It wasn't that long ago when the TSX reached 12,000 and held for a few days that I asked what we will see next, 12,500 or a drop back to 11,500. Twice last year, in March and again in October I asked this on the old Daily Squawk page. In March it dropped back to 11,500 while in October it continued the upward climb which began in early September.
Fast forward to yesterday and we have the TSX at 13,811...a level we haven't seen since early July, 2007. No small coincidence that my stuff hit its all time high that same month. Getting real close once again. The CHARTS are looking sweet!
My new Cisco (CSCO:NQ) investment will be put to the test tomorrow when the Q2 earnings numbers come out. Today's big earnings reports are Teck Resources (TCK.B) here at home and Disney (DIS:NY) south of the border.
Fast forward to yesterday and we have the TSX at 13,811...a level we haven't seen since early July, 2007. No small coincidence that my stuff hit its all time high that same month. Getting real close once again. The CHARTS are looking sweet!
My new Cisco (CSCO:NQ) investment will be put to the test tomorrow when the Q2 earnings numbers come out. Today's big earnings reports are Teck Resources (TCK.B) here at home and Disney (DIS:NY) south of the border.
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