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Toofuzzy

08/17/07 1:24 PM

#1599 RE: Toofuzzy #1598

Hi Cap

I own a diversified portfolio but for the most part everything moves together more than I would like. I am using AIM and it would be nice if EVERYTHING did not scream for cash all at the same time. (I was VERY busy buying yesterday.... glad I didn't wait till the end of the month)

I started thinking about the VIX and how high it is now. Then I started thinking about AIMing it against SPY or RSP but after looking at a chart decided that isn't the way to go. So then I decided it would be good to AIM the VIX against CASH just like everything else.

Is there a way for me to " BUY " the VIX ? I don't want to use futures or Options. I want some permanent vehicle.

Toofuzzy
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Capitalist

08/17/07 11:06 PM

#1600 RE: Toofuzzy #1598

I got out of the AUD/JPY carry trade that you're talking about about a month ago when the trend started breaking down. I haven't been trading in August because the institutional traders are gone in the summer.

I have found that the money on interest rate trades is really made and lost on the price movements; the interest payments are only a small percentage of the overall P/L. Out of all the money I made on the long AUD/JPY position while I had it, only about 10% of my profit was from interest payments. The other 90% was from the price appreciation.