Tuesday, March 1, 2011

Tomorrow, Wednesday, A Crtitical Day

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

Today was not a good day for the bulls.  Tomorrow, there is a good chance for SPX to drop down to test its 50 D-SMA around lower 1290's.   I fully expect SPX to bounce off of its 50 D-SMA and close above 1300 which would be very bullish.


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.