US stock market is in a drip drip lower mode breaching every moving averages with conviction.
Where is the support IS the big question.....
Support may be around 200 DMA.....
Except for Oil, Healthcare related stocks its all downhill.
What is required is extremely high CONVICTION & PATIENCE which is in short supply these days.
You must look forward 30 days from here and know what MAY work, that takes lot of doing, deep analysis and technical know how.
Here is how my last week ended :
Last week Down 11.46%.....
Here is my portfolio weighting on 200% exposure, high exposure based on my belief in Gold & Silver which has about 54% weighting:
GDXJ 31.33%
AMDL 26.48%
SLVR 22.52%
SPAX 11.36%
GGLL 8.31%
BLOG does NOT give buy or sell.
Saleem
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