Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (15880)	3/1/2002 8:27:25 AM
From: Frank Pembleton	Read Replies (1) of 74559

David... I'm long on the Canadian $ - but that's been a mugs game for the last 30 years. Now having said that, I'm somewhat apprehensive about taking any sort of position in a manufacturer that's dependant on a weak local currency to make a go at exporting into the U.S. Seems once the U.S. starts using tariffs on trade - currencies seems to fall in equalization. We're far from a "syncronized global recovery" as reported on CNBC - so steady as she goes with the gold bull. Regards Frank P.

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