Contrarian ? Vote for the most bombed out sectors

jg-ms

I'm interested in opinions/facts on sectors the forum thinks are the most bombed out in the current melee, and therefore which from a contrarian perspective would be the areas to go in to.

Where would you really be buying in to fear :?

My votes would currently be:
- Commercial Property.
- Banks.
- Emerging markets stocks/bonds.
- Japan.

And the areas that are the non-contrarian bet:
- cash
- US bonds, followed by developed market bonds.
- corporate bonds (at least judging by the fact that these are now the top funds being pushed to retail investors).

As background I'm heavily influenced by John Kay's recent book - the long and the short of it - and have a portfolio heavy in ftse-100 so am considering some small but perhaps brave steps in to sectors that may be the most fearful.

Thanks,

John.

ozzage

Shipping? A few weeks late perhaps, but still low.

gozomark

Irish and Greek Soverign debt - definitely buying into fear there

tradetime

Iraqi Ice cream van franchise, But more seriously anything related to the CRB index (commodities) with the exception of gold for now.

wombat42_2

tradetime wrote: »

Iraqi Ice cream van franchise, But more seriously anything related to the CRB index (commodities) with the exception of gold for now.

The CRB is rocking - up 1.19% today.
http://www.marketwatch.com/quotes/crb

gozomark

only up 1.19% - thats a real underperformer today :-)

wombat42_2

gozomark wrote: »

only up 1.19% - thats a real underperformer today :-)

Gold is dragging it down a bit (down 2%). The CRB doesnt necesarrily just follow the DOW

Many commentators are saying $2000 gold within a year or two. One or two are even calling $3000 :eek:

I think there is a whiplash effect in commodities. The fact that prices are so low leads to supply destruction and a big spike soon, Anyway we will soon have peak oil and peak soil.

1984ReturnsForReal_2

Many commentators are saying $2000 gold within a year or two. One or two are even calling $3000
---


Those will be the same commentators who have interests in or are paid by people who have interests in the price of gold going up then.

tradetime

or the same ones calling for $200 oil before it sees $100 again at $140, maybe they get it right this time, having said that a year or two is quite possible

tradetime

Anyway we will soon have peak oil and peak soil.

Twin Peaks, weird show.

gozomark

wombat42 wrote: »

Gold is dragging it down a bit (down 2%). The CRB doesnt necesarrily just follow the DOW

Many commentators are saying $2000 gold within a year or two. One or two are even calling $3000 :eek:
.

to help balance it out, I'm calling for $ 500 - feel free to quote me in subsequent gold threads :rotfl: