Thursday, December 22, 2011

SPX Is About To Hit Stiff Resistance

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

Late post.  SPX is about to run into stiff resistance today or tomorrow (1260 +/- a few points). Chances of getting through that resistance between now and EOY is slim imo.

Waiting for SPX 1254 to go into cash in all accounts and call it a year.

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.