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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (48860)4/21/2004 6:00:13 AM
From: Taikun  Respond to of 74559
 
At the card table, the central bankers sit with their poker faces on producing an endless supply of chips to satisfy the fact that they're losing every hand and yet if they just keep supplying chips they can play on and on regardless of the odds of any particular hand panning out. They're not even looking at the numbers and suits. The dealer has left, the bankers are drunk and the card table sags under the weight of worthless chips noone would dare try to cash in for anything more than a stuffed Monkey.



To: TobagoJack who wrote (48860)4/21/2004 1:59:00 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 74559
 
Message 20048414

edit 50% cash, down a bit for the year..
still waiting for CanRoys..
1-Looking @ rising greenback which will hit US holders both in unit value and distributions... USD up close to 7% against loonie this year. There are lots of US holders in some of these. Maybe another surprise in foreign ownership coming to like Provident before and recently Pengrowth and Enerplus.....
2-Shoulder season appears to have arrived... so now watching for forecasts of cool summer :o) I'd like to load up much lower...
3-rising interest rates also cause them to selloff.
who knows...