And we do not believe for one minute that Obama will cut defense spending or pull out of Iraq.
Even if there was a downturn in troops in Iraq we would expect to see them in Afghanistan or sent over to Pakistan.
Gaza is burning, Russia has reasserted itself. No, we don't see one less missile being sold this year.
Stay long defense via ITA and FSDAX. We are personally in for 5% per fund as a core holding.
http://articles.moneycentral.msn.com/Investing/MutualFunds/FlyHighWithAerospaceDefenseStocks.aspx
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