http://www.1stMillionAt33.com/2007/12/us-dollar-rebound-will-be-short-lived/ A site to share my tips, tools, and humble thoughts on the journey to wealth Tue, 27 Jul 2010 22:24:37 -0700 http://wordpress.org/?v=2.8.5 hourly 1 http://www.1stMillionAt33.com/2007/12/us-dollar-rebound-will-be-short-lived/comment-page-1/#comment-3628 JohnDiddler Wed, 05 Dec 2007 06:42:43 +0000 http://www.1stMillionAt33.com/2007/12/us-dollar-rebound-will-be-short-lived/#comment-3628 at this point i'm convinced it's not based on fundamentals, but i heard currency swings last longer and go further so i'm still sitting in fxe. at this point i’m convinced it’s not based on fundamentals, but i heard currency swings last longer and go further so i’m still sitting in fxe.

]]> http://www.1stMillionAt33.com/2007/12/us-dollar-rebound-will-be-short-lived/comment-page-1/#comment-3627 John L. Tue, 04 Dec 2007 14:39:56 +0000 http://www.1stMillionAt33.com/2007/12/us-dollar-rebound-will-be-short-lived/#comment-3627 Why not buy something like Direxion Dollar Bear 2.5X Inv (DXDDX)? Via MSN, "The investment seeks daily investment results, before fees and expenses, of 250% of the inverse of the price performance of the U.S. Dollar index. The fund normally invests at least 80% of assets in financial instruments that, in combination, provide leveraged exposure to the U.S. Dollar index. It creates short positions. The fund may invest in foreign currency debt instruments, forward contracts on foreign currencies, currency futures contracts, options on currency futures contracts, swap agreements, options on currencies and foreign currencies directly. It is nondiversified." Expense ratio of 1.75% Why not buy something like Direxion Dollar Bear 2.5X Inv (DXDDX)? Via MSN, “The investment seeks daily investment results, before fees and expenses, of 250% of the inverse of the price performance of the U.S. Dollar index. The fund normally invests at least 80% of assets in financial instruments that, in combination, provide leveraged exposure to the U.S. Dollar index. It creates short positions. The fund may invest in foreign currency debt instruments, forward contracts on foreign currencies, currency futures contracts, options on currency futures contracts, swap agreements, options on currencies and foreign currencies directly. It is nondiversified.” Expense ratio of 1.75%

]]>