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


To: stan_hughes who wrote (10529)11/11/2008 6:11:51 PM
From: Hawkmoon  Respond to of 33421
 
To use an analogy, Canada might enjoy its current position of being in a drier and fancier lifeboat at the moment, but they're still floating about in the middle of the ocean without any food or fresh water along with the rest of the Titanic's former passengers

Well stated. The US is still the largest economic chunk of the global economy (as a single nation) and certainly Canada's largest trade partner.

Hawk



To: stan_hughes who wrote (10529)11/11/2008 7:33:49 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 33421
 
I don't take it as gloating stan.. I've been preaching a long time we are too tied to the US.. Hearing some gloat at US misfortune.. I always thought give your head a smack folks.. and wake up... if the US suffers and 80% of our trade (Canada) is with the US... it's not rocket science to figure out... and yet you get a gold bugger like Sinclair spouting the loonie at 2x USD a while back... WTF ... How in their right mind can anyone buy that crap ... ?

High cash...about 25% in the market.. mostly yield.. infrastructure and essential services.. and I still managed to get hit today :O)

I may pick up an ignore now LOL

At least it may make sense for me to own gold finally withe the loonie tracking the USD in a realistic range :o)

Interestingly housing starts were up YOY for the latest month reported in Canada.. Surprised me..

TBS