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Pastimes : Ask Mohan about the Market

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To: Bonnie Bear who wrote (10734)	12/10/1997 2:37:00 PM
From: Chip McVickar	Read Replies (1) of 18056

Bonnie and All - another Bear Fund . Franklin/Templeton Hard Curency Fund - ICPHX Followed this thread for a while and have not seen this Fund mentioned Thought it might be of some interst. . The fund basically believes the US $ is toast and not worth owning. The fund buys stronge currencies against the dollar and I believe uses shorts Anyone owning this fund over the last 2 years would have lost a lot of money. It is definately for timers and a falling dollar. Not recomending a purchase - just putting out the info. Anyone familiar with it---would like to here from you. This might fit into some future market conditions. Thanks Chip

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