10/19/10

An old pattern is alive and well

An old pattern is alive and well.

The market is sagging today. The excuse was reasonable -- China raising interest rates.

Market down. Commodities, mirroring the market, down. LQD up. JNK down.

This pattern may be trying to teach us something.

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.

No comments: