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Strategies & Market Trends : Investment in Russia and Eastern Europe
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To: Archie Meeties who wrote (1287)6/23/2009 3:17:55 PM
From: Real Man   of 1301
 
It seems RSX trades at great discount to oil at current prices.
I bought some today. I exited my position entirely earlier in
May, and am now averaging back in starting today. I may
have to average up, I don't know. The trend is still down, I
don't expect my first purchase to be a winner, but
I do expect higher prices than today this year, possibly quite
a bit higher.

This is a correction, not a bear, and Russia is still cheap.
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