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Jeff Diercks is the Founder and Managing Director of InTrust Advisors, a investment boutique focused on trend following and price momentum strategies utilizing ETF securities in what the firm calls Market Adaptive Investment Solutions. Mr. Diercks has worked with discretionary and... More
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  • Turkey Leads The Way! 0 comments
    Aug 23, 2009 06:46 AM | about stocks: TUR, EWD, EWO, EWZ, THD
    The iShares MSCI Turkey Investible Fund Index (TUR) continues to lead the way in our relative performance country ETF models. 


    Austria, Sweden, Thailand and Brazil continue to score well in this week's review.

    As you can see, below, TUR broke out on Thursday and extended its gains in Friday's explosive markets on higher volume.  The break was also confirmed by an MACD cross.



    Positive democratic reforms that allow for investment in all regions of this emerging country have allowed for explosive growth and its investible index, up more than 69.8% in 2009.  A word of caution however is in order as the breakout has not resulted in a significant volatility squeeze of the bollinger bands, so it is always possible we could see some kind of pullback or consolidation at the highs.


    Themes: Countries Stocks: TUR, EWD, EWO, EWZ, THD
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