Monday, December 13, 2010

Trend Is Intact

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

Despite the sell off near close today, SPX and all other major indices look great.

This week being a quadruple witching week, I expect more volitle sessions possibly tomorrow or Wedenesday.  SPX might sell off intraday to mid to lower 1220's.   Those levels would be great entry points to go long for a LT (positions held from weeks to months) or IT portfolio (positions held from days to weeks).

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

No comments:

Post a Comment