Thursday, June 16, 2011

Big Money Has To Make His Big Decision Tomorrow

SGS is Long (as of close of 4/1/2011)
RTS 20110404 Long Portfolio (Bench Mark)
Market is still deeply oversold.  Tomorrow is Big Money's final chance to bring indices back to a neutral level before the closing bell.  Odds are very good that we see an explosive rally by 1 PM.  What happens after that would be very telling as what Big Money is planning for the market for the next two to three weeks..   If indices are pushed up into the close, we're in for a significant rebound.  If indices close flat or significantly lower, we're in for a very rough ride.

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.