must be lonely in the bear pit, page-8

volt, re thai set - I'd wait and see. Its a classic trap to buy after a big dip and bounce, in expectation that the bounce will continue. Usually the bounce subsides at least to the bottom of the spike again over time. Fundamentally, the uncertainty continues and the reversal of policy today was almost as unsettling as the original policy. I don't expect foreign money will be relanding in Thailand for some time yet cos of the uncertainty. If they changed policy twice in three days, why not change it again? And, remember it was Thailand that set off the previous asian crisis in whatever year that was. I'd wait for some solid bottoming type action on the set before I bought it (long) if looking for a long term trade. Short term speculation is another matter of course, live by your wits.