I first wrote about OMG here:
http://fade-me.blogspot.com/2008/05/build-not.html
Today, I found another write to confirm my thinking:
http://www.schaeffersresearch.com/commentary/observations.aspx?ID=85447&obspage=1
Keep an eye on it.
Posted by
Unknown
at
6:57 PM
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.
3 years from now:
PBW from 25 to 100 (hell yeah!)
SLX from 88 to 350
MOO from 53 to 210
NLR from 39 to 155
Which is more likely? PBW, back up 9 trucks.
Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.
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