With the TSX down again this morning there are some stocks that are beginning to reach the point where they are becoming attractive. If I am seeing this you can be sure a lot of other investors are as well. Most likely these are the bigger investors sitting with cash on the sidelines waiting for some carnage type event to unfold. Many investors failed to get back into stocks after the 2008 to 2009 collapse. Despite what everyone likes to believe, stock market collapses are not at all common. There is almost always a catalyst that pushes stocks lower. What we are presently seeing is a pullback that could turn into a decent correction, but in general the TSX already saw 3 corrections since the fall, all of them related to commodities and a rising US dollar.
Here is how I review positions and set up my next round of opportunities thanks to the recent drop in stocks.
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TSX Quick Comments For Mar 10 2015 – Viewing Opportunities As The Drop In Stocks Continues
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.