Of course, I called this rally to come last week….but what’s
important here is I saw it coming and didn’t get sucked back in
by the bear calls.
I scooped up UYG, BAC, SSO, DDM, QLD beginning as
early as last Friday with more buys on Tuesday….today I picked up N,
a new stock for me…and some GE. I can tell you my broker account is
..BTW, the reason my headline
said BREAKOUT is we broke thru the all important resistance line at
S&P 741-742….to refresh the memories of those who don’t know what
that means, it is that we broke back thru what was the November low and
the previous support….I’m even surprised we broke thru so soon….I really
expected a re-test there today….but, no problem!
…Now the pressure is really on the BEARS….that 741 mark is support again, rather than resistance!