Muddahudda Wrote: ------------------------------------------------------- > Go long a currency future of your choice. As long > as it is not USD… What is your preferred > counterpart currency and why? I like this, I like it a lot. RMB and Won for me. In fact when I am in Seoul later this year I’m thinking of expatriotizing some money (or whatever they call that)…but my tax guy says there are issues we need to discuss first. You know I think this is one of those things like subprime, we all knew it was gonna blow (sorry dood if you didn’t actually know this), but the question is when, there can be a big lag, f@#$ I knew sub was gonna blow in 2002 but had to wait 5 years, then there is some event that triggers it (like a buttload of 5yr arm loans resetting), and boom. USD is gonna go boom, but you gotta wait for it, maybe 10 days, maybe 10yrs.
I think the long term trade based on fundamentals is short dollar, but the short term trade is never clear.