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Author: Bernie Mitchell

Shorting SPY

We entered 50% short positions in the SPY at 115.58. The balance of shorts will be entered at SPY 117.09 Downside targets will be posted. Cycle tops are due 10/11 and 10/18.This should be treated as a short term trade measured...

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Gold To Rally

Based on this week price action in the GLD, the bullion looks like it’s making a short term bottom. A rally over the next few weeks should carry GLD to a maximum 173.76, (which would close the gap prior to the big...

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