Frazier: Ignore the 'Experts,' Stocks Poised to Plunge: "The weak economy will push U.S. stocks lower — perhaps substantially lower — in the weeks ahead, says David Frazier, editor of Newsmax newsletter The ETF Strategist.
Aggressive investors can take advantage of this move by purchasing inverse equity ETFs (exchange-traded funds), he told Newsmax.TV Money. These are funds whose share prices rise as stocks fall.
Conservative investors, meanwhile, should shift their holdings to cash, Frazier says."
Guarenteed Retirement Account Bailout (G.R.A.B.)
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Tuesday, July 6, 2010
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