DH, Davis & Henderson update

DH aug 18 2013

From our friends at the Globe & Mail. We got this one dead wrong. The top was in August 2005. The present top is a B-wave top as far as we can tell. It may not be quite complete but even so we would exit any long position. Cheque books, especially those with panoramic scenes on them may still be in vogue but it does have the same connotation as the buggy whip. A sell.