Thursday, September 5, 2013

Trades for Fri September 6, 2013

Indices Long Term Current and Past Portfolios
In Cash

RTS-OS Portfolio and Trades 
RTS-OS Covers WLT, JCP and Shorts AGNC, KBH at the open

I have learned from experience that a market that can not be taken down, will go up.  Bears have a small window now to take the indices down, perhaps tomorrow or early next week at the latest.  Otherwise, indices are going to go higher.

I am watching NDX.  There is just no way for the market to go down unless and until high beta issues are taken to the woodshed first.  If I see indices are down, but high fliers are still flying high, then I have to conclude that Big Money is just setting his traps for bears.

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.