Tuesday, August 26, 2008

Intermediate Corrective Cycles

A little primer on stock market cycles

As measured from trough to trough the short daily trader cycle spans about 22 days and is used for timing entry and exit points

As measured from trough to trough the intermediate weekly cycle spans about 26 weeks and is used for sector rotation strategies

As measured from trough to trough the longer monthly cycle spans about 42 + - months and is used for long term investment strategies

Below is the intermediate cycle of the S&P500 - a three cycle bear is typical and the third and final cycle is now almost concluded

Bill Carrigan

Tuesday, August 19, 2008


For GT Blog August 19, 2008

The TSX REITs stock group is displaying early signs of improved relative performance when compared to the broader TSX Income Trust Index

One could enjoy the TSX listed iShares CDN REIT index or select individual REITS

The selections below are components of the index

Company Name
Boardwalk Real Estate IT. --(BEI.UN)-- Western *
Calloway Real Estate IT. --(CWT.UN)-- Wal-Mart
Canadian Apartment Prop. --(CAR.UN)-- Ontario
Canadian Real Estate IT. --(REF.UN)-- 1/2 western
Chartwell Seniors Housing RE --(CSH.UN)-- Not a REIT
Cominar Real Estate IT --(CUF.UN)-- Quebec
Dundee Real Estate IT --(D.UN)-- Western *
Extendicare RE Investment --(EXE.UN)-- Ontario
H&R Real Estate IT --(HR.UN)-- National
InnVest Real Estate IT --(INN.UN)-- Eastern
Primaris Retail RE Investment --(PMZ.UN)-- Retail
RioCan Real Estate IT --(REI.UN)-- National

**** We would avoid Western based REIT