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

To: Rocket Red who wrote (98394)11/8/2007 6:18:40 PM
From: Canuck Dave  Respond to of 313343
 
"It's an ill wind that blows nobody good."

The soaring loonie has also put a crimper on the fall rally, too.

I think BOC was intervening in currency markets today trying to stem the tide. Next step is a rate cut and a race to the bottom.

CD



To: Rocket Red who wrote (98394)11/8/2007 6:23:14 PM
From: Rocket Red  Read Replies (1) | Respond to of 313343
 
What better way to break the camel back when things are going gung-ho in Canada???

1 High Canadian buk to send us down like the usa???



To: Rocket Red who wrote (98394)11/8/2007 6:29:30 PM
From: robnhood  Read Replies (1) | Respond to of 313343
 
<<On an annualized basis, this
would impact our sales by over $50 million. >>
What exactly does that mean?
The US will buy 50 mill less, or that revenue reported in CDN $ will read 50 mill less, but still be the same in US$?


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