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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: Big volume??

Feb 23, 2011 11:08AM

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Ludwig

Market will only grow if the institutions can suck the retailers back in.Problem is that retailers are wary of getting back into the market after getting wiped out in 2008. If the retailers have jobs to begin with they're concentrating on paying down debt. Don't forget these market highs were made on stimulus spending only. Most retailers have been on the sidelines. Now even the current run is in danger as stimulus money is running out. Anthoer problem is about 14 Republican run States have announced major cuts in spending..Goldman sachs is already whining that these cuts will cut economic growth by 1.5%

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