These are three defensive sectors which we believe should hold up well in the current volatile market. While we don't see astronomical gains ahead, we do see sustained outperformance over the next 6 to 12 months in these sectors. No, I don't. A similar rate of rise for the Dow would equate to 11,500, which is materially below the estimate of Ms. Cohen. In addition, increased monetary liquidity and the prospect of improving economic conditions next year could bolster gold prices and, in turn, gold stocks.
Gold also offers the appeal of a safe haven during turbulent market conditions.
It's a good holding in a tumultuous market. Bid on or offer business services Web design, logo design, computer consulting, and more. Business Week Online may receive a share of any fees you pay for services. The McGraw-Hill Companies Inc. All rights reserved.