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Strategies & Market Trends : Vietnam-the next Asian Tiger? -- Ignore unavailable to you. Want to Upgrade?


To: Highway Jim who wrote (41)1/2/2007 6:23:23 PM
From: Mannie  Read Replies (2) | Respond to of 190
 
Hi Jim,

Glad it has worked out so well for you..

Fundamentally, I feel that Vietnam is just getting started. They will receive most favored nation trading status soon, and the government seems to doing everything they can to create a great place for international companies to do business.

I've also been thinking that we would get some consolidation in price, resulting in a nice new entry point. But, maybe not, people are catching on to the opportunity and want to get on the train early. I'm thinking we aren't going to see that obvious buy point again soon. If you buy and it does drop back, I think long term, you'll still be happy that buy.

Those are my gut feelings, I am not a technical trader by any means, and I often get in too early. But I can't see many other markets or commodities that compare to what Vietnam offers.

I wonder how long the fund will stick to the requirement to buy or sell at least a 1000 shares at a time? We'll probably see them cut that before too long..

Scott