Wednesday, January 21, 2009

ETFs that hit our 'over sold' screen...

The ETFs below hit our 'over sold' screen as of 1.20.09 close - many other sectors and country specifics are not too far behind. A few additionals...nobody wants to catch a falling knife - asset classes can remain under pressure for a long time - it's one thing to buy cheap, or relatively cheap, it's another to buy cheap with improving fundamentals or momentum ( as my colleague is SO often reminding me.) (9)

OEF Ishares SP 100
IVE Ishares SP500 Barra Value
FIO Ishares FTSE NAREIT
EWO Ishares MSCI Austria
EWK Ishares MSCI Belgium
EFV Ishares MSCI Value Index
USO US Oil Fund

* needless to say this is not a recommendation to buy or sell *

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