Laguz is the letter L

Anglo-Saxon Rune Poem (from ragweedforge.com)

The ocean seems interminable to men,
if they venture on the rolling barkand the waves of the sea terrify themand the courser of the deep heed not its bridle
LAguz reversed embodies the terrify waves, the rough currents, the rip tides that come through creating conflict, struggle, and chaos. The flow of events continues, but they are strong currents that feel as though they might sweep you away. Just to keep your head above the surface is a mighty struggle