Busy, busy, busy…

Posted on Oct 05, 2012 by in Letters

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864

We are lifting our hedges and observing a couple of signals.  First, above the basing point has advanced in the SPX, and so  the stop has advanced, as drawn.  This is the wave low stop.  The new high stop looks OK to us.

Then the euro looks headed higher, so we are stepping into what is a small position now.

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


 
Username
Password
 

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

Tags: , , , ,

Comments

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