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

To: JPN who wrote (9)	2/23/1998 9:36:00 AM
From: yard_man	Read Replies (1) \| Respond to of 47

JPN and others: Has anyone hunted around the AMEX sight for info on the Thai or Phillipine WEBs? I was thinking about doing this but haven't got around to it, yet. Re my trades of EWM EWS. I started buying EWM when it first started trending down really hard. Bought some @ 8, some @ 6. Then on Jan 12 I doubled down @ 3 5/8. Sold all of it at 6 3/8 a couple of weeks ago for a ~20% profit. Bought about a third of it back 3 trading days later for 5 9/16. At the same time I bought some of EWS. I think the recent SEA rally is due to slip, but how far I don't know. That's why I wanted to have a partial position. If we slip back to near the Jan 12 lows, I will be a buyer. I think what Japan does is very important in the near term. I expect that there my be another plan after the lukewarm reception is doen for the current one, BWDIK.