Tuesday, August 2, 2011

The Big Picture

Yes, the economy is terrible.  Yes, the sentiment is awful and the political fight over the debt is a nightmare.  But the big picture shows we are somewhat near where I suspect the lows will bottom out -- 11866 on the Dow Jones Industrial Average.  Go look at a one-year daily candlestick chart and you will see it.  This is a good buying opportunity FOR LONG-TERM INVESTORS ONLY.  If you can't stick to your investment decisions, now is the wrong time to enter the market.  Buy good solid stocks that continue to improve financially.