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IBDvalueinvestin (99.65)

Emerging Markets in a "V" recovery according to the chart

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June 10, 2009 – Comments (0)

The emerging markets fund hit its high of $25+ right before the 2008 Crash and then hit its lows 6 months later in March 2009 at below $10 but now after 3 months its on its way to a "V" shape recovery at almost $15.   Just like a beach ball pushed too far under water. You ever see how far above the water a beach ball goes once it pops up?? It overshoots by a wide margin.

related ticker: LZEMX

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