russian stock market hits record high

[cherokee]

http://news.bbc.co.uk/1/hi/business/3159258.stm

[Jack]

... in response to russian stock market hits record high, posted by cherokee on Oct 2, 2003

The Russian and Ukraine economy is quite robust right now. New buildings, construction everywhere. While sitting in stalled traffic over the Dnipper river yesterday I counted 37 big construction cranes from this single viewpoint. Amazing, just amazing seeing this amount of new construction and new high rises going up.

[romachko]

... in response to russian stock market hits record high, posted by cherokee on Oct 2, 2003

You can own representative Russian stocks by buying TRF (Templeton Russian Fund). 52 week low was 15.31 and it hit 52 week high of 31.93 today. Unlike a stock fund, you can trade TRF just like an ordinary NYSE stock.

[wsbill]

... in response to Re: russian stock market hits record hig..., posted by romachko on Oct 2, 2003

There are several East European funds around.

Symbol:  EUROX (still pretty cheaply priced $18)

Americas jobless non-recovery is the benefit to the Chinese and other 3rd world nations.  Two factories in my regional area has driven up the unemployment rate to about 15%.

It's only going to get worse!

[wsbill]

... in response to Re: Why trade it, buy it and hold it, posted by wsbill on Oct 2, 2003

This chart showing a overbought condition.

http://finance.yahoo.com/q/ta?s=EUROX&t=1y&l=on&z=m&q=l&p=&a=m26-12-9&c=