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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: Logain Ablar who wrote (2742)5/22/2002 10:51:00 PM
From: John Pitera  Read Replies (2) of 2850
 
Tim, The rise in the AUD and the CAD has been really impressive, the entire month of May has so far been a very assertive uptrend. The Aust. dollar has not gone down 2 days in a row this month. Basically all the major currencies have been very strong against the US buck.

You have to consider we're probably heading for a long hot summer with continued turmoil in Mideast and a strengthening Canadian dollar. All positives for oil patch companies.

Energy companies with lots of Canadian operations will be helped by the stronger loonie.
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