You know what Koala, I have been "nervous" about the stock market levels for a while and short of crying "wolf" I have expected a decent correction for quite some time. I just don't see the legs supporting this level especially on the US side, the recovery hasn't been that strong, they haven't produced the jobs, they have printed a lot of money (especially under Bernanke) and TARP funding helped a select few. If you look back at the market levels prior to the 2008 crash, the TSX maintained a consistent 1000-1500 point advantage to the Dow. It hasn't come close in the last 4 years and this is a direct result of our resource based economy. I believe the good news is that a badly needed correction will effect us much less as resources are pretty well bottomed out at this point. At .14 how much can we readjust in a correction at this point..................