Alert – Buying SPY#2

June 21,2012
With SPY closing above its 150 day moving average on June 20, 2012,  I am now purchasing $333,000 of  IVV ( the I Shares equivalent of SPY) and calling the purchase SPY#2.

This investment will be held until July 20,2012 and be sold if SPY closes under its 150 day moving average on that day.

As of today, June 21, 10:21am, SPY#1 ( $333,000 ), purchased on June 11, is ahead $3,644- ( 1.07% ).  It will be held until the market close July 10, 2012  and then reviewed for sale or hold.

My final purchase ( or pass ),  SPY#3,  ( $333,000 ) , will be reviewed for possible purchase ( or pass ) at the market’s close on June 29, 2012.  If a purchase is made, it will be via symbol VOO ( the Vanguard equivalent of SPY ) and be called SPY#3.

So, my next action will be triggered by the SPY close on June 29, 2012

Bye, for now…

Richard Maurice Gore ( aka ) Rich, Dick, RMG, Richie from Throggs Neck and Smiley from Woodlawn.

One Response to “Alert – Buying SPY#2”

  1. Barry Drab Says:

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