CurrencyShares Japanese Yen Trust (FXY)

shorting all currency funds. rates are too low and these should not beat the s&p. also, JPY is so overrated.

One of many currencies I have recently made an underperform call on.

If a currency outperforms the s&p for an extended period of time with this little leverage, it will be the new "American dollar" from a new global powerhouse with the military, economic conditions, tax base, stability, and political will similar to the U.S. China is my vote for the future global safehouse, but I can't see global investors trusting their capital with a communist regime. The consensus seems to be that the dollar will be slowly replaced by a basket of stable currencies, and as such, the S&P should outperform these currencies in the long run.

--Wh1sp

riding a rising 50dayMA trendline... upward 3(?) for the next month or so (fibonacci time)... target 120

MOVE IT OR LOSE IT!

Alternative to T-bills/safe haven (EWP pick, SS choice for preferred currency).

According to the Big Mac index, the $/Yen is worth 81.9, which is equivalent to FXY = 122.

http://www.economist.com/markets/indicators/displaystory.cfm?story_id=13055650

Short Yen currency trade

Get it before it's down for the count.

Short the YEN

China's huge working population is going back to the farm, and the government is concerned about unrest. They have already announced big infrastructure spending, and some of that fiscal policy will directly benefit Japanese high tech.

Also, Japanese businesses as a whole have remarkably solid balance sheets, so I expect that a prolonged contraction will not end in the kinds of disruptive bankruptcy we are likely to see more of in the USA.

Bottom line: the Yen has some important wind at its back, but the dollar may yet see some real trouble.

Nevertheless, this pick carries risks:the biggest being that interest rates in the USA might yet skyrocket, making US Dollar-numerated bonds extremely attractive in a deflationary environment, and driving up the Dollar vis. Yen.

Memo to Obama: Get a really good marketer started on ideas for a "Buy USA bonds" pitch to USA patriots...

tracking my hedges

The dollar is a complete joke. Pay no attention to the man behind the curtain. Go do volunteer work and everything will be ok! Savings rate: negligible. Parasite class: enormous. Plan to deal will the problem: laughable. Sell when the Yen hits 85.

Yen is one of the better fiat currencies.

A MF Pro selection. I expect the USD to decline much in the coming year with respect to the Yen, especially when inflation begins to eat away at us later in 2009. This is a good way to hedge that slide.

I predict that dollar will fall against japanese yen due to rising infaltion

This might have been a great play three months ago but I think this trend may not be your friend. Bearish sentiment is strong and fear is palpable. In my humble opinion, a recession is surely to come if it isn't already here and I think it is dangerous to be moving into investments that move inversely to the S&P 500. ETF SDS (which appreciates inversely to the S&P) is selling for around $100! I bought my SDS around $45. and sold $85 calls expiring in December 2008.

Meanwhile, Warren Buffet is buying his favorite stocks. I believe this is a time to buy the U.S. stocks you've always wanted to own but couldn't buy because they were too expensive.

Discount brokerages are offering free trades to new investors to increase their equity and if you don't have enough money to buy 100 share round lots you can buy 10, 20, 30 shares of a dividend producing company like G.E. without paying a commission (Uncle Warren purchased lots of G.E. around $24.). Of course he has a deal where he can't lose but G.E. is such a diversified company it is hard to believe they will NOT profit from either a Democratic or Republican administration.

I believe the U.S. market is way oversold and when my grocery clerk tells me he lost money and sold all his stocks I take that to be a signal to buy. Wells Fargo offers 100 free equity trades a year if you have a PMA account. That might be an excellent vehicle for us folks who can only afford to buy small numbers of shares at at time. I would be a buyer of the S&P 500 (SPY) at these levels.

If lending in the U.S. loosens I believe investors should be buyers in best of breed home builders. I am buying Pulte Home on dips (symbol PHM). Pulte is in a unique position to profit from a housing recovery and an aging baby booming generation. Pulte owns Del Webb Active Living Communities for us aging hippies who refuse to "Go gently into that goodnight." Seniors are selling their equity rich homes and purchasing Pulte Del Webb community homes free and clear.

Afraid of an individual company stock? You can buy the home building sector by buying XHB, the ETF for the industry. It is cheap in the low teens.

Asia, and Japan, in particular, since we are taliking about Japan, are doing just fine, thank you, in comparision to the U.S.

Japan and the Yen are positioned to really take advantage of the weak dollar and US economy.

Japan: Stagnation, stagnation, stagnation= 10 years

U.S. Inflation, Inflation, Inflation= 2 more years.