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To: carranza2 who wrote (1413)	2/12/2008 7:38:11 AM
From: alanrs	Respond to of 1575

I sold the FXY at $93.04, first thing. Of course it's up 5% from there, but that's Ok. I have a variety of concerns regarding currency. First, there are about $200+ billion in losses probably still out there and that paper is held somewhere. I see no reason Japan couldn't be holding their fair share. Second, virtually all of my stock investments (the other 50%) are tech with a lot of foreign earnings, so are somewhat hedged against the dollar. Third, I don't have a lot of foreign interests, and the world is big enough that I can still find affordable vacation destinations. And then there's always the peculiar cultural relationships that might not be obvious between government and the money supply. That's a lot of balls to juggle wearing a blindfold. I bookmarked a 'coming currency crash' thread, but mostly have mostly seen anti-Bush rants. If you know of a good thread on the subject, I'd certainly read it. Also, I had written a long response yesterday, which disappeared into the void, the upshot of which was that being comfortable with your investing premise is half the battle. ARS