Day End Market Update!!!!
TSX finishes down 813 points...first time breaking into the 10's in two years.
Oil down $3.57 to $94.96
Gold down $45.30 to $842.00
CDN $ down 1.28 to 92.92
Commodities got hammered. Its funny watching people jump from the high growth stocks into the defensive stocks.
Currently POT has a lower PE ratio then the Canadian banks.
As to alternative energy you guys should check out Nanosolar. Google is one of there major investors. They can basically print cheap, thin, solar cells.
Can find more information here:
http://www.nanosolar.com/products.htm
They are cheaper, more efficient and way thinner then conventional panels. You can basically print off a bendable panel, stick it to, say the back of a cell phone and BOOM its solar powered. Pretty cool.
Video here:
www.youtube.com/watch?v=4riNlqZHCTQ