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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (122703)5/21/2010 1:26:26 PM
From: Knighty Tin  Read Replies (3) of 132070
 
Buy when there is blood in the streets. If you can look at this chart and it does not get your contrarian blood a pumping, you will never be a contrarian: si.advfn.com

Remember, the concepts behind contrarianism are to never bet the ranch on any one situation and to keep some powder dry. Though I think this will prove a good price to buy Russia for the long term, it may not be the lowest price.

I am not a fan of the judo guy or his brief war with Georgia. And Templeton doesn't mind charging some high fees. I'm just saying, Russia is cheap. I tend to buy these closed end funds in half positions more than the thirds I prefer for individual stocks.
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