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Strategies & Market Trends : Thai Funds

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To: peter michaelson who wrote (55)	1/17/1998 7:14:00 PM
From: Polartee	Read Replies (1) of 107

Peter: I shorted some TTF at 12.938 and the rest at 12.50 so I'm still in the black. I hedged with Siam Selective Growth afterall. I might have taken you up on your offer to sell me SSG except it would take extra time/ effort/ and administrative work that I didn't want to bother with. Happily, SSG got a favourable mention in Barron's today. The ever opinionated Jim Rogers (of Investment Biker fame) recommended this one as a play on Asia. He's also using it to hedge his Asian shorts but he didn't identify Thai Fund as a short. I wonder if this endorsement will do anything for SSG's price? Hopefully Barron's readers don't take it as a blanket endorsement of Thai stocks and buy TTF instead. I wouldn't be surprise if Rogers is short on TTF.

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