dddownside

Tuesday, September 1st, 2009

« Investor, Know Thyself Commentary for September 2, 2009 »

The last year’s market has made most stock investors tense, jumpy and looking around every corner for oncoming disaster.
Today’s decline of (right now 171 points) has us checking and rechecking our accounts. The ISM numbers were encouraging but have done nothing to stall this decline.
September is historically the worst month of the year for stocks - we see more of this before its over BUT (and this is a big but) investors should move in moderation. See our post from August- take a step or two. We believe this pullback has been a long time coming and will result in higher stock prices in 6-9 months

This entry was posted on Tuesday, September 1st, 2009 at 12:50 pm and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

« Investor, Know Thyself Commentary for September 2, 2009 »

Please note that all data is for general information purposes only and not meant as specific recommendations. The opinions of the authors are not a recommendation to buy or sell the stock, bond market or any security contained therein. Securities contain risks and fluctuations in principal will occur. Research any investment thoroughly prior to committing money or consult with your financial advisor. Please note that Fagan Associates, Inc or related persons buy or sell for itself securities that it also recommends to clients. Consult with your financial advisor prior to making any changes to your portfolio.

Entries (RSS) and Comments (RSS).

©2009 Fagan Associates, Inc. All rights reserved.

The Independent Financial Voice of New York's Capital Region

767 Hoosick Road, Troy, NY 12180 · 518-279-1044 · 1-800-273-6026
©2009 Fagan Associates, Inc. All rights reserved. Disclaimer & Copyright