You haven't heard a word I've said have you? The reason your strategies are FAILING, is your FALSE underlying belief of why the SP is rising (you say mostly commodity price driveing SP). My strategy is SUCCEEDING, because of my TRUE underlying belief of why the SP has been rising. Have you never owned an RRSP? When do people mainly buy RRSP's? Why of course December - March to reduce their personal tax burden. Yes, you should have bought a huge block in December, but a 2ndary stategy is just to keep buying for a while. i've been averaging up and that strategy is working great. Balance sheets, commodity proces, day traders, technicals are all taking a back seat to the retirement drip going in most mornings.