SGS is Short (as of close of 3/16/2010)
RTS 20110317 Short Portfolio (Bench Mark)
My LT Portfolio
SPX was sandwiched by the two immediate trend lines (shown in orange) today. The fight between bulls and bears was a tie, but bears will get one more crack at dragging indices down tomorrow. I think they'll get it done.
No one knows where our economy is headed now. That unknown has brought on a world of confusion and indecision into financial markets causing them to over react to news. Since I don't see a great deal of good news coming our way in the next few weeks, chances are good that Market would break to the down side any day now.
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 20110317 Short Portfolio (Bench Mark)
My LT Portfolio
SPX was sandwiched by the two immediate trend lines (shown in orange) today. The fight between bulls and bears was a tie, but bears will get one more crack at dragging indices down tomorrow. I think they'll get it done.
No one knows where our economy is headed now. That unknown has brought on a world of confusion and indecision into financial markets causing them to over react to news. Since I don't see a great deal of good news coming our way in the next few weeks, chances are good that Market would break to the down side any day now.
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.