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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (210430)	12/18/2002 5:18:28 PM
From: yard_man	Read Replies (2) \| Respond to of 436258

wish they wouldn't do that except when it's trading here -- makes me nervous ...

To: Broken_Clock who wrote (210430)	12/18/2002 5:34:46 PM
From: Earlie	Read Replies (3) \| Respond to of 436258

PK: Can't speak with respect to S.A, as it's politics are difficult to comprehend and there is a bit of an exodus going on that has many folk worried for the long term. I just don't have a useful view on this. The Aussie scene is also not easily discerned (primarily because of their government's close-to-predatory tax laws and free-spending ways) so again, I am not useful here. As far as Canuckistan is concerned, the Loonie's lowly status against the buck has been a wonder to me for a couple of years, as our economy has been in reasonably decent shape on a comparative basis (several big U.S. bond funds have been putting out just that point of view for many moons, so I am not alone in this view). Sure there is much that can be criticized but the deficits have been tackled (albeit through heavy-handed tax policies) and the credit scene is not as distorted as in the U.S. That said, we do so much business with the U.S. that "when the U.S. sneezes, Canada catches pneumonia" says it all. On balance, the Looney appears undervalued against the buck and looks like it is getting pushy. I think it moves up (which boosts our moose pasture examiners no end. (g) Best, Earlie