Tuesday, October 20, 2009

Buying today EWZ @ $71.65

I refer to my previous post regarding the Brazil ETF. The price is now in a sweet spot, i.e. between the 13 day and the 22 day moving average: good time to enter in a position.
Buying today @ $71.65 the iShares MSCI Brazil Index Fund ETF (ticker: EWZ) for a total of $10,000. Stop loss: $63
I plan to hold this ETF for the long term (several years).

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