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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (5657)8/19/1998 12:11:00 PM
From: yard_man  Read Replies (2) | Respond to of 9980
 
I have traded in and out of EWM for a some good profits.

Currently under water (plunged too soon?) on last few buys (but under water by much less than profits so far, especially from Jan purchases and sales after that):

Currently have:

900 @ 4 7/16

1300 @ 3 1/8

Next purchase

@ 2 1/4 or less?

Still thinking we get one more shock to the system. Malaysia was up 8% overnight, but EWM not up that much. Folks are reading the news about the governments over there buying stocks to support the markets -- probably indicative that the low is not in quite yet?

I think if one is patient there is money to be made in SEA. Beats the heck out of buying our bloated market and wishing for a continuation of the bubble.

Good luck. Just hold it for a few years.