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6 pts

Opinion on  iShares S&P Latin America 40 Index Fund (ILF)     Sector: Financial  >  Industry: Misc. Financial Services
overbought

Feb 08, 2007 05:02 AM GMT
Me
Return Risk
+1.33% HIGH
Sr. Associate

i don't really think i'll have to say much aside from the fact that this stock is extremely overbought. give it some time to rest and correct and it'll come back.



I personally am not too fond of latin america because they are not politically stable. i believe that i have smart money, and i highly doubt that smart money moves into countries with unstable governments. regardless of that fact, people will still do their own thing and the prices will fall and come back again. thus, leaving me with my very unempathetic view of "hold." I'll be sure to remove this rating in a few days simply due to the fact that it will hurt my SP score :P.


Happy Trading,

-zrvs


ILF:  This call was made on 02/08/07 @ $35.27
Rating:   Neutral/Hold   $35.27 (02/08/07)
Closed:   02/08/2007 @ $35.27 (+0.00% in 0 minute)
Target:   $33.60 (-4.73%) in < two weeks


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Tyler Hiranaka previously rated ILF
Negative -46.53% Bearish on ILF ...
02/08/2007
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