Tuesday, February 27, 2007

The market god's giveth and the market god's taketh

So the TSX lost 2.7% today. While this is big news today and has many people squealing it is not shocking. Markets go up and they go down. The reality is that the market fundamentals are still strong and nothing has changed in the economy to warrant a drastic continued sell-off. The markets will rebound and over the long run stocks always go up. Wait a couple of days then get ready to buy, buy, buy.

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