brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
Barron's mentioned something I missed: AAB.WS (AAB-WT to Yahoo Finance). These are warrants (think call option) that expire in Feb 2008 and pay off if the market value of an equally weighted basket of yen, yuan, singapore dollars and taiwan dollars is above a set rate (roughly at current market levels). Since Barron's mentioned it, it will be overpriced for a week or two as the idiot followers of that magazine jump on it, but it might be something to file away for later if you need to hedge against a rise in Asian currencies vs. the USD or you wish to speculate on the same. I'd also suggest reading the prospectus before you even think about buying this thing.