Wednesday, August 28, 2013

Trades for THR August 29, 2013

RTS-OS Portfolio and Trades
RTS-OS Sells P and Buys GT in its place at the open

Big Money was busy today picking up panicky sold stocks.  Support lines for major indices held well.  Chances are good that we see a back test of 50 D-SMA for SPX (around 1658) by Friday.  A close above 50 D-SMA would be extremely bullish.

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 N without notice.