RE:Fear I am in the same boat as you and have ALA and VET that won't stop going down. I think the problem rests with how Canada and particular the Oil stock are viewed by investors expecially US investors.
marketsense wrote: I can't think of any substantive reason for the continuing drop in sp other than fear. The
trade war keeps shaking the markets and I would guess shaken a lot of investors who can't
or don't want to see their money invested erode away. Retiree types are particularly vulnerable
to this market and don't have 5. 10 or possibly 15 years to wait to get their money back. I
am one of those but I balance ALA off against other holdings and am trying not to panic
despite the fact that the markets are shaky and calling for a recession as well an ongoing
trade war with China that keeps escalating.
ALA is a utility stock with some growth and a now stable dividend so other than outright fear,
I don't get it. These type of stocks should be held and added to in this environment and if
interest rates drop because of economic pressures, then they become even more valuable as vehicles of safety and income.