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Strategies & Market Trends : Thai Funds

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To: Polartee who wrote (20)10/10/1997 1:18:00 PM
From: Heretic   of 107
 
John,

Were you able to buy shares of Thai International Fund in London, and are you still holding your TC & TTF shorts?

It appears the Thai market is in limbo awaiting details of the financial reform package, which will be announced next Wednesday. The package itself is important, but it will also provide evidence of the government's ability to address the crisis and the strength of its determination to carry out IMF requirements.

I expect the markets to react strongly to the package and should point the direction for the next sizable move - up or down.
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