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

To: HB who wrote (15293)	4/1/1998 2:16:00 PM
From: yard_man	Respond to of 18056

Yes, Unfortunately I have a small position in FPF. Not sure I would recommend you join me there. Bought too early in the slide. Traded EWM and EWS for some good profit earlier. Still interested in those two. EWS because I liked what I read from the country's leader a while back and the "relative valuation." (Please don't hit me!) I also like Malaysia because they have not went begging to the IMF. For better ideas I would suggest that you keep the Asia thread bookmarked. There are lots of people there more knowledgable than myself --- some who live in those countries. My general reasons for liking them are the obvious. Devaluations which will give them an edge in selling goods here even if there is a near term contraction and the hammering their markets took in dollar terms. I'm waiting for the other shoe to fall. If it doesn't fall I won't buy. I am not good at determing valuations for the individual concerns. I would like to see a good selloff with high volume again. Not as good as Jan 12, probably, but some panic.