Algokid
Long

SPY MONTHLY UPDATE : LONG....RISK (still) ON

AMEX:SPY   SPDR S&P 500 ETF
205 0 4
the SPY             is having it's best month since October 2011 , when it finished with 10.30 % return. You can see that bounce from it's 200 ma at the beginning of month and never looked back.

For next month , I believe this momentum will continue .

SPY             still above it's 200 ma, so the trade remains open.

Return since signal (Jan 2012) : 79.07 % ( including all dividend )

Cheers

Algo
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