6/8/11

Ugly opening

It looks like the market wants to re-test the 1280-1260 range. We are back to the early January levels.

Bonds are holding up as they should in a down market. Copper is very weak. It looks like the business cycle is definitely downshifting ... for now.

Exciting market if you are ready for it. On 5/8 we gave a sell signal to our subscribers.

Is the market close to a bottom? Why not subscribe to The Peter Dag Portfolio ans see what we think.

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

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