reportonbusiness.com: Market Action

Posted AT 10:14 PM EST on 20/11/08

Cheap stocks that nobody wants

DAVID PARKINSON AND JOHN HEINZL

From Friday's Globe and Mail

TORONTO — As another frantic selloff sent stocks to new depths yesterday, one question burned the minds, phone lines and trading desks of investors big and small: Where does it end? The frustrating answer, even with stock valuations cheaper than we've seen in decades, is that no one has a clue. “We are in rarefied air here,” said Myles Zyblock, chief equity strategist at RBC Dominion Securities in Toronto.

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TSX
DJIA
S&P
Nasdaq

Market	Change	Value
Data delayed 15 minutes
S&P/TSX	-20.97	11,579.33
DJIA	-14.28	10,318.16
S&P 500	-3.52	1,091.38
Nasdaq	-10.78	2,146.04

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