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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Joe Stocks who wrote (12972)	10/28/1997 11:23:00 AM
From: IQBAL LATIF	Respond to of 50167

Techs will perform better- look at low P/e not higher but in my opinion you should wait for aggressive buying right now buy small calls.

To: Joe Stocks who wrote (12972)	10/28/1997 11:25:00 AM
From: Mosko	Read Replies (2) \| Respond to of 50167

Joe- Do you have the Schwab direct on-line software? I finally got through on their direct online service. Couldn't do anything on the web on either Schwab or Datek.

To: Joe Stocks who wrote (12972)	10/28/1997 12:06:00 PM
From: capitalistbeatnik	Respond to of 50167

Yes. Buy Latin American CEFs such as CH. Took a tremendous pounding with the Asian currency crisis undeservedly so. Chile is a stable economy and the most economically sound nation in the Western Hemi next to the U.S. (sorry Canada). Also, CEFs in HK and Asia (TCH and GRR for example) are not only way down but selling under net asset value so these are tremendously cheap. Its a win-win. When the psychology changes which it will, HK CEFs will go up both on the narrowing of discount and rise in price.