It’s a Suckers Rally – How to play it

Posted by Keith Richards via Don Vialoux

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On April 27th, I sold  a large piece of the equity portfolio that I manage for clients and placed it into cash. The timing of doing this was based on observations I have been making on this blog site prior to that decision. In other words, I don’t just talk about theory on this blog page—I follow through via my own actions!

While we don’t always get such precise timing on a trade—this one worked out quite nicely, having sold basically near the market peak prior to the recent volatility. You can see my BNN video clip where I discussed my reasons for selling on that day at http://watch.bnn.ca/tuesday/#clip294784

As for what is happening right now on the markets…..

…..read it all HERE