Emerging Markets - India and ETFs - is this the way to go ?

Emerging Markets
We understand the emerging markets have run up a lot talk about BIC, are second satellite emerging countries , i try to call them the EMERGING Small Caps such as Austria, South korea, South Africa, Turkey etc have also run up a quite a bit
Given such a scenario, with the US domestic market in a Head and shoulder pattern are there real opportunities in Emerging markets on a PULL back or minor correction
Certainly i think so, watch for a decent 10% correction to come before end of calendar year on the emerging front may be driven by China and entering into a good blend emerging ETFs would be a very good approach

FOllowing are some of the good ETFs we are looking at
VWO
EEM
DGS
EDC
BKF
BIC

SKY High Analysis - Satellites and Retail Trending by Hedge and Wall St Funds -

Recently i was watching my morning CNBC routine and caught this on my radar which i thought was cool

http://www.cnbc.com/id/38722872/New_Big_Brother_Market_Moving_Satellite_Images

Hedge fund and Analysts are now using Satellite, Geo Imaging to trend parking lots of large box retailers where the observe number of cars and trend quarterly earnings, consumer activity

I think it was a very cool idea

now we can predict where and when the consumers are going, next thing we can predict

What kind of cars go to Costco, -Macys, Walmart, Best Buy etc and correlate economic demographic to stores and create patterns of usage and predict earnings.

Google earth after all not seems to be bad idea now

Historically there have been many methods

Number of Trailer trucks in I81 or other interstate corridors which showed movement of goods

this just takes to a new level

Before you know there might be drone satellites surveying expensive, affluent high income earning ZIP CODES , thanks to Loudoun,Fairfax, Montgomery,Prince Williams,Howard we can expect many more drone satellites trying to analyze and sell services or study behavior for consumer activity.

Interesting ~~~~~~

Support and Resistance levels

Support and Resistance levels and Rangebound trading
We hear every one talking about this, what does this mean, is there some element behind these numbers, i was skeptical so i began to watch how the market behaves around these levels
Currently lets assume the range for SP500 is between 1040 to 1110
what we need to watch is to see how the buyers get into the market when SP 500 is at 1040 and how sellers / institutions get out to book profits when it flirts around 1110
If thats how we are going to be until end of the year it presents opportunities to book to 20 to 30% returns in a calendar year if we have 3 cycles such corrections
So far in CY2010 we have had 2 .
Feb 2010 - first week
April 23-26th 2010
Im not sure the current correction we are in is over and we are headed towards 1110 SP500 and 11,000 DOW ( thanks AA DOW 30 is a drag now)
But when we do there is a great opportunity to make use of range bound market activities.
Since MARCH 2009, we have had 4 such corrections - July 2009 , Oct/Nov 2009, Feb 2010, May 2010
So its a matter of PURE PATIENCE and not getting swayed by market movements