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$16.22 0.00 (0.00%)
10/9/2008 4:00 PM

Market Vector Russia ETF Trust (RSX)

CAPS Rating:
****

Exchange trade fund

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What the Community Thinks

Total Members

315 Outperforms
14 Underperforms
 

All-Stars

62 Outperforms
6 Underperforms
 

Members bullish on RSX are also bullish on:

Members bearish on RSX are also bearish on:

Ticker Tags

ETF (Exchange Traded Fund or Note) (967), Small Cap (1922), Russia (10)
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Market Vector Russia ETF Trust At A Glance

Current Price: $16.22
Last Trade Time: 10/9/2008 4:00 PM
Open: $0.00
Previous Close: $16.22
Daily Range: $16.20 - $19.38
52-Week Range: $16.20 - $59.58
Volume: 2,867,609
Market Cap: $609.57M
P/E Ratio: 0.00
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Stock Trends

RSX VS S&P 500 (SPY)

RSX 12 month chart vs. S&P

News & Discussion Boards

Sorry no news articles available for RSX.

Top Bull Pitch

Recs

1

Market Vector Russia ETF Trust (RSX)

Avatar EScroogeJr (31.78) Submitted: 9/04/08 6:15 PM

there will be a dead cat bounce, nothing goes down in a straight line.

Replies: 1 | Reply | Permalink

Top Bear Pitch

Recs

2

Market Vector Russia ETF Trust (RSX)

Avatar Mactalon (93.16) Submitted: 7/18/07 11:44 PM

This thing is a fund which invests in another index fund. Great niche. Not! First, the index has only 30 companies, all in Russia. 38% are oil and gas companies, which could be growing to be less and less of a profitable sector. In summary, it doesn't seem like an outperformance waiting to happen.

Replies: 6 | Reply | Permalink

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Recs

0

 (RSX)

Avatar chronicallyill22 (90.21) Submitted: 9/23/08 10:40 AM : Outperform Start Price: $30.84 RSX Score: -20.41

Oversold.

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Recs

0

 (RSX)

Avatar jstegma (99.73) Submitted: 9/22/08 2:36 PM : Outperform Start Price: $33.76 RSX Score: -22.39

Russia doesn't want to drive away all foreign capital. The Russians may be a lot of things, but they aren't stupid. They know why they lost the Cold War - economics. They can see the Chinese model of "communist capitalism" and that it involves foreign capital being invested. The can see that the Arabs and other OPEC types are working to diversify their economies to avoid being overly dependent on oil. So I don't think the Russians will continue to let oil go to their heads. They'll find some way to save face and not look like they are bowing to the West, but rest assured they'll find a way to re-attract that western capital. Driving away foreign investors just isn't in Russia's interests - which includes expanding its military, political, and economic power and influence in Eastern Europe and the Middle East.

So I think Russia is an attractive place to invest right now while many investors are scared to death to put their money there. I don't think the "Russia risk" will last very long.

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Recs

0

 (RSX)

Avatar anchaknew (< 20) Submitted: 9/21/08 4:11 PM : Outperform Start Price: $32.56 RSX Score: -21.22

Way oversold ....





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Recs

0

 (RSX)

Avatar Collin757 (78.89) Submitted: 9/15/08 8:04 PM : Outperform Start Price: $26.58 RSX Score: -14.44

agt

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Recs

0

 (RSX)

Avatar kdenisen (< 20) Submitted: 9/11/08 6:12 PM : Underperform Start Price: $31.76 RSX Score: 20.12

It's starting to look like 1998 replay: http://static.seekingalpha.com/uploads/2008/9/9/saupload_russiadeclines.png

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