Added To Longs Like A Lunatic

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June 11, 2009

I don’t know what is happening, but everyone on TV seems to no longer like being long.

The SPX has been lagging in terms of reaching its own 50 week MA.

spxflag

This sector is starting to move higher = Utilities. That may be a bad sign for the market in the short term.



  • http://www.stockrake.com StockRake

    Sold my index longs at the 10:45 close.

  • http://www.stockrake.com StockRake

    Sold my index longs at the 10:45 close.