Utilities HOLDRS (AMEX: UTH) Unaffected By Market Weakness Says Market Timer Frank Kollar
December 4, 2007 (FinancialWire) (By Frank Kollar)
The exchange-traded fund Utilities HOLDRS (AMEX: UTH) has remained mostly unaffected by a declining stock market that has loped some 5% from the S&P 500 Index (SPX) in recent weeks. Make that a loss of 10% if you go back only one week ago.
Utilities HOLDRS has moved higher through selling and rallying, with gains of some 51% for the year as of December 3 rd. not too shabby and something to focus on if you are trying to decide how to invest with the least amount of risk, and the highest amount of gains, in coming months.
The trend for Utilities HOLDRS is up and trends tend to move further than anyone expects. In the current climate of volatility and perceived risk, Utilities HOLDRS may hold the answers for most traders. The Fibtimer.com (http://www.fibtimer.com) ETF Timing Strategy holds a position in Utilities HOLDRS .
Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.
Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.
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