1.   The baht recovered a bit late in the day, causing stocks to rise for the first time in five sessions.

2.   Ergo, now is the time to look for value and wait for the baht to recover.

3.   The Thai baht recovered against the U.S. dollar on hopes that the IMF can rescue the economy.

4.   But the baht recovered some ground as investors unwound long dollar positions and equity markets shrugged off the downgrading as old news.