SGS is Long (as of close of 12/1/2010)
RTS 20110103 Long Portfolio
Once again the fight is on for tomorrow. I think bulls are going to have pulled bear meat with hot jalapenos sandwiches for lunch (Texan way, more specifically Austin's Whole Foods Market). All we need is a tamed Portuguese bond auction. I'll be watching Europe tomorrow before open.
Today, leaders TRAN and NDX put in new highs and Naz followed suit. Tomorrow I think we'll see new highs in SPX and with a little bit of luck in RUT. That would be really nice.
If things don't go bulls' way, then a trip down to 13D EMA is very much in the cards for SPX.
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