Sunday, August 28, 2011

SPX Is To Test Resistance Band 1200 - 1220

SGS is LONG (As of close of 8/24/11) 
RTS 200110825 Long Portfolio (Bench Mark)
My Long Term Portfolio
I'm 50% in (IWM, QQQ, SPY equal $)
I'm planning to scale into 10 RTS stocks soon.  I don't like current RTS top 10 picks.  I'm going to give it a few more days to see what happens.  In the meantime index ETF's are doing well.

Indices are in a good shape and SPX very likely will test the resistance band between 1200 to 1220 this week.  So far so good.

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.