Canadian vs. US Banks--Better PE and rising C$ Message Board

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Non-Tech : Canadian vs. US Banks--Better PE and rising C$

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To: Mr.Manners who wrote (32)	4/16/1997 9:58:00 PM
From: Steve Bevington	of 230

Hi Kasha, the Canadian banks continued to surprise me today, if they go much higher I may be forced to buy some puts. I don't see this rally continuing much longer. Just for interests sake (as always) the Almanac predicted a 54% likelihood of the Dow rising today. Hmm. As for Thursday, it states only a 45% chance of this, so if it's right the Dow will selloff somewhat tomorrow. I've been reviewing the figures since I got the book in February, and it seems to be right more often than not. I should figure out the percentage of times it's correct one of these days. Do you continue to feel WFC will drop further? How about MO? A guy in my office recently picked up some 1999 50 Leaps. He's pretty happy so far, I can't believe it was up over $12 pre-split today. Wow! Steve

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