Wednesday, August 11, 2010

Nasty Move Down Might Have Just Started

The big move down that I wrote about last month (click here), might have just started today.  SGS is Long, but marching toward going short.  I think the likelihood of retesting of SPX 1011 is very high at this point.
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice.  Furthermore, the opinions expressed may change without notice.

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