Chile Fund (CH): A post-quake buy

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by Nicholas Vardy, editor The Global Bull Market Alert

This week’s Global Bull Market Alert recommendation, the iShares MSCI Chile Investable Market Index (NYSE: ECH), is a high-risk bet that Chile’s stock market will weather the devastation of the earthquake just fine and resume its already strong upward trend.

The market will very likely be weak near term because of the general level of uncertainty and concerns over damage to infrastructure. Looking back a few weeks from now, I believe this will represent a buying opportunity.