Russia is the Easiest Money Ever!

http://thecreativedestructionist.blogspot.com/2009/02/speculative-long-russia.html


Right on call. This was the easiest trade ever. $11 a share on Feb, 4th. $17.45.

There you go.

1) Panics create excellent trading opportunities on the long side.

2)Buy a market that is down 80% in a swan dive , but after it has based . . . unless the world is ending.

3) technicals combined with fundamentals worked. Fundamentally Russian equities were only 15% of GDP. Technically they had established a base, and were massively oversold.

The market gives plenty of opportunities, but one must be ready!