Ripit's  Instablog

Send Message
Guy who knows things
  • Spain is the leader 2 comments
    Apr 27, 2010 10:07 PM | about stocks: EWP

    Spain ETF EWP has been having a very rough time. EWP is at a critical support level here and I think will be in for some big trouble if it breaks down. Out of the country specific ETFs that I look at, this one is in the worst shape.

    Stocks: EWP
Back To Ripit's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (2)
Track new comments
  • astralguide
    , contributor
    Comments (90) | Send Message
    Spain will come out fine. It is not like Greece or Portugal. For anyone who really want to know Spanish Economy is pretty strong.


    The market will pick up soon breaking this recent decline.
    27 Apr 2010, 10:57 PM Reply Like
  • astralguide
    , contributor
    Comments (90) | Send Message
    Ripit I do know technically the charts speak clearly.
    But I do know the substance of Spanish markets and after this bulldozer of perception that Europe is going to liquidate, things may remain shaky.
    What I meant is that comparing Spain to Greece or Portugal is a bit naive. Even though your technical reading was pretty fine.
    But I meant it for a slightly long or intermediate term.


    This avalanche of negativity will end in a month.
    6 May 2010, 10:35 PM Reply Like
Full index of posts »
Latest Followers

Latest Comments

Most Commented
  1. Cover US steel ( Comments)
  2. Spain is the leader ( Comments)
  3. AAPL 20/20 HINDSIGHT ( Comments)
  4. Trading system ( Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.