Friday, June 6, 2008

A New Idea

Sometimes an astute investor will accumulate stocks others love to hate

That is never easy - anyone can say I love EnCana the greatest Canadian stock of all time but if you say you just bought Air Canada - you will be scorned and not allowed onto some golf courses.

Your own dog may bite you

Some fundamentals for those CFA's out there - people have to use aircraft if they wish to fly.

OK now for the technical picture
Elliott Wave suggests that if the price stays above a prior low and the news and fundamentals are worse we have divergence between price and sentiment - a bullish event. Not the current price is still above the early 2008 low in spite of the current booming energy costs


Be brave - Be a somebody

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