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chainik

03/06/09 10:11 AM

#2593 RE: Lone Ranger #2592

I think TA is useless for trading RSX. Small manipulated market; Putin says something - the market is up or down 10%. The market is also very sensitive to rouble, which IMO again is not suitable for TA.

The bigger picture is clear IMO: US market is close to a bottom, RSX is holding well, the price of CDS against Russia default is down. RSX is mostly about commodities, and IMO commodities will outperform during the rally.

Looks good.