Bullish and bearish views. For more just click hereAnd now this one.
Wayne Whaley of futures firm Witter & Lester, who studies historical market tendencies almost daily, last week checked all the times since 1950 when the S&P 500 was up at least 10% over 35 trading days without at least a 2% pullback, like the current rally. The forward returns from the prior instances were in line with average long-term annual performance, 8.7%, and only once in 22 times was the market down a month later.
What to do? They seem all so convincing.
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.
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