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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (25275)1/3/2000 12:51:00 PM
From: Canuck Dave  Read Replies (2) | Respond to of 56535
 
** OT ** Do all US brokers preclude trading Canadian stocks?

I seem to recollect Max saying he traded them sometimes. At some point, Canadian stocks will outperform US issues. There's also good issues like NT, NSATF, ATYT, and ZICA, which are of course Canadian issues you can buy on US markets.

The other issue is that the American dollar is dropping against world currencies. If you buy Canadian stocks, it's a hedge against further negative moves. On the other side of the coin, my portfolio is off a few thousand the last few days purely because I carry most of my cash in the trading account in US dollars.

CD



To: Trader J who wrote (25275)1/3/2000 12:53:00 PM
From: R L  Read Replies (1) | Respond to of 56535
 
TJ;
I have traded the Canadian exchanges here in the US since '91 when I became interested in the Canadian junior exploration and development companies. Have an account with brokerage in Spokane,Wash. that clears through Canaccord so you don't get screwed on the exchange rates. DFI at $3.65 Canadian remains the single biggest score of my trading life.
CD; one that I'm looking at now is V.UBS. Do you hear anything up there about them?
RL



To: Trader J who wrote (25275)1/3/2000 2:18:00 PM
From: johnsto1  Read Replies (1) | Respond to of 56535
 
I can get you some real cubans