Is MOO a good bargain now?
Clark: We're not a buyer yet. We'll be ready to probably make a move in it around the end of the third quarter or early into the fourth quarter. We'd like to see MOO, along with DBA, find a base and stop falling. When you pull up the technical charts, both are continuing to fall. By contrast, Brazil is already finding some support. We know that through the iShares MSCI Brazil Index (EWZ). Technically, it seems to have found a base around $75 per share. MOO and DBA have not yet.
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