woensdag 19 augustus 2009

exit USA

well for most USA ETF's i've got 'exit long' signals with
my short term trading tool Dreamtai, so i've sold
the financials, except one, to keep on monitoring these
funds. But i'll keep the Australian fund EWA (the ETF
fund EWO still even looks like a buy).

So it looks indeed there will come a short term correction,
but there's no reason to go short, which would be
against the main trend. On the contrary, after a mild
correction, most likely there will come some
excellent opportunities to go long again. An
interesting ETF which i will monitor for such
purposes is PDP, a top 20 technical stocks exchange
traded fund, with a higher expected growth figure
than the average indices.

until later
jef

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