In Cash as of 9/3/2013Indices Long Term Current and Past Portfolios
In Cash as of 9/3/2013
I am watching NDX. If BM starts to unload its high beta holdings (TSLA, NFLX, FB, AMZN ...) to take profit, we should see NDX under performing in the sell off and hence changes of a test of SPX 200 D-SMA would be good. Otherwise, selling would not go much beyond PUL and it would be a buying opportunity.
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.