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Re: Looks like a decent ETF,     23-Jan-09 10:47 am    
Jacobs (JEC) just got upgraded to a buy today, so you will start to see the that and the other holdings move upward over the next few weeks. Obama announced this morning his intention to get the stimulus out by Presidents' Day. Buy on any dips, but don't wait too long. This may not be a day trade, but it will definitely be higher a month from now.

CAT will report on Monday, and is not expected to be too good. You might get a dip then, or they might surprise to the upside and the whole sector will head higher. I've got some PKB and some dry powder to see what happens.

I bought some stem cell stuff back in November when Obama won, but nothing happened with those until this week when the FDA acted and Obama is supposed to lift the executive order on stem cells. I imagine there is still confusion on the contents of the stimulus package and the big upward move in this stock won't happen until some of the details are finalized and passed by Congress.

This is also a nice longer term hold, as most of these companies are sitting near multi-year lows. When the market recovers, you these holdings should do as well or better than the rest of the economy.
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dublucash20...

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I'll be looking to buy if / when it tests its lows one ...
jjl2u Rate it 21-Jan-09 11:41 am  
 
Re: Looks like a decent ETF,
dublucash20... Not rated 23-Jan-09 10:47 am  
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PowerShares Dynamic Building & Construct (PKB)

Chart for PowerShares Dynamic Building & Construct (PKB)
On Nov 27: 11.30 Down 0.22 (1.91%)
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