Wednesday, August 31, 2011

SPX Very Likey Backtests Its 50D Very Soon

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 $)
Re-Post (Thr 9/1/11 @ 6:10 PST): I didn't buy 10 RTS Stocks yesterday, but I  think I will today.  Same 10 stocks, except for DFS replacing MOS.

Indices are doing fine. A pull back to SPX 1200 and possibly mid 1190's is very likely.  Good place to open new long positions.

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.