Sunday, April 19, 2015

Buying Fear And Worry

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015   

RTS Current Portfolio (2015)



SPX rallied and broke through its PDL last week and was on its way to put in another new all time high.  Then worries about Greece and China crept in causing a sell off last Friday.

These type of worries in an extremely accommodating monitory environment are good opportunities to add to long positions.  My plan is do my 3rd buy as soon as SPX closes above its PDL, very likely sometime this coming week.

SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend Line
NDX: Nasdaq 100 Index    DTL: Dynamic Trend Line 

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.