July 31, 2006 - Brett Steenbarger

ETFs as the wave of the future for individual investors: I think MaoXian has it right. Market Context: Since the 6/13 bottom, we've bounced most in the sectors that had been weakest, but other sectors clearly lag: Energy stocks (XLE) up about 14%; Technology stocks (XLK) up about 3%; Gold (GLD) up about 11%; Healthcare stocks (XLV) up about 1%; ................
................