Saturday, June 27, 2015

Greece's Dips Are Buying Oppertunities

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

RTS Current Portfolio (2015)
Updated for recent dividend payments 

Again NAZ and RUT put in new all time highs this week.  SPX would have followed suit had not been for the Greek situation.  I believe the EU and Greece will reach an agreement soon, but not before a few panicky days during which SPX could easily test support at 2072 and 2055 (200 D-SMA).

The Greek panic would be an excellent buying opportunity.   My plan is to do my fourth and final buy into the panic 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.