Thursday, May 5, 2011

Indices Should Turn Tomorrow ... New Highs Sometime This Month

SGS is Long (as of close of 4/1/2011)
RTS 20110404 Long Portfolio (Bench Mark)
RTS is selling NBR and buying CBS tomorrow at the open.
My LT Portfolio
I'm Selling NBR and buying GMCR tomorrow, not sure when, I'll post on FB.
My IT Portfolio
My ST Portfolio

Internal numbers were very bullish today, TRN, RUT and NAZ (the leaders) totally out performed SPX and DJI.  We either saw the bottom today or we'll see it tomorrow.  Indices should resume their rally to set new highs by the middle to end of this month.

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.