PORTFOLIO UPDATE: THE CROSSROADS

Posted By admin on Mar 7, 2013 | 0 comments

During the trading day, I tweeted the following:

Not only was this loss a direct affront to the method of technical analysis I subscribe to, but it also laid out my short-term trend indicator. Two proportionately accurate measures of the market befuddled, left shaking and vulnerable against a graffiti marked brick wall.

I will have details regarding the potential direction for the markets during the weekend.

As of the close today, the portfolios are roughly 75% long spread across WMIH, SPNS, IWSY and MITL.