Thursday, December 16, 2010

Bull Flags On All Major Indices ... Bull Run Should Resume

SGS is Long (as of close of 12/1/2010)
RTS 20101202 Long Portfolio

Bull flags are well formed on all major indices now.  Transportation Index, the leader, broke out of its bull flag formation today, other indices will very likely follow tomorrow or early next week.  SPX looks good and bull run could resume as early as tomorrow.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice

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