With summertime trading soon coming to an end, it is important to focus on the balance of 2008 and early 2009. Awaiting a U.S. presidential election in early November, a Canadian federal election at any time, fluctuating oil & gas and materials prices, etc. investors’ conviction will be severely tested over the next several months. Nonetheless, it is our continuing view that patience, discipline and prudent stock picking combined with an optimistic outlook will provide for excellent investment returns over the next 12-18 months.
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