SGS is LONG (As of close of 8/24/11)
My Long Term Portfolio
I'm 50% in (IWM, QQQ, SPY equal $)
I'm going to wait a few more days before adding more long positions.
Indices look good. Immediate resistance for SPX are at 1200 and 1220. A solid and heavy close over 1220 next week confirms a Double Bottom (DB) price pattern with an objective of 1320.
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)
Today at the RTS opens 10 new long positions in:
I'm 50% in (IWM, QQQ, SPY equal $)
I'm going to wait a few more days before adding more long positions.
Indices look good. Immediate resistance for SPX are at 1200 and 1220. A solid and heavy close over 1220 next week confirms a Double Bottom (DB) price pattern with an objective of 1320.
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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