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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: James F. Hopkins who wrote (19170)6/25/2006 9:46:37 PM
From: thisMatter  Read Replies (2) of 19219
 
I think ETFs will be the wave of the future, but read this: marketwatch.com{D6ABBD7D-BEF7-4096-A7FE-AF837E1703B3}&siteid=mktw&dist=.
It basically says that new ETFs may indicate a market high, because they are created when there is a buying frenzy in the sector, just when the market is peaking. I don't know how true it is, but it seems plausible, at least for some ETFs.
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