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Strategies & Market Trends : Asia Forum
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To: yard_man who wrote (331)1/2/1998 4:23:00 PM
From: Stitch  Read Replies (2) of 9980
 
Barry,

I am hearing speculators (mostly local corp finance mgrs.) saying that the Ringiit will go as low as 4Rm/$1. I don't have any speculation on the KLSE indices. I do think we are in for more bad news here so I guess I belive it hasnt seen its low. I would pick the long side of your estimate, 6 months and perhaps beyond to 9 months for any real sign of recovery here. I thinkMalaysia is still dragging its feet partially to put off, avoid political fall out. Tell me more about your pick, EWM. I can't find it listed.
best,
Stitch
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