Hi Tom,
Indeed sector funds supply security, but if it is a one stock
sector.......
I am still moving slowly to sector funds, using the bearmarket to AIM slowly into the sectors. As soon as a machine has critical mass it becomes independent.
The ETFs traded here in Amsterdam are at this moment following european sectors. The ETF sector itself is growing quickly. We don't however have such a great variety as you guys have in America. ETFs should follow sectors worldwide and hopefully NYSE, Euronext and asian partner can implement the worldwide 7*24 orderbook soon.
Buy from the scared, there are too many of them now!
Is this what they call capitulation?
Or not yet? K