Monday, September 10, 2007

Long position with France ETF (EWQ).

Today one hour after US markets opened I bought EWQ for $35.1 (I'm quite lucky to pick up daily low). France is my favourite among Western European countries as they are going throught Sarkozy reforms. Also PE valuation 13 is below Euro Zone average. YTD performance equals zero for French index CAC-40 with 52 weeks 10% increase. The only Ireland ISEQ is worse.


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