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iShares MSCI Pacific ex Japan Message Board

  • dover2019 dover2019 Jan 21, 2008 12:48 PM Flag

    Stocks pull back

    My fellow investors, I am wondering why this stock has dropped 24% off its high. It has dropped the most of the 21 stocks that I have checked. CPL is at 23%, 2 are at 20%, 5 between 15 and 19%, 3 between 10 and 14%, 3 are between 5 and 9%, and 2 are between 0 and 4% down from their highs. The Dow Jones is 13% off its high. I am thinking that because of EPP�s high percentage of financials this could be the reason they are leading my stocks in the current decline. They must have some exposer to the sub prime as other banks in Europe do. Anyone care to comment on the subject? Any response will be welcome.

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    • I am no expert but this is an ETF not just one stock, but my guess is that its just the Asian markets in general, you know how crazy far they have been going up they had farther to fall. I don't know what those other symbols are you mentioned are the Asian ETF's?

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