RE: RE: lots of selling ....still!!!! Not all sellers are those getting out b/c of no corp. news, but they are getting out before the market corrects & everything goes down together.
It is that time of the year.
More people including Carrigan on BNN right now, are cutting back b/c of seasonality and too much good(corp. & economic) news. Not much news out of Euroland & when there was news it affirmed the belief that all is progressing well as can be expected. In LALAland (US) housing starts/prices are good & getting stronger & the State of the Union speech didn't shock the market as some had feared. Some thought the market might tank the day after, but Obama was all...let's all hold hands & work together!
carlos