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[Metastockusers] Re: Sector trading



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I'll have a look.
Thanks
Sean

--- In Metastockusers@xxxxxxxxxxxxxxx, "Martin Blain" <martin@xxxx> 
wrote:
> Sean
> I just became aware of some ETFs that cover dividend paying stocks.
> DSA
> DSJ
> DSK
> Might be good for a short.
> 
> Regards Martin
> 
> 
> ----- Original Message ----- 
> From: "cloudyweather13" <staylor@xxxx>
> To: <Metastockusers@xxxxxxxxxxxxxxx>
> Sent: March 12, 2003 3:36 PM
> Subject: [Metastockusers] Sector trading
> 
> 
> > Hi,
> > 
> > I'm thinking of testing a system trading sector ETF's.
> > 
> > Basically,
> > in a up trending market, go long the 'Strongest' sector ETF.
> > in a down trending market, go short the 'Weakest' sector ETF.
> > 
> > That's the principle, but I've got a few questions.
> > 
> > 1.  Which series?
> > There seems to be a too many sector ETF's out there.
> > iShares Dow Jones i.e. IDU
> > SPDR's i.e. XLU
> > HOLDRS i.e. UTH
> > 
> > Which to choose?  Some of the SPDR's appear to have more volume 
but 
> > they don't cover all the S&P GICS industry sectors (can't find 
> > telecoms).
> > 
> > 2. What would you use to define the 'Strongest' sector 
(and 'Weakest' 
> > sector)?  strength relative to DIA or SPY?  What is strength?
> > 
> > Thanks for your thoughts,
> > Sean
> > 
> > 
> > To unsubscribe from this group, send an email to:
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> > 
> >  
> > 
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> > 
> > 
> >


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