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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Investor2 who wrote (5674)6/30/1998 8:19:00 PM
From: Bill Shepherd  Read Replies (1) of 42834
 
I2...maybe Bob will recommend that investors shift their 5 percent emerging market allocation into UTEK! Wouldn't that be a hoot!
This may satisfy your desire to buy low, anyway. Of course, we don't really know if UTEK is low or not, do we??

All kidding aside (yes, I am kidding), I agree with your concern...emerging markets seem low right now...the BIG question is whether they have more upside potential than downside. The thought of all those billions in bad loans is a scary thought, wouldn't you say?? But, let's look on the bright side...the S & L crisis of the late 80's was followed by a fantastic US bull market (though I can't be sure those two events are correlated.) At any rate, I'm satisfied with my emerging market allocation presently sitting in cash. I can always jump back in when the murky water clears up a bit.

Good luck...Bill S
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