Sunday, September 21, 2014

It's Going To Get Ugly

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

Long Term Current and Past Portfolios

Everyday last week Big Money (BM) pushed cash indices higher by buying their future contracts, but even BM is not big enough to continue that indefinitely.  Now BM has no choice other than selling those contracts he accumulated for the last couple of weeks.

Chances are good that Friday sell off accelerates on Monday.  My plan is to add more short positions as SPX close below its 20 D-SMA, very likely on Monday.

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.