Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (72244)	1/28/2010 11:01:33 AM
From: Haim R. Branisteanu	Read Replies (2) of 74559

Based on the new buzzword - that changes to BRICS with BASIC's I also took into account Canada the northern US biggest trade partner. (last year I already added $AUD which is performing just fine) If the US economy will recover this will give a bust to the Canadian economy - as a commodity rich country I anticipate that due to growth of the BASIC economies Canada will benefit - which bring to the conclusion that it will be no harm to buy around 100,000 $CAD and also write some PUT's on another 100,000 $CAD v the USD

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