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Strategies & Market Trends : Mexican Stocks and Funds (MXF) -- Ignore unavailable to you. Want to Upgrade?


To: Jacques Tootight who wrote (22)7/5/2000 5:03:53 PM
From: opalapril  Read Replies (1) | Respond to of 32
 
"world capital markets will probably be on his side."

What Fox has is the military -- for the moment -- and a lot of foreign corporations. What he needs is the entrenched bureaucracy, the federales, the Congress, state and municipal governments, the judiciary, the drug cartels, the Zapatistas, university students, the intelligensia, and the Church. Uproot and reform all that in 5 years while cutting back on already minimal support of the poor? Not likely, and certainly not without major pay-offs, bribery, blackmail, murder, and who-knows-what-else all of which, I am predicting, will corrupt the Fox administration even more easily than so many of its predecessors.

Mexican stocks will do well for a time, but don't put them away in a time-locked time capsule.



To: Jacques Tootight who wrote (22)7/5/2000 6:42:14 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 32
 
Oui Jacques!, Sometimes I'm too tight with my money, but in this case, I seem to have done okay.

Here's what my history looks like as of today's sell of about 4% of my holding........
aim-users.com

It's fascinating to see what can happen with an election in some other markets. I started my MXF investment after the 1994 Peso crash. It's not been the best performer in the portfolio, but there's always been some potential and it's not a huge portion of my account.

AIM's been a pretty good guide along the way. I'd not have the profits I do without it in MXF.

Best regards, Tom