A fund based out of China Industry. This fund is a well-diversified entity and was formed to ensure a direct and profitable return to shareholders.
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Found another push it up for whatever reason international pick to pan for the near-term. It's tough to go against the grain but buying these picks after these runs is more dangerous than waiting on the sidelines. Don't get me wrong. I am bullish long-term on most international picks but I was most bullish at the right time. That is, about 2-3 years ago. I have sold most of these international picks off through the first half of 2006 only to see some run higher but that's the way things go. I think folks are acting like they'll never have another chance to buy into the international markets if they don't buy now. That is normally a sign to me to wait.