Good Sectors: Technology & Telecomunications
With the recent pullback, the technology sector is reasonably priced. QQQQ, the Nadaq ETF looks like a good buy to me.
Telecommunications looks good as well. It's a good player in a slowing economy. Why? It's considered a defensive sector and with industry consolidation, it looks for a comeback after a multi-year pullback. iShares Dow Jones US Telecom (IYZ) looks like a good buy.
Reference
Telecom ETFs at Yahoo.com
Technology ETFs at Yahoo.com
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My Aug 2006 Stock and ETF Holdings
