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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (24331)	6/17/1998 11:52:00 PM
From: Tulvio Durand	Read Replies (1) \| Respond to of 95453

Big balls play. Forget oils and drillers. Looking for action? Checkout EWH, EWJ, EWM -- all three are up over 10% today (from yearly lows). These are so called 'web' funds representing baskets of representative ADR stocks from markets, respectively, in Hong Kong, Japan, Malaysia. US intervention and propping-up of the Yen should push these up for a while. Then, after the allure of US protectionism wears off, they'll come crashing down again. Tulvio

To: waverider who wrote (24331)	6/17/1998 11:52:00 PM
From: NucTrader	Read Replies (1) \| Respond to of 95453

>>we're going to have to be pretty nimble to make any money this year. Not to say long term investing is dead, but it has proved to be very costly to many of us<< Mark Hulbert made the point late last year that nearly all financial advisors were "buy and hold" and "market timers" were a minority barely hanging on in disgrace. He suggested that that very fact was a contrarian indicator, since the reverse was true in every bear market in the past 50 years: "market timing" was the investment philosophy in vogue, and "buy and hold" disparaged. Sounds like we're all headed for more "market timing".....