I am shorting RSX big time. My perspective is that oil is going to keep going down ($75/barrel) and that the Russians have oil but don't have an economy. Therefore where oil goes so goes the RSX. I am also pessimistic in the short term about surrounding 3rd world economies (Overheated and inflation prone). Hence I expect less trade for Russia. And lest I forget, Russia's BAD behavior (Invading Georgia) just puts the cherry on the cream. Short Russia - Make some dough!
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I am shorting RSX big time. My perspective is that oil is going to keep going down ($75/barrel) and that the Russians have oil but don't have an economy. Therefore where oil goes so goes the RSX.
Sep 10 15:30 pm
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All Comments by Vanderpool »Russia: Now vs. 1998 [View article]
I am also pessimistic in the short term about surrounding 3rd world economies (Overheated and inflation prone). Hence I expect less trade for Russia. And lest I forget, Russia's BAD behavior (Invading Georgia) just puts the cherry on the cream. Short Russia - Make some dough!