| Maizeing - 3/17/2016 10:53
I would call guys 25% sold on avg..... Of course if you have one hand frozen and the other in boiling water, on avg you are comfortable. In other words, some in good shape and some swimming naked. Don't know that I would take my advice on the $cad other than to say it is following oil. I think Sat and I were the original oil bears. It was a heck of ride but think I stayed a little too long. I didn't see oil coming back as fast as it has and it is dragging the looney with it. I will put out some option strategy stuff tonight that will fall in the too little, too late file. Sorry guys I missed this one. Good thing I trade basis not fx! Kudos to Long KC I think he called the cad low almost to the hour.
It is still very low so I wouldn't say it's too late to do anything. Commodities are up as well with the weaker US dollar perhaps so that has cushioned the blow. but it still needs attention right away I think . Most of this currency premium is still in place. |
Maize and others Canadian Dollar hedge?
