Invesco Emerging Markets Sovereign Debt ETF V.PCY

Primary Symbol: PCY

The investment seeks to track the investment results (before fees and expenses) of the DBIQ Emerging Market USD Liquid Balanced Index (the underlying index). The fund generally will invest at least 80% of its total assets in U.S. dollar-denominated government bonds from emerging market countries that comprise the underlying index. The underlying index measures potential returns of a theoretical portfolio of liquid emerging market U.S. dollar-denominated government bonds.

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Invesco Emerging Markets Sovereign Debt ETF

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Comment by Equalibriumon Jun 20, 2011 2:09pm

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Post# 18739195

RE: RE: Double Bottomed?

Don't the 'real' double bottoms' that indicate an imminent rise in price, occur over a longer period of time than one month.

A more likely double bottom if we are unfortunate to get that low, will be in the .45 range, matching the level from last summer, as can be seen on the following chart.

Hopefully we never get near it, but a 1 year db is much more telling than a 1 month db.

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