Today the S&P 500 busted through $1292 and closed at $1308. Also following suit was the Small Cap breaking through it’s major resistance level. The key now is to hold above this level and climb. We want slow and steady growth and none of the fast moving jerking all over the place that is hard to read. We now have 4.11% gain in the C-fund and a 5.62% in the S-fund Year-to-Date. Bailing out at this point and riding the G-fund the rest of the year would almost assure you 6.5 to 7% gain for the year. Oh what to do? Below you will find the S&P and Small Cap daily charts.
Wednesday, January 18, 2012
We busted through, will it hold ???
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