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Materials and Financials are seasonally strong during January. I want to get back into Materials as soon as the opportunity presents itself.
The return I am showing for XIU (iShares TSX 60 ETF ) remains at the same level as July (when it crossed the 200-day moving average) since it continues to be at a price below its 200-day moving average.
Twelve month return for TSX @ December 31, 2011 = -10.89 percent
Twelve month return for Basic Timing Model using XIU = -0.98 percent
Twelve month return for Advanced Timing Model (my returns) = -3.23 percent
Money for charity = $411.27
I would like to wish everyone a prosperous and Happy New Year!