Wednesday, February 28, 2007

He Told You So

Hitchedmag.com's own Brian Brogan of The Brogan Group of H.G. Wellington and company, Inc. hit a bulls eye with this January column titled "Bring on '07." According to Brogan, the VIX (volatility index) hit an all time low and now has spiked, while the AGG (Lehman Aggregate Bond I-Share) is hitting all time highs. "This is the correction I have been calling for with our clients," said Brogan. "People need to get defensive because this economy is going to slow quicker than most portfolio managers are calling for." In a rather ecstatic e-mail today Brogan professed, "Your readers are making money from my call if they followed the article." Hopefully they did Brian. Keep up the good work. Mr. Brogan can be reached at bdb@signalreport.com or 610-896-8823.

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