Thursday, August 27, 2009

RTS selling SGP and buying PRU in its place on Fri 8/28/09

SGS is long.

RTS is selling SGP and buying PRU at the open tomorrow Friday August 28.

I closed all my long positions at SPX 999 on August 12. I've been waiting for a pull back to get back in. I was hoping for a correction to mid 900, but I don't think that's going to happen.

For now, I think SPX 1001 is good target to get back in, we might see it soon. My plan is to load up 50% once SPX sells off to 1001, then double down at 981 if we get there. I'm not going to buy the top 10 RTS stocks this time, I'm going with the indices. I'll buy 60% SPY, 20% QQQQ and 20% IWM (iShares Russel 2000 ETF). Once loaded, my stop loss would be SPX closing below its 50 D-SMA.

I'll post later why I'm not going with the top 10.


Saturday, August 22, 2009

RTS Portfolio Updated as of Close of 8/21/2009

SGS is long.

SPX closed at above 1026 (1026.13) on Friday. Per plan I'm going to buy the top 10 (as of close of Friday) long sometimes this week. I'll post my exact plan later.

Current RTS Portfolio is shown below (Previous RTS Portfolios):

Thursday, August 13, 2009

RTS Portfolio Updated as of Close of 8/12/2009

SGS is long.

I closed all my long positions at SPX 999 yesterday. I'm waiting for a pull back to mid 900 to get back in long. If this rally continues to SPX 1026 and higher, I would also consider getting back in long again.

Current RTS Portfolio is shown below (Previous RTS Portfolios) :

Tuesday, August 11, 2009

Closing All Long Positions at SPX 999 or Higher

SGS is Long.

SPX 1019 didn't happen (SPX got as high as 1018 last Friday, very close but no cigar) and I'm still long on my 10 stocks. My new target to sell is SPX 999. I think there is a good chance that SPX goes down to mid to low 900 this month. I'll use that sell off to get back in long. Other possibility is that SPX continues to go higher after closing above 1000 for the second time. In that case, I'll look to get back in long at SPX 1026 or better.

Wednesday, August 5, 2009

RTS sold AMZN and bought STI in its place on Wed 8/5/09

SGS is long.

RTS sold AMZN and bought STI at open today Wed 8/5/09.

I didn't get a chance to do that today. I'm selling AMZN and buying STI at open tomorrow Thr 8/6/09.

Current RTS Portfolio is shown below (Previous RTS Portfolios):