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Strategies & Market Trends : Closed End Global and Country Funds -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (166)1/9/1998 12:48:00 PM
From: HB  Read Replies (1) | Respond to of 289
 
Interesting article:
biz.yahoo.com

I tend to agree, it's time to start if you're not already in,
but buy in several batches and keep the prices widely spaced.
Maybe 1/3 around now, 1/3 when the austerity packages really hit
the fan in 3-6 mos. at maybe half current prices, and save
1/3 for a worldwide depression.

Malaysia is not on my list, but more for political reasons than
investment ones. It and Thailand (about which I have political
misgivings too) may be the best to start with, since they were
the epicenter of the crisis, and other countries may be lagging
in feeling the full effects. I'm in FPF and JOF, but with FPF
I was betting (last spring) the Thai/Malaysian flu wouldn't
spread, and was I ever wrong!

Howard

Howard