TSX:LSG.DB - Post by User
Post by
jimylegson Apr 29, 2015 3:21pm
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Post# 23677526
eery market
eery marketYou just have to know the overall equity markets, especially in the U.S., want to go lower. I think the big cats are slowly removing long positions here as the market seems to daily take 2 steps forward and 1.9 steps back. very bizzarre. Where does new money go? Into Apple? Nasdaq?
It's like standing in a field of dead grass on a windy day flicking matches. Each match gets blown out by the wind until that one that hits the ground then whoosh! Is it Greece? Is it debt? is it lower corporate profits? is everything ok in the Ukraine now? There is no room for error if these markets are to go higher from here. I hope gold becomes a safe haven but i'm not so sure that's even going to be the case. As Big Daddy said "Take cover child!"