how to buy currencies

[jk]

there have been occasional questions about how to buy non-dollar currencies [for u.s. based investors] outside of the futures market. somewhere in my readings this weekend i came across the following:

FXE is an ETF that represents the euro. In the very near future (it was supposed to be this week), we will see the following:

FXA Australian Dollar
FXB British Pound
FXC Canadian Dollar
FXM Mexican Peso
FXS Swedish Krona
FXF Swiss Franc

[Jim Nickerson]

Which currencies to buy?

Good information jk about how to get into the currencies.

On safehaven.com each Sunday, a fellow, Volkmar Hable, who has a PhD in what I do not know, posts his weekly comments about what various markets may do as he sees things. You can subscribe to his postings and you'll get them as a PDF attachment to an email. I got mine this morning and a few minutes ago, his post was not yet on safehaven.

I like this guy, not because he says he is up 180% since 1/1/06, but because he has nice charts with clear arrows noting where he thinks the markets are going. He also follows the EUR-USD and has some distinct feelings about the volatilities of other currencies. He prefers trading the Euro, and I think the Euro comprises over 50% of the US$ Index.

I think his comments are worth the time to read about the $, though I place some worth on all he writes.

[jk]

more charts

thanks for the tip, jim. i went over and took a look. you might want to check out the link below. it's a series of public charts maintained over at stockchars.com. there are a lot of indiv stock charts mixed in which don't interest me much, but the guy whose charts these are says he uses them to follow the momentum players- they're the ibd "hot" stocks.

http://stockcharts.com/def/servlet/F...71940&cmd=show[s65818648]&disp=O


i've been doing a lot of reading this weekend and the only thing it's produced is anxiety! [that and, on faber's analysis, i might lighten up on my czj, which i added to not long ago]. i have this fasten-your-seatbelt feeling, but i'm a long-term worrier.

[Jim Nickerson]

Public charts at stockcharts.com

One thing seems clear to me about a value of iTulip, and that is more minds are a whole lot better than my one brain. The site you referenced jk is a nice one, but I think there were 18 pages of his charts. I keep thinking I am compulsive, but the more I see, the more I think I might be normal--too bad I cannot get you to check me out professionally.

Worried is a good sign, ignrance is bliss. You are not ignorant, worry is the burden of knowledge.