TSX Index (S&P/TSX) (11,691 Fri. close)
In my October 2nd Comment, I suggested a possible challenge of the recent high in the area of 12,300. Since then the prospect of moving higher on the near term has faded and now I see the potential for a broadly based short term market correction. I'm stepping aside until short term downside pressure eases.
The intermediate term outlook remains positive.
Labels: TSX index
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