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Old 08-25-2009, 04:11 PM   #1298
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by macker View Post
If you take the TSX for example the recovery has actually been steady. Relatively speaking it hasn't been too high too fast. Look at a 1 year chart http://investdb.theglobeandmail.com/..._listing=TSX-I The market obviously has a long way to go to get back to where it was 1 year ago. It is a slow and steady climb up the wall of worry...
What do you have to say about the earnings that are not as high as they should be to justify some of the share prices (not all), consumer spending that is not as high as it could be (when you take gasoline out of the picture) and the low volumes in general? Not trying to say that we are doomed here, just curious as to your thoughts.
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