Engraved invitation…

Posted on Oct 25, 2015 by in Letters

1023spx

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p38955316076&a=266398464

You have heard of the famous market engraved invitation.  Here it is in the flesh.  Strong buying signals with the gap on top of power bars.  We bought  additions to our SPX position and will buy more next week.

These invitations were scattered throughout the market.  Here QQQ:

1023qqq

http://stockcharts.com/h-sc/ui?s=QQQ&p=D&yr=0&mn=6&dy=0&id=p10072938397&a=266692690

We think tech is extremely important and would attempt to make this into a long term trend trade.

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