Bottom bottom who’s got a bottom?….

Posted on Jun 06, 2012 by in Letters$SPX&p=D&yr=0&mn=3&dy=0&id=p88572661534&a=214966864

Today's action looks like a broad market signal to us.  We lifted some hedges and committed a smidgen more capital to the market.  A 2.30% day in the SPX is not to be ignored.  The downtrend line is close enough to smell, as is the 20 day moving average.  Both should provoke buying.

This is only a preview. You must be a subscriber to access the full text of this letter.


Choose a Username*
Email *
First Name *
Last Name *
  * Required

Tags: ,


You must be a subscriber to view and submit comments on this post.