There is so much uncertainty, like who is solvent, and who are the walking dead when it comes to banking and other financial institutions. There are plenty of Bulls around, its just that they are out in the fields munching on the grass, awaiting the return to sanity in the markets.
On my screens there are plenty of interesting companies that are trading at ridiculous prices, the question is who is doing business in this enviroment. We had a car dealership just close a week ago, seems like he was spending money on everything but his dealerships. The ripple effect is amazing, so many people get hurt when something else happens.
IVN kind of interesting as a metal play, that SLW came back nicely today, too bad I got taken out yesterday, but thats what happens when you trade conservatively.
zab
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