Friday, October 28, 2005

Emerging Markets - Update

Emerging market funds are trending down. I think it's mainly because of inflation fear in U.S and expected fed interest rate hikes. I still own emerging market fund. If it gets too ugly, I will get out. Otherwise I am going to be there.

Another update on BTU: I sold it for decent profit on Monday, it went upto $80+, today it came back $73 level. I think it's all due to day-traders. It's tempting to buy BTU at this level. But, I am not going to do it. I bought some DNA shares this week and closely watching GOOG.

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