I would assume so, but even before it halted it bounced off the low 5 somethings hard and went back into 6, back into 5 afterhours an then was halted. It will be interesting.
personally I dont have much interest in the China ETF and havent watched their markets. I am specifically speaking of the russian etf rsx due to the swift plunge to 80-90%.
large cap russian equity vs something like rsxj that might be small cap and its highly concentrated in the blue bloods of russia as opposed to having maybe 50-200 different companies.
The people questioning why not buy RSX after a 90% decline are the same people that
-Didn't buy oil when it was negative
-Didnt buy American Airlines when it was $1
-wait until the upswing to buy the dip
Do you think the economy of Russia is just going away? There could be a peace deal next week or Russia could pull out. It will 3x that day. Worst case, Russia somehow never has the sanctions lifted? I don't see that happening. "When there is blood in the streets start buying". There is literal blood in the streets.
I have a question for the smarter people in the room:
At what point do I sell my oil plays that I have ridden to this high the past two years since negative oil prices. Oil is always cyclical and my question is just how much higher does the price go and at what point does supply catch up and bring the price back down? Thank you in Advance.
higher on the food chain and what not etc, had some tako sashimi the other night at one of the finest places in Rio and I would do it again and again and again, just like @South Austin's mom