Well, i am looking at Euro vs. $US. Interesting how the $US as nearly 80% versus the Euro. A couple years back on my honeymoon it more like $1 = .67ish Euros. Horrible exchange. But with the US Govt printing money to cover the credit side of things, i better get me a good exchange now.
Its funny how i am treating this exchange thing for my European trip much as i would a traded stock (i dont do FOREX). This year the $US versus Euro has ranged from .75 to .79+. Last year .63 to .78
Following older data it seems that the $US strength really follows the strength of the market. Interesting... Thus, i am thinking that i may need to get a 1/2 position now, as we know a crash may soon be upon us, with another rally to follow.
Of course, the bears will be back, but it may take until 2010 for that to happen. Man, i wished i just bought long term-puts on FAS and FAZ instead....
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