Monday, April 11, 2011

A Test of SPX 50 D-SMA Very Likely Tomorrow

SGS is Long (as of close of 4/1/2011)
RTS 20110404 Long Portfolio (Bench Mark)
My LT Portfolio

There is a good chance that SPX sells off to test its 50 D-SMA around 1311.  My plan is to buy that dip and open up long positions in my LT (first of possible 3) and IT (first of possible 4) portfolios.

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.