SGS is Neutral (as of close of 8/9/2011)
My Long Term Portfolio
I'm 50% in (IWM, QQQ, SPY equal $)
Despite indices losing most of their earlier gains into the close, there was hardly any wholesale liquidation of equities. This signals that a bottom is being formed and chances of major indices moving substantially lower (greater than 5%) is remote.
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 is in CASH (Bench Mark)
My Long Term Portfolio
I'm 50% in (IWM, QQQ, SPY equal $)
Despite indices losing most of their earlier gains into the close, there was hardly any wholesale liquidation of equities. This signals that a bottom is being formed and chances of major indices moving substantially lower (greater than 5%) is remote.
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.