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Tuesday, November 23, 2010

Trade 2 of 187 on my Quest to Invest to a Million

Doing nothing does not equate to inaction when it comes to do-it-yourself (DIY) investing. It's part of the strategy that leads to the goal. It's not glamourous or exciting, but achieving substantial significant results rarely is.

The TSX was down 1.1% today. Metals and mining lead the decline, followed by energy, industrials and financials. Financials were down 1.3%.


SymbolPriceChange% Change
TD.TO73.87-0.60-0.81%TORONTO-DOMINION BANKChart for TORONTO-DOMINION BANK
BMO.TO59.89-0.11-0.18%BANK OF MONTREALChart for BANK OF MONTREAL
BNS.TO53.33-0.87-1.61%BANK OF NOVA SCOTIAChart for BANK OF NOVA SCOTIA
CM.TO77.25-1.41-1.79%CANADIAN IMPERIAL BANK OF COMMEChart for CANADIAN IMPERIAL BANK OF COMME
RY.TO54.00-0.83-1.51%
http://ca.finance.yahoo.com/


Financials 5-day performance:

http://tmx.quotemedia.com/marketsca.php?locale=EN


All the Canadian and US central banks are on a down trend.

The only one that might be ready to bounce is the Bank of America (NYSE: BAC) Check it out at:
http://stockcharts.com/scripts/php/candleglance.php?C,JPM,WFC,BAC,RY,TD,BNS,$DJUSBK

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