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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: genaro who wrote (607)12/6/1998 8:43:00 PM
From: Moominoid  Respond to of 99985
 
OT Australia

I did buy some puts on the All Ordinaries which promptly fell to almost worthless. So that's why I said "longish". Core holdings are in Australian based mutual funds and direct share holdings. Use US account to complement that either to the long or short side depending on conditions and provides currency diversification. Aus volatility has been lower than US during this crisis. Dividends from Australian companies are very tax advantaged for Australians. Australian economy is showing great strength despite the Asian crisis.

David