Aj White

I'm No Perma-Anything

Taking money off the table when the odds deteriorate is a smart move.

The Vultures Are Circling Over Bodisen Biotech

Organic fertilizer in deed. These Vultures will go for the remains and get their frequent flyer miles too. It will make a great case study. Aj

ETFs: Don't Sweat the Spread

Roger, It seems to be that you and Mark are on the same page really. Although ETFs are primarily geared towards active traders, an active trader might be better off with mutual funds which don't charge commissions (most mutual funds discourage active trading, but some, like Rydex, Profunds and Potomac Funds encourage it). Aj

Capturing a Sector With a Low Beta Strategy

Roger,
Net asset vaue. Unlike mutual funds, ETFs don't necessarily trade at the net asset values of their underlying holdings, meaning an ETF could potentially trade above or below the value of the underlying portfolios. Since you had your idea rolling around in your head for a few weeks I thought that might be something to consider when you are trying to go the other way with only one stock.

Capturing a Sector With a Low Beta Strategy

Roger, Since your idea is a work in progress try considering NAV. If the fund is selling at a premium to NAV than sell it short and buy that favorite stock of yours. Incorporate your idea and you might have an edge with low risk.