1/14/08 Cad

CAD looking really weak here against all reason. Oil higher, Gold Higher, FFF = 100% 50bp cut.

TSX has diverged 1000 points vs. the dow in a very short time

I know a lot of people are shorting CAD betting we will follow USD weakness...but i think these folks will ultimately be wrong.

No position right now, but considering long CAD after the BoC rate cut.

any thoughts?
 
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