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  • Finding Relative Value in Financial Services [View article]
    Certainly hope you're wearing shoes while you're out there wading around in the murky swamp of financials. Wouldn't want to see you step on anything nasty and squishy. Having said that, I'd be looking elsewhere...

    ITU (Brazil) Seems to be coming off a low and looks like it might have 25% upside within a 3 month period. It is also on an uptrend. Watch it though. Brazil has a lot of commodity exposure...But it also has a booming internal economy - unlike (err...hack..cough..) the US.

    IBN (India). I'd let it come back up through $28, for what might be a potential double. (Don't buy it now... It's dropping again.) Although India has a lot of problems with infrastructure and barricading itself against outside forces, it could be a nice growth story.

    I'd also look at a nice stop just below the recent lows on either..

    jegan ;-)
    Aug 20 14:48 pm |Rating: 0 0
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