RE: Capitulation day for TA I'm just as perplexed. There must have been a secret meeting in the bathroom at TD Place in TO. (Only Bay St types invited - not us) They decide a utility in the fastest growing province in Canada that pays a dividend hundreds of times greater than you can get from t-bills, and with assets that would cost twice the net value of the stock to replace, has no future in this market while the europeans are strong, the US is politically and fiscally solid, and none of those Islamic extremists are the least bit sincere.
Yep - it s worse than in 2008 according to those guys.