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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (32490)	9/10/1998 12:45:00 PM
From: Zach E.	Read Replies (1) \| Respond to of 132070

Thanks a lot for the thoughtful reply. I linked it to the Value thread, will be interesting to see if there's any response. I highly recommend you look at the cefs as a better way to get more bang for your buck in this area. A buck is about all I'll have in the emerging markets area pretty soon <g>. I had no clue about CEFs when I started in the Montgomery Fund. Do the ones you mentioned typically trade at a premium in good or normal times? Zach

To: Knighty Tin who wrote (32490)	9/10/1998 2:29:00 PM
From: Sam Citron	Read Replies (1) \| Respond to of 132070

brokers make commissions selling as well as buying Yes, but trading volume always shrinks in a bear market, as buyers eventually stop buying the dips. Doesn't anybody remember 1974 when H. Ross Perot took a bath as his duPont Walston (the second largest wire house in the country after Mother Merrill) went belly up despite a banner year in commodities? As I remember, the NYSE was doing 70 million shares on a good day that year. That was the year that Nixon resigned!