The best time to buy cheap is when you are afraid to bring up your ideas around the water cooler at work for fear of the peer laughter.  Our work centers on looking for oversold conditions and crowd behavioral anomalies that can give us better low-risk entries with good upside potential. A combination of fundamentals and technicals, combined with Elliott Wave Theory patterns can lead to nice profits with low risk.

For just a few quick ideas that would make sense in this area, we point out three ETFs that you could look at entering now as they are way out of favor and very oversold.

Gold Stocks: GDXJ

The Junior Miners index is high-risk, high-reward. However, if you time the entry right at the opportune moment the upside is very high with low downside risk.  With GOLD out of favor, we have been pounding the table the last 10 days or so that there are only 4-5 weeks left to buy quality miner names. Instead of picking through them one at a time, you can pick up the high beta play GDJX ETF.

….read page 2 HERE