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Shorting the canuck buck

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    Shorting the canuck buck

    Are we at the point where every moron knows we should have been using US $ investments instead of CAN?
    What is the best way to take advantage of the weak dollar?
    Is it to late to sell short on margin?

    #2
    2009 low of 76 we are heading to that range.
    The Smartmoney Squadron will be launching all birds on a break of 76

    Iceman squadron leader Over & Out

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      #3
      grey...I wouldn't short can$ now...not here...just me...wouldn't jump on a long either though but maybe range play something. will watch for now. 80-78 ....game changing level....If thinking short from here/now where is downside target and why?

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        #4
        My feeling is that ship has sailed. The CDN is down more than 20%. It may go lower but the markets have taught me that I am really on the outside and they can turn against the most foolproof schemes.

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          #5
          Been shorting the dollar since Dec 25th an watching crude (since its considered a petro dollar) I don't see it going much lower.

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            #6
            Input capital is up almost 4% today for those who watch that stock. Big article published by mgmt.

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              #7
              Ford motor company has approx 4 percent dividend At current share price. Have to deal with withholding tax. Dont think oil or our dollar is going up any time soon. Then anything can happen. Usa index still on a rampage. Govt change in greese give tsx a blip. Overwith two hours later.

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