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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: miklosh who wrote (23859)	10/23/1997 11:44:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Miklosh, The problem, purely and simply, is a strong dollar and, of course, the takeover of Hong Kong by a ruthless dictatorship that stomps on anything resembling individuality and creativeness, despite protests saying that they have changed. Yup, and the cobra won't strike next time. -g- I never wait for an upturn to buy. What does that tell you, other than that somebody else is smarter than you? The shares can fall further from 5 pct. higher than they can from these prices. I have never understood the idea to buy AFTER a stock or fund has gone up. I think that most of Asia is cheap, especially The Philippines, Malaysia, Thailand, Korea, and Indonesia. Singapore is not as cheap, nor in as much kimshee. However, we have to look at geography and realize that they are tied to Malaysian problems, no matter what there own policies. So, as Templeton said, buy when there is blood in the streets. Using my thirds method, I wouldn't be without a third position in several of these countries, through Webs or CEFs. Good luck, MB