SGS is Long (as of close of 12/1/2010)
RTS 20110103 Long Portfolio
Today all major indices closed in red with lower highs and lower lows. That increases the odds for a sell off tomorrow. I expect SPX to test its 13D EMA, currently around 1316, either tomorrow or on Thursday. I believe that would be a good point to scale into long positions.
opader@gmail.com
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.
RTS 20110103 Long Portfolio
Today all major indices closed in red with lower highs and lower lows. That increases the odds for a sell off tomorrow. I expect SPX to test its 13D EMA, currently around 1316, either tomorrow or on Thursday. I believe that would be a good point to scale into long positions.
opader@gmail.com
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.
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