Friday, March 14, 2008

Should I Stay or Should I Go Now?

Well, I'm really at an impasse with respect to the current state of the AUD/JPY. There are all kinds of messages out there that point to some serious downside risk, but at the same time it has fallen a great amount already.

So, to cut short a lot of withering and dithering, it's time to start sticking a toe into the market. I want to start accumulating some small positions, without risking any serious amount of NAV at any one time, so that I can increase my holdings during the next sustained upswing.

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