I took another look at a few of the Canadian Banks stocks today and it is now clear that at least some of them now have the potential to go a great deal lower. A bear low of $10 to $15 is possible for stocks like the Bank of Montreal (BMO.TO)and the Canadian Bank of Commerce (CM.TO).
Were probably only now getting to the point where many stock holders are starting to pay attention and getting worried about what other unknown things have been going on. The US government is already in the panic mode...reducing interest rates on the weekend.
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