Comments on: Tech Talk for Monday October 26th 2009

By: Don Vialoux

Don Vialoux — Tue, 27 Oct 2009 02:04:48 +0000

Hi Andrew. A couple of additional possibilities for silver. Horizon BetaPro offers an unleveraged silver ETF that is U.S. Dollar hedged. Symbol is HUZ. PowerShares offers a silver ETN in U.S. Dollars. Symbol is DBS.

By: Don Vialoux

Don Vialoux — Tue, 27 Oct 2009 02:00:45 +0000

Hi Dave A. Seasonality charts shown on SeasonalityCharts.com show relative stength during the year starting at 100 at the beginning of the year. The end point in December can be higher or lower than 100 relative to its starting point in January.

By: SKS

SKS — Tue, 27 Oct 2009 00:19:51 +0000

Great work as usual Don! Thanks.

Waiting to buy Suncor.

By: Andrew

Andrew — Tue, 27 Oct 2009 00:12:45 +0000

Thanks for the reply Don!

Is there a silver equivalent to GDX / XGD.to that you would recommend I investigate further? I am aware of SLV but am a bit leery of it for the same reasons that some have concerns about GLD. I would rather hold an ETF/ETN of producers (unless you know of a good reason not to). Thanks as always!

By: Don Vialoux

Don Vialoux — Mon, 26 Oct 2009 23:41:10 +0000

Hi Dave A. Just confirming that the end of the period of seasonal strength for natural gas in Canada is the end of December (versus near the end of October for natural gas in the U.S.). The difference mainly is caused by currency and inventory levels (greater draw down of gas in Canada in November and December for heating purposes than in the U.S.)

By: DaveA

DaveA — Mon, 26 Oct 2009 23:21:29 +0000

Reference the Natural gas chart above. One has to wonder about the accuracy of a chart that finishes the end of December at 90 and starts out January 1st at 100!

By: Don Vialoux

Don Vialoux — Mon, 26 Oct 2009 22:14:25 +0000

Hi Roy. Seasonal influences for the agriculture sector remains positive until the end of December. Agrium has been an outperformer in the sector and the S&P 500 Index since mid July. Potash Corp has been an underperformer in the sector and the S&P 500 since mid July. Preferred strategy is to continue to hold until near the end of the period of seasonal strength.

By: TechieBW

TechieBW — Mon, 26 Oct 2009 21:59:30 +0000

Hi Don,
After reading Bill’s second blog about CSTA, I agree that he’s got a point.
What’s your comment?

By: Marc

Marc — Mon, 26 Oct 2009 18:24:45 +0000

Hi Don,
would you consider buying some DWI since the sell off from 12.10 recently for the telecom seasonal trade? I would assume this could still have a lot of downside movement since i cannot really see any support levels. what are your thoughts?

By: Roy

Roy — Mon, 26 Oct 2009 17:51:26 +0000

Hi Don
Would seasonality still be profitable for AGU.TO and POT.TO even though they had bad earnings? In other words, do we still buy these stocks on weakness? Thanks