Lou Holland Diamonds DJIA E.T.F. DIA-A TOP PICK Sep 24, 2004

ETF, if very long term, then buy now, else wait. There is opportunity in carnage.

Represents the 30 stocks in the Dow. If you are a trader, it is a dangerous thing to be in. The market closed today and broke their old lows and it looks like there could be another 10% downside.

DJ vs. S&P He prefers the Dow Jones over the S&P because it has slightly lower growth-stock weighting. DJ is 24% in tech and communications; S&P is 36%. DIA pays 2.7% too. This bear market is getting long in the tooth, based on history. We should see some recovery soon, like lower inflation numbers. There is some light at the end of the tunnel.