01.02.2013 - John Murphy: ETFs have revolutionized trading
One of the most well-known and respected technical analysts says he uses ETFs as the main tool to trade opportunities based on intermarket correlations. “Ten years ago, if you wanted to trade commodities or currencies, you had to trade futures. Also, in the old days, you had to use mutual funds if you wanted to trade sectors,” John Murphy tells TraderPlanet. “The beauty of ETFs is that they let you trade any part of the stock market that you want – large cap, small cap, for example.”..............................................Full Article: Source
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