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Strategies & Market Trends : Asia Forum
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To: Stitch who wrote (3834)5/24/1998 9:27:00 PM
From: yard_man  Read Replies (2) of 9980
 
Thanks. Closed out my third short term profitable trade in EWM last thurs. (Did have a fourth I closed for a small loss in comparison to the others.)

Have some money in the Philipines, and decided that having the EWM had me overexposed should the other shoe drop.

We've had the dead-cat bounce now, but it seems to me that it is likely that the securities prices will precede the actual economic recovery to some extent. Do you feel that everything there hinges on Japan getting its house in order?

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