Although this is a descending triangle, I believe it will breakout to the upside and allow the SPX to reach the 200-day MA. I am 95% long, mostly focused on the bio/pharm and oil/gas sectors. I will make additional purchases, mainly in the oil/gas sector to balance out my exposure to bio/pharm.
Up +147% YTD 2009.
1 comment:
How could one follow your trades? I'd be happy just to get 1/3rd of your YTD.
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