What would I like to see?

When I follow my indicators I am always trying to understand what they are trying to tell me. Should I buy? Should I sell?

Another way to approach the decision is to ask myself the question: What would I like to see? Do I see the conditions to buy or to sell? If the high probability pattern is not there, then why not wait?

Take for instance the indicator shown in the chart (click on the chart to enlarge it). The high probability pattern telling you to start thinking about buying is when the oscillator falls to LEVEL B. So, why not wait. I tell myself to take a deep breath and wait, even if other indicators are saying the market is oversold.

Patience is an important element in winning in the investment game.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

George Dagnino, PhD
Editor, since 1977
Ranked in the Top 10 for 12, 6, and 3 months for market timing by Timer Digest

Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.