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iShares Edge MSCI Wld Mntm Fctr UCITS ETF USD A IEMMF

The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI World Momentum Index.


OTCPK:IEMMF - Post by User

Post by HDP18on Feb 24, 2004 11:30am
132 Views
Post# 7108844

Backing off after a tripple top

Backing off after a tripple topTo be expected from a technical standpoint. Any thoughts on the USD and the expected global recovery. If the USD gets stronger naturally we'll see some retracement in the commodity stocks particularly gold. Its a tough call right now -commodity supplies are tight with the idea that we are in a secular bull market right now, meaning another 6-18 months of strength in prices: should be good for IMN. Also, with the cash they have on hand, maybe a special dividend or who knows a target for a hostile take over. Any thoughts??? Figure the new support levels are at $17 for the time being.
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