Thursday, March 5, 2009
Value must be DEAD
New Chart!!! When and "IF" this market ever turns around I think the best opportunities will be in the Growth stocks and Tech stocks. So, I'm looking at the IWZ for growth and the IYW for tech. This chart could help pick up a few extra percentage points per year by positioning with the trend of growth vs. tech.... As the chart trends up growth is out performing tech and as the chart trends down tech is out performing growth. Using these 2 iShares ETF's could make a difference in my trading scheme that would result in early retirement. Isn't that what it's all about? Chart is now added to the sidebar for your viewing pleasure. Have fun with this and good luck with your trades. Oh, and for Value, forget it, I thought GE was a hell of a buy in the 8's. Then 2 day's latter it was even a better value in the 6's. Maybe I'll buy some more when it drops below $1. This market really sucks!!
Seeya,
RedDirt
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