April 27, 2006
ETF to Watch — MSCI Mexico (EWW)
I’ve been keeping an eye on Mexico because it has been going sideways for a good many weeks. It finally moved up and out of the range on about twice average volume. Anyone who reviews my ETF Performance Tables knows that Mexico has been one of the best performing stock markets in the world the last couple of years.
The iShares MSCI Mexico Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Mexican market, as measured by the MSCI Mexico Index.
Cat: | Time: 9:12 am (utc+8)
June 28th, 2006 at 8:30 am
[…] Buying a high-volume breakout is easy — managing the trade is the hard part. In late April I featured the iShares MSCI Mexico fund (EWW) when it broke out. Now I’m going to explain in this series of charts how folks who took that trade and managed the risk aren’t stuck holding a loser. […]