Saturday, July 20, 2013

DJT Cofirmed, Say Hello to SPX 1700

Still 75% invested, no buying opportunity what-so-ever.

Indices Long Term Current and Past Portfolios
I am 100% in cash, no buying opportunity what-so-ever.

As expected ( DJT Must Confirm ), DJT confirmed all time high's in other major indices by hitting and closing at all time highs itself on Thr and Fri. Chances are excellent now that we are on our way to 1700 and beyond, specially now that 20 D-SMA is about to cross above 50 D-SMA (thick blue circle).  In recent years, that crossing has been proceeded by an average gain of 18%  in SPX within 8.5 months.

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.