TSX:GRT.UN - Post by User
Comment by
BearBullBrianon Apr 06, 2022 4:17pm
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Post# 34581951
RE:TD Notes
RE:TD NotesAt a certain point, markets stop looking at the business case and just look at the last bid. It makes it very hard to make a decision when a stock is already in correction territory, as many are today, seemingly headed straight down, but the investment case is still good. This is a very broad market retreat that is picking up steam. One has the impression that the Fed and the governments on both sides of the border are trying to slow down the economy by slowing down the stock market because they know they can't raise rates fast enough to meet the coming inflation-induced recession, whcih they have caused by spreading trillions of loose money around. I'm really concerned right now, because I feel caught between a rock and a hard place. When I've been here in the past, the temptation is always to sell, but my big fear on selling is: how will I know when to buy back, so I usually do nothing and wait it out. Damn!!!
BBB