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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (11396)12/12/1997 9:57:00 AM
From: kas1  Read Replies (1) | Respond to of 94695
 
>Not me... I got enough grief with old US of A options...
>and you want me to go long on Korea? Now THAT is a real
>gamble! <ggggg>

Yup, I was thinking about just some small change placed in a Korea mutual fund, or else in one of the Korean mega-corps (which apparently can't be invested in, at least not by us folk). You-know, long-term. Doing the "stupidest" thing imaginable when no one else is doing it. But not yet. Definitely not yet. I think there are some institutional valves over there that have been delaying -- and are still delaying -- the full-scale reaction. Haven't they suspended trading in the stocks of the largest banks, for something like a MONTH? Just as those safety valves ease and everything looks the darkest would be my entry point (easier said than done).

Best of luck to all.