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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (53591)9/21/2004 10:14:51 PM
From: Condor  Read Replies (1) of 74559
 
Some talking head today on ROBTV commented that "the prospects that we are hearing of the Canadian dollar going to .80 or .85 ,if nothing else, suggest the CDN dollar will hold for some time going forward vs. the US dollar".

Jay, one thing I am confident of is that "nobody knows". Inevitably all forecasts for the CDN dollar direction that I have heard over the last 15 years have mostly been wrong.

If it reaches .785 I'll trade another tranche or brigadoon or whatever it is that you call it. <gg>

I asked the other day on this thread for opinions on the level of the S&P 500 next June. No one bit. Care to make a wild guess ?

Cheers

C
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