"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, September 3, 2010

Pig Updated (SPX proxy SPY)

Well, we not only got the SMA 50, but it appears the hog wants to wallow in the slop of a fun-filled Labor Day transition to upside mini-euphoria as da wize guyz comez back from da Hamtonz.  SPX targets the red trend line and makes me glad I remained short-free for now.