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Strategies & Market Trends : Thai Funds -- Ignore unavailable to you. Want to Upgrade?


To: Polartee who wrote (102)5/19/1998 8:27:00 PM
From: peter michaelson  Read Replies (1) | Respond to of 107
 
John: A mouthful, but I'll take on the MF/EWM piece.

The spread in premiums has risen back to the 40% range, but it did get down to 30% for a few days several weeks ago when I closed out my position. I now have re-initiated the position hoping to go to 30% again.

I don't know how closely you watch the changes, but I find that it's useful to do so daily at minimum.

FYI, at the moment the Indonesia Fund is selling at a 150% premium.

Best, Peter