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Strategies & Market Trends : Closed End Global and Country Funds

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To: yard_man who wrote (209)2/5/1998 12:34:00 AM
From: Mike McFarland  Read Replies (2) of 289
 
Good luck to you too Barry, and now a bit off topic
(but the thread is pretty dead these days, so maybe
I am at least entertaining you all)...

...some random evening musings. I used to trade
in and out of Pakistan Investment Fund. Then I decided
that watching their market respond to the weather and
the cotton harvest just got too silly for me (of course
I also got sick of logging on to pakistanlink.com and
seeing nothing but terribly bad news). Anyway, now I
try to restrict investments to places where I think I
might vacation someday--heck, you've gotta weed your
choices down one way or the other. I also hope this
will encourage me to hold onto things longer--for
instance I have Viragen, VRGN--probably pretty risky,
but I'm in at $1.4, and next vacation is Scotland
(where their facility is).
Anyway, with any luck maybe there is at least a
spurious correlation between places one might like to
visit and places that are a good investment. I have
NO interest in ever visiting Korea or Indonesia, Korea
apparently isn't much to look at, and Indonesia is
not very modern--Malaysia on the other hand I have
heard nothing but good things about. Also Malaysia
is almost the cheapest of all the Tigers, whether it
be for prime office space, or a scuba vacation.
Hong Kong, Singapore and Taiwan probably have more
room to deflate.

Hope I am not boring the thread too much--I'd retreat
to the topic I started, but nobody ever visits it!
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