Friday, 15 March 2013

Friday 15March20213 - Chart of the Day!

From Danielle Park's Juggling Dynamite web site.

Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.

"Without the over-valued financial sector, the TSX would be somewhere closer to 9500 rather than present 12700. From here, priced-for-perfection financials look increasingly vulnerable to slowing global demand, weak consumer credit appetite and softening realty prices in Canada."

Click image to enlarge.

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