scared
I really believe the markets are scared and the speculative stocks will drop in price a lot more. There should be lots of tax loss selling before the end of the year. Some people are losing faith in their goverment to run the country or let the big corporations make their own rules on the expansion of money and then their buddies bail them out instead of letting them go bankrupt and comply with the same rules 90% of the population has to abide by. The system stinks and the US is perpetuating it with their continuing involment in creating wars and eventually the value of the dollar will be worth less than .01. Maybe us canadians should start talking to our politicians more to let them know we are not interested in joining the US so they can exploit are resouces with their inflated dollars but I don't see it happing. Canadians like to take punishment. It feels good to be nice. I'm glad canada pension will allow me to buy enough groceries and be able to sleep in the park or maybe subprime mortgages will come out in a different version.