Responsibly Managing Investment Accounts Over 25 Years
Although I’m based in Marin County my clients are from all over the San Francisco Bay Area, California, the rest of the U.S. and abroad. My clients are individuals, family trusts, businesses, business retirement plans, non-profits and foundations.
This blog is intended to help individual investors with simple and timely tips and important information on markets, investment management and financial planning.
Testing Support
November 9, 2011 Leave a comment
Big (3%+) sell off today off the continued dithering in Europe-adding Italian dithering to Greek dithering.
We’re getting near the top of the late summer/early fall trading range and near to the 50 dma on the major U.S. indices. I think these levels will prove to be good support, assuming the EU doesn’t disintegrate. (Earnings season is out of the way.)
What to do? Add to your best growth and dividend positions when they begin to bounce off important support. Use stops under the recent lows where you can.
Share this:
Like this:
Filed under Investment Management, Markets Commentary Tagged with market, mutual funds, stock