Dightman Captial Group
We manage adaptive investment strategies, as part of a comprehensive planning environment, designed to protect capital in sustained market contractions and grow capital during market expansions.

Protect...Grow...Repeat

Market & Economic Brief

March 4th, 2010

GLOBAL STOCKS
Stocks are making a recovery attempt from the pullback that developed in the middle of January but remain vulnerable, in our opinion.  We will not be surprised if stocks reach new highs in the current rally but have become more alert for another, potentially more significant, correction. 

WORLD ECONOMY
Leading economic indicators by ECRI are starting to point to a slowdown in the U.S. economy toward the middle of the year.  Debt issues in Europe, the Middle East, and some U.S. states continue to pose potential problems.

INFLATION DATA
Inflation generally appears to be contained and continued deflation concerns appear to be off the table for the time being.

U.S. RESIDENTIAL HOUSING
The housing market has stabilized but weakness has started to reappear in parts of the market.

PLANNING
New conversion rules for ROTH IRA's in 2010 may present a unique planning opportunity.

DCG Investment Strategy

Dightman Capital Group has designed and continues to advance a highly disciplined investment management approach. Our adaptive money management service uses a variety of techniques in an attempt to avoid large capital losses during market contractions and capture gains during market expansions. We combine economic, market, technical and behavioral data in our process.

We have built a highly scalable system that can be deployed over a large asset base and number of accounts. We offer three growth strategies for different risk profiles: Aggressive, Moderate & Conservative.

We use a wide variety of asset classes: Stocks, Bonds, Real Estate Investment Trust, Master Limited Partnerships, Currencies, Commodities, Long/Short, Managed Futures, Money Markets, and others. In addition to investment strategies managed directly by DCG, we recognize the expertise of other skilled investment managers and may utilize their services in our strategy. Our entire approach is designed to maintain flexibility in how we manage risk and deliver returns.

Our primary goal is to expose our strategies to growth opportunities when they are present and to move to a defensive posture during sustained market and economic contractions. We follow a variety of data sources for information about the near term environment for investments and invest our strategies accordingly.

Most of our strategies use exchange traded or mutual fund investments, although other investment structures may be used. Please review our ADV Part II for more detail on our investment strategies.