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Pastimes : Ask Mohan about the Market

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To: robnhood who wrote (13293)1/21/1998 3:49:00 PM
From: John Hunt  Read Replies (4) of 18056
 
Bank of Canada deputy sees possible policy shift

biz.yahoo.com

<< Asked to comment on the decline of the Canadian dollar to near its all-time low against the U.S. dollar, he said could not make a short-term comment, but he said, ''A currency cannot go down to zero. Sooner or later, someone will say, 'Hey, there is value there and I am going to buy,' and the Canadian dollar will rebound.'' >>

russell,

Not exactly a resounding vote of confidence in the loonie, is it?

Might be a good time to buy a wheelbarrow.

< G >

John

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