I looked at the market this morning; saw that the TSX had dropped some 400 points and decided to write this blog. You can only lose by selling into a dropping market. If you are unhappy with the stocks in your portfolio, it is far too late to do anything constructive about them.
There is a certain cyclical aspect to the market. So, this will probably not be the worse time this year. September or October, or both, will probably be the worse time. These months, if there is a bad time for the market, are smack dab in the middle of it.
The Cyclical aspect of the market means that the market will rise from January to April or May. For the summer months, you will have the market just mucking about, dropping or a slight bull raise. September and October are the worse months for market drops. I cannot see anything else happening in these months this year, but a drop. Usually, we have a year end rise. If nothing drastic happens after October, this will probably happen this year. But, who knows? I could be wrong.
See my website at http://www.spbrunner.com/stocks.html for a list of the stocks for which I have put up spreadsheets on web site.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional.
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