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UltraLong
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The author behind pseudonym "UltraLong" holds a Masters of Science (Technology) degree. He lives in Finland and works in a management position in a large international company. He manages portfolios for self and family and has been investing into stocks for close to twenty years.
My blog:
Thoughts of a private investor
  • Bearish on BRIC 0 comments
    Apr 21, 2010 7:30 AM
    I sold my position in an ETF traking Russian index DJ Rusindex Titans 10.

    BRIC indexes are likely to hit hard if there will be a double dip / new recession. And I believe there will be soon enough. I don't think the situation is "normal" as interest rates are abnormally low AND most of the western world has unsustainable deficit levels. Not to mention the overly bullish sentiment.

    Each passing week I have become more bearish.

    The full post:
    http://bit.ly/bKuWeN


    Disclosure: Long ETFs tracking India and China
    Themes: BRIC, Russia, DJ Rusindex
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