India & Newsweek.

When we last wrote about India we noted that it had melted down along with the rest of the world economy. At that time the India fund {IFN} had lost 64% since Newsweek featured it on its cover. Well interestingly enough the India Fund trades only about 2% lower than when we last reviewed its performance. That's pretty good considering that in between India's experienced one of its largest terrorist attacks in Mumbai {Bombay} and has endured its largest corporate fraud case in Satyam. I think we'll put this back on the monitor. It maybe time to pay more attention to this part of the world.

BTW there is a great promotional tourism video running in Chicago right now on India. Here is its director's cut link. Someday somebody is going to show me how to place these things in the Blog! http://www.youtube.com/watch?v=rNWeBVBqo2c

I've always wanted to visit India and this add just rekindles that desire.