Russia.....

Today we are going to Russia. I have not been to Russia, and many years ago a department of my company has interest in developing Russia and they sent a guy there to visit customers.I don't think it worked out as the guy soon resigned, any way he is more of the director of IT than a sales or marketing.

The one impression I have with Russia is that its hotel is very expensive, and staggering price of USD400/-. I think this is more expensive than India's 5 stars. This has something to do with Russian Mafia infiltration into almost all pockets of life in the country.It is a sad thing, years of Monarch oppression, followed by Communist governance. There was only a small window of democracy which happened to be led by an idiot Alcoholic Yelsin. And now dictatorship of Putin. People in Russia certainly having a hard time. So it is a wonder that one would think this country worth investing. Just look at  BP petrol incident, there is no integrity with Communist dictator.

 

Looking at the chart, this counter is like many other chart, on counter wave movment. With A and B completed, it is not on the C wave down. With A on a 5-wave pattern, C can be a 3-wave.Most recent pattern 2011 till now is a decending triangle, which is the b wave. If the reading is right with measurement of triangle, the objective will lead the index to sub 1,000.

 

So is BRIC still on or not?