Love the EFA index fund. The dollar is at a low which is embarrassing, considering its a world standard currency.
I got out on 11/18. Looking for a 12/15% drop and jump back in.
The charts for the last four months are showing a pattern.
36.54 0.07 0.19%
as of 03:04 PM EDT on 08/25/2009 in USD (NYSE Delay: 15 mins.)
Real-Time Quote 36.53 0.06 0.16% about (BATS) as of 03:19 PM EDT on 08/25/2009 Real-Time Quote Not Available Why not? Real-Time Quote
Only available during pre-market and regular market hours. about
Day Low 36.38
Day High 37.00
Volume 46.72 M
30-Day Avg Vol 66.92 M
Market Cap 31.34 B
Mkt Cap Chg 60.03 M
Shares Out 380,180,180
% Shrs Traded 12.22%
52-Wk Low 18.22
52-Wk High 40.61
Previous Close 36.47
Today's Open 36.73
P/E Ratio —
I see there is another board.
DPK is wrong symbol; correct one is EFU.
Believe there's a significant opportunity this week with EFA, albeit with significant risk.
I'm betting a triple bottom pattern is unfolding. The negative volume trend isn't confirming the price trend and there are tons of positive divergences between the price trend and price/volume indicators as I've annotated on the below chart.
I'm not of the camp we fall out of bed unless all hell breaks loose in the Middle East. Otherwise, I'm seeing significant opportunity to pick up on some of the best firms outside of the US. If you are underweight the EFA, time to get on board (I hope).
Thanks for starting this board...
I follow EFA as well because it's my only non US equity play for my Government retirement plan called the Thrift Savings Plan. Right now, I'm negative on EFA as it appears EFA is going to test its recent swing lows as it bounced off the 21-day resistance MA inside the daily Bollinger Bands.