this time and have been getting in and out of stocks. Except for a tough time in a correction in August, things have gone quite well. I am not sure if I am outperforming the market averages or not (don't think I am) but I know I wouldn't have been able to sleep if I was simply fully invested in ETF's that follow the market averages, so that is the trade-off that I am willing to make.
Year to date, I am up 6.3% overall in my accounts, so I can't complain about that, given all the doom and gloom and uncertainty in the investing news every day. I am not sure how long the current rally will last but if it goes into December then there is a good chance it will turn into a semi-regular 'Santa Claus' rally and this usually continues at least into mid-January. I am not sure if it will last this long but I am prepared to be invested fairly heavily if it does.
I was up 1.8% this past week overall, on the strengths of gold and silver, among other things. I sold some securities on Friday, as I had stop-lossed big gains from Thursday to lock them in. I will buy them back if the markets continue to climb (I already bought back HGU, for example, but haven't yet bought back SLW, that had a great ride in a short timeframe).
I currently hold some trusts - BTE.UN, COS.UN, EXE.UN, and MSI.UN, some trusts - HFU and HGU, and some stocks - BBD.B, CNQ, FTT, L, MBT, QBR.B, SC, SNC, and THI. I am 60% invested at this point, and I will buy more or sell more depending on the direction of the markets.
There are some BUYS on Monday, like BBD.B and MBT, but I already own those stocks. Telus (T) is also a buy, and I will buy it on Monday if it is strong in the morning (don't want it to drop back down into DON'T HOLD territory right after I buy it).
I would be interested to hear how the rest of you are doing, and if anyone has incorporated moving averages into their investing strategy.
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