5/31/11

Thought of the day

The futures are up more than 100 points for the Dow. Why?

May 31 (Bloomberg) -- Stocks rose around the world, paring their worst monthly performance since August, and the euro strengthened amid speculation nations will pledge more aid to Greece.

How can one seriously invest in a market moving 100 points depending on what is happening in Greece and what Germany plans to do about it? It is crazy!

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

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