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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (17223)	10/25/2004 12:45:22 PM
From: Condor	Read Replies (1) \| Respond to of 312318

I feel you are correct. As a CDN, when I traded Nasdaq I was always delighted that the gains in the US stocks in US $ would be repatriated to me in our low CDN $ and I would gain on the coversion not only from the stock price appreciation but also the currency gain. If the CDN was even lower then, I believe I would have been even more delighted. So, I have to conclude that a fluid reverse situation (panthornets) would be a similar double whammy gain to him. He would gain on the stock price and the subsequent conversion back to US $. It is rather mental gymnastics to get ones mind around the concept especially thinking in reverse, as if I was a US investing into a CDN scenario. I reserve the right to be wrong. <g> C