Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (48860)	4/21/2004 1:59:00 PM
From: Cogito Ergo Sum	Read Replies (1) of 74559

Message 20048414 edit 50% cash, down a bit for the year.. still waiting for CanRoys.. 1-Looking @ rising greenback which will hit US holders both in unit value and distributions... USD up close to 7% against loonie this year. There are lots of US holders in some of these. Maybe another surprise in foreign ownership coming to like Provident before and recently Pengrowth and Enerplus..... 2-Shoulder season appears to have arrived... so now watching for forecasts of cool summer :o) I'd like to load up much lower... 3-rising interest rates also cause them to selloff. who knows...

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