Just watch Jack Layton chew harper’s butt until he can’t sit down. He will be better than Ignatiev at

ripping the conservative policies apart. Buying new unecessary jets is a great deficit reduction plan.

Canada will need many more Billions to maintain and service them not identified by harper.

Good analysis Kevin…

I don’t really watch the Lang & O’Leary Exchange on CBC, but I used to watch them on Squeezeplay. I occasionally find O’Leary’s rants amusing, but usually only when he does it right in front of a guest who is a CEO or economist or union leader or whatever. The reason why I find it amusing is because it usually elicits some sort of a reaction from the guest and I’m always curious about what that reaction is… Regardless, he is a buffoon and he plays that role on TV in order to get reactions. That’s what’s interesting and what sells.

@CC, Michael James & Dale Rathgeber: Your long exchange here looks like a group of so-called “technical investors” who all think they found the perfect mathematical model for the stock market. For me, I am a stock picker and I mainly pick stocks on fundamentals. I have to like the business that they’re in, the management team should have a history of making smart moves, they need to have a clean balance sheet and a healthy cash flow statement. Oh, and I also like to get in at a price that is below the majority of the officer’s stock option strike price and I will only buy when the P/E multiple is in the single digits and my preference is for dividend yielding stocks. The trend chart itself is really irrelevant to me if the rest of everything looks good.

With all of that being said, I’d have to agree that there’s next to nothing that’s a screaming buying out there right now. That hasn’t stopped me from making some small speculative purchases on stuff like Natural Gas futures and some junior mining companies. But those are small speculative investments, small meaning 1% of my total portfolio.

1. Often times the growth is already priced into equities. The soundness of an investment is the excess of the intrinsic value compared to the price paid.

2. Growth often isn’t profitable for corporations in the short-term or medium-term. Look at all those tech stocks in the tech bubble that were trading at multi-billion market caps despite having never made one red cent (and many of them never did!).