4/4/12

A disappointing day


Gold down $48. Commodities weak. Crude down more than 1%. Market sinking (futures). Yield sagging.

It does not look like a pretty day. Except for bond holders. The markets do not seem to be convinced the economy is strong.

Is this the correction everybody was expecting? Sell in May and go away?

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

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