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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Davy Crockett who wrote (5013)	4/14/2004 4:25:03 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 5144

Thanks Peter. Speaking of Canada. I've been using the Barclays Global ETF XSP on the TSX for a little added juice. Thinly traded - spreads can be an issue, but they always seem to make sure there is ample volume at bid and ask. With a rising USD against CAD, you get a little extra juice. Here's the SPY for comparison trendvue.com Here's the Canadian ETF XSP which via derivatives follows SP. With a rising USD, it outperforms. trendvue.com Making a bet that the USD has farther to go (up) against CAD. If wrong, it can of course work against returns in a rising market, and make losses worse in a falling market.