EWZ is like a 3x dow ETF

Great explanation. It's just that simple then. What Brazilian stock is in the Dow? Drawing loose correlations like this based on what, a three day performance (?), and throwing it out there is ludicrous.
 
Quote from stock_trad3r:

Um your wrong again

EWZ tracks the dow but is accentuated by a factor of three.

Just look at a chart and compare the two.

We're in a global equities rally which includes emerging markets. So if the dow goes up, south American stocks follow as well as EWZ.
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I now know that you have not a clue about anything even relating to this market.


EWZ tracks the DOW????

WTF are you talking about.

EWZ DOES NOT TRACK THE DOW!!!!!!!!!!!!!!
 
Quote from S2007S:

I now know that you have not a clue about anything even relating to this market.
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Maybe thats why I know how to make money? Maybe you should try making money for a change. :p
 
Quote: "When the dow surges, ewz surges because MSCI Brazilian Market Index is also going up

When the dow fell 3% intraday a few thursdays ago so did EWZ and MSCI Brazilian Market Index but to a greater degree. "


So because of the uni-directional trading events a few thursdays ago, we can go ahead and draw a broad based conclusion that Brazil and the Dow are linked. Why bother doing a historical analysis dating back 1, 3, 5, or more years? Why bother doing any kind of correlation modeling, let's just put blanket statements out there? This is fantastic reading.
 
Quote from stock_trad3r:

Maybe thats why I know how to make money? Maybe you should try making money for a change. :p
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You know how to make money???

You told everyone that EWZ and the DOW track each other. Where you get that info is just beyond me. You dont even know what an ETF is.
 
Quote from pdwst33:

"Buy & Hold." Yet you didn't utter a word during last week's carnage....NOWHERE to be found. You're terribly predictable.
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If you think the bashing is bad now it would have been about 5x worse last week cause every single ET bear was in full force. Even I have step back and let things unfold. Also I posted, but not as much.
 
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