if you look at how commodities traded over the past 12 months, it was january 2011 where things started breaking down and copper, gold, etc started their downward trend
What ?? If you look at CUU's chart starting in January...that's when it started moving up.
Look at the chart: http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=V.CUU
Nobody waited for their TFSA buying, those who did just paid more. With a Feasibility on the way (Jan-Feb), TFSA buying, Tax selling 30 day buy back, revised RE....don't play with fire.
It's not about trends and charts anymore...it's about Teck making a move when you don't expect it.
JAN
01/04/2011 |
0.890 |
0.990 |
0.890 |
0.940 |
2,795,341 |
0.070 |
8.05% |
12/31/2010 |
0.760 |
0.880 |
0.760 |
0.870 |
1,820,202 |
0.120 |
16.00% |
12/30/2010 |
0.740 |
0.750 |
0.730 |
0.750 |
412,675 |
0.020 |
2.74% |
FEB
Date |
Open |
High |
Low |
Close |
Volume |
Chg |
% Chg |
02/28/2011 |
1.750 |
1.850 |
1.700 |
1.750 |
4,479,902 |
0.050 |
2.94% |
02/25/2011 |
1.440 |
1.700 |
1.420 |
1.700 |
5,034,935 |
0.280 |
19.72% |
02/24/2011 |
1.410 |
1.450 |
1.370 |
1.420 |
1,812,613 |
-0.040 |
-2.74% |
02/23/2011 |
1.310 |
1.490 |
1.270 |
1.460 |
3,540,247 |
0.250 |
20.66% |
02/22/2011 |
1.340 |
1.360 |
1.200 |
1.210 |
1,891,379 |
-0.130 |
-9.70% |
02/18/2011 |
1.340 |
1.420 |
1.280 |
1.340 |
3,642,649 |
0.040 |
3.08% |
02/17/2011 |
1.050 |
1.320 |
1.040 |
1.300 |
4,235,942 |
0.260 |
25.00% |
MARCH
03/23/2011 |
1.950 |
2.060 |
1.920 |
2.040 |
1,652,091 |
0.130 |
6.81% |
03/22/2011 |
1.990 |
1.990 |
1.870 |
1.910 |
994,168 |
-0.070 |
-3.54% |
03/21/2011 |
1.900 |
2.000 |
1.890 |
1.980 |
1,870,206 |
0.150 |
8.20% |
03/18/2011 |
1.800 |
1.870 |
1.780 |
1.830 |
1,765,445 |
0.100 |
5.78 |
APRIL
04/11/2011 |
2.740 |
2.740 |
2.600 |
2.660 |
2,717,950 |
-0.030 |
-1.12% |
04/08/2011 |
2.650 |
2.740 |
2.400 |
2.690 |
4,767,413 |
0.170 |
6.75% |
04/07/2011 |
2.200 |
2.680 |
2.180 |
2.520 |
5,119,051 |
0.330 |
15.07% |
04/06/2011 |
2.090 |
2.200 |
2.070 |
2.190 |
1,509,779 |
0.140 |
6.83% |