Tuesday, February 1, 2011

Leaders Need To Follow Suit And Set New 52 Week Highs

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

SPX and DJI set new 52 week highs today.  What we need now is leaders, NAZ, RUT and TRAN, to follow suit and set new 52 week highs too.  Very likely we'll see RUT and NAZ doing that tomorrow, TRAN still needs a few more days specially with oil also at a new 52 week high price.


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.