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6 pts

Opinion on  CurrencyShares Japanese Yen Trust (FXY)
It's worst than they're telling us ...

Jul 03, 2007 01:09 AM GMT
Return Risk
+37.46% HIGH
Analyst

Recent News   Favorable/Unfavorable Valuation  

The U.S. housing bubble has not seen the bottom yet; the worst is yet to come.  CMO's are in dangerous territory and debt investors will pay dearly.  As a result, the continuing long-term dollar weakness will force smart money into a strengthening Yen as the shorts cover their positions.  This ETF is a prudent way for investors to take part in the upcoming Yen strength.


FXY:  This call was made on 07/03/07 @ $81.9
Rating:   Positive   $81.9 (07/03/07)
Gain/Loss:   +37.46% in 886 days


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