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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Marconi who wrote (13415)9/2/1998 1:20:00 PM
From: Timothy Liu  Read Replies (1) | Respond to of 18691
 
Do not underestimate the tenacity of that government. To them money is not an issue, they will do anything to maintain political stability. They will artificially maintain price and at some point ban foreigner from trading their security if necessary.

I read that just a couple of days ago Taiwan banned purchasing of Soros Quantum Fund. I think these government do have a point. These markets are becoming so thinnly traded that a big foreign hedge fund can really shake the market. It's not like in US no one has the power to move the whole market. A single US trading house can make a big impact there.

Tim
Just my 0.02$