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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (8336)9/3/1998 6:46:00 AM
From: Ditchdigger  Read Replies (1) of 29382
 
PS: if you believe as I do, that the Canadian dollar will eventually make a comeback(ie.,commodities will also comeback up),it creates a nice hedge against possible Canadian stock price declines,if you own Canadian stocks..of course the ball could bounce the other way,as it has for the past year<g>But currency is bouncing off its lows(1.00Can=.6314US).Is now the time to increase Canadian holdings?-not sure yet,but global flight to quality Can. bonds(partially due to the interest rate increase) isn't hurting.DD
quote.yahoo.com^XCD&d=t
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