Looking to get short....may have a 4th down and a five up to come
http://stockcharts.com/c-sc/sc?s=$CDW&p=W&yr=5&mn=0&dy=0&i=p92642661582&a=107268099&r=3506.png
Canuck Buck
Started by
eminimee
, Jun 02 2007 08:48 AM
2 replies to this topic
#1
Posted 02 June 2007 - 08:48 AM
#2
Posted 02 June 2007 - 09:48 AM
You may be correct ... but we're going into the summer Canadian tourist season. I think the demand for Canadian dollars will remain strong, at least into late August. But, I may be wrong ... Good Luck,
C.C.
Off for a swim in the NEW Deep Eddy Pool (at least partially new)
#3
Posted 02 June 2007 - 06:51 PM
I know it's FA but same as a couple months ago and a couple years ago:
Canada = much more resource-based economy than the U.S. Currently is running a surplus, if you can believe it when a government says that. It ought to go up versus the $US.
And of course I guess size does matter and interest rates do too. Quite the move of the last few years. I know some are looking for a bottom in the $US but long term I think it's a bear deal there. Very prudent and profitable to have some of one's money outside the US.
Doug
Canada = much more resource-based economy than the U.S. Currently is running a surplus, if you can believe it when a government says that. It ought to go up versus the $US.
And of course I guess size does matter and interest rates do too. Quite the move of the last few years. I know some are looking for a bottom in the $US but long term I think it's a bear deal there. Very prudent and profitable to have some of one's money outside the US.
Doug