Archive for June, 2008

01
Jun
08

Sell in May and go away?

Luckily, I did no such thing and my investments (particularly in the Oil & Gas sector) did well.  I do think we are close to reaching a point of exhaustion in the energy sector, though.  Nevertheless, I’ll sell when the market tells me to, and not a moment sooner.  Like Nicolas Darvas (author of How I Made $2,000,000 in the Stock Market) said, “I have no reason to sell an advancing stock.”

RRSP at start of June 2008