World events can change the trend

So the Egyptian protests have hit the markets and we had a hard down day the day after a new up signal.  The signal is now sell.  I expect more weakness in the markets.  Sell the QLD and Buy QID.

From the Guild Investment :

Russia Watch: Sitting (Literally) on a Huge Repository of Raw Materials

 

An analysis of the Russian raw material scene indicates production lagging behind expectations and an effort underway to change the situation. Russia is among the world’s three largest reserve holders in iron ore, coal, platinum group metals, potash, magnesium, titanium, tungsten, gold, silver, sulfur, tin, and the rare earth elements germanium and vanadium.  The country also has huge supplies of oil, salt, nickel, iodine, molybdenum, cobalt, and cadmium.  That’s a huge amount of potential wealth awaiting efficient exploitation.

 

The Russian government plans to ramp up production of these resources and increase its wealth. It’s worth noting that much of that wealth is controlled by a few politically-connected oligarchs and government officials. 

 

I only now of ETF RSX for investing in Russia.  Need to research this.