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Strategies & Market Trends : Asia Forum

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To: Stitch who wrote (5686)8/19/1998 11:30:00 PM
From: Mike McFarland  Read Replies (1) of 9980
 
EWM and some quotes from the thread...

From tipol we have:
Malaysia: the government is insane--I can't believe what
they're saying and have said and they may interfere too.
Not touching it.

and...
I think buying the indexes is stupid when there are a lot
of much cheaper stock out there


and from stitch...
What constitutes the opportunity here? Or are you guys
just Muy Macho?

and...
I think the blood letting is far from over in Asia

and from Joseph, something about being brainwashed...
Message 5541882

Maybe you fellas are not trying as hard as you might
to shoot down that idea. So, although this is the Asia
thread, I'll give you another to have some fun with:
I also bought some SOA today--South Africa Fund. Tell
me all about how dismal the prospects are for Africa,
about how the Rand will disintegrate, how gold will
go to $50 an ounce. Bring it on boys, don't hold back
this time!

To be perfectly honest, I cant really defend my purchases
too well, other than, yes...EWM is simply way down from
where it was. I've heard a few blurbs about how Japanese
companies have pulled out of some of the other SE Asian
countries...but how they're sticking it out in Malaysia.
Maybe I saw the economist's silly survey about citizens
optimisim, with Malaysians at the top, and remembered that
I once made some change off EWM, and thought I might try
it again.

As far as SOA, no defense tonight, just the fact that
I bought some should be enough to get you started.

eom

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