Global Market Update

Here are updated buy and sell recommendations of eClub advisor Andy Kaegi of Bulach Private Client Services in Zurich.

We have begun following Andy Kaegi's global share watch. Here is his update. Until next message, good global business and investing!

Possibilities in the markets

We update this paper at irregular short term intervals based upon our internal buy and watchlists and make it available to interested parties by email. These comments are for informative purposes only. They do not cover all of our active positions but reflect only a small part of our investment strategy and BPCS may or may not engage in the actions described below. Because of individual client requirement readers should always take individual advice from a professional advisor before making investments.

		USA		Portfoliopositions:	possible action:		DuPont			Watch rise towards 50 for possible call writes		Xerox			Repurchase below 8		Novell			Buy between 3.50 and 4.50 		At Home			Repurchase or add below 3.20		Iomega			If further weakness add at 2.30		Coors 			Still buy below 50		Acme			Realised nice profit at 3.50plus  (bought at 2.75) 		Oracle			Add in case of drop to 13

		Watchpositions:		possible action:		Western Digital		Consider around 3.25		Host Marriot		Consider around 12		Radioshack		Consider around 27		Phelps Dodge		Consider at 40		Limited	Consider 	around 15

		Europe		Portfoliopositions:	possible action:		Metro			Repurchase at 43		Thyssen Krupp		Add below 15 		EVN			Add below 29		Wienerberger Baust.	Profit taking above 22

		Switzerland		Portfoliopositions:	possible action:		Fischer			Add below 420		Swissair		Hold; possibly add on new weakness well below 100		Zürich Financial Serv.	Partial sales above 640 for lower repurchase; covered call writing 650 Nov.		ABBN			Hold; add below 27		Roche ROG		Hold; Consider covered call writes above 140

		Watchpositions:		possible action:		COS			Buy limit 91		Von Roll		Speculative, consider at 10 

		Alternatives		Portfoliopositions:	possible action:		Venture Cap. Basket II	Add and repurchase around 60 (Sec.Nbr. 1180222)		World Gold Certificate	Consider for diversification within alternative investments (Sec.Nbr. 1242158)

 

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