iShares MSCI Austria Index Fund (ETF) (AMEX:EWO)
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Down 34% YTD while EWG (Germany) is down 17%. The German-language economy is fairly integrated, so I'd experiment with buying EWO and shorting EWG.
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Austria is benefiting off of the Czech and Slovenian Markets. Snowball effect...
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http://dhzone.com/nextWave.php
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This Austrian ETF is a great way to get some exposure to East European countries.Austrian companies are expanding rapidly into these countries and should benefit handsomely over the next 5 years.
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This index holds a lot of financials that support the booming growth in Eastern Europe.
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I think Austria is a great market to hedge against the dollar falling further. This ETF has had great returns the last couple years, and still has a lot of room to run.
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I shares for long term investment
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eastern europe is hot.
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eASTERN eOROPE GROWING FAST
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Europe is on a tear, so this should do good.
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Europe is heating up as the US is cooling off. People that want a secure place to put their money outside of the US are looking to the developed Euro market. MSCI Austria is one of the more promising of the European indices. Count on this fund to keep things hot in the long term.
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I'll bet a Cap that the net-energy-exporting country (Austria) lying behind this ETF outperforms the (U.S.) market.
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