Wednesday, November 28, 2012

All 3 are now a buy

Well after this morning rapid sell-off, the markets quickly reversed and closed with a very nice gain. What's more the S&P 500 is now onboard and fired it's buy signal today. The S&P broke through the CBL, 50 day ma, and the short down trend line. Tomorrow as long as the markets are up through 11:30am, it is a go. Unfortuantely for me, I have no moves left. So I will have to wait until December to enter the C. No crying here, because I'm deep into the S-fund with 50% of my funds and 50% F for a little protection. 

If I had a move to spend, I would either go 100% L-2050 or 40-C, 40-S, and 20-I. Below is a chart of the S&P 500.

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