Founder and President
Zulauf Asset Management | Zug Switzerland
“Natural resources and emerging markets are the places to be for the rest of this rally. The market probably has 10% upside from here. Once the S&P 500 crosses 1200, move to the sell side … I like exchange-traded funds … .I also see opportunities in the foreign-exchange market … . We saw a big devaluation of the dollar last year, and next in line are the yen and euro. The euro is about 20% overvalued relative to the U.S. dollar.”
Some of Felix Zulauf’s picks in January: Oil Services Holdrs Trust [OIH]; SPDR Metals and Mining [XME]; iShares MSCI Emerging Markets [EEM]; Short the euro against the U.S. dollar; Short long gilt futures; Buy gold. Barron’s Roundtable, January 18, 2010.
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