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Vanguard Financials ETF Message Board

  • bozo1234_94549 bozo1234_94549 Nov 12, 2007 3:06 PM Flag

    Buy when folks are in hate

    Sell and go short when folks are in love. Folks were so in hate with financials, REITs, anything with "money" connected to it, it was a no-brainer to buy those ETFs for long-term.

    On the other hand, folks were so in love with anything related to crude (oil that is), it was a no-brainer to buy DUG (lots and lots of DUG, an ultra-short ETF) when crude peaked.

    I've made some mistakes trading, but buying low and selling high weren't on the top of the list.

    Yours,

    Bozo

 
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