Buy Signal

By on October 16, 2008

The Tactical Timing System generated a buy signal at the close today. To comply with the system the following positions will be purchased tomorrow at the market opening price.

Aggressive Portfolio:

Pepsico (PEP) 4% Allocation

Eni S.p.A. (E) 4% Allocation

Conservative Portfolio:

No Changes

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Target Allocations: Aggressive Portfolio: 150% equities; -50% cash

Conservative Portfolio: 75% equities; 25% fixed income

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Commentary: Equities are in one of the worst bear markets I’ve ever lived through. It looks like we’re headed for a serious worldwide recession. Several indicators of investor fear are at peaks never seen before. It could be that all but the worst of outcomes is already discounted in the current prices of stocks.

Disclaimer: It is challenging to outperform a buy and hold strategy. Many investors have found themselves well-served over long time horizons by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.
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Marker: Dow 8,577
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