Thursday, October 18, 2007

And So it Goes...

Weakness in Financials. Strength in oils and miners. Sounds like a broken record. And it will continue. Oil may pull back some in the next couple of weeks, but the overall trend will continue. I think people are too bearish right now. Many international economies are booming. China has continued the impossible. While it may be good to let things cool off a bit there, I'm recommending a couple of other areas. India and Brazil. Both are experience a vast amount of growth, and aren't seeing the same inflows of cash that China has, at least not yet. India's market suffered a blip because of some regulatory issues, but still looks strong. Brazil is also doing well.

I'll add ishares ETF index funds for both. Symbols INP and EWZ.

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