Technical patterns

The market is weak. Commodities are weak. Bonds are strong.

What caught my attention was the utility average. Very strong. Is the seasonality for this sector kicking in? See the above chart for details (click on the chart to enlarge it). Time will tell.

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

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