Sunday, November 16, 2014

A Correction Is Coming

SGS Market Timer Status:   LONG 
as of close of 10/30/2014

Long Term Current and Past Portfolios
In Cash - Looking for an entry into longs
No change since last week, indices are overbought.  Chances are are good that a minor sell off starts this coming week.  My plan is to do my first buy of 4 into that sell off.   I am planning to buy SPY and QQQ (equal $ amount).  I'm looking for a test of 2000 and possibly 50 D-SMA on a panic.

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.