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Was April the beginning of a true recovery in stocks? Keith Richards has reviewed past bear markets, concluding that markets almost never make a V-recovery. They fall, they rally, then fall again. When all hope is lost, that is when the true bottom occurs. Therein lies the enormous opportunity! But how will we know when we're at that point? Join us to review history for clues to when the safest point to buy in the current bear market.
Keith Richards has been in the securities industry since 1990 and is a highly regarded member of the small, exclusive community of Chartered Market Technicians in Canada. As portfolio manager in his current practice, ValueTrend Wealth Management, he manages over $150 million and runs a discretionary investment service for high-net-worth clients. Mr. Richards' articles appear regularly in Investors Digest, The MONEYLETTER, and The Globe and Mail and the Toronto Star newspapers. His appearances on BNN Television have inspired producers to acknowledge him as "one of [our] most accurate technical analysts." Mr. Richards' first book, SmartBounce: 3 Action Steps to Portfolio Recovery, is available in bookstores and directly through his blog page www.smartbounce.ca. His new book, Sideways: Using the Power of Technical Analysis to Profit in Uncertain Times, is also available in bookstores.
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