Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: 200ma who wrote (42527)	12/5/2003 10:12:09 PM
From: TobagoJack	of 74559

Hello exmedstudent, <<do you have any symbol for a mutual or index fund which would trade/correlate with a rise in USD>> Grace’s response to your post is educational for me. I agree with her implicit advice about staying clear of futures unless you actually need the particular commodity/currency in question for your trade or life. There is a broader issue embedded in the question you raised, in that how can we, or rather, how would I bet if I thought the USD will rise against other major currencies? Off the top of my head, I would say, my portfolio achamchen.com must be adjusted thus: (a) Take out ZAR/CAD/AUD loans (b) Pay back my USD loan (c) Sell gold down to 3% of gross asset (d) Buy lots and lots of S.African platinum mining shares in celebration of US economic recovery, and in anticipation of imminent rise of more car sales in the US and jewelry sales in China/Japan, along with the coincidental collapse of S.African mining cost in USD terms (e) Retain Australian and Canadian resource shares (f) Buy some Japanese exporter shares (g) Convert all non-USD back to USD/HKD in a hurry (h) Buy US equities and ‘ladder on’ US treasuries (i) Adjust my play with NEM Put/Call, and initiate flirt with INTC Put/Call (j) And if I wanted to speculate, buy USD Call and a Euro Put option from bank However, I do not believe this is a contingency plan that I will have to implement any time soon :0) Chugs, Jay

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