Spindex moves along with US economy since a lot of their business comes from the auto sector there which basically tracks the economy and manufacturing.
I would expect poorer results next year if the QE program does end up winding down in October. Predictably, US markets will correct as they have post QE1,2,3 and this will impact Spindex as it has just couple years back.
Balance sheet is rock solid though and if entry price was at 30-35cents near the lows, probably still ok to hold for now and see what happens with the FED.
-vested-
I would expect poorer results next year if the QE program does end up winding down in October. Predictably, US markets will correct as they have post QE1,2,3 and this will impact Spindex as it has just couple years back.
Balance sheet is rock solid though and if entry price was at 30-35cents near the lows, probably still ok to hold for now and see what happens with the FED.
-vested-
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com