Replies to post #175835 on Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

Have the daily ranges and closing prices on 3 Toronto/US stocks (PAAS, PDG and WTC) and will track them for a week against the Canuk:Dollar close. I'll see for myself how great (if any) difference it makes.
===============================================================

For a week?
Why even bother?
Imo, most currency relationships move at glacial speeds and I doubt you'll see anything in such a 'blink of an eye' time frame. I would think a minimum of three months would suffice if you want to do it the hard way.

All you really need to do is watch the daily conversion factor between the CAD and the USD to see for yourself that the concept behind your earlier comments was skewed.

May I suggest you bookmark the link below?

xe.com Universal Currency Converter ® Results
Live mid-market rates as of 2003.12.01 23:11:21 GMT.

1.00 CAD Canada Dollars = 0.767422 USD United States Dollars

1 CAD = 0.767422 USD 1 USD = 1.30306 CAD

http://www.xe.com/ucc/convert.cgi

Let me know if you do not understand what those figures represent and I'll try to 'splain it to you further.