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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (8823)7/10/1999 8:47:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 9980
 
China's Fortune

By Jim Rogers

"China still has one major step to take to make its stock markets attractive to foreigners. But once that happens -- and it will -- look out."

worth.com

Tom



To: Bosco who wrote (8823)7/13/1999 4:03:00 PM
From: nihil  Read Replies (1) | Respond to of 9980
 
There is a huge literature showing how to get rich speculating against a fixed or pegged currency when the currency is overpriced. Since the only questions are "when" and "how much" rather than which direction the speculators can hardly lose (very much). Now who is at fault? The speculators? Or the monetary authorities?


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