Canadian Market Direction Message Board

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Strategies & Market Trends : Canadian Market Direction

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To: Chun Ye who wrote (8)	6/3/1997 3:33:00 AM
From: hsg	of 35

As I watch this market, I continue to keep an eye on the CRB index looking for signs of inflation that will drive the earnings of some traditional late cycle resource companies. Nothing. I'm confounded at the length and power of this bull market and feel that the longer the and more pronounced the upturn is the more disasterous the eventual downturn will be. This Canadian market, though, has underperformed it's U.S. counterpart, so I feel we will make up some ground before this bull comes to and end. Baring any signifigant news from the U.S. Tuesday should be a good day. Am curious to see if the Canadian dollar will see any signifigant changes today as well. Jan, another good thread you've started...

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