The Nifty Sale

Targeting markets with the best growth prospects is only half the battle. The other half involves finding investments trading at a “good price.”

So, investors searching for opportunities exclusively in the U.S. markets find they’re “fighting” on two fronts. Economic growth in the United States will be muted for years to come. And the U.S. stock market is certainly not offering bargain basement prices.

Readers on the hunt for stocks at cheap prices are always asking me, “When will stocks go on sale!?” They’re looking to buy in at a 20-30% discount.

I say, that day will come in the U.S…. but the opportunity exists in India, today.

After peaking in November 2010, India’s Nifty Index fell lower for most of 2011. It dropped 18%, while the S&P500 went 16% higher.

Here’s a daily chart on the iShares India Nifty 50 Index ETF (Nasdaq: INDY)…


See larger image

As you can see, INDY made a V-shaped recovery at the beginning of this year. It’s now trading at an important zone of support – the $22 to $23 range. Just look at how many times this price area has acted as support.

With India trading at an 18% to 34% discount to the S&P500, investors looking for good value in a high-growth market should be looking at India.

Dow Heading for Historic Drop – Take Immediate Action

World-renowned economist Harry Dent now says, “We’ll see an historic drop to 6,000… and when the dust settles – it’ll plummet to 3,300. Along the way, we’ll see another real estate collapse, gold will sink to $750 an ounce and unemployment will skyrocket… It’s going to get ugly.”

Considering his near-perfect track record of predicting economic events long before they occur, you need to take action to protect yourself now. Get the full details…

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Categories: Economy

About Author

Adam O'Dell has one purpose in mind: to find and bring to subscribers investment opportunities that return the maximum profit with the minimum risk. Adam has worked as a Prop Trader for a spot Forex firm. While there, he learned the fundamentals of trading in the world’s largest market. He excelled at trading the volatile currency markets by seeking out low-risk entry points for trades with high profit potential. An MBA graduate and Affiliate Member of the Market Technicians Association, Adam is a lifelong student of the markets. He is editor of our hugely successful trading service, Cycle 9 Alert.