AssetDesign

Latin America - Go With Strength

Long
AMEX:ILF   iShares Latin America 40 ETF
Among the leaders in country index funds this week, ILF soared more than 9%. Top equities here are miners and banks, two of the best performing industries, especially in the last week. In general, markets are poised for a positive move. SPX appears poised to test the 40 week moving average some 9% higher at 4100. ILF has potential to touch the 31 level, nearly doubling SPX's return.

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