ERUS bounces off of bottom of its macro channel and is headed up. Bottom of channel was ~$20 and project to go up to ~$25 (+25%) before capping out of its channel about Jun 10 to 16. Adding supporting to this Russia has a new finance minister who is going to start printing money which will also drive up the prices of assets so it is a good chance that the trend will continue through the upper channel (see EWJ for comparison to what happens when the printing presses get turned on). I bought at $20.92 on 4/25/2013. For an even greater gain this same play can be made with RUSL (Russia x3 Bull) for gains of almost 50%. I will most likely purchase RUSL on the open Monday (4/28/2013). -WHT