AltaGas Ltd T.ALA

From the Globe : The '' overdue correction'' is nearing !

[bossu]

This is what I'm thinking and it will hurt and notting can stop the down fall.
And this why you have to have a lot of ''powder'' dry and this is what I'm doing !

The close: Stocks fall broadly amid concerns the ‘overdue
correction’ is nearing

[bossu]

Just a 1,40 % DOWN THIS MORNING AND THIS IS JUST THE BEGINNING My 60 % + cash position is not yielding much but not loosing a .penny Now this  is the China factor ,the enduring Delta factor, debt ,inflation and borrowing cost to go higher, metal price to the roof  etc etc  ; Just have a look at NFI group just announcing; a mist in the projected EBITDA.and a correction of 16,5 % Lots

[GunnerG]

Yes, great job of sitting on your hands waiting for a drop.  How many months is it now you have been bragging about being in cash?  LOL NG has sored to new highs over the last month, a mist opportunity.  Glad I jumped into a quality stock TOU and made 35% in three weeks. Keep those hands warm.

[Pingopallie12]

Typically this last 20 days. Not all will be down days. It ain't going to $10. There will be a buy signal during the 20 days

[bossu]

Today's market action is a ''mere''view of what you may expect ! Are you not seeing that investors are beginning to have more than 60 % cash... Have fun !

[Capharnaum]

A lot of investors having large cash positions is actually bullish (not bearish), as it means there's a lot of money to be invested in the market. For a correction to be imminent would generally mean that investors are fully invested, with very little cash to be injected in the market. In an inflationnary environment, being cash is the worst position as the inflation means the value of assets