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Strategies & Market Trends : Israel

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To: Timna M. Hurwic who wrote (3)1/10/1997 4:39:00 AM
From: Lloyd Bloom   of 54
 
Timna
Can you tell me where (if any place) on the Globe website there are charts of the Maof and any other indexes?
I get the impression the Israeli public is beginning to change their attitude towards real estate and stocks (i.e. stocks can go up and real estate can go down). If this does get into full swing we should see a nice rally in the Isreali market.
Also it would be easier for me to look at the stocks you mention if you could include their symbols. I will take a look at all your suggestions and get back to you with my opinions.
I personally tend to like to buy Israeli stocks which have corrected from
highs but have stablised. I tend to be more of a momentum player in the American market, but find the volatility in the Israeli market harder to play in the same manner. I tend to hold my Israeli positions longer than in the american market.

I recently purchased DSSI and sold TSEMF when TSEMF had a nice run up. Take a look at their web site
dssiinc.com
I am really hot on the long term prospects of this company. DSSI may ease a bit more if Tower continues to correct but stock appears to be way undervalued.

Again please post the symbols for all the stocks you suggest as it would make my research much easier.

Lloyd
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