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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Comment by RichyRich$on Mar 06, 2016 9:59pm
81 Views
Post# 24628422

RE:RE:RE:It's game on! - sober second thought

RE:RE:RE:It's game on! - sober second thoughtThanks for digging that up Mhd. I was just about to check it myself and ask Next whether his definition of "historical" includes the past 50 years :). Even without checking... I knew it would be a different pattern during the last few years gold bear period versus the bull period. Even if Gold does pullback now, it will be smaller and shorter period when in a mid to longterm bull period. Even if not a long-term reversal, and if only a 2 year midterm bull trend, I'm willing to bet the pullback periods will only last 4 weeks and not as strong of a pullback. In the heart of the bearish period we experienced, the pullbacks were massive with mid to large cap miners like IMG pulling back 50% and the selloff's lasting 2 to 3 months. In 2016 I predict pullbacks to be 20% and only last 4 weeks. And the rallies would last longer 2 to 3 months versus only 4 to 6 weeks rallies during the bear period. Its kind of like inverting the charts upside down. Plus Merrex is not directly influneced by POG. Since production is 2 years out. The rescent rally is most likely the fact a buyout os more probable after the positive drill results released.
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