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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: CIMA who wrote (380)7/24/1998 4:09:00 AM
From: Real Man  Read Replies (2) of 1301
 
Thanks a lot for the update. I'm watching the situation all the
time. I doubt such movements will gain support nowadays - the media
is controlled by big pockets. Of course, there is always risk, and
in Russia there is lots of it - so the market fluctuates wildly.
right now we are in a long-term downtrend (mid-term uptrend,
short-term downtrend), which is defined by the 200 DMA. This means lots of gloom and doom. However, Russia is a baby market, and
I would not expect such sentiment to
last a long time. Valuations are very attractive.
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