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Post# of 704049
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Ace Hanlon

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Ace Hanlon

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Re: was Steve post# 81166

Thursday, 02/27/2003 4:56:23 PM

Thursday, February 27, 2003 4:56:23 PM

Post# of 704049
RYJPX is a 1.25 time Japan fund and a bad one to trade. Why? Because it tends to ANTICIPATE movements on Japan stocks and the yen.

I sold my developed market fund (30% developed Asia, 70% Europe) and piled into the emerging market fund. Emerging markets looked to be flat on the whole today and the odds grealty favor at least a modest bounce tonight and tomorrow.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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