Wed 23 Apr 2008
Well I just opened my first trading account a week ago. Boy is there alot to learn. I have been reading and reading for like the last 2 years, and I still do not think I know enough about the markets. I found a new investment blog today that I am going to monitor because it looks interesting. http://www.etfdigest.com I came across some ETFs I had not seen before on one of their most recent posts SLX, MOO, XLB, XLE, and ILF. The XLE is an energy index etf that seems to have done extremely well. ILF is an index of Latin American companies that looks amazing. However, they both look like the stocks at the top of the dot com boom right around when INTC was trading 72 a share. Then all of a sudden bam they were done. I am still trying to figure out when a mean reversion is going to occur.
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