Good thoughts there on the loonie...have been noticing similar attitudes about our currency in my neck of the woods lately as well. Lots of complacency, with absolutely no thought or concern that it could even correct versus the USD in the near term, let alone go into a downtrend.
"If it's obvious it's obviously wrong." Good phrase to keep firmly in mind right now. That 94% bullish sentiment on the loonie has certainly got my attention. Even the announcement of a national election has not slowed it down in the last week or so, perhaps because the expected 'winner' is so obvious, lol...