Edited by calmcookie, 05 October 2007 - 01:11 PM.
Gap UP on Canadian dollar - time to buy some U.S. bucks?
Started by
calmcookie
, Oct 05 2007 01:10 PM
2 replies to this topic
#1
calmcookie
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calmcookie
Posted 05 October 2007 - 01:10 PM
I have to change a few Canadian funds into U.S. soon ... today might be the time to do it ... but, who knows? I have another hour to consider it.
Any opinions welcome.
C.C.
#2
Russ
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Posted 05 October 2007 - 04:13 PM
I have to change a few Canadian funds into U.S. soon ... today might be the time to do it ... but, who knows? I have another hour to consider it.
Any opinions welcome.
C.C.
looks like 1.04-05 may be coming in the near term. there is an expanding megaphone shape happening. I have projections for the final high to come in Feb 2009, so based on the expanding triangle that would mean up around $1.15 by then.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
pdx5
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I want return OF my money more than return ON my money
Posted 05 October 2007 - 05:23 PM
I think it depends on your time horizon. Canada has
a significant trade surplus in commodities and in the
long run goes higher from here in USD.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
