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  1. #1
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    Think Your Stock Fund Stinks; Check out The Russian Stock Market

    CRASH.



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  2. #2
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    Re: Think Your Stock Fund Stinks; Check out The Russian Stock Market

    Wow.....Putin is going to have to go shirtless again to reassure everyone of his leadership abilities.



  3. #3
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    Re: Think Your Stock Fund Stinks; Check out The Russian Stock Market

    Quote Originally Posted by Cyclonepride View Post
    Wow.....Putin is going to have to go shirtless again to reassure everyone of his leadership abilities.
    LoL.

    Down 32% just today; I don't think even that shirtless Russian dude on Dancing With The Stars can revive their lousy market.


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  4. #4
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    Re: Think Your Stock Fund Stinks; Check out The Russian Stock Market

    Quote Originally Posted by Go2Guy View Post
    CRASH.

    first of all that is a triple leveraged ETF, the Russian Index is only down 11% today. Track RSX for a better idea of what russia is doing.



  5. #5
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    Re: Think Your Stock Fund Stinks; Check out The Russian Stock Market

    Quote Originally Posted by erikbj View Post
    first of all that is a triple leveraged ETF, the Russian Index is only down 11% today. Track RSX for a better idea of what russia is doing.
    Yes - You're correct about the daily crash today, thanks for the clarification. But RUSL is a proxy ETF and I was trying to show the chart pattern of the crash which tracks with the RSX.


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  6. #6
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    Re: Think Your Stock Fund Stinks; Check out The Russian Stock Market

    Quote Originally Posted by Go2Guy View Post
    Yes - You're correct about the daily crash today, thanks for the clarification. But RUSL is a proxy ETF and I was trying to show the chart pattern of the crash which tracks with the RSX.

    oil was down almost 7% causing most of the Russian downfall.



  7. #7
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    Re: Think Your Stock Fund Stinks; Check out The Russian Stock Market

    Quote Originally Posted by Go2Guy View Post
    Yes - You're correct about the daily crash today, thanks for the clarification. But RUSL is a proxy ETF and I was trying to show the chart pattern of the crash which tracks with the RSX.
    RSX is an ETF.



  8. #8
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    Re: Think Your Stock Fund Stinks; Check out The Russian Stock Market

    The U.S. market has held up relatively well. The S&P 500 is "only" off 10% this year. The Nasdaq 100 is actually flat for the year.

    Meanwhile, Europe and Asia have been getting killed. German market is down 30%. Italian market is down 35% year-to-date.




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