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User Info Best Performing ETFs for....; entered at 2007-12-01 11:49:49
Guydaley
Posts: 15011
Registered: 2007-07-10 Wyoming only ATM
Friday, November 30th - Today is end of calendar year for IBs according to a post on the tickerforum. How incredibly coincidental. Two giant news stories, Bernanke affirms possibility of additional rate cuts AND a bailout program to fix interest rates for at risk home owners. ON THE VERY SAME DAY that IBs end there calendar year AND on which there bonuses are so dependent.

I know, I know, I'm waxing tinfoilish here. There could NEVER be any collaboration between the FED, the treasury and the IBs. Why...why...that would suggest that our goverment was shall I say....less than ethical? And if you don't have faith in your government to do the right thing, why, what do you have?

So the financials went insane today, every single last one of them and all things related to homebuilding although its not represented in the indices so much, as it is in certain ETFs. Six of top eight were real estate ETFs.

DOW +0.45
NAS -0.27
S&P +0.78
RUS -0.22
GLD -2.46

SPDR S&P Homebuilders XHB 7.02%
Ultra Financials ProShares UYG 6.32%
Adelante Shares RE Composite ACB 6.02%
iShares FTSE NAREIT Real Estate 50 FTY 5.95%
HealthShares Infectious Disease HHG 5.65%
First Trust Real Es FFR 5.57%
iShares Dow Jones US Home Construction ITB 5.34%
Ultra Real Estate ProShares URE 4.54%
SPA MarketGrader 200 SNB 4.05%
KBW Bank KBE 3.90%
SPA MarketGrader Mid Cap 100 SVD 3.77%
First Trust Consumer Disc FXD 3.64%
iShares FTSE NAREIT Residential REZ 3.51%
HealthShares Metabolic-Endocrine HHM 3.50%
Ultra Consumer Services ProShares UCC 3.40%
iShares Dow Jones US Financial Services IYG 3.11%
iShares Dow Jones US Financial Sector IYF 3.08%
Claymore/Morningstar Mfg MZG 3.08%
HealthShares Respiratory Pulmonary HHR 2.91%
Ultra Russell MidCap Value Proshares UVU 2.90%


2007-12-01 11:49:49