Hi Jim; I'm setting up to track the largest weighted ones in each
along with it, only the XLP took 13 to get most of the index.
the rest from 6 to 10, I may expand that but it should do.
I'm setting them up now in Yahoo, and adjusting the weight
to where they should track. I will also have them in a spread
sheet ( I can import from Yahoo ) the sheet will re-weight them
on the fly dynamicaly..and I can adjust Yahoo shares owned
in each after any sizable moves.
I sure do hope they catch on , as we will need some volume
to keep them going, these will be neat as hell.
Some of them should be a snap to time.
I'm more a strategist and momentum player, than an FA or TA,
person while they are all valid, I look hard for the "angle"
that gives an edge.
----------
We need to get some talk going on these..like the XLB
has DD at top with 20.01% weight..56 companies with AR last
at 0.2% lot of gold and copper and Chem, I don't see it
as a real narrow sector, and it may be sort of lack luster
unless Chem & paper takes off as that's weighted the most,
but I like having the gold in it too.
-----------
XLU has telecoms as well as utilities, I wonder if these
SPDRs will pay dividends ? MDY and SPY do.
-----------
XLI with GE at the top pulling 26.32% of that index
--------------
I like XLP lots of drugs, at the top end. along with KO,
and
XLF looks set up good for the Financial, it and
XLK are the least hybrid, and most focused on their sectors,
the Tech don't have much in the way of internuts in it,
other than say csco..but that's OK it won't be as volatile,
and I can still use the MDY as a proxy for the nuts.
-----------
All in all I like them
and feel really getting "into" them could be about all I might
want to do..like I may start tracking every company, in any sector
I go in, total they have 500 issues split up, that's to many for
me to track, but the top runners shouldn't be too hard to deal with.
Hope they get popular enough to be liquid and not have big spreads.
Jim
|
