5 ETFs Should the Bears Continue Roaring
Submitted by theStockMasters... on Sat, 10/03/2009 - 03:07
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This week the Bears dominated trading and equities took a nose dive. The Dow Jones fell 177 points this first week of October, that's why the Masters are looking for trades that can mellow the Bears out. We turn to WallStNation.com for "Five ETFs to Help Survive the Rest of 2009" and attempt to pass the Dutchie to the Bears.
For the week, the Dow dropped 177 points. That decline of 1.8% was nearly identical to the loss shown by the S&P 500. The Nasdaq Composite slid 2% while the Russell 2000 slumped 3%.
With the market treading water for the past week or two, and some negative economic news being released many are wondering if this is a start of at least a short term market downturn. The following 5 ETFs should help insulate your portfolio from market weakness without exposure to highly leveraged and poorly constructed 2x or 3x short ETFs including SPDR Gold Shares (NYSE:GLD) and PowerShares US Dollar Bullish (NYSE:UUP).
Or don't and listen to this classic jam we've already posted 1,000 times on this site:
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