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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: shades who wrote (62918)4/28/2005 8:39:36 AM
From: Slagle  Read Replies (4) of 74559
 
Shades, Re: ETF's You can get killed with those things too if you don't play them right. I have a 52% gain in the IDU utility holders that I have held for several years. Last year I made some money on the EWZ Brazil country fund but I don't know how many times I have been burned with EWJ Japan country fund which I have jumped in and out of thinking I had "caught the bottom" with Japan.

If you think Phil is right and banks will fly how bout IYF or XLF? Looks like they turned up a few days ago. And the XLE energy holder broke the 50 day MA Tuesday heading down so Phil may be right.

What do you think?
Slagle
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