Sunday, June 22, 2008

Sunday- Hot Day in Texas

Hey Sleep Meds worked last night. Long hard sleep. I needed that.

Up early at 6am . Coffee and Austin Statesman. Read other papers online- LA Times and Las Vegas Journal Review (for Entertainment).

Both Multi-montors working well now. Got back from day trip to Taylor Texas. I bought 5 JFK Silver 1/2 dollars for $1.75 to 2.00 -guess they don't know price of silver is up in that little Tx town.

Looking at Emerging Market Funds today. When I look at BRIC- I seem to not focus on China and Russia part -due to Political in-stability (is that a word?). But more on BRAZIL and INDIA funds.

Mad Money talks about 8 Countries to invest in: Peru, Brazil, Turkey, Russia, China, Ubeckistan,
India and Korea. Gun shy on lots of these.
How do you play them?
Just call a Fidelity Broker and say I want 1000 Share of Ubeckistan Growth Fund?
Anyway. Being cautious. Going with Fidelity Latin American Diversified Fund and Mathews India Index (that sucks for 2008 so far). But all US companies are counting on better sales and growth outside USA than inside. Visit a car lot. Or a large Department Store- sales and traffic are way off. Even Home Depot (or as Cramer calls it Home Despot) is counting on International Sales higher than US sales.

Waiting for the Japenese to make the ALL Battery powered Auotmobile. Say goodbye to $140/barrel on oil. and Dubai Towers maybe empty at that time.

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