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Gold/Mining/Energy : transcanada pipelines (TRP) -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (162)7/1/1999 10:55:00 AM
From: Goldberry  Read Replies (1) | Respond to of 292
 
TRP followers might be interested in looking at the following charts; one for the U.S. NYSE trades the other for the TSE. The chart for the NYSE looks much more impressive covering the short term than TSE does. In particular look at the recent volumes toward the end of June. Some of you may not even realize that since TRP went X-Div last Monday the 28th yesterdays 20.75 close is equal to over $21 sh (20.75 +.28 qtr div)

quote.yahoo.com

IMO this is very bullish for TRP and many other Canadian stocks as I believe this indicates foreign buying of the Canadian market.

Look for the same trend to continue TRP represents excellent value for Foreign investors who see a good dividend and probable foreign exchange gain as our dollar increases.