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


To: Michael Sphar who wrote (5789)8/23/1998 1:38:00 PM
From: Mike McFarland  Respond to of 9980
 
hehe, well at least I don't have a password for
their website (got one you want to share?).

Before I go back to just lurking, why don't
I entertain the thread with the results of my
latest exploits trading in the markets...

Last week I mentioned on this thread that I
bought the Malaysian warrants and the South
Africa Fund. Well, apparently the Muslim fund
couldn't keep KL propped up very long...maybe
the folks on thread give good advice?

Oh and as far as South Africa? Well the rand
went down 4% the next day...and on a scary day
for many of the un-emerging markets, gold managed
to sag. Oops, another stinker.

Heck, as long as I feel like confessing, why not
let it all out: What's my favorite sector? Why that
would be US biotech. Yup, even bought myself some
Franklin biotech discovery fund last spring--and getting
in at $27 (plus the load)...well that was nearly the
highest price I could have paid this year.