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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (67631)8/16/2005 1:50:54 PM
From: Slagle  Read Replies (2) of 74559
 
Moominoid Re: "IWC" Here is one for your watch list, a new "microcap" ETF. Might have been helpful months ago, but now it may just be a sign of the top. <g>

Shorted the XLY consumer ETF this morning and covered FNM short as it was looking a little overdone. May wish I had stayed short FNM though. Need to find something that works as well as energy did. That may be shorts of some sort. Was thinking that it might be Asia country funds but now I'm beginning to wonder. Bad action in some of them. Hard to tell with EWJ because of that big gap a few days ago. But with IF (Indonesia) and TTF (Thailand) there is no gap to fill, just weakness. A bit of a worry.

I'm watching SJT very closely and ready to get back in in a big way..

Slagle
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