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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (42314)	11/5/2008 5:20:23 PM
From: Night Trader	Read Replies (1) \| Respond to of 220242

FWIW My personal strategy will be to buy heavily into the AUD but not till next year. In 2001-2002 during the last commodities bust the AUD TWI was sub 50 for about a year versus around 55 now and you have to figure this will at least as bad globally. Ozzie rates also have a long way to fall which will chase out the carry traders. The AUD/USD got down to 48 cents then but I'm not expecting that, given how strong the USD was then, maybe mid 50s with the inevitable overshoot (most currency traders are trend followers). BTW You can download historic currency data in Excel here: rba.gov.au BTW2 I haven't used it yet but you can open an account in a foreign bank from the US using HSBC: hsbcpremier.com