PowerShares Emerging Mkts Sovereign Debt (AMEX:PCY)

LongShortIndex (45.45) Submitted: 4/15/2009 8:20:59 PM : Start Price: $18.56 PCY Score: -6.48

bullish on emerging market currencies & yen at these price points.

buy pcy

short sell ycs (ultra short yen) which will make you long yen

can bank extra points as volatility decays over time on ycs. the daily movements of the underlying & its compounding effects over time will yield the ycs ticker towards 0.

starrider78 (95.99) Submitted: 4/14/2009 12:06:29 PM : Start Price: $18.21 PCY Score: -5.54

Extremely high dividend yield, paid monthly, makes this an attractive addition to any fixed-income portfolio. Bonds are priced for a depression and mass defaults. If you think there won't be mass defaults, get the yields now!