posted on Mar, 24 2009 @ 09:06 AM
Yesterday was nothing more than a "Buy on the rumor" session. Some people here are saying that this is all over or perhaps the worst is behind us.
Funny thing though, i'm sure everyone remember the 700 point or so gain we got the day that the first bailout was approved. And i remember a few
here thinking this were going to be fine.
Yesterdays gain I believe was nothing more than a bunch of people buying on the hope. Unfortunatley I dont think this will last. The dollar seems to
be dropping by the day, I feel inflation is starting to rear it's ugly head. If thats true then unfortunatley my country is going to be in alot of
trouble as well. As the old addage goes when the US sneezes Canada gets the cold. I wonder what will happen when the States contracts a deadly
Not that I blame my neighbour to the south, my country went willingly into this mess of being dependant on the states and now we will have to feel
America's pain as if it were ours.
A bit off topic, but a message to any Canadian's around, have you guys noticed the commercials on tv latley from our governemnt urging people to be
ready and supplied for up to three days in case of emergency?
food for though i guess