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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 Apr 13, 2016 2:25pm
88 Views
Post# 24762572

RE:RE:Site Map ...

RE:RE:Site Map ...VIT.V looks like its ready to pullback to $.24. It already formed a topping pattern and in the red today. Usually after a parabolic 50%+ rally, it pulls back on profit taking (sell on news). The new support usually becomes the previous peak, which was $.24 in March. So what you could do is sell VIT now at $.31. Buy MXI now and double your money and buy back VIT at $.24 with twice the money. That's what I would do in your shoes :). But then again I'm a breed of half investor and half trader. Not sure how much money you're playing with, but its tough to buy large amounts of MXI under $.22 at this point. But $.22 is still a descent buy in.
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