Trials and tribulations of my stock trading and investing experiences. Lessons learned, both good and bad...that will hopefully benefit others.

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Friday, April 20, 2007
iShares MSCI Australia
There is an article on iShares MSCI Australia (EWA), in which Jim Cramer lists EWA as one of his top 5 ETF's to own. I completely agree with him and the continued uncertainity within the global arena U.S./Iran/Iraq/ just adds fuel to this fire. Australia's market is very robust and is projected to grow steadily. There is some concern with regards to the fact that the stock is thinly traded when compared with traditional stocks, but is better than alot of the other ETF's out there. This ETF is near its 52-week high, but I think this is just a "resting" place before it picks up more steam. The target price that I am looking for is $30.00. Have a good one (HAGO). Of course thoughts and/or comments are always welcomed. Justin
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