Algokid

Economic Deterioration of India continues....

BATS:EPI   WISDOMTREE TRUST
300 views
1
India decline was probably one of the most under reported stories of 2011. The Bombay exchange lost close to 20 % in 2011. Some of the factors hurting it's economy : High inflation which in turn hurt Job creation, lack of investments from local companies which is not good for GDP. EPI had a negative return (40.4 %) vs 1.9 % for the SPY

Comments

Would you recommend another short here?
Reply
Algokid DRP37
Hi DRP37, EPI is approaching support (15.50-15.53)...I wouldn't go short until this level is broken.
Reply
Revisiting this chart. It seems things are getting worse for India. Anyway, Short target reached
Reply
short position taken with Stop loss at 20.06
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out