Another great green day on the TSX

[retroman80s]

Have we hit rock bottom as yet? Is this the sign of a turn around?

[resu]

With these crazy fluctuations - European indexes jumping 10%? We still have a long way to go

[retroman80s]

With these crazy fluctuations - European indexes jumping 10%? We still have a long way to go

There's been alot of insane ups and downs the last couple of months. Alot of opportunities to make some short gains if your willing to take that risk..

[sjweyman]

I guess when you have 2 or 3 of them a month you can technically use the term "another"

[bacid1]

This is a rally based on emotion, not fundamentals.

If you look back at the past month, all these rallies are due to some magical "good" news, but after a few days of rallying the selloff continues because everyone realizes the future prospects are grim.

Take your profits while you can.. that's what I've been doing, I keep buying on the low of the week, wait for rally, sell, and repeat.

[airblade90]

Have we hit rock bottom as yet? Is this the sign of a turn around?

Markets don't go down in a straight line. When the volatility dies down (which from the looks of it, is far from over), you can take a look at the markets.

[funkylist]

This is a rally based on emotion, not fundamentals.

If you look back at the past month, all these rallies are due to some magical "good" news, but after a few days of rallying the selloff continues because everyone realizes the future prospects are grim.

Take your profits while you can.. that's what I've been doing, I keep buying on the low of the week, wait for rally, sell, and repeat.

Forget about fundamentals, nothing makes sense anymore in this market..

How many people did not take any profit and watched their stock value sky rocket this summer and now their watching it burning up falling back to earth?

[mikeycanuk]

Thankfully the dollar is going back up. I owe $17000 to US suppliers and I told one he's waiting until it gets better. yuk

[resu]

Take your profits while you can.. that's what I've been doing, I keep buying on the low of the week, wait for rally, sell, and repeat.

Unless you have a special crystal ball, that's just asking for disaster in this environment.

[NUTS]

Unless you have a special crystal ball, that's just asking for disaster in this environment.

its absolutely amazing

less than 30-minutes ago before this post of mine the Canadian press (CP) issued this


Gloom deepens among consumers as recession fears grow - The Canadian Press

OTTAWA - One of the last pillars of Canada's economic foundations may be crumbling as the latest survey shows consumer confidence eroding to a new quarter-century low.

[thelefteyeguy]

its absolutely amazing

less than 30-minutes ago before this post of mine the Canadian press (CP) issued this


Gloom deepens among consumers as recession fears grow - The Canadian Press

OTTAWA - One of the last pillars of Canada's economic foundations may be crumbling as the latest survey shows consumer confidence eroding to a new quarter-century low.

that was posted on Toronto Star in the early morning....investors shugged that off today...that survey means little esp when the public (not investors) have been bombarded with Stock Market Crashing every week. You won't have many ppl not worried about the economy today

[charliebrown]

Too bad TD shocks the market (again) with a share issue after market close

http://micro.newswire.ca/release.cgi...2342-0&Start=0

DBFG has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. for an issue of 30.4 million common shares, at a price of $39.50 per common share, to raise gross proceeds of $1.2 billion.


TD
42.90
+1.60 (3.87%)
Nov 24 - Close

Open: 41.95
High: 44.00
Low: 38.33
52Wk High: 75.00
52Wk Low: 38.33
Vol: 5.13M

[urameatball]

after last week's freefall, it's pretty obvious we're gonna get some sort of bounce this week.
Everyone who still hasn't lost enough money is like "hey, it's definately bottomed now, I'm getting back in this". It's happened every time we've hit new lows, and if it sinks lower, it'll happen again.

[Thalo]

It's emotions that are pulling the markets down. They are hugely oversold. Once the fear subsides and we at least go a day or so without any news of financial armageddon the market relaxes and it goes up.

This is why the market will bottom before the economy does and we will enter a bull market while we're technically still in a recession. It's just a matter of when. As soon as we get remotely good unemployment/consumer confidence/housing date/etc news, or just news that isn't as bad as forecasts, we'll turn around.

[ibanker]

its not emotion bringing the markets down....

its emotion bringing the markets up ... everytime theres a big positive day ppl get all confident.

dont try to take revenge on the markets. itll eat you.

i get sick when i see ppl continually try to pick the bottom. theres more bad news out there with financials. theyre just slowly releasing it to ease the pain.