Thursday, January 20, 2011

Tomorrow, Friday, A Critical Day

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

Tomorrow is critical day.  Too much damage has been done already to TRAN, RUT and NAZ.  SPX is still holding up well, but it might crack tomorrow too.  A solid close at lower 1270's or lower would be very bearish, a solid close in upper 1280's or higher would be very bullish.  Market will tell us where she stands by close 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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