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

To: John Liu who wrote (613)9/3/1998 10:02:00 PM
From: Rob Shilling  Read Replies (2) | Respond to of 1301
 
I don't know where the Moscow Times index comes from, but the
Russian stocks market RTS index was down 4.7% today, not up.

I wouldn't trust the ruble rate until the government situation is fixed.



To: John Liu who wrote (613)9/4/1998 10:38:00 AM
From: P.T.Burnem  Read Replies (1) | Respond to of 1301
 
So with the stock market up 10% today and the ruble declining more then the net result is can I buy more today or less today of Russian stocks with dollars?

The Moscow Times Index is down ~8% in US$, but the ADR's are up ~10%.

As my adopted grandpa used to say: "A sucker is born every minute".

PTB


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