Monday, March 16, 2009
ewz and fxi looking to take the lead
My quick observation of the bric country perf chart tells me that over the past 71 to 162 days that China and Brazil appear to be wanting to take the lead in this recovery. When the uptrend is confirmed for the $HKO those are the 2 BRIC etf's I'll be paying close attention too. EWZ and FXI. Although all of us feel we need to hold individual stocks to hit home runs, wouldn't it be nice to settle for a double for now!
Seeya,
RedDirtTrader
Seeya,
RedDirtTrader
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