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Viewing 9 posts - 1 through 9 (of 9 total)
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  • March 19, 2014 at 9:28 AM #21017
    Coronita
    Participant

    What are folks feeling about the russian ETF’s these days…

    http://etfdb.com/type/region/russia/

    Not that I am a firm believer of those ultra leveraged 2x, 3x ETF’s… But looks like RUSL is already down 52% YTD, and normal etfs are down around 20% give or take 1%…

    Probably some more room to fall, but thinking this might be some speculation over the next month or so…

    March 19, 2014 at 9:31 AM #772079
    Coronita
    Participant

    specifically, thinking about ERUS for speculation..

    March 19, 2014 at 9:32 AM #772080
    an
    Participant

    I personally would keep watch on this. With 2x and 3x ETF, it doesn’t pay to be the early adopter, especially in this situation. I would feel safer to wait for all the fallout to happen and the ETF to start going back up. Maybe once it has been up 10%, then I would jump in. Another good source to use to help you determine when to buy would be: http://www.stockconsultant.com/consultnow/basicplus.cgi?&symbol=RUSL. It has help thus far.

    March 19, 2014 at 9:35 AM #772081
    Coronita
    Participant

    Need to do some research on ERUS holdings to figure out what sort of impact sanctions will have, if any….

    Just in case US/EU decides to impose stricter sanctions besides freezing the assets of another important russia figure… like Putin’s dog or chia pet…

    Top 10 Holdings (75.49% of Total Assets)

    OAO Gazprom FDGAZP 20.11
    LUKOIL CO LUKOF 11.30
    Sberbank Of Russia SBER 11.26
    MMC Norilsk Nickel JSC GMKN 5.79
    NOVATEK JT STK NOVKY 4.87
    OAO Tatneft TATN 4.77
    OJSC Rosneft Oil Company ROSN 4.70
    OJSC Magnit GDR MGNT 4.50
    JSC Uralkali URKA 4.13
    JSC VTB Bank VTBR 4.06

    March 20, 2014 at 11:39 AM #772120
    Coronita
    Participant

    I’m out completely of VLO (52 weak high) and VLP (yes, I did get my K-1 tax bill for 2013… grrrrr)…

    I’m in a little on ERUS.

    March 21, 2014 at 8:49 AM #772131
    Coronita
    Participant

    I think I want to buy BP too… almost 5% dividend yield.

    March 21, 2014 at 6:51 PM #772134
    joec
    Participant

    [quote=flu]Need to do some research on ERUS holdings to figure out what sort of impact sanctions will have, if any….

    Just in case US/EU decides to impose stricter sanctions besides freezing the assets of another important russia figure… like Putin’s dog or chia pet…

    Top 10 Holdings (75.49% of Total Assets)

    OAO Gazprom FDGAZP 20.11
    LUKOIL CO LUKOF 11.30
    Sberbank Of Russia SBER 11.26
    MMC Norilsk Nickel JSC GMKN 5.79
    NOVATEK JT STK NOVKY 4.87
    OAO Tatneft TATN 4.77
    OJSC Rosneft Oil Company ROSN 4.70
    OJSC Magnit GDR MGNT 4.50
    JSC Uralkali URKA 4.13
    JSC VTB Bank VTBR 4.06[/quote]

    On Bloomberg today, someone was saying they were still against Russia saying that even without this Crimea issue, Russian stocks were trading at like 4x or something before any of this happened so there are a lot of other issues out there for Russia.

    No idea honestly…stocks are still near all time highs for a lot of companies…waiting to nibble.

    March 25, 2014 at 4:40 PM #772239
    Coronita
    Participant

    ERUS up 4% today… Thoughts? Dead cat bounce, or was prior decline an over-reaction?

    March 25, 2014 at 4:57 PM #772241
    The-Shoveler
    Participant

    Maybe they figured out that no one can afford to upset the apple cart just yet.

    That and they have nuclear subs.

    Too costly for everyone.

    I don’t see a flag flying state ever attack directly.

    Wow people forget…

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