Tuesday, December 20, 2011

Indices Are Deeply Oversold

SGS is LONG (As of close of 8/24/11) 
RTS 200110825 Long Portfolio (Bench Mark)

Indices are deeply oversold and they should rally today (futures are way up now).  My plan is to sell all my LT positions into that rally, very likely around SPX 1244 to 1249.  We might get there this week.


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.