Berney; RE:" WEBS Leverage "
Yeah, I learned a lot by putting them into a little portfolio-tracker and doing a T/A on them, too. I wish we could run the combo-comparo %-gain chart that SI has on them - that's one of the few tools on SI that I really, really like; it's just too limited in the number of days / number of stocks / types of stocks.
Leverage - well, you could buy them on margin, (there are no options on the WEBS themselves), but it makes more sense to buy them with cash and then use the margin from this equity to buy something else... TG once told me that he stays 'fully invested' and trades with his margin allowance.
But the best way to leverage a WEB would be to buy index options for that particular bourse. Yes, it would be interesting to look up the components of the WEBS, Berney.
Ever since I began following and trading indices, Berney - I now cannot imagine buying equities without looking up their sector index, etc. and doing a T/A on the whole sector.
>I see a topping all over the world...
me, too.
It's fun to put all the sector indices into a portfolio-tracker, Berney - you can see the 'rotation' from one sector to another that way.
BTW, there is an index of ADR's - NASDAQ:IXA.X - and I'm in the process of looking up all it's components, etc. It's awesome.
-Steve |
