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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (7915)	6/6/2007 9:35:47 PM
From: John Pitera	Respond to of 33421

Hi M, I don't know how Jon K does not see an inflationary impetus in the global economy when the resource currencies of CAD and AUD even NZD are just totally on fire recently,I mean en fuego!!! The Canadian Dollar has just totally burned the barn down against everything the past 2 months, and the AUD has been no slouch either. The Kiwi was actally outperforming the AUD on the cross this week. I know Dennis Gartman was negative on the CAD especially against the JPY in late 2006 and early 2007, I don't know when or how he got out of that position trade, but he must have had some of the reasonably sophisticated fund money short the CAD for it to have gone so parabolic the past few months. how have ya been? John