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Strategies & Market Trends : Closed End Global and Country Funds

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To: yard_man who wrote (188)	1/27/1998 11:17:00 AM
From: Mike McFarland	Read Replies (1) of 289

...and the Premium published in Barron's January 26th issue for First Philippine Fund was +19%. Better than TTF, which was +145%--what a joke. Not that my opinion is worth much, but I traded a move from 6 1/8 to 7 7/8, and I'll probably try to trade it and Philippine Long Distance (18>21) again. Oh no! I'm hooked. Hopefully will see the Philippines get too cheap again pre-elections, or maybe a Clinton induced shock will circle the global markets and give another trading opportunity...

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