9/6/11

Thought of the day

Do not try to pick the bottom.

Wait. Look. Think. Be patient. Watch carefully. Let the dust settle. Wait for the uptrend to become visible. A few weeks. Not a few minutes.

Volatile markets are telling us to be prudent. What is happening is setting the stage for a great buy oppportunity when our proprietary financial risk indicators start declining.

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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