Penhead

Emerging Markets Definitely Due for a Pullback

Yes, moronic is an understatement. . .

Clumping all international ETF's together and comparing results is simply that. . .moronic. Picking out the Brazilain ETF simply b/c it hasn't fallen, yet is even more pathetic.

Main component of EWZ. . .energy.

His statement "the asset class is due for a bit of a pullback. The trick is always the "when" part. I thought it might be LAST year, and look at that 76.60 number up there."

HMMMMM, if he expected energy (Petrobras in particular) to fall then yes. If he simply assumed the fund should correct "because" as he claims then the Whiz Kid is little more than a small pisser.

What a horrible blog post. Little insight, little information, and piss poor assumptions. Moronic is an apt description.