TSX:LSG.DB - Post by User
Comment by
dastocknowon Aug 30, 2007 12:17pm
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Post# 13322830
RE: dastocknow
RE: dastocknowIt's hard to believe but if the market carnage is not over, it will go there.
In other words, if the credit crisis continues it will cause another panic sell off before it's all over. Usually there has to be capitulation before the market can move up again. This will not reflect the fundamentals of gold stocks but simply market conditions forcing prices down for a short time.
You saw how fast it went to $1.25 in the last panic attack.