From Chief Investment Officer Tom Veale,
Some emotional difficulties have been surfacing for investors. No clear path or trend seems to exist and that has caused some market participants to react poorly. This brings to mind:
Execute your Plan
Set the plan in motion; know that it takes time for realization. Follow the plan without hesitation allowing the goals to be realized. The strategy is sound so execution is all that is required.
a) Buy when the plan says
b) Sell when the plan says
c) Be very patient when no buy or sell signals are being generated
T. Veale – 1998 Review
At SignalPoint we do have a plan that has been in place since the start of our investment advisory. We maintain our discipline through thick and thin. The purpose of the plan is to maintain appropriate balance between investment and investment risk. Our strategy is dynamic and adjusts to the changing conditions of the market place.
Here’s how the latest Market Risk Indicator histogram looks:
Complements of Franklin/Templeton here’s their update as of last Friday’s close: