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Strategies & Market Trends : Closed End Global and Country Funds

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To: yard_man who wrote (207)2/4/1998 2:27:00 PM
From: Mike McFarland  Read Replies (1) of 289
 
Short answer, target is 10 for EWM.

And now, the long answer...just because I felt like bangin' on the ol
keyboard.

Target for EWM--the most recent purchase was just for the
$1000/week game, and the target for that is 8 (insipid, but there
really is a thread here--you start with 5k. Actually, it is pretty fun,
I started with 2500 early last summer to test out daytek brokerage
and am up to 5k now. Not really shooting for 1k a week, be very
happy to get to 10k by end of year.) Anyway, target for 3000
shares of EWM which I got at 4 1/4 is 10. I have no particular
time horizon--when it gets there I'll sell. I am still kicking myself
for not grabbing TLK when it was down around 6, but if you had
to stay out of one of those SEA countires, it might as well be
Indonesia, and maybe Korea. Assuming there is a working
neural net in my skull, and that I've managed to assimilate some
of the data out there while ignoring the hype, I'd list SEA from
best prospects to worst for investment as Malaysia, China, Taiwan, Philippines, Thailand, VietNam, Singapore, Hong Kong, Indonesia,
Korea.

Maybe if everybody who has bookmarked this thread could post
their best-to-worst list we could see if there is any signal. You would
probably want to weight some surveys higher than others--for instance
I dont even read the Asian Business Journal or the Financial Times,
and I might only read The Economist twice a year. The multiplier for
my rankings might therefore be zero ;-)
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