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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: ms.smartest.person who wrote (3116)4/24/2001 10:06:58 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Merry, I have been attacked more and more about the coming bet against HK ... this is an e-mail from a friend. Excuse me for the context (this is just one example of how boy's mind work).

Chugs, Jay

QUOTE
With a friend down in the girlie bars the other night where the Mama San offered my friend the young Thai thing in his lap for a real bargain price that evening; just HK$2,200. My hunch was that price was a good bargain too.

My rent now in HK is roughly US$90/night. With some Wan Chai company for the evening, add US$280 or $390 total (not including mama san and hostess drinks).

A trip to BKK costs HK$2000 (round way), a nice young Thai thing all night is $45 (OK, $50 if you feel generous) and a room is $70, say. That's US$370. Hmmmh

Now, suppose you've been working real hard and you need about three nights of 'release' and maybe hungrier than usual (or maybe not unusual for some) and you need the company of two each night.

Hong Kong 'll cost, at 'bargain prices' around US$1,950 for the weekend. BKK costs run US$770 (round trip and being generous). Hmmmh. Is HK too expensive or BKK way too cheap? Maybe I should exchange some of my HK$ for US$ at the bank just to be safe.
UNQUOTE
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