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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (21286)	8/16/2007 4:16:04 PM
From: elmatador	Respond to of 218083

who need to be worried are U.S. banks and those who invested in real estate funds there." Finance Minister Guido Mantega said at the same press conference. Brazil unaffected by financial volatility + - 09:50, August 16, 2007 Brazil is in a balanced economic situation and is not affected by financial market volatility amid the U.S. mortgage crisis, President Luiz Inacio Lula da Silva told a Wednesday press conference. The United States mortgage crisis has triggered pessimism worldwide and Brazil's stock market has closed with losses on five consecutive days. Nevertheless, Lula da Silva told media that Brazil is experiencing a moment of "great calm". "This is a problem for the U.S. and U.S. banks. It is not my problem. I am not worrying about it," he said. "With a cushion of 160 billion U.S. dollars, this is nothing to worry about. Those who need to be worried are U.S. banks and those who invested in real estate funds there." Finance Minister Guido Mantega said at the same press conference. He said the dollar would remain in a floating exchange rate regime, which adjusts as the economic conditions change. The dollar, which a month ago had been at 1.85 reais, was trading at two reais on Wednesday, for the first time since since May 2006.

To: Elroy Jetson who wrote (21286)	9/13/2007 9:45:06 AM
From: elmatador	Respond to of 218083

EWZ Still "looking at $15 per share".? Klaser doubt you were making money, looks like he was right. Still Bullish On Brazil Brazil announced Wednesday its gross domestic product grew by 5.4% in the second quarter. That's slower than many analysts had forecast but more than double the average growth rate of the past 15 years, and more in line with that of its "BRIC" (Brazil, Russia, India and China) brothers. forbes.com

To: Elroy Jetson who wrote (21286)	9/21/2007 10:45:51 AM
From: elmatador	Respond to of 218083

Elroy's prediction "might be looking at $15 per share." and the reality

To: Elroy Jetson who wrote (21286)	9/21/2007 10:55:49 AM
From: elmatador	Respond to of 218083

FDI increases 161% and reaches US$ 35bn or 2,98% do GDP. In August, alone, the month that crisis hit: FDI increased 76% over August last year. Flight to quality means: Money flows into Brazil.

To: Elroy Jetson who wrote (21286)	11/13/2007 5:06:09 AM
From: elmatador	Respond to of 218083

"you might be looking at $15 per share." Last trade: 76.05. gentlemen this was the prognostic of Elroy. Reality is turning a little different than he thought. Elroy, time for you to jump into EWZ 'com gusto'! Buy on the dip!