danc Posted April 17, 2009 Report Share Posted April 17, 2009 Geez. I've recovered about 40% of my losses in the past 6 weeks or so. Are thing looking up? Have we bottomed out? Link to comment Share on other sites More sharing options...
fishing Posted April 17, 2009 Report Share Posted April 17, 2009 I think so. http://www.theglobeandmail.com/servlet/sto...Story/WBmarkets Link to comment Share on other sites More sharing options...
irishfield Posted April 17, 2009 Report Share Posted April 17, 2009 So 40% of 40%.. you're up 16.. or still down 24? Guess I'll have to take a peek tonight... hate to.. it always puts me in a foul mood ! Link to comment Share on other sites More sharing options...
danc Posted April 17, 2009 Author Report Share Posted April 17, 2009 So 40% of 40%.. you're up 16.. or still down 24? Guess I'll have to take a peek tonight... hate to.. it always puts me in a foul mood ! I hear ya Wayne. I hated to look for the longest time too. But it might lift your spirits to have a quick peak right now. There is a glimmer of hope on the horizon. Link to comment Share on other sites More sharing options...
jace Posted April 17, 2009 Report Share Posted April 17, 2009 I stopped my automatic biweekly contributions in the middle of last year because I didn't think the markets wouldn't do anything but go down. When the RSP deadline came last month, I plunked down the whole wad to max out. I'm glad i did that way because that particular portfolio did nothing but drop after every contribution until recently. It felt like I was trying to fill a bath tub with the stopper pulled out. Link to comment Share on other sites More sharing options...
Garnet Posted April 17, 2009 Report Share Posted April 17, 2009 I kept buy right thru the down turn dividend paying stocks only. Stopped buying 2 weeks ago as the market is getting way ahead of it's self. Will tank before summer then rally thru the summer and tank large in the fall and thats when I will start buying again. Garnet Link to comment Share on other sites More sharing options...
bigbuck Posted April 18, 2009 Report Share Posted April 18, 2009 Think 'W'. We dropped like a stone and have recovered some but we'll drop again in the near future. It's still time to think defensive on your portfolio. I don't know if we'll test the bottom again but there is a drop coming, later this year we might see a sustainable recovery. If you are dollar cost averaging, don't worry about it, you'll be fine. Link to comment Share on other sites More sharing options...
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