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



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



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