Gyroscopic Investing

A little late, but still relatively near the bottom.  India typically makes hundreds of percent moves lasting years after such bottoms.  The catalyst for change is the new pro-business Prime Minister.  See: http://gyroscopicinvesting.com/forum/ot ... n-waiting/

[img width=800]http://i58.tinypic.com/wtdnwh.png[/img]

What is the most reflective ETF on this MG?

Thanks for the heads up, MG.  I remember reading about this in the news, before he had won yet.  Mostly it was about diplomatic relations, since he was denied a US visa at some point.

Maybe he will be the Indian Reagan?  Where did you get that chart, btw?

I found MSCI ETFs INDA and INDY after a bit of searching.  I think INDA is larger cap companies, and it also has lower ER (0.67 vs 0.93).  So I would go with INDA.

The chart, which is from AmiBroker, is of SCIF which is a small cap India fund.  I didn't bother to do any comparisons with other ETF's since I won't be holding it long term, only as long as the uptrend lasts.  But small caps will definitely juice up the gains.

MachineGhost wrote: The chart, which is from AmiBroker, is of SCIF which is a small cap India fund.  I didn't bother to do any comparisons with other ETF's since I won't be holding it long term, only as long as the uptrend lasts.  But small caps will definitely juice up the gains.

Do you think that the horse has left the barn on this already?

Reub wrote: Do you think that the horse has left the barn on this already?

Compared to it potentially running for a couple of years, no.  But short term it may be overextended; but you risk missing the move if you wait for a pullback.  I am betting that if/when the US corrects, capital will rotate to greener pastures overseas.  I don't think we're ready for a major top yet because there's just way too much negative sentiment.  Major tops don't happen when everyone is looking for them (corrections can, but they're 10%-20% or so).

Time for an update, it just broke out again and money flow is positive:

[img width=1024]http://i60.tinypic.com/6i78g7.png[/img]

Hopefully, this is the one, but there's still room for more compression in the apex.