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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (12614)	12/31/1997 10:16:00 AM
From: x70sxn	Respond to of 18056

Chin up gentlemen-Soros is on ur side. 07:43 SOROS TO FT: WORLD FIN. SYSTEM BREAKING DOWN DUE TO ASIA CRISIS. 07:41 THAI PM: WORST IS YET TO COME FOR THAI ECONOMY. ******************************************************************* We are all right...I guess we got to wait. Shrini [Some times simple logic answers the complex questions]

To: Tommaso who wrote (12614)	1/2/1998 9:29:00 PM
From: John Hunt	Respond to of 18056

Did US funds lose or gain cash in Dec? biz.yahoo.com Garbage in ... Garbage out. <<< ggg >>> John

To: Tommaso who wrote (12614)	1/3/1998 1:16:00 PM
From: Bonnie Bear	Read Replies (2) \| Respond to of 18056

Tommaso: I looked at BEARX' report. Tice is holding 62% in short-term funds (treasuries and demand notes) and 27% longs, (some would have been excellent shorts) and 55% short, with some shorts the same as his longs. So he's set up to reduce losses and match indexes rather than maximize profits, that's why his performance is poor. With a 3% fee it's unlikely he'll do much better than cash until the market indexes turn down. Since a rolling bear can continue for years it might be wise to sell out part of it and collect profits when he's up 10% , then reinvest at a dip.