Thailand: Rising off weak USD but no China...
Have been long Thailand via this MSCI ETF for a month or so. Had an early win before started fading - thesis was based around falling USD and Thailand being Quad 2 in Q4 and into New Year. Has been a painful hold and missed an exit during October. Has rallied in recent days on strong volume (late November) as USD continues to struggle and performance of the EM consumer continues. Concerned this may have gotten ahead of itself in recent days - interested in any thoughts on the wider Asian EM complex and Thailand in particular (I know, should have gone Chine or Japan!)