2006 Q3

Q3 of 2006 sees me investing aggressively in the US stock market tech sector while holding only few savings in RRSP GIC at 4.25% annual rate. After testing my wave theory for blue chip stocks with a satisfactory 3% gain over 6 months, I begin to invest heavilly in US equities. The choice of a US market is because the exchange rate of 1.11 favors operations in american dollars. While the Canadian energy market has been going strong for the past 3 years and seems favorable with the recent oil crisis, it is already too late in the game to get in. The choice of a risky high tech market is a hunch from the recent relaxation of hiring freeze from numereous hi tech firms. I forsee a big boom, however I will not continue trading into the year 2007 since the predicted DOW market slow down will most likely affect the performance of the hi tech sector. Highly volatile gamble stock like Creative Technology and Nintendo will be sold after the dividend date and the release of Nintendo Wii. While MMM will be sold after it has climbed back up to its average price. I will hold on to Intel’s stock for a predicted dominance in the laser 3d chipset future.

I am also looking into generating money on the side online through ad sense, blogging for money and the virtual game called “Second Life”. It has its own currency conversion market with easy channels to convert money back and fourth between real/virtual money. I have already contacted a few potential artists that can help me in making and selling items in game.

Here is the current market snapshot as of October 19, 2006. Current conversion rate 1.12. Expected conversion rate in 3 years 1.30
US Equity: