Barclays Capital says that Israel's economy will grow 0.3% in 2009, and 2.9% in 2010. Barclays says Israel is the "strongest recovery story".
Barclays sees the shekel-dollar exchange rate dropping to NIS 3.65/$ in about three months, and to NIS 3.60/$ in about six months. The shekel dollar exchange rate is currently about NIS 3.76/$.
Conclusion: Sell dollars, buy shekel denominated bonds and shares.