On 3/8 I mentioned it might be time to look at the emerging markets again and the “Power of the Pattern” seemed to favor Thailand (THD) and India (EPI) (see post here) I shared at that time that I would want to be an owner on a breakout.
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Game Plan…Buy breakouts with stops. Emerging markets have lagged the 500 index for a good while. Breakouts like this should see relative strength in some of the BRIC countries.