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Strategies & Market Trends : Thai Funds

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To: Shoe who wrote (26)10/27/1997 7:42:00 PM
From: Polartee  Read Replies (1) of 107
 
It comes from the Wall St. Journal Interactive Edition but there is
an annual subscription price of about $45 or something.

I couldn't get any MF shares to short today unfortunately. But my TTF position benefited from the carnage today on Wall St closing down almost a buck even though the Thai market hardly budged in Monday's trading. Tommorrow I expect there will be a followup decline in SE Asian markets as they respond to New York's plunge. Then my guess is that New York will stablize and post a big gain recouping half of today's losses as the "buy on dip" adherents move in.

John
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