Brazil: Let the Feeding Frenzy Begin [View article]
V winner,
Agreed on the long term hold. The "trade" comment is only for the very short term, as the rush to get in will cause a short term over-valuation of some stocks. So the advice is to take a short term profit, and then buy in on weakness and hold (particularly stocks like SBS, that will benefit anyone with the necessary patience).
Brazil long term? Absolutely! But the short term trade is also worthy of mention.
-
V winner,
May 03 12:20 pm
|Rating:
0
0
All Comments by Otto Rock »Brazil: Let the Feeding Frenzy Begin [View article]
Agreed on the long term hold. The "trade" comment is only for the very short term, as the rush to get in will cause a short term over-valuation of some stocks. So the advice is to take a short term profit, and then buy in on weakness and hold (particularly stocks like SBS, that will benefit anyone with the necessary patience).
Brazil long term? Absolutely! But the short term trade is also worthy of mention.
Otto