[Bot][An]'s  Instablog

At march 2012 we will get name of next (one of previous) President of Russia. It seems to me everybody already know his name, at least guess it. I don't wanna discuss his pros and cons, it is not my business, I ain't political analyst. So anyways President's election will happen and we are waiting for "Presidential rally" at Russian Equity market as ordinary reaction on this event.

Let's take a good look at newest history. At first time, when Mr. Putin won this excited battle Russian Equity Market rose more than 200%. At the second Putin's election MICEX:IND jumped almost 50%. Next time during Mr. Medvedev's Presidential Election was flat because financial crisis happened at that time. But it did not fall. On average base market rose 75% during "Presidential" rally. We are tended to expect bull market during following five or six months.

Additionally, "in 2007 many Russians became shareholders of VneshTorgBank (Bank VTBR:RU) on IPO. They bought it 0.13 rubles apiece. Current price is 0.07.

To return back confidence of future President (Mr. Putin, as you guess it) need to pull it back to 0.13 ruble/share at least.  It's a political reason and he has enough numbers of tools to do that, including verbal and administrative" - as Andy Chams, strategist of Vitus Investment said.

So, Gentlemen, it's good time to increase RSX exposition in your portfolios for a nearest five months.