BTW, what has changed in USDCAD fundamentals since February? National economies are big ships, they take a long time to turn around. A 9%...
Disagree that gold is a monetary instrument any more. It's a commodity, pure and simple, & is inflated like all metals & oil. Economist thinks...
Ivanovich, eto byla shutka. Today, the US, tomorrow the world? Wasn't it Laurier who said "The twentieth century will belong to Canada"? He may...
And the pundits are now finding all kinds of reasons for it, of course. Seems it's rational after all - not just kids throwing spaghetti. Dodge...
Personally I've been riding GBPCAD down, it dropped 250 pips today, expect it to go to 2.02. Took my profit, now waiting for it to get close to...
Yes I agree. But the economy is booming and Dodge is a hawk on inflation, so there's an outside chance. Also an outside chance the Fed will get...
Didn't I say? Cheap loonies, Alcoa can bids for Alcan. Cheap dollars, Alcan goes for Alcoa. It's a yo-yo. I look for USDCAN to go to maybe...
On rates: 8 years of double-deficit policies have painted the Fed into a corner. They can't raise rates, or it will do more damage to the housing...
Zonetrooper, you're quite right, stops make you vulnerable to stop hunters. The technique is simple: say I have a billion Euros. I dump them on...
OK, you're crazy. Not all of us play in your leagues: my trading capital is around $20k and I do it as a sideline. I may soon come into $300k or...
BTW, EURCAD is also on a very nice downtrend, and without the signs of strength that GBPCAD is showing. I may switch over, but have to understand...
Yes, USDCAD is clearly still trending down. In the meantime, GBPUSD is also at the moment near the top of a downward channel. That's why I...
Why i don't like stops and try to find other ways to manage risk: stops are a great way to make sure you're always buying at the top and selling...
Yes, yes. China is growing like gangbusters. 10% a year is terrific, 11% is astounding. 40% (oil and other resources) is a bubble. Rapid growth...
Bulls can always cite one-sided evidence, but nothing in the real world grows sustainably at 40% a year. The demand for oil isn't increasing at...
I gave my theory, for what it was worth. Low loonie -> lots of M&A, manufacturing exorts go up, high dollar mitigates drop in resource prices,...
There is no herd mentality. Herds don't have a mind.
Today's Globe was speculating on a possible reverse takeover.
There's talk of a reverse bid now - Alcan buying Alcoa. Having penetrated a 30-year support line, USDCAD is in terra incognita - "here there be...
Ivanovich, if the weather forecast says it's going to be sunny, and you have a picnic, and it rains, does that mean the weather is irrational? Or...
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