Thursday, July 28, 2011

I will stand still today.

We are steady at this moment in time but I would totally understand anyone that would want out of this market. I will however, stand my ground in hopes that a decision will be made on the debt ceiling by this time next week. It is a total gamble and I’ll either be right or wrong. S&P500 is holding above $1295 so I feel comfortable at the moment. The S-fund is back to $692-$693, so even though my mind is telling me to bail, I will stay in another day. Below is the current picture of the S&P500.

sp-dailyview2

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