My TFSA is as ridiculously aggressive as it could be. Full of absolute garbage penny stocks. I was hoping for a couple of them to spike up, but they're all just lying there underwater. I will probably just leave it until the fall, and then put in my allocation for 2010. I think the market is going to be real choppy for the next 6-8 months, so it will not be easy to make money being aggressive.

That said, here's a suggestion: Divide it up among 4-6 sectors you like, and buy one penny stock in each. Pick stocks that have not moved too much off their bottoms and appear to be under accumulation and creeping higher. Just as an example, the one I mentioned earlier today - FOS.to in the AG sector. [This is not a specific recommendation, it just fits the profile]. If you're going to be aggressive, you pretty much have to go with penny stocks. You just don't want stocks that have already gone up 500% - they would be vulnerable in a choppy market.

As you know, just my opinion.

PS: still planning on checking out strategies for those Ultra ETFs, but haven't gotten around to it yet. Maybe this weekend...