Another ugly day. The market is oversold, but financial risk indicators (proprietary indicators) remain high.
An oversold market can remain oversold for a long time. Investors need to have - as part of their process - the trigger that tells them when to buy.
It looks like today everything is going down. There is one exception - Treasury bonds. Too bad most investors do not understand this important, crucial, essential asset class. I have several videos on our website www.peterdag.com on bonds and lagging indicators.
The reason they are important is because they rise when the market declines. But the relation is much more subtle. This is what makes it profitable, I am preparing a video on the subject. Stay tuned.
George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager
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.
No comments:
Post a Comment