Beating AAPL and DJIA with the Yen

August 14th, 2007

Since I last recommended investing in the Yen, FXY, an ETF that tracks the Yen, has increased by 4.58%, primarily driven by the unwinding of the carry-trade. Bloomberg noted that the Yen is now at its 4-month high. The Yen has broken the support level of 118 Yen for 1 USD.

I have restored my long position this morning, expecting a slide of the market indexes today in light of the PPI release and a further slide tomorrow after the release of the CPI, which I expect to be slightly higher than expectations.

In comparison, AAPL has increased by only 3.66% in the same time frame, and the Dow Jones Industrial Average has decreased by 4.28%.

I think I know now which currency Warren Buffet has been betting on.

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Posted by admin Filed in AAPL, DJIA, FXY, Investing, Japan
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Osamu Tezuka’s Mermaid

August 8th, 2007

I discovered Osamu Tezuka’s Mermaid at a retrospective of some of his earlier animation movies organized in 2003 by a local cinema, Rue des Feuillantines in Paris.

I absolutely loved the Mermaid, which is to me more of an animated poem. The music Prelude to the Afternoon of a Faun by Claude Debussy is equally magnificent.

I really hope they play it at the current even marvelofmanga.org, but in the meantime, I found that you can watch it on Google Videos:

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Posted by admin Filed in Japan, Movie, Music
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