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Egypt Index EGPT An easy 20% - Bounce

  • 28-01-2011 10:39pm
    #1
    pirelli
    Registered Users, Registered Users 2 Posts: 2,876 ✭✭✭


    A possible BUY on Monday ?

    Market Vectors Egypt Index ETF (Public, NYSE:EGPT)

    e.png


Comments

  • #2
    pirelli
    Registered Users, Registered Users 2 Posts: 2,876 ✭✭✭pirelli


    It will take a long time before it recovers. The Countries ratings have been hurt. However where ever it settles it will bounce.


  • #3
    hmmm
    Registered Users, Registered Users 2 Posts: 11,205 ✭✭✭✭hmmm


    I looked at that myself. It's a very thinly traded ETF, the spread is huge. I wouldn't underestimate what is going on in Egypt, there are a number of different scenarios.


  • #4
    pirelli
    Registered Users, Registered Users 2 Posts: 2,876 ✭✭✭pirelli


    Well.. What do you know.

    sc-31.png


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