Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (31524)	10/14/1998 9:53:00 AM
From: Moominoid	Read Replies (1) of 94695

From a very small investor on the other side of the World. Just sent a check I received in US dollars to my US broker rather than transferring it here. However, I won't start buying more US dollars until our Aussie dollars rise some more. My international mutual fund claim to hedge against "adverse currency movements". So it was rising strongly as the Aussie dollar collapsed. Some of course hedge both ways and soem neither way. They had shares in stuff like Sickso and lots of European shares so they've lost quite a bit recently

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