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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 (267)	6/15/1998 3:15:00 PM
From: Mike McFarland	Read Replies (3) \| Respond to of 289

Lots of stuff getting cheaper by the day, never know where the bottom is going to be tho, fear is a funny thing. Always a chance SEA and other melting currencies throw the world into a depression. I guess in times like this you need a longer term horizon as the cliche goes--but also looking into the past. Expand those CEF charts out to the maximum, it makes you wonder just how much they may give back. quote.yahoo.com Even if you only give half back...that's a ways to go for Chile. That was one of the reasons TYW jumped out at me...multi year low quote.yahoo.com same for China and Pakistan quote.yahoo.com which I have my first thirds of. Yeah, always tempting to double down in things, as long as you only have half of what you intended to buy at the start, why not. I would say that after you have doubled down tho, if things continue to go badly have a set point at which you get out...I know all about riding things down and I attribute my crappy perfomance trading the first five years to riding losers too long. Tseng, Maxtor, Comsat--find long periods when these were trending down and I was in them for part of it, yuck, I will try to never do that again.