I don't know.This chart is just a one month look and it is up 20 points. Zoiks.
I have owned this one personally for a long time and admit I don't know what to make of this.
One thing I have mentioned several times before is that in a given quarter you don't necessarily know where "alpha" will come from but if you are diversified you don't need to know ahead of time.
7 comments:
Enjoy it while it lasts and put a trailing stop under it ...
Anything with the word "China" in it goes up every day. Feelin' toppy. I let my CHL go about a month ago.
Roger, OT, ten yr note seems to be headed higher, per TA, I think there is good evidence of this. To around 48 and then consolidate. That means the spread between short and longer term rates will tighten. And, thus, if accurate, the economy is perceived as on better footing...or another interpreation is that the dollar needs strengthening. Hypothetically, speaking, what would be the signficance to equities? Does the underlying interpretation make a difference? My thought is that metal stocks may be a good entry for each given reason. In my case, I am underweight basic materials. Is now a good risk/reward time?
Sell now before you lose the tremendous gains you've accumulated.
yeah i have it too, quite nice, and the dividend just paid, too.
I too own this and have for a couple years. I cannot explain the huge jump this quarter, but I have three general ideas:
1 - Apparently Emerging Markets historically do very well in the fourth quarter. I fail to fully understand why these historical trends seem to continue.
2 - This fund is one of the top performers in the world, for any class, in 2006. Maybe many fund managers want to have this on their year end statement of assets.
3 - China was clearly the winner in the economic and trade "discussions" with the U.S earlier this month. The Chinese are quickly showing that they know more about monetary and trade policies than we do (as represented by our protectionist gov't officials).
Russ
Put it on a weekly or montly chart. When they look like "that"...time to reduce back to original position percentage.
imo
g
( a lot like INTC looked at $64 )
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