Today's Surprises...

Markets took a big hit again, as energy stocks (gas/oil) brought the rest of the market down (450 points this week in TSX). What's up for the next quarter? Look for corrections down in a few sectors for the next month, and I'll revisit what the sectors are doing in a month. In the mean time, we are building our cash before we open a trading account.

Items of note:

1) HD-DVD and Blu-Ray format wars heating up...both expecting something out in early 2006. Unless Sony can do something with their biz plan, electronics are not attractive right now.

2) Costco and WalMart both looking at higher revenues going into the holiday season

3) Stelco still uncertain, but might be able to scavenge a few dollars if you want to take a chance that the current restructuring plan on the table gets voted down...I predict at least a 20% in value change up, before 15 Nov plan vote (current price $0.26 - look to sell when it hits $0.32)