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

To: peter michaelson who wrote (3600)5/15/1998 9:48:00 AM
From: Sam  Read Replies (1) | Respond to of 9980
 
Peter,
"In general, however, the premiums on Asian closed-end funds have declined markedly since last fall, and there are some fairly attractive deals now, particularly in India and Taiwan."
I think we should wait for discounts, and then a flat line for awhile before jumping in. This isn't going to be like 1987 in the US. This is going to be more like Japan of '89, IMO.

Best,
Sam



To: peter michaelson who wrote (3600)5/18/1998 1:08:00 AM
From: peter michaelson  Read Replies (1) | Respond to of 9980
 
Thread:

I just watched the rupiah:dollar ratio go from 13050:1 down to 12100:1 in less than 15 minutes.

Bloomberg Quotes - perhaps inaccurate.

Oops. It's 3 minutes later, now. 12500:1


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