Sorry, I have had to do more travelling so couldn’t communicate.  Markets seem undecided to continue going up or to start going down.  Right now the path of least resistance appears to be up.  However some shock or fear event may put a screeching halt to the party.  

I still like the iShares Cdn 60 index ETF.  It is moving up along with the rest of the market and I see no real sell sign in the rear-view mirror.  It pays a dividend and trades sufficient volume that there is sufficient liquidity.

For now I’m hiding in the bushes but I do have an eye on iShares Cdn Technology ETF.  I also like some of the emerging markets but afraid to jump in right now. If I do make a move I’ll send a special message.

Good investing

Ted Lagerway

But I have to go away more often because markets decided to barge ahead unexpectedly. Well, they always do things unexpectedly.  However markets and most issues look top heavy and ready for a breather. 

My portfolio looks in good shape.  Enerplus particularly climbed nicely along with most energy issues, particularly those with significant Natural Gas production.

I will hold off buying or selling till a clearer picture emerges..  There are several issues I really like but at this time I will use more than the usual caution.

See you next week.