....., nearly every September since 1917 (except 1954, 1964, 1968 and 1973) has had a correction with an average loss of 4.5%. As the market trends closer to the upper end of its trading range, near resistance, and signs of an overbought market continue to strengthen, the likelihood of a typical September correction is also increasing.
These comments were taken from an article by Hirsh $ Mistal. Click here to read the complete study.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
Disclaimer.The content on this site is provided as general information only and should not be taken as 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.
No comments:
Post a Comment