what's wrong wiith Russia?

what's wrong wiith Russia?

am 07.03.2006 16:39:00 von pigbrain

Current Value: 1397.61 18:35 07.03
Opening Value: 1476.68 10:30 07.03
Last Close: 1480.90 18:44 06.03
Change, % of Last Close: -5.62% (-83.29pt.)

Anyone knows what happened in Russia? Many thanks.

Re: what's wrong wiith Russia?

am 08.03.2006 18:02:36 von Flasherly

pigbrain wrote:
> Current Value: 1397.61 18:35 07.03
> Opening Value: 1476.68 10:30 07.03
> Last Close: 1480.90 18:44 06.03
> Change, % of Last Close: -5.62% (-83.29pt.)
>
> Anyone knows what happened in Russia? Many thanks.

It's what happened in America. FED rate hikes and the first place
people will want out of is foreign exposure. It's happening over
broader foreign indexes. I sold Russian holdings a week or more ago on
a nasty downturn for one day and did OK. Sweet if and when to ride
sustained through an upward momentum play, though proportionately
brutal when making an ill-timed entrance or lingering too long. Oh,
well - buy low if you've a yen to ride it back up.