Monday, January 24, 2011

Leaders Led Today -- That's A Good Sign

SGS is Long (as of close of 12/1/2010)
RTS 20110103 Long Portfolio

Today was a good day for bulls.  Leaders, TRAN, NAZ and RUT, nicely led.  Dow closed at a new 52 week high, SPX and NDX should follow suit soon.  What's needed now for the bull run to continue higher, are new highs for the leaders.  I think we'll see that sometime next week if not this week.

In my LT, I'm dumping AIG tomorrow and replacing it with NFLX.

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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