SGS is LONG (As of close of 8/24/11)
Today NAZ, DJI, SPX and DJT traded above their 50D SMA for the second day in a row. Also today, RUT closed slightly above its 50D SMA. Market internal data including volume, however, is not painting a bullish picture.
My plan is to unload my LT portfolio somewhere around 1209 to 1214, hopefully sometime tomorrow.