Dave Landry

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01/12/11 Dave Landry's Newsletter: Do These 2 Things While The Market Corrects Sent Friday, January 27, 2012
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Q: Should I buy stocks that have a good dividend yield? 
A: See page 15.  

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Got Random Thoughts:

As I've been saying: "Sooner or later the market will have to
correct. And, again, the nature of the next correction will be
important. If the market comes back in below its prior breakout
levels (circa the January lows) then as trend followers, there's no
trend to follow. If it has a minor correction then goes back to
climbing the wall of worry, then it's all good."

So, it looks like the market is finally entering that corrective
phase. 

Honor your stops on existing positions and wait for entries on new
ones. 

Futures are getting hit fairly hard pre-market.

Best of luck with your trading today! 

Dave

Questions? Comments?  Buy my new book, read it, then shoot me an
email at dave@davelandry.com or call me at(1) 985-898-4993. 

Disclaimer:

All predictions are about the future. A lot of $#*!  can happen
between now and then. 

Information is provided for educational purposes only. 
See more disclaimers at www.davelandry.com