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


To: yard_man who wrote (2969)4/8/1998 10:40:00 PM
From: B Tate  Read Replies (1) | Respond to of 9980
 
To all;

Beware of the Malaysian "dog". From last evening's regional stock report via CNBC - Singapore

"....the Philippine market has done very well throughout the crisis...Thailand is beginning to come around, even Indonesia appears, with the latest agreement, to be seen as beginning to conform to international pressures. The Malaysian government continues to send very mixed signals, refusing to let large cap companies go down. With the talk of the ministry about letting the weak collapse, they continue to prop-up the favored companies. Although the bail-out word is never used it is in fact still a fact of Malaysian life .........."

No need to hurry, unless you can trade the market daily, this is still a mine field of dangerous proportions.

regards
bt