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Politics : Ask Michael Burke

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To: Kapusta Kid who wrote (23912)	10/24/1997 11:40:00 AM
From: Knighty Tin	Read Replies (1) of 132070

Pete, I don't own the Thai Fund due to the premium. I am waiting for the Thai Web to be listed. There is no surprise in what you see in the charts. As a contrarian, I take technicians charts and turn their analysis upside down to find bargains. Technicians like stocks that have already gone up and are probably fairly if not over priced. I prefer to buy those that are about to go up and are dirt cheap. They buy coffee when there is a shortage, I wait for the inevitable supply that kills the price. Different attitudes about investing. Different results, too, which is why no major money manager is a technician. But, at least they have the comfort of running with the herd. -g- MB

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