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Shorting the canuck buck

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  • greybeard
    Senior Member
    • Jan 2004
    • 427

    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?
  • iceman
    Senior Member
    • Dec 2014
    • 751

    #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

    Comment

    • mbdog
      Senior Member
      • Dec 2013
      • 345

      #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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      • sumdumguy
        Senior Member
        • Mar 2007
        • 11992

        #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.

        Comment

        • ALLFARMER
          Senior Member
          • Sep 2002
          • 1640

          #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.

          Comment

          • ALLFARMER
            Senior Member
            • Sep 2002
            • 1640

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

            Comment

            • Hopperbin
              Senior Member
              • Dec 2007
              • 6562

              #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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