The Average Investor's Blog

A software developer view on the markets

Emerging Markets Bearish Again

Posted by The Average Investor on Jul 20, 2010

Last week the Emerging Markets (EEM) was a buy with respect to its 20-week moving average, but the choppy week ending on a deep plunge triggered a sell. Using Monday’s prices at the open, this trade would have yielded a 2% loss.

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