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Strategies & Market Trends : Closed End Global and Country Funds
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To: Allen Furlan who wrote (220)2/21/1998 6:39:00 PM
From: Tommaso  Read Replies (1) of 289
 
"now Im not so sure that just buying MAKOX is not the best strategy"

That is what I concluded. Someone on this thread or elsewhere was quite pleased with making 5% in a week with a hedge of KF versus MAKOX. A few days later I bought MAKOX and in two trading sessions it was up 25%. It's back down now, but recovering. The hedge seems too complicated (for me, anwyay--but also for John Templeton, who bought about half the total holdings of MAKOX in December).
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