10/17/07

Crises are bullish for stocks

Housing starts are down more than 10% from last month....bullish for stocks.

Financial stocks are weak again as credit issues become widespread....bullish for stocks.

The Beige Book is bearish on the economy....bullish for stocks.

Trading volume has increased substantially as the Dow weakened in the past five days....bullish for stocks (Dow closed at 13892.54).

Bond prices are soaring....bullish for stocks.

More on http://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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