Sunday, September 14, 2014

SGS Market Timer Is SHORT

SGS Market Timer Status:   SHORT 
as of close of 9/12/2014

Long Term Current and Past Portfolios
In Cash

SGS Market Timer is short as of close of last Friday.  SPX is on its way to tests its 50 D-SMA early this coming week and continue to sell off to test its Active Uptrend Line.

My plan is to open first short position of three in indices (SPY, QQQ and IWM) sometime early Monday.  As soon as SPX closes below its 50 D-SMA, I will add to short positions in indices and short 5 stocks with the lowest RTS ranking.

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.