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TSX vs Dow

anon1

Well-known member
Aug 19, 2001
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Tranquility Base, La Luna
I am not a finance guy but I have noticed that the TSX and the Dow seems to go in opposite directions.
Does that mean that we are no longer joined at the hip to the US economy?
When did this happen?
 
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Rockslinger

Banned
Apr 24, 2005
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I am not I finance guy but I have noticed that the TSX and the Dow seems to go in opposite directions.
Does that mean that we are no longer jioned at the hip to the US economy
High commodity prices are good for the TSX but bad for the Dow.
 

friendz4evr

Active member
Oct 16, 2002
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High commodity prices are good for the TSX but bad for the Dow.
Some correction going on right now, and if you have no commodity positions, then maybe it's time to jump in. Check POT, AGU, TCK, CCJ, to give some names - all are currently retreating. Bought some today to add to existing positions.
 

Rockslinger

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Apr 24, 2005
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It was two years ago to-day that the TSX touched its most recent bottom. Up 85% since then but still below its all time high. The easy money has been made.

Teck up almost 13 fold.
 

hinz

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Nov 27, 2006
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It was two years ago to-day that the TSX touched its most recent bottom. Up 85% since then but still below its all time high. The easy money has been made.
Easy Money?? Are you serious?

It was never easy when you had to remind yourself "F*ck fear and drink beer" in order to stay invested and more importantly placed calculated risk to win big.

Not going to be surprised your moms and pops retail investors, even some so-called pros like those day traders and professional punters working for the financial institutions had the fortitude, let alone the conviction to do so 2 years ago.

Teck up almost 13 fold.
Indeed. The thought of punting Teck for $5K in TFSA annually up til now and the mad money gained tax free give me a HUGE boner, better than taking Viagra/Levitra/Cialis, LOL. :cool:

Too bad I am not the one.....
 
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