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Dollar Bull Fund bets on US gains

 Aug 27, 2008 05:00 AM UTC
Symbol Sentiment Start Return Closed
DXDBX Positive 08/27/08 +28.37% --

Graphic_arrow1 Via TheStockAdvisor:  

 "I think the dollar's bullish trend is set to continue, and a further 20% rally from current levels seems not a question of 'if', but 'when,' says Nick Vardy.

The international stock expert and editor of the Global Bull Market Alert explains,"My latest pick, Direxion Funds Dollar Bull 2.5x Fund (DXDBX) is a leveraged bet on a sustained dollar rally." Here's his review.

"After flirting with record lows against the euro in July, the U.S. dollar hit a six-month high against the euro as the economic slowdown outside of the United States gathered pace.

"The popular 'decoupling theory,' that the rest of the world's economies can continue to thrive while the U.S. economy slows, has proven to be bunk. As it turns out, other global economies, not the U.S., are flirting with recession.

"It was recently announced that the 13-nation, euro-area economy shrank in the second quarter,

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