December, 2009

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DOW DOUBLE DUE? Many say it’s impossible but guess how many times it’s happened since the Dow closed at 40 back in 1931? Well, not once or twice but eight times. That means a double every 8 or 9 years. So a double is not only possible it’s probable. That goes for the NASDAQ and the S&P as well as the TSX. Two doubles for the DOW would put it at 40,000. It is now 10,000, one double puts it at 20,000 and another double at 40,000. Voila, there you have it. It certainly is likely to happen. The question in when. By my projected date of 2013 we should be well on our way.

Thursday, December 31st, 2009

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Why I like i60. (XIU-TO)

Thursday, December 24th, 2009

Yes, you might say, but what about gold?  With i60 I own Barrick Gold, Agnico Eagle, Gold Corp. and several others all world class gold producers. 

Well, what about financials?  In i60 I own 6 of Canada’s largest banks none which ever needed, asked for or were offered any bailout money.  None of them.

And what about mining. Of course.  i60 holds some of the largest  mining companies in the world,  same with agriculture, technology firms and industrials.

One thing I really like about i60 is the liquidity.  On any given day at least a million shares are trading.  Some days as much as 5 million.  That sure takes care of my needs.

But I still have my eye on US Natural Gas (UNG-N) At $10.00 it is still cheap but probably won’t stay that way. So, that is another ETF I watch closely.

There are others and I’ll mention those later.

TL

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