Q: I own XIT within both my RRSP and TFSA and I have done very well holding it. It is mostly (72%) made up of SHOP. CSU, GIB and OTEX.

Question #1 = It recently has dropped from the $59 level to around $51. Do you believe the current drop is overdone? My amateur eyes think the next support level is around $50. At what price would you consider adding?

Q#2 = Is the drop related to the potential for interest rate increases? When you look at the 4 main players, where do you think XIT is heading in both the short (< 1 year) and long term (3-5 years)?

Thanks for your help...Steve

Q: What do you think of this for an RESP for two kids aged 3 and 5:

30% XSB
10% XIT
60% VEQT

Anything I should consider with this mix? Is it to late to get into XIT where its is already up so much?

Q: I use XIT as my technology proxy and NNRG as my energy proxy, both in my TFSA. My current thinking is to trim-add around core positions to meet portfolio asset allocation targets.

In general terms, what does your crystal ball say about future performance...1-2 years out? Eric thinks energy could double. What do you think technology (XIT) will do...lately it seems to be around the 30+% for a 5 year average? Just trying to ballpark their relative potential performance.

Thanks...Steve