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Re: ItsAllCyclical post# 18850

Monday, 04/27/2009 4:10:14 PM

Monday, April 27, 2009 4:10:14 PM

Post# of 19037
IAC . . . since you have no position in energy I'll say this:

The C$ is one currency that's not being clobbered.

CADUSD -.8%
EURUSD -1.6
CHFUSD -1.4%

does this mean the inflow of foreign capital into the C$ as well as the US$...?

if that's the case, then energy should remain a good deal as it will move with the market. We could see a bounce upward as soon as tomorrow.

Note the high volume trading in NG.

fwiw, I'm still long the crude ETF, stopped out of NG last Monday.

anyway, I'm outta here - I also have housework........:)


FP........................................................

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