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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (1286)7/14/2009 8:58:13 PM
From: Real Man  Read Replies (1) | Respond to of 1301
 
I loaded the boat today completely. Maybe early and the boat
will start sinking, but RSX has corrected a lot of its rally.
Besides, I think oil will not go much below 60, it's a strong
support. The same is true for 18-ish for RSX. RSX will trade
above 30 this year. IMHO. Much more unrealized profits remain
in it, even though it was a bargain at 10 earlier this year.
At 30 I'll probably quit it for good - take the
profits and run elsewhere. While RSX will likely double
again from 30, it will probably take much longer - a few years.