Tech Analysis of ETFs??

[whitster]

ETF's - obviously tend to have more muted movements than individual outperformers within that group

the reason is because they represent a basket of stocks, and will thus have some middlers, some leaders, and some laggards .

so, yes if you can ferret out the likely better performers, than you will beat whatever the hot sector is by playing the hottest WITHIN that sector vs. the sector as a whole

otoh, the ETF/sector will have less risk in terms of individual equity risk (see: ENE CAFE etc.) since any disastrous news for ONE stock in a sector/ETF will obviously be minimally damaging compared to holding a large position IN that nasty stock

you can also spread trade ETF's vs. hot stocks in that sector, etc.

they are a great tool

i am really excited about some of the new equal weighted ETF's

when it comes to indexes, etc. i prefer index weighting to cap weighting

 

[ShoeshineBoy]

Quote from whoknows?:

TA is a very broad statement. To say "I've had no luck with TA" or "I've had success with TA" really doesn't mean much. No offense, but there are so many variables in those statements.

I'm just being honest: I've never found a system that I felt worked medium term on an ETF. Again, I know others have done it. I just think it's much tougher territory. My 2 cents...