Sunday, February 6, 2011

Market Looks Excellent .... Higher We Go

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

As DJI, SPX and NDX set new 52 week closing highs on Friday, NAZ also joined the party and set a new 52 week closing high.  RUT will very likely set a new high tomorrow as Market rallies higher.  Any sell off at this point is a definite buying opportunity.  We might see a sell off early tomorrow to SPX lower 1300's and possibly to SPX 13D EMA around 1295.

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.