BANGKOK: The SET or Stock Exchange of Thailand fell yesterday amid rumors of a coup overthrowing the present government. Investors abandoned their holdings to withdraw profit reported by the Bangkok Post to be 21 million baht.
$600,000 US.
A blink of a second on the NYSE.
So don’t panic yet, despite the police and army refusing to crack down on the PAD protesters seeking the trial of Thaksin, the former Mr. Big.
Samak vowed to disperse the crowd, however the police and army refused to enact theses orders on Sunday, clearly showing the position of the powers of order and these demostrators are funded by a million baht a day from supporters, so they can continue their manisfestations or mob in Thai without fear of running out of cash.
Tomorrow is another day for the SET.
Up or down?
Farangs in Pattaya responded by drinking more beer.