Cdn dollar to drop to low $.90s USD according to BMO

[buzz]

http://www.cbc.ca/news/business/story/2011/09/28/bmo-loonie-estimate.html

This european financial mess is really spooking the markets.

A couple of months ago these experts were saying the Cdn dollar would be $1.10 USD.

I am not complaining, this is good for our operation. Makes the winter vacation a little more expensive though.

[charliep]

No takers on the conversation so will post the loonie weekly and monthly chart.

<a href="

[charliep]

[URL="http://farms.com/FarmsPages/Markets/tabid/214/Default.aspx?page=chart&sym=D6Z11&domain=farms&stu dies=Volume;&cancelstudy=&a=W"]weekly[/URL]

&lt;a href=&quot;http://farms.com/FarmsPages/Markets/tabid/214/Default.aspx?page=chart&amp;sym=D6Z11&amp;domain=f arms&amp;studies=Volume;&amp;cancelstudy=&amp;a=M& quot;&gt;monthly&lt;/a&gt;

[Choice2U]

I've got a daughter going to college in the US so based on that fact, the Cdn $ will surely crater. Only did 1/2 her tuition/res at $1.03 (missed highest) so now will wait for next upturn before I convert the next amount. It'll probably drop to 92 cents, rise to 95 on the next upturn which will still be below what it is today if my luck continues...lol but at least I have the choice of when to do it.

[katoe]

If it makes you feel better keep telling yourself that