Dave's Daily ETF Blog

MARKET COMMENT

October 9, 2008



Batman [Paulson] & Robin [Bernanke]

Batman: "It's time to get set, Robin. It's almost oda wabba simba."
Robin: "It's almost what?"
Batman: "Oda wabba simba. Six o'clock in our nomenclature. In the 14th dynasty, the hour of the hyena. The time when ancient Egyptian supercriminals invariably struck!"
Robin: "Gosh, Batman, is there anything you don't know?"
Batman: "Oh yes, Robin. Several things, in fact."


Who let the dogs out? And, what’s coming next might be the questions of the day for the Dynamic Duo.

Trust and confidence are kaput.

Worries persist over the number of CDS [Credit Default Swap] issues coming due and the ability of these to settle-up satisfactorily.

If you think I know anything beyond what I see on the tape you’d be wrong.

Two days ago I noted it was “death by a thousand cuts slices”. Today as my Novocain is wearing off it’s “by the seventh day, we crashed” with major market averages down over 20% cumulatively.

High volume and negative breadth were as impressive as you might expect.




The TED spread continues to reflect frozen credit.

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Six Commodity ETFs

David Fry, publisher of the ETF Digest, tells why he likes commodity ETFs and which ones he likes now. Tickers: USO, DBE, UNG, DBC, COW, DBA

ETF Hedge Fund

Author David Fry discusses how his new book explains how an individual investor might use ETFs to create their own hedge fund.

Great ETF Race

Publisher of the ETF Digest David Fry explains what criteria you should use to decide whether an ETF is a good investment as well as what new ETFs are on the horizon. Ticker Symbols: EFA, EFZ, EEM

Sell Global ETFs?

In his ETF hedge fund, David Fry often shifts his position from long to short, and here he reviews his current position in some of the global ETFs. Ticker Symbols: EWZ

Interviews Investor In The Woods: Part I Interview Central: David Fry, Part III Interview Central: David Fry, Part II Interview Central: David Fry Part I Bloated array of ETFs results in liquidations Interview About Israeli ETFs With David Fry Regulator taking closer look at commodity prices Best ETFs in Small-Cap, Mid-Cap Space Mass marketing:Ruling opens door to many new ETFs, few of which you'll need Uncorrelated Commodity ETFs Offer Downside Cushion Visit the Press Room for more news and media links.

Essays Dawn Of A New Era - The Great Race The first part of this essay was written five years ago--how time flies! And how the ETF sector has grown! By the end of the first quarter in 2008 roughly 650 ETFs were issued with 40% of those launched in 2007.... June 1, 2008 View all of Dave Fry's Market Essays.

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