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Strategies & Market Trends : WEBS for international investing -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (7)	2/21/1998 2:27:00 AM
From: peter michaelson	Respond to of 47

Barry: It's me again. You want to try to pick this thread up with me? It could be useful to me also. I have given up trying to get news on a Thai WEBS which was announced must be 6 months ago. But, I have never tried to phone them as I'm mildly phonophobic. I've traded EWM, EWS, EWJ and maybe others. Holding a bunch of EWM now, waiting for the premium on my MF short to decline. It's been making progress. For some reason, Thai Fund was down 8% today and the spread between TC and TTF declined considerably and it's about time. peter

To: yard_man who wrote (7)	2/22/1998 7:16:00 PM
From: JPN	Read Replies (1) \| Respond to of 47

Barry: I just began looking at the WEBS and also just found this site. I had been looking at the SPY site and someone there mentioned this. I am currently in Singapore but just returned from our annual home leave to the US. Things here in S'pore are still iffy. Major banks in Singapore reported earnings that were down about 30% from last year. Singaporeans have a lot of investment in Malaysia and Indonesia. Do you think the recent rally in SE Asia will continue? When did you buy the Malaysian and Singapore WEBS? Do you think a lot will be determined by the "Big Bang" in Japan? Really missed out on a run up in South Korea. Still more ahead? Thanks in advance!