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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.52-0.3%Jan 7 4:00 PM EST

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To: GROUND ZERO™ who wrote (21902)7/21/2011 10:29:14 PM
From: rubbersoul  Read Replies (1) of 221444
 
Those are just general charts but overall I think we will have to grind it out for a little while. I'm willing to keep my longs and buy gradually into this consolidation or just hedge with the rest of my cash. However, I will not try to get too cute here and sell my core positions.

IMO, the recent trend of miners leading the metals will continue into the fall season. But instead of rotating profits into cash I may just buy the metals.
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