Sunday, November 17, 2013

Indices Are Severely Overbought

In Cash as of 9/3/2013 

Indices are severely overbought and we should see a correction soon.  My plan is to open new long position into that correction hopefully soon.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).

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.