Freaking MEXICO?

The Mexican stock market is en fuego senor :) . I remember buying the breakout to all-time highs in 2004. Never thought it would see today’s prices though.

Like Russia, color me skeptical for the rest of my lifetime on Mexico. Other than Cabo, I am not a fan and would never invest directly in their economy. That said, I owned the ETF for a while and was shaken out in the last pullback. Mistake. It is screaming.

This pinata will be a mess when it ends, but who knows when. I am just a spectator at this point.

What a sweet ride for the trend followers it has been.