Nasdaq, HangSeng, etc currently seem to be a bit overbought
so instead of buying these trackers, i found two other other
trackers (ETF's) for which i give buy recommendations:
(August, 02, 2009)
1) EWA Australian stockmarket index
2) IYR American real estate index
Now you don't need to have a Noble Prize in economics,
or be someone like Soros to understand why these funds
are trending up: the economy is recovering in the Pacific
region, and in the USA real estate seems to be in a
turnaround, after the recent crisis.
Here's a graph for the IYR fund:

As written in the previous post, these are not buy-and-hold
recommendations, although these trackers might be most
profitable for only a few months or so; it are buy
recommendations for the medium term; but for more quiet
investors, they might also be profitable on the longer
term, with some 'neutral' periods in between. Like
indicated in my first post about investment strategies,
i'll continue to monitor them, and after a while i might
give a sell, or neutral signal. And if you're are sceptical
about the above two specific recommendations, well you
might investigate for yourself a selection of some other
trackers, wich also really look uptrending, namely:
IWM (small caps), EEM (emerging markets), XLF (financial),
GMF (emerging Asia), IYF(US financial markets), EWZ
(Brazil) and VEA (pacific region); also, after a
possible correction the semi-conductor market, i.e.
SMH might become attractive again. So until next
time, and good luck with your investments,
jef
PS yes i'm contemplating to buy the above two trackers
myself as well, only for a moderate financial amount,
and in the meantime i'll look for some trackers for
which you could try to go short, if possible.
0 reacties:
Een reactie plaatsen