Re: Coining a new phrase, "the falling dollar bubble."

PHLX foreign currency options.  www.phlx.com

arb.

"Gary Fritz" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
> I think it's undeniable that the dollar is tanking.  According to the
> table at
> http://www.frbatlanta.org/invoke.cfm?objectid=E4DCDB6F-4F9C-11D5-
> 93360020352A7A95&method=display
> the dollar index has dropped 13% since its peak 22 months ago, after
> steadily rising 32% from the start of data in 1/95.  Currency trends
> like this tend to run for a long time, and I don't expect this one to
> be any different.
>
> What's the best way to profit from this?  I'm thinking of selling some
> DX futures, but there must be other good ways.  What could be done from
> e.g. an IRA?  Buy some foreign-denominated mutual fund and hope the
> foreign stock market doesn't tank?  What's a good pure-currency-play
> option for IRAs and other non-futures vehicles?
>
> Gary