$SPY $QQQ Market Update: Long bonds

There has been a lot of weakness in the market in the past few days as the breadth in the market has declined. We have closed our long positions from 140 buys to 151 for a nice 8% gains (http://dchsn6.wordpress.com/2012/11/28/why-i-went-long-spy-today/ ). We have initiated a long bond position at 117 today. In simple terms, equity is not a place we want to be, bonds are a better bet based on our proprietary tools.

Image

tlt

Follow me on twitter @dchsn6

Like us on Facebook: https://www.facebook.com/Dchsn6

About these ads
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: