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Strategies & Market Trends : Mike's Big Adventure Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: DaWentz who wrote (1456)	4/5/2007 8:07:45 PM
From: Square_Dealings	Read Replies (1) \| Respond to of 1791

Craig, DNDN <VBG re:ETF I dont like ETFs of any kind. I think they are the last "layer" of derivatives added to the pile. I don't have much confidence that these ETFs actually own anything, rather they are just a number to trade. A "tracking" number, uh so when push comes to shove the lucky holders of ETFs own a number I guess. Still dont like the market here very much. Hard to put a finger on it exactly but just doesn't feel right to me. Sitting on sidelines w/small pile of metal buried in backyard for now. Congrats on DNDN. m.